$2,400,000

1308-14 Locust St, San Diego, CA 92106

  • 8 beds |
  • 8 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1991
  • Property Lot Size Icon5,227sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

Prime Point Loma 4-Unit Apartment Building – Steps to Shelter Island Exceptional opportunity to own a well-maintained 4-unit apartment building in one of Point Loma’s most desirable locations—just three blocks from Shelter Island. All four units are identical, spacious 1055 sq ft, 2-bed/2-bath floor plans, each with in-unit washer/dryer, generous living spaces, and private outdoor areas. The top-floor units feature vaulted ceilings that fill the interiors with natural light. The property is in excellent condition, with value-add potential through modernization and strategic updates. Rents are currently below market, offering immediate upside for investors. Property Highlights: 4 identical units – 1,550 sq ft each, 2 bed / 2 bath One unit is vacant and available to show; 3 units shown with offer Month-to-month tenants in all occupied units In-unit washer/dryer in every residence Vaulted ceilings & abundant natural light in top-floor units Lush, mature landscaping creates a serene, tree-house atmosphere Secure underground parking garage with ample parking Private storage rooms for each unit Premium Point Loma location near harbor, restaurants, marinas, and coastal amenities This is a rare chance to acquire a high-quality, income-producing asset with strong appreciation potential in one of San Diego’s most coveted coastal neighborhoods.

Listing Status:
Active
Listing Office:
Larabee Real Estate : 619-955-5159
Listing Agent:
Jeff Larabee : 619-840-6280
MLS ID:
250044460
  • A/C: N/K
  • Roofing: Tile/Clay
  • General: Stucco2 Story
  • Originating MLS: SDMLS
  • School District: San Diego Unified School Distric
  • County: San Diego
  • Zoning: 531-306-07-00
  • Fencing: Partial
  • Source: SDMLS

This listing courtesy of Jeff Larabee, Larabee Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cabrillo Elementary School

3120 Talbot St, San Diego, CA, 92106

Grades KG-4

0.30 miles away

C

Correia Middle School

4302 Valeta St, San Diego, CA, 92107

Grades 7-8

1.66 miles away

P

Point Loma High School

2335 Chatsworth Blvd, San Diego, CA, 92106

Grades 9-12

1.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.