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.
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
Owner options
What's special
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#: PTP2404992
Originating 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