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.
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
COMMERCIAL
Additional Info
Starker West, Inc.
Additional Information
: Stucco
: Two
8
2
Listing Information
646004
991630
Starker West, Inc.
662789
991630
ACTIVE
2024-09-20T02:24:24Z
sdmls
: N/K
4 Bedrooms
4 Bathrooms
517
$2,799,000
Listing ID #240022295
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 240022295
Price : $2,799,000
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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