2164 2nd Avenue San Diego, CA $ 4,500,000
2164 2nd Avenue
$ 4,500,000
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2164 2nd Avenue

San Diego, CA, 92101
$ 4,500,000
Bedrooms-- Baths--

Monthly Estimate*

$ 28,074

Listed by Conor Brennan, Broker
2164 2nd Avenue, San Diego, CA 92101 - Image 1
2164 2nd Avenue, San Diego, CA 92101 - Image 2
2164 2nd Avenue, San Diego, CA 92101 - Image 3
2164 2nd Avenue, San Diego, CA 92101 - Image 4
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Commercial Property for sale in San Diego, CA

for $4,500,000.

CBRE is pleased to present 2164 Second Avenue, a 16-unit multifamily property ideally located in the highly sought-after Bankers Hill neighborhood of San Diego, California. Built in 1920, the property offers an attractive unit mix consisting of fourteen (14) studio/1-bath units and two (2) one-bedroom/one-bath units, catering to a wide range of tenants seeking quality housing near San Diego’s vibrant urban core. Situated just steps from Balboa Park, and minutes from Downtown San Diego, Little Italy, and the waterfront, 2164 Second Avenue benefits from exceptional accessibility to major employment centers, cultural landmarks, and everyday conveniences. Its central location and walkable surroundings make it highly desirable for residents drawn to Bankers Hill’s blend of historic charm, upscale dining, and park-side living. The property offers significant value-add potential, with opportunities to enhance both interior and exterior features through modern upgrades and operational improvements—positioning the next owner to capture meaningful rent growth and long-term appreciation.

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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

250045418SD

Days on Market

68

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Operating Expense 117621
Property Type Commercial Sale
Status Active
City San Diego
Number Of Units Total 16
MLS Area 92101 - San Diego Downtown
Virtual Tour https://www.propertypanorama.com/instaview/snd/250045418
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 3.87
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Interior
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 1
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* Excluded Features
List By
Conor Brennan, Broker

Broker

Conor.Brennan@cbre.com

Email

Affordability Calculator

$28,074
Per Month
100%
0%
0%
Monthly Principal & Interest
$28,074
Monthly Property Taxes
--
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
12/9/2025$4,500,000 Listed Price

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2164 2nd Avenue, San Diego, CA, 92101 is a Commercial Property for sale at $4,500,000. The property's zip code is 92101 which is in San Diego, CA