2522 2nd Ave, San Diego, CA 92103

$2,549,000 Approx. USD 0 beds, 0 baths
4,136 sqft

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Agent Remarks

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.

Listing Details

Property type: Com-Res Income (Multi-family)

Status: PENDING

MLS# 240022279

List price is $2,549,000 Reduced by $249,000 on 2/24/2025

Price: $2,549,000

Beds: 0

Baths: 0

4,136 sqft

0.12 acres

County: San Diego

MLS area: MISSION HILLS (92103)