2328-34 2nd Ave

San Diego Downtown, CA, 92101

$2,250,000

$692 per ft²
$2,250,000
$692 per ft²
Pending
Pending
 - For Sale
beds
4 Beds
baths
4 Baths
carpenters-square
3,248 ft²
property_type
Multi-family
calendar
Built 1924
Major Price Reduction of 15%!!! This property is a must see. Interior Condition is above average. 3 or possible 4 units will be delivered empty at the close of escrow allowing an investor to start with a blank slate to either rent out immediately or upgrade to achieve $2800-$3000/unit in rental income. This well-maintained 4-unit Garden Style Apartment Building is located in Banker’s Hill. The property is minutes from downtown San Diego and only a few blocks away from the world-renowned Balboa Park. Long-term ownership has taken excellent care of the property with little to no deferred maintenance for a new owner. The property underwent a $200,000 renovation in 2006 that included installing new electrical, plumbing, and exterior paint. All 4 units are 1 Bedroom/ 1 Bath about 813 SqFt. In the current condition, we feel confident that a new owner can rent each of the 1 BR units for around $2,700/month. Each unit offers larger-than-average floorplans for 1BRs as well as in-unit Washer & Dryer Hookups.
MLS® ID:
220022776
Listed:
9/1/22
Updated:
11/26/22

Interior Features

Kitchen Appliances
Range/Oven, Refrigerator, Dryer, Washer
Total Bedrooms
4
Full Bathrooms
4
Laundry Description
Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Cooling
None

Exterior/Building Features

Roof
Other

Other Property Details

Area Name
Metro Central
Garage
Yes
Parking
Garage
View
N
County
San Diego
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
11/14/22
Pending
-
-
11/1/22
Price Change
$2,250,000
-14%

Courtesy of Marcus & Millichap, Thomas McCartin,
Listing Contact: 858-373-3100 

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Data last updated 8:56 AM UTC, 11/26/22

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