CA > San Diego
San Diego, CA 92102,904 24th Street
San Diego, CA 92102,904 24th Street
San Diego, CA 92102,904 24th Street
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John Herkenrath

John Herkenrath

+1(310) 221-2910
$2,895,000
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250038988SD

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

Pleased to present 904-14 24th Street, an exceptional 8-unit apartment complex in the Western Slopes of San Diego's vibrant Golden Hill neighborhood. Built in 1910, this historic property offers timeless charm and substantial value-add potential, with a coveted Walk Score of 89 reflecting its pedestrian friendly location. Spanning two parcels totaling 7,609 square feet and featuring approximately 5,760 rentable square feet, the asset boasts a diverse unit mix: one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1- bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors have been thoughtfully maintained, showcasing built-in storage, vaulted ceilings, original hardwood floors, and abundant natural light from large windows. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused lot spaces between the buildings could allow for the potential construction of an ADU further increasing density and rental income. Ideally situated less than a block from Broadway, residents enjoy seamless access to Golden Hill's eclectic dining, shopping, and cultural scene, with Balboa Park and major freeways (I-5 and SR-94) just moments away. This rare offering represents a prime opportunity to acquire a stabilized, income-producing asset with significant rental growth in one of San Diego's most sought-after submarkets.

Location

State CA

County San Diego

Area 92102 - San Diego

Interior

Fireplace No

Others

Tax ID 5343831600

Virtual Tour https://www.propertypanorama.com/instaview/snd/250038988

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CRMLS – RECore
Listed by Ben Sierpina Marcus & Millichap
John Herkenrath

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

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