858-525-5007

165 20th, San Diego CA 92102 | $2,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type: Multi Family
  • Stories: 2
  • Year Built: 1966
  • MLS#: PTP2507231
  • Community: 92102 - San Diego

Listing provided courtesy of Max Delbecq of Top Gun CRE. Last updated 2025-11-10 09:36:17.000000. Listing information © 2025 SANDICOR.

Well-maintained 7-unit value-add multifamily property in the heart of Sherman Heights, one of San Diego’s most vibrant and rapidly growing neighborhoods. Spans two buildings on a corner lot and includes: (4) 2-bed/1-bath units, (3) 1-bed/1-bath units, (5) large 1-car garages, (5) storage units, gated courtyard, on-site laundry. Potential to convert garages to ADUs. Separate water meters/heaters for all units - tenants pay all utilities. Upgrades include new roofs (2016), new windows (last 3–4 years), interior improvements, various plumbing and electric upgrades, and a sewer main line replacement (15 years ago). Some upper units offer bay, bridge, and Downtown skyline views. With month-to-month tenants in place, there's an estimated 43% income upside, and units are ready for further upgrades. The location offers easy access to Downtown San Diego, Balboa Park, Petco Park, and the Gaslamp Quarter, plus convenient public transit and freeway access.

More Details

2 Stories
Parking Spots: 0.00

David Piper​

Call or Text: 858-525-5007

DRE# 02021985