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2621 Highland Avenue San Diego, CA $ 2,200,000
2621 Highland Avenue
$ 2,200,000
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2621 Highland Avenue

San Diego, CA, 92105
$ 2,200,000
Baths1.0 Sq 5,536

Monthly Estimate*

$ 13,725

Listed by ERA Ranch & Sea Realty
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,200,000 with 1 full bath. This 5,536 square foot home was built in 1979 on a lot size of 0.1623.

2621 Highland Avenue | 7-Unit Multifamily Investment in Swan Canyon, San Diego Presenting a rare opportunity to acquire a fully renovated 7-unit multifamily property located in the heart of Swan Canyon, one of San Diego’s emerging residential neighborhoods. 2621 Highland Avenue features a desirable unit mix of four (4) one-bedroom units and three (3) two-bedroom units, including one spacious two-bedroom townhome with a private attached garage—a unique amenity that adds value and appeal to prospective tenants. Each unit has been thoughtfully renovated within the last few years, offering modern interiors that enhance tenant satisfaction and reduce ongoing maintenance costs. The property offers on-site laundry facilities and ample on-site parking, further increasing convenience for residents. All seven units are currently occupied, providing immediate cash flow. However, rents are currently below market, creating a significant value-add opportunity for investors to boost revenue through rent increases upon lease turnover or renewals. Located just minutes from major thoroughfares, schools, and public transit, 2621 Highland Avenue sits in a quiet, residential pocket of Swan Canyon—an area known for its community feel and central access to everything San Diego has to offer.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1623

Year Built

1979

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

NDP2509928

Days on Market

91

Features
General
Zoning R-4: MULTIPLE RESIDENTIAL
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1979
Gross Income 129923
Community Features Hiking
County San Diego
Net Operating Income 97114
Operating Expense 33906
Insurance Expense 4636
New Construction 0
Property Type Residential Income
HOA 0
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions gps
City San Diego
Entry Location Front of Building
Senior Community Y/N 0
Open Parking Spaces 11
Number Of Units Total 7
MLS Area 92105 - East San Diego
Lot Size Units Square Feet
Lot Size Square Feet 7070
Number of Units Leased 7
Listing Terms Cash Conventional
Property Attached Y/N 0
Land Lease Y/N 0
Electric Expense 1231
Fuel Expense 0
Trash Expense 7250
Water Sewer Expense 8870
Rent Control Y/N 1
Virtual Tour https://www.propertypanorama.com/instaview/crmls/NDP2509928
Standard Status Active
Tax Lot 19 20
Total Actual Rent 13025
Taxes 26400
Cap Rate 4.4
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Interior
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N 0
Heating Y/N 0
Fireplace Y/N 0
Laundry Features Common Area
Entry Level 1
Total Baths 0
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Exterior
Lot Features Bluff No Landscaping Street Level
Total Parking 11
Lot Size Area 7070
Number of Buildings 1
Spa 0
Building Area Total 5536
Lot Size Acres 0.1623
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 8
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* Excluded Features
List By
Era Ranch & Sea Realty

Broker

focused760@gmail.com

Email

Affordability Calculator

$13,725
Per Month
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Monthly Principal & Interest
$13,725
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,200,000 Listed Price

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2621 Highland Avenue, San Diego, CA, 92105 is a Multi-Family Home for sale at $2,200,000 with 5,536 sqft and a lot size of 0.1623. 2621 Highland Avenue is a studio with 1.0 baths and was built in 1979. The property's zip code is 92105 which is in San Diego, CA