
2442 Union Street #2N 2S
CSan Diego, CA 92101
Beds
3
Baths
2.5
Sqft
1,785
Year Built
2005
Days on Market
8
Property Type
Condo
HOA/mo
$400
MLS ID
NDP2605762
This property is in San Diego (92101). View neighborhood stats →
About This Property
Dual – APN condo investment/Prime value – Add opportunity A stand out opportunity for the savvy investor or seasoned contractor. This 1800 square-foot residence currently encompasses two combined condominium units under a single ownership, each carrying its own APN – setting the stage for a compelling value – add project. The vision is straightforward: restore the property to its original two – unit configuration, creating two separately, rentable condos with strong income potential. With the dual – APN structure already in place, the groundwork for the strategy is built right into the deal. Adding to the appeal, each unit comes with its own assigned tandem underground gated garage parking-a highly desirable amenity that strengthens rental demand and long - term value in any market For the right buyer with the skills and foresight to execute, this is a rare chance to acquire a single asset with two exit strategies – rent both units, sell them individually, or hold as a multi – unit income property. Properties of this kind of built – in upside, don’t come along often. Low HOA no Mello Roos
Mortgage Calculator
Est. Monthly Payment
$6,488
Location
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Comparable Properties
5 comps foundThis Property
$4,316
Comp Average
$3,461
450 J St
2bd / 2ba · 993 sqft · Condo
$600K
Est. $3,743/mo
801 Ash
2bd / 2ba · 1,089 sqft · Condo
$599K
Est. $3,767/mo
1333 8th Avenue
2bd / 1.5ba · 1,143 sqft · Condo
$600K
Est. $3,529/mo
1333 8th Ave
2bd / 2ba · 1,143 sqft · Condo
$599K
Est. $3,277/mo
1970 Columbia Street
2bd / 2ba · 828 sqft · Condo
$619K
Est. $2,990/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Defaults: 20% down, 6.5% rate, 30yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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