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Sold for $1,537,000 on 08/07/23
  • $1,537,000

    979 W Laurel St, San Diego, CA 92101

    2beds
    --sqft
    Multi Family
    Built in 2007
    -- sqft lot
    $1,402,000 Zestimate®
    $--/sqft
    $4,274 Estimated rent

    Owner options

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    $4,274/mo

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    $4,274/mo

    Rent Zestimate®

    Refinance and save

    $9,626/mo

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    $9,626/mo

    Est. payment

    What's special

    We are pleased to present the opportunity to acquire 979 Laurel Street, San Diego, CA 92101, located in the heart of Little Italy. Two income-producing units plus a garage that can be converted for additional income. Perfect investment for a 1031 exchange. Both units are fully remodeled. This duplex can be utilized for a variety of different investment options. Can operate as one unit or independently and also can be used as a work / live space. Current short-term rental restrictions allow for one unit to automatically gain a short-term rental license while the other unit is occupied either by the owner or long-term tenant. A total of 2,200 SF with updated amenities and move-in ready. Just minutes from the airport, walkable to bars, restaurants and the bay, this location can’t be beat. The project location, strong market fundamentals and lack of new inventory should lead to a stable cash-flow.

    Zillow last checked: 7 hours ago

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

    Listed by:

    Marc Lipschitz DRE #01048968 619-857-2882,

    Compass,

    Jenica Martin DRE #01933551 925-787-1911,

    Douglas Elliman of California, Inc.

    Bought with:

    Jenica Martin, DRE #01933551

    Douglas Elliman of California, Inc.

    Source: SDMLS,MLS#: 230006178MLS LogoOriginating MLS: San Diego Association of REALTOR

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Cooling
    • Central Forced Air
    Interior area
    • Total structure area: 2,000

    Property

    Features
    • Levels: 3 Story
    • Fencing: Full
    Lot
    • Size: 871.20 sqft
    Details
    • Zoning: COMMERCIAL
    • Zoning description: COMMERCIAL

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block
    • Roof: Composition
    Condition
    • Year built: 2007

    Community & neighborhood

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

    Other

    Other facts
    • Listing terms: Other/Remarks
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    Estimated market value
    $1,402,000