3710 Madison Avenue

San Diego, CA 92116

$2,900,000

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Property Description

Excited to present 3710 Madison Ave, a fantastic value-add investment that offers an investor 70% upside in rents in the rapidly accelerating rental market of Normal Heights. The 6,660 square foot structure built in 1959 is situated on a 6,947 square foot lot just over a block from Adams Avenue. The property features eight 2 Bedroom / 1 Bath units, each averaging over 800 square feet. Half of the units have been recently renovated with new flooring and kitchens. In addition, the property offers a common laundry space with leased washer/dryer and 10 surface parking spaces. Please do not walk on the property or disturb tenants.

Interior Features

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Listing Information

Address 3710 Madison Avenue
City San Diego
State CA
Zip 92116
County San Diego
Listing Agent Benn Vogelsang DRE#01883437
Courtesy Of NorthMarq Multifamily
MLS 240014829SD
List Price $2,900,000
Status Active
Type Commercial
Subtype Commercial/Residential
Structure Size N/A
Lot Size N/A
DOM 1

Exterior Information

Maps

Listing information courtesy of: Benn Vogelsang, NorthMarq Multifamily . *Based on information from the Association of REALTORS/Multiple Listing as of Jun 27th, 2024 at 9:22 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.