Located just east of downtown San Diego in the historic district of Sherman Heights, this 4-unit rental property features a two-story duplex main house plus two detached bungalow units, each with private patios. Three units are tenant-occupied for steady cash flow, while one is vacant and ready for a new tenant or owner-occupant. Live in one unit, rent the others, or lease all four—the choice is yours! Recent upgrades to the roof, electrical panel, and cosmetic details add value, while zoning (RX-1-1) allows for future development potential. The property also includes two open-air parking spaces with alley access, offering reliable long-term income and a prime investment near Petco Park, San Diego City College, Balboa Park, and downtown.
For sale
$1,675,000
2451 Island Ave #53, San Diego, CA 92102
7beds
--sqft
Est.:
Multi Family
Built in 2014
-- sqft lot
$1,678,000 Zestimate®
$--/sqft
$-- HOA
What's special
Private patiosTwo-story duplex main houseDetached bungalow units
- 68 days
- on Zillow |
- 366 |
- 19 |
Zillow last checked: 7 hours ago
Listing updated: August 22, 2025 at 10:11am
Listed by:
Misael Rojas DRE #02237217 619-678-4203,
Keller Williams San Diego Metro
Source: SDMLS,MLS#: 250031055
Originating MLS: San Diego Association of REALTOR

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Wall/Gravity
Cooling
- N/K
Interior area
- Total structure area: 3,363
Video & virtual tour
Property
Features
- Levels: 2 Story
- Fencing: Full
- Has view: Yes
- View description: City, Other/Remarks
Lot
- Size: 6,969.6 Square Feet
- Dimensions: 50' x 140'
Details
- Parcel number: 5354710800
- Zoning: RX-1-1
- Zoning description: RX-1-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood
- Roof: Composition
Condition
- Year built: 2014
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: Other/Remarks
- Subdivision: SAN DIEGO
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $547,169
- Annual tax amount: $6,681
- Date on market: 6/19/2025
- Listing terms: Cal Vet,Cash,Conventional,Exchange,FHA,VA
- Tenant pays: Electricity, Gas/Propane, Other/Remarks
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