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Residential Income for sale : 8 bedrooms : 3129 Emerson Street in San Diego

3129 Emerson Street San Diego

Main Photo: Residential Income for sale : 8 bedrooms : 3129 Emerson Street in San Diego
$3,350,000
Prop. Type:
Residential Income
MLS® Num:
260011451
Status:
Active
Bedrooms:
8
Bathrooms:
6
pleased to present 3129 Emerson Street, San Diego, CA — a fully renovated six-unit multifamily asset located in the highly desirable coastal enclave of Point Loma. This turnkey property features a favorable unit mix of two (2) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units, combining classic mid-century construction with modern interior finishes designed to meet the expectations of today’s renters. Originally built in 1989, the property has undergone a comprehensive renovation, with each unit showcasing high-end design elements including stainless steel appliances, contemporary tile backsplashes, in-unit laundry, luxury vinyl plank flooring, and sleek glass shower enclosures. The result is a clean, modern living experience that supports premium rental rates with minimal near-term capital requirements. Positioned on a quiet residential street in Point Loma, one of San Diego’s most supply-constrained and in-demand rental markets, 3129 Emerson Street offers investors a rare opportunity to acquire a fully stabilized asset with strong in-place income and continued upside through organic rent growth. The property’s thoughtful renovations and low-maintenance operations appeal to a wide range of investors — whether seeking immediate cash flow, portfolio diversification, or long-term appreciation in a core coastal submarket.
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Total Building Area:
Switch units of measure3,525 sq. ft.
Total Floor Area:
Switch units of measure3,525 sq. ft.
Total Bedrooms:
8
Bathrooms:
6
Full Bathrooms:
6
Half Bathrooms:
0
Num Stories:
2
Year Built:
0
Age (in years):
Switch units of measure2,026 year(s)
Cap Rate.:
4.19
Gross scheduled income:
216000.0
Operating expense:
74268.0
Number of Units:
6
Number of Units in Unit 1:
2
Number of Units in Unit 2:
4
Total Rent for Unit 1:
$4,000
Special Listing Conditions:
Call Agent
Lot Size:
Switch units of measure0 sq. ft.
Parcel Number:
531-306-11-00
Listed by Conor Brennan, Broker
Data was last updated June 12, 2026 at 01:10 AM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty

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