942 23rd St San Diego, CA $ 1,950,000
942 23rd St
$ 1,950,000
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942 23rd St

San Diego, CA, 92102
$ 1,950,000
Bedrooms-- Baths--

Monthly Estimate*

$ 12,006

Listed by Bridgepoint Realty Inc
942 23rd St, San Diego, CA 92102 - Image 1
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Commercial Property for sale in San Diego, CA

for $1,950,000.

23rd St is a prime investment opportunity offering a turnkey asset with immediate cash flow. This multifamily property,comprises five legal and one nonconforming unit with a mix of four 1-bedroom/1-bathroom units, one studio, and one 1-bedroom/2-bathroom unit. The property hosts a fully modernized living experience for residents. Six total units. The most compelling aspect of this offering is its comprehensive 2021 renovation and proven performance as a furnished rental with strong in-place income. The property features modernized kitchens, smart locks, mini-split HVAC systems, and fully paid solar panels, along with an expansive outdoor entertaining area complete with a BBQ, outdoor kitchen, gas firepit, and spa.

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Commercial Active

Price

$ 1,950,000

Property Type

Commercial

Taxes

$ 0

Style

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

260011570SD

Days on Market

25

Features
General
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Roof Composition
HOA Fee 0
Construction Materials Stucco
Property Subtype Mixed Use
County San Diego
Net Operating Income 102360
Operating Expense 61112
Property Type Commercial Sale
Status Active
City San Diego
Number Of Units Total 5
MLS Area 92102 - San Diego
Virtual Tour https://www.propertypanorama.com/instaview/snd/260011570
Standard Status Active
Property Sub Type Additional Mixed Use
Cap Rate 5.11
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Total Parking 0
Number of Buildings 2
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* Excluded Features
List By
Bridgepoint Realty Inc

Broker

kohl@scc1031.com

Email

Affordability Calculator

$12,006
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,006
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
5/26/2026$1,950,000 Listed Price

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942 23rd St, San Diego, CA, 92102 is a Commercial Property for sale at $1,950,000. The property's zip code is 92102 which is in San Diego, CA