3018 44th Street San Diego, CA $ 2,200,000
3018 44th Street
$ 2,200,000
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3018 44th Street

San Diego, CA, 92105
$ 2,200,000
Baths1.0 Sq 3,456

Monthly Estimate*

$ 13,891

Listed by Luda Phipps, Broker
3018 44th Street, San Diego, CA 92105 - Image 1
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Studio

Multi-Family Home for sale in San Diego, CA

for $2,200,000 with 1 full bath. This 3,456 square foot home was built in 1984 on a lot size of 0.192.

8-Unit Value-Add Opportunity in San Diego's City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego's oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it's one of the city's most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away.

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Multi-Family Active

Price

$ 2,200,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.192

Year Built

1984

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2606767

Days on Market

31

Features
General
Sewer Public Sewer
Zoning R-4:Multiple Residential
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1984
Tenant Pays Telephone
Gross Income 116083
Community Features Street Lights
County San Diego
Net Operating Income 81660
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions From Poplar St NE Turn Right on Redwood St Right at 44th
City San Diego
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 8
Number Of Units Total 8
MLS Area 92105 - East San Diego
Lot Size Units Square Feet
Lot Size Square Feet 8363
Number of Units Leased 8
Listing Terms Cash Conventional 1031 Exchange Submit
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 3551
Fuel Expense 0
Trash Expense 6942
Water Sewer Expense 135001
Additional Parcels Y/N false
Rent Control Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2606767 https://www.propertypanorama.com/instaview-tour/crmls/PTP2606767
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 5/24-26
Total Actual Rent 9524
Taxes 0
Cap Rate 4
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N false
Heating Y/N false
Fireplace Y/N false
Laundry Features Common Area
Entry Level 1
Total Baths 0
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Exterior
Lot Features 6-10 Units/Acre
Total Parking 8
Lot Size Area 8363
Number of Buildings 1
Spa false
Building Area Total 3456
Lot Size Acres 0.192
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 8
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* Excluded Features
List By
Luda Phipps, Broker

Broker

info@ludaphipps.com

Email

Affordability Calculator

$13,891
Per Month
100%
0%
0%
Monthly Principal & Interest
$13,891
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% 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
9/5/2026$2,200,000 Listed Price

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3018 44th Street, San Diego, CA, 92105 is a Multi-Family Home for sale at $2,200,000 with 3,456 sqft and a lot size of 0.192. 3018 44th Street is a studio with 1.0 baths and was built in 1984. The property's zip code is 92105 which is in San Diego, CA