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$3,995,000
Est. payment /mo
2 Beds
16 Baths
6,080 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 6,080 sqft
Price per Sqft $657
MLS Listing ID 260021201
Bedrooms 2
Full Baths 16
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
Melrose Apartments is a charming 16-unit community located at 2164 Second Avenue in the highly desirable Bankers Hill neighborhood of San Diego, California. Built in 1920, the property features a mix of 14 studios and two one-bedroom / one-bathroom apartments. The property has charming original character, including hardwood floors, crown molding, Mission-style curved parapet, wide hallways, and an ornate wood/glass entry. The property's classic character and original architectural details are highly appealing to renters. While the property has been well maintained, there is an opportunity for a new owner to renovate and modernize kitchens and bathrooms, providing a path to increase rents while preserving the property's character. With a 94 Walk Score, Melrose Apartments is exceptionally well positioned within one of San Diego's most walkable and desirable urban neighborhoods. Residents are surrounded by acclaimed restaurants, cafés, shops, and neighborhood services, including Mister A's, Cucina Urbana, and Azuki Sushi. Balboa Park is just four blocks away, offering 1,200 acres of gardens, museums, cultural attractions, recreational amenities, and scenic trails. Residents can also walk to Little Italy, one of San Diego's most popular dining and entertainment districts.
Location
State CA
County San Diego
Area Metro Central
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 533-172-12-00
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Listed by Eric D Comer, DRE#00842230 Eric D. Comer, Broker
Nearby School & Business
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