We are pleased to present 2005 - 2017 J Street, a fully rehabilitated three-unit property just blocks from Downtown San Diego. Located in the historic Sherman Heights district, this property consists of two 1 bedroom / 1 bathroom units and one 2 bedroom / 1 bathroom units. All three units were recently restored, which includes new electrical, plumbing, sewer lines, most windows, kitchens, baths, insulation, water heaters, roofs, interior and exterior paint, landscaping, decking, laundry, appliances and more.
This is an excellent opportunity for an investor or owner-occupant to acquire an income-producing asset in the rapidly improving and in-demand area of Sherman Heights. This very desirable downtown submarket is located within an Opportunity Zone and is just blocks from the rapidly gentrifying East Village and Barrio Logan. East Village has become one of the most dynamic and popular areas of the downtown area, and as East Village/Downtown continues to expand east, this particular property will offer a substantial rental upside and is well suited for short term vacation rentals / AirBNB.
Sherman Heights is a unique neighborhood bordering three other highly desirable neighborhoods (Golden Hill, Barrio Logan and East Village Down Town). Those who live in the area enjoy the central location as it is just east of the Ballpark District and Downtown San Diego. The property is also close to transit lines, restaurants, schools, and shopping. The Sherman Heights community is also a designated "Opportunity Zone", offering potential tax breaks for investing within the community. This property is situated among many single-family homes, including historic Victorian homes that add to the unique charm of the neighborhood. In addition, there is strong support for historic preservation and restoration, and the neighborhood was declared a historic district in 1987. The Sherman Heights neighborhood has the following roadways as boundaries: Highway 94 to the north, Imperial Avenue to the south, and Interstate 5 to the west. Sherman Heights is considered one of the oldest subdivisions in San Diego and is named after Mathew Sherman who purchased the land in 1867 just after Alonzo Horton purchased much of the area that is now Downtown San Diego. Sherman Heights is known for the beautiful Victorian homes and is home to the historic building named the Villa Montezuma (located 1 block from the property) which was built in 1887 by world traveler, noted spiritualist and pianist, Jesse Shepard.
Call 619-500-3222 or email Team@PHTSD.com to speak with the listing agent directly!
1. 2005 J Street 1 level(s), 2 Bedroom, 1 Bath, 710 Sq Ft, 0 Car Garage
Stainless Steel Appliances
Other Air Conditioning
Energy Efficient Systems
Main Floor Bathroom
Main Floor Bedroom
City Lights View
Walking Distance from Schools
Walking Distance to Town/Shopping
Within 5 Miles from Park
Within 5 Miles from Fitness Center
Within 5 Miles from Town/City/Shopping
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