2140-44 1st Avenue, San Diego, CA 92101 - MLS#250018086

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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 1,675,000

Est. payment | -/mo

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$ 1,675,000

Est. payment | -/mo

Save Video Tour

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250018086

Property Description

Situated in the vibrant Bankers Hill neighborhood—an upscale, centrally located community renowned for its proximity to Down-town San Diego and Balboa Park—this property offers exception-al tenant appeal. Bankers Hill is celebrated for its walkable streets, tree-lined avenues, and convenient access to San Diego's premier dining, shopping, cultural attractions, and outdoor amenities. With a Walk Score of 95, this property provides tenants unparalleled access to an urban lifestyle while maintaining a serene, residential charm. The property comprises a desirable unit mix of four one-bedroom, one-bathroom units and one studio, catering to the demand for well-located rental housing. While it has not undergone recent ren-ovations, the building's timeless character presents an outstanding opportunity for investors to implement value-add strategies. Modernizing units or enhancing common areas could position the property to capture premium rents, aligning with the increasing demand for updated rentals in this highly sought-after area.

Location

State CA

County San Diego

Area San Diego Downtown (92101)

Building

Story 2

Others

Space Rent $99,324

Listed by Aaron Bove • Marcus & Millichap

+1(619) 302-3010

matt@homecrave.com

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2140-44 1st Avenue San Diego, CA 92101