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2522 2nd Ave, San Diego, CA 92103

Commercial property

2522 2nd Ave, San Diego, CA 92103 Sold May 2025 CRMLS
$2,400,000Sold May 2025

Listing Agent: Adam Cairo (DRE #01948040) · Listing Office: Starker West, Inc. · Contact: 858-867-3732 · Bought with: Danijela Ripley · Compass · MLS #240022279SD · Source: CRMLS

8
Units
5,213 sqft
Lot Size
Commercial property
Type

About this commercial property

This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.

Listing description from the May 2025 sale, as reported to CRMLS.

Sale history

$2,400,000
Sold May 2025 · listed $2,549,000, orig. $2,799,000, on market September 2024 · MLS #240022279SD · Source: CRMLS
Listing Agent: Adam Cairo · Listing Office: Starker West, Inc. · Contact: 858-867-3732 · Bought with: Danijela Ripley · Compass
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