120 124 Willie James Jones Ave, San Diego, CA 92102

Property Description

Investor special with strong upside potential! Triplex situated on a 6,592 sf lot offering multiple value-add opportunities. Property consists of two 1BR units and one 2BR unit with significant rental upside. Ideal for experienced investor, contractor, or developer looking to reposition, renovate, or explore future development potential. Large lot may offer additional possibilities (buyer to verify). Convenient location with access to major transportation routes and urban amenities. Property is located in an Opportunity Zone which may provide potential tax benefits. Sold in as-is condition. Property presents a rare opportunity to acquire a multi-unit asset with below-market rents and substantial repositioning potential. Existing improvements total approximately 1,796 sq. ft. across three units. No current leases in place (month-to-month tenancies). Buyer to assume property in current condition. Ideal for cash or hard money buyer. Property may not qualify for conventional financing.

Listing Status:

Active

Date Added:

April 7, 2026

Data Last Updated:

April 17, 2026 at 7:16AM

Listing Office:

Penny Realty : 858-692-0185

Listing Agent:

Greg Flaherty : 858-692-0185

MLS ID:

260008073SD

Interior

• A/C: Wall/Window Unit(s)
• Heating:

Exterior

• Parking: Parking spaces: 0

Construction

• General: 1

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_SAND
• County: San Diego

Lot

• Zoning: 5481411100
• Fencing: None

Financial

• Source: CRMLS_SAND