2311 State St, San Diego, CA 92101
Local realty services provided by:ERA North Orange County Real Estate



Listed by:michael g kasser
Office:daniel w. withers
MLS#:250028621
Source:SANDICOR
Price summary
- Price:$995,000
- Price per sq. ft.:$425.4
About this home
BUYER FAILED TO PERFORM AT NO FAULT TO SELLER. Matthews Real Estate Investment Services is 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 showing the strength of the neighborhood, positioning this properties location for long term growth.
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Home facts
- Year built:1925
- Listing Id #:250028621
- Added:84 day(s) ago
- Updated:August 20, 2025 at 01:54 PM
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:$995,000
- Price per sq. ft.:$425.4
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