Your Chance to Own an Income-Producing 4-Unit in the Heart of Sherman Heights. Welcome to 2567–69 L Street, an exceptional opportunity to acquire a well-located multifamily property just blocks from Downtown San Diego. Perfectly positioned within walking distance to restaurants, bars, and cafés, this property combines strong current income with significant value-add potential. The property sits on a large 7,089 sq. ft. lot, offering owner occupy or investors the option to build up or add an additional unit utilizing the existing garage. Current rents are below market, presenting immediate upside in rental income. The community consists of four units across two buildings, totaling 2,468 rentable sq. ft.: One 3 bed / 1 bath unit Two 2 bed / 1 bath units One 1 bed / 1 bath non-conforming unit Select units have already been upgraded with new tile flooring in kitchens and baths, granite countertops, modern appliances, and updated cabinetry. With its prime location, large lot, and under-market rents, 2567–69 L Street is a compelling investment opportunity for both immediate cash flow and long-term growth.
Data was last updated September 18, 2025 at 11:10 PM (UTC)
Area Statistics
Listings on market:
63
Avg list price:
$1,650,000
Min list price:
$695,000
Max list price:
$18,900,000
Avg days on market:
64
Min days on market:
2
Max days on market:
1,309
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 data is not produced by the MLS® system.