2141 Front St - Apartments FOR SALE


San Diego, CA 92101- Bankers Hill
$2,100,000 USD
858-461-9910
2141 Front St, San Diego, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/14
null | 3.09% Cap Rate

2141 Front St
San Diego, CA 92101
Bankers Hill


HIGHLIGHTS

  • Prime Bankers Hill Location Near Balboa Park, Downtown, and Little Italy
  • Value-Add Investment Opportunity with Potential Rental Upside
  • Recently Renovated w/ Upgraded Electrical Systems & Interior Improvements
  • Units Feature Laminate Flooring, AC, & Select Private Outdoor Areas
  • Secure Fenced Entry with Strong Tenant Appeal
  • Attractive Price Point for Investors Seeking Growth Potential

OVERVIEW

2141 Front Street is a well-located 6-unit investment property in the highly desirable Bankers Hill neighborhood, just minutes from Balboa Park, Downtown San Diego, and Little Italy. The property consists of two separate buildings with a unit mix of two 2-bedroom/1-bath units and four studios. The property has been recently renovated with upgraded electrical systems and interior improvements, and units feature laminate flooring, air conditioning, and functional layouts. Select units offer private outdoor areas, and the property includes a secure fenced entry. This is a compelling value-add opportunity in one of San Diego’s most sought-after central locations with strong long-term rental demand.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$767 USD /SF

# OF UNITS

6

PRICE/UNIT

$350,000

CAP RATE

3.09%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

5,001 SF

ZONING

R3

APN/PARCEL ID

533-171-04

ASK ABOUT THIS PROPERTY

858-461-9910

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858-461-9910

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