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$2,798,000

Est. payment - /mo

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5,214 Sqft Lot

Price Dropped by $1K

2522 2nd Ave San Diego, CA 92103

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Nathan King Real Estate Group

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

UPDATED:

10/17/2024 05:07 PM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240022279SD

HOA Y/N No

Lot Size 5,214 Sqft

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

Area 92103 - Mission Hills

Interior

Fireplace No

Exterior

Total Parking Spaces 5

Others

Tax ID 5330910900

Listed by Adam Cairo • Starker West, Inc.

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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