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2434 2438 Broadway St.

San Diego, CA 92102
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Bed 6

Bed

Bath 6

Bath

SqFt7,000

Sqft(Lot)

Restored 1932 Golden Hill fourplex on a 7,000 SF RM-1-1 lot, moments from Balboa Park. A comprehensive, fully permitted renovation preserved the building's original character while adding modern systems and finishes: quartz waterfall islands, white oak floors and matte-black fixtures throughout. The mix is two stacked 2BD/2BA front residences, a 1BD/1BA cottage, and the 1BD/1BA Brickhouse unit with original exposed brick and a private balcony. Every unit has in-unit laundry, and the property has 6+ off-street parking spaces. The Tulum-inspired courtyard has stone paths, a communal fire pit and cabana lounges, plus an Airstream suite currently operated as a short-term rental (not a legal dwelling unit; buyer to verify STR permitting). In-place rents are at market. Possible Mills Act candida te, with significant remaining FAR under current zoning and potential for additional ADUs under SB 1211, all buyer to verify. On Broadway's walkable restaurant row near Kingfisher and Turf Supper Club, with quick access to Downtown, I-5 and SR-94. Tenant occupied. Please do not disturb tenants. RENT ROLL (monthly): Unit 1 (front lower) 2BD/2BA, 12-mo lease, $3,800. Unit 2 (front upper) 2BD/2BA, 12-mo lease, $3,700. Unit 3 (Cottage) 1BD/1BA, month-to-month, $3,030. Unit 4 (Brickhouse) 1BD/1BA, month-to-month, $2,965. Airstream STR suite (not a legal unit), nightly, ~$1,500 average. Parking income $3,000/yr. FINANCIALS: Gross scheduled rent (4 units) $161,940; other income $21,000; operating expenses $38,835; NOI $140,506; cap rate 4.76%. Building 2,810 SF per Assessor; lot 7,000 SF; zoning RM-1-1; APN 534-272-16-00. Mills Act eligibility, FAR and ADU potential are illustrative and not confirmed; buyer to verify all with the City of San Diego and qualified consultants.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,950,000

AD Id : 91591265

MLS Id : 260023812SD

Beds : 6

Lot Size : 7,000 Sq. Ft

Year Built : 1932

County : San Diego

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Feature Features

  • Heating & Cooling

    Has Heating: Yes Has Cooling: Yes Cooling: SeeRemarks

  • Building Information

    Year Built: 1932
    Stories: 2
    Private Pool: No

  • Lot Information

    Lot Dimensions: 49 x 139 Main Square Feet: 7000 Lot Size Acres: 0.1607 Lot Size Source: Assessor Lot Size Square Feet: 7,000

    Property Information

    Subdivision: San Diego Source Property Type: ResidentialIncome Levels: Two Property Age: 94

  • Listing Price Information

    Listing Price: $2950000
    Cash, Conventional

  • Tax Information

    Parcel Number: 5342721600

  • Location Information

    Direction: Broadway between 24th St and 25th St, Golden Hill. CrossStreet: 24th St & 25th St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
931 21st, San Diego, CA, 92102 $1,899,000 5 6 -- --
854 856 45th Street, San Diego, CA, 92102 $825,000 4 2 -- 0.14 Acre
641 43 Morrison Street, San Diego, CA, 92102 $1,095,000 -- -- 2,006 6,098.40 Sq. Ft
742 44 Morrison Street, San Diego, CA, 92102 $730,000 3 2 1,032 0.07 Acre
3950 52 C Street, San Diego, CA, 92102 $850,000 4 2 -- 0.10 Acre
1831 33 Felton Street, San Diego, CA, 92102 $1,149,999 5 3 -- 0.09 Acre

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 10/01/2026 @ 07:54

MLS: 260023812SD LISTED BY: Prem Advani, Compass 619-353-5799 SOURCE: CRMLS

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