2328 2nd Avenue, San Diego, CA 92101

Property Description

Introducing a rare opportunity to own a Spanish Revival fourplex in the highly desirable neighborhood of Bankers Hill. Set in one of San Diego’s most walkable and sought-after locations, 2328 2nd Ave offers timeless character, flexible living options, strong income potential, and future upside. The property features four beautiful units, including two upstairs 2-bedroom, 1-bath residences with private balconies and two downstairs 1-bedroom, 1-bath residences. The top unit captures beautiful ocean and city views, while the building itself showcases classic Spanish Revival charm throughout. Select units have been tastefully remodeled with engineered hardwood floors, modern fixtures, designer kitchens, and updated finishes. The remaining units have been preserved in great condition, offering original character and immediate rental appeal. Each unit also includes its own dedicated washer and dryer room, adding convenience and functionality for tenants or owner-users. Additional highlights include a newer roof, a spacious driveway with ample off-street parking, and a generous backyard with room to create inviting outdoor living spaces. The lot also presents exciting long-term potential for added density, ADUs, or future development opportunities. Located moments from Balboa Park, Little Italy, the airport, and some of San Diego’s best restaurants, bars, and neighborhood amenities, this property offers an exceptional blend of lifestyle and investment value. Whether you’re looking to live in one unit and rent the others, create a private family compound, or lease the entire property for strong cash flow, this rare Bankers Hill fourplex is a standout opportunity in a premier urban location.