5
See all 5 photos
$1,675,000
Est. payment /mo
New
2140 1st Avenue San Diego, CA 92101
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UPDATED:
02/05/2025 02:35 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250018086SD
HOA Y/N No
Property Description
Situated in the vibrant Bankers Hill neighborhood—an upscale, centrally located community renowned for its proximity to Down-town San Diego and Balboa Park—this property offers exception-al tenant appeal. Bankers Hill is celebrated for its walkable streets, tree-lined avenues, and convenient access to San Diego's premier dining, shopping, cultural attractions, and outdoor amenities. With a Walk Score of 95, this property provides tenants unparalleled access to an urban lifestyle while maintaining a serene, residential charm. The property comprises a desirable unit mix of four one-bedroom, one-bathroom units and one studio, catering to the demand for well-located rental housing. While it has not undergone recent ren-ovations, the building's timeless character presents an outstanding opportunity for investors to implement value-add strategies. Modernizing units or enhancing common areas could position the property to capture premium rents, aligning with the increasing demand for updated rentals in this highly sought-after area.
Location
State CA
County San Diego
Area 92101 - San Diego Downtown
Interior
Fireplace No
Others
Tax ID 5331711100
Listed by Aaron Bove • Marcus & Millichap