
Listed by CBRE - San Diego
$4,500,000
2164 2nd Avenue
Details
APN 5331721200
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,625
Units 16
Cap Rate 3.87%
Buildings 1
Stories 2
Multifamily | 3.87% CAP | 16 Units
Marketing description
pleased to present 2164 Second Avenue, a 16-unit multifamily property ideally located in the highly sought-after Bankers Hill neighborhood of San Diego, California. Built in 1920, the property offers an attractive unit mix consisting of fourteen (14) studio/1-bath units and two (2) one-bedroom/one-bath units, catering to a wide range of tenants seeking quality housing near San Diego’s vibrant urban core. Situated just steps from Balboa Park, and minutes from Downtown San Diego, Little Italy, and the waterfront, 2164 Second Avenue benefits from exceptional accessibility to major employment centers, cultural landmarks, and everyday conveniences. Its central location and walkable surroundings make it highly desirable for residents drawn to Bankers Hill’s blend of historic charm, upscale dining, and park-side living. The property offers significant value-add potential, with opportunities to enhance both interior and exterior features through modern upgrades and operational improvements—positioning the next owner to capture meaningful rent growth and long-term appreciation.
Listing Contacts

Listed by CBRE - San Diego
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Zoning
RM-3-7 ResidentialMulti FamilyResidential Multiple Unit
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