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About the Listing SAND-62971 - SAND-640003
"Historic Golden Hill Treasure, 8 Updated Studios Wrapped in Old San Diego Charm." WHAT WE LOVE: This is not your typical 8-unit. It doesn’t feel like a box, it feels like a piece of Golden Hill history that just happens to produce income. Set up like a classic San Diego home with a true street presence, front approach, and multiple outdoor common areas, the property delivers something investors rarely get, character. All eight studios have been variously updated, giving the next owner a clean starting point without the heavy lift. It is the kind of opportunity that checks both sides of the equation, strong usability today with a vibe that tenants actually want to live in, which helps keep demand consistent and turnover low. WHAT WE LOVE (CONT…): Golden Hill has quietly become one of San Diego’s most sought after urban pockets, known for its blend of historic architecture, creative energy, and proximity to everything that matters. Minutes to Downtown, East Village, Balboa Park, and major transit corridors, yet elevated just enough to feel removed from the noise. That balance is exactly why tenants are drawn here. The property itself carries that same duality. From the street, it presents like a classic residence from an earlier era, not a cookie cutter apartment building. The layout creates a more residential feel with usable outdoor spaces, adding to the livability and tenant experience. All units are studio layouts - most with lofts, offering efficient footprints that continue to perform well in rental markets like this where location drives demand. For investors, this is a rare opportunity to own a multi-unit asset that stands apart from the typical inventory. Updated interiors reduce immediate capital needs, while the underlying character and location create long term appeal. Whether the goal is steady income, portfolio diversification, or a strategic hold in one of San Diego’s most dynamic neighborhoods, this property offers a compelling combination of stability, uniqueness, and future upside.
Listing Highlights
Status
Active
Days on Site
14
Property Type
Commercial Sale
MLS ®
260006538SD
Year Built
Total Square Footage
0
Lot/Acreage
0.12
County
San Diego
Area
92102 - San Diego
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Wall Furnace
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: R-4:MULTIP
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5343850300
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
849 22nd St San Diego, CA 92102
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