Downtown Homes with Mixed Use Subtype

Downtown Homes with Mixed Use Subtype

Welcome to Downtown, a vibrant neighborhood located in the heart of San Diego, California. Known for its bustling atmosphere and diverse community, Downtown offers an unparalleled urban living experience.

With a prime location in San Diego County, Downtown is a hub of entertainment, culture, and business. From world-class dining and shopping to iconic landmarks and stunning waterfront views, this neighborhood truly has it all. Residents enjoy easy access to major highways, public transportation, and top-rated schools, making it a desirable place to call home.

One unique feature of Downtown is its homes with a Mixed Use Subtype. These properties offer a blend of residential and commercial spaces, allowing residents to live, work, and play all in one convenient location. Whether you're looking for a stylish loft above a trendy café or a modern condo with a street-level storefront, the Mixed Use Subtype homes in Downtown cater to a variety of lifestyles.

Experience the best of city living in Downtown, where every day brings new opportunities and adventures. Explore the local art galleries, catch a live performance at a nearby theater, or simply unwind in one of the neighborhood's lush green spaces. Discover the perfect balance of work and play in Downtown, where the energy is contagious and the possibilities are endless.

Newest Downtown Homes with Mixed Use Subtype

2336 Union Street, Downtown
$2,590,000
260026216SD MLS ⋅ Active Status
We are pleased to present an exceptional opportunity to acquire a well-maintained, six-unit apartment community strategically located along the highly desirable border of Little Italy and Bankers Hill. Originally constructed in 1937, this three-story property combines timeless architectural character, stable in-place income, and an irreplaceable urban location in one of San Diego’s most sought-after rental markets. The property features a desirable unit mix of four (4) spacious two-bedroom/one-bathroom residences averaging approximately 900 square feet and two (2) one-bedroom/one-bathroom residences averaging approximately 604 square feet. Three units have undergone interior renovations featuring updated kitchens, modern appliances, and upgraded finishes. Select residences also offer walk-in closets and sweeping views of San Diego Bay, Downtown San Diego, and Point Loma. Thoughtful capital improvements include dual-pane windows, newer appliances, updated interior finishes, and a premium Sully Jones roof with an existing warranty. Residents enjoy convenient on-site laundry facilities and a beautifully landscaped communal backyard, providing valuable outdoor space within this highly urbanized setting. Ideally positioned just blocks from Little Italy’s acclaimed restaurants, cafés, shopping, and entertainment, the property offers convenient access to Balboa Park, UC San Diego Health, Scripps Mercy Hospital, and California Western School of Law. Its proximity to Downtown San Diego, San Diego International Airport, and major transportation corridors further enhances its appeal t A defining investment highlight of the offering is the inclusion of newly completed ready-to-issue (RTI) plans for four additional luxury townhome residences, creating a compelling opportunity to expand the existing sixunit community into a potential ten-unit residential asset. The proposed development consists of two three-story duplex buildings situated at the rear of the property, comprising four luxury townhomes totaling approximately 4,426 square feet. Each residence is envisioned to average approximately 1,100 square feet, incorporating contemporary architectural design and high-end finishes intended to complement the property’s premier urban setting. Upon completion, the proposed development would increase the property’s residential unit count from six to ten, representing a significant expansion of the existing rental community. The additional residences offer the potential to generate new rental income, enhance overall asset performance, and create meaningful long-term value. The property’s location along the Little Italy and Bankers Hill border further strengthens the development opportunity. With convenient access to Downtown San Diego, major employment centers, renowned dining destinations, and cultural amenities, the proposed townhomes would benefit from the same desirable urban lifestyle and central connectivity that support demand for the existing residences. Combining a predominantly stabilized six-unit income-producing property with RTI plans for four additional luxury residences, the offering presents a distinctive opportunity to pursue substantial development upside while maintaining an established multifamily investment in one of San Diego’s most desirable neighborhoods. Offering & Due Diligence Notes: Property tours available with an accepted offer only. Proof of funds and lender DU approval required, as applicable. Buyers to independently verify all development plans, permits, approvals, and property information.

2336 Union Street, Downtown

2140 1st Avenue, Downtown
$1,725,000
260023734SD MLS ⋅ Active Status
pleased to exclusively present for sale 2140–2144 1st Avenue, a meticulously restored five-unit Victorian apartment community located in the prestigious Bankers Hill neighborhood of San Diego, California. Perched above Downtown San Diego with sweeping views of the city skyline, San Diego Bay, and Point Loma, the property offers a rare combination of historic architectural significance, irreplaceable location, and modernized living accommodations. Following an extensive restoration program, ownership has thoughtfully preserved the property’s timeless Victorian character while incorporating high-quality interior and exterior improvements that rival those found in luxury single-family residences. The property consists of four spacious one-bedroom residences and one studio apartment, with each unit featuring a unique floor plan and distinct architectural character. Recent improvements include a fully refreshed exterior, upgraded flooring, custom-designed kitchens and bathrooms, premium fixtures and finishes, expansive walk-in closets, and bay windows in select units that maximize natural light and capitalize on the property’s elevated setting. Residents further benefit from beautifully maintained grounds and a private landscaped backyard that enhances the overall residential experience. A substantial storage area beneath the building provides additional utility and flexibility for ownership. 2140 1st Avenue presents investors with a compelling opportunity to acquire a boutique multifamily asset in one of SD's most supply contrained and desirable urban neighborhoods. The property’s historic charm, architectural distinction, and premier location create a highly differentiated rental offering that continues to attract quality tenants. Future ownership may further enhance revenue potential through continued interior modernization, the addition of in-unit laundry, and strategic common-area improvements designed to capture premium market rents. Situated in the heart of Bankers Hill, one of San Diego’s most affluent and walkable neighborhoods, the property benefits from immediate proximity to Balboa Park, Downtown San Diego, Little Italy, the Waterfront District, and the region’s largest employment centers. Residents enjoy convenient access to acclaimed restaurants, boutique retail, cultural institutions, healthcare campuses, and public transportation, all within a pedestrian-friendly environment characterized by mature tree-lined streets and historic architecture. With a Walk Score of 95, the location offers an exceptional blend of urban convenience and neighborhood charm. Supported by strong demographic trends, limited housing supply, and consistently high renter demand, Bankers Hill remains one of San Diego’s premier multifamily investment submarkets. 2140–2144 1st Avenue represents a rare opportunity to acquire a trophy-quality historic asset with durable income characteristics, meaningful upside potential, and long-term appreciation prospects in one of Southern California’s most coveted urban neighborhoods.

2140 1st Avenue, Downtown

1541 8th Avenue, Downtown
$5,250,000
260011471SD MLS ⋅ Active Status
pleased to present 1451 8th Avenue, a 25-unit apartment community located in the highly desirable Cortez Hill neighborhood of Downtown San Diego. Originally constructed in 1914, the property consists of a unique mix of studio units, one-bedroom apartments, and a penthouse/commercial unit, offering investors a rare opportunity to acquire a character-rich asset in one of Downtown San Diego’s most established residential enclaves. The property also features a shared laundry facility and a substantial basement-level storage area, providing added convenience for tenants and potential operational upside for ownership. Additionally, the offering includes attractive assumable financing, with an existing $1.25 million loan at a 3.45% fixed interest rate through September 2030, presenting a compelling opportunity to secure below-market debt in today’s higher interest rate environment. Situated in Cortez Hill, the property benefits from one of the most walkable residential neighborhoods in Downtown San Diego, where residents enjoy convenient access to daily amenities, restaurants, retail, and entertainment. The location places tenants within walking distance of several of Downtown’s most vibrant districts including Little Italy, the Gaslamp Quarter, and East Village, all of which offer a wide array of dining, nightlife, shopping, and employment opportunities. Additionally, Balboa Park, one of the nation’s largest urban parks and home to numerous museums and the San Diego Zoo, is located just minutes away, providing exceptional outdoor and cultural amenities.

1541 8th Avenue, Downtown

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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