REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$2,400,000
Est. payment /mo
8 Beds
8 Baths
5,053 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision Point Loma
MLS Listing ID 250044460
Bedrooms 8
Full Baths 8
Year Built 1991
Lot Size 5,053 Sqft
Lot Dimensions 102X50
Property Sub-Type Res Income 2-4 Units
Property Description
Prime Point Loma 4-Unit Apartment Building – Steps to Shelter Island Exceptional opportunity to own a well-maintained 4-unit apartment building in one of Point Loma's most desirable locations—just three blocks from Shelter Island. All four units are identical, spacious 1055 sq ft, 2-bed/2-bath floor plans, each with in-unit washer/dryer, generous living spaces, and private outdoor areas. The top-floor units feature vaulted ceilings that fill the interiors with natural light. The property is in excellent condition, with value-add potential through modernization and strategic updates. Rents are currently below market, offering immediate upside for investors. Property Highlights: 4 identical units – 1,550 sq ft each, 2 bed / 2 bath One unit is vacant and available to show; 3 units shown with offer Month-to-month tenants in all occupied units In-unit washer/dryer in every residence Vaulted ceilings & abundant natural light in top-floor units Lush, mature landscaping creates a serene, tree-house atmosphere Secure underground parking garage with ample parking Private storage rooms for each unit Premium Point Loma location near harbor, restaurants, marinas, and coastal amenities This is a rare chance to acquire a high-quality, income-producing asset with strong appreciation potential in one of San Diego's most coveted coastal neighborhoods.
Location
State CA
County San Diego
Area Coastal South
Interior
Fireplace No
Exterior
Fence Partial
View Y/N No
Roof Type Tile/Clay
Building
Story 2
Level or Stories 2
Schools
School District San Diego Unified School Distric
Others
Senior Community No
Tax ID 531-306-07-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Virtual Tour https://tours.wowmediaservices.com/s/3136-40-Emerson-St-San-Diego-CA-92106
Read Less Info

Listed by Jeff Larabee Larabee Real Estate
GET MORE INFORMATION

San Diego Communities
- Homes For Sale in San Diego
- Homes For Sale in Oceanside
- Homes For Sale in Carlsbad
- Homes for Sale in Downtown San Diego
- Homes For Sale in San Marcos
- Homes For Sale in La Jolla
- Homes For Sale in Rancho Santa Fe
- Homes For Sale in La Mesa
- Homes For Sale in Encinitas
- Homes For Sale in Coronado
- Homes For Sale in Del Mar
- Homes For Sale in Pacific Beach
- Homes For Sale in Imperial Beach
- Homes For Sale in North Park
- Homes for Sale in Clairemont
- Homes For Sale in Hillcrest
- Homes For Sale in Carmel Valley
- Homes For Sale in Solana Beach
- Homes For Sale in Point Loma
- Homes For Sale in San Elijo Hills, San Marcos, CA
- Homes For Sale in University City (UTC)
- Homes For Sale in University Heights
- Homes For Sale in South Park
- Homes For Sale in Bay Park
- Homes For Sale in Mission Valley
- Homes For Sale in Mission Hills, San Diego, CA
- Homes For Sale in San Carlos
- Homes For Sale in Kensington
- Homes For Sale in Little Italy
- Homes For Sale in Cardiff By The Sea
- Homes For Sale in La Playa
- Homes For Sale in Ocean Beach
- Homes For Sale in La Jolla Village
- Homes For Sale in Rolando
- Homes For Sale in Bird Rock
- Homes For Sale in La Jolla Shores



