41
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$2,600,000
Est. payment /mo
5,187 Sqft Lot
Active
849 22nd St San Diego, CA 92102
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260006538SD
HOA Y/N No
Lot Size 5,187 Sqft
Property Sub-Type Mixed Use
Property Description
"Historic Golden Hill Treasure, 8 Updated Studios Wrapped in Old San Diego Charm." WHAT WE LOVE: This is not your typical 8-unit. It doesn't feel like a box, it feels like a piece of Golden Hill history that just happens to produce income. Set up like a classic San Diego home with a true street presence, front approach, and multiple outdoor common areas, the property delivers something investors rarely get, character. All eight studios have been variously updated, giving the next owner a clean starting point without the heavy lift. It is the kind of opportunity that checks both sides of the equation, strong usability today with a vibe that tenants actually want to live in, which helps keep demand consistent and turnover low. WHAT WE LOVE (CONT…): Golden Hill has quietly become one of San Diego's most sought after urban pockets, known for its blend of historic architecture, creative energy, and proximity to everything that matters. Minutes to Downtown, East Village, Balboa Park, and major transit corridors, yet elevated just enough to feel removed from the noise. That balance is exactly why tenants are drawn here. The property itself carries that same duality. From the street, it presents like a classic residence from an earlier era, not a cookie cutter apartment building. The layout creates a more residential feel with usable outdoor spaces, adding to the livability and tenant experience. All units are studio layouts - most with lofts, offering efficient footprints that continue to perform well in rental markets like this where location drives demand. For investors, this is a rare opportunity to own a multi-unit asset that stands apart from the typical inventory. Updated interiors reduce immediate capital needs, while the underlying character and location create long term appeal. Whether the goal is steady income, portfolio diversification, or a strategic hold in one of San Diego's most dynamic neighborhoods, this property offers a compelling combination of stability, uniqueness, and future upside.
Location
State CA
County San Diego
Area 92102 - San Diego
Zoning R-4:MULTIP
Interior
Heating Wall Furnace
Fireplace No
Others
Tax ID 5343850300
Acceptable Financing Cash, VA Loan
Listing Terms Cash, VA Loan
Virtual Tour https://www.propertypanorama.com/instaview/snd/260006538
Listed by Jesse Ibanez The Greenhouse Group Inc #01405643
NEARBY SCHOOL & BUSINESS
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