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Renovated Six-Unit Apartment Building
For Sale
Contact for pricing
Pending

240 West Cedar St, San Diego, CA 92101

Newly renovated six-unit building offering studio and two-bedroom layouts.

Property Size3,080 SF
Days on Market149

Property Features for 240 West Cedar St

General Information

Standard status Pending
Size 3,080 SF
Property subtype Multifamily

Additional Details

Multifamily Units 6

Building Details

Year Built 1915
Year Renovated 2019
Tenancy Multi
Listing Agency: Luxview Properties
Listed By: Louis Scotti · License #01341419
Source: Crexi
Added: Apr 10 Changed: Aug 21 Last Checked: Sep 2 at 3:27AM

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 Luxview Properties

Investment Insights

Based on property information with market context.

This newly renovated six-unit apartment building includes a mix of studio units and two-bedroom, one-bath layouts. The property is approximately 3,080 square feet and was originally constructed in 1915, with renovations completed in 2019. It is currently being operated as a vacation rental.

Located in the Little Italy submarket of San Diego, the building sits on the corner of Cedar and Union Streets.

With multiple unit types and recent renovation updates, the property provides a compact multifamily configuration suited for an operator seeking a small-scale, residential-income asset in Little Italy.

Key Highlights

  • Newly renovated six‑unit building at 240 W Cedar St in Little Italy, San Diego
  • 3,080‑SF building originally constructed in 1915 and renovated in 2019
  • Corner location on Cedar St and Union St

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Butcher Veterinary Clinic Pet Grooming Service Pet Store & Service

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

Lease Details

6
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

11,052
Businesses Nearby

Demographics for 92101, CA

47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Short term rental property - Newly renovated six-unit building offering studio and two-bedroom layouts.
Where is this short term rental property located?
The property is located at 240 West Cedar St San Diego, CA.
What are key features of this property?
This property features: Newly renovated six‑unit building at 240 W Cedar St in Little Italy, San Diego; 3,080‑SF building originally constructed in 1915 and renovated in 2019; Corner location on Cedar St and Union St
More about this property
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