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Multi-Family: MLS #2601157SD San Diego, CA $ 949,000
Multi-Family: MLS #2601157SD
$ 949,000
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Multi-Family: MLS #2601157SD

San Diego, CA, 92102
$ 949,000
Baths0.0

Monthly Estimate*

$ 5,843

Listed by LPT Realty,Inc
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Multi-Family Home for sale in San Diego, CA

for $949,000. This home was built in 1903.

Exceptional multi-family opportunity in central San Diego, priced at $949,000. Located at 2520–24 L Street in the Grant Hill / Lincoln Park neighborhood, this well-positioned duplex offers immediate income with strong upside potential.The property features two separate 2-bedroom, 1-bath units, each with its own entrance and meter, totaling approximately 1,324 sq ft on a 2,423 sq ft lot. Ideal for investors or owner-occupants looking to live in one unit and rent the other, or for those seeking a value-add opportunity in a rapidly improving area.Centrally located just minutes from Downtown San Diego, Gaslamp Quarter, Petco Park, Balboa Park, and major employment centers, with easy access to freeways, public transit, shopping, dining, and entertainment. The area’s strong rental demand and walkability make this an attractive long-term hold.Zoning and lot configuration may allow for a future conversion or expansion to a four-plex or additional units (buyer to verify with the City of San Diego). This makes the property especially appealing for developers or investors seeking increased density and long-term appreciation.A rare chance to own a multi-unit property in an urban core location with income today and development upside tomorrow. Properties with this combination of location, flexibility, and price point do not last long.

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Multi-Family Active

Price

$ 949,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1903

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

2601157SD

Days on Market

3

Features
General
Cooling See Remarks
Roof Composition
HOA Fee 0
Year Built 1903
Tenant Pays Electricity Gas Sewer Trash Collection Water
Stories Count 1
Levels One
County San Diego
Net Operating Income 65600
Property Type Residential Income
Subdivision Name Logan Heights
Status Active
Directions CrossStreet: 25th Street
City San Diego
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92102 - San Diego
Listing Terms Cash Conventional FHA VA Loan
Standard Status Active
Cap Rate 6.9
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Interior
Total Stories 1
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Fencing Partial
Total Parking 0
Park Name None
Number of Buildings 1
Spa false
Lot Size Source Assessor
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* Excluded Features
List By
Lpt Realty,Inc

Broker

sdhomesolivia@gmail.com

Email

Affordability Calculator

$5,843
Per Month
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Monthly Principal & Interest
$5,843
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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
1/15/2026$949,000 5.56% Price Up
1/15/2026$899,000 Listed Price

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