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.
PropertiesMorgan Scott2024-05-10T12:24:32+00:00
Property Description
Features
: None
: None
Address Map
US
CA
SD
Mission Hills
San Diego
92103
2nd Ave
2522
W118° 50' 12''
N32° 43' 54.6''
Metro Uptown
Additional Info
Starker West, Inc.
Additional Information
: Stucco
: Two
8
2
https://www.propertypanorama.com/instaview/snd/240022295
Listing Information
646004
991630
Starker West, Inc.
662789
991630
ACTIVE
2025-03-27T17:02:05Z
sdmls
: N/K
4 Bedrooms
4 Bathrooms
517
$2,549,000
Listing ID #240022295
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240022295
Price : $2,549,000
Bedrooms : 4
Bathrooms : 4
Square Footage : 517
Year Built : 1950
Lot Area : 0.12 Acre
Status : Active
Full Bathrooms : 4
Property Sub Type : Multi Family
Roof : Composition
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