528 Olive Street & 2820 6th Ave

San Diego, CA 92103
  • $5,250,000

    Price

About the Listing SAND-62951 - SAND-703739

We are pleased to present 6TH & Olive, an 18-unit multifamily offering situated at the cusp of Southern California's iconic Balboa Park. The uniquely positioned dual corner parcels at 528 Olive Street & 2820 6th Avenue create a distinctive cottage-style residential enclave in one of San Diego's most established and affluent urban neighborhoods, offering a living environment that stands in stark contrast to the area's growing inventory of large-scale apartment developments. Positioned directly across from Balboa Park and within walking distance of Bankers Hill & Hillcrest’s dining and entertainment district and Downtown San Diego, the property benefits from an exceptional location that continues to attract residents seeking an urban lifestyle that still honors neighborhood character & charm. The Bankers Hill/Hillcrest corridor has experienced substantial investment in recent years, with numerous luxury and ultra-luxury apartment communities reinforcing the strength of the rental market and supporting long-term rent growth. Unlike conventional multifamily assets, 6TH & Olive offers investors the opportunity to acquire a dual parcel property with architectural charm, a highly desirable low-density cottage-style layout, and meaningful value-add upside. The property’s unit mix includes six studio units averaging approximately 490 square feet and twelve one-bedroom/one-bathroom units averaging approximately 671 square feet, offering a practical floor plan composition tailored to the area’s renter base.

Listing Highlights for 528 Olive Street & 2820 6th Ave

Status Active
Days on Site 2
Property Type Commercial Sale
MLS ® 260024760SD
Year Built

Interior Details

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Exterior Details

  • Lot Description: No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 0
  • Roof:
  • Others: 2+ Total Units
  • Sewer:

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 45266403 452664040
  • Tax Year: N/A

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Listing Location

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528 Olive Street & 2820 6th Ave San Diego, CA 92103

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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