Active

2522 2nd Ave

Mission Hills CA, 92103

$2,549,000


$4,930.37 per sqft

Active

4 Beds

4 Baths

517 sqft

Multi-family

Built in 1950

Value-Add investment opportunity in the prestigious Bankers Hill neighborhood is available for the first time in over 50 years. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units on a 5,213-square-foot lot, offering off-street parking, an on-site laundry facility, and a common outdoor area with resurfaced decking, enhancing tenant enjoyment. The property includes drought-tolerant landscaping and new electrical subpanels. The highly walkable location places tenants within easy reach of shops, dining, and professional offices, surrounded by new luxury developments and positioned directly in the path of future growth. With below-market rents, this property offers significant value-add potential, providing investors a prime opportunity to boost rental income through targeted improvements and proactive management.

240022295

MLS ID

September 19, 2024

Listed

February 25, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

4


Full Bathrooms

4


Fireplace

No


Cooling

No


Cooling Description

None


Heating

No

Exterior/Building Features

Lot Size

0.12 Acres


Roof

Composition


Security

N/K

Other Property Details

Area Name

Metro Uptown


Days on Market

159


Garage

No


View

No


County

San Diego


Pool

No

Listing History

Date

Event

Price

2/24/2025

Price change

$2,549,000

-9%

Listed by Starker West, Inc., Adam Cairo,
Listing Contact: 619-300-0173 

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Data last updated 5:26 PM UTC, 2/25/2025

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