2919 Ivy Street, San Diego, CA 92104

Local realty services provided by:ERA North Orange County Real Estate
2919 Ivy Street,San Diego, CA 92104
$2,595,000
  • - Beds
  • 4 Baths
  • 1,800 sq. ft.
  • Multi-family
  • Active
Listed by: conor m brennan
Office: marcus & millichap
MLS#:250044737
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,595,000
  • Price per sq. ft.:$1,441.67

About this home

CBRE is pleased to present 2919 Ivy Street, a rare opportunity to acquire a 4-unit multifamily property located in the heart of the highly coveted South Park (NSD) neighborhood. Positioned on a quiet residential street overlooking Balboa Park, this boutique asset—known as The Heron on Ivy—off ers a compelling combination of modern fi nishes, immediate cash fl ow and long-term value stability in one of San Diego’s most supply-constrained rental markets. The property is comprised of four fully furnished studio apartments, each approximately 450 square feet and generating an eff ective gross income of $17,587 per month, or $211,054 the trailing 12 months. Each unit has been thoughtfully designed and recently remodeled to refl ect a sophisticated urban aesthetic, featuring open layouts, abundant natural light, and high-quality fi nishes. The units are separately metered and include utilities and high-speed internet, providing a turnkey operation with minimal management burden. Notably,

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Home facts

  • Year built:1912
  • Listing ID #:250044737
  • Added:51 day(s) ago
  • Updated:January 17, 2026 at 04:30 PM

Rooms and interior

  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:1,800 sq. ft.

Heating and cooling

  • Cooling:Wall/Window
  • Heating:Wall/Gravity

Structure and exterior

  • Roof:Composition
  • Year built:1912
  • Building area:1,800 sq. ft.

Utilities

  • Water:Meter on Property

Finances and disclosures

  • Price:$2,595,000
  • Price per sq. ft.:$1,441.67
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