33
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$2,400,000
Est. payment /mo
8 Beds
8 Baths
5,053 Sqft Lot
New
1308-14 Locust St San Diego, CA 92106
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Point Loma
MLS Listing ID 250044460
Bedrooms 8
Full Baths 8
Year Built 1991
Lot Size 5,053 Sqft
Lot Dimensions 102X50
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Point Loma 4-Unit Apartment Building – Steps to Shelter Island Exceptional opportunity to own a well-maintained 4-unit apartment building in one of Point Loma's most desirable locations—just three blocks from Shelter Island. All four units are identical, spacious 1,550 sq ft, 2-bed/2-bath floor plans, each with in-unit washer/dryer, generous living spaces, and private outdoor areas. The top-floor units feature vaulted ceilings that fill the interiors with natural light. The property is in excellent condition, with value-add potential through modernization and strategic updates. Rents are currently below market, offering immediate upside for investors. Property Highlights: 4 identical units – 1,550 sq ft each, 2 bed / 2 bath One unit is vacant and available to show; 3 units shown with offer Month-to-month tenants in all occupied units In-unit washer/dryer in every residence Vaulted ceilings & abundant natural light in top-floor units Lush, mature landscaping creates a serene, tree-house atmosphere Secure underground parking garage with ample parking Private storage rooms for each unit Premium Point Loma location near harbor, restaurants, marinas, and coastal amenities This is a rare chance to acquire a high-quality, income-producing asset with strong appreciation potential in one of San Diego's most coveted coastal neighborhoods.
Location
State CA
County San Diego
Area Coastal South
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Schools
School District San Diego Unified School Distric
Others
Senior Community No
Tax ID 531-306-07-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Virtual Tour https://tours.wowmediaservices.com/s/3136-40-Emerson-St-San-Diego-CA-92106
Listed by Jeff Larabee Larabee Real Estate
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