
The Mendes Company
Listed by The Mendes Company
$1,925,000
N/A
Details
APN 4510911700
Property Type Multifamily
Sub Type Apartment Building
Square Footage 3,100
Units 3
Cap Rate 3.10%
Year Built 1950
Buildings 3
Zoning RS-1-7
Multifamily | 3.10% CAP | 3 Units
Marketing description
Welcome to 802–06 Sutter Street, a rare Mission Hills triplex with a charming detached single-family residence plus two rear cottages. Situated in a neighborhood dominated by low-density, high-end single-family homes, income properties of this caliber almost never come to market here — making this an exceptional ownership opportunity at an attainable entry point for the savvy investor or owner-occupant buyer alike. The front house — a 2-bedroom, 1.5-bath home with a private backyard — will be delivered vacant in June 2026, creating a turnkey owner-occupant opportunity. Move in, enjoy one of San Diego's most coveted addresses, and let the two rear detached cottages (2BD/1BA and 2BD/1.5BA) generate income from day one. The rear cottages offer compelling rental upside through light cosmetic renovations — think fresh finishes and updated kitchens that can meaningfully lift rents in a neighborhood where demand perennially outpaces supply. Mission Hills consistently attracts quality long-term renters & owners drawn to its walkability, character architecture, and proximity to Little Italy, Hillcrest, and Balboa Park. Looking further ahead, the site presents future ADU potential — adding a unit could maximize the land's income-generating capacity and drive significant long-term appreciation.
Listing Contacts

The Mendes Company
Listed by The Mendes Company
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