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Sold for $1,299,000 on 01/27/25
  • $1,299,000

    2496 Island Ave, San Diego, CA 92102

    7beds
    --sqft
    Multi Family
    Built in 1908
    -- sqft lot
    $1,284,700 Zestimate®
    $--/sqft
    $3,271 Estimated rent

    What's special

    Don't miss out on this rare multi-family opportunity in Sherman Heights! This stately Victorian is ideally situated on an elevated, corner lot and is just waiting for a savvy buyer/investor to unlock its full potential. With existing benefits such as property tax savings (Mills Act FUNDED!) and a convenient location near downtown San Diego, this property offers many possibilities for growth and improved ROI. The current unit mix includes three two-bedroom residences and a single bedroom residence, all featuring high ceilings, efficient layouts, and plenty of natural light. Explore possibility repurpose a spacious, unfinished 3rd floor which offers sweeping views of San Diego. Lot size could promote possible addition of ADUs as well, all potentials to be explored.

    Zillow last checked: 7 hours ago

    Listing updated: August 13, 2025 at 04:42am

    Listed by:

    Dino Morabito DRE #01415017 619-987-3066,

    Better Homes and Gardens Real Estate Napolitano & Associates,

    Bretton Molenaar DRE #02026840 757-293-8536,

    Better Homes and Gardens Real Estate Napolitano & Associates

    Bought with:

    Syncletica Maestas, DRE #01923315

    eXp Realty of California, Inc.

    Source: SDMLS,MLS#: 240020928MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Wall/Gravity
    Cooling
    • N/K
    Interior area
    • Total structure area: 0

    Property

    Features
    • Levels: Other/Remarks
    • Pool features: N/K
    • Spa features: N/K
    • Fencing: Other/Remarks
    • Has view: Yes
    • View description: City, Other/Remarks
    • Frontage type: Other/Remarks
    Lot
    • Size: 7,125 sqft
    • Dimensions: 75 x 95

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood
    • Roof: Composition
    Condition
    • Year built: 1908

    Utilities & green energy

    • Water: Meter on Property
    • Utilities for property: Sewer Connected

    Community & neighborhood

    Security
    • Security features: N/K
    Location
    • Region: San Diego
    • Subdivision: SAN DIEGO

    HOA & financial

    HOA
    • Services included: N/K

    Other

    Other facts
    • Listing terms: Cash,Conventional
    Services availability
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    Estimated market value

    $1,284,700