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$ 2,000,000
Est. payment | /mo
4,800 Sqft Lot
$ 2,000,000
Est. payment | /mo
4,800 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250029359SD
HOA Y/N No
Year Built 1912
Lot Size 4,800 Sqft
Property Description
Incredible opportunity to acquire a rare 9-unit multifamily portfolio (being sold with 2070 Third St) in the heart of Bankers Hill—one of San Diego's most sought-after and walkable neighborhoods. This offering includes two adjacent parcels being sold together, each with 4 traditional residential units plus one featuring a non-conforming studio. Originally built in 1912 and thoughtfully renovated in 2018, the property blends historic charm with modern upgrades throughout. Units feature updated kitchens, bathrooms, and building systems, all while maintaining timeless architectural details. Ideally positioned just minutes from Balboa Park, Downtown San Diego, and Little Italy, the property provides immediate access to employment centers, transit, and top-tier dining and entertainment. Tenants enjoy an urban lifestyle in a high-demand rental market with very limited competing inventory.
Location
State CA
County San Diego
Area 92101 - San Diego Downtown
Building/Complex Name Balboa
Interior
Cooling Central Air
Fireplace No
Exterior
Community Features Gated
View Y/N No
Building
Story 2
Entry Level Two
Level or Stories Two
Others
Senior Community No
Tax ID 5331741000
Security Features Gated Community
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Aaron Bove • Marcus & Millichap
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Osvaldo Calderon
Salesperson | Lic# 01736073