2328 34 2nd Ave, San Diego CA, 92101

Sold

2328 34 2nd Ave

San Diego CA, 92101

$2,100,000

Sold

Residential

Built in 1924

Listed by Thomas McCartin with Marcus & Millichap 858-373-3100

Major Price Reduction of 15%!!! This property is a must see. Interior Condition is above average. 3 or possible 4 units will be delivered empty at the close of escrow allowing an investor to start with a blank slate to either rent out immediately or upgrade to achieve $2800-$3000/unit in rental income. This well-maintained 4-unit Garden Style Apartment Building is located in Banker's Hill. The property is minutes from downtown San Diego and only a few blocks away from the world-renowned Balboa Park. Long-term ownership has taken excellent care of the property with little to no deferred maintenance for a new owner. The property underwent a $200,000 renovation in 2006 that included installing new electrical, plumbing, and exterior paint. All 4 units are 1 Bedroom/ 1 Bath about 813 SqFt. In the current condition, we feel confident that a new owner can rent each of the 1 BR units for around $2,700/month. Each unit offers larger-than-average floorplans for 1BRs as well as in-unit Washer & Dryer Hookups. Exterior: Wood/Stucco Number of Furnished Units: 0

220022776SD

MLSⓇ ID

September 2, 2022

Listed

March 23, 2024

Updated

Map

2328 34 2nd Ave
San Diego CA, 92101

Interior Features

Total Stories: 2
Fireplace: No
Cooling: No
Cooling Description: None
Heating: No

Exterior/Building Features

Other Property Details

Area Name: 92101 - San Diego Downtown
Days on Market: 70
Garage: No
Parking Total: 0
View: No
County: San Diego
Pool: No
Buyer Agency Compensation: 2.25%

Listing Contact: 858-373-3100

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/23/2024 at 1:41 AM UTC