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1237 Lincoln Avenue San Diego, CA $ 2,195,000
1237 Lincoln Avenue
$ 2,195,000
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1237 Lincoln Avenue

San Diego, CA, 92103
$ 2,195,000
Bedrooms-- Baths--

Monthly Estimate*

$ 13,694

Listed by Marcus & Millichap
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Commercial Property for sale in San Diego, CA

for $2,195,000.

We are pleased to present 1237–1239 Lincoln Avenue, a boutique five-unit multifamily community ideally located in the heart of San Diego’s University Heights neighborhood. Extensively renovated and constructed in 2025, the property showcases a blend of modernized interiors and functional layouts designed to meet the demands of today’s renters.The community features four (4) one-bedroom/one-bath apartments and one (1) single-family residence offering a one-bedroom/one-and-a-half-bath layout, providing a unique mix of rental options within a compact, low-maintenance setting. Each residence has been thoughtfully upgraded with new finishes, refreshed kitchens and baths, in-unit washer and dryers, heating and cooling systems, luxury vinyl flooring, and modern fixtures to enhance comfort and appeal. Nestled just minutes from Balboa Park, Hillcrest, North Park, and Downtown San Diego, the property enjoys exceptional walkability and connectivity to major employment centers, local retail, and dining destinations. Its central location and strong rental fundamentals make it an ideal choice for tenants seeking quality housing in one of San Diego’s most desirable neighborhoods.With its comprehensive renovations, well-balanced unit mix, and prime location, 1237–1239 Lincoln Avenue presents investors with a turnkey opportunity to acquire a stable, income-producing asset in a supply-constrained, high-demand submarket. Newly Constructed & Fully Renovated in 2025 with comprehensive interior and exterior upgrades - NO DEED RESTRICTED UNITS. No Showings at this time. Please contact the listing agent: Graeme Henderson graeme.henderson@marcusmillichap.com (858) 373-3156

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Commercial Active

Price

$ 2,195,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250042540SD

Days on Market

67

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Operating Expense 47233
Property Type Commercial Sale
Status Active
Directions No Showings at this time. Please contact the listing agent: Graeme Henderson graeme.henderson@marcusmillichap.com (858) 373-31
City San Diego
Number Of Units Total 5
MLS Area 92103 - Mission Hills
Virtual Tour https://www.propertypanorama.com/instaview/snd/250042540
Standard Status Active
Property Sub Type Additional Mixed Use
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Interior
Air Conditioning Y/N 1
Heating Y/N 0
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 1
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* Excluded Features
List By
Marcus & Millichap

Broker

ahuffman@ipausa.com

Email

Affordability Calculator

$13,694
Per Month
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Monthly Principal & Interest
$13,694
Monthly Property Taxes
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Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,195,000 Listed Price

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1237 Lincoln Avenue, San Diego, CA, 92103 is a Commercial Property for sale at $2,195,000. The property's zip code is 92103 which is in San Diego, CA