Property Detail

Description

Perfect for investors looking to close a 1031 exchange or cost segregation before year end. 1919 33rd Street is a versatile duplex in South Park offering strong income potential and multiple exit strategies. The main 3-bed, 2-bath unit features 1,500 SF of light-filled space and a large deck with city and mountain views. The lower 1-bed, 1-bath unit (with optional office) has a private entrance and separate utilities, ideal for rental income or guests. A detached 2-car garage, turf yard, and completed feasibility reports for two additional ADUs add major upside. Live in one and rent the other or operate as a short-term rental with a potential 6% cap rate. Prime walkable location near Balboa Park, downtown, and South Park cafés.