Premier Old Town position featuring 3 units and capacity for 4 additional units. Outstanding value-add and development upside. Directly across from San Diego’s Historic Old Town Park, this rare Spanish-style compound blends timeless architecture with modern updates, versatility, great income and higher income potential. The main residence sits privately at the rear of the property and spans approximately 2,000 square feet. It features two bedrooms, two bathrooms, and an optional third bedroom or office. Arched openings, classic accents, and a warm stucco exterior mirror the character of Old Town, while the attached garage, inviting front patio, and private backyard provide comfort and privacy. The home has been thoughtfully updated while preserving its charm. At the front of the property, a duplex offers two one bedroom and one bath units. Each unit has been updated and includes its own yard, its own laundry room, and a dedicated garage space. A third structure holds two additional one car garages and separate laundry rooms. There is also ample off street parking for all units. All utilities are separately metered, and the property will be delivered vacant, allowing flexibility for owner occupancy, long term leasing, or short term rental use. There is potential to add ADUs, garage conversions or additional units. This is a rare opportunity to own a character rich, updated, income producing property in one of San Diego’s most historic and walkable neighborhoods, steps from iconic dining, shopping, and cultural attractions.
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Listing Snapshot
Price
$2,700,000
Days On Site
32 Days
Bedrooms
4
Inside Area (SqFt)
3,000 sqft
Total Baths
4
Full Baths
4
Partial Baths
N/A
Lot Size
0.18 Acres
Year Built
1962
MLS® Number
250043654
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
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Recent Activity
2 weeks ago
Listing updated with changes from the MLS®
3 weeks ago
Status changed to Active
3 weeks ago
Price changed to $2,700,000
a month ago
Listing first seen on site
General Features
Property Sub Type
Multi Family
SqFt Total
3000
Utilities
Sewer Connected
Zoning
R-3:RESTRI
Interior Features
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
Stucco
Fencing
Full
Roof
Composition
Community Features
Financing Terms Available
CashConventionalVA Loan
MLS Area
Metro
Listed by Robert A Cunningham Bergner of ROA California Inc 6198045972
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