Property Detail

Description

4 Units Located in the rapidly improving neighborhood of Golden Hill. Golden Hill is one of San Diego's oldest residential neighborhoods located just a short distance to downtown. The area continues to improve with Single Family and Multi-Family Units being renovated but also a tremendous amount of nearby new development. First time on the market in several decades 2663 E Street offers an investor the opportunity to renovate the existing units to achieve market rents that are 30-40% higher. With the large lot that is mostly unused this offers a developer the opportunity to add more units without impacting the current structure. Seller is very close to having completed plans adding 2 additional dwelling units that should be essentially shovel ready upon completion. This is part of a portfolio that can be purchased individually or together. 2049 Julian Ave. 92113 (4 units plus 1 non-conforming) 2010-26 Franklin & 2617 Commercial (3 Contiguous Parcels with 2 duplexes and a vacant lot)