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Key Details
Sold Price $1,460,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 1,080 sqft
Price per Sqft $1,351
Subdivision Talmadge
MLS Listing ID 230018127
Sold Date 11/01/23
Bedrooms 8
Full Baths 4
HOA Y/N No
Year Built 1940
Property Description
Presenting a prime investment opportunity at 5077-81 Madison Ave—a four-unit multi-family complex that features a two-bedroom, one-bathroom single-family residence built, complemented by three additional two-bedroom, one-bathroom apartment units. This property rests on a large, 6,343sf corner lot with alley access. Each unit has the use of its own single-car garage. The house has laundry hook-ups and there is an onsite laundry room for use by the apartments. Situated in the historic Talmadge neighborhood near San Diego State University, this property benefits from underground utilities and an upcoming new city water line. Tenants enjoy the charm of one of mid-town San Diego's oldest neighborhoods while remaining close to all that San Diego living has to offer!
Location
State CA
County San Diego
Community Talmadge
Area San Diego (92115)
Building/Complex Name Talmadge
Exterior
Exterior Feature Stucco, Wood/Stucco
Parking Features Unit1:Attached Unit2:Detached Unit3:Detached Unit4:Detached
Garage Spaces 4.0
Fence Partial
Community Features Laundry Facilities
Complex Features Laundry Facilities
Roof Type Composition
Building
Lot Description Alley Access, Corner Lot, Public Street, Sidewalks, Street Paved
Story 2
Lot Size Range 4000-7499 SF
Level or Stories 2 Story
Others
Acceptable Financing Conventional
Space Rent $1,700
Listing Terms Conventional
Financing Conventional
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Bought with Joyce Nguyen • F3 Realty Group
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