904-14 24th Street, San Diego, CA 92102 - MLS#250038988

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Matt O'Brien

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

$ 2,895,000

Est. payment | -/mo

5 Beds

5,760 SqFt

Save Virtual Tour

$ 2,895,000

Est. payment | -/mo

Save Virtual Tour

5 Beds

5,760 SqFt

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 5,760 sqft

Price per Sqft $502

MLS Listing ID 250038988

Bedrooms 5

Property Sub-Type Com-Res Income

Property Description

Pleased to present 904-14 24th Street, an exceptional 8-unit apartment complex in the Western Slopes of San Diego's vibrant Golden Hill neighborhood. Built in 1910, this historic property offers timeless charm and substantial value-add potential, with a coveted Walk Score of 89 reflecting its pedestrian friendly location. Spanning two parcels totaling 7,609 square feet and featuring approximately 5,760 rentable square feet, the asset boasts a diverse unit mix: one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1- bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors have been thoughtfully maintained, showcasing built-in storage, vaulted ceilings, original hardwood floors, and abundant natural light from large windows. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused lot spaces between the buildings could allow for the potential construction of an ADU further increasing density and rental income. Ideally situated less than a block from Broadway, residents enjoy seamless access to Golden Hill's eclectic dining, shopping, and cultural scene, with Balboa Park and major freeways (I-5 and SR-94) just moments away. This rare offering represents a prime opportunity to acquire a stabilized, income-producing asset with significant rental growth in one of San Diego's most sought-after submarkets.

Location

State CA

County San Diego

Area Metro Central

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Others

Tax ID 534-383-16-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/250038988

Listed by Ben Sierpina Marcus & Millichap

+1(619) 302-3010

matt@homecrave.com

San Diego, CA, 92124

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904-14 24th Street San Diego, CA 92102