Glad to introduce for sale 2127 Front Street, a great +/-1980's-built four-plex in Bankers Hill, within walking distance (+/-3 blocks) to Little Italy, boasting tremendous potential for adding value to the (4) existing 1-bedroom/1-bathroom units (+/-730 SF each) via modernization, and/or by adding more density to the site in one way or another, on a +/-5,236 SF lot with favorable zoning. The current building is essentially two and a half stories tall, comprised of all spacious 1-bedroom/1-bathroom units of similar design, each with generous living areas, modest yet functional kitchens, quasi open floor plans, and a roomy bedroom with large walk-in closet. There are peek bay/water views currently from most units, common entry is gated with dial pad access, and there is commercial laundry equipment on site for tenants use. The parking situation at 2127 Front Street is excellent, with 5 surface off-street spaces, one of which is tandem. There is a large parking area in front, with a common area walkway/bbq area in back. Units are separately metered for gas and electricity, the roof is flat, windows have been upgraded with dual-pane vinyl, and yet unit interiors could use a refresher or a reset. There seems plenty of room to add in-unit laundry if one were so inclined. All units feature west-facing views, allowing for beautiful evening sunsets over the San Diego Bay with the thrill of planes flying overhead throughout the day, as many tourists and residents alike arrive to this fine city nearby.
For sale
$1,675,000
2127 Front St, San Diego, CA 92101
4beds
--sqft
Multi Family
Built in 1980
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Modest yet functional kitchensQuasi open floor plans
- 28 days |
- 477 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
Joseph A Burrough DRE #02014504 858-822-9222,
Palma Commercial
Source: SDMLS,MLS#: 260013953
Originating MLS: San Diego Association of REALTOR
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Radiant
Cooling
- N/K
Interior area
- Total structure area: 2,920
Property
Features
- Levels: 2 Story
- Fencing: Gate,Partial
- Has view: Yes
- View description: Bay, City, Evening Lights, Ocean
- Has water view: Yes
- Water view: Bay,Ocean
Lot
- Size: 5,236 Square Feet
Details
- Parcel number: 5331710500
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Roof: Rolled/Hot Mop
Condition
- Year built: 1980
Utilities & green energy
- Water: Meter on Property
- Utilities for property: Sewer Connected
Community & HOA
Community
- Security: Other/Remarks
- Subdivision: Downtown (DT)
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $708,253
- Annual tax amount: $9,435
- Date on market: 6/8/2026
- Listing terms: Cash,Conventional,FHA,VA
- Tenant pays: Electricity, Gas/Propane
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/9/2026 | Listed for sale | $1,675,000+204.5% |
Source: | ||
| 3/4/2009 | Sold | $550,000+4.1% |
Source: Public Record Report a problem | ||
| 7/7/2008 | Sold | $528,103+161.4% |
Source: Public Record Report a problem | ||
| 6/2/1995 | Sold | $202,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,435 +10% | $708,253 +2% |
| 2024 | $8,574 +2.3% | $694,367 +2% |
| 2023 | $8,384 +2.7% | $680,753 +2% |
| 2022 | $8,160 +0.7% | $667,406 +2% |
| 2021 | $8,105 +1.2% | $654,321 +1% |
| 2020 | $8,007 +2.4% | $647,613 +2% |
| 2019 | $7,822 +6.4% | $634,916 +2% |
| 2018 | $7,353 +2.4% | $622,467 +2% |
| 2017 | $7,178 +1.7% | $610,263 +2% |
| 2016 | $7,061 +1.5% | $598,298 +1.5% |
| 2015 | $6,957 +1.6% | $589,312 +2% |
| 2014 | $6,849 | $577,769 +0.5% |
| 2013 | -- | $575,158 +2% |
| 2012 | -- | $563,881 +2% |
| 2011 | -- | $552,825 +0.8% |
| 2010 | -- | $548,695 +102.5% |
| 2009 | -- | $271,010 +2% |
| 2008 | -- | $265,697 +2% |
| 2007 | -- | $260,488 +2% |
| 2006 | -- | $255,381 +2% |
| 2005 | -- | $250,375 +2% |
| 2004 | -- | $245,466 +1.9% |
| 2003 | -- | $240,968 +2% |
| 2002 | -- | $236,244 +2% |
| 2001 | -- | $231,613 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Bankers Hill
Nearby schools
GreatSchools rating
- 4/10Washington Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Roosevelt International Middle SchoolGrades: 6-8Distance: 1.2 mi
- 6/10San Diego High SchoolGrades: 9-12Distance: 0.9 mi
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- California
- San Diego County
- San Diego
- 92101
- Bankers Hill
- 2127 Front St






