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$1,299,000

  • Sold
  • Closed
  • Multi-Family
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Don't miss out on this rare multi-family opportunity in Sherman Heights! This stately Victorian is ideally situated on an elevated, corner lot and is just waiting for a savvy buyer/investor to unlock its full potential. With existing benefits such as property tax savings (Mills Act FUNDED!) and a convenient location near downtown San Diego, this property offers many possibilities for growth and improved ROI. The current unit mix includes three two-bedroom residences and a single bedroom residence, all featuring high ceilings, efficient layouts, and plenty of natural light. Explore possibility repurpose a spacious, unfinished 3rd floor which offers sweeping views of San Diego. Lot size could promote possible addition of ADUs as well, all potentials to be explored.

Full Property Details for 2496 Island

General

  • Sold For: $1,299,000
  • Status: Closed
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 240020928
  • Added to Site: 498 day(s) ago

Additional Information

  • Other Features: Other (See Remarks)

Parking

  • Recreational: Other/Remarks

Location

  • Area: SAN DIEGO (92102)
  • County: San Diego
  • Subdivision: Sherman Heights
  • Complex: Sherman Heights

Community

  • Assoc. Fees Include: N/K
  • Pets Allowed: Yes

Heating & Cooling

  • Heating Type: Wall/Gravity
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Sewer Connected
  • Water District: CITY OF SAN DIEGO
  • Water: Meter on Property
  • Telecomm.: Cable (coaxial)

Structural Information

  • Roof: Composition
  • Year Built: 1908

Unit Information

  • Units w/Refrigerators: 4
  • Units w/Range/Oven: 4
  • Units w/Dishwashers: 4

Unit 1

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: City, Other/Remarks
  • Lot Size (Sq. Ft.): 7,192
  • Lot Dimensions: 75 x 95
  • Frontage: Other (See Remarks)
  • Frontage Feet: 75
  • Irrigation System: Automatic, Sprinklers
  • Topography: Other/Remarks
  • Fencing (Description): Other (See Remarks)

Financial Considerations

  • Terms: Conventional
  • Tenant Expense: Cable TV, Electricity, Gas/Propane

Listed by Better Homes and Gardens Real Estate Napolitano & Associates (619) 435-0135, Dino Morabito and (757) 293-8536, Bretton Molenaar
Sold by eXp Realty of California, Inc. (619) 987-3066, Syncletica Maestas

Listing agents

— 2496 Island —

  • Dino Morabito

    Better Homes and Gardens Real Estate Napolitano & Associates

    619-987-3066

  • Bretton Molenaar

    757-293-8536

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 2496 Island

Date
Details
Price
Change
Source
1/27/2025
Sold
$1,299,000
—
MLS
10/18/2024
Price Reduced
$1,299,000
-7.15%
MLS
9/05/2024
Listed
$1,399,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Better Homes and Gardens Real Estate Napolitano & Associates (619) 435-0135, Dino Morabito and (757) 293-8536, Bretton Molenaar
Sold by eXp Realty of California, Inc. (619) 987-3066, Syncletica Maestas

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2496 Island, San Diego, CA 92102 (MLS# 240020928) is a Multi-Family property that was sold at $1,299,000 on January 27, 2025. Want to learn more about 2496 Island? Do you have questions about finding other Multi-Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.