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Restored Fourplex with Courtyard
For Sale
$2,950,000

2434 Broadway, San Diego, CA 92102

Each residence includes in-unit laundry, complemented by a landscaped shared courtyard and off-street parking.

Property SizeContact for details
Lot Size0.16 Acres
Days on Market56

Property Features for 2434 Broadway

General Information

Standard status Active
Lot size 0.16 Acres
Property subtype Residential Income
Zoning RM-1-1
Net Operating Income $140,506

Site & Location

Neighborhood Golden Hill
Highway Access Yes
Road Access Yes

Units

Unit Mix 2 x 2BR/2BA, 1 x 1BR/1BA cottage, 1 x 1BR/1BA Brickhouse
Multifamily Units 4

Additional Details

Tenant in Place Yes

Amenities

in-unit laundry
courtyard
communal fire pit
cabana lounges
Two
Other
No
Gate

Building Details

Year Built 1932
Stories 2
Units 4
Listing Agency: Compass
Listed By: Prem Advani · License #01414490
Source: Compass
Added: Sep 5 Changed: Oct 27 Last Checked: Oct 28 at 12:02PM

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 Compass

Rey
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Investment Insights

Based on property information with market context.

Built in 1932, this four-unit property occupies a 7,000 SF RM-1-1 lot and has undergone a permitted renovation. The unit mix includes two front residences with 2BD/2BA layouts and two 1BD/1BA units, one of which is a cottage. In-unit laundry is provided throughout. A courtyard with stone walkways, a communal fire pit and cabana seating serves the property; off-street parking accommodates 6+ vehicles. An Airstream suite is currently used as a short-term rental, but is not a legal dwelling unit, and buyers should verify STR permitting.

The property is on Broadway's restaurant row near Kingfisher and Turf Supper Club, with access to Downtown, I-5 and SR-94. It is tenant occupied. Zoning is RM-1-1.

Key Highlights

  • Four units: two 2BD/2BA residences and two 1BD/1BA units
  • 7,000 SF lot zoned RM‑1‑1
  • In‑unit laundry in every residence

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,247
Businesses Nearby

Demographics for 92102, CA

39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

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?
Quadplex - Each residence includes in-unit laundry, complemented by a landscaped shared courtyard and off-street parking.
Where is this quadplex located?
The property is located at 2434 Broadway San Diego, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Four units: two 2BD/2BA residences and two 1BD/1BA units; 7,000 SF lot zoned RM‑1‑1; In‑unit laundry in every residence
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