641 43 Morrison St

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.

This home located at 641 43 Morrison ST is currently active and has been available on pardeeproperties.com for 0 day. This property is listed at $1,095,000. It has 5 beds and 3 bathrooms. The property was built in 1946. 641 43 Morrison ST is in the San Diego community of San Diego County.

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