2621 Highland AVE new

San Diego,CA 92105

$ 2200000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2509535

Year Built 1979

Property Sub-Type Multi Family

Property Description

2621 Highland Avenue | 7-Unit Multifamily Investment in Swan Canyon, San Diego Presenting a rare opportunity to acquire a fully renovated 7-unit multifamily property located in the heart of Swan Canyon, one of San Diego's emerging residential neighborhoods. 2621 Highland Avenue features a desirable unit mix of four (4) one-bedroom units and three (3) two-bedroom units, including one spacious two-bedroom townhome with a private attached garage—a unique amenity that adds value and appeal to prospective tenants. Each unit has been thoughtfully renovated within the last few years, offering modern interiors that enhance tenant satisfaction and reduce ongoing maintenance costs. The property offers on-site laundry facilities and ample on-site parking, further increasing convenience for residents. All seven units are currently occupied, providing immediate cash flow. However, rents are currently below market, creating a significant value-add opportunity for investors to boost revenue through rent increases upon lease turnover or renewals. Located just minutes from major thoroughfares, schools, and public transit, 2621 Highland Avenue sits in a quiet, residential pocket of Swan Canyon—an area known for its community feel and central access to everything San Diego has to offer.

Location

State CA

County San Diego

Area 92105 - East San Diego

Zoning R-4:MULTIPLE RESIDENTIAL

Building

Lot Description Bluff,No Landscaping,Street Level

Story 2

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition Standard

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