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3042-48 Broadway, San Diego, CA 92102

$2,200,000 Approx. USD 8 beds, 4 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Gary B Giffin
Lic#: 01459257
Broker: Courtesy of AARE
Phone: 858-401-0204

Agent Remarks

Rarely available 4-unit multifamily investment property located in the Golden Hill's area of San Diego.This unique 1927 era 2-story building features a large fully fenced front yard, elevated off street, with lush grass and a gravel pathway. The back of the property includes a covered veranda area for barbecues, entertaining or simply relaxing.The units consist of two 2BR/ 1BA units averaging 825 sq. ft. and two 2BR / 1BA with office units averaging 907 sq. ft.Each well maintained unit has a private entrance and includes stove and refrigerator as well as historical design touches including hardwood floors, period tile in kitchens and baths and vintage built in cabinetry elements.Five off-street parking spaces are located at the rear of the property and the building also includes coin-op laundry room and hookups for expansion to double stacked laundry.Golden Hills is a popular and architecturally historic neighborhood near Balboa Park and Downtown San Diego.With easy access to the I-15, I-94 and I-805 freeways as well as shopping and dining. The area is a tremendously desirable location for both investors and tenants.This multifamily complex is an ideal turn key property for a new owner looking for investment opportunities in the desirable and flourishing neighborhood of Golden Hill. Possible tax benefits if registered with the city for Mills Act Historic Property designation.

Listing Details

Property type: Res Income 2-4 Units (Multi-Family)

Status: ACTIVE

MLS# 260024775

Price: $2,200,000

Beds: 8

Baths: 4 (4 full)

Built in 1927

2 stories

0.16 acres

Subdivision: SAN DIEGO

County: San Diego

Zoning: R-4:MULTIP

Construction: Wood

MLS area: Metro Central

Pets Allowed: Allowed w/Restrictions

Last Updated: 10/13/2026

Days On Market (DOM): 23

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Lat/Long: 32.716231, -117.128618.
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