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Three-Unit Residential Income with Garages
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2918-22 Upshur, San Diego, CA 92106

Three 1-bed, 1-bath units plus two rented one-car garages in a coastal Bay-side area.

Property SizeContact for details
Days on Market55

Property Features for 2918-22 Upshur

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 3

Building Details

Year Built 1954
Buildings 2
Units 3
Tenancy Multi
Listing Agency: South Coast Commercial
Listed By: Kevin Hemstreet · License #CA 01490629
Source: Crexi
Added: Jun 19 Changed: Aug 8 Last Checked: Aug 11 at 5:09AM

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 South Coast Commercial

Investment Insights

Based on property information with market context.

This is a 3-unit residential income property with all units configured as 1 bedroom and 1 bathroom. In addition to the units, the property includes (2) 1-car garages, and those garages are currently rented. The offering also presents an opportunity to own an adjacent 5-unit property, as the owner is selling both together.

The property is described as being just blocked from the San Diego Bay and the San Diego Yacht Club, positioned on a desirable parcel within the San Diego area.

For tenants, the consistent 1-bedroom, 1-bath layout can simplify occupancy and leasing decisions. For buyers, the combination of three residential units and two income-producing garage spaces supports a straightforward mixed-arrangement within a single asset. The separate adjacent 5-unit property being available provides additional flexibility for an owner considering portfolio expansion, subject to buyer due diligence.

Key Highlights

  • 3‑unit property built in 1954, with all units configured as 1 bed and 1 bath
  • Includes (2) 1‑car garages that are currently rented
  • Total unit mix: three 1‑bed, 1‑bath units plus two rented one‑car garages

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Pharmacy Building Supply Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience 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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,566
Businesses Nearby

Demographics for 92106, CA

20,214
Population
7,908
Households
2.6
Avg Household Size
39
Median Age
63%
College-Educated
97%
High-School Grad
5.7 sq mi
ZIP Area
3,546
Density / Sq Mi
$127,209
Median Household Income
$55,428
Median Earnings
$2,231
Median Rent
$1,359,000
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?
Triplex - Three 1-bed, 1-bath units plus two rented one-car garages in a coastal Bay-side area.
Where is this triplex located?
The property is located at 2918-22 Upshur San Diego, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 3‑unit property built in 1954, with all units configured as 1 bed and 1 bath; Includes (2) 1‑car garages that are currently rented; Total unit mix: three 1‑bed, 1‑bath units plus two rented one‑car garages
(619) 226-6011 Call to check price and availability
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