942 23rd St

San Diego , CA 92102

MLS#: 250032646SD

$2,550,000

Status: Active
Listing number: 250032646SD
Listing provided by: South Coast Commercial, Inc.
Listing agent phone: None
Last update: 17 days ago
On site: 19 days ago
Browse Properties
Main image without alt text

Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

None

Sq.Footage

N/A

Prime Golden Hill multifamily opportunity. 5 legal units + 1 non-conforming unit currently operating as short and medium-term rentals. All units are renovated and well-maintained. Strong current cash flow with high occupancy and proven rental performance. Walkable to neighborhood bars, restaurants, coffee shops, and retail. Minutes to Downtown, Balboa Park, and major freeways. Ideal for investors seeking immediate income in a high-demand rental market. Seller open to continuing management post-close at a discounted rate, or transition to long-term tenants.

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Wall/Window Unit(s)

  • Heating YN

    YES

  • Heating

    Wall Furnace

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Pool

    No

Area & Lot

  • Property Type

    Commercial Sale

  • Property Sub Type

    Mixed Use

Price

  • Sales Price

    $2,550,000

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Schedule a Showing

Showing scheduled successfully.

<
>
IN PERSON
VIA CHAT

Change time

Mortgage calculator

Estimate your monthly mortgage payment, including the principal and interest, property taxes, and HOA. Adjust the values to generate a more accurate rate.

Your payment

Principal and Interest:

$

Property taxes:

$

HOA fees:

$

Total loan payment:

$

Total interest amount:

$

Location

County

San Diego

Elementary School

Middle School

High School

Listing Courtesy of Alexander Kohl , South Coast Commercial, Inc.

RealHub Information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. RealHub website owner shall not be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Agent LinaMirza

FOUNDER

LinaMirza

Call Lina today to schedule a private showing.

(818) 321-0175

Lina@theosrealty.com


* Listings on this website come from the FMLS IDX Compilation and may be held by brokerage firms other than the owner of this website. The listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work please click here to review our DMCA policy and learn how to submit a takedown request.© 2024 FMLS.
Prime Golden Hill multifamily opportunity. 5 legal units + 1 non-conforming unit currently operating as short and medium-term rentals. All units are renovated and well-maintained. Strong current cash flow with high occupancy and proven rental performance. Walkable to neighborhood bars, restaurants, coffee shops, and retail. Minutes to Downtown, Balboa Park, and major freeways. Ideal for investors seeking immediate income in a high-demand rental market. Seller open to continuing management post-close at a discounted rate, or transition to long-term tenants.

942 23rd St

Message successfully sent.

What would you like to know?

Related Properties

New on site 2 days ago
Pleased to present 3226-32 Adams Avenue located in San Diego, California. Originally built in 1938, the 8-unit apartment complex is located in the highly desirable neighborhood of Normal Heights and boasts a Walk Score of 94. The complex rests on a 0.15 acres lot and features approximately 3,750 rentable square feet. The unit mix consists of (2) one-bedroom / one-bathroom unit and (6) one-bedroom / one-bathroom cottage units. Units feature refurbished hardwood flooring and cottage-style layouts with no shared walls. Current ownership has diligently maintained the property and recently added new roofs to the back building and two of the cottages. The main electrical panel, wiring and gas meters were also upgraded within the last 5 years. Several units have also been retrofitted with dual pane vinyl windows. Attractive tenant offerings include a quaint communal courtyard, secure gated entry, and unbeatable walkability to nearby retail. Parking is offered with (5) attached single-car garages that also create potential for an investor to add ADUs. With ample possibility for renovation, the property presents a strong value-add opportunity for an investor looking to extensively renovate the units to bring current rents to market and maximize overall cash flow. Irreplaceably located on Adams Avenue in central Normal Heights, the property is nestled among all the best attractions the neighborhood has to offer and enjoys easy access to the 15 and 805 freeways. The booming neighborhood of North Park is only a few blocks west and gives tenants even more dining and retail options.
#250034283SD

San Diego

3226 Adams Ave

None Beds

None Baths

N/A

$3,000,000

MLS#: 250034283SD

6728-34 Thomson Ct is a newly constructed, five-unit multifamily asset located in one of San Diego’s strongest and most resilient rental submarkets. The property features a highly desirable unit mix consisting of (2) 3-bed / 3-bath townhome-style units with private balconies and ocean views, (2) spacious 2-bed /1-bath units, and (1) detached private studio. Each unit is outfitted with premium finishes, brand-new stainless steel appliances, and in-unit washer/dryers, designed to appeal to high-quality tenants and command top-of-market rents. The asset is further enhanced by paid-off solar, separately metered utilities, and an existing RUBS (Ratio Utility Billing System) in place—dramatically reducing operating expenses and boosting net operating income. Positioned in a high-demand, high-rent-growth corridor, 6728 Thomson Ct offers investors a turnkey, low-maintenance property with exceptional design, modern construction quality, and strong in-place income. With continued appreciation potential and minimal capital improvement needs, this is a rare opportunity to acquire a stabilized asset in a core San Diego location.
#250033556SD

San Diego

6728 Thomson Ct

None Beds

None Baths

N/A

$2,750,000

MLS#: 250033556SD

Turnkey Trophy Asset in Prime Coastal San Diego – 5-Unit Stabilized Investment with Exceptional Upside This premier five-unit multifamily asset is the quintessential intersection of location, luxury, and long-term profitability. Completed in June 2025 and fully stabilized with one-year leases, this rare turnkey property is perfectly positioned to deliver immediate cash flow and powerful appreciation in one of Southern California’s most resilient and desirable rental markets. Property Overview Unit Mix: (1) Charming 2-Bedroom House with Attached Garage – Rented at $3,200/month (4) Newly Constructed, Contemporary 2-Bedroom / 2-Bath Apartments (2) Rented at $2,900/month (2) Rented at $2,857/month Gross Scheduled Income: $14,714/month ($176,568 annualized) Stabilization: All leases signed as of June 1st, 2025 Crafted with modern design sensibility and tenant comfort in mind, the four brand-new apartments deliver the premium living experience today’s renters demand. Featuring luxury finishes, in-unit laundry, and efficient layouts, they attract high-income tenants with long-term rental stability. www.HatterasInvestment.com (More Property Info) Location. Lifestyle. Leverage. Located just minutes from La Jolla, Pacific Beach, and the iconic San Diego coastline, this asset offers the very lifestyle that drives rental demand through the roof. A quick drive from the beaches, world-class dining, and dynamic nightlife, this property represents the epitome of Southern California living. Better still, it’s within a 10-minute radius of the University of California, San Diego (UCSD),
#250033506SD

San Diego

3582 HATTERAS

None Beds

None Baths

N/A

$2,950,000

MLS#: 250033506SD

Welcome to 2220 Dunlop Street – a turn-key 8-unit apartment complex located in the high-demand Linda Vista neighborhood of San Diego. Situated just north of Mission Valley, this well-maintained property offers a balanced mix of updated interiors, dependable cash flow, and future upside potential. (2216-18 Dunlop St - Duplex must be sold together/simultaneously) The building consists of eight 1-bedroom / 1-bathroom units, many of which have been thoughtfully renovated with modern finishes. Upgrades include newer flooring, kitchen cabinetry, countertops, and appliances, providing tenants with comfortable, contemporary living spaces. The property is positioned on a generous lot with on-site parking, a shared laundry room, and low-maintenance landscaping. Tenants enjoy convenient access to USD, Fashion Valley, Mission Bay, major freeways (I-8, I-5, and 163), and a wide range of retail, dining, and employment centers.
#250033620SD

San Diego

2220 Dunlop St

None Beds

None Baths

N/A

$2,100,000

MLS#: 250033620SD

4455 Winona Avenue is a seven-unit apartment building located in the Talmadge community of San Diego, north of El Cajon Boulevard. The 5,006 sqft building was built in 1990 and consists of (3) one-bedroom, one bath units, (2) two-bedroom, one bath units, (1) two-bedroom, two bath unit, and (1) three-bedroom, two bath unit. The property also includes five (5) single-car garages, (7) surface parking spaces, and laundry facilities. The building has been well-maintained, with a new roof installed in 2021. Rents remain low with long-term tenants, presenting significant rental upside through lease turns and unit updates. Talmadge is in close proximity to San Diego State University (SDSU), as well as three additional desirable sub-markets in San Diego: North Park, Kensington, and Normal Heights. All these prime, central San Diego locations offer many options for walkable dining, retail, grocery shopping, and recreational activities, as well as convenient access to major freeways and public transit. ** All units are occupied. Please do not go on the property or disturb the tenants. **
#250033624SD

San Diego

4455 Winona Ave

None Beds

None Baths

N/A

$2,300,000

MLS#: 250033624SD

Unlock the full potential of this property with a value-add opportunity. Embark on a journey of transformation with a complete interior and exterior renovation that will elevate this multi-family property to new heights. The canvas is yours to create 2-3 additional adu dwelling units in the rear, maximizing income potential and ensuring a lucrative investment. City Heights is a densely populated urban neighborhood in central San Diego, located just east of North Park and south of the 8 Freeway. It offers easy access to major highways (I-15, I-805, SR-94) and is approximately 10-15 minutes from Downtown San Diego and Balboa Park. City Heights is one of San Diego’s most diverse neighborhoods, the area's cultural richness contributes to its vibrant street life and strong demand for affordable housing.
#250033394SD

San Diego

4055 Van Dyke Avenue

None Beds

None Baths

N/A

$2,385,000

MLS#: 250033394SD

We are pleased to present 3470 Monroe Ave, an 8-unit apartment complex located in the Normal Heights neighborhood of San Diego, CA. Built by Ray Huffman Construction in 1970, the subject property is comprised of a 2-story wood frame building with a concrete slab foundation. The unit mix consists of five (5) one-bedroom/ one-bath units, two (2) two-bedroom/one-bath units, and one (1) two-bedroom/two-bath unit. Remodeled unit interiors feature faux wood vinyl plank flooring, granite counter tops, stainless steel appliances, and kitchen and bathroom cabinets. The property has upgraded systems including a repaired foundation, upgraded plumbing, energy efficient lights, doors, and dual pane windows and sliders. Other attributes include onsite laundry and abundant parking for tenants with two (2) double-car garages. A landmark neon sign over Adams Avenue at Felton Street identifies the neighborhood of Normal Heights, which is a highly desirable neighborhood located between Interstates 805 and 15 bordered by Mission Valley to the North and El Cajon Boulevard to the South. Like other urban mesa neighborhoods north of Balboa Park, Normal Heights has a high rate of pedestrian activity. Several important neighborhood events take place in Normal Heights such as the Adams Avenue Street Fair, which is Southern California's largest free music festival, is typically held the last weekend in September.
#250033252SD

San Diego

3470 Monroe Avenue

None Beds

None Baths

N/A

$2,500,000

MLS#: 250033252SD

Lowest price per unit in all of Mission Beach!! Located steps from the beach, 2931 Mission Blvd is an exceptional 8-unit property in the heart of Mission Beach. The two-story building features four 1-bedroom/1-bath units and four studio apartments across 3,108 square feet on a 2,962 square foot lot. Units include upgraded kitchens with granite countertops, heating systems, and double-pane windows. With strong occupancy, R4 zoning, and unbeatable proximity to Belmont Park, Mission Bay, and top universities, this property offers stable income, coastal lifestyle appeal, and future development potential.
#250033003SD

San Diego

2931 Mission Blvd

None Beds

None Baths

N/A

$2,900,000

MLS#: 250033003SD

We are pleased to present 4482 48th St, Fully renovated 7 unit multi family property located in one San Diego most desirable locations - Talmadge/ SDSU College area. The property has undergone an extensive inside and outside renovation. Inside upgrades include Hardwood floors- New Kitchens- New Baths. Outside includes complete new Pitched Roof. All new exterior trim as needed. Units have private garages and additional assigned off street parking space. The laundry room includes owner operated laundry machines. All units are occupied. **Please do not disturb the tenants** This building also has a storage unit for this property located next to the Laundry Room. We are pleased to present 4482 48th St, Fully renovated 7 unit multi family property located in one San Diego most desirable locations - Talmadge/ SDSU College area. The property has undergone an extensive inside and outside renovation. Inside upgrades include Hardwood floors- New Kitchens- New Baths. Outside includes complete new Pitched Roof. All new exterior trim as needed. Units have private garages and additional assigned off street parking space. The laundry room includes owner operated laundry machines. All units are occupied. **Please do not disturb the tenants** This building also has a storage unit for this property located next to the Laundry Room.
#250032841SD

San Diego

4482 48th St

None Beds

None Baths

N/A

$2,495,000

MLS#: 250032841SD

Exclusive opportunity to acquire 4053 Wilson Avenue Apartments, an eight-unit multifamily property strategically located in the heart of San Diego's vibrant City Heights neighborhood. This fully leased asset offers a compelling investment opportunity with stable in-place income and strong potential for future upside. There are 9 parking spaces, one for each unit, and the last one for additional revenue. The property has had several capital improvements including a north facing wall and patio dividers, a French drain on north side of wall, new drains on private patios, and an addition of a sump pump reducing long term expenses. A new water was installed in June servicing the entire building. Built in 1969, the building sits on a 7405 square foot lot.?
#250032640SD

San Diego

4053 Wilson Ave

None Beds

None Baths

N/A

$2,900,000

MLS#: 250032640SD

- property

Send a message

Message successfully sent.

Your message

Reason for contacting?

Sign Out

Virtual Assistant

Would you like to receive some additional information on this specific property or similar properties?

Yes, I would like more information.

Thank You for Your Reply, One of Our Agents will contact you as soon as possible

No, maybe later.

Thank you, you can always contact me via email, phone number or through the contact form.

Realhub AI

Lucy - Your AI-Powered Realtor

Update Your Temporary Password

Personalize your search

Enter your email and we'll notify you immediately when new listings match what you're looking for.

or enter email address

Already have an account ? Login here

Continue your home search

Already have an account ? Login here