Property Detail

Description

This historical Banker's Hill apartment complex is an investor's dream! 5 units total, all leased currently, very little vacancy time. Rents have some room to be increased. All units are appointed with full HVAC, quadruple pane windows, original hardwood flooring, many original touches, such as built-in ironing boards and inlaid kitchen tile. History abounds with this property! Unit 130 was the "banker's quarters" with views of the harbor and bay. A small stairway connects 130 to 134, the former "nanny's quarters". All appliances are included. Two garages exist currently. One garage has been converted to a trash receptacle room. This property has been in the care of one family for so many years, there is no prior transfer history on tax records! Well-cared-for property is looking for a new owner. This property does NOT have a historical designation and does NOT currently qualify for the Mill's Act, however would likely qualify with some due diligence from new owner. Walk to Balboa Park, downtown, Little Italy, and so much more. Submit your offer today!