San Diego Real Estate Forum
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
Is this duplex over priced?
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?
Most Popular Reply
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.