2401 2407 Island Avenue
San Diego, CA 92102
- – beds
- – baths
- – sqft
- 3,591 sqft lot
- 1908 build
- – on site
• Presenting one of the BEST Located 4 Unit Complexes in Sherman Heights • Potential of a 2 Bedroom, 2 Bath ADU on vacant portion of the lot • Great Value Add Potential • 2nd Floor Units have Views of Coronado Bridge and Downtown San Diego • Directly across the Street from Sherman Heights Elementary School • Unit Mix Two – 2 Bedroom, 1 Bath Units & Two – 1 Bedroom, 1 Bath Units • Located in Sherman Heights and Grant Hill Historic District • One of the Lowest Priced 4Plexes in Sherman Heights / Grant Hill • Projected GRM of 10 and Projected CAP rate of 6.8 Sherman Heights is a Great Place to live. Sherman Heights has easy access to downtown San Diego, and access to major highways and public transportation. Yet the lifestyle is low key. It is easy to imagine coming home to this charming neighborhood with Victorian and Craftsman-style homes and Walkable tree-lined streets. This 1908 Sherman Heights two-story apartment 4-Plex is located at the corner of 24th Street and Island Avenue. The building has a hipped roof, overhanging eaves and a boxed cornice. Each unit has a Decorative (but inoperable) Fireplace Surround. There are 2 interior staircases as well as a shared exterior staircase. The historic architecture of 2401-07 Island and its “good bones” make this fixer-upper ready to be restored to its former glory. A vacant portion of the lot allows potential adding ADUs. This is a unique investment opportunity.
Last checked:
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Last updated Nov 22, 2024
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MLS# 240024400SD —
The Building
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Year Built:1908
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# of Buildings:1
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Total Number Of Units:4
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Stories Total:2
Interior
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Levels:Two
Financial & Terms
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Disclosures:Incorporated
Location
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Directions:CrossStreet: 24th Street
The Property
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Property Type:Residential Income
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Lot Size Area:3591.0000
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Lot Size Dimensions:45 x 90
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Lot Size Acres:0.0824
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Lot Size SqFt:3591.00
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View:1
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Fencing:Partial
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Fence:Yes
Listing Agent
- Contact info:
- No listing contact info available
The Listing
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Parcel Number:5354711500
Heating & Cooling
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Heating:1
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Cooling:No
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Cooling:None
The Community
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Subdivision:San Diego
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Subdivision:San Diego
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Senior Community:No
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Neighborhood:Sherman Heights
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Park Name:Sherman Heights 4Plex
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/21/24
Nov 21, 2024
|
Pending | CRMLS_CA | $1,095,000 | |
|
11/18/24
Nov 18, 2024
|
Relisted | CRMLS_CA | $1,095,000 | |
|
10/25/24
Oct 25, 2024
|
Pending | CRMLS_CA | $1,095,000 |
