2629 Island Ave, San Diego, CA 92102
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2629 Island Ave, San Diego, CA 92102
2629 Island Ave, San Diego, CA 92102
2629 Island Ave, San Diego, CA 92102
2629 Island Ave, San Diego, CA 92102
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$ 550,000
Est. payment /mo
Active

2629 Island Ave San Diego, CA 92102

1 Bed

2 Baths

736 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 736 sqft

Price per Sqft $747

MLS Listing ID PTP2600934

Bedrooms 1

Full Baths 1

Half Baths 1

Year Built 1920

Property Sub-Type Detached

Property Description

Baby Got Back on the market! Subject to cancellation of current escrow. The previous buyer's agent has notified us: "My client has decided to back out of the deal. Tried to make it work, but considering the amount of work and unknown costs, he decided to pull the plug. Historic Gem with Mills Act Potential Rare opportunity to acquire a designated historic property at 2629 Island Ave in the heart of San Diego's vibrant Little Italy/Bankers Hill corridor. This home offers significant upside for the right investor or owner-user. Key Highlights: Mills Act Eligible: Potential property tax savings of 40-60% annually through San Diego's historic preservation program Proven Income History: Former short-term rental generating $6,000/month gross income Prime 92101 Location: Walking distance to downtown, waterfront, restaurants, and entertainment Current Status: Property has outstanding code violations from recent remodeling work that must be resolved by buyer. Sold strictly AS-IS. Cash or hard money financing required - no conventional or FHA/VA loans. Ideal For: Experienced investors comfortable with code compliance issues Buyers seeking Mills Act tax advantages Those looking to restore a historic property to rental or primary residence This is a unique chance to own a piece of San Diego history while capturing substantial tax benefits. Property priced to reflect current condition and violation resolution costs. Serious inquiries only from qualified cash buyers.

Location

State CA

County San Diego

Zoning Single Fam

Direction **FROM SAN DIEGO INTERNATIONAL AIRPORT (LINDBERGH FIELD):** Head east on Harbor Dr toward Pacific Hwy. Turn left onto Pacific Hwy. Continue to Laurel St, turn right. Follow Laurel St east, turn left onto India St. Turn right onto Ivy St, then left onto Columbia St. Turn right onto Island Ave. Destination will be on your right. (Approx. 2.5 miles, 7-10 minutes) **FROM DOWNTOWN SAN DIEGO (GASLAMP QUARTER):** Head northwest on 5th Ave toward Market St. Turn right onto Market St, continue to Columbia St. Turn left onto Columbia St, then right onto Island Ave. Destination will be on your right. (Approx. 1.5 miles, 5-8 minutes) **FROM LA JOLLA:** Take Torrey Pines Rd south to I-5 S. Continue on I-5 S toward Downtown. Take exit 17 for Front St. Turn right onto Front St, left onto Laurel St, right onto India St, right onto Ivy St, left onto Columbia St, then right onto Island Ave. (Approx. 15 miles, 20-25 minutes) **FROM MISSION VALLEY:** Take I-8 W toward Ocean Beach. Merge onto I-5 S toward Downtown. Take exi...

Interior

Cooling Wall/Window

Fireplace No

Appliance Dryer

Laundry Electric

Exterior

Garage Spaces 1.0

View Y/N Yes

View Ocean, Panoramic, City Lights

Total Parking Spaces 1

Building

Story 2

Sewer Public Sewer

Level or Stories 2

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 5352830700

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2600934


MLS Router / San Diego MLS
Listed by Joshua Massieh, DRE#01446864 Joshua Daniel Massieh 

NEARBY SCHOOL & BUSINESS

Jim Nelson

Jim Nelson

Agent | License ID: 01852936

+1(619) 415-5574

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2629 Island Ave