Property Detail

2522 2nd Ave

San Diego CA 92103

$2,798,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Adam Cairo of Starker West, Inc.. Last updated 2024-11-23 10:16:24.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
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