2052 ITALIA ST #2052 San Juan, Puerto Rico

Property Type: Residential Income
Subtype: Multi Family
Status: Active
$2,100,000
Sale
Value-Add Multifamily in Ocean Park – Steps from the Beach on Calle Italia Located just one block from the sand in San Juan’s iconic Ocean Park neighborhood, this rare five-unit multifamily property sits on the highly coveted Calle Italia and offers a unique opportunity for investors or owner-occupants. The property is currently vacant, providing a blank slate to renovate and reposition for short-term, long-term, or mixed-use income. Property Layout: • Main Residence (Ground Floor – approx. 1,407 sq. ft.): 3 bedrooms, 2 bathrooms, living room, dining area, kitchen, laundry, utility, and storage rooms. Includes a 1-car carport and access to a fenced, paved patio area, ideal for outdoor living or future enhancements. • Unit 2 (Second Floor – approx. 733 sq. ft.): 2-bedroom, 1-bath unit with open kitchen/living/dining space and two private terraces, offering excellent indoor-outdoor potential. • Unit 3 (Second Floor – approx. 344 sq. ft.): 1-bedroom, 1-bath apartment with a private balcony. • Unit 4 (Second Floor – approx. 374 sq. ft.): 1-bedroom, 1-bath unit with flexible layout and access to a shared terrace. • Rear Unit (Approx. 377 sq. ft.): A separate 1-bedroom apartment located behind the main house with its own kitchen and living space—great for guest use or rental. Condition: The property will benefit from renovation. With a great location, it’s ideal for buyers looking to add value and maximize rental income. This is a rare opportunity to transform a multifamily asset in a premier coastal location—steps from the ocean and minutes to everything in San Juan.
Address: 2052 ITALIA ST #2052 San Juan, Puerto Rico 00911

Additional Details

Interior

Laundry
Outside
Other Interior Features
Ninguno

Exterior

Construction Materials
Concrete
Cooling
Other
Other Exterior Features
Balcony, Sidewalk

General

Days on Market
43
Pets Allowed
Yes

Area and Lot

Lot Size in Acres
0.08
Living Area in SQFT
2485
Utilities
Electricity Available, Public
Community Features
Sidewalks

Financial

Annual Tax
$2,948
HOA Fees
$140

Location

From Marginal Baldorioty de Castro turn left onto Calle Degetau, in 350 meters turn right onto Calle Loiza and 110 meters turn left onto C. Rambla del Almirante and then right in Av. Mcleaty

Interested in this property? Get in touch

Arleane Merheb

License: #16499
B-5 Calle Tabonuco Suite 216 P
Guaynabo Puerto Rico, 00968

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