1061-77 20th Street, San Diego CA 92102 | $1,600,000

1061-71 20th Street, a 1923 built 6-unit apartment community in the high demand submarket of Golden Hill. Located on "The Slope", the 20th Street Apartments lies on one of the most coveted pockets of the 92102 zip code. Residents enjoy close proximity to Downtown San Diego, shops and restaurants of Golden Hill, and convenient freeway access to everything San Diego has to offer. The 20th Street Apartments consists of three 1 bed/1 bath units and three studio units situated on a 5,008 square foot parcel of land. Residents enjoy a lush tropical landscaped common area with tasteful unit interiors. The property also has two oversized single garages and on-site laundry with owned equipment. Since being purchased in 2005, current ownership has taken good care of the subject property but an opportunity exists for a new owner to modernize the property and substantially increase rents. The two single garages also present the potential opportunity to take advantage of the City of San Diego's generous ADU program and create an additional 2 units.

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