*Revised income and pricing* 2926 Fifth Avenue presents a prime investment opportunity with its blend of extensively renovated and turnkey income and redevelopment potential. This fully remodeled Spanish Colonial Revival property features five units - a spacious 2-bedroom 1-bath and four 1-bedroom 1-bath all turn-key ready. The existing four garages open… Read More the door to creating additional Accessory Dwelling Units (ADUs), significantly boosting rental income and property value. Nestled in the heart of Bankers Hill, 2925-2934 Fifth Avenue offers the perfect blend of urban convenience and neighborhood charm. Residents will relish the neighborhood's historic charm and urban convenience, with Balboa Park, the San Diego Zoo, and Little Italy's vibrant scene all within walking distance. Everyday errands are a breeze with shops, cafes, and grocery stores nearby. Plus, the Uptown District's ongoing revitalization promises even more retail and dining options in the near future. This property is perfect for investors seeking both immediate cash flow and long-term growth potential in one of San Diego's most desirable locations. The subject property places you steps away from the vibrant energy of downtown San Diego, while still enjoying the leafy tranquility of Balboa Park that defines this historic community. Read Less
Listing Snapshot
Days Online
28
Last Updated
Property Type
Mixed Use
Lot Size
0.11 Acres
MLS Number
250000601SD
30 Days Snapshot Of 92103
$1,502k
+11%
(avg) sold price
26
0%
homes sold
68
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2 buildings, Construction materials: Stucco
Cooling
WallWindowUnits
Expenses
Operating expense: $47,339
Heating
WallFurnace
Income
Net operating income: $100,683
Lot
0.11 acres, 4,792 square feet, Size: 0
Parking
7 totals parking
Property
Zoning: cc-3-9
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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