$2,400,000

1308 Locust St San Diego, CA 92106

Roseville-Fleetridge Neighborhood

Estimated payment $15,074/month

8 Beds
8 Baths
4,220 Sq Ft
$569 Price per Sq Ft

About This Home

Prime Point Loma 4-Unit Apartment Building – Steps to Shelter Island Exceptional opportunity to own a well-maintained 4-unit apartment building in one of Point Loma’s most desirable locations—just three blocks from Shelter Island. All four units are identical, spacious 1055 sq ft, 2-bed/2-bath floor plans, each with in-unit washer/dryer, generous living spaces, and private outdoor areas. The top-floor units feature vaulted ceilings that fill the interiors with natural light. The property is in excellent condition, with value-add potential through modernization and strategic updates. Rents are currently below market, offering immediate upside for investors. Property Highlights: 4 identical units – 1,550 sq ft each, 2 bed / 2 bath One unit is vacant and available to show; 3 units shown with offer Month-to-month tenants in all occupied units In-unit washer/dryer in every residence Vaulted ceilings & abundant natural light in top-floor units Lush, mature landscaping creates a serene, tree-house atmosphere Secure underground parking garage with ample parking Private storage rooms for each unit Premium Point Loma location near harbor, restaurants, marinas, and coastal amenities This is a rare chance to acquire a high-quality, income-producing asset with strong appreciation potential in one of San Diego’s most coveted coastal neighborhoods.

Listing Agent

Jeff Larabee

Larabee Real Estate License #01708883 Listed on: 11/20/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 5,053 Sq Ft Lot
  • Lot Dimensions are 102x50
  • Partially Fenced Property

Home Design

  • Clay Roof
  • Stucco

Interior Spaces

  • 8 Bedrooms
  • 4,715 Sq Ft Home
  • 2-Story Property

Community Details

Overview

  • 4 Units
  • Point Loma Subdivision

Pet Policy

  • Pets allowed on a case-by-case basis

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1991
  • Unit Levels: 2 Story
  • Property Sub Type: Res Income 2-4 Units
  • Lot Size: 102X50
  • Security Features: N/K
  • Co List Office Mls Id: 69600
  • Subdivision Name: POINT LOMA
  • BuildingName: N/A
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-11-22T13:28:44Z
  • AgeRestrictions: N/K
  • FullAddress: 1308-14 Locust St
  • ShortSale: No
  • SupplementRemarks: All photos are of the vacant unit. All units are similar in condition and layout.
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Total Bedrooms: 8

Exterior Features

  • Fencing: Partial
  • Roof: Tile/Clay
  • Construction Type: Stucco

Utilities

  • Cooling: N/K

Condo/Co-op/Association

  • Pets Allowed: Allowed w/Restrictions

Schools

  • Junior High Dist: San Diego Unified School Distric

Lot Info

  • Lot Size Sq Ft: 5053.0

Rental Info

  • Tenant Pays: N/K

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 4

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $2,400,000 -- $569 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250044460

San Diego MLS
California San Diego County San Diego 92106 Roseville-Fleetridge

1308 Locust St, San Diego, CA

For Sale

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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
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Jeff Larabee
Listing Agent
Jeff Larabee
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Larabee Real Estate
(619) 840-6280