Pending
1942 54 San Diego Avenue
San Diego CA, 92110
$3,750,000
$553.02 per sqft
Pending
6,781 sqft
Residential
Built in 1960
Listed by Maxwell Brown with Commercial Asset Advisors [email protected]
Huge $450k Price Reduction! 1942-54 San Diego Ave presents the opportunity to acquire a 14 unit multifamily asset in the rarely traded and desirable Old Town location. The asset consists of (1) Studio Unit, (11) One Bedroom units, (1) 2 Bedroom / 1 bath, and (1) 3 Bedroom / 1 Bath unit. Select units possess bay views. 8 out of the 14 units have received full interior renovations. Four units at the rear of the property are single story with small rear yards providing tenants with additional privacy. There are (5) garage spaces at the property along with an on-site laundry room. A shared central courtyard could be further improved with a BBQ and table arrangement to provide tenants with additional outdoor utility to enjoy bay views with their gatherings. The property provides tenants with incredible accessibility to the majority of San Diego's primary entertainment, employment, restaurants, highway access, and activity hotspots. The asset is within short walking distance to Downtown of Old Town and International Restaurant Row and within biking distance of Little Italy & Liberty Station. Additional primary attractions such as Mission Bay, Fiesta Island, Petco Park, Downtown Hillcrest, Balboa Park, Banker's Hill etc are all within a 10 minute drive.
PTP2404992
MLSⓇ ID
August 19, 2024
Listed
December 10, 2024
Updated
Map
1942 54 San Diego Avenue
San Diego CA, 92110
Interior Features
Total Stories
2
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.21 Acres
Lot Features
26-30 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
92110 - Old Town Sd
Days on Market
78
Garage
Yes
Garage Spaces
5
Parking Total
5
View
No
County
San Diego
Pool
No
Pool Features
None
Zoning
Multifamily
Listing History
Date | Event | Price |
---|---|---|
12/10/2024 | Pending | — |
11/6/2024 | Under contract | — |
10/11/2024 | Price change | $3,750,000 -11% |
9/24/2024 | Price change | $4,199,000 -1% |
Listing Contact: 858-360-3000
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/10/2024. 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.
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Data last updated on 12/10/2024 at 8:13 PM UTC