Golden Hill Multifamily Investment Opportunity

904 24th St, San Diego, CA 92102

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For Sale

$2,650,000

Historic 8-unit apartment complex in San Diego's Golden Hill neighborhood.

Type:Multifamily

Property size:

5,760 SF

Lot size:

0.18 Acres

Price / SF:

$460/SF

HighLights

Prime Golden Hill location with a high Walk Score (89), offering easy access to dining, shopping, and cultural attractions.
Significant value‑add potential through renovations and restorations to achieve market‑leading rents.
Diverse unit mix (8 units: one 2‑bed/1.5‑bath, three 2‑bed/1‑bath, two 1‑bed/1‑bath, two studios) providing varied income streams.
Historic property (built in 1910) with original features like hardwood floors and vaulted ceilings.
Potential for ADU construction on unused lot space, further increasing density and rental income.
Convenient access to Balboa Park and major freeways (I‑5 and SR‑94).

We can help!

Listing Contact

Ben Sierpina

Learn more

For Sale

$2,650,000

Historic 8-unit apartment complex in San Diego's Golden Hill neighborhood.

Type:Multifamily

Property size:

5,760 SF

Lot size:

0.18 Acres

Price / SF:

$460/SF

Added:: Apr 3, 2026
Days on Market:: 69
Last Refresh:: Apr 3 at 5:09 am

Property Features for 904 24th St

General Information

Standard status: Active
Size: 5,760 SF
Lot size: 0.18 Acres
Property subtype: Multifamily

We can help!

Listing Contact

Ben Sierpina

Listing agent Ben Sierpina License #CA: 02062416

Listing office San Diego Downtown Office

Listing date Apr 3, 2026

Source Marcusmillichap

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 San Diego Downtown Office

HighLights

Prime Golden Hill location with a high Walk Score (89), offering easy access to dining, shopping, and cultural attractions.
Significant value‑add potential through renovations and restorations to achieve market‑leading rents.
Diverse unit mix (8 units: one 2‑bed/1.5‑bath, three 2‑bed/1‑bath, two 1‑bed/1‑bath, two studios) providing varied income streams.
Historic property (built in 1910) with original features like hardwood floors and vaulted ceilings.
Potential for ADU construction on unused lot space, further increasing density and rental income.
Convenient access to Balboa Park and major freeways (I‑5 and SR‑94).

Overview

Located in the Western Slopes of San Diego’s Golden Hill neighborhood, this 8-unit apartment complex was built in 1910. The property has a Walk Score of 89, reflecting its pedestrian-friendly location. The asset spans two parcels totaling 7,609 square feet and features approximately 5,760 rentable square feet. The unit mix includes one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1-bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). Interiors feature built-in storage, vaulted ceilings, original hardwood floors, and natural light from large windows. There is potential for renovations and restorations to achieve market-leading rents and enhanced cash flow. Unused lot spaces between the buildings could allow for the potential construction of an ADU. Residents have access to Golden Hill’s dining, shopping, and cultural scene, with Balboa Park and major freeways (I-5 and SR-94) nearby. This property is a stabilized, income-producing asset with rental growth potential.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: San Diego
County: San Diego
State: California
Longitude: -117.1426459
Latitude: 32.7149444

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For sale
Apartment buildings
CA
San Diego
92102
904 24th St

What type of property is this?

Apartment building - Historic 8-unit apartment complex in San Diego's Golden Hill neighborhood.

Where is this apartment building located?

The property is located at 904 24th St San Diego, CA.

What is the asking price?

The asking price for this property is $2,650,000.

What are key features of this property?

This property features: Prime Golden Hill location with a high Walk Score (89), offering easy access to dining, shopping, and cultural attractions.; Significant value‑add potential through renovations and restorations to achieve market‑leading rents.; Diverse unit mix (8 units: one 2‑bed/1.5‑bath, three 2‑bed/1‑bath, two 1‑bed/1‑bath, two studios) providing varied income streams.

904 24th St, San Diego, CA 92102

Historic 8-unit apartment complex in San Diego's Golden Hill neighborhood.

Property Features for 904 24th St

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Freestanding Commercial Building on University

San Diego Multifamily Investment Opportunity

Well-Maintained Duplex with Detached Garages

Hillcrest Multifamily Investment Opportunity

San Diego Retail Auto Facility

Townhome-Style Multifamily Property

Mixed-Use Corner Property with Office

Corner-Lot Residential Income Triplex

Renovated Duplex with Private Yards

Old Town San Diego Quadruplex

Retail Opportunity Near Ocean Beach

Renovated Triplex with ADU Potential

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