2831–2837 Columbia Street offers investors a rare opportunity to acquire a four-unit apartment building in one of San Diego’s most sought-after urban neighborhoods. Perfectly positioned between Mission Hills, Bankers Hill, and Little Italy, the property delivers the ideal balance of strong in-place income, long-term appreciation, and unbeatable tenant appeal. With… Read More immediate access to Downtown San Diego, Balboa Park, the San Diego International Airport, and all major freeways, this asset combines location, lifestyle, and investment strength. The property consists of four spacious and modernized two-bedroom, one-bathroom apartments, each featuring premium in-unit amenities including its own washer/dryer and air conditioning (2 units), ensuring maximum comfort and convenience for tenants. In addition, every apartment comes with a separate oversized storage area—a highly desirable feature in this competitive rental market. Importantly, tenants are responsible for all utilities under their rental agreements, minimizing operating expenses and streamlining management for ownership. One of the most striking features of the property is its incredible, unobstructed views of Downtown San Diego and the San Diego Bay. This unique vantage point not only enhances the tenant living experience but also positions the property as a premier rental offering, creating consistently strong demand and long-term tenant retention. Read Less
Property listed by The Browar Group, Josh Browar 310-259-7556
Listing Snapshot
Days Online
92
Last Updated
Year Built
1959
MLS Number
2600826SD
Additional Details
Building
Built in 1959, 2 buildings, 2 stories, Levels: Two
Community
Park Name: 0
Cooling
SeeRemarks
Fence
Partial
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $140,340, Net Operating Income: $100,331
Roof
Composition
Taxes
Parcel Number: 4516620400
Tenant Pays
CableTv, Electricity, Gas, SeeRemarks, Sewer, TrashCollection, Water
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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