418 W Ivy Street

San Diego, CA 92101

About this property

Beautifully remodeled 1917 Craftsman with views of the San Diego Bay + detached two additional units in prime Bankers Hill / Little Italy location. This 3-unit property offers exceptional flexibility for owner-occupants or investors, just steps from Balboa Park, the San Diego Bay waterfront, and the best dining and shopping in 92101. The front home has been extensively upgraded with high-end finishes (including Moroccan brass fixtures), dual-pane windows, updated plumbing and electrical, new roof, new HVAC system and foundation and retaining wall improvements. Enjoy multiple outdoor living areas including a front porch, rear deck with bay views, and private yard spaces with two mature avocado trees. Three tandem parking spaces serve the main home. The rear structure features two studio units with private access and laundry hookups conveniently located beneath the rear deck -ideal for rental income, multigenerational living, or guest use. Property has been operated as a successful furnished rental and offers strong income potential (currently running at 84% occupancy). A turnkey opportunity in one of Downtown San Diego's most walkable and desirable neighborhoods.

About this property

Beautifully remodeled 1917 Craftsman with views of the San Diego Bay + detached two additional units in prime Bankers Hill / Little Italy location. This 3-unit property offers exceptional flexibility for owner-occupants or investors, just steps from Balboa Park, the San Diego Bay waterfront, and the best dining and shopping in 92101. The front home has been extensively upgraded with high-end finishes (including Moroccan brass fixtures), dual-pane windows, updated plumbing and electrical, new roof, new HVAC system and foundation and retaining wall improvements. Enjoy multiple outdoor living areas including a front porch, rear deck with bay views, and private yard spaces with two mature avocado trees. Three tandem parking spaces serve the main home. The rear structure features two studio units with private access and laundry hookups conveniently located beneath the rear deck -ideal for rental income, multigenerational living, or guest use. Property has been operated as a successful furnished rental and offers strong income potential (currently running at 84% occupancy). A turnkey opportunity in one of Downtown San Diego's most walkable and desirable neighborhoods.

Features and Additional Information

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$1,950,000 Active
0 sqft

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Get in touch today! Phone: 1-760-684-8100
License #01902736
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ACI Apartments
1-619-299-3000
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Area Information

92101 San Diego Downtown | San Diego County |

$ 1,950,000
This listing is play_arrow 226.6% higher than the average in the area
$ 597,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
18 days on site
This listing is play_arrow 88.2% below the average in the area
153 days on site in the area

Schools in the Area

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Listed By Christina Labowicz
Brokerage: ACI Apartments

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