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3017 J Street

San Diego, CA 92102

PRICE REDUCED

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-$150,000 (-5.66%)

$2,500,000

List Price

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Property Description

Once in a generation opportunity to acquire two adjacent parcels totaling 15,648 sqft spread across 6 structures. The buildings consist of 10 units with mixes split between detached cottages, duplexes, and a triplex. A 2 car garage attached to the triplex is being rented out that can easily be converted into an ADU. An additional storage area is being rented out as well between the detached cottages. The property has alley access with 4 assigned parking spaces (two in the front & two in the rear). The property sits in an opportunity zone giving buyers the chance to gain massive tax savings, and the option to build multiple new units (Buyer to do proper due diligence with city to confirm all facts). The rents have recently been raised with the property now bringing in $14,525/mo before expenses. Tenants are all on month to month lease agreements.

Listing Information

List Price $2,500,000
Status Active
MLS 240023164SD
HOA $0
Type Commercial
Subtype Mixed Use
Lot Size N/A
Structure Size N/A
DOM 65
Courtesy Of RE/MAX Connection
Listing Agent Drew Rutledge DRE#02109019
Co-Listing Agent Steve Shulman DRE#01029642

Interior Features

Total Bedroom
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Exterior Information

Maps

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Listing information courtesy of: Drew Rutledge, Steve Shulman, RE/MAX Connection 619-564-2032. *Based on information from the Association of REALTORS/Multiple Listing as of Dec 5th, 2024 at 5:25 AM 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.