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165 20th St

san diego, CA 92102

$2,000,000

    Interested? Let's Connect

    PRICE REDUCED $100K! Bring all offers. Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diego’s 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 3–4 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.

    Details

    3,982 Sq Ft

    4,992 Sq Ft Lot Size

    investment

    Built in 1966

    MLS/Listing ID PTP2507257

    7 Units

    Amenities & Features

    Community - Storm Drains

    Community - Street Lights

    Community - Sidewalks

    Community - Park

    Community - Curbs

    Community - Urban

    Common Area

    Lot - Corner Lot

    Lot - Level

    Lot - Near Public Transit

    Lot - Paved

    Lot - Street Level

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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