Description
We are pleased to present 572 21st Street, a completely restored 3-unit multifamily property located in San Diego’s gentrifying Sherman Heights neighborhood just east of Downtown. This complex consists a single 2-story buildings built on a 4,254 square foot lot with approximately 2,145 rentable square feet. The unit mix is composed of one 3-bedroom / 1.5-bathroom house, one 1-bedroom / 1-bathroom unit and a single studio loft above the main house. The 3-bedroom unit could be configured as is currently, as a live-work space, or potentially an office. The complex has been well maintained and features an alluring historic Victorian Architectural style. In 2000, the property went through major renovations with all new plumbing throughout, new electrical, drywall and partial foundation replacement. Each unit is sub-metered for water. The property is historic and Mills Act eligible if the new owner decides to take advantage of substantial property tax savings with very little headache. This asset represents an opportunity for an owner to purchase a stabilized complex with residential financing in one of San Diego’s most gentrifying neighborhoods.

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prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 20th March, 2023 9:15 AM (UTC)
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of
an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a
brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which
they are derived is protected by copyright. Compilation © 2022 San Diego MLS. Updated: 20th March, 2023 9:15 AM (UTC)