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Jerrod Waller

jwaller@sdrealtyco.com +1(858) 822-8634

$10,250,000

Est. payment - /mo

29 Beds

29 Baths

15,620 SqFt

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Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 15,620 sqft

Price per Sqft $656

MLS Listing ID 260006443

Bedrooms 29

Full Baths 25

Half Baths 4

Lot Size 0.459 Acres

Property Sub-Type Com-Res Income

Property Description

Price reduced to $10,250,000. First time on the market—an exceptional and rare 21-unit, condo-quality asset in the heart of Mission Hills. This trophy investment offers immediate and substantial upside. Current rents are approximately $1,000 below market per unit, creating a clear path to increased cash flow. Positioned for a sophisticated value-add investor, the property presents multiple strategies to unlock value. These include potentially converting 16 garages into additional units (subject to approvals) or undertaking a full-scale renovation and repositioning to achieve premium market rents. Residents enjoy a highly desirable amenity package: gated entry, 15 open parking spaces, 16 garages, central AC/heat, private balconies and patios, 20 working fireplaces, elevator access, on-site laundry, and four expansive community BBQ/view decks. Ideally located at the end of Goldfinch Street in one of Mission Hills' most sought-after pockets, this offering combines strong in-place fundamentals with long-term appreciation and exceptional rental demand—an irreplaceable opportunity to elevate income and secure a premier asset in a supply-constrained market.

Location

State CA

County San Diego

Community Bbq, Elevator

Area Metro Uptown

Zoning RM-3-7

Interior

Heating Central Forced Air Elec

Cooling Central Forced Air Elec

Flooring Slab

Fireplace No

Laundry Owned

Exterior

Parking Features Garages, Spaces

View Y/N No

Roof Type Composition,Tile

Total Parking Spaces 31

Building

Dwelling Type Apartment

Story 3

Others

Senior Community No

Tax ID 4444111400

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/260006443

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Listed by Mark A Morgan, DRE#01339919 South Coast Commercial, Inc.

NEARBY SCHOOL & BUSINESS

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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4069-4077 Goldfinch San Diego, CA 92103