3246 3rd Ave - Apartments FOR SALE


San Diego, CA 92103- Bankers Hill
$1,595,000 USD
619-309-9559
3246 3rd Ave, San Diego, CA for Sale
$1,595,000 USD
Apartments - FOR SALE
1/11
null | Request Cap Rate

3246 3rd Ave
San Diego, CA 92103
Bankers Hill


HIGHLIGHTS

  • Prime Bankers Hill Location, Zoning allows great potential- Current Residential 2 Units, , 100% Tenant Occupied, Front Home-Craftsman with Studio-One
  • Value Add- Potential ADU,Possible Office- Work -Live, other Commercial Uses,
  • Development Site: 5140 - Tier 2-

OVERVIEW

Nestled in the heart of Bankers Hill located in one of San Diego's most walkable and architecturally rich neighborhoods. This beautifully preserved Craftsman home delivers all the charm of original details, character finishes, and timeless craftsmanship. Gracious covered porch with room to gather. Enter home through foyer which sets the tone. Property currently serves as a two unit investment property (tenant occupied). Front house 2BR-1BA with hardwood floors and high ceilings. Washer/Dryer in Kitchen area. Second unit is a studio with a private patio. Large one car garage with long driveway to support off street parking. The current zoning unlocks flexible possibilities. Whether you are an owner- occupant seeking a lifestyle property that pays for itself, a creative professional drawn to the live-work potential, an investor building a multiunit portfolio, or a visionary buyer with an eye toward value-add. Long Term Tenants, Rents below market,

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$925 USD /SF

# OF UNITS

2

PRICE/UNIT

$797,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3244-3246 3rd Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CC-3-6

APN/PARCEL ID

452-554-41-00

ASK ABOUT THIS PROPERTY

Judy PrestonJP Equity Real Estate Corp.More Info
619-309-9559

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

Judy PrestonJP Equity Real Estate Corp.More Info
619-309-9559

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