2496 98 Island, San Diego

$1,399,000

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7 Beds
4 Baths
.17 Acre
0 Garage

Don't miss out on this incredible multi-family opportunity in Sherman Heights! This stately Victorian is perfectly situated on an elevated, idyllic corner lot and is just waiting for a savvy buyer/investor to unlock its full potential. With existing benefits such as property tax savings (Mills Act FUNDED!) and a convenient location near downtown San Diego, this property offers countless possibilities for growth and improved ROI. The current unit mix includes three two-bedroom residences and a single bedroom residence, all featuring high ceilings, efficient layouts, and plenty of natural light. There is great potential to improve the property while enhancing existing views all the way from the Pacific to downtown San Diego from each level AS WELL AS from the unfinished 3rd floor WHICH ALSO provides access to a potential, rooftop viewing deck. This is a unique opportunity not to be missed. Come see what this historically significant property has to offer!

Essential Information

MLS® #
240009759SD
Price
$1,399,000
Bedrooms
7
Bathrooms
4.00
Acres
0.17
Type
Residential Income
Status
Active

Community Information

Address
2496 98 Island
Area
92102 - San Diego
Subdivision
San Diego
City
San Diego
County
San Diego
Zip Code
92102
Senior Community
N

Amenities

Pool
None

Interior

Appliances
Gas Water Heater
Heating
Natural Gas
Cooling
None
Stories
Multi/Split

Exterior

Lot Description
Sprinkler System
Roof
Composition

Additional Information

Date Listed
May 3rd, 2024
Days on Market
15

Listing Details

Agent
Dino Morabito

Office

Better Homes and Gardens Real Estate Napolitano & Associates

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Buyer's Agent

Jeremiah Moersch REALTOR®

Office: 760-533-2540
Listing Agent
Dino Morabito - Better Homes and Gardens Real Estate Napolitano & Associates

Based on information from California Regional Multiple Listing Service, Inc. as of May 18th, 2024 at 1:40am 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.