$1,375,000

We are pleased to present 1055 21st St, a 4-unit community located in the Golden Hill neighborhood of San Diego, California. The two-story property is situated on a 0.14 acre lot and is comprised of four (4) one-bedroom/one-bathroom units totaling approximately 2,500 rentable square feet. The subject property is located in Golden Hill, a neighborhood situated on the south end of the world-famous Balboa Park. Golden Hill is well known for its easy access to major employment centers such as Downtown, Mission Valley, and South Bay. The area has recently come to see an influx of new bars and restaurants pushing south from North Park along the 30th St corridor and Fern St. High walkability, chic local diners which showcase a sense of place and convenience to Balboa Park, Downtown, and freeways make this niche neighborhood extremely desirable. Often touted as a ‘haven’ for artists and musicians, it is home to Black Box Recording Studios, The Habitat Recording Studios, Influx Café, Turf Supper Club, Krakatoa, and Pizzeria Luigi. The new owner will enjoy the security of having the property situated near infrastructure, jobs, as well as having easy access to Highway 94, Interstate 5, and Downtown. This offering is perfect for a value-add investor looking to purchase a rarely traded asset and take advantage of one of the fastest growing areas in San Diego. This property is one of five properties in a portfolio being offered for sale. Each property can be purchased on an individual basis.