3710 Madison Avenue, CA

$2,650,000

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2

Beds

1

Bath

6,660

Square feet

About 3710 Madison Avenue

POSSIBLE SELLER FINANCING. Excited to present 3710 Madison Ave, a fantastic value-add investment that offers an investor 70% upside in rents in the rapidly accelerating rental market of Normal Heights. The 6,660 square foot structure built in 1959 is situated on a 6,947 square foot lot just over a block from Adams Avenue. The property features eight 2 Bedroom / 1 Bath units, each averaging over 800 square feet. Half of the units have been recently renovated with new flooring and kitchens. In addition, the property offers a common laundry space with leased washer/dryer and 10 surface parking spaces. Please do not walk on the property or disturb tenants.

Features of 3710 Madison Avenue

MLS® # 240014829
Price $2,650,000
Bedrooms 2
Bathrooms 1.00
Square Footage 6,660
Type Residential Income
Status Closed

Community Information

Address 3710 Madison Avenue
County San Diego
State CA
Zip Code 92116

Amenities

Parking Spaces 8
Is Waterfront No
Has Pool Yes

Interior

Fireplace Yes
# of Stories 2

Additional Information

Date Listed June 27th, 2024
Days on Market 78
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNorthMarq Multifamily

Listing Map

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