2522 2nd Ave, San Diego, CA 92103

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Glen Henderson

[email protected] +1(619) 889-7646

$2,799,000

Est. payment - /mo

4 Beds

4 Baths

517 SqFt

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UPDATED:

09/20/2024 02:32 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 517 sqft

Price per Sqft $5,413

Subdivision San Diego

MLS Listing ID 240022295

Bedrooms 4

Full Baths 4

HOA Y/N No

Year Built 1950

Lot Size 5,213 Sqft

Type of Financing Cash,Conventional

Property Description

This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.

Location

State CA

County San Diego

Community San Diego

Area Mission Hills (92103)

Building/Complex Name Bankers Hill

Zoning COMMERCIAL

Exterior

Exterior Feature Wood/Stucco

Roof Type Composition

Building

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional

Space Rent $1,524

Listing Terms Cash, Conventional

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Listed by Adam Cairo • Starker West, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities