$2,089,000
$111K PRICE DROP

130 Ivy St San Diego, CA 92101

Bankers Hill Neighborhood

Estimated payment $13,471/month

Total Views 5,608
6 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

PRICE ADJUSTMENT! Matthews Real Estate is pleased to exclusively present the sale of 130 Ivy St. This is a 5-Unit property with (2) 2-bedrooms/1-bathroom units, (2) 1-bedroom/1-bathroom units, & one studio, in the Heart of Bankers Hill. This property is located in one of the most premier neighborhoods in San Diego. A walker’s paradise & Walk Score (95), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. This is a flexible investment opportunity to either continue to operate as long-term rentals with upside captured by turning over units and increasing rents to market (approximately 24% rental upside) or transitioning the investment to operate as short term rentals Ample Parking, with 6 off street spaces and 2 car garages. With significant improvements being made to Bankers Hill, the location is irreplaceable. It is a huge opportunity to have a long-term appreciation investment, while updating the original character of the building.

Listing Agent

Michael Kasser

Daniel W. Withers License #02105892 Listed on: 05/19/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1928

Home Design

  • Stucco Exterior

Additional Features

  • 2-Story Property
  • 5,001 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 533-185-06-00

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • Net Operating Income $78,895

Property Details

Home Type

Multi-Family

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Metro Central
  • Cross Street: Ivy St
  • LP / Sq Ft: 21.54
  • Stories: 2 Story
  • Total Stories: 2
  • Year Built: 1928
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco

Condo/Co-op/Association

  • Community: SAN DIEGO

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 533-185-06-00
  • Estimated Lot Sq Ft: 5001

Multi Family

  • No. of Units: 5
  • Actual Net Operating Income: 78895
  • Annual Expense Actual: 61721
  • Annual Expense Projected: 62876
  • Gross Rent Multiplier Actual: 14.26
  • Gross Rent Multiplier Projected: 12.61
  • Gross Sched Income Actual: 139236
  • Gross Sched Income Projected: 167400
  • Number Of Buildings: 3
  • Number Of Units With Cooling: 5
  • Number Of Units With Dishwashers: 5
  • Number Of Units With Dryers: 4
  • Number Of Units With Fireplaces: 4
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 5
  • Number Of Units With Refrigerator: 5
  • Number Of Units With Washers: 4

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $2,089,000 -5.0% --
05/19/2025 05/19/25 For Sale $2,199,999 -- --
Source: San Diego MLS

Similar Homes in San Diego, CA

  • 3700 Third Ave, San Diego, CA 92103

    $2,400,000

    • 5 Beds
    • 5 Baths
    • 2,555 Sq Ft
    • 3700 Third Ave
    • San Diego, CA

    Unlock exceptional earning potential with this extensively renovated multi-unit asset in the heart of Hillcrest, one of San Diego’s most walkable and high-demand rental market. This standout property features three beautifully updated units including a brand-new, fully permitted ADU with its own single-car garage and private parking. Each unit has been thoughtfully redesigned with high-end

    David Weis Compass

    Section Image
  • 4876-78 34th St, San Diego, CA 92116

    $1,725,000

    • 4 Beds
    • 4 Baths
    • 2,064 Sq Ft
    • 4876-78 34th St
    • San Diego, CA

    Versatile and turn-key, this beautifully upgraded 2-on-1 property in Normal Heights is perfect for multi-generational living or income-producing investment. Live in one and rent the other, rent both, or create the ideal setup for extended family—this property offers flexibility and value in one of San Diego’s most sought-after neighborhoods. Situated north of Adams Avenue, in the heart of

    Jerry Linney First Team Real Estate

    Section Image
  • 233 Hawthorn St, San Diego, CA 92101

    $1,900,000

    • 6 Beds
    • 4 Baths
    • 3,608 Sq Ft
    • 233 Hawthorn St
    • San Diego, CA

    Incredible opportunity to acquire a rare 9-unit multifamily portfolio (being sold with 2070 Third St) in the heart of Bankers Hill—one of San Diego’s most sought-after and walkable neighborhoods. This offering includes two adjacent parcels being sold together, each with 4 traditional residential units plus one featuring a non-conforming studio. Originally built in 1912 and thoughtfully renovated

    Aaron Marcusmillichap Marcus & Millichap

    Section Image
  • 2070 Third Ave, San Diego, CA 92101

    $1,900,000

    • 6 Beds
    • 4 Baths
    • 3,608 Sq Ft
    • 2070 Third Ave
    • San Diego, CA

    Incredible opportunity to acquire a rare 9-unit multifamily portfolio (being sold with 233 Hawthorn St) in the heart of Bankers Hill—one of San Diego’s most sought-after and walkable neighborhoods. This offering includes two adjacent parcels being sold together, each with 4 traditional residential units plus one featuring a non-conforming studio. Originally built in 1912 and thoughtfully

    Aaron Marcusmillichap Marcus & Millichap

    Section Image
  • 2805 State St, San Diego, CA 92103

    $1,625,000

    • 4 Beds
    • 3 Baths
    • 1,910 Sq Ft
    • 2805 State St
    • San Diego, CA

    Welcome to Mission Hills! This charming, 3 unit bungalow craftsman offers unlimited options! Current unit mix offers a 2 bed, 1 bath main house. A 1 bed, 1 bath unit attached to the main house, and a studio unit above the 2 car garage. Views of the bay, downtown, and canyon from the studio unit and potential for HUGE VIEWS with additional building. Located in the coveted tier 3, 6.5 FAR location

    Jackson Archie Pacific Plains Realty

    Section Image
  • 2948-54 Reynard Way, San Diego, CA 92103

    $2,100,000

    • 8 Beds
    • 5 Baths
    • 3,200 Sq Ft
    • 2948-54 Reynard Way
    • San Diego, CA

    Welcome to Mission Hills and this outstanding investment opportunity! This 5-Unit property offers major investment potential. Centrally located, within minutes of Hillcrest, Little Italy, Balboa Park, and Downtown Gaslamp. Experience the best of urban living near restaurants, popular coffee shops, fun bars, large parks, and vibrant nightlife! This multi-unit property offers two 1-bedroom units

    Doug Canaris Coldwell Banker West

    Section Image
  • 1040 W Redwood St, San Diego, CA 92103

    $2,275,000

    • 4 Beds
    • 2 Baths
    • 1040 W Redwood St
    • San Diego, CA

    Located in the heart of Mission Hills, 1040-42 Redwood Street offers a rare blend of existing income and future development upside. The property features a fully rented duplex comprised of two spacious 2-bedroom, 1-bathroom units with a detached garage, generating steady in-place income from day one. Set on an approximately 8,749 SF lot (87.5’ x 100’), the site is zoned RM-2-5 with a CCHS Tier 3

    Aaron Marcusmillichap Marcus & Millichap

    Section Image
  • 3109 Hawk St, San Diego, CA 92103

    $1,799,000

    • 4 Beds
    • 3 Baths
    • 1,994 Sq Ft
    • 3109 Hawk St
    • San Diego, CA

    Perched atop a scenic hillside in coveted South Mission Hills, 3109 Hawk Street blends modern comfort with timeless San Diego charm. This fully renovated luxury home offers panoramic canyon views from three expansive patios and a rare mix of tranquility, elegance, and income potential—just minutes from the City's top dining, shopping, and cultural spots. Inside the sun-soaked main residence, a

    Keegan Wetzel Real Broker

    Section Image
  • 768 17th St, San Diego, CA 92101

    $1,795,000

    • 6 Beds
    • 4 Baths
    • 2,842 Sq Ft
    • 768 17th St
    • San Diego, CA

    Just blocks from Petco Park and the Gaslamp Quarter with quick access to I-5 and Hwy 94, this beautifully upgraded 4-unit property offers a rare blend of historic charm and modern functionality. The two lower units include private side yards and dedicated parking, while the two top 1-bed/1-bath units feature a penthouse with a walk-in closet and private balcony. All units enjoy access to a

    Hayley Johnson Coldwell Banker West

    Section Image
See All Homes in San Diego

Source: San Diego MLS

MLS Number: 250027938

San Diego MLS

APN: 533-185-06-00

California San Diego County San Diego 92101 Bankers Hill

130 Ivy St, San Diego, CA

This home is located at 130 Ivy St, San Diego, CA 92101 and is currently priced at $2,089,000. This property was built in 1928. 130 Ivy St is a home located in San Diego County with nearby schools including Washington Elementary School, Roosevelt International Middle School, and Museum School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

San Diego MLS This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property.
BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly
prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.

Nearby Homes
Michael Kasser
Listing Agent
Michael Kasser
Section Image
Daniel W. Withers
(808) 769-0607