Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    N/A

  • Fireplace YN

    NO

  • Heating YN

    NO

  • Heating

    None

Exterior

  • Garage

    No

  • Pool

    Yes

  • Pool Features

    None

Area & Lot

  • Lot Features

    Rectangular Lot

  • Lot Size(acres)

    0.14

  • Property Type

    Residential Income

  • Property Sub Type

    Triplex

Price

  • Sales Price

    $1,095,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Accessibility Features

    Accessible Approach with Ramp

  • Senior Community YN

    NO

  • Tax Lot

    546-072-07-00

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Location

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San Diego

Elementary School

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Listing Courtesy of Joe Gold , Coldwell Banker Realty

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Income-producing triplex in Mount Hope offers strong rental performance and flexible tenant arrangements ideal for investors seeking both immediate cash flow and long-term appreciation. Tis fully occupied property features a 3-bed/1-bath, a 2-bed/1-bath, and a fully permitted studio ADU. Current yielding a CAP rate of 5.6% based on the asking price with opportunity for growth. This solid return is further supported by the property’s central location, just minutes from freeways, downtown, and Balboa Park, adding tenant appeal and long-term growth potential. Off-street parking for six vehicles enhances resident convenience, while the lot’s R-2 zoning and configuration support varied use strategies. Whether you're a seasoned investor or an owner-occupant looking to offset living costs, it combines stability, upside, and location in one package. **Fully permitted ADU was built in 2024. All units have new water heaters.

641 43 Morrison Street

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