About 2401-2407 Island Avenue
• Presenting one of the BEST Located 4 Unit Complexes in Sherman Heights • Potential of a 2 Bedroom, 2 Bath ADU on vacant portion of the lot • Great Value Add Potential • 2nd Floor Units have Views of Coronado Bridge and Downtown San Diego • Directly across the Street from Sherman Heights Elementary School • Unit Mix Two – 2 Bedroom, 1 Bath Units & Two – 1 Bedroom, 1 Bath Units • Located in Sherman Heights and Grant Hill Historic District • One of the Lowest Priced 4Plexes in Sherman Heights / Grant Hill • Projected GRM of 10 and Projected CAP rate of 6.8
Features of 2401-2407 Island Avenue
| MLS® # | 240024400 |
|---|---|
| Price | $1,095,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Year Built | 1908 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 2401-2407 Island Avenue |
|---|---|
| City | SAN DIEGO |
| County | San Diego |
| State | CA |
| Zip Code | 92102 |
Amenities
| Utilities | Sewer Connected |
|---|---|
| View | City |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Cooling | N/K |
|---|---|
| Fireplace | Yes |
| Stories | 2 Story |
Exterior
| Roof | Other/Remarks |
|---|---|
| Construction | Wood,Other/Remarks |
Additional Information
| Date Listed | October 11th, 2024 |
|---|---|
| Days on Market | 17 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Siemienowski & Associates |
|---|