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.
For sale
$3,350,000
3129 Emerson St, San Diego, CA 92106
8beds
3,525sqft
Multi Family
Built in ----
-- sqft lot
$3,197,800 Zestimate®
$950/sqft
$-- HOA
What's special
Modern interior finishesContemporary tile backsplashesClean modern living experienceSleek glass shower enclosuresStainless steel appliancesLuxury vinyl plank flooringIn-unit laundry
- 117 days
- 191
- 11
Zillow last checked:
Listing updated:
Listed by:
Conor M Brennan DRE #01918598 720-841-8139,
Conor Brennan, Broker
Source: SDMLS,MLS#: 260011451
Originating MLS: SDMLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Interior area
- Total structure area: 3,525
- Total interior livable area: 3,525 sqft
Property
Features
- Stories: 2
Details
- Parcel number: 5313061100
- Special conditions: Call Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & HOA
Location
- Region: San Diego
Financial & listing details
- Price per square foot: $950/sqft
- Tax assessed value: $2,040,000
- Date on market: 5/12/2026
Estimated market value
$3,197,800
$3.04M - $3.36M
$3,848/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Listed for sale | $3,350,000+48.9%$950/sqft |
Source: | ||
| 8/13/2025 | Listing removed | $2,250,000+12.5%$638/sqft |
Source: | ||
| 12/26/2024 | Sold | $2,000,000$567/sqft |
Source: | ||
| 12/10/2024 | Pending sale | $2,000,000$567/sqft |
Source: | ||
| 11/28/2024 | Listed for sale | $2,000,000-11.1%$567/sqft |
Source: | ||
| 4/9/2024 | Listing removed | -- |
Source: | ||
| 2/15/2024 | Pending sale | $2,250,000$638/sqft |
Source: | ||
| 11/30/2023 | Listing removed | -- |
Source: | ||
| 11/18/2023 | Price change | $2,250,000-2.2%$638/sqft |
Source: | ||
| 10/26/2023 | Listed for sale | $2,300,000$652/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $2,040,000 +2% |
| 2025 | $25,590 +4% | $2,000,000 |
| 2024 | $24,602 +487% | $2,000,000 +490.1% |
| 2023 | $4,191 +2.7% | $338,927 +2% |
| 2022 | $4,080 +0.7% | $332,282 +2% |
| 2021 | $4,052 +1.2% | $325,768 +1% |
| 2020 | $4,003 +2.8% | $322,429 +2% |
| 2019 | $3,894 +5.9% | $316,107 +2% |
| 2018 | $3,677 +2.4% | $309,909 +2% |
| 2017 | $3,590 +1.6% | $303,833 +2% |
| 2016 | $3,533 +1.5% | $297,876 +1.5% |
| 2015 | $3,481 +1.5% | $293,403 +2% |
| 2014 | $3,428 | $287,657 +0.5% |
| 2013 | -- | $286,358 +2% |
| 2012 | -- | $280,744 +2% |
| 2011 | -- | $275,240 +0.8% |
| 2010 | -- | $273,184 -0.2% |
| 2009 | -- | $273,834 +2% |
| 2008 | -- | $268,466 +2% |
| 2007 | -- | $263,203 +2% |
| 2006 | -- | $258,043 +2% |
| 2005 | -- | $252,985 +2% |
| 2004 | -- | $248,025 +1.9% |
| 2003 | -- | $243,481 +2% |
| 2002 | -- | $238,708 +2% |
| 2001 | -- | $234,028 |
Find assessor info on the county website
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Neighborhood: Roseville - Fleet Ridge
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