572 21st St San Diego, CA 92102

CBRE is pleased to present 572 21st Street, a fully restored 3-unit property located in the evolving Sherman Heights neighborhood of San Diego, just east of Downtown. Situated on a 4,254 square foot lot, the property consists of a two-story building totaling approximately 2,145 rentable square feet, offering a unique opportunity ideally suited for an owner-occupant, with additional appeal to investors. The property features one (1) three-bedroom / 1.5-bath unit, one (1) one-bedroom / one-bath unit, and one (1) studio loft, providing a flexible layout ideal for an owneroccupant seeking to live in the primary residence while offsetting expenses through income generated from the remaining units. The three-bedroom unit is currently vacant, allowing for immediate occupancy, and is well-suited for personal use, livework, or potential office space. The additional units offer income potential through traditional leasing or short-term rental (subject to local regulations). The property's configuration may also lend itself to alternative residential use scenarios (buyer to verify). The property may also qualify for residential 2-4 unit financing, allowing buyers access to 30-year fixed-rate loan options (rates subject to market conditions and buyer qualification). Originally constructed in a historic Victorian style, the property has been extensively renovated, including upgrades to plumbing, electrical systems, drywall, and partial foundation improvements, resulting in a well-maintained asset with limited deferred maintenance. Each unit is individually water sub-metered.