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$ 2,500,000
Est. payment /mo
New
2926 5TH AVENUE San Diego, CA 92103
UPDATED:
01/09/2025 05:20 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250000601
Acres 0.11
Lot Dimensions 100x50
Property Description
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 Mission Hills (92103)
Zoning cc-3-9
Interior
Heating Wall
Cooling Wall/Window
Flooring Hardwood
Laundry Owned
Exterior
Exterior Feature Fully Landscaped
Parking Features Garages, Spaces
Roof Type Composition
Total Parking Spaces 7
Building
Story 2
Lot Size Range .25 Acres or less
Others
Acceptable Financing Cash, Cash to New Loan, Exchange Down, Exchange Up
Space Rent $143,940
Listing Terms Cash, Cash to New Loan, Exchange Down, Exchange Up
Listed by Aziz Zakkout • Zakkout Real Estate Services