2204-2206 Albatross St
Metro Central San Diego 92101

$2,030,000
2-4 Units 4,731 sq. ft. built: 1910

Balcony
Photo 1: SAN DIEGO Property for sale: 2204-2206 Albatross St
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
240028898
Year Built:
1910
Discover this rare gem (Irving Gill Design) in the highly sought-after Bankers Hill neighborhood, a vibrant area steeped in history and charm. This income-generating duplex offers breathtaking views of the bay and downtown skyline, providing a unique living experience for tenants or potential owners. The property is zoned for four units, offering incredible potential for expansion and increased income. Whether you're an investor or looking for a property to call home while generating rental revenue, this is an exceptional opportunity. The upstairs unit currently operates as an Air BnB rental. The duplex features well-maintained units with an inviting ambiance, each offering a front-row seat to San Diego’s stunning sunsets. With its central location, residents enjoy easy access to dining, Downtown, Seaport Village, Balboa Park, and major transportation routes. Don’t miss out on this incredible chance to own a piece of Bankers Hill history with endless possibilities for growth and income. Home was remolded in 2010.
Total Floor Area:
4,731 sq. ft.
Lot Size:
4,000-7,499 SF
Lot Size:
4,792 sq. ft.
Number of Buildings:
1
Number of Units:
2
Year Built:
1910
Stories:
2 Story
Total Stories:
2
Market Area:
Metro Central
Community:
SAN DIEGO
County:
San Diego
Neighborhood Code:
BANKERS HILL
Name of Complex/Subdivision:
BANKERS HILL
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
Other/Remarks
Other income:
0
Annual expense actual:
37460
Cap Rate.:
2.59
Gross Rent Multiplier:
12.5
Gross scheduled income:
162000
Finished Area for Unit 1:
1,202 sq. ft.
Bedrooms for Unit 1:
1
Number of bathrooms for Unit 1:
1
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
0.0
Total Parking Spaces for Unit 1:
0
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
Common
Finished Area for Unit 2:
925 sq. ft.
Bedrooms for Unit 2:
2
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
4825.0
Total Parking Spaces for Unit 2:
0
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
Common
Number of bathrooms for Unit 3:
0
Total Parking Spaces for Unit 3:
0
Number of bathrooms for Unit 4:
0
Total Parking Spaces for Unit 4:
0
W. IVY ST, BRANT ST
Exterior Features:
Stucco
Cooling:
Central Forced Air, Other
Number of Units with Cooling:
2
Number of Units with Dishwashers:
0
Number of Units with Dryers:
2
Number of Units with Fireplaces:
1
Number of Furnished Units:
0
Number of Units with Garages:
1
Number of Units with Patios:
1
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
2
Roof:
Rolled/Hot Mop
Security:
N/K
Fencing:
Full
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional, FHA, VA
Parcel Number:
533-155-05-00
  • Photo 1: SAN DIEGO Property for sale: 2204-2206 Albatross St
    Balcony
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    Entry
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    Entry
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    Family Room
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    Den/Family/Great Room
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    Dining Area
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    Kitchen
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    Kitchen
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    Kitchen
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    Breakfast Area
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    Bedroom
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    Bedroom
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    Bedroom
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    Bathroom
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    Facade/Exterior Front
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    Family Room
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    Family Room
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    Den/Family/Great Room
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    Bathroom
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    Balcony
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    Exterior Back
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    Balcony
Listed by LPT Realty,Inc
Data was last updated April 1, 2025 at 07:10 AM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$1,124,400
Min list price:
$625,000
Max list price:
$4,350,000
Avg days on market:
49
Min days on market:
4
Max days on market:
378
Avg price per sq.ft.:
$156.8
These statistics are generated based on the current listing's property type and located in Metro Central. Average values are derived using median calculations.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego Multiple Listing Service, Inc.