$1,368,000

2567-69 L St San Diego, CA 92102

Grant Hill Neighborhood

Estimated payment $8,650/month

Total Views 4,150
8 Beds
4 Baths
2,468 Sq Ft
$554 Price per Sq Ft

Highlights

  • Property is Fully Fenced
  • Heating System Uses Natural Gas
  • 3-minute walk to 25Th & Commercial

About This Home

Your Chance to Own an Income-Producing 4-Unit in the Heart of Sherman Heights. Welcome to 2567–69 L Street, an exceptional opportunity to acquire a well-located multifamily property just blocks from Downtown San Diego. Perfectly positioned within walking distance to restaurants, bars, and cafes, this property combines strong current income with significant value-add potential. The property sits on a large 7,089 sq. ft. lot, offering owner occupy or investors the option to build up or add an additional unit utilizing the existing garage. Current rents are below market, presenting immediate upside in rental income. The community consists of four units across two buildings, totaling 2,468 rentable sq. ft.: One 3 bed / 1 bath unit Two 2 bed / 1 bath units One 1 bed / 1 bath non-conforming unit Select units have already been upgraded with new tile flooring in kitchens and baths, granite countertops, modern appliances, and updated cabinetry. With its prime location, large lot, and under-market rents, 2567–69 L Street is a compelling investment opportunity for both immediate cash flow and long-term growth.

Listing Agent

Hannah Kuhami

LPT Realty,Inc License #02023639 Listed on: 08/20/2025

LPT Realty,Inc

Co-Listing Agent

Savanna Kuhami

LPT Realty,Inc License #01902593

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2006

Lot Details

  • Property is Fully Fenced

Parking

  • Alley Access

Home Design

  • 2,468 Sq Ft Home
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • Sherman Heights Community
  • San Diego Subdivision

Building Details

  • Operating Expense $3,600

Property Details

Home Type

Multi-Family

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 2006
  • Unit Levels: Other/Remarks
  • Property Sub Type: Res Income 2-4 Units
  • Security Features: N/K
  • CapRate: 6.4
  • Co List Office Mls Id: 993136
  • Co List Office Mls Id: 993136
  • Subdivision Name: SAN DIEGO
  • BuildingName: Sherman Heights
  • AgeRestrictions: N/K
  • ShortSale: No
  • Site: Alley Access
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Full Bathrooms: 4

Exterior Features

  • Fencing: Full
  • Roof: Composition
  • Construction Type: Wood/Stucco

Utilities

  • Cooling: Wall/Window
  • Heating: Combination Heating
  • Water Source: Meter on Property
  • HeatSource: Natural Gas

Rental Info

  • Tenant Pays: N/K

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Annual Operating Expense: 3600.0

Map

Range of Values:

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Average Value
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List 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 Prior Sale
08/20/2025 08/20/25 For Sale $1,368,000 +54.1% $554 / Sq Ft
05/11/2021 05/11/21 Sold $888,000 +7.6% $360 / Sq Ft View Prior Sale
03/31/2021 03/31/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $825,000 -- $334 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250036722

San Diego MLS
California San Diego County San Diego 92102 Grant Hill

2567-69 L St, San Diego, CA

This home is located at 2567-69 L St, San Diego, CA 92102 and is currently priced at $1,368,000, approximately $554 per square foot. This property was built in 2006. 2567-69 L St is a home located in San Diego County with nearby schools including Sherman Elementary School, Logan Memorial Educational Campus, and King-Chavez Academy Of Excellence.

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Hannah Kuhami
Listing Agent
Hannah Kuhami
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LPT Realty,Inc
(619) 419-6517