240 W Cedar St, San Diego, CA 92101

About this commercial property

6 luxury units located in the heart of Little Italy in San Diego. Unit interiors and exterior fully renovated with high end finishes. Significant upgrades include all new windows, roof and exterior siding. The unit mix consists of four (4) studios and two (2) two bedroom/1 bath units. Tenants enjoy immediate access to all the nearby bars, upscale restaurants, coffee shops and attractions Little Italy has to offer, including the Piazza della Famiglia, a 10,000 square foot European-style piazza hosting live music, farmers markets and other local events. Significant upside on existing rents. Property located in zoning allowing for hotels - potential for short term rental operations. Buyer to verify.

Listing description from the May 2022 sale, as reported to CRMLS.

Sale history

$3,060,000

Sold May 2022 · listed $3,075,000, on market May 2022 · MLS #220011193SD · Source: CRMLS

Listing Agent: Nate Pepper · Listing Office: CBRE · Contact: 858-546-4600 · Bought with: PARISA Mojaver · Valerio Real Estate and Mortga

$610,000

Sold May 2012 · listed $700,000, on market November 2011 · MLS #110066750 · Source: CRMLS

Listing Agent: Victor Krebs · Listing Office: Colliers International · Contact: 858-455-1515 · Bought with: Out of Area Agent · Out of Area Office

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