2565 Columbia Street
San Diego, CA 92103

  • 5 beds
  • 4 baths
  • 2,100 sqft
  • 5,621 sqft lot
  • $807 per sqft
  • 1939 build
  • on site

Price reduced! Charming, renovated 1939 triplex perfect for owner-occupant. Downtown/Bay views. Extremely well-located at the junction of highly desirable Middletown, Mission Hills, and Bankers Hill. Tenant occupied, but possibility for owner-occupant - call for details. 2 structures. 5,621 SF corner parcel. Front is a 2bed/2bath turnkey house est. @ 1,100 SF w/ private side covered porch with exclusive Downtown and bay views. Interior has been tastefully renovated - all new kitchen/baths, lighting, flooring, paint, SS appliances, cabinets. Rented to long-term tenant at $4.5K/month. Rear 2-story duplex w/ (2) 1bed/1bath units, est. @ 500 SF each, rented to month-month tenants. These units have been recently refreshed but are primed for further upgrades + rent upside. Tenants enjoy private fenced front/side yard areas for additional outdoor relaxation/BBQ space. Newer windows, electrical upgrades, newer mini-split HVAC systems, and exterior landscaping upgrades with new fencing, paint, and drought-tolerant plants. 2 carports offering at least 3 off-street parking spaces and a common-area laundry room for additional income. All units have some views of either Downtown, the Bay or both. Zoned RM-2-5; base density of 1 unit/1,500 SF of land. Complete Communities (Tier 3/6.5x FAR) and Transit Priority Area Overlay zones, both of which lend significant density bonus potential and reduced parking requirements in this prized, coastal location. Fantastic long-term opportunities for investors and developers to explore significant high-density development options. Seller has confirmed any preexisting historical restrictions can be waived; airport authority will allow up to 60’ max. new bldg. height, and has also completed a preliminary architect feasibility study for development of 20-40 multifamily units. Don’t miss this fantastic opportunity to acquire a value-add coastal asset with healthy current income and development potential in one of San Diego’s most desirable residential submarkets!

California Regional MLS logo Listed By CRMLS_CA / Max Delbecq / Top Gun CRE / maxd@topguncre.com

Last checked: Checking… • Last updated Apr 29, 2024 •

MLS# PTP2401263 —

This property is listed in more than one place. See it here, and here.

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Sale history

Date Event Source Price % Change
4/29/24
Pending CRMLS_CA $1,695,000
4/1/24
Price Changed CRMLS_CA $1,695,000 -3.1%
3/22/24
Price Changed CRMLS_CA $1,749,000 -2.6%

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Max Delbecq

Top Gun CRE

maxd@topguncre.com

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This multifamily located in Downtown San Diego, San Diego, CA 92103 is currently pending sale for $1,695,000. 2565 Columbia Street is a 2,100 square foot multifamily with 5 beds and 4 baths that has been on Estately for 59 days. 2565 Columbia Street is in the Downtown San Diego neighborhood of San Diego and has a WalkScore® of 89, making it very walkable. This multifamily is in the attendance area of Washington Elementary School, San Diego High School, Roosevelt International Middle School, and Point Loma High School.

California Regional MLS logo Listing Courtesy of: CRMLS_CA and Top Gun CRE. Based on information from California Regional Multiple Listing Service, Inc. as of 15:52 on May 04.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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