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  • $1,299,000

    2496 Island Ave, San Diego, CA 92102

    7beds
    --sqft
    Res Income 2-4 Units
    Built in 1908
    -- sqft lot
    $1,307,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Don't miss out on this rare multi-family opportunity in Sherman Heights! This stately Victorian is ideally situated on an elevated, corner lot and is just waiting for a savvy buyer/investor to unlock its full potential. With existing benefits such as property tax savings (Mills Act FUNDED!) and a convenient location near downtown San Diego, this property offers many possibilities for growth and improved ROI. The current unit mix includes three two-bedroom residences and a single bedroom residence, all featuring high ceilings, efficient layouts, and plenty of natural light. Explore possibility repurpose a spacious, unfinished 3rd floor which offers sweeping views of San Diego. Lot size could promote possible addition of ADUs as well, all potentials to be explored.

    Zillow last checked: 7 hours ago

    Listing updated: January 27, 2025 at 06:35pm

    Listed by:

    Dino Morabito 01415017 1,

    Better Homes and Gardens Real Estate Napolitano & Associates,

    Bretton Molenaar DRE# 02026840 757-293-8536,

    Better Homes and Gardens Real Estate Napolitano & Associates

    Bought with:

    Syncletica Maestas, DRE# 01923315

    eXp Realty of California, Inc.

    Source: SDMLS,MLS#: 240020928MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Gravity, Natural Gas
    Appliances
    • Included: Gas Water Heater, Dishwasher, Range/Oven, Refrigerator
    • Laundry: Unit 1 Common Laundry Hookup, Unit 2 Common Laundry Hookup, Unit 3 Common Laundry Hookup, Unit 4 Common Laundry Hookup
    Features
    • Cable (coaxial)
    • Has fireplace: No

    Property

    Parking
    • Details: RV Parking: Other/Remarks
    Features
    • Levels: Other/Remarks
    • Fencing: Other/Remarks
    • Has view: Yes
    • View description: City, Other/Remarks
    • Frontage type: Other/Remarks
    • Frontage length: 75
    Lot
    • Size: 7,192 sqft
    • Dimensions: 75 x 95
    • Features: Corner Lot
    • Topography: Other/Remarks
    Details
    • Parcel number: 5352421800

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Res Income 2-4 Units
    Materials
    • Wood Siding
    • Roof: Composition
    Condition
    • Year built: 1908

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Location
    • Region: San Diego
    • Subdivision: Sherman Heights

    HOA & financial

    Other financial information
    • Total actual rent: 3773

    Other

    Other facts
    • Listing agreement: Exclusive Right (R)
    • Listing terms: Cash,Conventional
    Services availability
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    Estimated market value

    $1,307,100