3233 3rd Avenue, San Diego, CA 92103

$1,400,000
5
BD
2
BA
2,359
SqFt
Sold Price
$1,400,000
List Price
$1,350,000
Closing Date
Mar 23, 2021
Days on Market
6
Status
SOLD
MLS#
NDP2102093
Bedrooms
5
Bathrooms
2
Living Sq. Ft
2,359
Lot Size(Range)
4,000-7,499 SF
Lot Size(apprx.)
5,030
City
Mission Hills
Neighborhood
Banker's Hill
School District
San Diego Unified School District
Property Type
Single Family Residential
Year Built
1934

Property Description

Welcome to thriving Bankers Hill & urban sophistication. This classic property sits on a mostly residential block. It was originally built as a detached home about 87 years ago, but has since been converted into 6 offices. The zoning is CC 3-6. Full of classic craftsman interior wood detailing such as boxwood ceilings, built-ins and wainscoting, much of the original interior charm has been preserved. Convert it back into a detached home (remove a wall, renovate kitchen, add closets, convert workspace to bath) recent residential sales suggest a post renovation value of $1.5-1.6m for a detached home. Or convert to Live/Work space, multi-family (Add ADU), or simply use it as-is for your office space. Great for professional practices such as psychologists, attorneys, Insurance, CPA, etc. Secure gated parking lot in back with 7 spaces. The land value of this urban property is going up and will soon eclipse the current use value, so urban land-banking is also a great long-term hold option. Current layout has 6 offices with insulated walls, 1 work space, an entry/sitting area, kitchen and 1.5 baths. Central Heat, A/C and 1 fireplace. Small basement area for storage. Current owners had it rented for $6645/month. Property is well maintained & turn-key as Office Space.

Additional Information

View
City Lights
Stories
2 Story
Equipment Available
N/K
Additional Rooms
Other/Remarks
Cooling
Central Forced Air
Heat Equipment
Forced Air Unit
Supplemental
Welcome to thriving Bankers Hill & urban sophistication. This classic property sits on a mostly residential block. It was originally built as a detached home about 87 years ago, but has since been converted into 6 offices. The zoning is CC 3-6. Full of classic craftsman interior wood detailing such as boxwood ceilings, built-ins and wainscoting, much of the original interior charm has been preserved. Convert it back into a detached home (remove a wall, renovate kitchen, add closets, convert workspace to bath) recent residential sales suggest a post renovation value of $1.5-1.6m for a detached home. Or convert to Live/Work space, multi-family (Add ADU), or simply use it as-is for your office space. Great for professional practices such as psychologists, attorneys, Insurance, CPA, etc. Secure gated parking lot in back with 7 spaces. The land value of this urban property is going up and will soon eclipse the current use value, so urban land-banking is also a great long-term hold option. Current layout has 6 offices with insulated walls, 1 work space, an entry/sitting area, kitchen and 1.5 baths. Central Heat, A/C and 1 fireplace. Small basement area for storage. Current owners had it rented for $6645/month. Property is well maintained & turn-key as Office Space.

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Adam Pascu (858-761-1707) from Listing Office: 73 Degrees Realty.

Selling Office: Floit Properties.

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