Occupied Duplex Investment
311-13 28th Street San Diego, CA 92102
311-13 28th Street, San Diego, CA, 92102
Contact for pricing
For Sale
Contact for pricing
Pending
Duplex with tenants on month-to-month leases, with a rent increase effective 11/1/25.
Property Size1,280 SF
Days on Market250
Property Features for 311-13 28th Street
General Information
- Standard status
- Pending
- Size
- 1,280 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1925
Listing agency
Ohana Team Realty
Listed by
Myrna Manaloto · License #01744262
Source
Crexi
Added: Nov 14, 2025 Updated: Jul 22 at 6:37AM Checked: Jul 22 at 6:37AM
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 Ohana Team Realty
Investment Insights
Based on property information with market context.
Back on market, pending cancellation of escrow, is an income-producing duplex rental property currently occupied by tenants on month-to-month leases. A rent increase is effective 11/1/25.
The property is described as low maintenance and is situated close to freeways and Downtown San Diego.
This is a straightforward rental configuration offered for sale with current occupancy and an in-place scheduled rent change.
The property is described as low maintenance and is situated close to freeways and Downtown San Diego.
This is a straightforward rental configuration offered for sale with current occupancy and an in-place scheduled rent change.
Key Highlights
- Duplex rental property built in 1925
- Currently occupied by tenants on month‑to‑month leases
- Rent increase effective 11/1/25
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.6k | $27.00 |
| − Vacancy | −$1.8k | −$1.41 |
| EGI | $32.8k | $25.59 |
| − OpEx | −$9.8k | −$7.68 |
| NOI | $22.9k | $17.91 |
1,280 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$327.6K
$286.6K – $382.2K
NOI $22,929 @ 7.0% cap · market cap 3.28%
Second Best
Apartment 5plus
$302.2K
$264.5K – $352.6K
NOI $21,156 @ 7.0% cap · market cap 3.02%
Theoretical Best
Specialty Retail
$505.6K
$442.4K – $589.8K
NOI $35,389 @ 7.0% cap · market cap 5.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Duplex with tenants on month-to-month leases, with a rent increase effective 11/1/25.
Where is this duplex located?
The property is located at 311-13 28th Street San Diego, CA.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Duplex rental property built in 1925; Currently occupied by tenants on month‑to‑month leases; Rent increase effective 11/1/25
