Your Chance to Own an Income-Producing 4-Unit in the Heart of Sherman Heights. Welcome to 2567–69 L Street, an exceptional opportunity to acquire a well-located multifamily property just blocks from Downtown San Diego. Perfectly positioned within walking distance to restaurants, bars, and cafés, this property combines strong current income with… Read More significant value-add potential. The property sits on a large 7,089 sq. ft. lot, offering owner occupy or investors the option to build up or add an additional unit utilizing the existing garage. Current rents are below market, presenting immediate upside in rental income. The community consists of four units across two buildings, totaling 2,468 rentable sq. ft.: One 3 bed / 1 bath unit Two 2 bed / 1 bath units One 1 bed / 1 bath non-conforming unit Select units have already been upgraded with new tile flooring in kitchens and baths, granite countertops, modern appliances, and updated cabinetry. With its prime location, large lot, and under-market rents, 2567–69 L Street is a compelling investment opportunity for both immediate cash flow and long-term growth. Read Less
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Lot Size
0.06 Acres
Year Built
2006
MLS Number
250036722SD
30 Days Snapshot Of 92102
$656k
-7%
(avg) sold price
13
+44%
homes sold
60
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 2006, Levels: MultiSplit, 2 buildings
Cooling
WallWindowUnits
Heating
Combination, NaturalGas
Income
Net operating income: $87,384
Lot
0.0567 acres, 2,468 square feet, Size: 2,468
Roof
Composition
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
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.
Confirm your time
Fill in your details and we will contact you to confirm a time.
