17
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$2,150,000
Est. payment /mo
5,662 Sqft Lot
New
2158 60 Balboa AVE San Diego, CA 92109
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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, 1-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. PLEASE DO NOT DISTURB TENANTS. Property will be shown upon acceptance of an offer only.
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
NEARBY SCHOOL & BUSINESS
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