$2,895,000

Estimated payment $18,304/month

Total Views 1,874
5 Beds
4 Baths
5,760 Sq Ft
$503 Price per Sq Ft

About This Home

Pleased to present 904-14 24th Street, an exceptional 8-unit apartment complex in the Western Slopes of San Diego’s vibrant Golden Hill neighborhood. Built in 1910, this historic property offers timeless charm and substantial value-add potential, with a coveted Walk Score of 89 reflecting its pedestrian friendly location. Spanning two parcels totaling 7,609 square feet and featuring approximately 5,760 rentable square feet, the asset boasts a diverse unit mix: one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1- bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors have been thoughtfully maintained, showcasing built-in storage, vaulted ceilings, original hardwood floors, and abundant natural light from large windows. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused lot spaces between the buildings could allow for the potential construction of an ADU further increasing density and rental income. Ideally situated less than a block from Broadway, residents enjoy seamless access to Golden Hill’s eclectic dining, shopping, and cultural scene, with Balboa Park and major freeways (I-5 and SR-94) just moments away. This rare offering represents a prime opportunity to acquire a stabilized, income-producing asset with significant rental growth in one of San Diego’s most sought-after submarkets.

Listing Agent

Ben Sierpina

Marcus & Millichap License #02062416 Listed on: 09/15/2025

Co-Listing Agent

Raymond Choi

Marcus & Millichap License #01297138

Property Details

Home Type

  • Multi-Family

Home Design

  • 5,760 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms

Community Details

Overview

  • 3 Buildings
  • 8 Units

Building Details

  • Operating Expense $74,995

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • CapRate: 3.77
  • Co List Office Mls Id: 62951
  • Co List Office Mls Id: 62951
  • Living Area: 5760.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 5

Multi Family

  • Number Of Buildings: 3
  • Number Of Units Total: 8
  • Annual Operating Expense: 74995.0

Map

Range of Values:

Collateral Analytics

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ICE

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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
09/15/2025 09/15/25 For Sale $2,895,000 -- $503 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250038988

San Diego MLS

APN: 534-383-16-00