Home » 3814 MERIVALE AVE, NORMAL HEIGHTS, CA 92116

3814 MERIVALE AVE, NORMAL HEIGHTS, CA 92116

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3814 Merivale Ave, NORMAL HEIGHTS, CA 92116

$899,990

Bedrooms: 3
Bathrooms: 2
Sq. Ft.: 1,555
Type: Single Family Home
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North of Adams Avenue, this elegant beauty consists of a 2 bed / 1 bath home PLUS an attached 1 bed / 1 bath Granny Flat PLUS a three-car garage! Can be used as two rental properties or as a 3 bed / 2 bath home with the attached flat used as a master. The three-car garage includes space for a workshop. Located central to parks, cultural areas, coffee houses and restaurants, this is move-in ready for a family or a savvy investor wanting to own in a prime area. See supplement for additional details. This elegant beauty located north of Adams Avenue within the Normal Heights neighborhood is centrally located to parks, cultural areas, coffee houses and restaurants. Once you are home you will not feel the need to venture far. The floorplan of this home is multi-functional as either a spacious single-family residence or as a rental duplex due to its layout and amenities. Perfectly appointed as a single-family home boasting 3 bedrooms and 2 bathrooms, the property has rich, solid hardwood floors which flows throughout the living and dining room areas. Abundant natural light shines through the multiple sliding doors ensuring that the home is light and airy. The third bedroom has a sitting area, an ensuite bathroom, personal kitchen, private garage, and a private entry making it the perfect in-law, nanny suite or rental. The home has the luxury of a central air conditioning system, a rarity in San Diego properties. The outdoor living space consists of two patio areas off of the living room and master bedroom along with a third patio in the back of the home. The prize of the property is an enormous 3-car garage. The garage, one of the largest in Normal Heights, has been partitioned off into a 2-car garage with workshop space and an additional oversized 1-car garage. There is also RV parking available in the long driveway. The property can fully function as a 3 bedroom, 2 bathroom, 2 kitchen family home or as a rental property consisting of a 2 bed, 1 bath home and a separate 1 bed, 1 bath studio due to the partitioning of the studio and the studioâ??s self-contained kitchen and full size bathroom. If used as a duplex consisting of a 2-bed / 1 bath and a studio, the pro forma gross market rents are over $50,000 with a CAP rate of 4%. For further value-add, if used as a short-term rental, the property has the potential to produce 2 to 3 times the revenue. 3814 Merivale is a prime single-family residence or long-term rental property for any family or investor that wants to own within an exclusive residential neighborhood north of Adams Avenue and bordering Kensington.
Property Features
Location Information
County: San Diego
MLS Area: Metro Uptown
Community: NORMAL HEIGHTS
Neighborhood: Normal Heights
Interior Features
Master Bedroom Description: 16x11
1/2 Baths: 0
Dining Room Description: 9x7
Living Room Description: 21x17
Kitchen Description: 15x7
Has Fireplace: yes
Heating: Floor Furnace
Cooling: Central Forced Air
Floors: Carpet, Laminate, Tile
Laundry: Outside
Exterior Features
Stories: 1 Story
Exterior: Wood/Stucco
Roof: Composition
Sewer: Sewer Connected
Water: Meter on Property
Minimum Age for Community: N/K
Has Garage: yes
Garage Spaces: 3
Fencing: Full
Has a Pool: No
Pool Description: None Known
Lot Description: 4, 000-7, 499 SF
Topography: Level
Lot Size in Sq. Ft.: 0
Has View: yes
Additional Information
Financing: Cash, Conventional, FHA, VA
Property Type: SFR
Property SubType: RESIDENTIAL
Year Built: 1930
Status: ACTIVE
Restrictions: None Known
HOA Fee: 0
Garage Description: Attached


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Seller's Representative:
John Reeves
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Sandicor data last updated at September 21, 2017 9:27 AM PT