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2980 K StSan Diego, CA 92102

For Sale

$750,000

Smart Buyer Rebate $6,250

Located in the rapidly developing Grant Hill neighborhood, this duplex presents a compelling value-add opportunity for investors seeking immediate upside and long-term flexibility. The property features a unit mix of one 3-bedroom, 2-bath unit (approximately 750 SF) — currently unoccupied with laundry hookups — and one 2-bedroom, 1-bath unit (approximately 634 SF), with a small additional room which could be turned into an additional bedroom. Each unit is separately metered for gas and electricity, and both benefit from dedicated off-street parking. Situated on a 2,791 SF corner lot and zoned RM-1-1, the site offers potential for additional development, including the possibility of adding an ADU. A rare basement provides extra storage utility, and the compact footprint of the existing 1,384 SF structure leaves room for future reconfiguration or expansion. This is an ideal acquisition for investors looking to reposition a well-located asset in a high-demand rental submarket near Downtown San Diego.

Listed by Isaac Wentzien

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License #02245775

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LANDMARK MULTIFAMILY AND DEVEL

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619-861-8655

Last updated November 07, 2025

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Source: CRMLS #250042792SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodGrant Hill
  • Days on Prevu21

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

10/29/2025
Listed by LANDMARK MULTIFAMILY AND DEVEL
$750,000

Property Details for 2980 K St

Exterior

Construction

  • Number Of Units Total: 2
  • Roof: Composition
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1950

Measurements

  • Lot Size Acres: 0.06
  • Lot Size Area: 2,791
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 2,791
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.1

Taxes

  • Parcel Number: 5451750600

Other

Location

  • Subdivision Name: San Diego

Utilities

Equipment

  • Has Heating: Yes

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.