2831 37 Columbia Street San Diego, CA $ 2,195,000
2831 37 Columbia Street
$ 2,195,000
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2831 37 Columbia Street

San Diego, CA, 92103
$ 2,195,000
Baths1.0

Monthly Estimate*

$ 13,515

Listed by The Browar Group
2831 37 Columbia Street, San Diego, CA 92103 - Image 1
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2831 37 Columbia Street, San Diego, CA 92103 - Image 9
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2831 37 Columbia Street, San Diego, CA 92103 - Image 14
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2831 37 Columbia Street, San Diego, CA 92103 - Image 18
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,195,000 with 1 full bath. This home was built in 1959.

2831–2837 Columbia Street offers investors a rare opportunity to acquire a four-unit apartment building in one of San Diego’s most sought-after urban neighborhoods. Perfectly positioned between Mission Hills, Bankers Hill, and Little Italy, the property delivers the ideal balance of strong in-place income, long-term appreciation, and unbeatable tenant appeal. With immediate access to Downtown San Diego, Balboa Park, the San Diego International Airport, and all major freeways, this asset combines location, lifestyle, and investment strength. The property consists of four spacious and modernized two-bedroom, one-bathroom apartments, each featuring premium in-unit amenities including its own washer/dryer and air conditioning (2 units), ensuring maximum comfort and convenience for tenants. In addition, every apartment comes with a separate oversized storage area—a highly desirable feature in this competitive rental market. Importantly, tenants are responsible for all utilities under their rental agreements, minimizing operating expenses and streamlining management for ownership. One of the most striking features of the property is its incredible, unobstructed views of Downtown San Diego and the San Diego Bay. This unique vantage point not only enhances the tenant living experience but also positions the property as a premier rental offering, creating consistently strong demand and long-term tenant retention.

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Multi-Family Active

Price

$ 2,195,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1959

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

2600826SD

Days on Market

1

Features
General
Cooling See Remarks
Roof Composition
HOA Fee 0
Year Built 1959
Tenant Pays Cable TV Electricity Gas See Remarks Sewer Trash Collection Water
Stories Count 2
Levels Two
County San Diego
Net Operating Income 100331
Property Type Residential Income
Status Active
Directions CrossStreet: W Palm Street
City San Diego
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92103 - Mission Hills
Listing Terms Cash Conventional VA Loan
Standard Status Active
Cap Rate 4.6
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Interior
Total Stories 2
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Partial
Total Parking 0
Park Name 0
Number of Buildings 2
Spa false
Lot Size Source Assessor
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* Excluded Features
List By
The Browar Group

Broker

josh@thebrowargroup.com

Email

Affordability Calculator

$13,515
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,515
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
1/12/2026$2,195,000 Listed Price

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2831 37 Columbia Street, San Diego, CA, 92103 is a Multi-Family Home for sale at $2,195,000. 2831 37 Columbia Street is a studio with 1.0 baths and was built in 1959. The property's zip code is 92103 which is in San Diego, CA