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3018 44th St

san diego, CA 92105

$2,200,000

    Interested? Let's Connect

    8-Unit Value-Add Opportunity in San Diego's City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego's oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it's one of the city's most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away.

    Details

    3,456 Sq Ft

    0.192 Private Acres Lot Size

    investment

    Built in 1984

    MLS/Listing ID PTP2606767

    8 Units

    Amenities & Features

    Community - Street Lights

    Public Sewer

    Common Area

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    TOTAL MONTHLY COST

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    • PRINCIPAL & INTEREST

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    • PROPERTY TAXES

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    • Common Charges

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    CRMLS

    Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.