2164 2nd Ave, San Diego, CA 92101

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
2164 2nd Ave,San Diego, CA 92101
$3,794,000
Virtual Tour
  • 2 Beds
  • 16 Baths
  • 6,080 sq. ft.
  • Multi-family
  • Active
Listed by: eric d comer
Office: eric d. comer, broker
MLS#:260021201
Source:San Diego MLS via CRMLS

Price summary

  • Price:$3,794,000
  • Price per sq. ft.:$624.01

About this home

Assumable financing - The property currently has a $2.1 million Chase loan with an attractive fixed interest rate of 3.37%. Great returns - 5.57% current cash on cash. Melrose Apartments is a charming 16-unit community located at 2164 Second Avenue in the highly desirable Bankers Hill neighborhood of San Diego, California. Built in 1920, the property features a mix of 14 studios and two one-bedroom / one-bathroom apartments. The property has charming original character, including hardwood floors, crown molding, Mission-style curved parapet, wide hallways, and an ornate wood/glass entry. The property's classic character and original architectural details are highly appealing to renters. While the property has been well maintained, there is an opportunity for a new owner to renovate and modernize kitchens and bathrooms, providing a path to increase rents while preserving the property's character. With a 94 Walk Score, Melrose Apartments is exceptionally well positioned within one of...

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Home facts

  • Listing ID #:260021201
  • Added:76 day(s) ago
  • Updated:November 13, 2026 at 04:36 AM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:16
  • Full bathrooms:16
  • Living area:6,080 sq. ft.

Structure and exterior

  • Building area:6,080 sq. ft.

Finances and disclosures

  • Price:$3,794,000
  • Price per sq. ft.:$624.01
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