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Patricia Beattie

patricia@brivio.com +1(415) 286-8292

$4,890,000

Est. payment - /mo

5,597 Sqft Lot

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260012185SD

HOA Y/N No

Year Built 2018

Lot Size 5,597 Sqft

Property Description

Incredibly rare mixed-use trophy property located at the prestigious corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A's, and surrounded by some of San Diego's most iconic historic homes and architecture. Positioned on a prime corner lot with dual street frontage, this exceptional asset offers a rare combination of residential charm, stable income, and long-term investment upside in one of San Diego's most sought-after neighborhoods. The property features a professional office space in the front corner unit, designed to resemble a classic historic home, currently leased under a long-term agreement with built-in annual rent increases. The remaining four residential units have been extensively remodeled and professionally designed, creating a turnkey pride-of-ownership asset with strong rental appeal. Two of the residential units were completely rebuilt from the ground up in 2024. Major capital improvements include all-new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system throughout. Several units feature upgraded kitchens, modern flooring, designer finishes, and updated baths. The upper unit enjoys bay and city views, while tenants share access to a beautifully landscaped common courtyard that creates a private and tranquil setting rarely found in urban properties. The mixed-use zoning offers exceptional flexibility for investors or owner-users in a premier walkable location near downtown, Little Italy, the waterfront, airport, and San Diego's best dining and cu Incredibly rare mixed-use trophy property located at the prestigious corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A's, and surrounded by some of San Diego's most iconic historic homes and architecture. Positioned on a prime corner lot with dual street frontage, this exceptional asset offers a rare blend of residential charm, strong in-place income, and long-term investment upside in one of San Diego's most sought-after neighborhoods. The property consists of a professional office space in the front corner unit, designed to resemble a classic historic home, currently leased under a long-term agreement with built-in annual rent increases. The remaining four residential units are fully remodeled and professionally designed, creating a turnkey pride-of-ownership asset with strong rental appeal. Two of the residential units were completely rebuilt from the ground up in 2024 with high-end construction and modern systems throughout. Extensive capital improvements include all new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system servicing the entire property. Several units feature upgraded kitchens, designer finishes, modern flooring, and updated baths. The upstairs unit enjoys beautiful bay and city views, while all tenants share access to a lushly landscaped common courtyard that creates a private and tranquil atmosphere rarely found in urban multifamily properties. The mixed-use zoning offers exceptional flexibility for investors, owner-users, short-term rental strategies where permitted, or long-term hold scenarios in a premier walkable location near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city's best dining and cultural attractions. Opportunities to acquire a fully upgraded mixed-use asset of this caliber in Bankers Hill are exceptionally limited.

Location

State CA

County San Diego

Area 92103 - Mission Hills

Zoning COMMERCIAL

Interior

Fireplace No

Others

Tax ID 4527050400

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Listed by Nathan Abbo Coldwell Banker West #01513883

Nearby School & Business

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Patricia Beattie

+1(415) 286-8292

Broker | License ID: 01405369

Broker License ID: 01405369

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110 Maple St San Diego, CA 92103

Patricia Beattie

Key Details

Location

Interior

Others

Nearby School & Business

Get More Information