418 W Ivy Street, San Diego CA 92101
Beautifully remodeled Single Family Home + 2 Units in the heart of Bankers Hill and Little Italy!
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THE OFFERING
Beautifully remodeled Single Family Home + 2 Units in the heart of Bankers Hill and Little Italy!
No expense spared in this tastefully remodeled 1917 craftsman home! Boasting a walk score of 95 new owners will enjoy being within walking distance to world class destinations such as Balboa Park, San Diego Waterfront Park + San Diego Harbor, the USS Midway, and of course Little Italy and the infamous Little Italy Mercato! Plenty of outdoor living space with a front porch, back deck with harbor views, exterior “man cave” and dining area, storage shed, and private courtyard for the rear building which hosts two stacked studio units – perfect for extended family, additional rental income or short term rentals. Watch the Fourth of July Big Bay Boom from the back deck!
The front home has 3 tandem parking spaces and has been upgraded with high end finishes including engineered hardwood floors, vintage brass fixtures, dual pane windows, new roof, upgraded plumbing and electrical, new water heaters and upgraded foundation and retaining wall.
Currently set up as a vacation rental, the new owners have the opportunity to purchase furnished and continue renting short term. The two studios have averaged $8,707 in monthly income, peaking in July at $11,725.
Photo Gallery
HIGHLIGHTS
Key Highlights
Asset Overview
- 2 fully mature and producing avocado trees (37 year old trees)
- Fully Mature and producing Seville Orange tree
- Front of home adorned with 2 healthy and mature Jacaranda trees.
- Digital locks throughout the home and Schlage Smart Locks (connect automatically to Airbnb) installed on the Studio units
- Built in 180 degree big screen TV mount (85” TV can transfer with purchase)
- Direct sunset views to the West, Downtown views to the South
- San Diego Bay views from the laundry room and deck
- Custom wood vent hood (1 of a kind) and professional grade gas range
- In Cabinet outlets in the kitchen and bathroom
- Fully automated sprinkler system
- Custom built shed hidden below deck
Major repairs
This was not a fix-and-flip. In addition to being thoughtfully and professionally designed — featuring Moroccan brass fixtures and real stone countertops — the owners invested heavily in the non-cosmetic improvements that ensure long-term health of the property.
Major capital improvements have already been completed, including a brand-new roof with new plywood, 100% new HVAC, foundation repairs with 14 leveling jacks installed, and repairs to the retaining wall bordering the lower neighboring property.
With all major systems addressed, this is a property that can be purchased with confidence, without concern for deferred maintenance or hidden repairs.
Let’s Sell Your Property the Right Way.
With ACI Apartments, you don’t just get a listing — you get a full marketing machine across digital + traditional channels, with real data and proven results.
Tel: 619-299-3000
Email: admin@aciapartments.com
https://aciapartments.com/
Address: 7946 Ivanhoe Ave Suite 300B, La Jolla CA 92037