2919 Ivy Street, San Diego, CA 92104

Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
2919 Ivy Street,San Diego, CA 92104
$2,595,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: conor brennan
Office: marcus & millichap
MLS#:250044737SD
Source:CRMLS

Price summary

  • Price:$2,595,000

About this home

CBRE is pleased to present 2919 Ivy Street, a rare opportunity to acquire a 4-unit multifamily property located in the heart of the highly coveted South Park (NSD) neighborhood. Positioned on a quiet residential street overlooking Balboa Park, this boutique asset—known as The Heron on Ivy—off ers a compelling combination of modern fi nishes, immediate cash fl ow and long-term value stability in one of San Diego’s most supply-constrained rental markets. The property is comprised of four fully furnished studio apartments, each approximately 450 square feet and generating an eff ective gross income of $17,587 per month, or $211,054 the trailing 12 months. Each unit has been thoughtfully designed and recently remodeled to refl ect a sophisticated urban aesthetic, featuring open layouts, abundant natural light, and high-quality fi nishes. The units are separately metered and include utilities and high-speed internet, providing a turnkey operation with minimal management burden. Notably,

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Home facts

  • Year built:1912
  • Listing ID #:250044737SD
  • Added:22 day(s) ago
  • Updated:December 19, 2025 at 02:27 PM

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Electric

Structure and exterior

  • Roof:Composition
  • Year built:1912
  • Lot area:0.05 Acres

Finances and disclosures

  • Price:$2,595,000
Based on information from California Regional Multiple Listing Service, Inc. as of December 19, 2025 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.