Is this duplex over priced?

[Account Closed]

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? 

[Kevin Fox]

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.