A rare 3-unit Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA,… Read More 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,850/mo each on month-to-month leases; projected market gross $17,000/mo. Three single garages currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay. Read Less
Courtesy of Berkshire Hathaway HomeServices California Properties, , Gregg R Neuman.
Listing Snapshot
Days Online
98
Last Updated
Property Type
Res Income 2-4 Units
Beds
6
Full Baths
5
Lot Size
0.12 Acres
Year Built
1936
MLS Number
260011969
Additional Details
Building
Stucco, Wood, Built in 1936, Building area total: 3368, 2 number of buildings, 1 story total, Living area: 0, Living area units: Sqft, Building area units: Sqft, Building name: -, 3 total units, 1 Story
Cooling
Central Forced Air
Expenses
Operating expense: $40,320
Fence
Partial
Water Features
Irrigation source: Automatic, Drip, Sprinklers, Water source: Meter on Property
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Source: San Diego MLS
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