3042-3048 Broadway
San Diego, CA 92102
Multifamily Property For Sale · 4 Units

**PRICE REDUCTION - HIGHLY MOTIVATED SELLER** Marcus and Millichap is pleased to present 3042 Broadway, a rare 4-unit multifamily investment located in Golden Hill, San Diego. This property consists of a 3,320 square foot, 2-story apartment building resting on a 7,359 square foot lot. This complex is comprised of two 2-bedroom / 1-bath units that average 825 square feet and two 3-bedroom / 1-bath units that average 907 square feet. These units have been well maintained and have living and bedroom areas with hardwood floors and period tile in the kitchens and bathrooms. The building features a large, fenced in front yard area that is elevated off the street allowing for tenant privacy and enjoyment. The front yard area is landscaped with gravel and grass and features a gazebo lounging section with community building potential. In the rear of the property there are five off-street parking spaces that face out into the alleyway and the building also has coin-op laundry with room and hookups for expansion to double stacked laundry. Golden Hill is one of San Diego's most architecturally diverse historic neighborhoods that sits just outside of Balboa Park and Downtown San Diego. Golden Hill's rapid redevelopment and easy access to the 15, 94 and 805 freeways make it a tremendously desirable location for both investors and tenants. This multifamily complex is an ideal turn key investment opportunity for a new owner looking for a property with rental upside in the up-and-coming neighborhood of Golden Hill.