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… Read More 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. Read Less
Listing Snapshot
Days Online
24
Last Updated
Property Type
Other
Lot Size
0.12 Acres
Year Built
1950
MLS Number
240022295SD
30 Days Snapshot Of 92103
$
-11%
(avg) sold price
25
-21%
homes sold
55
-24%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1950, Levels: Two, 2 stories, 1 building
Cooling
None
Fence
None
Income
Net operating income: $84,024
Lot
0.1197 acres, 5,213 square feet, Size: 5,213
Property
Zoning: COMMERCIAL
Roof
Composition
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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