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.
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
$1,488,800 Zestimate®
$--/sqft
$4,823 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 10, 2024 at 10:59am
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#: 230006178
Originating MLS: San Diego Association of REALTOR

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 4
- 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
- Special conditions: N/K
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
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,488,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,488,800