San Diego, CA 92103,2522 2nd Ave
San Diego, CA 92103,2522 2nd Ave
San Diego, CA 92103,2522 2nd Ave
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$2,799,000
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5,214 Sqft Lot
Active

2522 2nd Ave San Diego, CA 92103

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UPDATED:

09/30/2024 06:03 PM

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 240022295SD

HOA Y/N No

Year Built 1950

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

Building/Complex Name Bankers Hill

Zoning COMMERCIAL

Interior

Cooling None

Fireplace No

Exterior

Fence None

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 5330910900

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


California Regional MLS (CRMLS)
Listed by Adam Cairo • Starker West, Inc.

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Dave Dennis

Agent | License ID: 01343870

+1(619) 987-9484

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2522 2nd Ave