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$ 1,675,000
Est. payment | /mo
4 Beds
4 Baths
5,236 Sqft Lot
$ 1,675,000
Est. payment | /mo
4 Beds
4 Baths
5,236 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Downtown (Dt)
MLS Listing ID 260013953
Bedrooms 4
Full Baths 4
Year Built 1980
Lot Size 5,236 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
Glad to introduce for sale 2127 Front Street, a great +/-1980's-built four-plex in Bankers Hill, within walking distance (+/-3 blocks) to Little Italy, boasting tremendous potential for adding value to the (4) existing 1-bedroom/1-bathroom units (+/-730 SF each) via modernization, and/or by adding more density to the site in one way or another, on a +/-5,236 SF lot with favorable zoning. The current building is essentially two and a half stories tall, comprised of all spacious 1-bedroom/1-bathroom units of similar design, each with generous living areas, modest yet functional kitchens, quasi open floor plans, and a roomy bedroom with large walk-in closet. There are peek bay/water views currently from most units, common entry is gated with dial pad access, and there is commercial laundry equipment on site for tenants use. The parking situation at 2127 Front Street is excellent, with 5 surface off-street spaces, one of which is tandem. There is a large parking area in front, with a common area walkway/bbq area in back. Units are separately metered for gas and electricity, the roof is flat, windows have been upgraded with dual-pane vinyl, and yet unit interiors could use a refresher or a reset. There seems plenty of room to add in-unit laundry if one were so inclined. All units feature west-facing views, allowing for beautiful evening sunsets over the San Diego Bay with the thrill of planes flying overhead throughout the day, as many tourists and residents alike arrive to this fine city nearby.
Location
State CA
County San Diego
Area Metro Central
Interior
Heating Radiant
Fireplace No
Exterior
Fence Gate, Partial
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
View Bay, City, Evening Lights, Ocean
Roof Type Rolled/Hot Mop
Building
Story 2
Water Meter on Property
Level or Stories 2
Others
Senior Community No
Tax ID 533-171-05-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Joseph A Burrough, DRE#02014504 Palma Commercial
NEARBY SCHOOL & BUSINESS