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Eight-Unit Apartment Building
For Sale
$2,560,000

2114 Abbott St., San Diego, CA 92107

Multifamily property with garages, off-street parking, and private patios or balconies at select units.

Property SizeContact for details
Days on Market13

Property Features for 2114 Abbott St.

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Mixed Use

Property Condition

Severity Repairs Needed
Evidence some deferred maintenance items

Units

Unit Mix 3 x studio, 5 x 1BR/1BA
Multifamily Units 8
Listing Agency: Palma Commercial
Listed By: Joseph Burrough · License #02014504
Source: Velocityrealtysd
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 29 at 4:09PM

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 Palma Commercial

Investment Insights

Based on property information with market context.

This eight-unit apartment property includes three studio residences and five one-bedroom, one-bath apartments. The improvements also provide three functional garages, a larger garage used for storage, and one surface parking space. Private patios or balconies serve select units, while some apartments offer limited ocean views. Units and common hallways are in average condition and present a full modernization opportunity, with deferred maintenance noted around several window and garage door frames. Three units are scheduled for delivery vacant.

The property is less than one block from a sandy beach and surf, approximately four blocks from neighborhood retail along Newport Avenue, and about five blocks from the Ocean Beach Pier. Its location places residential units and shared building areas within a walkable coastal neighborhood setting.

Key Highlights

  • Eight‑unit apartment property with 3 studio apartments and 5 1Br/1Ba apartments
  • Three functional garages, 1 large storage‑only garage, and 1 surface off‑street parking space
  • Three vacant units to be delivered

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Accounting Firm Grocery & Convenience Store Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Building Supply Computer & Electronic Repair

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

1,494
Businesses Nearby

Demographics for 92107, CA

28,684
Population
14,658
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
98%
High-School Grad
3.0 sq mi
ZIP Area
9,561
Density / Sq Mi
$107,262
Median Household Income
$61,936
Median Earnings
$2,208
Median Rent
$1,218,200
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 - Multifamily property with garages, off-street parking, and private patios or balconies at select units.
Where is this apartment building located?
The property is located at 2114 Abbott St. San Diego, CA.
What is the asking price?
The asking price for this property is $2,560,000.
What are key features of this property?
This property features: Eight‑unit apartment property with 3 studio apartments and 5 1Br/1Ba apartments; Three functional garages, 1 large storage‑only garage, and 1 surface off‑street parking space; Three vacant units to be delivered
More about this property
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