Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diegos most vibrant and rapidly growing neighborhoods. Spans two buildings on a corner lot and includes: (4) 2-bed/1-bath units, (3) 1-bed/1-bath units, (5) large 1-car garages, (5) storage units, gated courtyard, on-site laundry. Potential to convert garages to ADUs. Separate water meters/heaters for all units – tenants pay all utilities. Upgrades include new roofs (2016), new windows (last 34 years), interior improvements, various plumbing and electric upgrades, and a sewer main line replacement (15 years ago). Some upper units offer bay, bridge, and Downtown skyline views. With month-to-month tenants in place, there’s an estimated 43% income upside, and the units are ready for further upgrades. The location offers easy access to Downtown San Diego, Balboa Park, Petco Park, and the Gaslamp Quarter, plus convenient public transit and freeway access.
- Swimming Pool:
- N/K
- Country:
- US
- State:
- CA
- County:
- SD
- City:
- San Diego
- Zipcode:
- 92102
- Street:
- 20th Street
- Street Number:
- 165
- Longitude:
- W118° 51' 16.1''
- Latitude:
- N32° 42' 25.7''
- Directions:
- Google Maps
- Zoning:
- Assessor
- Office Name:
- Top Gun CRE
- Agent Name:
- Max Delbecq
- Number Of Units Total:
- 7
- Stories Total:
- 2
- Co List Agent Full Name:
- Kenneth Herskind
- Co List Agent Mls Id:
- CRP-813460
- Co List Office Mls Id:
- CRP-88291
- Co List Office Name:
- Top Gun CRE
- List Agent Mls Id:
- CRP-813457
- List Office Mls Id:
- CRP-88291
- Listing Term:
- Cash,Conventional,Exchange,FHA
- Mls Status:
- ACTIVE
- Modification Timestamp:
- 2025-10-29T15:20:43Z
- Originating System Name:
- CRP
Residential Income
165 20th Street, San Diego, CA 92102
- Property Type :
- Residential Income
- Listing Type :
- For Sale
- Listing ID :
- PTP2507257
- Price :
- $2,000,000
- Bedrooms :
- 3
- Bathrooms :
- 2
- Status :
- Active
- Property Sub Type :
- Res Income 2-4 Units
