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Turnkey Multifamily Income Property
For Sale
$5,999,000

2188 San Diego Ave, San Diego, CA 92110

Well maintained 21-unit multifamily rebuilt and remodeled in 2017–2018 with owned laundry and energy-efficient upgrades.

Days on Market8

Property Features for 2188 San Diego Ave

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 21

Amenities

owned laundry

Building Details

Year Renovated 2018
Tenancy Multi
Listing Agency:
Listed By: Mark McDowell
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Jul 31 at 6:36AM

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 Mark McDowell

Investment Insights

Based on property information with market context.

Turnkey and well maintained 21-unit multifamily property in Old Town/Mission Hills. The building was completely rebuilt, repurposed, and remodeled in 2017–2018 and is described as AirBnB friendly, with AB 1482 exempt status noted in the provided materials. The property also features owned laundry with Bluetooth technology and includes energy-efficient upgrades throughout.

The offering is located within a walkable neighborhood, with the ability to walk to restaurants, bars, shops, and the Old Town train station. The provided remarks note connections including Amtrak, Coaster, and the San Diego Trolley. WalkScore is listed as 54 and transitScore as 59.

Overall, the configuration is a 21-unit income property presented as turnkey, with the primary improvements and upgrades identified as completed during the 2017–2018 rebuild/remodel period and additional efficiency enhancements made throughout.

Key Highlights

  • Well maintained 21‑unit multifamily rebuilt and repurposed/remodeled in 2017–2018
  • AirBnB friendly property
  • Owned laundry with Bluetooth technology

Property Analytics

Current Use

Solis Place Apartment Complex Wordwide INTL Language ... Language School Intella II Telecommunications Service Media Access Partners ... Marketing & Advertising Train Whistle Marketing Marketing & Advertising

Suggested Use

Top Pick Dental Office Barber Shop Food Market Florist Garden Center Nursing Home

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

21
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,087
Businesses Nearby

Demographics for 92110, CA

31,048
Population
13,227
Households
2.3
Avg Household Size
34
Median Age
54%
College-Educated
96%
High-School Grad
5.0 sq mi
ZIP Area
6,210
Density / Sq Mi
$102,508
Median Household Income
$52,150
Median Earnings
$2,298
Median Rent
$885,200
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?
Apartment building - Well maintained 21-unit multifamily rebuilt and remodeled in 2017–2018 with owned laundry and energy-efficient upgrades.
Where is this apartment building located?
The property is located at 2188 San Diego Ave San Diego, CA.
What is the asking price?
The asking price for this property is $5,999,000.
What are key features of this property?
This property features: Well maintained 21‑unit multifamily rebuilt and repurposed/remodeled in 2017–2018; AirBnB friendly property; Owned laundry with Bluetooth technology
More about this property
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