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Sold for $3,500,000 on 12/31/24
  • Listing Provided by: 

    Maxwell Brown DRE #02127395 mbrown@caacre.com,

    Commercial Asset Advisors

    Bought with: Commercial Asset Advisors
    $3,500,000

    1942-54 San Diego Ave, San Diego, CA 92110

    16beds
    14baths
    6,781sqft
    Multi Family
    Built in 1960
    -- sqft lot
    $3,476,400 Zestimate®
    $516/sqft
    $-- Estimated rent

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    What's special

    1942-54 San Diego Ave presents the opportunity to acquire a 14 unit multifamily asset in the rarely traded and desirable Old Town location. The asset consists of (1) Studio Unit, (11) One Bedroom units, (1) 2 Bedroom / 1 bath, and (1) 3 Bedroom / 1 Bath unit. Select units possess bay views. 8 out of the 14 units have received full interior renovations. Four units at the rear of the property are single story with small rear yards providing tenants with additional privacy. There are (5) garage spaces at the property along with an on-site laundry room. A shared central courtyard could be further improved with a BBQ and table arrangement to provide tenants with additional outdoor utility to enjoy bay views with their gatherings. The property provides tenants with incredible accessibility to the majority of San Diego’s primary entertainment, employment, restaurants, highway access, and activity hotspots. The asset is within short walking distance to Downtown of Old Town and International Restaurant Row and within biking distance of Little Italy & Liberty Station. Additional primary attractions such as Mission Bay, Fiesta Island, Petco Park, Downtown Hillcrest, Balboa Park, Banker’s Hill etc are all within a 10 minute drive.

    Zillow last checked: 8 hours ago

    Listing updated: January 13, 2025 at 04:52pm

    Listing Provided by:

    Maxwell Brown DRE #02127395 mbrown@caacre.com,

    Commercial Asset Advisors

    Bought with:

    Maxwell Brown, DRE #02127395

    Commercial Asset Advisors

    Source: CRMLS,MLS#: PTP2404992MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 16
    • Bathrooms: 14
    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 6,781
    • Total interior livable area: 6,781 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 5
    Features
    • Entry location: street
    • Pool features: None
    Lot
    • Size: 8,994 sqft
    • Features: 26-30 Units/Acre
    Details
    • Parcel number: 4517221900
    • Zoning: Multifamily
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • Year built: 1960

    Utilities & green energy

    • Sewer: Public Sewer

    Community & neighborhood

    Community
    • Community features: Curbs
    Location
    • Region: San Diego

    Other

    Other facts
    • Listing terms: Conventional
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    Estimated market value
    $3,476,400