San Diego, CA 92101,130 Ivy St
San Diego, CA 92101,130 Ivy St
San Diego, CA 92101,130 Ivy St
Additional details
$2,199,999
Est. payment /mo

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250025393SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

Matthews Real Estate is pleased to exclusively present the sale of 130 Ivy St. This is a 5-Unit property with (2) 2-bedrooms/1-bathroom units, (2) 1-bedroom/1-bathroom units, & one studio, in the Heart of Bankers Hill. This property is located in one of the most premier neighborhoods in San Diego. A walker's paradise & Walk Score (95), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. This is a flexible investment opportunity to either continue to operate as long-term rentals with upside captured by turning over units and increasing rents to market (approximately 24% rental upside) or transitioning the investment to operate as short term rentals Ample Parking, with 6 off street spaces and 2 car garages. With significant improvements being made to Bankers Hill, the location is irreplaceable. It is a huge opportunity to have a long-term appreciation investment, while updating the original character of the building.

Location

State CA

County San Diego

Area 92101 - San Diego Downtown

Interior

Fireplace No

Others

Tax ID 5331850600


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California Regional MLS (CRMLS)
Listed by Michael Kasser • Daniel W. Withers

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agent

Paul Ward

+1(805) 479-5004

Broker Associate | License ID: 01354001

Broker Associate License ID: 01354001

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