Mission Hills Real Estate Search

Mission Hills Multi-Family Properties for Sale

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Newest Mission Hills Multi-Family Homes for Sale

$1,880,000
4 Beds 5 Baths 260018104 MLS ACTIVE Status 1265 Lincoln Ave BLDG.
Multi-Unit Craftsman Oasis in the heart of San Diego! Discover refined living in this meticulously reimagined Craftsman home, a turn-key sanctuary that seamlessly balances sophistication with California's coveted indoor-outdoor lifestyle. This multi-unit property represents the pinnacle of curated urban living within one of San Diego's most desirable neighborhood. Every room speaks to discerning taste. The heart of the home features a professional gourmet kitchen, a gas fireplace that anchors intimate gatherings upon entry, and an inspired speakeasy access that elevates entertaining. A dramatic nine-foot retractable glass door dissolves the boundary between interior spaces and your private outdoor sanctuary, the hallmark of SoCal living reimagined. The thoughtfully designed floor plan includes dual primary bedroom suites on the upper level, an entry-level guest quarters with full bath plus a fully appointed ADU that serves as the ideal flexible space: guest house, home office, or revenue-generating rental unit. Located mere steps from the Vermont Street Bridge, you're positioned at the intersection of urban convenience, Trader Joe's, Hillcrest Hub, and the neighborhood's vibrant cultural scene wrapped in suburban tranquility. Solar technology and low maintenance landscaping ensure your lifestyle is as effortless as it is elevated. For the engaged urbanite seeking substance alongside style, this is simply the cornerstone piece your life has been waiting for. Located in west University Heights, enjoy the livability of a suburban community feel within the city! Leisurely neighborhood walks, adventures to Balboa Park or a stroll across Vermont St bridge for shopping, meals and entertainment; this location offers it all! Perfect for the owner occupied investor looking for a move in ready home with the upside of a rear rental unit, multi generational families or the need for separate and independent home office!

1265-67 Lincoln Ave, Mission Hills

$3,795,000
15 Beds 9 Baths 260016439 MLS ACTIVE Status
4080 Georgia Street presents the rare opportunity to acquire a well-maintained 9-unit apartment community in the heart of Hillcrest, one of San Diego’s most dynamic and consistently desirable rental markets. Constructed in 1987, the property features an attractive unit mix of six one-bedroom/one-bathroom apartments and three spacious three-bedroom/one-bathroom apartments, offering broad appeal to a diverse tenant base. The property has been exceptionally cared for and includes numerous amenities that enhance tenant satisfaction, including gated entry, on-site laundry facilities, ample off-street parking with one dedicated space per unit, and two oversized two-car garages that provide additional parking, storage, or potential supplemental income. Importantly, the Seller has implemented a strong RUBS (Ratio Utility Billing) System, allowing for reimbursement of most utilities and contract services, improving operational efficiency and supporting more predictable net operating income. Built in 1987, the property benefits from relatively newer construction compared to much of the surrounding inventory, resulting in modern building systems and mechanical components with significant remaining service life. Combined with its excellent physical condition, this translates into lower anticipated maintenance and capital expenditures for future ownership. From an investment perspective, the property offers an outstanding opportunity to increase revenue through moderate rental adjustments while maintaining strong occupancy in one of San Diego’s most supply-constrained neighborhoods.

4080 Georgia St, Mission Hills

$2,750,000
10 Beds 9 Baths 260015484 MLS ACTIVE Status
6-unit apartment community located in the highly desirable neighborhood of University Heights in San Diego, California. Situated at 4173 Georgia Street, the property underwent a full renovation in 2019, and was expanded in 2023 with the addition of two newly constructed units. The property is situated on a 6,971 square foot lot and offers approximately 4,332 rentable square feet. The unit mix consists of a favorable unit mix the features (3) one-bedroom / one-bathroom units, (2) two-bedroom / two-bathroom units, and (1) three-bedroom / two-bathroom unit. Each unit is equipped with split AC and heating systems, with select units offering private patios or yard space. Two units include in-unit laundry, while the remaining units share on-site laundry facilities. The property also provides 3 off-street parking spaces. University Heights is centrally located within San Diego and continues to experience strong rental demand, offering investors attractive long-term rent growth potential. The property is fully stabilized and presents a compelling opportunity for investors seeking consistent cash flow with future upside. Located within walking distance to some of San Diego’s most popular bars, restaurants, and retail destinations, the property boasts an impressive Walk Score of 95. Positioned at the crossroads of three of San Diego’s most sought-after rental markets—University Heights, Hillcrest, and North Park—the asset benefits from exceptional location fundamentals and long-term investment appeal.

4177 Georgia St, Mission Hills

$3,200,000
8 Beds 11 Baths 260015306 MLS ACTIVE Status
Prime investment opportunity! High-quality, turn-key 4-plex perfectly situated on the desirable Hillcrest side of University Heights. You walk to the best Hillcrest has to offer, steps to the Pride/Normal Street Promenade! This exceptional property is a true investment jewel, featuring a luxury triplex constructed new in 2020 alongside a completely and beautifully rehabilitated classic Craftsman bungalow.The entire property is lushly and professionally landscaped, offering fantastic curb appeal. The 3 modern triplex units are bright, sunny, and spacious, each boasting a thoughtful 2-bedroom, 2.5-bathroom floor plan. These units feature high-end designer kitchens and baths, central forced air conditioning, and full-sized in-unit laundry for maximum tenant comfort. For ultimate convenience and security, an automatic gate accessible via the alley opens to a large, secure parking area providing access to 3 two-car garages. Each triplex unit enjoys a private interior entrance directly from its garage. In total, the property features 7 off-street parking spaces—an incredibly valuable asset in this high-demand, growing neighborhood. The charming detached front Craftsman house is a character-rich 2-bedroom, 2-bathroom home that includes one dedicated parking space. Financial information is 2025 actual income and expenses. Additional income includes a consistent utility water and trash pass-through program. Unit 1 will be readily available for showings for the next two weeks only. Don't miss out on this pristine, low-maintenance asset in one of San Diego’s best rental markets!

4250-52 Cleveland St, Mission Hills

$4,890,000
260013332 MLS ACTIVE Status
Incredibly rare mixed-use trophy property located at the corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes. Situated on a prime corner lot with dual street frontage, this exceptional asset offers strong in-place income, pride of ownership, and long-term investment potential in one of San Diego’s most desirable neighborhoods. The property consists of five units, including a professional office space and four residential units. The front corner office, designed to resemble a classic historic home, is leased under a long-term agreement with annual rent increases. The residential units have been extensively remodeled and professionally designed, creating a turnkey investment with strong rental appeal. Two units were completely rebuilt from the ground up in 2024. Major capital improvements include all-new electrical, plumbing, insulation, HVAC systems, electrical meters, and a state-of-the-art fire sprinkler system throughout. Several units feature upgraded kitchens, designer finishes, modern flooring, and remodeled bathrooms. The upper unit enjoys bay and city views, while tenants share a beautifully landscaped courtyard. Mixed-use zoning provides flexibility for investors or owner-users. Ideally located near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city's best dining and cultural attractions, this is a rare opportunity to acquire a fully upgraded mixed-use asset in one of San Diego’s premier neighborhoods. Incredibly rare mixed-use trophy property located at the prestigious corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes and architecture. Positioned on a prime corner lot with dual street frontage, this exceptional asset offers a rare blend of residential charm, strong in-place income, and long-term investment upside in one of San Diego’s most sought-after neighborhoods. The property consists of a professional office space in the front corner unit, designed to resemble a classic historic home, currently leased under a long-term agreement with built-in annual rent increases. The remaining four residential units are fully remodeled and professionally designed, creating a turnkey pride-of-ownership asset with strong rental appeal. Two of the residential units were completely rebuilt from the ground up in 2024 with high-end construction and modern systems throughout. Extensive capital improvements include all new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system servicing the entire property. Several units feature upgraded kitchens, designer finishes, modern flooring, and updated baths. The upstairs unit enjoys beautiful bay and city views, while all tenants share access to a lushly landscaped common courtyard that creates a private and tranquil atmosphere rarely found in urban multifamily properties. The mixed-use zoning offers exceptional flexibility for investors, owner-users, short-term rental strategies where permitted, or long-term hold scenarios in a premier walkable location near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city’s best dining and cultural attractions. Opportunities to acquire a fully upgraded mixed-use asset of this caliber in Bankers Hill are exceptionally limited.

110 Maple, Mission Hills

$3,150,000
11 Beds 8 Baths 260012514 MLS ACTIVE Status
Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself. Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself.

3602-08 Indiana St, Mission Hills

$1,925,000
6 Beds 5 Baths 260012356 MLS ACTIVE Status N/A BLDG.
Welcome to 802–06 Sutter Street, a rare Mission Hills triplex with a charming detached single-family residence plus two rear cottages. Situated in a neighborhood dominated by low-density, high-end single-family homes, income properties of this caliber almost never come to market here — making this an exceptional ownership opportunity at an attainable entry point for the savvy investor or owner-occupant buyer alike. The front house — a 2-bedroom, 1.5-bath home with a private backyard — will be delivered vacant in June 2026, creating a turnkey owner-occupant opportunity. Move in, enjoy one of San Diego's most coveted addresses, and let the two rear detached cottages (2BD/1BA and 2BD/1.5BA) generate income from day one. The rear cottages offer compelling rental upside through light cosmetic renovations — think fresh finishes and updated kitchens that can meaningfully lift rents in a neighborhood where demand perennially outpaces supply. Mission Hills consistently attracts quality long-term renters & owners drawn to its walkability, character architecture, and proximity to Little Italy, Hillcrest, and Balboa Park. Looking further ahead, the site presents future ADU potential — adding a unit could maximize the land's income-generating capacity and drive significant long-term appreciation. Welcome to 802–06 Sutter Street, a rare Mission Hills triplex with a charming detached single-family residence plus two rear cottages. Situated in a neighborhood dominated by low-density, high-end single-family homes, income properties of this caliber almost never come to market here — making this an exceptional ownership opportunity at an attainable entry point for the savvy investor or owner-occupant buyer alike. The front house — a 2-bedroom, 1.5-bath home with a private backyard — will be delivered vacant in June 2026, creating a turnkey owner-occupant opportunity. Move in, enjoy one of San Diego's most coveted addresses, and let the two rear detached cottages (2BD/1BA and 2BD/1.5BA) generate income from day one. The rear cottages offer compelling rental upside through light cosmetic renovations — think fresh finishes and updated kitchens that can meaningfully lift rents in a neighborhood where demand perennially outpaces supply. Mission Hills consistently attracts quality long-term renters & owners drawn to its walkability, character architecture, and proximity to Little Italy, Hillcrest, and Balboa Park. Looking further ahead, the site presents future ADU potential — adding a unit could maximize the land's income-generating capacity and drive significant long-term appreciation.

802-6 Sutter St, Mission Hills

$2,799,900
6 Beds 5 Baths 260011969 MLS ACTIVE Status - BLDG.
A rare 3-unit Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,850/mo each on month-to-month leases; projected market gross $17,000/mo. Three single garages currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay. Banker’s Hill is one of San Diego’s most sought-after uptown neighborhoods, perched on the bluff between Balboa Park and the bay with Hillcrest just to the north and Little Italy steps to the south. The 112 to 120 Redwood Street homes sit on the quieter, west-facing side of this affluent enclave, where tree-lined streets, historic Craftsman and Victorian architecture, and modern luxury builds combine to create a walkable lifestyle that’s hard to replicate anywhere else in the city. Owners here trade the typical suburban routine for morning walks through Balboa Park’s 1,200 acres of museums, gardens, and trails, evenings at neighborhood staples like Cucina Urbana and Mister A’s, and weekend strolls across the historic Spruce Street Suspension Bridge or down the hill to Little Italy’s Saturday farmers market. With sweeping views toward the bay, Coronado, and the Downtown skyline, immediate access to the I-5 and the 163, and a quick drive to the airport, Gaslamp, and the Coronado Bridge, Redwood Street delivers the rare combination buyers chase in central San Diego: a quiet residential street, an elevated city perspective, and a neighborhood that genuinely upgrades daily life.

112-120 E Redwood St, Mission Hills

$2,495,000
26284 Beds 13142 Baths 260010068 MLS ACTIVE Status
Opportunity to acquire a well-maintained, 3-story, six-unit apartment property on Columbia Street, ideally situated between Mission Hills, Little Italy, and Bankers Hill. The property consists of two buildings. The front building at 2801–2807 Columbia Street features four spacious two-bedroom, one-bath units, three garages, and a shared laundry facility. The rear building at 962–964 W. Olive Street—accessed via a walkway along the south side of the property—offers two additional two-bedroom, one-bath units. All six residences provide over 900 square feet of living space and feature neutral finishes, abundant natural light, and private outdoor areas that enhance tenant appeal. The property is thoughtfully equipped with a new water heater, upgraded electrical panels, central forced heating, dual-pane windows, and hardwood flooring. Five of the six units boast west-facing balconies with sweeping views of the downtown San Diego skyline, San Diego Bay, and the Pacific Ocean. Residents can take in stunning sunsets, coastal breezes, and even watch planes arrive and depart—creating a uniquely dynamic urban-coastal living experience. This asset has demonstrated strong appeal to long-term tenants, contributing to stable occupancy and consistent cash flow. Its highly desirable location and unit mix position it for continued long-term appreciation in one of San Diego’s most sought-after rental markets. Tenants are responsible for the majority of utilities per their lease terms, while ownership covers water, hot water, and trash.

2801-7 Columbia St, Mission Hills

$1,495,000
4 Beds 3 Baths PTP2603027 MLS ACTIVE Status
Two homes available in University Heights. Nestled in one of San Diegos most walkable neighborhoods this recently renovated duplex offers the perfect blend of style, comfort, and versatility. Featuring two separate detached homes, live in one home and rent the other! Located just steps away from premier shopping, dining, and the Hillcrest farmers market- which offers fresh produce and artisanal goods every Sunday. The main residence is a 3-bedroom 2-bathroom home. Enjoy a rare ground level laundry and storage room with an extra 500 square feet of potential living space, convert it into your office or private gym or a studio apartment for even more flexibility. The second home is a charming 1-bedroom 1-bathroom home with approximately 500 sq ft of living space, its own private outdoor space, and convenient alley parking. Creatively painted to fit the spirit of the neighborhood, it would be ideal for a themed short term rental, private guest house, or income-generating long-term lease. Live luxuriously while generating passive income, accommodating extended family, or simply enjoying the flexibility of a dual-living estate - opportunities like this are rare. Two homes available in University Heights. Nestled in one of San Diegos most walkable neighborhoods this recently renovated duplex offers the perfect blend of style, comfort, and versatility. Featuring two separate detached homes, live in one home and rent the other! Located just steps away from premier shopping, dining, and the Hillcrest farmers market- which offers fresh produce and artisanal goods every Sunday. The main residence is a 3-bedroom 2-bathroom home. Enjoy a rare ground level laundry and storage room with an extra 500 square feet of potential living space, convert it into your office or private gym or a studio apartment for even more flexibility. The second home is a charming 1-bedroom 1-bathroom home with approximately 500 sq ft of living space, its own private outdoor space, and convenient alley parking. Creatively painted to fit the spirit of the neighborhood, it would be ideal for a themed short term rental, private guest house, or income-generating long-term lease. Live luxuriously while generating passive income, accommodating extended family, or simply enjoying the flexibility of a dual-living estate - opportunities like this are rare.

4259-61 Maryland St, Mission Hills

$3,250,000
8 Beds 4 Baths 260007304 MLS ACTIVE Status N/A BLDG.
Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.

801-807 Torrance St, Mission Hills

$2,500,000
4 Beds 4 Baths PTP2601938 MLS ACTIVE Status
Location, location, location, these phenomenal units in hillcrest must not be missed! 4217-21 3rd Avenue is a 5-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 3900 sq ft. These units feature new upgrades and laundry facilities in every unit providing added convenience for residents. The property is composed of two buildings: one 2 story fourplex and a detached single-level 2bed/1 bath home. This investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living with rental income. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth. Location, location, location, these phenomenal units in hillcrest must not be missed! 4217-21 3rd Avenue is a 5-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 3900 sq ft. These units feature new upgrades and laundry facilities in every unit providing added convenience for residents. The property is composed of two buildings: one 2 story fourplex and a detached single-level 2bed/1 bath home. This investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living with rental income. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

4217-21 3rd Ave, Mission Hills

$965,000
2 Beds 2 Baths FR26048071 MLS ACTIVE Status
EXCELLENT INVESTMENT OPPORTUNITY IN UNIVERSITY HEIGHTS. This 864 sq. ft. duplex sits on a 2,722 sq. ft. lot and consists of two separate 1-bedroom, 1-bathroom apartments, making it an attractive opportunity for investors. The property is located in University Heights, close to the Vermont Street Pedestrian Bridge, as well as numerous shops, restaurants, entertainment venues, and the vibrant Hillcrest neighborhood. It is also conveniently located near several major hospitals and just minutes from popular attractions such as the San Diego Zoo. The upstairs unit is fully remodeled and features fresh paint throughout, new flooring, new gas stove and range hood, upgraded cabinets and counter tops, mirrored closet doors, new ceiling fans and upgraded lighting, new wall heaters, electric washer and dryer hookups, spacious private patio deck, small bedroom balcony and storage shed. The downstairs unit is a fixer opportunity which requires a full remodel but features a large private deck, attached garage, long driveway with parking for up to 4 cars and washer and dryer hookups. Investment Highlights: Both units will be delivered vacant, allowing the buyer to place their own tenants and establish market rents and lease terms. Prime central location near dining, nightlife, medical centers, and major San Diego attractions. EXCELLENT INVESTMENT OPPORTUNITY IN UNIVERSITY HEIGHTS. This 864 sq. ft. duplex sits on a 2,722 sq. ft. lot and consists of two separate 1-bedroom, 1-bathroom apartments, making it an attractive opportunity for investors. The property is located in University Heights, close to the Vermont Street Pedestrian Bridge, as well as numerous shops, restaurants, entertainment venues, and the vibrant Hillcrest neighborhood. It is also conveniently located near several major hospitals and just minutes from popular attractions such as the San Diego Zoo. The upstairs unit is fully remodeled and features fresh paint throughout, new flooring, new gas stove and range hood, upgraded cabinets and counter tops, mirrored closet doors, new ceiling fans and upgraded lighting, new wall heaters, electric washer and dryer hookups, spacious private patio deck, small bedroom balcony and storage shed. The downstairs unit is a fixer opportunity which requires a full remodel but features a large private deck, attached garage, long driveway with parking for up to 4 cars and washer and dryer hookups. Investment Highlights: Both units will be delivered vacant, allowing the buyer to place their own tenants and establish market rents and lease terms. Prime central location near dining, nightlife, medical centers, and major San Diego attractions.

1005 Lincoln Ave, Mission Hills

$1,399,000
3 Beds 3 Baths 260003964 MLS ACTIVE Status N/A BLDG.
Attractive 1919, 1298sf home sits above street level with 9-foot ceilings, 2 bedrooms, 2 baths, generous living room, formal dining room, remodeled kitchen with 2 pantries, and spacious back porch. Across the back of the completely enclosed spacious yard is a 699sf cottage that is on the west end of the 120’ gardened lot. It has an entire wall of closet in a generous bedroom, modern kitchen, large living room, bathroom, and covered space outside the living room for choice of use. Both homes have large stand-up attics, central heat and air, Because of owned solar, the average cost of SDGE expense is no longer $300+ but a PROFIT of $9-25 each month. This property offers multiple options: 1) The owner may occupy the larger home and rent the back cottage, occupy the charming cottage and rent the front house, or welcome family to live with them. 2) Or rent the entire desirably located site in an area where medical professionals are often looking. 3) Another option is to take advantage of the recently determined RM 3-9 zoning which allows one unit per 600sf of lot, meaning available for 8 units on this 5200 sf parcel. A savvy options parcel, located in the heart of desirable Mission Hills/Hillcrest, it is easy walking to 2 major grocery stores, a number of restaurants, and other service businesses, as well as parks, churches and ideal neighborhood sites in one of the most sought-after neighborhoods. A wonderful combination of livability, flexibility and location in a very desired neighborhood Attractive 1919, 1298sf home sits above street level with 9-foot ceilings, 2 bedrooms, 2 baths, generous living room, formal dining room, remodeled kitchen with 2 pantries, and spacious back porch. Across the back of the completely enclosed spacious yard is a 699sf cottage that is on the west end of the 120’ gardened lot. It has an entire wall of closet in a generous bedroom, modern kitchen, large living room, bathroom, and covered space outside the living room for choice of use. Both homes have large stand-up attics, central heat and air, Because of owned solar, the average cost of SDGE expense is no longer $300+ but a PROFIT of $9-25 each month. This property offers multiple options: 1) The owner may occupy the larger home and rent the back cottage, occupy the charming cottage and rent the front house, or welcome family to live with them. 2) Or rent the entire desirably located site in an area where medical professionals are often looking. 3) Another option is to take advantage of the recently determined RM 3-9 zoning which allows one unit per 600sf of lot, meaning available for 8 units on this 5200 sf parcel. A savvy options parcel, located in the heart of desirable Mission Hills/Hillcrest, it is easy walking to 2 major grocery stores, a number of restaurants, and other service businesses, as well as parks, churches and ideal neighborhood sites in one of the most sought-after neighborhoods. A wonderful combination of livability, flexibility and location in a very desired neighborhood

4020-22 Front St, Mission Hills

$1,995,000
8 Beds 4 Baths 2600826 MLS ACTIVE Status
SELLER TO ENTERTAIN ALL OFFERS !!! 2831–2837 Columbia Street offers investors a rare opportunity to acquire a four-unit apartment building in one of San Diego’s most sought-after urban neighborhoods. Perfectly positioned between Mission Hills, Bankers Hill, and Little Italy, the property delivers the ideal balance of strong in-place income, long-term appreciation, and unbeatable tenant appeal. With immediate access to Downtown San Diego, Balboa Park, the San Diego International Airport, and all major freeways, this asset combines location, lifestyle, and investment strength. The property consists of four spacious and modernized two-bedroom, one-bathroom apartments, each featuring premium in-unit amenities including its own washer/dryer and air conditioning (2 units), ensuring maximum comfort and convenience for tenants. In addition, every apartment comes with a separate oversized storage area—a highly desirable feature in this competitive rental market. Importantly, tenants are responsible for all utilities under their rental agreements, minimizing operating expenses and streamlining management for ownership. One of the most striking features of the property is its incredible, unobstructed views of Downtown San Diego and the San Diego Bay. This unique vantage point not only enhances the tenant living experience but also positions the property as a premier rental offering, creating consistently strong demand and long-term tenant retention.

2831-37 Columbia St, Mission Hills

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