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North Park Multifamily Investment Opportunity
For Sale
$1,089,000

2926 Polk Avenue, San Diego, CA 92104

Multifamily property in vibrant North Park, San Diego.

Property Size840 SF
Price / SF$1,296
Days on Market210

Property Features for 2926 Polk Avenue

General Information

Standard status Active
Size 840 SF
Property subtype Residential Income
Zoning CC-3-6

Amenities

1 Story
Zoned Area(s)
Zoned Areas
2.0
1
2
3
Composition, Rolled/Hot Mop
Full
Value in Land
Other/Remarks
Wood/Stucco

Building Details

Year Built 1921
Listing Agency: Coldwell Banker West
Listed By: Christopher T Burgos · License #02122669
Source: Compass
Added: Jan 31 Changed: Aug 27 Last Checked: Aug 28 at 6:10PM

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 Coldwell Banker West

Investment Insights

Based on property information with market context.

Located in the central North Park neighborhood, this property presents multiple opportunities as a primary residence with an additional dwelling unit (ADU), a two-unit investment property, or a development prospect due to its CC 3-6 zoning. The short-term rental market is projected to trend toward $144,000 in 2026. Situated in one of San Diego’s strongest appreciation markets, the property benefits from its location in a sought-after urban neighborhood known for its vibrant culture, award-winning restaurants, breweries, coffee shops, boutiques, and nightlife. The area combines historic charm with modern redevelopment and offers exceptional walkability, providing residents with easy access to retail, dining, parks, entertainment, and public transit. This lifestyle-driven demand fuels strong appreciation trends, low vacancy rates, and high rental desirability. The property offers stable cash flow in a supply-constrained, high-demand market. More than an income-producing property, it represents a strategic foothold in one of San Diego’s vibrant and appreciating neighborhoods. The property size is 840 square feet.

Key Highlights

  • Prime location in North Park, a highly desirable and appreciating San Diego neighborhood.
  • Zoned CC 3‑6, offering development potential for increased density.
  • Suitable as a primary residence with ADU, 2‑unit investment property, or short‑term rental.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Nursing Home

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

2,789
Businesses Nearby

Demographics for 92104, CA

44,265
Population
24,580
Households
1.8
Avg Household Size
36
Median Age
55%
College-Educated
94%
High-School Grad
3.7 sq mi
ZIP Area
11,964
Density / Sq Mi
$92,862
Median Household Income
$60,195
Median Earnings
$1,925
Median Rent
$861,600
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?
Duplex - Multifamily property in vibrant North Park, San Diego.
Where is this duplex located?
The property is located at 2926 Polk Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $1,089,000.
What are key features of this property?
This property features: Prime location in North Park, a highly desirable and appreciating San Diego neighborhood.; Zoned CC 3‑6, offering development potential for increased density.; Suitable as a primary residence with ADU, 2‑unit investment property, or short‑term rental.
More about this property
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