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$2,795,000
Est. payment /mo
4 Beds
3 Baths
600 SqFt
UPDATED:
09/19/2024 10:26 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 600 sqft
Price per Sqft $4,658
Subdivision Downtown
MLS Listing ID 240022256
Bedrooms 4
Full Baths 3
HOA Y/N No
Year Built 1998
Property Description
We are pleased to present for sale the Cedar Lofts, a three unit property located in the heart of the thriving Little Italy neighborhood of San Diego. Cedar Lofts was designed and built by renowned architect Jonathan Segal in 1998 as part of his Kettner Row project which features 16 modern rowhomes situated on a beautiful tree-lined street. Located on the South East corner of Kettner Blvd and Cedar St, Cedar Lofts is the best located unit of the entire Kettner Row project, receiving superior natural lighting and visibility. The unit mix features three modern-style units with two 1 Bed / 1 Bath multilevel ground floor units and one 2 Bed / 1 Bath upstairs unit that serves as the “owner’s unit.” All units are loft style and feature premium finishes with exclusive entry, large patios and balconies, tall ceilings and oversized windows offering plenty of natural lighting. Cedar Lofts is located in the CCPD-NC mixed use zone, allowing for many difference commercial uses, including retail, eating and drinking establishments, hotels and many others. The three units could even be combined to make one larger unit. All three units are currently operated as short-term rentals producing over $16,000 per month in gross revenue.
Location
State CA
County San Diego
Community Downtown
Area San Diego Downtown (92101)
Building/Complex Name Kettner Row
Interior
Cooling Central Forced Air
Exterior
Exterior Feature Stucco
Fence Gate
Community Features BBQ
Complex Features BBQ
Roof Type Composition
Building
Story 2
Lot Size Range 1-3999 SF
Level or Stories 2 Story
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by Nate Pepper • CBRE
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HomeSmart Realty West
Broker | License ID: DRE#1905908
Broker License ID: DRE#1905908