528 Olive Street & 2820 6th Avenue San Diego, CA $ 5,250,000
528 Olive Street & 2820 6th Avenue
$ 5,250,000
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528 Olive Street & 2820 6th Avenue

San Diego, CA, 92103
$ 5,250,000
Bedrooms-- Baths--

Monthly Estimate*

$ 36,260

Listed by Austin Huffman, Marcus & Millichap, ahuffman@ipausa.com
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Commercial Property for sale in San Diego, CA

for $5,250,000.

We are pleased to present 6TH & Olive, an 18-unit multifamily offering situated at the cusp of Southern California's iconic Balboa Park. The uniquely positioned dual corner parcels at 528 Olive Street & 2820 6th Avenue create a distinctive cottage-style residential enclave in one of San Diego's most established and affluent urban neighborhoods, offering a living environment that stands in stark contrast to the area's growing inventory of large-scale apartment developments. Positioned directly across from Balboa Park and within walking distance of Bankers Hill & Hillcrest’s dining and entertainment district and Downtown San Diego, the property benefits from an exceptional location that continues to attract residents seeking an urban lifestyle that still honors neighborhood character & charm. The Bankers Hill/Hillcrest corridor has experienced substantial investment in recent years, with numerous luxury and ultra-luxury apartment communities reinforcing the strength of the rental market and supporting long-term rent growth. Unlike conventional multifamily assets, 6TH & Olive offers investors the opportunity to acquire a dual parcel property with architectural charm, a highly desirable low-density cottage-style layout, and meaningful value-add upside. The property’s unit mix includes six studio units averaging approximately 490 square feet and twelve one-bedroom/one-bathroom units averaging approximately 671 square feet, offering a practical floor plan composition tailored to the area’s renter base.

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Commercial Active

Price

$ 5,250,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260024760SD

Days on Market

2

Features
General
HOA Fee 0
Property Subtype Mixed Use
County San Diego
Operating Expense 134199
Property Type Commercial Sale
Status Active
Directions Property is fully occupied. Please contact listing agent: Jamison Wheeler Jamison.Wheeler@marcusmillichap.com (858) 373-3216
City San Diego
Number Of Units Total 18
MLS Area 92103 - Mission Hills
Standard Status Active
Property Sub Type Additional Mixed Use
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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 2
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* Excluded Features
List By
Austin Huffman

Listing Agent

Marcus & Millichap

Broker

ahuffman@ipausa.com

Email

Affordability Calculator

$36,260
Per Month
100%
0%
0%
Monthly Principal & Interest
$36,260
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
10/13/2026$5,250,000 Listed Price

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528 Olive Street & 2820 6th Avenue, San Diego, CA, 92103 is a Commercial Property for sale at $5,250,000. The property's zip code is 92103 which is in San Diego, CA