Must-see three-unit property located in the highly desirable Hillcrest Complete Communities zone of San Diego! A rare combination of lot size, existing building structures, zoning, and an excellent transit location, which all combine to make this property ideal for almost all multi-unit buyers. Offering significant upside potential, the property is ideally situated within walking distance to shops, restaurants, and cafes, with easy access to downtown and major transportation corridors. The units are well-maintained with room for value-add improvements, making this a prime opportunity for investors seeking to increase rents or reposition the asset, and an incredible option of owner user/occupants where any two of the units extra rent could create a spectacular subsidy to the mortgage payment. With strong rental demand in the area and the potential for long-term appreciation, this property provides an excellent investment.
Location*Location*location****Rare***Coveted Marston Hills***Canyon Duplex ***Listed Less Than Appraised Value $920,000 To Create Urgency***335 Sq Ft Studio***Project LT Rent $2,150 Mth ***AIRBNB $3,500 Mth***& ***525 Sq Ft 1 Bedroom***LT Rent $2,350 Mth***AIRBNB $4,000 MTH***Total AIRBNB Potential Just South Of $100,000 YR***Hidden gem a secret hideaway on the canyon with features of the San Diego Zoo***Live in the treetop and enjoy the songs of native and migratory birds***Keep your camera and binoculars close to capture birds in flight hunting in the afternoon while you sit on the deck or view from your window kitchen or living space*** Yard, you'll have a yard!!! Spacious laundry with sink including lots of storage. If you love nature and the San Diego Zoo this property is a find rarely listed. Both units have spacious kitchens with views of the canyons. Gas stoves. Live upstairs and work from the downstairs office or guest space. Rent one, live in one. Space for two cars off the street. Close to all outdoor activities. Bike, Hike, swim, golf(Balboa Park Golf Course). Close to mass transit. You can get anywhere in the City from this location. Walk, bike, drive, mass transit or sit tight and just relax to the quiet serene view. Minutes to the airport. ***3637 Richmond St Adjacent SFR 2BR/2BA * 1974 Sq Ft Also For Sale/Same Owner $1,495,000, Appraised $1,735,000***Motivated Seller*** Shoulda, Coulda, Woulda, Going, Going, Gon_!
Open House:
Friday, 1/10 12:00-1:00PM
Location*Location*location****Rare***Coveted Marston Hills***Canyon Duplex ***Listed Less Than Appraised Value $920,000 To Create Urgency***335 Sq Ft Studio***Project LT Rent $2,150 Mth ***AIRBNB $3,500 Mth***& ***525 Sq Ft 1 Bedroom***LT Rent $2,350 Mth***AIRBNB $4,000 MTH***Total AIRBNB Potential Just South Of $100,000 YR***Hidden gem a secret hideaway on the canyon with features of the San Diego Zoo***Live in the treetop and enjoy the songs of native and migratory birds***Keep your camera and binoculars close to capture birds in flight hunting in the afternoon while you sit on the deck or view from your window kitchen or living space*** Yard, you'll have a yard!!! Spacious laundry with sink including lots of storage. If you love nature and the San Diego Zoo this property is a find rarely listed. Both units have spacious kitchens with views of the canyons. Gas stoves. Live upstairs and work from the downstairs office or guest space. Rent one, live in one. Space for two cars off the street. Close to all outdoor activities. Bike, Hike, swim, golf(Balboa Park Golf Course). Close to mass transit. You can get anywhere in the City from this location. Walk, bike, drive, mass transit or sit tight and just relax to the quiet serene view. Minutes to the airport. ***3637 Richmond St Adjacent SFR 2BR/2BA * 1974 Sq Ft Also For Sale/Same Owner $1,495,000, Appraised $1,735,000***Motivated Seller*** Shoulda, Coulda, Woulda, Going, Going, Gon_! Location*Location*location****Rare***Coveted Marston Hills***Canyon Duplex ***Listed Less Than Appraised Value $920,000 To Create Urgency***335 Sq Ft Studio***Project LT Rent $2,150 Mth ***AIRBNB $3,500 Mth***& ***525 Sq Ft 1 Bedroom***LT Rent $2,350 Mth***AIRBNB $4,000 MTH***Total AIRBNB Potential Just South Of $100,000 YR***Hidden gem a secret hideaway on the canyon with features of the San Diego Zoo***Live in the treetop and enjoy the songs of native and migratory birds***Keep your camera and binoculars close to capture birds in flight hunting in the afternoon while you sit on the deck or view from your window kitchen or living space*** Yard, you'll have a yard!!! Spacious laundry with sink including lots of storage. If you love nature and the San Diego Zoo this property is a find rarely listed. Both units have spacious kitchens with views of the canyons. Gas stoves. Live upstairs and work from the downstairs office or guest space. Rent one, live in one. Space for two cars off the street. Close to all outdoor activities. Bike, Hike, swim, golf(Balboa Park Golf Course). Close to mass transit. You can get anywhere in the City from this location. Walk, bike, drive, mass transit or sit tight and just relax to the quiet serene view. Minutes to the airport. ***3637 Richmond St Adjacent SFR 2BR/2BA * 1974 Sq Ft Also For Sale/Same Owner $1,495,000, Appraised $1,735,000***Motivated Seller*** Shoulda, Coulda, Woulda, Going, Going, Gon_!
Must-see three-unit property located in the highly desirable Hillcrest Complete Communities zone of San Diego! A rare combination of lot size, existing building structures, zoning, and an excellent transit location, which all combine to make this property ideal for almost all multi-unit buyers. Offering significant upside potential, the property is ideally situated within walking distance to shops, restaurants, and cafes, with easy access to downtown and major transportation corridors. The units are well-maintained with room for value-add improvements, making this a prime opportunity for investors seeking to increase rents or reposition the asset, and an incredible option of owner user/occupants where any two of the units extra rent could create a spectacular subsidy to the mortgage payment. With strong rental demand in the area and the potential for long-term appreciation, this property provides an excellent investment.
Presenting three units in the highly sought after Hillcrest/Bankers Hill neighborhood of San Diego. This meticulously maintained property comprises two buildings spanning 2,600 SF. The front building boasts a detached 1 bed/1 bath SFR with tons of natural light, original hardwood floors and private laundry. The second building houses a 2 bed/1 bath upstairs unit, overlooking a spacious 1 bed/1 bath ADU with shared laundry. Residents enjoy proximity to Balboa Park, an array of walkable amenities, and swift access to freeways and Downtown. Immerse yourself in the vibrant culture of Hillcrest, surrounded by dining, shopping, and entertainment hot spots.
Presenting three units in the highly sought after Hillcrest/Bankers Hill neighborhood of San Diego. This meticulously maintained property comprises two buildings spanning 2,600 SF. The front building boasts a detached 1 bed/1 bath SFR with tons of natural light, original hardwood floors and private laundry. The second building houses a 2 bed/1 bath upstairs unit, overlooking a spacious 1 bed/1 bath ADU with shared laundry. Residents enjoy proximity to Balboa Park, an array of walkable amenities, and swift access to freeways and Downtown. Immerse yourself in the vibrant culture of Hillcrest, surrounded by dining, shopping, and entertainment hot spots.
Don't miss this exceptional Craftsman home in the heart of Hillcrest! Blending timeless charm with thoughtful modern updates, this property radiates character. The original fireplace and hardware preserve its historic appeal, while features like the breakfast nook with vaulted ceilings in the 2-bedroom unit provide a sense of comfort and style. Ample parking and a detached garage are coveted luxuries in urban living. With multi-family zoning and the potential for additional construction, this property is a prime investment opportunity, whether for future expansion or rental income. The fully fenced, private yard offers both security and seclusion, a rarity in such a central location. Conveniently located near grocery stores, restaurants, hospitals, and with easy access to major roadways and the beach, the lifestyle benefits are undeniable. This is a rare opportunity to acquire 5 units in one of San Diego's most desirable neighborhoods—perfect for those looking to invest in both the charm and future potential of Hillcrest living.
Don't miss this exceptional Craftsman home in the heart of Hillcrest! Blending timeless charm with thoughtful modern updates, this property radiates character. The original fireplace and hardware preserve its historic appeal, while features like the breakfast nook with vaulted ceilings in the 2-bedroom unit provide a sense of comfort and style. Ample parking and a detached garage are coveted luxuries in urban living. With multi-family zoning and the potential for additional construction, this property is a prime investment opportunity, whether for future expansion or rental income. The fully fenced, private yard offers both security and seclusion, a rarity in such a central location. Conveniently located near grocery stores, restaurants, hospitals, and with easy access to major roadways and the beach, the lifestyle benefits are undeniable. This is a rare opportunity to acquire 5 units in one of San Diego's most desirable neighborhoodsâ??perfect for those looking to invest in both the charm and future potential of Hillcrest living.
This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.
Very well maintained and partially renovated fourplex ideally located in the "92103" on the boarder of Hillcrest, University Heights, and North Park. The property is 100% occupied with low operating costs and immediate rental upside. The property features a two-story front house including a 1284 SF three-bedroom with in-unit laundry downstairs and 520 SF fully renovated studio upstairs with private patio and area views. The back building features an 812 SF two-bedroom, fully renovated 263 Sf studio, laundry room, new roof, and off-street parking with ally access. Tenants pay separate utilities and landlord pays water. The property is Complete Communities Tier 3 with FAR of 6.5, ideal for future high density multifamily development. Broker is also the property owner.
Fully renovated craftsman house and one-bedroom flat with large usable lot for ADU's or high density development. Located on the boarder of North Park and Hillcrest (92103) in one of central San Diego's strongest housing markets. The property is located in an Opportunity Zone, and is Complete Communities Tier 3 with an FAR of 6.5. The base zoning is RM-3-9 (600 SF/DU). The two existing homes on site are currently rented for $3,480 and $2,050 per month. The property has proposed entitlements to build 22 additional units in the rear yard (24 units total). Proposed Building Plans are available upon request. Hillcrest is central San Diego’s premier residential neighborhood offering a vibrant urban lifestyle while still maintaining a sense of tranquility. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living. Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diego’s preeminent recreational destination. Hillcrest also feature numerous convenient thoroughfares, allowing easy access to Downtown and Mission Valley, along with Hwy 163, I-5, and I-8. As a result, Hillcrest has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development.
The median home value in San Diego, CA is $833,500. This is lower than the county median home value of $846,300. The national median home value is $338,100. The average price of homes sold in San Diego, CA is $833,500. Approximately 44.5% of San Diego homes are owned, compared to 48.82% rented, while 6.68% are vacant. San Diego real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Diego real estate agent to arrange a tour today!
San Diego, California 92103 has a population of 1,385,398. San Diego 92103 is less family-centric than the surrounding county with 32.06% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in San Diego, California 92103 is $89,457. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in San Diego 92103 is 35.4 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 11.7 inches per year, with 0 inches of snow per year.