2522 2nd Ave, SAN DIEGO Property Listing: MLS® #240022295

This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.

2522 2nd Ave, SAN DIEGO Property Listing: MLS® #240022295 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: 240022295
  • 2522 2nd Ave
  • SAN DIEGO, CA 92103
  • $2,799,000
  • 4 Bath, 0.12 Acres
  • Office: Starker West, Inc.

This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.

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Essential Information

  • MLS® #240022295
  • Listing Price$2,799,000
  • Original Listing Price$2,799,000
  • Date ListedSeptember 19th, 2024
  • Bathrooms4.00
  • Acres0.12
  • Lot Sq.Ft.5,213
  • Year Built1950
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0

Community Information

  • Address2522 2nd Ave
  • AreaMISSION HILLS (92103)
  • ComplexBankers Hill
  • SubdivisionBankers Hill
  • CitySAN DIEGO
  • CountySan Diego
  • StateCA
  • Zip Code92103

Interior

  • CoolingN/K
  • # of Stories2

Exterior

  • ExteriorWood/Stucco
  • RoofComposition
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Listing information last updated on November 26th, 2024 at 11:53pm PST.