4731 -33 Austin Drive, San Diego, CA 92115

Property Description

Great Opportunity for Large Families or Income Generation! Welcome to this fantastic opportunity to own a versatile home in the quiet, well-established community of San Diego — just minutes from SDSU, local shops, popular restaurants, cafes, and more! This property features a main home at 4731 with 3 bedrooms and 3 bathrooms, plus a permitted JADU (Junior Accessory Dwelling Unit) at 4733, offering additional living space with 1 bedroom, 1 bathroom, a full kitchen, and a cozy living room — all with its own private entrance and address. The home is currently in rental condition and occupied by wonderful tenants, making it a perfect investment opportunity. The main house is currently generating $4,200/month, and the JADU is bringing in $2,000/month in rental income — providing excellent flexibility and long-term value. Leased solar panels help keep energy costs low. The lot offers ample space with the potential to add a new 600–800 sq ft ADU, if desired — making it ideal for expansion, multi-generational living, or maximizing rental income. Whether you're looking to offset your mortgage, create a private home office, or provide comfortable space for family and guests, this home delivers unmatched versatility. With just a little cosmetic updating and personal touch, it can easily be transformed into a true gem. Conveniently located near shopping, dining, SDSU, and more! Please note that some of the photos were taken prior to the tenants moving in, to give you an idea of how the rooms look with updated touches and arrangements