512 514 W Juniper St
San Diego, CA 92101
- – beds
- – baths
- – sqft
- 4,953 sqft lot
- 1939 build
- – on site
Situated on the Westernmost corner of Banker's Hill, one short block from the world famous dining and nightlife of Little Italy, lies one of the best multi-family opportunities in San Diego! This 4-unit property is easily converted to 6 units with highly desirable RM-3-7 zoning & conversion plans pending! Property consists of two structures, each containing top/bottom unit formats. The Eastern structure consists of a highly upgraded 3 bed/1 bath main house with 1930's charm and excellent curb appeal. Below, a turnkey, furnished 1 bed/1 bath STVR (furnishings convey!). Adjacent is a 550 sq ft storage room, prime for easily adding a 5th unit. The Western structure consists of a 2 bed/1 bath unit above & large studio below, as well as two single-bay garage bays adjacent, easily converted to a 6th unit. Three electric and two water meters. South/West-facing corner lot orientation full of natural light and multiple access points for tenants. Easy 6+ cap as it exists that can be brought well over 10 with an easy conversion. Tenants are on month to month or STVR for easy access/lease terms with maximum flexibility. This corner is one block and one world away from Little Italy. It has a peaceful suburban neighborhood feel, yet is mere steps away from the culinary and nightlife epicenter of SD. The San Diego Metro market is among the most competitive in the nation. Here is an opportunity that has incredible upside potential & can fetch above market rental returns starting today. Recent $2,200,000 appraisal available upon request! This longterm hold is a rental portfolio must have! Situated on the Westernmost corner of Banker's Hill, one short block from the world famous dining and nightlife of Little Italy, lies one of the best multi-family opportunities in San Diego! This 4-unit property is easily converted to 6 units with highly desirable RM-3-7 zoning & conversion plans pending! Property consists of two structures, each containing top/bottom unit formats. The Eastern structure consists of a highly upgraded 3 bed/1 bath main house with 1930's charm and excellent curb appeal. Below, a turnkey, furnished 1 bed/1 bath STVR (furnishings convey!). Adjacent is a 550 sq ft storage room, prime for easily adding a 5th unit. The Western structure consists of a 2 bed/1 bath unit above & large studio below, as well as two single-bay garage bays adjacent, easily converted to a 6th unit. Three electric and two water meters. South/West-facing corner lot orientation full of natural light and multiple access points for tenants. Easy 6+ cap as it exists that can be brought well over 10 with an easy conversion. Tenants are on month to month or STVR for easy access/lease terms with maximum flexibility. This corner is one block and one world away from Little Italy. It has a peaceful suburban neighborhood feel, yet is mere steps away from the culinary and nightlife epicenter of SD. The San Diego Metro market is among the most competitive in the nation. Here is an opportunity that has incredible upside potential & can fetch above market rental returns starting today. Recent $2,200,000 appraisal available upon request! This longterm hold is a rental portfolio must have!
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Last updated Apr 24, 2024
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MLS# 240006718SD —
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/7/24
Apr 7, 2024
|
Pending | CRMLS_CA | $1,995,000 | |
|
3/29/24
Mar 29, 2024
|
Listed / Active | CRMLS_CA | $1,995,000 |