16
See all 16 photos
$2,549,000
Est. payment /mo
4 Beds
4 Baths
517 SqFt
Active
2522 2nd Ave San Diego, CA 92103
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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 $4,930
Subdivision San Diego
MLS Listing ID 240022295
Bedrooms 4
Full Baths 4
HOA Y/N No
Year Built 1950
Lot Size 5,213 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Value-Add investment opportunity in the prestigious Bankers Hill neighborhood is available for the first time in over 50 years. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units on a 5,213-square-foot lot, offering off-street parking, an on-site laundry facility, and a common outdoor area with resurfaced decking, enhancing tenant enjoyment. The property includes drought-tolerant landscaping and new electrical subpanels. The highly walkable location places tenants within easy reach of shops, dining, and professional offices, surrounded by new luxury developments and positioned directly in the path of future growth. With below-market rents, this property offers significant value-add potential, providing investors a prime opportunity to boost 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
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
Virtual Tour https://www.propertypanorama.com/instaview/snd/240022295
Listed by Adam Cairo • Starker West, Inc.
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