2522 2nd Ave, San Diego, CA 92103

  • $2,799,000
2522 2nd Ave, San Diego, CA 92103
For Sale

2522 2nd Ave, San Diego, CA 92103

2522 2nd Ave, San Diego, CA 92103
  • $2,799,000

Overview

Property ID: 4396216
  • Residential Income
  • Property Type
  • 1950
  • Year Built

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.

  • Address 2522 2nd Ave
  • City San Diego
  • State/county CA
  • Zip/Postal Code 92103
  • Area 92103 - Mission Hills
  • Country United States

Details

Updated on October 9, 2024 at 9:27 am
  • Property ID: 4396216
  • Price: $2,799,000
  • Land Area: 5213.00 Sqft
  • Year Built: 1950
  • Property Type: Residential Income
  • Property Status: For Sale
  • MLS#: 240022295SD
  • Office Name: STARKER WEST, INC.
  • Agent Name: Adam Cairo
  • MLS Status: Active
  • Co-Office Name: Starker West, Inc.
  • Co-Agent Name: Seth Watje
  • Agent State License: 01948040
  • Co-Agent State License: 01805453

Additional details

  • Roof: Composition
  • Cooling: None
  • County: San Diego
  • Parking: 0.00

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