Glad to introduce for sale 2127 Front Street, a great +/-1980's-built four-plex in Bankers Hill, within walking distance (+/-3 blocks) to Little Italy, boasting tremendous potential for adding value to the (4) existing 1-bedroom/1-bathroom units (+/-730 SF each) via modernization, and/or by adding more density to the site in one… Read More way or another, on a +/-5,236 SF lot with favorable zoning. The current building is essentially two and a half stories tall, comprised of all spacious 1-bedroom/1-bathroom units of similar design, each with generous living areas, modest yet functional kitchens, quasi open floor plans, and a roomy bedroom with large walk-in closet. There are peek bay/water views currently from most units, common entry is gated with dial pad access, and there is commercial laundry equipment on site for tenants use. The parking situation at 2127 Front Street is excellent, with 5 surface off-street spaces, one of which is tandem. There is a large parking area in front, with a common area walkway/bbq area in back. Units are separately metered for gas and electricity, the roof is flat, windows have been upgraded with dual-pane vinyl, and yet unit interiors could use a refresher or a reset. There seems plenty of room to add in-unit laundry if one were so inclined. All units feature west-facing views, allowing for beautiful evening sunsets over the San Diego Bay with the thrill of planes flying overhead throughout the day, as many tourists and residents alike arrive to this fine city nearby. Read Less
Property listed by Palma Commercial, Joseph Burrough 858-352-6742
Listing Snapshot
Days Online
4
Last Updated
Lot Size
0.12 Acres
Year Built
1980
MLS Number
260013953SD
Additional Details
Appliances & Equipment
GasWaterHeater
Building
Built in 1980, 1 building, 2 stories, Levels: Two
Community
Park Name: NA
Cooling
None
Fence
Partial
Heating
Electric, Radiant
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $99,240, Net Operating Income: $58,906
Lot
0.1202 acres
Property
Bay, Ocean
Roof
RolledHotMop
Taxes
Parcel Number: 5331710500
Tenant Pays
Electricity, Gas
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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