165 20th Street, San Diego, CA 92102

• 3 beds |
• 2 baths

Property Description

Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diegos most vibrant and rapidly growing neighborhoods. Spans two buildings on a corner lot and includes: (4) 2-bed/1-bath units, (3) 1-bed/1-bath units, (5) large 1-car garages, (5) storage units, gated courtyard, on-site laundry. Potential to convert garages to ADUs. Separate water meters/heaters for all units - tenants pay all utilities. Upgrades include new roofs (2016), new windows (last 34 years), interior improvements, various plumbing and electric upgrades, and a sewer main line replacement (15 years ago). Some upper units offer bay, bridge, and Downtown skyline views. With month-to-month tenants in place, there's an estimated 43% income upside, and the units are ready for further upgrades. The location offers easy access to Downtown San Diego, Balboa Park, Petco Park, and the Gaslamp Quarter, plus convenient public transit and freeway access.

Listing Status:

Active

Listing Office:

Top Gun CRE : 619-550-4515

Listing Agent:

Max Delbecq : 858-333-7701

MLS ID:

PTP2507257

Exterior

• Pool: N/K

Location

• HOA Amenities: 0.0
• Originating MLS: CRP
• County: San Diego

Lot

• Zoning: Assessor5354240100

Financial

• Source: CRP

This listing courtesy of Max Delbecq, Top Gun CRE