2411-21 L Street, San Diego, CA 92102

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
2411-21 L Street,San Diego, CA 92102
$2,450,000
  • 1 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: maxwell brown
Office: commercial asset advisors
MLS#:PTP2600781
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,450,000

About this home

2411-21 L St provides an investor a well-located partial new construction 10 unit asset + 2 planned ADUs. This is truely a trifecta turnkey, new construction, & value-add combination in Central San Diego priced significantly below market comparables for a quick sale! The property is conveniently located within a 5 minute drive to some of San Diego's most desirable attractions including Petco Park, Downtown San Diego, Coronado Island, San Diego Waterfront, the Gaslamp District, and Balboa Park. The property consists of 6 gut renovated cottages with all new sewer and water supply lines, 4 brand new construction studios with vaulted ceilings, and 2 brand new plumbed and wired garages with plans ready to convert into (2) 2 bed / 1 bath ADUs. The pre-planned garages allow for a significant cost savings on ADU conversation as all infrastructure systems are in place and ready to be tapped. The property produces a strong 11.22 GRM and 5.80% cap rate in current form. The Property can be...

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Home facts

  • Listing ID #:PTP2600781
  • Added:90 day(s) ago
  • Updated:May 01, 2026 at 02:05 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2

Finances and disclosures

  • Price:$2,450,000
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