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2515 Congress St
San Diego, CA 92110
Build-to-Rent Property For Sale · 8 Units

INVESTMENT HIGHLIGHTS

  • Owner Financing Possible with a min of 40% down payment*
  • All units offer open sunny floor plans with tasteful updates. The 2 "Tiny Houses" free standing cottages are in the middle of renovations.
  • Commercial zoning allows for many uses.
  • Walk to shops, restaurants,bistros, bars and the Trolley Station. Minutes to Ocean Beach,Pacific Beach and Downtown.
  • Rare Find - Prime Location in the Center of Charming Old Town

PROPERTY FACTS

No. Units 8
Property Type Build-to-Rent
Property Subtype Apartment
Apartment Style Low-Rise
Costar Property Class C
Total Plot Size 0.17 ac
Property Size 3,590 sq ft
No. Floors 2
Year Built/Renovated 1945/2019
Parking Allocation 0.84/1,000 sq ft
Use Class C - Commercial

AMENITIES

UNIT AMENITIES

  • Cable Ready
  • Microwave
  • Heating
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • High Speed Internet Access
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Patio
  • Wheelchair Accessible (Rooms)
  • Window Coverings

SITE AMENITIES

  • Courtyard
  • Laundry Facilities
  • Furnished Flats Available
  • Vintage Building
  • Bicycle Storage

ABOUT 2515 CONGRESS ST , SAN DIEGO, CA 92110

Rare find 7 units + 1 non conforming studio unit in the heart of Old Town. Walk to everything shops, restaurants, bistros, bars and the Trolly Station! Units consist of 2 separate free standing cottages, 2 spacious light and airy 2 bedroom 1 bath units with windows on all sides plus 5-1 bedroom 1 bath units and 1 Non-Conforming Studio unit. The 2 Free Cottages are like doll houses and are being renovated and all other units are updated and move in ready. Lot is zoned commercial the possibilities are endless. All Units (except the cottage being remodeled) are Sold fully furnished and decorated. These have been run as nightly and weekly vacation rentals; ALL Rents & Expense Numbers are PROFORMA Estimates. Square footage per units are also estimates. Information deemed reliable but is not guaranteed. Buyer to verify all prior to CR and COE.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT PCM sq ft
2+1 2 £1,880 750 - 850
1+1 5 £1,690 500 - 600
Studios 1 £1,350 350 - 400

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
442-570-34
Land Assessment
£1,383,976
Improvements Assessment
£386,698
Total Assessment
£1,770,674
  • Listing ID: 19297884

  • Date on Market: 21/04/2020

  • Last Updated:

  • Address: 2515 Congress St, San Diego, CA 92110

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