1203 23rd St
San Diego, CA 92102

$1,749,000

Description

Presenting The JordanHouse - A beautiful Prairie-Style turn-of-the-century residence that operates as a Single Room Occupancy (SRO) investment in the strong sub-market of Golden Hill, directly adjacent to Downtown San Diego. The savvy investor will appreciate this property as a solid performing addition to their portfolio or as an ideal 1031 exchange upleg. The property is comprised of (11) single-room occupancy (SRO) rooms/units, which share common kitchen & bathrooms. All of the units are furnished by owner, and managed impeccably - Entire house & property is in excellent condition with many recent upgrades; this is a perfect turnkey investment. Upside on current rental income; potential possibility of re-positioning property as a AirBNB operation for increased return. Located in the prime area of Golden Hill, centrally located to all of San Diego's attractions. Property is within walking distance to shops, cafes, several eateries, public transit lines, and at the doorstep of downtown San Diego. Amenities: BBQ Exterior: ,

Details

MLS#190004806
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site8

Features

Story(s)0
Units11
ZoningR-4:MULTIP

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Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92102
Listing VS Median (in 92102)
Price:
$1,749,000
low | high
Med:
$532,000
100% of Average
On Site:
8
low | high
Med:
6.5
100% of Average
Listing Updated: 03/19/2019
MLS Number: 190004806
Listing Provided By:
Michael Wolf  of  Ascent Real Estate Inc
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.