Gina Barnes
Compass
(619) 313-5397
112 Total Sales
27 in Bankers Hill
$629K - $5.1M Price Range
2311 State St San Diego, CA 92101
Bankers Hill Neighborhood
4
Beds
2
Baths
2,339
Sq Ft
1925
Built
About This Home
As of October 2025Pleased to exclusively present this 2-Unit property with (2) 2-bedrooms/1-bathroom units in Bankers Hill, with one of the units being Non-Conforming. This property is zoned commercial, CC-3-4, which has multiple uses per city zoning code. Opportunities for retail, office and a potential third unit would be ideal for this location. A walker’s paradise & Walk Score (91), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. The units are significantly below market. A new buyer can capitalize on bringing rents up, with approximately 83% rental upside. This is an ideal site for short-term rental located just across the Highway from Little Italy. Bankers Hill is seeing lots of activity in relation to new apartment development positioning this properties location for long term growth.
Last Agent to Sell the Property
Daniel W. Withers License #02105892 Listed on: 05/15/2025
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1925
Interior Spaces
- 4 Bedrooms
- 2,339 Sq Ft Home
- 2-Story Property
Utilities
- Central Air
Listing and Financial Details
- Tenant pays for electricity, gas/propane
Community Details
Overview
- 2 Units
- Duplex Community
- Downtown Area Subdivision
Building Details
- Operating Expense $22,775
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Bankers Hill, CA
-
Gina Barnes
-
Katy Kingery
Katy Kingery
Responds QuicklyJuanaca Home Team, Inc
(858) 768-8854
81 Total Sales
1 in Bankers Hill
$477,500 Price
-
Michael Panissidi
Michael Panissidi
Coldwell Banker West
(858) 267-4332
37 Total Sales
2 in Bankers Hill
$875,000 Price Range
-
Martha Barragan
Martha Barragan
Responds QuicklyHunter & Maddox Intl. Inc.
(619) 489-7203
15 Total Sales
1 in Bankers Hill
$530,000 Price
-
Michael Ciampa
Michael Ciampa
Real Broker
(858) 264-2450
50 Total Sales
1 in Bankers Hill
$1,060,000 Price
-
Jeffrey Sill
Jeffrey Sill
Compass
(858) 346-5397
67 Total Sales
1 in Bankers Hill
$1,750,000 Price
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/14/2025 10/14/25 | Sold | $900,000 | -5.3% | $385 / Sq Ft |
| 09/18/2025 09/18/25 | Pending | -- | -- | -- |
| 09/16/2025 09/16/25 | Price Changed | $950,000 | -4.5% | $406 / Sq Ft |
| 09/16/2025 09/16/25 | For Sale | $995,000 | 0.0% | $425 / Sq Ft |
| 09/01/2025 09/01/25 | Pending | -- | -- | -- |
| 07/30/2025 07/30/25 | For Sale | $995,000 | 0.0% | $425 / Sq Ft |
| 07/21/2025 07/21/25 | Pending | -- | -- | -- |
| 07/14/2025 07/14/25 | Price Changed | $995,000 | -16.7% | $425 / Sq Ft |
| 05/27/2025 05/27/25 | For Sale | $1,195,000 | -- | $511 / Sq Ft |
Source: San Diego MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $5,965 | $483,786 | $390,150 | $93,636 |
| 2025 | $4,537 | $474,300 | $382,500 | $91,800 |
| 2024 | $4,537 | $367,002 | $165,565 | $201,437 |
| 2023 | $4,437 | $359,807 | $162,319 | $197,488 |
| 2022 | $4,319 | $352,753 | $159,137 | $193,616 |
| 2021 | $4,290 | $345,837 | $156,017 | $189,820 |
| 2020 | $4,238 | $342,292 | $154,418 | $187,874 |
| 2019 | $4,163 | $335,582 | $151,391 | $184,191 |
| 2018 | $3,893 | $329,003 | $148,423 | $180,580 |
| 2017 | $3,801 | $322,553 | $145,513 | $177,040 |
| 2016 | $3,741 | $316,229 | $142,660 | $173,569 |
| 2015 | $3,686 | $311,480 | $140,518 | $170,962 |
| 2014 | $3,628 | $305,380 | $137,766 | $167,614 |
Source: Public Records
Agents Affiliated with this Home
-
Michael Kasser
Seller's Agent in 2025
Michael Kasser
Daniel W. Withers
(808) 769-0607
2 in this area
4 Total Sales
Map
Source: San Diego MLS
MLS Number: 250028621
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