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$4,890,000
Est. payment /mo
3,750 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $1,304
MLS Listing ID 260013332
Lot Size 5,598 Sqft
Property Sub-Type Com-Res Income
Property Description
Incredibly rare mixed-use trophy property located at the corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A's, and surrounded by some of San Diego's most iconic historic homes. Situated on a prime corner lot with dual street frontage, this exceptional asset offers strong in-place income, pride of ownership, and long-term investment potential in one of San Diego's most desirable neighborhoods. The property consists of five units, including a professional office space and four residential units. The front corner office, designed to resemble a classic historic home, is leased under a long-term agreement with annual rent increases. The residential units have been extensively remodeled and professionally designed, creating a turnkey investment with strong rental appeal. Two units were completely rebuilt from the ground up in 2024. Major capital improvements include all-new electrical, plumbing, insulation, HVAC systems, electrical meters, and a state-of-the-art fire sprinkler system throughout. Several units feature upgraded kitchens, designer finishes, modern flooring, and remodeled bathrooms. The upper unit enjoys bay and city views, while tenants share a beautifully landscaped courtyard. Mixed-use zoning provides flexibility for investors or owner-users. Ideally located near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city's best dining and cultural attractions, this is a rare opportunity to acquire a fully upgraded mixed-use asset in one of San Diego's premier neighborhoods.
Location
State CA
County San Diego
Area Metro Uptown
Zoning COMMERCIAL
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 452-705-04-00
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Listed by Nathan Abbo, DRE#01513883 Coldwell Banker West
Nearby School & Business
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