Multifamily
2663 E St
2663 E St, San Diego, CA 92102
Listing Price: $1,335,000
Investment Overview
2663 E Street is a 4 unit Garden Style Apartment Building located in Golden Hill which is one of San Diego's Most Desirable Rental Markets for young Professionals seeking Urban Living. Golden Hill is an Urban Historic Neighborhood known for panoramic downtown views. Each street is lined with multi million dollar homes along side smaller garden style apartment units like the Subject Property. Tenants enjoy the convenience of being walking distance to Balboa Park, Downtown San Diego as well as a variety of restaurants, bars, markets and coffee shops. In addition tenants with young children enjoy the convenience of several elementary, middle & high schools being very close by.
2663 E Street includes Three 1BR/1Bath & 1 Studio Unit. Long term ownership has done an excellent job in maintaining the property but have not kept pace with the rapidly rising rental market. Rents are easily 35% below market which offers immediate upside.
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Listing Price: $1,335,000
Investment Highlights
- Prime Golden Hill Location
- Tremendous upside in rents with current rents 35% below comparable renovated units
- .16 ACRE Lot with Development Potential - Final Plans Near Completion to Add 2 Units
- Plenty of Off Street Parking
Investment Overview
2663 E Street is a 4 unit Garden Style Apartment Building located in Golden Hill which is one of San Diego's Most Desirable Rental Markets for young Professionals seeking Urban Living. Golden Hill is an Urban Historic Neighborhood known for panoramic downtown views. Each street is lined with multi million dollar homes along side smaller garden style apartment units like the Subject Property. Tenants enjoy the convenience of being walking distance to Balboa Park, Downtown San Diego as well as a variety of restaurants, bars, markets and coffee shops. In addition tenants with young children enjoy the convenience of several elementary, middle & high schools being very close by. 2663 E Street includes Three 1BR/1Bath & 1 Studio Unit. Long term ownership has done an excellent job in maintaining the property but have not kept pace with the rapidly rising rental market. Rents are easily 35% below market which offers immediate upside.
Exclusively Listed By
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