2328-34 2nd Ave, San Diego Downtown CA, 92101

Sold

2328-34 2nd Ave

San Diego Downtown CA, 92101

$2,100,000

$646.55 per sqft

Sold

4 Beds

4 Baths

3,248 sqft

Multi-family

Built in 1924

Major Price Reduction of 15%!!! This property is a must see. Interior Condition is above average. 3 or possible 4 units will be delivered empty at the close of escrow allowing an investor to start with a blank slate to either rent out immediately or upgrade to achieve $2800-$3000/unit in rental income. This well-maintained 4-unit Garden Style Apartment Building is located in Banker's Hill. The property is minutes from downtown San Diego and only a few blocks away from the world-renowned Balboa Park. Long-term ownership has taken excellent care of the property with little to no deferred maintenance for a new owner. The property underwent a $200,000 renovation in 2006 that included installing new electrical, plumbing, and exterior paint. All 4 units are 1 Bedroom/ 1 Bath about 813 SqFt. In the current condition, we feel confident that a new owner can rent each of the 1 BR units for around $2,700/month. Each unit offers larger-than-average floorplans for 1BRs as well as in-unit Washer & Dryer Hookups.

220022776

MLSⓇ ID

September 2, 2022

Listed

February 10, 2024

Updated

Map

2328-34 2nd Ave
San Diego Downtown CA, 92101

Interior Features

Total Stories: 2
Bedrooms: 4 Beds
Bathrooms: 4 Baths
Appliances: Range/Oven, Refrigerator, Dryer, Washer
Laundry Description: Unit 1 Hookups, Unit 2 Hookups, Unit 3 Hookups, Unit 4 Hookups
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Roof: Other

Other Property Details

Area Name: Metro Central
Days on Market: 70
Garage: Yes
Parking: Garage
View: No
County: San Diego
Pool: No
Buyer Agency Compensation: 2.25%

Listed by Marcus & Millichap, Thomas McCartin,
Listing Contact: 858-373-3100

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Data last updated 2:00 AM UTC, 2/10/2024