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.
Property Details
Price:
$2,549,000
MLS #:
240022279SD
Status:
Active
Baths:
0
Address:
2522 2nd Ave
Type:
Commercial
Subtype:
Commercial/Residential
Neighborhood:
92103missionhills
City:
San Diego
Listed Date:
Sep 19, 2024
State:
CA
ZIP:
92103
Schools
Interior
Exterior
Parking Spots
5.00
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2522 2nd Ave
San Diego, CA
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