10916-18 New Salem Ct, Mira Mesa, CA 92126

$1,490,000
5
BD
4
BA
2,599
SqFt
Sold Price
$1,490,000
List Price
$1,675,000
Closing Date
May 11, 2023
MLS#
230001826
Status
SOLD
Type
Single Family Residential
Bedrooms
5
Bathrooms
4
Living Area
2,599
Neighborhood
Mira Mesa Verde

Property Description

Variance granted 2-4 Units PRICE REDUCTION! INVESTMENT/INCOME OPPORTUNITY! 2 LUXURIOUS houses with 2 separate, private entries, 2 separate & private back yards, 2 separate addresses & separate utilities. Situated in a quiet cul-de-sac neighborhood. First house has about 1,400 sqft and worth $1,000,000 Second house has 1,199 sqft and worth $850,000. To be sold together at a discounted price of $1,675,000. There is more room in the back to build another 2 bedroom house to rent out. First house is tastefully remodeled and has a nice size of backyard with exotic fruit trees & new studio. The Second house is newly built 2019. It has a modern interior, fantastic view from the second floor & is currently rented for $3,100 a month. Owner financing is available with 50% down. You can live in one house & rent the other!. If you rent out both houses you will have around $90,000 annual income.

Additional Information

Year Built
1971

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of SD Homes, Rayna L Mack. Selling Office: Greater Realty,Inc..