2140 1st Avenue

pleased to exclusively present for sale 2140–2144 1st Avenue, a meticulously restored five-unit Victorian apartment community located in the prestigious Bankers Hill neighborhood of San Diego, California. Perched above Downtown San Diego with sweeping views of the city skyline, San Diego Bay, and Point Loma, the property offers a rare combination of historic architectural significance, irreplaceable location, and modernized living accommodations. Following an extensive restoration program, ownership has thoughtfully preserved the property’s timeless Victorian character while incorporating high-quality interior and exterior improvements that rival those found in luxury single-family residences. The property consists of four spacious one-bedroom residences and one studio apartment, with each unit featuring a unique floor plan and distinct architectural character. Recent improvements include a fully refreshed exterior, upgraded flooring, custom-designed kitchens and bathrooms, premium fixtures and finishes, expansive walk-in closets, and bay windows in select units that maximize natural light and capitalize on the property’s elevated setting. Residents further benefit from beautifully maintained grounds and a private landscaped backyard that enhances the overall residential experience. A substantial storage area beneath the building provides additional utility and flexibility for ownership. 2140 1st Avenue presents investors with a compelling opportunity to acquire a boutique multifamily asset in one of SD's most supply contrained and desirable urban neighborhoods.