3129 Emerson Street San Diego, CA $ 3,350,000
3129 Emerson Street
$ 3,350,000
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3129 Emerson Street

San Diego, CA, 92106
$ 3,350,000
Bedrooms-- Baths--

Monthly Estimate*

$ 23,138

Listed by Conor Brennan, Conor Brennan, Broker, Conor.Brennan@cbre.com
3129 Emerson Street, San Diego, CA 92106 - Image 1
3129 Emerson Street, San Diego, CA 92106 - Image 2
3129 Emerson Street, San Diego, CA 92106 - Image 3
3129 Emerson Street, San Diego, CA 92106 - Image 4
3129 Emerson Street, San Diego, CA 92106 - Image 5
3129 Emerson Street, San Diego, CA 92106 - Image 6
3129 Emerson Street, San Diego, CA 92106 - Image 7
3129 Emerson Street, San Diego, CA 92106 - Image 8
3129 Emerson Street, San Diego, CA 92106 - Image 9
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Commercial Property for sale in San Diego, CA

for $3,350,000.

pleased to present 3129 Emerson Street, San Diego, CA — a fully renovated six-unit multifamily asset located in the highly desirable coastal enclave of Point Loma. This turnkey property features a favorable unit mix of two (2) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units, combining classic mid-century construction with modern interior finishes designed to meet the expectations of today’s renters. Originally built in 1989, the property has undergone a comprehensive renovation, with each unit showcasing high-end design elements including stainless steel appliances, contemporary tile backsplashes, in-unit laundry, luxury vinyl plank flooring, and sleek glass shower enclosures. The result is a clean, modern living experience that supports premium rental rates with minimal near-term capital requirements. Positioned on a quiet residential street in Point Loma, one of San Diego’s most supply-constrained and in-demand rental markets, 3129 Emerson Street offers investors a rare opportunity to acquire a fully stabilized asset with strong in-place income and continued upside through organic rent growth. The property’s thoughtful renovations and low-maintenance operations appeal to a wide range of investors — whether seeking immediate cash flow, portfolio diversification, or long-term appreciation in a core coastal submarket.

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Commercial Active

Price

$ 3,350,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260011451SD

Days on Market

154

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Operating Expense 74268
Property Type Commercial Sale
Status Active
City San Diego
Number Of Units Total 6
MLS Area 92106 - Point Loma
Virtual Tour https://www.propertypanorama.com/instaview/snd/260011451
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 4.19
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Interior
Air Conditioning Y/N true
Heating Y/N false
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 1
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* Excluded Features
List By
Conor Brennan

Listing Agent

Conor Brennan, Broker

Broker

Conor.Brennan@cbre.com

Email

Affordability Calculator

$23,138
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,138
Monthly Property Taxes
--
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/12/2026$3,350,000 Listed Price

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3129 Emerson Street, San Diego, CA, 92106 is a Commercial Property for sale at $3,350,000. The property's zip code is 92106 which is in San Diego, CA