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$ 2,000,000
$ 2,400,000 16.7%
Est. payment /mo
Sold on 02/18/2025
2926 5TH AVENUE San Diego, CA 92103
4,791 Sqft Lot
UPDATED:
Key Details
Sold Price $2,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250000601SD
Lot Size 4,791 Sqft
Property Sub-Type Mixed Use
Property Description
*Revised income and pricing* 2926 Fifth Avenue presents a prime investment opportunity with its blend of extensively renovated and turnkey income and redevelopment potential. This fully remodeled Spanish Colonial Revival property features five units - a spacious 2-bedroom 1-bath and four 1-bedroom 1-bath all turn-key ready. The existing four garages open the door to creating additional Accessory Dwelling Units (ADUs), significantly boosting rental income and property value. Nestled in the heart of Bankers Hill, 2925-2934 Fifth Avenue offers the perfect blend of urban convenience and neighborhood charm. Residents will relish the neighborhood's historic charm and urban convenience, with Balboa Park, the San Diego Zoo, and Little Italy's vibrant scene all within walking distance. Everyday errands are a breeze with shops, cafes, and grocery stores nearby. Plus, the Uptown District's ongoing revitalization promises even more retail and dining options in the near future. This property is perfect for investors seeking both immediate cash flow and long-term growth potential in one of San Diego's most desirable locations. The subject property places you steps away from the vibrant energy of downtown San Diego, while still enjoying the leafy tranquility of Balboa Park that defines this historic community.
Location
State CA
County San Diego
Area 92103 - Mission Hills
Zoning cc-3-9
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Exterior
Roof Type Composition
Others
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Listed by Aziz Zakkout • Zakkout Real Estate Services
Bought with Aziz Zakkout • Zakkout Real Estate Services
Bought with Aziz Zakkout • Zakkout Real Estate Services