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818 820 San Luis Rey Place San Diego, CA $ 1,795,000
818 820 San Luis Rey Place
$ 1,795,000
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818 820 San Luis Rey Place

San Diego, CA, 92109
$ 1,795,000
Baths2.0

Monthly Estimate*

$ 11,198

Listed by Compass
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Studio

Multi-Family Home for sale in San Diego, CA

for $1,795,000 with 2 full baths. This home was built in 1954.

Exceptional two unit opportunity in one of the most desirable pockets of South Mission Beach. Set on a quiet street just a few homes from Mission Bay and 2 blocks from the majestic Pacific, this property offers a rare combination of versatility and potential. The existing 1,694 sf duplex includes a 3-bed, 2-bath main residence with an attached 2-car garage, plus an attached 1-bedroom, 1-bath upper unit with its own entrance, deck, and additional off-street parking space. The upper unit is currently open to the main residence but can be easily closed for separate occupants. The 2,400 sf lot is zoned R-2, allowing two units per parcel and providing options to renovate or redevelop to optimize value as either a duplex or larger single family residence. Current zoning may support new construction totaling over 2,600sf of combined living area. In 2018, plans were commissioned to construct a stunning 3 story duplex with rooftop view deck. Now expired but potential to reopen. Located near the tranquil bayside of the peninsula and within easy walking distance of the beach, parks, and local amenities, this property sits in one of Mission Beach’s most coveted and quiet enclaves. For developers or end users alike, the offering represents a rare chance to secure a legacy-level holding—particularly given the adjacent property (814-816 San Luis Rey) is also available, enabling a combined project of extraordinary scale and potential. First time on the market in over 50 years - do not miss this opportunity to make your own mark in this cherished beach community.

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Multi-Family Active

Price

$ 1,795,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1954

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250041603SD

Days on Market

69

Features
General
Heating Forced Air Natural Gas
Cooling None
Roof Composition
Appliances Gas Water Heater
Zoning MBPD-R-S
HOA Fee 0
Pool Features None
Year Built 1954
Stories Count 2
Levels Two
County San Diego
Net Operating Income 0
Property Type Residential Income
Subdivision Name Mission Beach
Status Active
Directions CrossStreet: Mission Blvd.
City San Diego
Senior Community Y/N 0
Number Of Units Total 2
MLS Area 92109 - Pacific Beach
Listing Terms Cash
Standard Status Active
Cap Rate 0
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Interior
Total Stories 2
Air Conditioning Y/N 0
Heating Y/N 1
Total Baths 0
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Exterior
Total Parking 0
Park Name N/A
Number of Buildings 1
Spa 0
Private Pool 0
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

adam.roark@compass.com

Email

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$11,198
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Monthly Principal & Interest
$11,198
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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$1,795,000 Listed Price

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818 820 San Luis Rey Place, San Diego, CA, 92109 is a Multi-Family Home for sale at $1,795,000. 818 820 San Luis Rey Place is a studio with 2.0 baths and was built in 1954. The property's zip code is 92109 which is in San Diego, CA