15 Linwood Street
San Diego, CA, 92110 $ 2,395,000
Baths1.0 Monthly Estimate*
$ 14,746
Listed by The Mendes Company
Studio for $2,395,000 with 1 full bath. This home was built in 1942.
Rarely does a property of this caliber come to market in one of San Diego's most coveted neighborhoods. This four-unit offering delivers breathtaking panoramic views of the San Diego Harbor. The diverse unit mix includes two 1-bedroom/1-bathroom apartments with spectacular harbor vistas, a 2-bedroom/1-bathroom single-family home with bay views, and a charming studio with its own private yard — appealing to a wide range of tenants and investment strategies alike. The upside potential is as impressive as the views. Three single-car garages present a compelling ADU conversion opportunity, four dedicated on-site parking spaces add premium value in an urban setting, and the property qualifies for favorable residential 2–4-unit financing. The units are ripe for modernization, offering a true value-add canvas for an investor ready to renovate, reposition rents, and build meaningful equity in an irreplaceable location. For the owner-occupant, this is a rare chance to plant roots in an iconic San Diego neighborhood while rental income offsets the mortgage. For the long-term investor, the property's RM-2-5 zoning and Complete Communities Housing Solutions designation at 6.5 FAR unlock genuine development potential: the parcel sits within a Transit Priority Area with no coastal overlay, no historic designation, and no environmental constraints — a clean entitlement profile for a future ground-up multifamily or condo project. With harbor views, multiple exit strategies, and a location that simply cannot be recreated. Rarely does a property of this caliber come to market in one of San Diego's most coveted neighborhoods. This four-unit offering delivers breathtaking panoramic views of the San Diego Harbor. The diverse unit mix includes two 1-bedroom/1-bathroom apartments with spectacular harbor vistas, a 2-bedroom/1-bathroom single-family home with bay views, and a charming studio with its own private yard — appealing to a wide range of tenants and investment strategies alike. The upside potential is as impressive as the views. Three single-car garages present a compelling ADU conversion opportunity, four dedicated on-site parking spaces add premium value in an urban setting, and the property qualifies for favorable residential 2–4-unit financing. The units are ripe for modernization, offering a true value-add canvas for an investor ready to renovate, reposition rents, and build meaningful equity in an irreplaceable location. For the owner-occupant, this is a rare chance to plant roots in an iconic San Diego neighborhood while rental income offsets the mortgage. For the long-term investor, the property's RM-2-5 zoning and Complete Communities Housing Solutions designation at 6.5 FAR unlock genuine development potential: the parcel sits within a Transit Priority Area with no coastal overlay, no historic designation, and no environmental constraints — a clean entitlement profile for a future ground-up multifamily or condo project. With harbor views, multiple exit strategies, and a location that simply cannot be recreated.
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FeaturesGeneralHeating Floor Furnace Natural Gas
Cooling None
Possession Close Of Escrow
Roof Composition
Appliances Gas Water Heater
Zoning RM-2-5
HOA Fee 0
Pool Features None
Year Built 1942
Tenant Pays Cable TV Electricity Gas Sewer Water
View Bay Panoramic
Stories Count 2
Levels Two
County San Diego
Net Operating Income 60428
Property Type Residential Income
Subdivision Name San Diego
Status Active
Directions Google/Apple Maps CrossStreet: Pringle St
City San Diego
Disclosures Incorporated
Senior Community Y/N false
Number Of Units Total 4
MLS Area 92110 - Old Town Sd
Listing Terms Cash Conventional FHA VA Loan
Spa Features None
Standard Status Active
Cap Rate 2.52
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InteriorTotal Stories 2
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 2
Spa true
Private Pool false
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* Excluded FeaturesList Byanthony@mendescompany.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $14,746
- 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 10%
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 | $2,395,000 | | Listed Price |