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$ 2,150,000
Est. payment /mo
New
2158 60 Balboa AVE San Diego, CA 92109
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2607106
HOA Y/N No
Year Built 1953
Lot Size 5,662 Sqft
Property Description
Excellent investor opportunity in the highly sought-after Pacific Beach area! Zoned for both commercial and residential use, this versatile four-unit property offers strong income potential and future upside. The unit mix consists of one 3-bedroom, 2-bath unit, one 2-bedroom, 3-bath unit, and two studio units with 1 bath each. The kitchens in both the 3-bedroom and 2-bedroom units have been renovated in the last few years, and a new shower was installed in the 3-bed full bath, enhancing their appeal and rental value. Front driveway parking provides space for up to four vehicles. Three units are occupied by long-term tenants, generating immediate rental income, while one unit is leased on a month-to-month basis. Ideally located just minutes from the beach and bay, with convenient access to major freeways, shopping, dining, and coastal amenities. Residents enjoy shared laundry facilities and a charming common courtyard highlighted by a tranquil koi pond. While several upgrades have been completed, some features and finishes remain in their original condition, presenting an excellent opportunity for a new owner to implement additional updates and potentially increase rental income and overall property value.
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Zoning COMMERCIAL RESIDENTIAL
Interior
Fireplace No
Laundry Common Area, Inside, Stacked
Exterior
Pool None
Community Features Curbs, Gutter(s), Sidewalks, Park
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Lot Description Near Park, Near Public Transit
Story 2
Sewer Public Sewer
Others
Senior Community No
Tax ID 4240611300
Energy Description 1461.0
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Special Listing Condition Standard
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607106
Listed by Michele Nisly Rise Realty 619-701-4172, DRE #02444168
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