1308 14 Locust St San Diego, CA $ 2,400,000
1308 14 Locust St
$ 2,400,000
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1308 14 Locust St

San Diego, CA, 92106
$ 2,400,000
Baths2.0

Monthly Estimate*

$ 14,973

Listed by Larabee Real Estate
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View a Virtual Tour
Studio

Multi-Family Home for sale in San Diego, CA

for $2,400,000 with 2 full baths. This home was built in 1991 on a lot size of 0.116.

NO MORE SHOWINGS, NO MORE OFFERS. Prime Point Loma 4-Unit Apartment Building – Steps to Shelter Island Exceptional opportunity to own a well-maintained 4-unit apartment building in one of Point Loma’s most desirable locations—just three blocks from Shelter Island. All four units are identical, spacious 1055 sq ft, 2-bed/2-bath floor plans, each with in-unit washer/dryer, generous living spaces, and private outdoor areas. The top-floor units feature vaulted ceilings that fill the interiors with natural light. The property is in excellent condition, with value-add potential through modernization and strategic updates. Rents are currently below market, offering immediate upside for investors. Property Highlights: 4 identical units – 1,550 sq ft each, 2 bed / 2 bath One unit is vacant and available to show; 3 units shown with offer Month-to-month tenants in all occupied units In-unit washer/dryer in every residence Vaulted ceilings & abundant natural light in top-floor units Lush, mature landscaping creates a serene, tree-house atmosphere Secure underground parking garage with ample parking Private storage rooms for each unit Premium Point Loma location near harbor, restaurants, marinas, and coastal amenities This is a rare chance to acquire a high-quality, income-producing asset with strong appreciation potential in one of San Diego’s most coveted coastal neighborhoods. All photos are of the vacant unit. All units are similar in condition and layout.

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Multi-Family Pending

Price

$ 2,400,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.116

Year Built

1991

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250044460SD

Days on Market

25

Features
General
Cooling None
HOA Fee 0
Year Built 1991
Stories Count 2
Levels Two
County San Diego
Net Operating Income 0
Property Type Residential Income
Subdivision Name Point Loma
Status Pending
Directions CrossStreet: Dickens St
City San Diego
Disclosures Incorporated
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92106 - Point Loma
Lot Size Units Square Feet
Lot Size Square Feet 5053
Listing Terms Cash Conventional FHA VA Loan
Virtual Tour https://tours.wowmediaservices.com/s/3136-40-Emerson-St-San-Diego-CA-92106
Standard Status Pending
Cap Rate 0
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Interior
Total Stories 2
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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Exterior
Fencing Partial
Total Parking 0
Lot Size Area 5053
Park Name N/A
Number of Buildings 1
Spa false
Lot Dimensions 102X50
Lot Size Acres 0.116
Lot Size Source Assessor
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* Excluded Features
List By
Larabee Real Estate

Broker

jeff@jefflarabee.com

Email

Affordability Calculator

$14,973
Per Month
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Monthly Principal & Interest
$14,973
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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
11/21/2025$2,400,000 Listed Price

Map


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1308 14 Locust St, San Diego, CA, 92106 is a Multi-Family Home for sale at $2,400,000 with a lot size of 0.116. 1308 14 Locust St is a studio with 2.0 baths and was built in 1991. The property's zip code is 92106 which is in San Diego, CA