2522 2nd Ave, San Diego CA, 92103

Active

2522 2nd Ave

San Diego CA, 92103

$2,799,000

Active

Residential

Built in 1950

Listed by Adam Cairo with Starker West, Inc. 619-300-0173

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.

240022295SD

MLSⓇ ID

September 19, 2024

Listed

October 17, 2024

Updated

Map

2522 2nd Ave
San Diego CA, 92103

Interior Features

Total Stories: 2
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes

Exterior/Building Features

Lot Size: 0.12 Acres
Roof: Composition

Other Property Details

Area Name: 92103 - Mission Hills
Garage: No
Parking Total: 0
View: No
County: San Diego
Pool: No
Zoning: COMMERCIAL

Listing Contact: 858-867-3732

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 10/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 10/17/2024 at 12:16 PM UTC