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pleased to exclusively present for sale 2140–2144 1st Avenue, a meticulously restored five-unit Victorian apartment community located in the prestigious Bankers Hill neighborhood of San Diego, California. Perched above Downtown San Diego with sweeping views of the city skyline, San Diego Bay, and Point Loma, the property offers a rare combination of historic architectural significance, irreplaceable location, and modernized living accommodations. Following an extensive restoration program, ownership has thoughtfully preserved the property’s timeless Victorian character while incorporating high-quality interior and exterior improvements that rival those found in luxury single-family residences. The property consists of four spacious one-bedroom residences and one studio apartment, with each unit featuring a unique floor plan and distinct architectural character. Recent improvements include a fully refreshed exterior, upgraded flooring, custom-designed kitchens and bathrooms, premium fixtures and finishes, expansive walk-in closets, and bay windows in select units that maximize natural light and capitalize on the property’s elevated setting. Residents further benefit from beautifully maintained grounds and a private landscaped backyard that enhances the overall residential experience. A substantial storage area beneath the building provides additional utility and flexibility for ownership. 2140 1st Avenue presents investors with a compelling opportunity to acquire a boutique multifamily asset in one of SD's most supply contrained and desirable urban neighborhoods. The property’s historic charm, architectural distinction, and premier location create a highly differentiated rental offering that continues to attract quality tenants. Future ownership may further enhance revenue potential through continued interior modernization, the addition of in-unit laundry, and strategic common-area improvements designed to capture premium market rents. Situated in the heart of Bankers Hill, one of San Diego’s most affluent and walkable neighborhoods, the property benefits from immediate proximity to Balboa Park, Downtown San Diego, Little Italy, the Waterfront District, and the region’s largest employment centers. Residents enjoy convenient access to acclaimed restaurants, boutique retail, cultural institutions, healthcare campuses, and public transportation, all within a pedestrian-friendly environment characterized by mature tree-lined streets and historic architecture. With a Walk Score of 95, the location offers an exceptional blend of urban convenience and neighborhood charm. Supported by strong demographic trends, limited housing supply, and consistently high renter demand, Bankers Hill remains one of San Diego’s premier multifamily investment submarkets. 2140–2144 1st Avenue represents a rare opportunity to acquire a trophy-quality historic asset with durable income characteristics, meaningful upside potential, and long-term appreciation prospects in one of Southern California’s most coveted urban neighborhoods.

260023734SD MLS ⋅ Active Status

pleased to exclusively present for sale 2140–2144 1st Avenue, a meticulously restored five-unit Victorian apartment community located in the prestigious Bankers Hill neighborhood of San Diego, California. Perched above Downtown San Diego with sweeping views of the city skyline, San Diego Bay, and Point Loma, the property offers a rare combination of historic architectural significance, irreplaceable location, and modernized living accommodations. Following an extensive restoration program, ownership has thoughtfully preserved the property’s timeless Victorian character while incorporating high-quality interior and exterior improvements that rival those found in luxury single-family residences. The property consists of four spacious one-bedroom residences and one studio apartment, with each unit featuring a unique floor plan and distinct architectural character. Recent improvements include a fully refreshed exterior, upgraded flooring, custom-designed kitchens and bathrooms, premium fixtures and finishes, expansive walk-in closets, and bay windows in select units that maximize natural light and capitalize on the property’s elevated setting. Residents further benefit from beautifully maintained grounds and a private landscaped backyard that enhances the overall residential experience. A substantial storage area beneath the building provides additional utility and flexibility for ownership. 2140 1st Avenue presents investors with a compelling opportunity to acquire a boutique multifamily asset in one of SD's most supply contrained and desirable urban neighborhoods. The property’s historic charm, architectural distinction, and premier location create a highly differentiated rental offering that continues to attract quality tenants. Future ownership may further enhance revenue potential through continued interior modernization, the addition of in-unit laundry, and strategic common-area improvements designed to capture premium market rents. Situated in the heart of Bankers Hill, one of San Diego’s most affluent and walkable neighborhoods, the property benefits from immediate proximity to Balboa Park, Downtown San Diego, Little Italy, the Waterfront District, and the region’s largest employment centers. Residents enjoy convenient access to acclaimed restaurants, boutique retail, cultural institutions, healthcare campuses, and public transportation, all within a pedestrian-friendly environment characterized by mature tree-lined streets and historic architecture. With a Walk Score of 95, the location offers an exceptional blend of urban convenience and neighborhood charm. Supported by strong demographic trends, limited housing supply, and consistently high renter demand, Bankers Hill remains one of San Diego’s premier multifamily investment submarkets. 2140–2144 1st Avenue represents a rare opportunity to acquire a trophy-quality historic asset with durable income characteristics, meaningful upside potential, and long-term appreciation prospects in one of Southern California’s most coveted urban neighborhoods.

2140 1st Avenue, Downtown

$4,500,000

New to market for the first time in over 26 years, 2301-2323 Brant Street presents a rare opportunity to acquire a well-maintained 12-unit multifamily asset in one of San Diego's most desirable urban neighborhoods, just steps from Little Italy, Downtown, and Balboa Park. Set on an oversized corner lot elevated above street level, the gated property features two buildings connected by a central landscaped courtyard, with select units enjoying city and bay views. The unit mix consists of eight (8) upgraded one-bedroom, one-bathroom units and four (4) upgraded two-bedroom, two-bathroom units, with dedicated garages for 8 of the 12 units. Every unit has received cosmetic upgrades, including newer kitchens and dual-pane windows, with dedicated laundry rooms for each building. The property has historically strong occupancy and is currently 100% leased, offering an investor immediate, stable income in an irreplaceable infill location.

260022362SD MLS ⋅ Active Status

New to market for the first time in over 26 years, 2301-2323 Brant Street presents a rare opportunity to acquire a well-maintained 12-unit multifamily asset in one of San Diego's most desirable urban neighborhoods, just steps from Little Italy, Downtown, and Balboa Park. Set on an oversized corner lot elevated above street level, the gated property features two buildings connected by a central landscaped courtyard, with select units enjoying city and bay views. The unit mix consists of eight (8) upgraded one-bedroom, one-bathroom units and four (4) upgraded two-bedroom, two-bathroom units, with dedicated garages for 8 of the 12 units. Every unit has received cosmetic upgrades, including newer kitchens and dual-pane windows, with dedicated laundry rooms for each building. The property has historically strong occupancy and is currently 100% leased, offering an investor immediate, stable income in an irreplaceable infill location.

2301 Brant Street, Downtown

$3,894,000

Melrose Apartments is a charming 16-unit community located at 2164 Second Avenue in the highly desirable Bankers Hill neighborhood of San Diego, California. Built in 1920, the property features a mix of 14 studios and two one-bedroom / one-bathroom apartments. The property has charming original character, including hardwood floors, crown molding, Mission-style curved parapet, wide hallways, and an ornate wood/glass entry. The property's classic character and original architectural details are highly appealing to renters. While the property has been well maintained, there is an opportunity for a new owner to renovate and modernize kitchens and bathrooms, providing a path to increase rents while preserving the property's character. With a 94 Walk Score, Melrose Apartments is exceptionally well positioned within one of San Diego's most walkable and desirable urban neighborhoods. Residents are surrounded by acclaimed restaurants, cafés, shops, and neighborhood services, including Mister A's, Cucina Urbana, and Azuki Sushi. Balboa Park is just four blocks away, offering 1,200 acres of gardens, museums, cultural attractions, recreational amenities, and scenic trails. Residents can also walk to Little Italy, one of San Diego's most popular dining and entertainment districts.

260021201SD MLS ⋅ Active Status

Melrose Apartments is a charming 16-unit community located at 2164 Second Avenue in the highly desirable Bankers Hill neighborhood of San Diego, California. Built in 1920, the property features a mix of 14 studios and two one-bedroom / one-bathroom apartments. The property has charming original character, including hardwood floors, crown molding, Mission-style curved parapet, wide hallways, and an ornate wood/glass entry. The property's classic character and original architectural details are highly appealing to renters. While the property has been well maintained, there is an opportunity for a new owner to renovate and modernize kitchens and bathrooms, providing a path to increase rents while preserving the property's character. With a 94 Walk Score, Melrose Apartments is exceptionally well positioned within one of San Diego's most walkable and desirable urban neighborhoods. Residents are surrounded by acclaimed restaurants, cafés, shops, and neighborhood services, including Mister A's, Cucina Urbana, and Azuki Sushi. Balboa Park is just four blocks away, offering 1,200 acres of gardens, museums, cultural attractions, recreational amenities, and scenic trails. Residents can also walk to Little Italy, one of San Diego's most popular dining and entertainment districts.

2164 2nd Ave, Downtown

$5,250,000

pleased to present 1451 8th Avenue, a 25-unit apartment community located in the highly desirable Cortez Hill neighborhood of Downtown San Diego. Originally constructed in 1914, the property consists of a unique mix of studio units, one-bedroom apartments, and a penthouse/commercial unit, offering investors a rare opportunity to acquire a character-rich asset in one of Downtown San Diego’s most established residential enclaves. The property also features a shared laundry facility and a substantial basement-level storage area, providing added convenience for tenants and potential operational upside for ownership. Additionally, the offering includes attractive assumable financing, with an existing $1.25 million loan at a 3.45% fixed interest rate through September 2030, presenting a compelling opportunity to secure below-market debt in today’s higher interest rate environment. Situated in Cortez Hill, the property benefits from one of the most walkable residential neighborhoods in Downtown San Diego, where residents enjoy convenient access to daily amenities, restaurants, retail, and entertainment. The location places tenants within walking distance of several of Downtown’s most vibrant districts including Little Italy, the Gaslamp Quarter, and East Village, all of which offer a wide array of dining, nightlife, shopping, and employment opportunities. Additionally, Balboa Park, one of the nation’s largest urban parks and home to numerous museums and the San Diego Zoo, is located just minutes away, providing exceptional outdoor and cultural amenities.

260011471SD MLS ⋅ Active Status

pleased to present 1451 8th Avenue, a 25-unit apartment community located in the highly desirable Cortez Hill neighborhood of Downtown San Diego. Originally constructed in 1914, the property consists of a unique mix of studio units, one-bedroom apartments, and a penthouse/commercial unit, offering investors a rare opportunity to acquire a character-rich asset in one of Downtown San Diego’s most established residential enclaves. The property also features a shared laundry facility and a substantial basement-level storage area, providing added convenience for tenants and potential operational upside for ownership. Additionally, the offering includes attractive assumable financing, with an existing $1.25 million loan at a 3.45% fixed interest rate through September 2030, presenting a compelling opportunity to secure below-market debt in today’s higher interest rate environment. Situated in Cortez Hill, the property benefits from one of the most walkable residential neighborhoods in Downtown San Diego, where residents enjoy convenient access to daily amenities, restaurants, retail, and entertainment. The location places tenants within walking distance of several of Downtown’s most vibrant districts including Little Italy, the Gaslamp Quarter, and East Village, all of which offer a wide array of dining, nightlife, shopping, and employment opportunities. Additionally, Balboa Park, one of the nation’s largest urban parks and home to numerous museums and the San Diego Zoo, is located just minutes away, providing exceptional outdoor and cultural amenities.

1541 8th Avenue, Downtown

$17,850,000

HUGE PRICE REDUCTION!! 509 Park is a 71-unit, 32,750-square-foot property in Downtown San Diego’s East Village, just steps from Petco Park and the San Diego Convention Center. Originally constructed in 1869 as the Bay View Hotel, this historic landmark has been rejuvenated and re-imagined to blend Victorian charm with contemporary style, offering a sophisticated lifestyle that bridges past and present. The property features spacious studio units with private kitchens and bathrooms, seamlessly combining classic elegance with modern functionality. A comprehensive renovation in 2023-2025 preserved the building’s historic character while adding modern amenities. Located in East Village, a vibrant hub of cultural events, festivals, and art exhibitions, 509 Park offers a prime urban lifestyle. The neighborhood is home to the San Diego Padres’ Petco Park and provides a dynamic mix of residential, commercial, and cultural opportunities.

260007453SD MLS ⋅ Active Status

HUGE PRICE REDUCTION!! 509 Park is a 71-unit, 32,750-square-foot property in Downtown San Diego’s East Village, just steps from Petco Park and the San Diego Convention Center. Originally constructed in 1869 as the Bay View Hotel, this historic landmark has been rejuvenated and re-imagined to blend Victorian charm with contemporary style, offering a sophisticated lifestyle that bridges past and present. The property features spacious studio units with private kitchens and bathrooms, seamlessly combining classic elegance with modern functionality. A comprehensive renovation in 2023-2025 preserved the building’s historic character while adding modern amenities. Located in East Village, a vibrant hub of cultural events, festivals, and art exhibitions, 509 Park offers a prime urban lifestyle. The neighborhood is home to the San Diego Padres’ Petco Park and provides a dynamic mix of residential, commercial, and cultural opportunities.

509 Park Boulevard, Downtown

$2,100,000

2141 Front Street is a well-located 6-unit investment property in the highly desirable Bankers Hill neighborhood, just minutes from Balboa Park, Downtown San Diego, and Little Italy. The property consists of two separate buildings with a unit mix of two 2-bedroom/1-bath units and four studios. The property has been recently renovated with upgraded electrical systems and interior improvements, and units feature laminate flooring, air conditioning, and functional layouts. Select units offer private outdoor areas, and the property includes a secure fenced entry. This is a compelling value-add opportunity in one of San Diego’s most sought-after central locations with strong long-term rental demand.

260005034SD MLS ⋅ Active Status

2141 Front Street is a well-located 6-unit investment property in the highly desirable Bankers Hill neighborhood, just minutes from Balboa Park, Downtown San Diego, and Little Italy. The property consists of two separate buildings with a unit mix of two 2-bedroom/1-bath units and four studios. The property has been recently renovated with upgraded electrical systems and interior improvements, and units feature laminate flooring, air conditioning, and functional layouts. Select units offer private outdoor areas, and the property includes a secure fenced entry. This is a compelling value-add opportunity in one of San Diego’s most sought-after central locations with strong long-term rental demand.

2141 Front Street, Downtown

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