6-802 Sutter Street
San Diego, CA, 92103 $ 1,995,000
Baths0.0 Monthly Estimate*
$ 12,284
Listed by The Mendes Company
Studio for $1,995,000. This home was built in 1950.
Welcome to 802–06 Sutter Street, a rare Mission Hills triplex with a charming detached single-family residence plus two rear cottages. Situated in a neighborhood dominated by low-density, high-end single-family homes, income properties of this caliber almost never come to market here — making this an exceptional ownership opportunity at an attainable entry point for the savvy investor or owner-occupant buyer alike. The front house — a 2-bedroom, 1.5-bath home with a private backyard — will be delivered vacant in June 2026, creating a turnkey owner-occupant opportunity. Move in, enjoy one of San Diego's most coveted addresses, and let the two rear detached cottages (2BD/1BA and 2BD/1.5BA) generate income from day one. The rear cottages offer compelling rental upside through light cosmetic renovations — think fresh finishes and updated kitchens that can meaningfully lift rents in a neighborhood where demand perennially outpaces supply. Mission Hills consistently attracts quality long-term renters & owners drawn to its walkability, character architecture, and proximity to Little Italy, Hillcrest, and Balboa Park. Looking further ahead, the site presents future ADU potential — adding a unit could maximize the land's income-generating capacity and drive significant long-term appreciation. Welcome to 802–06 Sutter Street, a rare Mission Hills triplex with a charming detached single-family residence plus two rear cottages. Situated in a neighborhood dominated by low-density, high-end single-family homes, income properties of this caliber almost never come to market here — making this an exceptional ownership opportunity at an attainable entry point for the savvy investor or owner-occupant buyer alike. The front house — a 2-bedroom, 1.5-bath home with a private backyard — will be delivered vacant in June 2026, creating a turnkey owner-occupant opportunity. Move in, enjoy one of San Diego's most coveted addresses, and let the two rear detached cottages (2BD/1BA and 2BD/1.5BA) generate income from day one. The rear cottages offer compelling rental upside through light cosmetic renovations — think fresh finishes and updated kitchens that can meaningfully lift rents in a neighborhood where demand perennially outpaces supply. Mission Hills consistently attracts quality long-term renters & owners drawn to its walkability, character architecture, and proximity to Little Italy, Hillcrest, and Balboa Park. Looking further ahead, the site presents future ADU potential — adding a unit could maximize the land's income-generating capacity and drive significant long-term appreciation.
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FeaturesGeneralHeating Floor Furnace Natural Gas
Cooling None
Possession Close Of Escrow
Roof Composition
Appliances Gas Water Heater
Zoning RS-1-7
HOA Fee 0
Pool Features None
Year Built 1950
Tenant Pays Cable TV Electricity Gas Sewer Water
Stories Count 1
Levels One
County San Diego
Net Operating Income 57498
Property Type Residential Income
Subdivision Name San Diego
Status Active
Directions Google/Apple Maps CrossStreet: Goldfinch St
City San Diego
Disclosures Incorporated
Senior Community Y/N false
Number Of Units Total 3
MLS Area 92103 - Mission Hills
Listing Terms Cash Conventional FHA VA Loan
Spa Features None
Standard Status Active
Cap Rate 2.88
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InteriorTotal Stories 1
Air Conditioning Y/N false
Heating Y/N true
Total Baths 0
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ExteriorFencing Partial
Total Parking 0
Park Name N/A
Number of Buildings 3
Spa true
Private Pool false
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* Excluded FeaturesList Byanthony@mendescompany.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $12,284
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
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.
Learn more about how to save NearbyMulti-family listings in San Diego, CA
Average List Price $2,146,406
Percent of Sale Price 8%
About San Diego, CA 1,417,428 Population
15% Since 2002
$ 72,408 Median Income
36.37 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/21/2026 | $1,995,000 | | Listed Price |