- BHGRE®
- California
- San Diego
- 2629 Island Ave
2629 Island Ave, San Diego, CA 92102
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Upcoming open houses
- Fri, Feb 0603:00 pm - 06:00 pm
- Sat, Feb 0712:00 pm - 03:00 pm
- Sun, Feb 0812:00 pm - 03:00 pm
Listed by: joshua massieh
Office: joshua daniel massieh
MLS#:PTP2600934
Source:San Diego MLS via CRMLS
Price summary
- Price:$300,000
- Price per sq. ft.:$407.61
About this home
CASH OR HARD MONEY ONLY - Historic Gem with Mills Act Potential Rare opportunity to acquire a designated historic property at 2629 Island Ave in the heart of San Diego's vibrant Little Italy/Bankers Hill corridor. This home offers significant upside for the right investor or owner-user. Key Highlights: Mills Act Eligible: Potential property tax savings of 40-60% annually through San Diego's historic preservation program Proven Income History: Former short-term rental generating $6,000/month gross income Prime 92101 Location: Walking distance to downtown, waterfront, restaurants, and entertainment Current Status: Property has outstanding code violations from recent remodeling work that must be resolved by buyer. Sold strictly AS-IS. Cash or hard money financing required - no conventional or FHA/VA loans. Ideal For: Experienced investors comfortable with code compliance issues Buyers seeking Mills Act tax advantages Those looking to restore a historic property to rental or primary residence This is a unique chance to own a piece of San Diego history while capturing substantial tax benefits. Property priced to reflect current condition and violation resolution costs. Serious inquiries only from qualified cash buyers.
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Home facts
- Year built:1920
- Listing ID #:PTP2600934
- Added:1 day(s) ago
- Updated:February 06, 2026 at 12:28 AM
Rooms and interior
- Bedrooms:1
- Total bathrooms:2
- Full bathrooms:1
- Half bathrooms:1
- Living area:736 sq. ft.
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Year built:1920
- Building area:736 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$300,000
- Price per sq. ft.:$407.61
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