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24 L Street

San Diego, CA 92102
  • $799,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: PTP2603394
Price Reduced
UPDATED: 24 min ago
$799,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1933
County:

School Ratings & Info

Listing Agent(s): Olivia Dunham of LPT Realty, Inc. (877-366-2213)


Description

Priced reduced and ready to sell! Exceptional multi-family opportunity in central San Diego, priced at $799,000. Located at 2520–24 L Street in the Grant Hill neighborhood, this well-positioned duplex offers immediate income with strong upside potential. The property features two separate 2-bedroom, 1-bath units, each with its own entrance. Ideal for investors or owner-occupants looking to live in one unit and rent the other, or for those seeking a value-add opportunity in a rapidly improving area. Centrally located just minutes from Downtown San Diego, Gaslamp Quarter, Petco Park, Balboa Park, and major employment centers, with easy access to freeways, public transit, shopping, dining, and entertainment. The area’s strong rental demand and walkability make this an attractive long-term hold. A rare chance to own a multi-unit property in an urban core location with income today and development upside tomorrow. Properties with this combination of location, flexibility, and price point do not last long.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T14:35:22.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/176102017
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24 L Street San Diego, CA 92102

  • Price: $799,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 24 min ago
  • ID#: PTP2603394
0
Beds
0
Baths
0
½ Baths
0.06
Acres
1933
Built
Neighborhood:
92102 - San Diego
County:
San Diego
Area:
92102 - San Diego
Property Description
Priced reduced and ready to sell! Exceptional multi-family opportunity in central San Diego, priced at $799,000. Located at 2520–24 L Street in the Grant Hill neighborhood, this well-positioned duplex offers immediate income with strong upside potential. The property features two separate 2-bedroom, 1-bath units, each with its own entrance. Ideal for investors or owner-occupants looking to live in one unit and rent the other, or for those seeking a value-add opportunity in a rapidly improving area. Centrally located just minutes from Downtown San Diego, Gaslamp Quarter, Petco Park, Balboa Park, and major employment centers, with easy access to freeways, public transit, shopping, dining, and entertainment. The area’s strong rental demand and walkability make this an attractive long-term hold. A rare chance to own a multi-unit property in an urban core location with income today and development upside tomorrow. Properties with this combination of location, flexibility, and price point do not last long.
Exterior Features

Entry Level 1 Entry Location Street Lot Features Front Yard Number Of Separate Electric Meters 2 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Spa YN No View YN No

Interior Features

Common Walls 1 Common Wall Cooling YN No Fireplace YN No Heating YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.6 Community Features Sidewalks Garage YN No Gross Income 70600 Gross Scheduled Income 75600 Insurance Expense 1500 Land Lease YN No Laundry Features InsideStacked Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to New LoanConventional1031 ExchangeFHAVA Loan Net Operating Income 70600 New Taxes Expense 9650 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 2 Number Of Units Leased 2 Operating Expense 5000 Property Sub Type Duplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Trash Expense 0 Zoning Zoned CN-1-4



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-18T14:35:22.14. 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 deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Olivia Dunham of LPT Realty, Inc. (877-366-2213)