59
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$2,089,000
Est. payment /mo
6 Beds
4 Baths
Price Dropped by $110K
130 Ivy St San Diego, CA 92101
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision San Diego
MLS Listing ID 250027938
Bedrooms 6
Full Baths 4
Year Built 1928
Property Sub-Type Res Income 2-4 Units
Property Description
PRICE ADJUSTMENT! 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 Metro Central
Interior
Fireplace No
Exterior
Fence Other/Remarks
View Y/N No
Roof Type Other/Remarks
Building
Story 2
Level or Stories 2
Others
Tax ID 533-185-06-00
Special Listing Condition Call Agent
Virtual Tour https://www.propertypanorama.com/instaview/snd/250027938
Listed by Michael G Kasser Daniel W. Withers
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