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Triplex with Canyon and Bay Views
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2805 State St, San Diego, CA 92103

Three residences with privately entered units, period details, and six on-site parking spaces including two one-car garages.

Property Size1,900 SF
Price / SF$842.05
Days on Market54

Property Features for 2805 State St

General Information

Standard status Active
Size 1,900 SF
Total Parking Spaces 6
Property subtype Multifamily

Units

Unit Mix studio, 1BR/1BA, 2BR/1BA
Multifamily Units 3

Building Details

Year Built 1929
Buildings 2
Units 3
Construction Craftsman
Listing Agency: Bunch Realty Group
Listed By: Amber Bunch · License #01351987
Source: Crexi
Added: Jul 24 Changed: Sep 13 Last Checked: Sep 14 at 5:17AM

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 Bunch Realty Group

Investment Insights

Based on property information with market context.

Located in South Mission Hills, this three-unit Craftsman-style triplex offers three separate residences with private entrances. The studio features floor-to-ceiling windows and unobstructed canyon views toward Bankers Hill and downtown. The property also includes a spacious one-bedroom/one-bath unit and a front two-bedroom/one-bath unit with peek views of the bay, downtown, Point Loma, and the airport.

Original period lighting, sconces, preserved woodwork, vintage bathrooms, and masonry walls help define the character of the home. A covered porch with oversized timber beams adds to the street-facing presence. Sensitive improvements include historically appropriate replacement windows installed through the Quieter Home Program.

On-site parking totals six spaces, including two one-car garages, with additional storage beneath the home. Buyers should verify zoning, rental regulations, licensing requirements, intended uses, and potential Mills Act eligibility.

Key Highlights

  • Three separate residences with privately entered units
  • Studio features floor‑to‑ceiling windows and unobstructed canyon views toward Bankers Hill and downtown
  • Front two‑bedroom/one‑bath offers peek views of the bay, downtown, Point Loma, and the airport

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Daycare Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Mobile Phone Store Florist Pet Store

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,058
Businesses Nearby

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residences with privately entered units, period details, and six on-site parking spaces including two one-car garages.
Where is this triplex located?
The property is located at 2805 State St San Diego, CA.
What is the asking price?
The asking price for this property is $1,599,900.
What are key features of this property?
This property features: Three separate residences with privately entered units; Studio features floor‑to‑ceiling windows and unobstructed canyon views toward Bankers Hill and downtown; Front two‑bedroom/one‑bath offers peek views of the bay, downtown, Point Loma, and the airport
(619) 977-4650 Call to check price and availability
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