$5,550,000

1541 8th Avenue, San Diego, CA 92101

other
Built in ——
—— sqft lot
—— car garage
$——/sqft
Listed 1 month ago

Property Description

pleased to present 1451 8th Avenue, a 25-unit apartment community located in the highly desirable Cortez Hill neighborhood of Downtown San Diego. Originally constructed in 1914, the property consists of a unique mix of studio units, one-bedroom apartments, and a penthouse/commercial unit, offering investors a rare opportunity to acquire a character-rich asset in one of Downtown San Diego’s most established residential enclaves. The property also features a shared laundry facility and a substantial basement-level storage area, providing added convenience for tenants and potential operational upside for ownership. Additionally, the offering includes attractive assumable financing, with an existing $1.25 million loan at a 3.45% fixed interest rate through September 2030, presenting a compelling opportunity to secure below-market debt in today’s higher interest rate environment. Situated in Cortez Hill, the property benefits from one of the most walkable residential neighborhoods in Downtown San Diego, where residents enjoy convenient access to daily amenities, restaurants, retail, and entertainment. The location places tenants within walking distance of several of Downtown’s most vibrant districts including Little Italy, the Gaslamp Quarter, and East Village, all of which offer a wide array of dining, nightlife, shopping, and employment opportunities. Additionally, Balboa Park, one of the nation’s largest urban parks and home to numerous museums and the San Diego Zoo, is located just minutes away, providing exceptional outdoor and cultural amenities.

Listing Status:: Active
Date Added:: May 12, 2026
Data Last Updated:: July 6, 2026 at 6:16AM
Listing Office:: Conor Brennan, Broker : 720-841-8139
Listing Agent:: Conor Brennan : 720-841-8139
MLS ID:: 260011471SD

A/C:
Heating: None

Parking: Parking spaces: 0

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

Zoning: 5340240300

Source: CRMLS_SAND

This listing courtesy of Conor Brennan , Conor Brennan, Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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