2055 Albatross St

San Diego, CA 92101

$4,250,000

List Price

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Property Description

Discover a rare investment opportunity in the highly desirable Bankers Hill neighborhood of San Diego. This meticulously maintained Mediterranean-style building offers eight rental units, including two 2-bedroom units, one of which features a private backyard perfect for outdoor gatherings or relaxation. The property also includes four, well-appointed 1-bedroom units and two studio units, ideal for maximizing rental potential. A fully gated entry ensures privacy and security, and upon entering, you are greeted by a large outdoor space that adds charm and functionality to the property. Each unit is enhanced by west-facing patios offering stunning views of the San Diego skyline, the Bay, and breathtaking sunsets. Additional amenities include on-site laundry facilities for tenant convenience and ample parking to ensure satisfaction. Nestled in the heart of Bankers Hill, this property is steps away from the best of San Diego living. Residents can enjoy outdoor adventures in the nearby trails and gardens of Balboa Park, just a short walk away. The neighborhood boasts a vibrant dining scene with upscale restaurants and trendy cafes around every corner. Its proximity to San Diego Bay makes it perfect for waterfront strolls and weekend activities, while Little Italy’s bustling markets, boutiques, and nightlife are just minutes away. Conveniently located, the property is also a short drive from San Diego International Airport, making it an ideal choice for professionals and frequent travelers. Known for its historic architecture, tree-lined streets, and welcoming community, Bankers Hill is one of San Diego’s most sought-after neighborhoods. Its unique blend of urban convenience and coastal beauty makes it a favorite among tenants seeking the perfect lifestyle and location. This is an incredible opportunity to own a multi-unit property in a premier area that promises both charm and high rental demand. All eight units have triple-pane windows, providing superior insulation and noise reduction. Additionally, soundproof doors, and clean air filter systems.

Listing Information

List Price $4,250,000
Status Active
MLS 240028155SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size 5,114
Structure Size N/A
DOM 29
Courtesy Of Douglas Elliman of California, Inc.
Listing Agent Jenica Martin DRE#01933551
Co-Listing Agent Dan Tomasi DRE#01851821

Interior Features

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Cooling Type Wall/Window Unit(s)

Exterior Information

Maps

Listing information courtesy of: Jenica Martin, Dan Tomasi, Douglas Elliman of California, Inc. 925-787-1911. *Based on information from the Association of REALTORS/Multiple Listing as of Jan 7th, 2025 at 7:24 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.