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

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