112-120 E Redwood Street, San Diego, CA 92103
112-120 E Redwood Street, San Diego, CA 92103
112-120 E Redwood Street, San Diego, CA 92103
112-120 E Redwood Street, San Diego, CA 92103
112-120 E Redwood Street, San Diego, CA 92103
112-120 E Redwood Street, San Diego, CA 92103
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$ 2,799,900
Est. payment | /mo

6 Beds

5 Baths

5,236 Sqft Lot


$ 2,799,900
Est. payment | /mo

6 Beds

5 Baths

5,236 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision San Diego

MLS Listing ID 260011969

Bedrooms 6

Full Baths 5

Year Built 1936

Lot Size 5,236 Sqft

Lot Dimensions 51x102

Property Sub-Type Res Income 2-4 Units

Property Description

A rare 3-unit Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,850/mo each on month-to-month leases; projected market gross $17,000/mo. Three single garages currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay.

Location

State CA

County San Diego

Area Metro Uptown

Zoning R-3:RESTRI

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Connected

View Y/N Yes

Water Access Desc Meter on Property

View Bay, City, Evening Lights

Roof Type Composition

Building

Story 1

Water Meter on Property

Level or Stories 1

Others

Senior Community No

Tax ID 452-612-05-00

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Virtual Tour https://vimeo.com/1190820535

MLS Router / San Diego MLS
Listed by Gregg R Neuman, DRE#00809392 Berkshire Hathaway HomeServices California Properties 

Schools and Properties Nearby

Erick Sevilla

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112-120 E Redwood Street