THE OFFERING Vallera Apartment Advisors is pleased to present 303-17 Thorn Street, two large side-by-side duplex buildings featuring a total of four over-sized residential units. The duplexes are configured as stacked flats, with only one apartment per floor. The location at the southeast corner of Thorn and 3rd Street is residential, but only a short walk to a wide variety of urban amenities in both Balboa Park and the Hillcrest commercial district. WalkScore.com rates this location as "Very Walkable; most errands can be accomplished on foot.” Nearby boutique coffee shops and restaurants make the location ideal for those who work remotely or enjoy a pleasant spot to have a latte and unwind. The two brick duplexes are connected by the original carriage house, now divided into two small garages. Each residential unit spans approximately 1,460 square feet and features separate kitchen, dining, and living rooms. The units have an abundance of storage including multiple walk-in closets. The interiors feature original gumwood built-in cabinetry, interior doors and trim, plus oak flooring. This was luxurious construction in 1927. This property presents a unique opportunity for someone to purchase an artisan building that would be financially infeasible to replicate in 2025. INVESTMENT UPSIDE: Unit 315 has already been updated with a modern kitchen and bathrooms, the second bathroom being added to the unit. The other three units remain largely in their original condition. They have more than enough floor area to accommodate a second bathroom. The units previously had laundry hookups which were removed in the 1990’s, though a buyer may wish to re-establish this amenity. Two units are currently being held vacant to accommodate a buyer who would like to immediately perform renovations and re-lease at full-market rents. The property also has the potential for historic designation should a buyer want to pursue the tax benefits that might be available under the Mills Act.