
Listed by Palma Commercial
$1,675,000
2127 Front St.
Details
APN 533-171-05-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 2,920
Units 4
Cap Rate 3.52%
Year Built 1980
Buildings 1
Lot Size (SqFt) 5,236
Multifamily | 3.52% CAP | 4 Units
Marketing description
Glad to introduce for sale 2127 Front Street, a great +/-1980's-built four-plex in Bankers Hill, within walking distance (+/-3 blocks) to Little Italy, boasting tremendous potential for adding value to the (4) existing 1-bedroom/1-bathroom units (+/-730 SF each) via modernization, and/or by adding more density to the site in one way or another, on a +/-5,236 SF lot with favorable zoning. The current building is essentially two and a half stories tall, comprised of all spacious 1-bedroom/1-bathroom units of similar design, each with generous living areas, modest yet functional kitchens, quasi open floor plans, and a roomy bedroom with large walk-in closet. There are peek bay/water views currently from most units, common entry is gated with dial pad access, and there is commercial laundry equipment on site for tenants use. The parking situation at 2127 Front Street is excellent, with 5 surface off-street spaces, one of which is tandem. There is a large parking area in front, with a common area walkway/bbq area in back. Units are separately metered for gas and electricity, the roof is flat, windows have been upgraded with dual-pane vinyl, and yet unit interiors could use a refresher or a reset. There seems plenty of room to add in-unit laundry if one were so inclined. All units feature west-facing views, allowing for beautiful evening sunsets over the San Diego Bay with the thrill of planes flying overhead throughout the day, as many tourists and residents alike arrive to this fine city nearby.
Listing Contacts

Listed by Palma Commercial
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
RM-3-7 ResidentialMulti FamilyResidential Multiple Unit
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 190 uses
View all 190 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?











