SoldDec 2, 2022

Listed by Thomas McCartin from Marcus & Millichap

Source: San Diego MLS #220022776

2328 2nd Avenue, San Diego, CA, 92101

$2,100,000

4
4
3248 sq. ft.

MultiFam

30+ days on the market

Sold: Dec 2, 2022

What's around 2328 2nd Avenue

About this property

Major Price Reduction of 15%!!! This property is a must see. Interior Condition is above average. 3 or possible 4 units will be delivered empty at the close of escrow allowing an investor to start with a blank slate to either rent out immediately or upgrade to achieve $2800-$3000/unit in rental income. This well-maintained 4-unit Garden Style Apartment Building is located in Banker’s Hill. The property is minutes from downtown San Diego and only a few blocks away from the world-renowned Balboa Park. Long-term ownership has taken excellent care of the property with little to no deferred maintenance for a new owner. The property underwent a $200,000 renovation in 2006 that included installing new electrical, plumbing, and exterior paint. All 4 units are 1 Bedroom/ 1 Bath about 813 SqFt. In the current condition, we feel confident that a new owner can rent each of the 1 BR units for around $2,700/month. Each unit offers larger-than-average floorplans for 1BRs as well as in-unit Washer & Dryer Hookups.

Looking for more information on 2328 2nd Avenue?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldJul 13, 2026
$1,635,000
21921 Kalmia Street
San Diego CA 92101
4
2
Multi-Family
Listing courtesy of Pacific Sotheby's Int'l Realty and Compass
SoldOct 14, 2025
$900,000
2311 State Street
San Diego CA 92101
4
2
Multi-Family
Listing courtesy of Daniel W. Withers

Other properties sold by Marcus & Millichap

SoldJul 24, 2026
$1,510,000
502024 Brighton Avenue
San Diego CA 92107
4
4
Multi-Family
Listing courtesy of Marcus & Millichap
SoldJul 13, 2026
$1,625,000
604 South Roosevelt Street
Tempe AZ 85281
16
Multi-Family
Listing courtesy of Marcus & Millichap
SoldJul 13, 2026
$1,485,000
770 Opal Drive
San Jose CA 95117
Duplex
Listing courtesy of Marcus & Millichap and Wonder Estate

Browse properties sold in nearby areas

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Copyright © 2026 San Diego MLS.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent