631 Gregory Street
Description
Rare opportunity to own a well-positioned duplex in the heart of San Diego ready for its next owner, offering strong rental history, flexibility, and upside potential at a price below market value. One unit is a spacious 2 bed / 1 bath, previously rented at $3,300/month, while the other unit is a 1 bed / 1 bath, previously rented at $2,200/month. Together, the property has demonstrated solid income potential with a history of consistent rental demand. Each unit includes its own laundry, enhancing tenant convenience. Both units also benefit from dedicated yard space, providing additional livability and appeal for long-term tenants. The property offers additional upside with space to expand a parking pad in the front yard area which is an opportunity to further improve functionality and potentially increase value. Whether you’re an investor seeking reliable cash flow, or an owner-occupant looking to live in one unit while offsetting your mortgage with rental income, this duplex presents a compelling opportunity with immediate income and future upside. This property also offers a VA loan assumption for eligible VA Buyer's with entitlement available. Low gap and a rate below today's market. Inquire for details on the assumption.

Send us a message
01494271
(858) 663-6788
Location Map
799,000
631 Gregory Street, San Diego CA 92113
92113 - Logan Heights

- DRE# 01494271
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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number 01527365. All material presented herein is intended for informational purposes only and is compiled from sources deemed reliable but has not been verified. Changes in price, condition, sale or withdrawal may be made without notice. No statement is made as to accuracy of any description. All measurements and square footage are approximate.
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