San Diego, CA 92102,165 20th ST
San Diego, CA 92102,165 20th ST
San Diego, CA 92102,165 20th ST
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$2,100,000
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New

165 20th ST San Diego, CA 92102

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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2507231

HOA Y/N No

Year Built 1966

Property Sub-Type Multi Family

Property Description

Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diego's most vibrant and rapidly growing neighborhoods. Spans two buildings on a corner lot and includes: (4) 2-bed/1-bath units, (3) 1-bed/1-bath units, (5) large 1-car garages, (5) storage units, gated courtyard, on-site laundry. Potential to convert garages to ADUs. Separate water meters/heaters for all units - tenants pay all utilities. Upgrades include new roofs (2016), new windows (last 3–4 years), interior improvements, various plumbing and electric upgrades, and a sewer main line replacement (15 years ago). Some upper units offer bay, bridge, and Downtown skyline views. With month-to-month tenants in place, there's an estimated 43% income upside, and units are ready for further upgrades. The location offers easy access to Downtown San Diego, Balboa Park, Petco Park, and the Gaslamp Quarter, plus convenient public transit and freeway access.

Location

State CA

County San Diego

Area 92102 - San Diego

Zoning RX-1-1 https://scoutred.

Interior

Fireplace No

Laundry Common Area

Exterior

Community Features Park

Building

Lot Description Corner Lot, Level, Near Park, Near Public Transit, Paved, Street Level

Story 2

Others

Tax ID 5354240100

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Freddie Mac, Trust Deed

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Freddie Mac, Trust Deed

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2507231


CRMLS – RECore
Listed by Max Delbecq Top Gun CRE maxd@topguncre.com

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Patrick Fossati

Patrick Fossati

Broker Associate | License ID: 01907255

+1(805) 910-0463

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165 20th ST