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Four-Unit Apartment Building Opportunity
For Sale
$1,995,000

2831 37 Columbia St, San Diego, CA 92103

Four modernized units with downtown and bay views.

Property SizeContact for details
Days on Market94

Property Features for 2831 37 Columbia St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1959
Stories 2
Units 4
Listing Agency: The Browar Group
Listed By: Josh Browar · License #01824454
Source: Elliman
Added: May 12 Changed: Aug 12 Last Checked: Aug 12 at 7:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Browar Group

Investment Insights

Based on property information with market context.

Located between Mission Hills, Bankers Hill, and Little Italy, this four-unit apartment building offers investors an opportunity in an urban neighborhood. The property provides access to Downtown San Diego, Balboa Park, the San Diego International Airport, and major freeways. The building features four apartments, each with two bedrooms and one bathroom. Each unit includes a washer/dryer and air conditioning (in two units), as well as a separate oversized storage area. Tenants are responsible for all utilities. The property offers unobstructed views of Downtown San Diego and the San Diego Bay. The location has a walk score of 97, indicating it is a Walker's Paradise, a bike score of 77, indicating it is Very Bikeable, and a transit score of 52, indicating Good Transit.

Key Highlights

  • Unobstructed views of Downtown San Diego and the San Diego Bay.
  • Prime location between Mission Hills, Bankers Hill, and Little Italy, with immediate access to Downtown, Balboa Park, the airport, and major freeways.
  • Four spacious and modernized two‑bedroom, one‑bathroom apartments.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Grocery & Convenience Store Daycare Center (Bike/Boat/Book/etc) Store Mobile Phone Store Food Market Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,933
Businesses Nearby

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four modernized units with downtown and bay views.
Where is this quadplex located?
The property is located at 2831 37 Columbia St San Diego, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Unobstructed views of Downtown San Diego and the San Diego Bay.; Prime location between Mission Hills, Bankers Hill, and Little Italy, with immediate access to Downtown, Balboa Park, the airport, and major freeways.; Four spacious and modernized two‑bedroom, one‑bathroom apartments.
More about this property
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