3042 48 Broadway, San Diego, CA 92102
Local realty services provided by:Better Homes and Gardens Real Estate Town Center
Listed by: gary giffin
Office: aare
MLS#:250045343SD
Source:CRMLS
Price summary
- Price:$2,200,000
About this home
Rarely available 4-unit multifamily investment property located in the Golden Hill's area of San Diego.This unique 1927 era 2-story building features a large fully fenced front yard, elevated off street, with lush grass and a gravel pathway. The back of the property includes a covered veranda area for barbecues, entertaining or simply relaxing.The units consist of two 2BR/ 1BA units averaging 825 sq. ft. and two 2BR / 1BA with office units averaging 907 sq. ft.Each well maintained unit has a private entrance and includes stove and refrigerator as well as historical design touches including hardwood floors, period tile in kitchens and baths and vintage built in cabinetry elements.Five off-street parking spaces are located at the rear of the property and the building also includes coin-op laundry room and hookups for expansion to double stacked laundry.Golden Hills is a popular and architecturally historic neighborhood near Balboa Park and Downtown San Diego.With easy access to the I-15, I-94 and I-805 freeways as well as shopping and dining. The area is a tremendously desirable location for both investors and tenants.This multifamily complex is an ideal turn key property for a new owner looking for investment opportunities in the desirable and flourishing neighborhood of Golden Hill. Possible tax benefits if registered with the city for Mills Act Historic Property designation. Rarely available rare 4-unit multifamily investment property located in the Golden Hills area of San Diego.This unique 1927 era 2-story building features a large fully fenced front yard, elevated off street, with lush grass and a gravel pathway. The back of the property includes a covered veranda area for barbecues, entertaining or simply relaxing.The units consist of two 2BR/ 1BA units averaging 825 sq. ft. and two 2BR / 1BA with office units averaging 907 sq. ft.Each well maintained unit has a private entrance and includes stove and refrigerator as well as historical design touches including hardwood floors, period tile in kitchens and baths and vintage built in cabinetry elements.Five off-street parking spaces are located at the rear of the property and the building also includes coin-op laundry room and hookups for expansion to double stacked laundry.Golden Hills is a popular and architecturally historic neighborhood near Balboa Park and Downtown San Diego.With easy access to the I-15, I-94 and I-805 freeways as well as shopping and dining. The area is a tremendously desirable location for both investors and tenants.This multifamily complex is an ideal turn key property for a new owner looking for investment opportunities in the desirable and flourishing neighborhood of Golden Hill. Possible tax benefits if registered with the city for Mills Act Historic Property designation.
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Home facts
- Year built:1927
- Listing ID #:250045343SD
- Added:47 day(s) ago
- Updated:January 23, 2026 at 11:37 AM
Heating and cooling
- Cooling:Wall Window Units
- Heating:Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1927
- Lot area:0.16 Acres
Finances and disclosures
- Price:$2,200,000
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