Residential Income For Sale – – – – Price $3,750,000 – PTP2404992
Property Description

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 Diegos 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, Bankers Hill etc are all within a 10 minute drive.

Address Map
California
San Diego
San Diego
92110
San Diego Avenue
1942
W118° 48' 48.3''
N32° 44' 43.4''
Neighborhood
Neighborhood
Additional Information
95
Appraiser
Maxwell
Brown
Commercial Asset Advisors
$0
$0
$0
$0
$0
$0
$0
7,500-10,889 sf
Old Town
Borrego springs
Fallbrook union elementary distr
Fallbrook union elementary distr
Fallbrook union high school dist
2

Residential Income For Sale

1942 San Diego Avenue, San Diego, California 92110

8,994 Sqft
$3,750,000
Listing ID #PTP2404992
Basic Details
Property Description :

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 Diegos 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, Bankers Hill etc are all within a 10 minute drive.

Status : Pending
Property Type : Residential Income
Listing Type : For Sale
Listing ID : PTP2404992
Price : $3,750,000
Lot Sq Ft : 8,994 Sqft
Style : Res income 2-4 units
Unit 2 # Bedrooms : 1
Unit 3 # Bedrooms : 2
Unit 4 # Bedrooms : 3
Unit 1 # Total Baths : 1
Unit 2 # Total Baths : 1
Unit 3 # Total Baths : 1
Unit 4 # Total Baths : 1
Agent info
Berkshire Hathaway HomeServices California Properties
6027 Paseo Delicias, Rancho Santa Fe, CA 92067
Contact Agent
Style Selector
Select the layout
Choose the theme
Preset colors
No Preset
Select the pattern