2522 2nd Avenue

San Diego, CA 92103

$2,799,000
Price
4
Beds
4
Baths
517 Sq. Ft.
$5,414 / Sq. Ft.
517
Sq. Ft.
$5,414
per Sq. Ft.

Description

This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments,...This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.
  1. Listed by Adam Cairo • DRE #01948040 • Brokerage DRE #02172966 • Starker West, Inc.
  2. Listed by Seth R Watje • DRE #01805453 • Brokerage DRE #02172966 • Starker West, Inc.

Property Details for 2522 2nd Avenue

Area
Mission Hills (92103)
Neighborhood
Bankers Hill
Community
SAN DIEGO
City Postal ID
MISSION HILLS (92103)
Cross Street(s)
Laurel St
LISTING UPDATED: 09/19/2024 07:32 PM

Property Details for 2522 2nd Avenue

StatusActive
MLS #240022295
Days on Market92
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.12 AC / 5,227 SF
CountySan Diego County

Building Information for 2522 2nd Avenue

Stories2Residences-Year Built1950Building Size-Lot Size0.12 AC / 5,227 SF

Property Information for 2522 2nd Avenue

Summary Information
Property and Location
  • System ID: 240022295
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Year Built: 1950
  • Street Number Numeric: 2522
  • Street Name: 2nd Ave
  • Map Coordinates: 1289A1
  • Age Restrictions: N/K
  • Market Area: Metro Uptown
HOA and Fees
  • Monthly Total Fees: $0
  • CFD/Mello-Roos Fee: $0
  • Other Fees: $0
Interior and Exterior Features
Interior Features
  • Num of Units w/Dishwashers: 0
  • Num of Units w/Cooling: 0
  • Cooling: None
Exterior Features
  • Exterior: Wood/Stucco
  • Roof: Composition
  • Fencing: N/K
  • Security: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: Yes
  • Lot Size: 4,000-7,499 SF
  • Lot Size Source: Assessor Record
  • Zoning: COMMERCIAL
  • Complex/Park: Bankers Hill
  • Assessors Parcel Num: 533-091-09-00
Multi Family Information
Unit 1
  • Unit Num for Unit 1: a
  • Unit 1 Num of Bedrooms: 1
  • Unit 1 Num of Total Baths: 1
  • Unit 1 Deposit: $0
  • Unit 1 Estimated SqFt: 517
  • Unit 1 Exclusive Use Yard: No
  • Unit 1 Laundry Hook Ups: Common
  • Unit 1 Occupied: Tenant
  • Unit 1 Projected Rent: $0
  • Unit 1 Rent Actual: $1,524
Unit 2
  • Unit 2 Num of Bedrooms: 1
  • Unit 2 Num of Total Baths: 1
  • Unit 2 Deposit: $0
  • Unit 2 Exclusive Use Yard: No
  • Unit 2 Laundry Hook Ups: Common
  • Unit 2 Occupied: Tenant
  • Unit 2 Rent Actual: $1,524
Unit 3
  • Unit 3 Num of Bedrooms: 1
  • Unit 3 Num of Total Baths: 1
  • Unit 3 Deposit: $0
  • Unit 3 Exclusive Use Yard: No
  • Unit 3 Laundry Hook Ups: No
  • Unit 3 Occupied: Tenant
  • Unit 3 Rent Actual: $1,524
Unit 4
  • Unit 4 Num of Bedrooms: 1
  • Unit 4 Num of Total Baths: 1
  • Unit 4 Deposit: $0
  • Unit 4 Exclusive Use Yard: No
  • Unit 4 Laundry Hook Ups: Common
  • Unit 4 Occupied: Tenant
  • Unit 4 Rent Actual: $15,224

Property History for 2522 2nd Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2522 2nd Avenue

Taxable ValueLand$94,597Additions$160,996Total$255,593
Tax Record2017$2,978 ($248 / month)
Home Facts
Lot Size5,000 SqFtStyleMulti-Family Res (5+ Units)ZoningCCountySAN DIEGOAPN5330910900

Schools near 2522 2nd Avenue

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Charter - 9 to 12
Charter - K to 8
Rating
School
Distance
Florence Elementary School
PublicK to 5

Roosevelt International Middle School
Public6 to 8

King-Chavez Community High School
Charter9 to 12

Museum
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2522 2nd Avenue is a multi-family home for sale in San Diego, CA 92103. This property was listed for sale on September 19, 2024 by Starker West, Inc., it's currently listed at $2,799,000. This listing's school district is San Diego Unified School District. Nearby schools include Florence Elementary School, Roosevelt International Middle School and King-Chavez Community High School. 2522 2nd Avenue is a 4-bed, 4-bath, 517 sqft multi-family home built in 1950.

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Listing Courtesy of Starker West, Inc., Adam Cairo, DRE #01948040; Starker West, Inc., Seth R Watje, DRE #01805453

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