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32009262
32009276

4205 Mason St., San Diego, CA 92110

Compass
Compass
Listed by Compass
$1,995,000
38 days on market
Updated 37 days ago

N/A

Details
APN 442-661-02-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,354
Units 2
Cap Rate 2.26%
Year Built 1938
Buildings 1
Zoning R-3

Multifamily | 2.26% CAP | 2 Units

Marketing description

A RARE Old Town investment and lifestyle opportunity across from Presidio Park. Ideally located in the heart of historic Old Town--One of San Diego's most visited destinations--this unique multiunit property offer exceptional flexibility for investors, owner-users, or those seeking a prime, short-term rental opportunity. Positioned directly across from Presidio Park with the San Diego Mission and walking trails, the property benefits from constant tourism, walkability, and unmatched local charm. Old Town consistently attracts more visitors than any other destination in San Diego, making this a highly desirable location for furnished or vacation rentals. The property features two units, newly built in 2024, with existing year-long leases (until Jan. 2027), providing immediate income. The upstairs home is a 3 bedroom, 2 full bath with lovely views and beautiful, clean finishes throughout. The downstairs unit is a 2 bedroom/2 bath and lovely kitchen. This unit was the 2 car garage converted into a comfortable and good-looking living space. There is a full fenced in yard with 2 gates on either side of the home. There is one outdoor patio space downstairs and an outdoor deck with great views for the top unit. This is the most convenient location in town and there is nothing you can't do from this well-thought-out compound in the heart of Old Town.
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Compass
Compass
Listed by Compass

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