$2,395,000
SOLD OCT 1, 2025
15 Beds
10 Baths
-- Sq Ft
-- Built

Recently Sold

10% Below List Price

240 Days on Market

About This Home

As of October 2025

Once in a generation opportunity to acquire two adjacent parcels totaling 15,648 sqft spread across 6 structures. The buildings consist of 10 units with mixes split between detached cottages, duplexes, and a triplex. A 2 car garage attached to the triplex is being rented out that can easily be converted into an ADU. An additional storage area is being rented out as well between the detached cottages. The property has alley access with 4 assigned parking spaces (two in the front & two in the rear). The property sits in an opportunity zone giving buyers the chance to gain massive tax savings, and the option to build multiple new units (Buyer to do proper due diligence with city to confirm all facts). The rents have recently been raised with the property now bringing in $14,525/mo before expenses. Tenants are all on month to month lease agreements.

Last Agent to Sell the Property

Drew Rutledge

RE/MAX Connections License #02109019 Listed on: 09/30/2024

RE/MAX Connections

Co-Listed By

Steve Shulman

RE/MAX Connections License #01029642

Last Buyer's Agent

Out of Area Out of Area

Out of Area

Property Details

Home Type

  • Multi-Family

Parking

  • 4 Parking Spaces

Home Design

Bedrooms and Bathrooms

  • 15 Bedrooms

Community Details

Overview

  • 6 Buildings
  • 10 Units

Building Details

  • 10 Leased Units
  • Operating Expense $13,000

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • Co List Office Mls Id: 991554
  • Co List Office Mls Id: 991554
  • NumofLeasedApartments: 10
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 15

Garage/Parking

  • Total Parking Spaces: 4.0

Multi Family

  • Number Of Buildings: 6
  • Number Of Units Total: 10
  • Annual Operating Expense: 13000.0

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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 Change Sq Ft Price
10/01/2025 10/01/25 Sold $2,395,000 0.0% --
05/29/2025 05/29/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $2,395,000 -4.2% --
10/30/2024 10/30/24 Price Changed $2,500,000 -5.7% --
09/30/2024 09/30/24 For Sale $2,650,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 240023164

San Diego MLS