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Renovated Multifamily Property
For Sale
$1,950,000

942 23rd St, San Diego, CA 92102

Six-unit residential property with updated interiors, furnished-rental use, and shared outdoor amenities.

Property SizeContact for details
Days on Market136

Property Features for 942 23rd St

General Information

Standard status Active
Property subtype Mixed Use

Units

Unit Mix 4 x 1BR/1BA, 1 x studio, 1 x 1BR/2BA
Multifamily Units 6

Additional Details

Furnished Yes

Amenities

modernized kitchens
smart locks
mini-split HVAC
solar panels
BBQ
outdoor kitchen
gas firepit
spa
Window/Wall Unit
3
Composition

Building Details

Year Renovated 2021
Listing Agency: Bridgepoint Realty Inc
Listed By: Alexander Kohl · License #02024212
Source: Xome
Added: Apr 17 Changed: Aug 29 Last Checked: Aug 29 at 7:44PM

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 Bridgepoint Realty Inc

Investment Insights

Based on property information with market context.

This multifamily property includes six residential units: four one-bedroom, one-bathroom units, one studio, and one one-bedroom, two-bathroom unit. Five units are legal, while one is nonconforming. A 2021 renovation introduced updated kitchens, smart locks, mini-split HVAC systems, and fully paid solar panels.

The property also includes an outdoor entertaining area with a BBQ, outdoor kitchen, gas firepit, and spa. It has operated as a furnished rental, providing an established residential use with varied unit configurations.

Key Highlights

  • Six total units with four 1‑bedroom/1‑bathroom units, one studio, and one 1‑bedroom/2‑bathroom unit
  • Five legal units plus one nonconforming unit
  • Comprehensive 2021 renovation

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Tanning Salon Restaurant Butcher Clothing & Fashion 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

2,247
Businesses Nearby

Demographics for 92102, CA

39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
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 - Six-unit residential property with updated interiors, furnished-rental use, and shared outdoor amenities.
Where is this apartment building located?
The property is located at 942 23rd St San Diego, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Six total units with four 1‑bedroom/1‑bathroom units, one studio, and one 1‑bedroom/2‑bathroom unit; Five legal units plus one nonconforming unit; Comprehensive 2021 renovation
More about this property
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