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Matt O'Brien

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

$ 2,625,000

Est. payment | -/mo

6 Beds

6 Baths

5,760 SqFt

Save

$ 2,625,000

Est. payment | -/mo

Save

6 Beds

6 Baths

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 $455

MLS Listing ID 260018357

Bedrooms 6

Full Baths 5

Half Baths 1

Lot Size 7,609 Sqft

Property Sub-Type Com-Res Income

Property Description

Presenting 904–914 24th Street, an exceptional 8-unit multifamily investment opportunity located in the highly desirable Golden Hill neighborhood of San Diego, California. Originally constructed in 1910, the property consists of three residential buildings situated on (2) adjacent corner parcels and offers approximately ±5,760 square feet of living space. Spanning two parcels totaling 7,609 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. Select units offer private balconies and yards giving tenants outdoor space seldom found in newer complexes. The asset provides stable in-place income while presenting investors with a compelling value-add opportunity. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused space between the buildings could allow for the potential construction of an ADU further increasing density and rental income.

Location

State CA

County San Diego

Area Metro Central

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Others

Senior Community No

Tax ID 534-883-16

Listed by Ben Sierpina, DRE#02062416 Marcus & Millichap

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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904-14 24th Street San Diego, CA 92102