2522 2Nd Ave

San Diego, CA 92103

$2,799,000

List Price

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Property 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.

Listing Information

List Price $2,799,000
Status Active
MLS 240022279SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size 5,213
Structure Size N/A
Courtesy Of Starker West, Inc.
Listing Agent Adam Cairo DRE#01948040
Co-Listing Agent Seth Watje DRE#01805453

Interior Features

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Exterior Information

Maps

Listing information courtesy of: Adam Cairo, Seth Watje, Starker West, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 19th, 2024 at 7:34 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.