165 20th Street, San Diego, CA 92102

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Glen Henderson

[email protected] +1(619) 889-7646

$2,000,000

Est. payment - /mo

3 Beds

4,992 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2507257

Bedrooms 3

Lot Size 4,992 Sqft

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash,Conventional,Exchange,FHA

Property Type Res Income 2-4 Units

Property Description

Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diegos 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 garages to ADUs. Separate water meters/heaters for all units - tenants pay all utilities. Upgrades include new roofs (2016), new windows (last 34 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.

Location

State CA

County San Diego

Zoning Assessor

Direction Google Maps

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 5354240100

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

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Listed by Max Delbecq Top Gun CRE

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

165 20th Street San Diego, CA 92102

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

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