0.13 Acres in San Diego, CA - $3,699,000
Incredibly rare mixed-use property located at the prestigious corner of 1st Ave and Maple St, just steps from Balboa Park, Mister A's, and surrounded by some of San Diego's most beautiful historic homes. This trophy asset sits in the heart of Bankers Hill and offers a unique combination of commercial and residential zoning-allowing for unmatched flexibility and long-term upside. The front corner unit, which resembles a classic home, is leased to a professional office tenant under a long-term agreement with built-in annual rent escalations. The remaining four units are a mix of Airbnb and long-term residential tenants, all of which have been extensively remodeled. Two units were completely rebuilt from the ground up in 2024. Major upgrades include all-new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system throughout. Each re...
Incredibly rare mixed-use property located at the prestigious corner of 1st Ave and Maple St, just steps from Balboa Park, Mister A's, and surrounded by some of San Diego's most beautiful historic homes. This trophy asset sits in the heart of Bankers Hill and offers a unique combination of commercial and residential zoning-allowing for unmatched flexibility and long-term upside. The front corner unit, which resembles a classic home, is leased to a professional office tenant under a long-term agreement with built-in annual rent escalations. The remaining four units are a mix of Airbnb and long-term residential tenants, all of which have been extensively remodeled. Two units were completely rebuilt from the ground up in 2024. Major upgrades include all-new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system throughout. Each residential unit has been professionally designed and furnished, offering strong rental performance. The upper unit enjoys bay views, and all tenants share access to a beautifully landscaped common courtyard. With dual street frontage on both 1st Ave and Maple St, this is a true pride-of-ownership asset with rare mixed-use appeal in one of San Diego's most coveted neighborhoods.
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