2760-62 Market Street

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Address: 2760-62 Market Street, San Diego, California, US
Created date: February 15, 2024
Date last updated: May 16, 2024
  • 5 Unit Value Add Opportunity in Grant Hill
  • Excellent Unit Mix – One 1Bed/1Bath & Four 2Bed/1Bath Units
  • Floor to Ceiling Interior Renovations in 2013
  • Seven Off-Street Parking Spaces, On-Site Laundry, Security Gated
  • Large Common Area, Expansive Views on Elevated Lot
  • One Mile to Downtown San Diego, Gaslamp Quarter, Petco Park

Property Description

ACRE Investment Real Estate Services proudly presents the Market Street Manor Apartments, a five unit apartment complex positioned just east of downtown San Diego in the desirable Grant Hill neighborhood. The property spans approximately 2,952 square feet and consists of one (1) one bed/one bath unit, three (3) two bed/one bath units, and one (1) detached two bed/one bath house. In 2013, the property underwent significant updates that included stucco, roof (house), windows, flooring, bathrooms, kitchens, granite countertops, and interior fixtures and appliances. This property offers substantial upside in rental income through additional renovations and more aggressive management. Tenants are afforded convenient access to Hwy 94, Golden Hill, South Park, and downtown San Diego. They will appreciate the sweeping views, inviting common areas, on-site laundry and secured parking and access. With its recent upgrades and strategic location, the Market Street Manor Apartments offer an excellent investment opportunity for savvy investors.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,600,000
No. of Units: 5
Lot Size: 0.22 Sq ft
Opportunity Zone: No
Price per unit: $320,000
Property Website Click Here
Address: 2760-62 Market Street, San Diego, CA 92102, USA
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