2311 State St, San Diego, CA 92101

Local realty services provided by:ERA Donahoe Realty
2311 State St,San Diego, CA 92101
$950,000
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 2,339 sq. ft.
  • Multi-family
  • Pending
Listed by:michael g kasser
Office:daniel w. withers
MLS#:250028621
Source:San Diego MLS via CRMLS

Price summary

  • Price:$950,000
  • Price per sq. ft.:$406.16

About this home

Pleased to exclusively present this 2-Unit property with (2) 2-bedrooms/1-bathroom units in Bankers Hill, with one of the units being Non-Conforming. This property is zoned commercial, CC-3-4, which has multiple uses per city zoning code. Opportunities for retail, office and a potential third unit would be ideal for this location. A walker’s paradise & Walk Score (91), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. The units are significantly below market. A new buyer can capitalize on bringing rents up, with approximately 83% rental upside. This is an ideal site for short-term rental located just across the Highway from Little Italy. Bankers Hill is seeing lots of activity in relation to new apartment development positioning this properties location for long term growth.

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Home facts

  • Year built:1925
  • Listing ID #:250028621
  • Added:131 day(s) ago
  • Updated:October 06, 2025 at 07:32 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Living area:2,339 sq. ft.

Heating and cooling

  • Cooling:Central Forced Air

Structure and exterior

  • Year built:1925
  • Building area:2,339 sq. ft.

Finances and disclosures

  • Price:$950,000
  • Price per sq. ft.:$406.16
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