16
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$2,798,000
Est. payment /mo
5,213 Sqft Lot
Price Dropped by $1K
2522 2nd Ave San Diego, CA 92103
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UPDATED:
10/17/2024 05:07 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240022279
Lot Size 5,213 Sqft
Acres 0.12
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 Mission Hills (92103)
Exterior
Total Parking Spaces 5
Building
Story 2
Others
Space Rent $146,904
Listed by Adam Cairo • Starker West, Inc.