130 Ivy St,San Diego, CA 92101
San Diego, CA 92101
Description
Matthews Real Estate is pleased to exclusively present the sale of 130 Ivy St. This is a 5-Unit property with (2) 2-bedrooms/1-bathroom units, (2) 1-bedroom/1-bathroom units, & one studio, in the Heart of Bankers Hill. This property is located in one of the most premier neighborhoods in San Diego. A walker’s paradise & Walk Score (95), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. This is a flexible investment opportunity to either continue to operate as long-term rentals with upside captured by turning over units and increasing rents to market (approximately 24% rental upside) or transitioning the investment to operate as short term rentals Ample Parking, with 6 off street spaces and 2 car garages. With significant improvements being made to Bankers Hill, the location is irreplaceable. It is a huge opportunity to have a long-term appreciation investment, while updating the original character of the building.
Details
| MLS # | 250025393SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 58 |
| Listing Provided By | Daniel W. Withers | Michael Kasser |
Features
| Units | 5 |
|---|---|
| Building(s) | 3 |
Interior
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
Market Activity 92101
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92101 |
| Area | 92101 San Diego Downtown |
| Listing VS Median (in 92101) | |
Price: $2,199,999 low | high Med: $529,000 On site: 58 low | high Med: 94.500000 | |
 | $2,199,999130 Ivy StSan Diego, CA 92101 |