438 Denby St, San Diego, CA 92102

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
438 Denby St,San Diego, CA 92102
$2,800,000
  • 11 Beds
  • 9 Baths
  • 4,415 sq. ft.
  • Multi-family
  • Active
Listed by: cameron ebrahimi
Office: bridgepoint realty inc
MLS#:260016542
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$634.2

About this home

We're pleased to present 438 Denby Street; a fully stabilized turn-key multifamily offering comprised of nine units on five detached structures. The property consists of one fully remodeled detached single-family home and eight brand-new construction units in the rear completed in 2026. The property totals approximately 4,415 rentable square feet on a 6,573-square-foot parcel. Featuring a solid 6% entry CAP. What distinguishes this offering is that it is already fully stabilized: generating $19,600 of monthly income and $235,200 of annual gross. There is no lease-up, renovation, or rent-repositioning risk left to execute - a buyer steps into durable, day-one cash flow at delivery. Eight of the nine units are AB 1482 exempt from rent control limitations. All utilities are sub-metered, shifting utility costs to residents. The unit mix pairs the remodeled detached 2-bed/1-bath home at $2,925, one - 2-bed/1-bath unit at $2,500 and seven 1-bed/1-bath units averaging $2,025 monthly....

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Home facts

  • Listing ID #:260016542
  • Added:1 day(s) ago
  • Updated:July 10, 2026 at 03:18 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:4,415 sq. ft.

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Building area:4,415 sq. ft.
  • Levels:2 Story

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$634.2
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