Situated in the vibrant Bankers Hill neighborhood—an upscale, centrally located community renowned for its proximity to Down-town San Diego and Balboa Park—this property offers exception-al tenant appeal. Bankers Hill is celebrated for its walkable streets, tree-lined avenues, and convenient access to San Diego’s premier dining, shopping, cultural attractions, and outdoor amenities. With a Walk Score of 95, this property provides tenants unparalleled access to an urban lifestyle while maintaining a serene, residential charm. The property comprises a desirable unit mix of four one-bedroom, one-bathroom units and one studio, catering to the demand for well-located rental housing. While it has not undergone recent ren-ovations, the building’s timeless character presents an outstanding opportunity for investors to implement value-add strategies. Modernizing units or enhancing common areas could position the property to capture premium rents, aligning with the increasing demand for updated rentals in this highly sought-after area.
Property Details
Price:
$1,675,000
MLS #:
250018086SD
Status:
Active
Baths:
0
Address:
2140 1st Avenue
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92101sandiegodowntown
City:
San Diego
Listed Date:
Feb 3, 2025
State:
CA
ZIP:
92101
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2140 1st Avenue
San Diego, CA
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