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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$3,375,000

Est. payment - /mo

8 Beds

6 Baths

6,969 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 6,969 sqft

Price per Sqft $484

MLS Listing ID 260019736

Bedrooms 8

Full Baths 6

Property Sub-Type Com-Res Income

Property Description

We are pleased to present 2605 Madison Ave, located in the North Park neighborhood of San Diego. The subject property features four (4) one-bedroom/one-bathroom, three (3) two-bedroom/one-bathroom units, and two (2) two-bedroom/two-bathroom units that total approximately 6,400 of rentable square footage. The subject property is located in North Park, one of the most coveted locations for renters in San Diego. The property boasts a walkability score of 94 which Walkscore.com calls a “Walker's Paradise". It is approximately two miles from Morley Field/Balboa Park which offers tennis courts, public pool, baseball fields, archery range, hiking trails, dog park, disk golf course, playground, and a speed track for bicyclist. Residents at the subject property enjoy immediate walking access to the many bars and restaurants on Adams Avenue, El Cajon Blvd and 30th Street. Lastly, residents enjoy easy access to Interstate 805 and are just minutes away from San Diego's largest employment centers including Downtown, Mission Valley, and Kearny Mesa. This property presents a unique opportunity for an investor to purchase a value-add investment opportunity in one of the strongest submarkets at the forefront of rental growth in San Diego. The new owner will enjoy the security of having the property situated near comparable apartment complexes, local shopping, and infrastructure, as well as having easy access to Mission Valley, Interstate 805, Interstate 8, and Highway 163.

Location

State CA

County San Diego

Area Metro Uptown

Direction Please contact listing agent: Graeme Henderson (858) 373-3156 Graeme.Henderson@marcusmillichap.com

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Others

Senior Community No

Tax ID 4451710100

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Listed by Austin Huffman, DRE#01981817 Marcus & Millichap

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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2605 Madison Avenue San Diego, CA 92116