This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/35
$2,500,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/35
Property Description
BANKERS HILL OFFICE / RESIDENTIAL CONVERSION OPPORTUNITY - Rare chance to own a character-rich 1911 corner-lot building in the heart of Bankers Hill, designed with architectural pedigree and situated just steps from Balboa Park. Currently operating as a 2,385sqft 2nd gen medical office space, on a 3,383sqft corner lot, zoned RM-3-9, offering exceptional flexibility for the next owner. Recent improvements include electrical panel and fixture upgrades, central HVAC + mini-split, new plumbing, foundation, remodeled bathrooms and kitchenette, rebuilt staircase, new tile flooring, and restoration of original architectural details ie. wood floors, mouldings and window casings, pocket doors, hardware. Multiple use paths available: continue as office/retail/creative space, reconfigure to a live/work property, convert to a 4-unit multifamily with 2 additional ADUs, or convert to a single-family residence. Property is also eligible for San Diego's Complete Communities Tier 2 development at 8.0 FAR, supporting up to 27,000+ SF of potential buildable area for a full redevelopment play. Prime location in one of San Diego's most walkable, historic and dynamic neighborhoods that is undergoing transformative redevelopment, elevating the the area for those who call it home, work there, or come to experience it. Minutes to dining, shopping, entertainment, Balboa Park, museums, San Diego Zoo, Petco Park, Hillcrest, San Diego Bay, San Diego International Airport and much more.
Full Property Details
Full Property Details for 106 Thorn St
General
- Price: $2,500,000
- Status: Active
- Type: Industrial
- Source: SANDICOR
- MLS ID: 260020684
- Updated: 10/13/2026
- Added to Site: 55 day(s) ago
Business
- Business Type: Commercial Sale, Office, Other/Remarks, Retail
Interior
- Flooring: Wood
Parking
- Parking Features: On-Site Parking, Private
Location
- Area: MISSION HILLS (92103)
- County: San Diego
Heating & Cooling
- Cooling Type: Central Forced Air Elec, Wall/Window Air Conditioning
- Heating Type: Central Forced Air Elec
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Roof: Other (See Remarks)
- Square Feet: 2,385
Unit Information
- Units in Building: 1
Lot Features
- Lot Size (Sq. Ft.): 3,383
- Lot Features: Corner
- Zoning: RM 3-9
Financial Considerations
- Lot Price Per Sq. Ft.: $537
- Tenant Pays: All of the Above
Disclosures and Reports
- Property ID: 452-538-27-00
Listed by Serhant California, Inc. (858) 229-2078, Caroline E Tumidajski
Get Pre-Approved Today
Schools
Schools serving 106 Thorn St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Florence Elementary School 3914 First Avenue, San Diego, CA 92103 | K-5 | 0.6 mi |
Roosevelt International Middle School 3366 Park Boulevard, San Diego, CA 92103 | 6-8 | 0.9 mi |
San Diego High School 1405 Park Boulevard, San Diego, CA 92101 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 106 Thorn St
Date
Details
Price
Change
Source
8/23/2026
Listed
$2,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 106 Thorn St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$25,709
4%
$2,093,421
2%
2024
$24,740
2%
$2,052,375
4%
2023
$24,196
37%
$1,972,680
37%
2022
$17,605
4%
$1,445,000
5%
2021
$16,971
—
$1,375,000
—
2020
$16,939
—
$1,375,000
—
2019
$16,969
11%
$1,375,000
6%
2018
$15,298
4%
$1,300,000
4%
2017
$14,649
4%
$1,250,000
4%
2016
$14,119
—
$1,200,000
—
2015
$14,122
-37%
$1,200,000
-37%
2014
$22,371
—
$1,895,148
—
2013
$22,341
—
$1,886,584
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 106 Thorn St
106 Thorn St, San Diego, CA 92103 (MLS# 260020684) is a Industrial property. 106 Thorn St is currently listed for $2,500,000 and was received on August 23, 2026. Want to learn more about 106 Thorn St? Do you have questions about finding other Industrial real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

