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2052 Italia Street Unit 2052

San Juan, PR 00911

– beds
– baths
2,485 sqft
3,832 sqft lot
$845 per sqft
1955 build
– on site

Value-Add Multifamily in Ocean Park – Steps from the Beach on Calle Italia Located just one block from the sand in San Juan’s iconic Ocean Park neighborhood, this rare five-unit multifamily property sits on the highly coveted Calle Italia and offers a unique opportunity for investors or owner-occupants. The property is currently vacant, providing a blank slate to renovate and reposition for short-term, long-term, or mixed-use income. Property Layout: • Main Residence (Ground Floor – approx. 1,407 sq. ft.): 3 bedrooms, 2 bathrooms, living room, dining area, kitchen, laundry, utility, and storage rooms. Includes a 1-car carport and access to a fenced, paved patio area, ideal for outdoor living or future enhancements. • Unit 2 (Second Floor – approx. 733 sq. ft.): 2-bedroom, 1-bath unit with open kitchen/living/dining space and two private terraces, offering excellent indoor-outdoor potential. • Unit 3 (Second Floor – approx. 344 sq. ft.): 1-bedroom, 1-bath apartment with a private balcony. • Unit 4 (Second Floor – approx. 374 sq. ft.): 1-bedroom, 1-bath unit with flexible layout and access to a shared terrace. • Rear Unit (Approx. 377 sq. ft.): A separate 1-bedroom apartment located behind the main house with its own kitchen and living space—great for guest use or rental. Condition: The property will benefit from renovation. With a great location, it’s ideal for buyers looking to add value and maximize rental income. This is a rare opportunity to transform a multifamily asset in a premier coastal location—steps from the ocean and minutes to everything in San Juan.

Listing courtesy of STELLAR_MLS / ARLEANE MERHEB

Last checked: Checking… • Last updated May 27, 2025 •

MLS# PR9113824 —

The Building

Year Built:

1955
New Construction:

false
Construction Materials:

Concrete
Levels:

Two
Roof:

Concrete
Foundation Details:

Slab
Unit Number:

2052
# of Buildings:

1
Building Area Units:

Square Feet

Interior

Interior Features:

Ninguno
Furnished:

Unfurnished
Additional Rooms:

Bonus Room
Fireplace:

false

Room Dimensions

Living Area:

2485
Living Area Units:

Square Feet
Living Area Source:

Appraiser

Location

Directions:

From Marginal Baldorioty de Castro turn left onto Calle Degetau, in 350 meters turn right onto Calle Loiza and 110 meters turn left onto C. Rambla del Almirante and then right in Av. Mcleaty
Latitude:

18.453119
Longitude:

-66.051368
Coordinates:

-66.051368, 18.453119

The Property

Parcel Number:

04104214902001
Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

Completed
Lot Size Acres:

0.08
Lot Size Area:

3832
Lot Size SqFt:

3832
Lot Size Units:

Square Feet
Total Acres:

0 to less than 1/4
Zoning:

RT-A (RT-4
View:

false
Exterior Features:

Balcony
Water Source:

Public
Road Surface Type:

Asphalt
Flood Zone Code:

AE
Additional Parcels:

false
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2025
Tax Annual Amount:

$2,948

The Listing

Virtual Tour URL Unbranded:

https://www.propertypanorama.com/instaview/stellar/PR9113824
Special Listing Conditions:

None

Heating & Cooling

Heating:

None
Heating:

false
Cooling:

Other
Cooling:

true

Utilities

Utilities:

Electricity Available
Sewer:

Other

Appliances

Laundry Features:

Outside

The Community

Subdivision Name:

OCEAN PARK DEVELOPMENT
Community Features:

Water Access
Waterview:

false
Water Access:

false
Waterfront:

false
Pool Private:

false
Pets Allowed:

Yes
Association:

true
Association Fee:

140
Association Fee Frequency:

Monthly
Association Fee Requirement:

Required
Monthly HOA Amount:

140
Ownership:

Fee Simple

Parking

Garage:

false
Carport:

true
Carport Spaces:

1
Covered Spaces:

1

Extra Units

# of Units Total:

5

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Max Internet Speed

Optico Fiber

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
5/27/25 May 27, 2025	Listed / Active	STELLAR_MLS	$2,100,000

Multifamily For Sale

$2,100,000

HOA

$140/mo.

Listing provided by broker:

Arleane Merheb

ARLEANE MERHEB

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This multifamily located in Santurce, San Juan, PR 00911 is currently for sale for $2,100,000. 2052 Italia Street Unit 2052 is a 2,485 square foot multifamily with – beds and – baths that has been on Estately for 21 days. 2052 Italia Street Unit 2052 is in the Santurce neighborhood of San Juan and has a WalkScore® of 67, making it somewhat walkable.

Listing Courtesy of: STELLAR_MLS and ARLEANE MERHEB.

Based on information from the My Florida Regional MLS DBA Stellar MLS 2025.

All information provided is deemed reliable but is not guaranteed and should be independently verified. Stellar MLS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. Stellar MLS and Estately assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law. For any questions please call (407) 499-8911.