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Condo-Quality 5-Unit Apartment Building
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2954 Mission Blvd, San Diego, CA 92109

A 5-unit apartment building built in the 1970s and remodeled in 2016 with in-unit washer/dryer and carports.

Property Size5,500 SF
Days on Market125

Property Features for 2954 Mission Blvd

General Information

Standard status Active
Size 5,500 SF
Total Parking Spaces 5
Property subtype Multifamily

Additional Details

Multifamily Units 5

Amenities

in-unit washer/dryer
carports with additional storage
converted elevator storage

Building Details

Year Renovated 2016
Tenancy Multi
Listing Agency: Coldwell Banker Commercial
Listed By: Anni Grimes · License #CA 01301792
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 4:56AM

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 Commercial

Investment Insights

Based on property information with market context.

This condo-quality 5-unit apartment building was constructed in the 1970s and remodeled in 2016. The property’s upgrades include tiled and wood flooring, stainless steel appliances, granite counters, and new cabinets in the kitchens and baths. The unit mix consists of two 2-bedroom, 2.5-bath homes and three 2-bedroom, 2-bath homes, each with in-unit washer/dryer. A building elevator was converted into additional storage for select units, and the property also features five carports with additional storage.

The building is located at 2954 Mission Blvd in San Diego, CA 92109.

On-site parking and storage are supported by five carports, and several units benefit from added interior storage created through the elevator conversion.

Key Highlights

  • 5‑unit condo‑quality building constructed in the 1970s and remodeled in 2016
  • Unit mix: two 2BD/2.5BA and three 2BD/2BA; approximately 1,100 SF each
  • Remodel upgrades include tiled/wood flooring, stainless steel appliances, granite counters, and new cabinets in kitchens and baths

Property Analytics

Current Use

Dover Sands Vacation ... Hotel & Motel

Suggested Use

Top Pick Dental Office Hair Salon Law Firm Building Supply Pharmacy Auto Repair Shop

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

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

467
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
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?
Apartment building - A 5-unit apartment building built in the 1970s and remodeled in 2016 with in-unit washer/dryer and carports.
Where is this apartment building located?
The property is located at 2954 Mission Blvd San Diego, CA.
What are key features of this property?
This property features: 5‑unit condo‑quality building constructed in the 1970s and remodeled in 2016; Unit mix: two 2BD/2.5BA and three 2BD/2BA; approximately 1,100 SF each; Remodel upgrades include tiled/wood flooring, stainless steel appliances, granite counters, and new cabinets in kitchens and baths
(858) 459-3851 Call to check price and availability
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