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545 Radio Dr, San Diego, CA, 92114

5beds
3baths
1,462sqft
$850,000
$581price/sqft
$5,314/moest. monthly cost
$212,560/yrincome needed

About This Home

Exceptional value-add opportunity featuring two homes on one lot with significant upside potential. This versatile property is ideal for investors seeking multiple income streams and future development opportunities. The front residence is a 3-bedroom, 1.5-bath home that was fully renovated in 2020, offering modern finishes and strong rental appeal. The rear unit is a well-maintained 2-bedroom, 1-bath home with washer and dryer hookups and a spacious private backyard, enhancing tenant desirability. Situated on a uniquely configured “L”-shaped lot, the property provides ample space for expansion, with additional land at the rear presenting potential for ADU development or other value-add projects (buyer to verify all possibilities and conduct their own due diligence). With its flexible layout, existing improvements, and development potential, this asset offers a compelling opportunity to increase cash flow, maximize land use, and drive long-term appreciation. Ideal for experienced investors looking to unlock additional value.

Getting Around

54
WalkingSomewhat Walkable
52
TransitGood Transit
19
BikeSomewhat Bikeable

Schools

4/10
2/10
4/10
Lincoln High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1955

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex

Interior

Appliances

  • Laundry features: Washer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 2
  • Main level bedrooms: 3

Features

  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,462 sqft

Property

Details

  • Parcel number: 5480802000
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: 1
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Valley

Lot

  • Lot size: 0.44 Acres
  • Features: 0-1 Unit/Acre

Parking

  • Parking features: Carport
  • Carport: Yes