Matthews Real Estate is pleased to exclusively present the sale of 130 Ivy St. This is a 5-Unit property with (2) 2-bedrooms/1-bathroom units, (2) 1-bedroom/1-bathroom units, & one studio, in the Heart of Bankers Hill. This property is located in one of the most premier neighborhoods in San Diego. A… Read More walker’s paradise & Walk Score (95), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. This is a flexible investment opportunity to either continue to operate as long-term rentals with upside captured by turning over units and increasing rents to market (approximately 24% rental upside) or transitioning the investment to operate as short term rentals Ample Parking, with 6 off street spaces and 2 car garages. With significant improvements being made to Bankers Hill, the location is irreplaceable. It is a huge opportunity to have a long-term appreciation investment, while updating the original character of the building. Read Less
Property listed by Daniel W. Withers, Michael Kasser 310-365-5054
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Lot Size
0.11 Acres
Year Built
1928
MLS Number
250027938SD
30 Days Snapshot Of 92101
$949k
+7%
(avg) sold price
46
+15%
homes sold
63
-5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1928, Levels: Two, 2 stories, 3 buildings
Cooling
None
Income
Net operating income: $74,911
Lot
0.1148 acres, 5,001 square feet, Size: 5,001
Tenant Pays
SeeRemarks
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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