2567 69 L Street, Golden Hill, CA 92102

$1,298,000

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List Price
$1,298,000
Price Change
▼ $20,000 1775859161
Status
ACTIVE
MLS#
260001464SD
Year Built
2006
Days on Market
191
Property Type
Multifamily
Stories
Multi Level
Neighborhood
San Diego

Property Description

Your Chance to Own an Income-Producing 4-Unit in the Heart of Sherman Heights. Welcome to 2567–69 L Street, an exceptional opportunity to acquire a well-located multifamily property just blocks from Downtown San Diego. Perfectly positioned within walking distance to restaurants, bars, and cafés, this property combines strong current income with significant value-add potential. The property sits on a large 7,089 sq. ft. lot, offering owner occupy or investors the option to build up or add an additional unit utilizing the existing garage. Current rents are below market, presenting immediate upside in rental income. The community consists of four units across two buildings, totaling 2,468 rentable sq. ft.: One 3 bed / 1 bath unit Two 2 bed / 1 bath units One 1 bed / 1 bath non-conforming unit Select units have already been upgraded with new tile flooring and new kitchen. Walkable neighborhood to downtown, staple restaurants like Turf Club and other fun bars and restaurants.

Additional Information

Appliances
Gas Water Heater
Pool Description
None
Heat
Baseboard, Combination
Cooling
Yes
Cooling Description
Central Air, Wall/Window Unit(s)
View
None
Roof
Composition
Attached Structure
Detached
Number Of Units Total
4
Gross Scheduled Income
$90,984

Listing courtesy of Listing Agent: Hannah Kuhami (hannah@zealpropertygroup.net) from Listing Office: Zeal Property Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.