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$1,250,000
Est. payment /mo
4 Beds
4 Baths
4,254 Sqft Lot
UPDATED:
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 260012376
Bedrooms 4
Full Baths 3
Half Baths 1
Year Built 1920
Lot Size 4,254 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
We are pleased to present 572 21st Street, a fully restored 3-unit property located in the evolving Sherman Heights neighborhood of San Diego, just east of Downtown. Situated on a 4,254 square foot lot, the property consists of a two-story building totaling approximately 2,145 rentable square feet, offering a unique opportunity ideally suited for an owner-occupant, with additional appeal to investors. The property features one (1) three-bedroom / 1.5-bath unit (NEWLY VACANT), one (1) one-bedroom / one-bath unit, and one (1) studio loft, providing a flexible layout ideal for an owner-occupant seeking to live in the primary residence while offsetting expenses through income generated from the remaining units. The three-bedroom unit is currently vacant, allowing for immediate occupancy, and is well-suited for personal use, livework, or potential office space. The additional units offer income potential through traditional leasing or short-term rental (subject to local regulations). The property's configuration may also lend itself to alternative residential use scenarios (buyer to verify). The property may also qualify for residential 2–4 unit financing, allowing buyers access to 30-year fixed-rate loan options (rates subject to market conditions and buyer qualification). Originally constructed in a historic Victorian architectural style, the property has been extensively renovated, including upgrades to plumbing, electrical systems, drywall, and partial foundation improvements, resulting in a well-maintained asset with limited deferred maintenance.
Location
State CA
County San Diego
Community Gated Community
Area Metro Central
Interior
Heating Wall/Gravity
Cooling Wall/Window
Fireplace No
Exterior
Fence Gate
Utilities Available Sewer Connected
View Y/N Yes
Water Access Desc Meter on Property
View Bay, City
Roof Type Composition
Building
Story 2
Water Meter on Property
Level or Stories 2
Others
Senior Community No
Tax ID 535-214-15-00
Acceptable Financing Conventional
Listing Terms Conventional
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Listed by Conor M Brennan, DRE#01918598 Conor Brennan, Broker
Nearby School & Business
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