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$1,299,000

Est. payment - /mo

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7,191 Sqft Lot

Price Dropped by $100K

2496 Island San Diego, CA 92102

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

10/20/2024 09:48 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 240020928SD

HOA Y/N No

Year Built 1908

Lot Size 7,191 Sqft

Acres 0.1651

Property Description

Don't miss out on this rare multi-family opportunity in Sherman Heights! This stately Victorian is ideally situated on an elevated, corner lot and is just waiting for a savvy buyer/investor to unlock its full potential. With existing benefits such as property tax savings (Mills Act FUNDED!) and a convenient location near downtown San Diego, this property offers many possibilities for growth and improved ROI. The current unit mix includes three two-bedroom residences and a single bedroom residence, all featuring high ceilings, efficient layouts, and plenty of natural light. Explore possibility repurpose a spacious, unfinished 3rd floor which offers sweeping views of San Diego. Lot size could promote possible addition of ADUs as well, all potentials to be explored.

Location

State CA

County San Diego

Area 92102 - San Diego

Building/Complex Name Sherman Heights

Interior

Heating Natural Gas

Cooling None

Fireplace No

Appliance Gas Water Heater

Exterior

Pool None

View Y/N Yes

Roof Type Composition

Private Pool No

Building

Lot Description Sprinkler System

Story Multi/Split

Entry Level Multi/Split

Level or Stories Multi/Split

Others

Senior Community No

Tax ID 5352421800

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Dino Morabito • Better Homes and Gardens Real Estate Napolitano & Associates

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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