Market Street Manor Apartments

Grant Hill is a vibrant neighborhood located in the southeastern part of San Diego, California. This historically significant neighborhood is bordered by Golden Hill to the west, Southcrest to the south, and Logan Heights to the north. Grant Hill is named after Ulysses S. Grant, the 18th President of the United States, and is known for its diverse community and rich cultural heritage. Grant Hill features a mix of residential and commercial properties, offering its residents a unique blend of city living and suburban charm. The neighborhood boasts a variety of housing options, including single-family homes, apartments, and condos. The architecture in Grant Hill is a blend of styles, from classic Craftsman-style homes to mid-century modern apartments. One of the neighborhood's most notable features is the Grant Hill Park, which offers stunning views of the downtown skyline and the San Diego Bay. The park features a playground, a basketball court, and plenty of green space for outdoor activities. Grant Hill is also home to several community centers, including the Sherman Heights Community Center, which hosts a variety of programs and events for all ages. Residents of Grant Hill enjoy easy access to downtown San Diego, which is just a few minutes away by car or public transit. The neighborhood is also well-served by local restaurants, shops, and grocery stores, making it a convenient and livable community. Overall, Grant Hill is a welcoming and diverse neighborhood that offers something for everyone.ACRE Investment Real Estate Services proudly presents the Market Street Manor Apartments, a five unit apartment complex positioned just east of downtown San Diego in the desirable Grant Hill neighborhood. The property spans approximately 2,952 square feet and consists of one (1) one bed/one bath unit, three (3) two bed/one bath units, and one (1) detached two bed/one bath house. In 2013, the property underwent significant updates that included stucco, roof (house), windows, flooring, bathrooms, kitchens, granite countertops, and interior fixtures and appliances. This property offers substantial upside in rental income through additional renovations and more aggressive management. Tenants are afforded convenient access to Hwy 94, Golden Hill, South Park, and downtown San Diego. They will appreciate the sweeping views, inviting common areas, on-site laundry and secured parking and access. With its recent upgrades and strategic location, the Market Street Manor Apartments offer an excellent investment opportunity for savvy investors.