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27-Unit Multifamily Property with ADUs

2120 Mission Ave, San Diego, CA 92116

For Sale
New
$11,700,000

Updated building systems, in-unit laundry in most residences, and off-street parking support a varied apartment configuration.

Property SizeContact for details
Lot Size0.31 Acres
Days on Market2

Property Features for 2120 Mission Ave

General Information

Standard status Active
Net Rentable 16,619 SF
Total Parking Spaces 13
Lot size 0.31 Acres
Property subtype Commercial

Site & Location

Neighborhood University Heights

Units

Unit Mix 12 x 2BR/2BA, 5 x 1BR/1BA, 10 x studio/1BA
Multifamily Units 27

Amenities

in-unit washer/dryer
common laundry room

Building Details

Year Built 1970
Units 27
Listing Agency: Conor Brennan, Broker
Listed By: Conor Brennan · License CA #01918598
Source: Elliman
Added: Nov 12 Last Checked: Nov 12 at 2:43PM

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 Conor Brennan, Broker

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Investment Insights

Based on property information with market context.

The 27-unit apartment property at 2120 Mission Avenue includes 12 two-bedroom, two-bath units, five one-bedroom, one-bath units, and 10 studios with one bath. Built in 1970, the building has 16 original units and 11 newly completed accessory dwelling units. The site measures approximately 13,287 square feet, with approximately 16,619 rentable square feet. Improvements include upgraded plumbing and electrical, individual unit subpanels, a new roof, and fire safety systems. The ADUs have ductless mini-split heating and cooling and new electric water heaters. Most apartments include a washer and dryer, and a common laundry room is also available. Thirteen off-street parking spaces serve the property.

The property is in University Heights, San Diego. WalkScore is 78, BikeScore is 54, and TransitScore is 48.

Key Highlights

  • 27 units, including 11 newly completed ADUs
  • 12 two‑bedroom/two‑bath units, 5 one‑bedroom/one‑bath units, and 10 studio/one‑bath units
  • Approximately 16,619 rentable square feet on an approximately 13,287‑square‑foot lot

Property Analytics

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Open Analytics

Lease Details

27
Residential units

Location Intelligence

Trade Area within ½ mile

2,067
Businesses Nearby

Demographics for 92116, CA

31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in San Diego, CA

$595 Jul
$593 Aug
$600 Sep
$592 Oct

Properties on Market for Apartment buildings in San Diego

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Updated building systems, in-unit laundry in most residences, and off-street parking support a varied apartment configuration.
Where is this apartment building located?
The property is located at 2120 Mission Ave San Diego, CA.
What is the asking price?
The asking price for this property is $11,700,000.
What are key features of this property?
This property features: 27 units, including 11 newly completed ADUs; 12 two‑bedroom/two‑bath units, 5 one‑bedroom/one‑bath units, and 10 studio/one‑bath units; Approximately 16,619 rentable square feet on an approximately 13,287‑square‑foot lot
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