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.… Read More 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. Read Less
Courtesy of Marcus & Millichap, 818-212-2250, Aaron Bove.
Listing Snapshot
Days Online
112
Last Updated
Property Type
Res Income 2-4 Units
Beds
6
Full Baths
4
Lot Size
0.11 Acres
Year Built
1912
MLS Number
250029359
Additional Details
Property Access
"Other/Remarks"
Building
Built in 1912, Building area total: 3608, 1 number of building, 2 stories total, Living area: 0, Living area units: Sqft, Building area units: Sqft, Building name: Balboa, 4 total units, "Wood/Stucco", "2 Story"
Cooling
"Central Forced Air"
Expenses
Operating expense: $87,483
Fence
"Gate"
Income
Gross scheduled income: $282,840
Lot
4,800 size sqft, Size units: Acres
Property
Property subtype: Res Income 2-4 Units, Property type: Residential Income
Roof
"Tile/Clay"
Security Features
"Gated Community"
Tenant Pays
"Trash", "Water", "Electricity", "Gas/Propane"
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Source: San Diego MLS
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