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MLS#: 01021

  
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Outstanding investment property located in prestigious Bankers Hill on the corner of Fifth & Olive. Minutes to downtown, Balboa Park and the waterfront. Property is mixed-use with four residential units, two upstairs commercial office spaces and four street level retail spaces. Each of the residential units (two townhome stle unis, one upstairs one bedroom unit, and a two bedroom "flat" downstairs) were beautifully renovated and feature hardwood floors, large eat-in kitchens, washer/dryer areas, private outdoor spaces, and many architectural details. Both townhome units have extra bonus room off the bedroom which could be used as a den or home office. Upstairs office spaces and "barber" share a common upstairs bathroom; each of the retail spaces have their own baths with toilet and sinks only. Substantial upside potential with the rents. Note, full address of property is 430-468 Olive Street & 2800, 2802, and 2808 Fifth Avenue. This is an excellent investment property or perfect for an owner user. Leases contain an early termination clause.
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PROPERTY DETAILS

 
Price: $0 to
$1,980,000
Type : Residential Income
Beds : 7
Sq ft : 6,741
Lot size : 5,000
Address : 2800-2808 Fifth Avenue & 430-468 Olive
City : San Diego
Zip :
Units : 10
GSIGross Schedule Income : $88,385
NOINet Operating Income : $29,700
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PROPERTY TOOLS

Heidi Schmid
Heidi Schmid

OFFICE: (619) 226.7800

heidi@willisallen.com

Mimi McCoy
Mimi McCoy

OFFICE: (619) 226.7800 x 228

CELL: (619) 459.1500

FAX: (619) 226.6187

mimimccoy@willisallen.com

Point Loma Office
Point Loma Office

OFFICE: (619) 226.7800

FAX: (619) 226.6187

pointloma@willisallen.com


This listing courtesy of: . Information deemed reliable but is not guaranteed.
Information is Updated Daily; Last Update Occurred on 05/15/2008. Source: SANDICOR INC.

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