2567-69 L Street
San Diego
92102
$1,318,000
Residential Income
beds: 8
baths: 4.0
0 sq. ft.
built: 2006
- Status:
- Active
- Prop. Type:
- Residential Income
- MLS® Num:
- 260001464
- Bedrooms:
- 8
- Bathrooms:
- 4
- Year Built:
- 2006
- Photos (29)
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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 and new kitchen. Walkable neighborhood to downtown, staple restaurants like Turf Club and other fun bars and restaurants.
- Property Sub Type:
- Res Income 2-4 Units
- Number of Buildings:
- 2
- County Or Parish:
- San Diego
- Market Area:
- Metro Central
- Neighborhood Code:
- Sherman Heights
- Name of Complex/Subdivision:
- SAN DIEGO
- Building Name:
- Sherman Heights
- Total Building Area:
- 0 sq. ft.
- Total Floor Area:
- 0 sq. ft.
- Total Bedrooms:
- 8
- Bathrooms:
- 4
- Full Bathrooms:
- 4
- Half Bathrooms:
- 0
- Stories:
- Other/Remarks
- Year Built:
- 2006
- Age (in years):
- 20 year(s)
- Short Sale:
- false
- Home Owner Fees Include:
- N/K
- Mello Roos Fee:
- $0
- Other Fees:
- $0
- Monthly Total Fees:
- $0
- Terms:
- Cash, Conventional, VA
- Cap Rate.:
- 5.21
- Gross scheduled income:
- 90984.0
- Other income actual:
- 0
- Operating expense:
- 3335.0
- Gross Rent Multiplier:
- 15.0
- Number of Units:
- 4
- Number of Units with Cooling:
- 4
- Tenant pays:
- Trash, Water, Electricity
- View:
- N/K
- Special Listing Conditions:
- N/K
- Age Restrictions:
- N/K
- Construction Material:
- Stucco
- Lot Size:
- 0 sq. ft.
- Parcel Number:
- 535-492-03-00
- Heating:
- Baseboard, Combination Heating, Fireplace
- Cooling:
- Central Forced Air, Wall/Window
- Utilities:
- Sewer Connected
- Pool Features:
- N/K
- Roof:
- Composition
- Security:
- N/K
- Water supply:
- Meter on Property
- Irrigation:
- Other/Remarks
- Pets Allowed:
- Yes
- Zoning:
- RM 3-7
- Fencing:
- Full
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Listed by LPT Realty,Inc
Data was last updated January 24, 2026 at 07:10 AM (UTC)
Area Statistics
- Listings on market:
- 56
- Avg list price:
- $1,500,000
- Min list price:
- $649,000
- Max list price:
- $11,950,000
- Avg days on market:
- 66
- Min days on market:
- 2
- Max days on market:
- 1,437
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.
- ANDREW GREENBERG
- BIG BLOCK REALTY
- 1 (619) 2484916
- Contact by Email
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 © 2026 San Diego Multiple Listing Service, Inc.
Andrew Greenberg
Big Block Realty
Office Address:
2820 Camino Del Rio S. Suite 314
San Diego, CA, 92108
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 © 2026 San Diego Multiple Listing Service, Inc.