165 20th Street San Diego, CA ^$ 2,000,000

165 20th Street

^$ 2,000,000

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165 20th Street

San Diego, CA, 92102

^$ 2,000,000

Bedrooms3 Baths2.0

Monthly Estimate*

^$ 12,477

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Multi-Family Home for sale in San Diego, CA

for $2,000,000 with 3 bedrooms and 2 full baths. The lot size is 0.114601.

Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diegos most vibrant and rapidly growing neighborhoods. Spans two buildings on a corner lot and includes: (4) 2-bed/1-bath units, (3) 1-bed/1-bath units, (5) large 1-car garages, (5) storage units, gated courtyard, on-site laundry. Potential to convert garages to ADUs. Separate water meters/heaters for all units - tenants pay all utilities. Upgrades include new roofs (2016), new windows (last 34 years), interior improvements, various plumbing and electric upgrades, and a sewer main line replacement (15 years ago). Some upper units offer bay, bridge, and Downtown skyline views. With month-to-month tenants in place, there's an estimated 43% income upside, and the units are ready for further upgrades. The location offers easy access to Downtown San Diego, Balboa Park, Petco Park, and the Gaslamp Quarter, plus convenient public transit and freeway access.

Multi-Family Active

Price

^$ 2,000,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.114601

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2507257

Features

General

Zoning Assessor

HOA Fee 0.0

Pool Features N/K

Year Built 0

Property Subtype Res Income 2-4 Units

County San Diego

Operating Expense 55317.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Status ACTIVE

Directions Google Maps

City San Diego

Senior Community Y/N N

Number Of Units Total 7

Lot Size Units Acres

Lot Size Square Feet 4992.0

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 3.57

Freehold IDX

Exterior

Lot Size Area 0.1146

Number of Buildings 2

Building Area Total 0.0

Waterfront Y/N N

Interior

Total Stories 2

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 3

Total Baths 2

* Excluded Features

List By

Max Delbecq

Listing Agent

Top Gun Cre

Broker

(858) 333-7701

Phone

Affordability Calculator

$12,477

Per Month

Monthly Principal & Interest: $12,477
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,251,227

Percent of Sale Price 13%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/29/2025	$2,000,000	-4.76%	Price Down
9/24/2025	$2,100,000		Listed Price

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165 20th Street, San Diego, CA, 92102 is a Multi-Family Home for sale at $2,000,000 with a lot size of 0.114601. 165 20th Street has 3 bedrooms and 2.0 baths. The property's zip code is 92102 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 12/18/2025.

CA BRE #019180026.

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165 20th Street

Multi-Family Home for sale in San Diego, CA

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