Active

112 120 E Redwood Street

San Diego, CA 92103
Mark as Favorite
Bed 0

Bed

Bath 0

Bath

SqFt5,236

Sqft(Lot)

A rare 3-unit Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,850/mo each on month-to-month leases; proj ected market gross $17,000/mo. Three single garages currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay. Banker’s Hill is one of San Diego’s most sought-after uptown neighborhoods, perched on the bluff between Balboa Park and the bay with Hillcrest just to the north and Little Italy steps to the south. The 112 to 120 Redwood Street homes sit on the quieter, west-facing side of this affluent enclave, where tree-lined streets, historic Craftsman and Victorian architecture, and modern luxury builds combine to create a walkable lifestyle that’s hard to replicate anywhere else in the city. Owners here trade the typical suburban routine for morning walks through Balboa Park’s 1,200 acres of museums, gardens, and trails, evenings at neighborhood staples like Cucina Urbana and Mister A’s, and weekend strolls across the historic Spruce Street Suspension Bridge or down the hill to Little Italy’s Saturday farmers market. With sweeping views toward the bay, Coronado, and the Downtown skyline, immediate access to the I-5 and the 163, and a quick drive to the airport, Gaslamp, and the Coronado Bridge, Redwood Street delivers the rare combination buyers chase in central San Diego: a quiet residential street, an elevated city perspective, and a neighborhood that genuinely upgrades daily life.

Read More Expand

Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,799,900

AD Id : 84715583

MLS Id : 260011969SD

Lot Size : 5,236 Sqft

Year Built : 1936

County : San Diego

Subdivision: Fallbrook

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Roof: Composition
    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Natural Gas Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1936
    Stories: 1
    Private Pool: No
    View: Bay

  • Lot Information

    Lot Dimensions: 51x102 Main Square Feet: 5236 Lot Size Acres: 0.1202 Lot Size Source: Assessor Lot Size Square Feet: 5,236 Lot Description: Drip Irrigation/Bubblers,Sprinkler System

    Property Information

    Subdivision: San Diego Source Property Type: Residential Income Levels: One Property Age: 90

  • Listing Price Information

    Listing Price: $2799900
    Cash, Conventional, FHA, VA Loan

  • Tax Information

    Parcel Number: 4526120500

  • Location Information

    Direction: CrossStreet: First Avenue
Sell a home like this and save $167,495 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1265 67 Lincoln Ave, San Diego, CA, 92103 $1,875,000 4 5 --
4020 22 Front St, San Diego, CA, 92103 $1,399,000 3 3 1,997 1,997 SqFt
3767 7th Avenue, San Diego, CA, 92103 $2,590,000 6 5 --
1024 1022 Pascoe St., San Diego, CA, 92103 $1,269,000 3 3 1,227 1,227 SqFt
4250 52 Cleveland Street, San Diego, CA, 92103 $3,200,000 8 11 --
4020 22 Front St, San Diego, CA, 92103 $1,399,000 3 3 --
125 127 W Brookes, San Diego, CA, 92103 $1,625,000 4 3 --
802 6 Sutter Street, San Diego, CA, 92103 $1,925,000 6 5 --
4376 Georgia Street, San Diego, CA, 92103 $1,599,000 4 5 3,009 3,009 SqFt
1428 Tyler Ave., San Diego, CA, 92103 $899,500 2 1 696 696 SqFt

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 08/07/2026 @ 18:07

MLS: 260011969SD LISTED BY: Gregg Neuman, Berkshire Hathaway HomeServices California Properties 619-595-7020 SOURCE: CRMLS

Homes around $2,799,900

Selling? Save $167,495 when you sell a home like this

Tour with a ByOwner Agent