904 24Th St San Diego, CA 92102
Historic 8-unit apartment complex in San Diego's Golden Hill.
Property Features for 904 24Th St
General Information
- Property type
- Commercial
- Standard status
- Active
Source:
Elliman
Listing Agent: Raymond Choi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Golden Hill Multifamily Investment Opportunity
Located in the Western Slopes of San Diego’s Golden Hill neighborhood, the property at 904-14 24th Street is an 8-unit apartment complex constructed in 1910. The property has a Walk Score of 89, indicating a pedestrian-friendly location. The building has approximately 5,760 rentable square feet and is situated on two parcels totaling 7,609 square feet. The unit mix includes one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1-bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors feature built-in storage, vaulted ceilings, original hardwood floors, and natural light from large windows. There is potential for renovations and restorations to achieve market-leading rents and enhanced cash flow. Unused lot spaces between the buildings could allow for the potential construction of an ADU. Situated less than a block from Broadway, residents have access to Golden Hill’s dining, shopping, and cultural scene. Balboa Park and major freeways (I-5 and SR-94) are nearby. This property is a stabilized, income-producing asset with rental growth potential.
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1426459
- Latitude
- 32.7149444
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Historic 8-unit apartment complex in San Diego's Golden Hill.
Where is this apartment building located?
The property is located at 904 24Th St San Diego, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: - Prime Golden Hill location with a Walk Score of 89, offering easy access to dining, shopping, and cultural attractions.; - Value-add potential through renovations and ADU construction to increase rental income.; - Diverse unit mix includes 2-bedroom, 1-bedroom, and studio apartments.
