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Account Closed
  • San Diego, CA
3
Votes |
12
Posts

Is this duplex over priced?

Account Closed
  • San Diego, CA
Posted

550k for a duplex in south Kensington (92116). 2/2 with a studio in the back of the house. Total 1,248 sqf. Seems that the house can rent between  $2,200 - $2,500

Studio I am not sure...I'd probably do short term rental. Does this duplex seems over-priced? 

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Kevin Fox
  • Real Estate Agent
  • San Diego, CA
635
Votes |
1,112
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Kevin Fox
  • Real Estate Agent
  • San Diego, CA
Replied

Hey @Account Closed

While there is certainly a chance that this won't pencil out, notice that everyone who immediately claimed that it was overpriced resides outside of SD. They will just never learn....LOL

We have a unique market, which has to be approached uniquely as a result. Kensington is a great neighborhood, incredibly strong rental market, and offers a great deal of upside potential. If you'd like to send me the details, I'd be happy to take a look and give you an INFORMED opinion, rather than just writing it off as overpriced without really knowing. 

  • Kevin Fox
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