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Listed by Michele Nisly, DRE #02444168 • Rise Realty
$2,150,000
Est. payment /mo
New
2158 60 Balboa AVE San Diego, CA 92109
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPTP2607106
Year Built 1953
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
Excellent investor opportunity in the highly sought-after Pacific Beach area! Zoned for both commercial and residential use, this versatile four-unit property offers strong income potential and future upside. The unit mix consists of one 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and two studio units with 1 bath each. The kitchens in both the 3-bedroom and 2-bedroom units have been renovated in the last few years, and a new shower was installed in the 3-bed full bath, enhancing their appeal and rental value. Front driveway parking provides space for up to four vehicles. Three units are occupied by long-term tenants, generating immediate rental income, while one unit is leased on a month-to-month basis. Ideally located just minutes from the beach and bay, with convenient access to major freeways, shopping, dining, and coastal amenities. Residents enjoy shared laundry facilities and a charming common courtyard highlighted by a tranquil koi pond. While several upgrades have been completed, some features and finishes remain in their original condition, presenting an excellent opportunity for a new owner to implement additional updates and potentially increase rental income and overall property value. PLEASE DO NOT DISTURB TENANTS. Property will be shown upon acceptance o
Location
State CA
County San Diego
Area 92109 - Pacific Beach
Interior
Laundry Laundry Area, Other, Stacked Only
Exterior
Garage Spaces 4.0
Pool None
Others
Tax ID 4240611300
Special Listing Condition Not Applicable
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