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1268 74 Locust StSan Diego, CA 92106

For Sale

$2,995,000

Smart Buyer Rebate $29,950

A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by! A rare opportunity to own an amazing multifamily investment property in beautiful Point Loma, one of the most sought-after areas in San Diego. This never-before-listed gem, custom-built in 1992 on a corner lot, speaks to comfort and functionality. Each of the four units consist of two bedrooms and two full bathrooms, with one of the bathrooms being a primary en suite. Residents will enjoy the convenience of an indoor washer and dryer, a cozy gas fireplace, a wet bar, a private balcony, ample closet space throughout, and an abundance of natural light streaming through the expansive windows and skylights. They are all a generous 1,055 square feet and the top two units have vaulted ceilings which provide an even more spacious feel. An ideal and invaluable feature of this property is its gated subterranean garage with a parking spot and additional storage closet for each unit. The property’s driveway also allows for tandem parking and leads to a small communal area featuring a brick BBQ. An added perk? Each of the four units is equipped with its own water meter, ensuring autonomy and efficiency. Located just blocks from tranquil Shelter Island and only minutes from an array of shopping, dining, schools, and local attractions, this property offers a unique chance to own a prime piece of real estate in one of San Diego’s highly desirable locales. Don’t let it pass you by!

Listed by Karine Izidoro

·

License #01941146

·

Keller Williams San Diego Metro

·

619-977-2324

Last updated November 07, 2025

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Source: CRMLS #230022316SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodRoseville
  • Days on Prevu716

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/28/2025
Status changed to Active
$2,995,000
10/21/2025
Status changed to Removed from Feed
$2,995,000
10/20/2025
Status changed to Active
$2,995,000
10/19/2025
Status changed to Removed from Feed
$2,995,000
10/17/2025
Status changed to Active
$2,995,000
10/16/2025
Status changed to Removed from Feed
$2,995,000
10/08/2025
Status changed to Active
$2,995,000
10/07/2025
Status changed to Removed from Feed
$2,995,000
10/04/2025
Status changed to Active
$2,995,000
10/03/2025
Status changed to Removed from Feed
$2,995,000
10/02/2025
Status changed to Active
$2,995,000
10/01/2025
Status changed to Removed from Feed
$2,995,000
09/26/2025
Status changed to Active
$2,995,000
09/25/2025
Status changed to Removed from Feed
$2,995,000
09/20/2025
Status changed to Active
$2,995,000
09/19/2025
Status changed to Removed from Feed
$2,995,000
09/18/2025
Status changed to Active
$2,995,000
09/16/2025
Status changed to Removed from Feed
$2,995,000
09/15/2025
Status changed to Active
$2,995,000
09/14/2025
Status changed to Removed from Feed
$2,995,000
09/13/2025
Status changed to Active
$2,995,000
09/12/2025
Status changed to Removed from Feed
$2,995,000
09/11/2025
Status changed to Active
$2,995,000
09/05/2025
Status changed to Removed from Feed
$2,995,000
09/04/2025
Status changed to Active
$2,995,000
09/03/2025
Status changed to Removed from Feed
$2,995,000
08/31/2025
Status changed to Active
$2,995,000
08/28/2025
Status changed to Removed from Feed
$2,995,000
07/24/2025
Status changed to Active
$2,995,000
07/23/2025
Status changed to Removed from Feed
$2,995,000
06/28/2025
Status changed to Active
$2,995,000
06/27/2025
Status changed to Removed from Feed
$2,995,000
06/11/2025
Price Decreased
$2,995,000
06/07/2025
Status changed to Active
$3,100,000
03/24/2025
Status changed to Pending
$3,100,000
01/21/2025
Price Decreased
$3,100,000
11/24/2024
Status changed to Active
$3,397,000
11/06/2024
Status changed to Pending
$3,397,000
12/04/2023
Listed by Keller Williams San Diego Metro
$3,397,000

Property Details for 1268 74 Locust St

Exterior

Construction

  • Number Of Units Total: 4
  • Stories: 2
  • Stories Total: 2
  • Year Built: 1992

Features

  • Fencing: Partial

Measurements

  • Lot Features: Sprinkler System
  • Lot Size Acres: 0.12
  • Lot Size Area: 5,327
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5,327
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 3.98

Taxes

  • Parcel Number: 5313140700

Interior

Features

  • Appliances: Gas Water Heater
  • Spa: Yes

Other

Location

  • Subdivision Name: Point Loma

Parking

Parking

  • Parking Total: 1

Utilities

Equipment

  • Heating: Combination, Forced Air, Natural Gas
  • Has Heating: Yes
  • Water Source: See Remarks

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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.