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Linda Vista Multifamily Investment
For Sale
$2,125,000
Pending

2848 Nye St, San Diego, CA 92111

Five-unit property with new ADUs in desirable San Diego location.

Days on Market101

Property Features for 2848 Nye St

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1941
Listing Agency:
Listed By: Jason Redditt
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Aug 1 at 9:18AM

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 Jason Redditt

Investment Insights

Based on property information with market context.

This property presents an investment opportunity in a dynamic San Diego rental market. It features five income-producing units, including a renovated detached 2-bedroom, 2-bathroom home of approximately 750 square feet, and four new 2-bedroom, 2-bathroom Accessory Dwelling Units (ADUs) of approximately 754 square feet each. Each unit is separately metered for utilities. The property includes paid solar. Interior features include 9-foot ceilings, designer fixtures and finishes, quartz countertops, ample storage, stainless-steel appliances, luxury vinyl plank flooring, spa-like bathrooms, and in-unit washers and dryers. Located in Linda Vista, the property is positioned in a sought-after rental submarket. The location has a bike score of 65, indicating it is bikeable, a walk score of 74, indicating it is very walkable, and a transit score of 42, indicating some transit options are available.

Key Highlights

  • Five income‑producing units: one renovated detached home and four brand‑new ADUs.
  • All units are separately metered for utilities and solar is fully paid, reducing operating costs.
  • Turn‑key asset with modern construction and low‑maintenance design for immediate cash flow.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Dental Office Building Supply Kitchen & Bath Showroom Real Estate Agency HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

355
Businesses Nearby

Demographics for 92111, CA

46,686
Population
17,624
Households
2.6
Avg Household Size
37
Median Age
43%
College-Educated
88%
High-School Grad
8.5 sq mi
ZIP Area
5,492
Density / Sq Mi
$95,081
Median Household Income
$43,215
Median Earnings
$2,049
Median Rent
$754,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit property with new ADUs in desirable San Diego location.
Where is this apartment building located?
The property is located at 2848 Nye St San Diego, CA.
What is the asking price?
The asking price for this property is $2,125,000.
What are key features of this property?
This property features: Five income‑producing units: one renovated detached home and four brand‑new ADUs.; All units are separately metered for utilities and solar is fully paid, reducing operating costs.; Turn‑key asset with modern construction and low‑maintenance design for immediate cash flow.
More about this property
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