Sold for $1,040,000

$1,040,000

2401 Island Ave #2407, San Diego, CA 92102

6beds

--sqft

Multi Family

Built in 1908

-- sqft lot

$1,107,000 Zestimate^®

$--/sqft

$2,627 Estimated rent

Home value

$1,107,000

$1.01M - $1.22M

$2,627/mo

Zestimate^® history

Owner options

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$2,627/mo

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$2,627/mo

Rent Zestimate^®

Refinance and save

$6,578/mo

Est. payment

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$6,578/mo

Est. payment

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What's special

Interior staircases

• Presenting one of the BEST Located 4 Unit Complexes in Sherman Heights • Potential of a 2 Bedroom, 2 Bath ADU on vacant portion of the lot • Great Value Add Potential • 2nd Floor Units have Views of Coronado Bridge and Downtown San Diego • Directly across the Street from Sherman Heights Elementary School • Unit Mix Two – 2 Bedroom, 1 Bath Units & Two – 1 Bedroom, 1 Bath Units • Located in Sherman Heights and Grant Hill Historic District • One of the Lowest Priced 4Plexes in Sherman Heights / Grant Hill • Projected GRM of 10 and Projected CAP rate of 6.8

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4
Full bathrooms: 4

Cooling

Interior area

Total structure area: 2,984

Property

Features

Levels: 2 Story
Fencing: Partial
Has view: Yes
View description: City

Lot

Size: 3,591 Square Feet
Dimensions: 45 x 90

Details

Parcel number: 5354711500

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Wood, Other/Remarks
Roof: Other/Remarks

Condition

Year built: 1908

Utilities & green energy

Utilities for property: Sewer Connected

Community & HOA

Community

Security: N/K
Subdivision: SAN DIEGO

Location

Region: San Diego

Financial & listing details

Date on market: 10/11/2024
Listing terms: Other/Remarks
Tenant pays: Cable TV, Electricity, Gas/Propane

Price history

Date	Event	Price
1/2/2025	Sold	$1,040,000-5%
Source: SDMLS #240024400 Report a problem
11/22/2024	Pending sale	$1,095,000
Source: SDMLS #240024400 Report a problem
11/18/2024	Listed for sale	$1,095,000
Source: SDMLS #240024400 Report a problem
10/25/2024	Pending sale	$1,095,000
Source: SDMLS #240024400 Report a problem
10/14/2024	Listed for sale	$1,095,000
Source: SDMLS #240024400 Report a problem