2264 5th Ave - Apartments FOR SALE


San Diego, CA 92101- Bankers Hill
$3,150,000 USD
858-248-1222
2264 5th Ave, San Diego, CA for Sale
$3,150,000 USD
Apartments - FOR SALE
1/11
null | 4.81% Cap Rate

2264 5th Ave
San Diego, CA 92101
Bankers Hill


HIGHLIGHTS

  • Luxury Renovation Completed 2024
  • Large Two and Three Bedroom Units w/ Basement Storage
  • Strong In-Place Income w/ Upside
  • Prestigious Bankers Hill Location
  • Steps from World Famous Balboa Park and Fine Dining

OVERVIEW

CBRE is pleased to present Fifth & Juniper, a recently renovated six-unit property located in the prestigious Bankers Hill neighborhood of San Diego. All units feature spacious floor plans of 1,000 sf and include high-end finishes with full size washers and dryers in every unit. Units also feature large underground basements that can be used for excess storage which is an extremely rare amenity for buildings in this area and acts as a significant draw for tenants. The property sits on a corner lot totaling approximately 5,000 square feet and offers two tandem parking spots for residents. The unit mix consists of five (5) two-bedroom, one-bath units with separate office dens and one (1) three-bedroom, two-bath unit. Extensive renovations were completed in 2024 that have modernized both the unit interiors and exterior of the property. Interior upgrades include stone countertops, stainless steel appliances, new cabinetry, vinyl plank flooring and new washers and dryers. Exterior updates include all new roofs, new dual pane windows, and new exterior paint. Plumbing along with interior electrical panels and wiring have also been updated. The neighborhood of Bankers Hill is the ultimate amenity for residents of Fifth & Juniper. This prime location, bordered by Little Italy to the west and Hillcrest to the North, ensures a walkable lifestyle with proximity to numerous upscale bars and restaurants. The historical Balboa Park is located directly across the street and provides residents immediate access to many museums, gardens, and trails. Fifth & Juniper is the perfect upscale multifamily property for investors looking to preserve wealth and own in a prestigious neighborhood of San Diego.

FOR SALE DETAILS

PRICE

$3,150,000 USD

PRICE/SF

$525 USD /SF

# OF UNITS

6

PRICE/UNIT

$525,000

CAP RATE

4.81%

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1935

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

C-6

APN/PARCEL ID

533-195-10

ASK ABOUT THIS PROPERTY

Nate PepperCBREMore Info
858-248-1222

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Nate PepperCBREMore Info
858-248-1222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.