2311 State St
San Diego, CA, 92101
$995,000
Beds
0 Baths
SqFt
0 Acres
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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 &#38' Walk Score (91), this property provides all the convenience to Downtown &#38' 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.

Property Details

Price:
$995,000
MLS #:
250028621SD
Status:
Active
Baths:
0
Type:
Residential Income
Neighborhood:
92101sandiegodowntown
Listed Date:
May 15, 2025
Year Built:
1925
92101sandiegodowntown

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Market Summary

Current real estate data for Residential Income in San Diego as of Oct 22, 2025
181
Residential Income Listed
174
Avg DOM
$1,827,366
Avg List Price

Property Summary

    2311 State St San Diego CA is a Residential Income for sale in San Diego, CA, 92101. It is listed for $995,000

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2311 State St
San Diego, CA