Price Reduced Listing
1809 15 Linwood Street,San Diego, CA 92110
San Diego, CA 92110
Description
Rarely does a property of this caliber come to market in one of San Diego's most coveted neighborhoods. This four-unit offering delivers breathtaking panoramic views of the San Diego Harbor. The diverse unit mix includes two 1-bedroom/1-bathroom apartments with spectacular harbor vistas, a 2-bedroom/1-bathroom single-family home with bay views, and a charming studio with its own private yard appealing to a wide range of tenants and investment strategies alike. The upside potential is as impressive as the views. Three single-car garages present a compelling ADU conversion opportunity, four dedicated on-site parking spaces add premium value in an urban setting, and the property qualifies for favorable residential 2-4-unit financing. The units are ripe for modernization, offering a true value-add canvas for an investor ready to renovate, reposition rents, and build meaningful equity in an irreplaceable location. For the owner-occupant, this is a rare chance to plant roots in an iconic San Diego neighborhood while rental income offsets the mortgage. For the long-term investor, the property's RM-2-5 zoning and Complete Communities Housing Solutions designation at 6.5 FAR unlock genuine development potential: the parcel sits within a Transit Priority Area with no coastal overlay, no historic designation, and no environmental constraints a clean entitlement profile for a future ground-up multifamily or condo project. With harbor views, multiple exit strategies, and a location that simply cannot be recreated.
Details
| MLS # | 260012365SD |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1942 |
| Days On Site | 95 |
| Listing Provided By | The Mendes Company | Anthony Mendes |
Features
| Story(s) | 2 |
|---|---|
| Units | 4 |
| Building(s) | 2 |
| Zoning | RM-2-5 |
| Property View | Yes |
Interior
| Cooling | None |
|---|---|
| Heating | Floor Furnace, Natural Gas |
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Appliances | Gas Water Heater |
Exterior
| Roof | Composition |
|---|---|
| Fencing | Partial |
Area Information
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92110 |
| Area | 92110 Old Town Sd |
| Community Name | San Diego |
| Listing VS Median (in San Diego) | |
Price: $1,995,000 low | high Med: $0 On site: 95 low | high Med: | |
Market Activity 92110
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92110 |
| Area | 92110 Old Town Sd |
| Community Name | San Diego |
| Listing VS Median (in San Diego) | |
Price: $1,995,000 low | high Med: $0 On site: 95 low | high Med: | |