2720 Figueroa Boulevard San Diego, CA ^$ 2,495,000

2720 Figueroa Boulevard

^$ 2,495,000

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Recently Listed

2720 Figueroa Boulevard

San Diego, CA, 92109

^$ 2,495,000

Bedrooms-- Baths6.0 Sq 4,113

Monthly Estimate*

^$ 17,232

Listed by Reese Nickell, Freedom Realty, reeseknickell@gmail.com

2720 Figueroa Boulevard, San Diego, CA 92109 - Image 1

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Multi-Family Home for sale in San Diego, CA

for $2,495,000 with 6 full baths. This 4,113 square foot home was built in 1969 on a lot size of 0.113.

Turnkey and meticulously maintained, this fully renovated 6-unit multifamily asset positioned at a 5.02% cap rate and offers a uniform mix of 2-bed/1-bath units with eight parking spots. Ideally located with quick freeway access and just a few blocks from Mission Bay Golf Course and the bay, the property appeals to tenants seeking both everyday convenience and a lifestyle-driven location. With a low vacancy and an attractive going-in yield, this offering presents a compelling opportunity for investors seeking stable, well-located cash flow in one of San Diego's most desirable and developing pockets.

Multi-Family Active

Price

^$ 2,495,000

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.113

Year Built

1969

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2607496

Days on Market

Features

General

Sewer Public Sewer

Zoning R-3:Restricted Multiple

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 1969

Gross Income 188895

Community Features Golf Park Street Lights Sidewalks

County San Diego

Net Operating Income 125160

Operating Expense 63735

Insurance Expense 3500

Property Type Residential Income

HOA false

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions GPS

City San Diego

Entry Location Front and back

Senior Community Y/N false

Open Parking Spaces 8

Number Of Units Total 6

MLS Area 92109 - Pacific Beach

Lot Size Units Square Feet

Lot Size Square Feet 4921

Listing Terms Cash 1031 Exchange Submit

Property Attached Y/N false

Land Lease Y/N false

Electric Expense 1743

Fuel Expense 0

Trash Expense 4800

Water Sewer Expense 3552

Rent Control Y/N false

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607496

Standard Status Active

Tax Lot 08001

Taxes 31188

Cap Rate 5.02

Interior

Total Stories 2

Common Walls No 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

Exterior

Parking Features One Space

Lot Features 0-1 Unit/Acre

Total Parking 8

Lot Size Area 4921

Number of Buildings 1

Spa false

Building Area Total 4113

Lot Size Acres 0.113

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 1

Number of Separate Electric Meters 6

* Excluded Features

List By

Reese Nickell

Listing Agent

Freedom Realty

Broker

reeseknickell@gmail.com

Affordability Calculator

$17,232

Per Month

Monthly Principal & Interest: $17,232
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,167,514

Percent of Sale Price 13%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/5/2026	$2,495,000		Listed Price

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2720 Figueroa Boulevard, San Diego, CA, 92109 is a Multi-Family Home for sale at $2,495,000 with 4,113 sqft and a lot size of 0.113. 2720 Figueroa Boulevard has 6.0 baths and was built in 1969. The property's zip code is 92109 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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2720 Figueroa Boulevard

Multi-Family Home for sale in San Diego, CA

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