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Sold for $900,000
  • $900,000

    2311 State St, San Diego, CA 92101

    4beds
    --sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $911,000 Zestimate®
    $--/sqft
    $3,867 Estimated rent

    Home value

    $911,000

    $838,000 - $993,000

    $3,867/mo

    Zestimate® history
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    $5,760/mo

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    What's special

    Pleased to exclusively present this 2-Unit property with (2) 2-bedrooms/1-bathroom units in Bankers Hill, with one of the units being Non-Conforming. This property is zoned commercial, CC-3-4, which has multiple uses per city zoning code. Opportunities for retail, office and a potential third unit would be ideal for this location. A walker’s paradise & Walk Score (91), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. The units are significantly below market. A new buyer can capitalize on bringing rents up, with approximately 83% rental upside. This is an ideal site for short-term rental located just across the Highway from Little Italy. Bankers Hill is seeing lots of activity in relation to new apartment development positioning this properties location for long term growth.

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael G Kasser DRE #02105892 619-382-3750,

    Daniel W. Withers

    Bought with:

    Michael G Kasser, DRE #02105892

    Daniel W. Withers

    Source: SDMLS,MLS#: 250028621MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Cooling
    • Central Forced Air
    Interior area
    • Total structure area: 2,339

    Property

    Features
    • Levels: 2 Story
    • Fencing: Other/Remarks
    Details
    • Parcel number: 5330650600
    • Zoning: CC-3-4
    • Zoning description: CC-3-4
    • Special conditions: Call Agent

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Other/Remarks
    • Roof: Other/Remarks
    Condition
    • Year built: 1925

    Community & HOA

    Community
    • Security: N/K
    • Subdivision: Downtown Area (DOWN)
    Location
    • Region: San Diego

    Financial & listing details

    • Date on market: 5/15/2025
    • Listing terms: Other/Remarks
    • Tenant pays: Electricity, Gas/Propane

    Price history

    DateEventPrice
    10/14/2025Sold$900,000-5.3%
    Source: SDMLS #250028621 Report a problem
    9/18/2025Pending sale$950,000
    Source: SDMLS #250028621 Report a problem
    9/16/2025Price change$950,000-4.5%
    Source: SDMLS #250028621 Report a problem
    9/9/2025Pending sale$995,000
    Source: SDMLS #250028621 Report a problem
    7/30/2025Listed for sale$995,000
    Source: SDMLS #250028621 Report a problem
    7/21/2025Pending sale$995,000
    Source: SDMLS #250028621 Report a problem
    7/14/2025Price change$995,000-16.7%
    Source: SDMLS #250028621 Report a problem
    5/27/2025Listed for sale$1,195,000
    Source: SDMLS #250028621 Report a problem
    5/16/2017Listing removed$1,295
    Source: Jensen Properties San Diego Inc. - Property # 333148 Report a problem
    5/12/2017Listed for rent$1,295
    Source: Jensen Properties San Diego Inc. - Property # 333148 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Bankers Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $911,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $911,000