Active
3458 Monroe Avenue
Normal Heights CA, 92116
$3,095,000
$621.99 per sqft
Active
3 Beds
4,976 sqft
Commercial
We are pleased to present Monroe Place, an 8-unit, extremely well-maintained apartment building in the highly gentrifying Normal Heights neighborhood of San Diego, California. Units are composed of three 2-bedroom / 1-baths at 742 square feet and five 1-bedroom / 1-baths at 550 square feet on a single 6,772 square foot lot. Half of the units have received moderate to highest-end upgrades within the last 3 years (#1 & #4 have received highest tier improvements) while the remainder have been upgraded and very well maintained within the last 10 years and still have substantial upside in rents. The property has been fine-tuned under high-care, hands-on local ownership. There are 3 off-street parking spaces, four single car garages, and an on-site laundry room. The roof was replaced last year, plumbing has been fully removed and replaced with easy accessibility between the first and second floors and dual pane windows have been installed for energy efficiency. Units feature granite and quartz countertops, ceramic tile and laminate flooring, recessed lighting, newer appliances, 4 units feature new cabinetry and select units include new vanities and carpet in the bedrooms. Five units include either mini-splits or wall-mounted A/C. Exterior stucco includes fine stone finishes, painted wall art, stone walk-ways lush landscaping. Balconies could be added to units #s 4,5,6,7 while patios could be added to unit #s 1,2,3. Kitchens could all be open-plan and in-unit under-counter laundry could be inserted to all units.
250000053
MLSⓇ ID
January 2, 2025
Listed
January 3, 2025
Updated
Map
3458 Monroe Avenue
Normal Heights CA, 92116
Interior Features
Total Stories
2
Bedrooms
3
Appliances
Dishwasher, Range, Refrigerator, Disposal
Laundry Description
Owned
Floor Description
Tile, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Landscaped
Roof
Tar/Gravel
Other Property Details
Area Name
Metro Uptown
Garage
Yes
Parking
Carport, Garage, Spaces
Parking Total
8
View
No
County
San Diego
Pool
No
Listed by Marcus & Millichap, Conor M Brennan,
Listing Contact: 720-841-8139
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Data last updated 1:27 AM UTC, 1/3/2025