2547 Commercial Street, San Diego
$1,600,000MLS® # PTP2400556
$1,299,000
Click the arrows next to the image to browse our photo gallery for this property.
Just minutes from Downtown San Diego, this property consists of newly renovated, two revenue generating buildings: a 5 unit SRO structure at 3102 National Ave and 1 single-family residence at 927 S 31st St. Additional opportunity for adding dwelling units, ADU, tiny homes, or RV on the lot The 5 unit building consists of 2 studios and 3 junior one-bedroom units that are fully occupied and furnished. The 2 studios rent for $1,650+ while the 3 one bedroom units rents for an average of $1,950. The owner has entered into an arrangement with programs funded by the City and Country, whereby the programs pay the majority of tenant’s rent. This guarantees consistent monthly income for new ownership. The detached single-family residence is a 950 square foot, 2-bedroom, 1-bathroom home currently leasing at $2,399 per month. Contact ppatel@dpalaw.com or 619-851-5368 for additional information.
MLS® # PTP2400556
Based on information from California Regional Multiple Listing Service, Inc. as of May 17th, 2024 at 12:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.