Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diego’s most vibrant and rapidly growing neighborhoods. Spans two buildings on a corner lot and includes: (4) 2-bed/1-bath units, (3) 1-bed/1-bath units, (5) large 1-car garages, (5) storage units, gated courtyard, on-site laundry. Potential to convert… Read More garages to ADUs. Separate water meters/heaters for all units - tenants pay all utilities. Upgrades include new roofs (2016), new windows (last 3–4 years), interior improvements, various plumbing and electric upgrades, and a sewer main line replacement (15 years ago). Some upper units offer bay, bridge, and Downtown skyline views. With month-to-month tenants in place, there's an estimated 43% income upside, and the units are ready for further upgrades. The location offers easy access to Downtown San Diego, Balboa Park, Petco Park, and the Gaslamp Quarter, plus convenient public transit and freeway access. Read Less
Listing Snapshot
Days Online
25
Last Updated
Property Type
Other
Lot Size
0.11 Acres
Year Built
1966
MLS Number
PTP2507257
30 Days Snapshot Of 92102
$954k
0%
(avg) sold price
13
0%
homes sold
106
+85%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1966, Building area total: 3,982, 2 buildings, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Curbs, Park, StormDrains, StreetLights, Sidewalks, Urban
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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