2263-71 L Street, San Diego, 92102

Commercial - Com-Res Income For Sale

$1,925,000

Beds
Baths
Sqft
.23Acres
Built
19DOM
MLS® #: 200001080
ACTIVE, 19 Days on Market

Seven units on an over-sized lot directly in the path of progress just a few blocks from the East Village of Downtown San Diego, California. This is an irreplaceable asset that benefits from walking proximity (~700 feet) to the Walmart Neighborhood Market and light rail stop (~850 feet) with direct non-stop access to the 12th Avenue Metro Transit Station just outside the iconic Petco Park. The units consist of Six 2 bedroom 1 bath units and One 2 bedroom 2 bath unit. Currently, the unit rents range from $1,350-$1,600 per month with realistic upside to $1,750. Sherman Heights is a unique neighborhood bordering two other premier and highly desirable neighborhoods (Golden Hill and East Village Down Town). This asset is situated among many single family homes including historic Victorian homes that add to the unique charm of this sub-market. The region is expected to add 500,000 by 2050 according to SANDAG. Buyer will benefit from strong economic fundamentals supporting rent increases over time.

Essential Information

MLS® #: 200001080
Price: $1,925,000
Acres: 0.23
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 2263-71 L Street
Area: SAN DIEGO (92102)
City: San Diego
County: San Diego
State: CA
Zip Code: 92102

Amenities

Parking Spaces: 11

Interior

# of Stories: 2

Additional Information

Date Listed: January 1st, 2020
Days on Market: 19

Listing Details

Listing Office: Marcus & Millichap

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Listing information last updated on January 21st, 2020 at 1:04am PST.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2020 San Diego MLS®, Inc.

Listing information last updated on January 21st, 2020 at 1:04am PST.