Huge $450k Price Reduction! 1942-54 San Diego Ave presents the opportunity to acquire a 14 unit multifamily asset in the rarely traded and desirable Old Town location. The asset consists of (1) Studio Unit, (11) One Bedroom units, (1) 2 Bedroom / 1 bath, and (1) 3 Bedroom / 1 Bath unit. Select units possess bay views. 8 out of the 14 units have received full interior renovations. Four units at the rear of the property are single story with small rear yards providing tenants with additional privacy. There are (5) garage spaces at the property along with an on-site laundry room. A shared central courtyard could be further improved with a BBQ and table arrangement to provide tenants with additional outdoor utility to enjoy bay views with their gatherings. The property provides tenants with incredible accessibility to the majority of San Diego’s primary entertainment, employment, restaurants, highway access, and activity hotspots. The asset is within short walking distance to Downtown of Old Town and International Restaurant Row and within biking distance of Little Italy &' Liberty Station. Additional primary attractions such as Mission Bay, Fiesta Island, Petco Park, Downtown Hillcrest, Balboa Park, Banker’s Hill etc are all within a 10 minute drive.
Property Details
Price:
$3,750,000
MLS #:
PTP2404992
Status:
Pending
Baths:
0
Address:
1942 San Diego Avenue
Type:
Residential Income
Neighborhood:
92110oldtownsd
City:
San Diego
Listed Date:
Aug 2, 2024
State:
CA
ZIP:
92110
Lot Size:
8,994 sqft / 0.21 acres (approx)
Year Built:
1960
See this Listing
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Schools
Interior
Exterior
Community Features
Curbs
Garage Spaces
5.00
Lot Features
26-30 Units/ Acre
Parking Spots
5.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Financial
Association Fee
0.00
Map
Community
- Address1942 San Diego Avenue San Diego CA
- Area92110 – Old Town Sd
- CitySan Diego
- CountySan Diego
- Zip Code92110
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Courtesy of Commercial Asset Advisors. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.
1942 San Diego Avenue
San Diego, CA
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