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$1,870,000
Est. payment /mo
4 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 260012923
Bedrooms 4
Full Baths 4
Property Sub-Type Res Income 2-4 Units
Property Description
Located in the highly desirable Golden Hill neighborhood of San Diego, 1055 21st Street presents a rare opportunity to acquire a pride-of-ownership 4-unit apartment community in one of San Diego's fastest growing urban markets. Situated on an approximately 7,000 square foot lot, the property consists of four extensively renovated ~675 square foot 1-bedroom / 1-bathroom apartments with approved plans to add an ADU, creating immediate upside potential without sacrificing existing off-street parking. Ideally positioned just minutes from Downtown San Diego, the property offers seamless access to Interstate 5, SR-94, Interstate 15, and San Diego International Airport, making it highly attractive to tenants and investors alike. Ownership recently completed an extensive remodel designed to create a long-term low-maintenance investment. Improvements include dual-pane windows, interior and exterior paint, upgraded plumbing and electrical systems, tankless water heaters, stainless steel appliances, quartz countertops, recessed lighting, modern fixtures, new flooring, renovated bathrooms, and in-unit washer/dryers throughout. Ownership also invested over $40,000 into new furniture and décor, allowing all four units to operate as furnished rentals. Located in an ever-gentrifying neighborhood with strong appreciation potential, 1055 21st Street offers investors a turnkey multifamily opportunity with immediate ADU upside.
Location
State CA
County San Diego
Area Metro Central
Interior
Cooling Wall/Window
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Composition
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 534-266-02-00
Acceptable Financing Cal Vet, Cash, Conventional, Exchange, FHA, VA, Other/Remarks
Listing Terms Cal Vet, Cash, Conventional, Exchange, FHA, VA, Other/Remarks
Virtual Tour https://www.propertypanorama.com/instaview/snd/260012923
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Listed by Josh Browar, DRE#01824454 The Browar Group
Nearby School & Business
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