2311 State Street

San Diego CA 92101

2339 sq. ft.

Multi-Family

Last sold for $900,000

Michael Kasser, last sold this property on 14 October 2025 after 139 days on market.

Overview

Pleased to exclusively present this 2-Unit property with (2) 2-bedrooms/1-bathroom units in Bankers Hill, with one of the units being Non-Conforming. This property is zoned commercial, CC-3-4, which has multiple uses per city zoning code. Opportunities for retail, office and a potential third unit would be ideal for this location. A walker’s paradise & Walk Score (91), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. The units are significantly below market. A new buyer can capitalize on bringing rents up, with approximately 83% rental upside. This is an ideal site for short-term rental located just across the Highway from Little Italy. Bankers Hill is seeing lots of activity in relation to new apartment development positioning this properties location for long term growth.

Features

4 bedrooms

2 bathrooms

2339 sq. ft. floor area

Multi-Family

Estimated Value

We need at least 3 similar 4 bedroom multi families sold in San Diego over the last 12 months.

Property history for 2311 State Street

2025

Sold

$900,000

14 Oct 2025 by Michael Kasser, of Daniel W. Withers

Happy sellers in San Diego

98%

98% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in San Diego over the last 12 months.

Local market activity for 4 bedroom multi families in San Diego

Sold

For Sale

Interested in selling?

People are reaching out to these agents in San Diego for a market analysis.

Chad Basinger

at eXp Realty of Southern California, Inc.

(123 reviews)

Get a market analysis

Diana Alexandru

(9 reviews)

Get a market analysis

Marilyn Comiskey

at The Comiskey Group

(50 reviews)

Get a market analysis

Doug Canaris

at Coldwell Banker West

(10 reviews)

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in San Diego

Chad Basinger

Sellers who recommend Chad Basinger have praised them for being local expert, responsive, clear communication, patient, detail-oriented, great negotiation, and supportive