1902 Market Street, San Diego, CA 92102
Commercial property
Sold February 2024
Listing Agent: Josh Browar (DRE #01824454) · Listing Office: The Browar Group · Contact: 858-414-4398 · Bought with: Ricardo Lopez · Apartment Consultants Incorporated · MLS #240000754SD · Source: CRMLS
About this commercial property
Nestled steps away from Downtown San Diego in vibrant Sherman Heights, this multifamily gem boasts an exceptional location and captivating historical charm. Positioned on a corner lot, the property showcases a distinctive Victorian design, housing six 1-bedroom/1-bathroom apartments, four studios, 4 off-street parking spaces, and 2 office spaces. The triplex and duplex configuration presents substantial potential for a 100% rental upside. There is an enticing opportunity to implement the Mills Act for significant property tax savings. For those with an eye for space and potential, consider the option to acquire the adjacent 4plex, expanding the total lot size to an impressive 15,000+ square feet (RM 1-1, CM 3-4). Seize the opportunity to invest in this historically rich Victorian corner lot multifamily property, promising substantial upside in the heart of Sherman Heights.
Listing description from the February 2024 sale, as reported to CRMLS.
Sale history