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$300,000

  • For Sale
  • Active
  • Single Family
  • 1 Bed
  • 1 Full Bath
  • 1 Partial Bath
  • 736 Sq. Ft.
  • 1 Car Garage
  • Updated 5 days ago
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Historic Gem with Mills Act Potential Rare opportunity to acquire a designated historic property at 2629 Island Ave in the heart of San Diego's vibrant Little Italy/Bankers Hill corridor. This home offers significant upside for the right investor or owner-user. Key Highlights: Mills Act Eligible: Potential property tax savings of 40-60% annually through San Diego's historic preservation program Proven Income History: Former short-term rental generating $6,000/month gross income Prime 92101 Location: Walking distance to downtown, waterfront, restaurants, and entertainment Current Status: Property has outstanding code violations from recent remodeling work that must be resolved by buyer. Sold strictly AS-IS. Cash or hard money financing required - no conventional or FHA/VA loans. Ideal For: Experienced investors comfortable with code compliance issues Buyers seeking Mills Act tax advantages Those looking to restore a historic property to rental or primary residence This is a unique chance to own a piece of San Diego history while capturing substantial tax benefits. Property priced to reflect current condition and violation resolution costs. Serious inquiries only from qualified cash buyers.

Full Property Details for 2629 Island Ave

General

  • Price: $300,000
  • Status: Active
  • Type: Single Family
  • Source: MRMLS
  • MLS ID: PTP2600934
  • Updated: 2/12/2026
  • Days on Market: 12 days
  • Added to Site: 12 day(s) ago

Interior

  • Rooms/Areas: All Bedrooms Up
  • Fireplace(s): None

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 1

Other Rooms

  • Laundry: Dryer Included, Electric Dryer Hookup

Additional Information

  • Pool Description: None

Parking

  • Garage: Yes
  • Garage Spaces: 1

Location

  • County: San Diego
  • Driving Directions: **FROM SAN DIEGO INTERNATIONAL AIRPORT (LINDBERGH FIELD):** Head east on Harbor Dr toward Pacific Hwy. Turn left onto Pacific Hwy. Continue to Laurel St, turn right. Follow Laurel St east, turn left onto India St. Turn right onto Ivy St, then left onto Columbia St. Turn right onto Island Ave. Destination will be on your right. (Approx. 2.5 miles, 7-10 minutes) **FROM DOWNTOWN SAN DIEGO (GASLAMP QUARTER):** Head northwest on 5th Ave toward Market St. Turn right onto Market St, continue to Columbia St. Turn left onto Columbia St, then right onto Island Ave. Destination will be on your right. (Approx. 1.5 miles, 5-8 minutes) **FROM LA JOLLA:** Take Torrey Pines Rd south to I-5 S. Continue on I-5 S toward Downtown. Take exit 17 for Front St. Turn right onto Front St, left onto Laurel St, right onto India St, right onto Ivy St, left onto Columbia St, then right onto Island Ave. (Approx. 15 miles, 20-25 minutes) **FROM MISSION VALLEY:** Take I-8 W toward Ocean Beach. Merge onto I-5 S towa

School Information

  • School District: San Diego Unified

Community

  • Community Features: Sidewalks

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)

Utilities

  • Sewer: Public Sewer

Structural Information

  • Structure Type: Single Family Residence
  • Common Walls: No Common Walls
  • Entry Location: Front
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 736
  • Sq. Ft. Source: Public Records
  • Year Built: 1920

Unit Information

  • Units in Complex: 1

Lot Features

  • Property View: City Lights, Ocean, Panoramic
  • Lot Size (Sq. Ft.): 0.04
  • Lot Size Source: Public Records
  • Zoning: Single Family
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $407.61

Disclosures and Reports

  • Special Conditions: Standard

Listed by Joshua Daniel Massieh, Joshua Massieh

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Listing agent

— 2629 Island Ave —

  • Joshua Massieh

    Joshua Daniel Massieh

josh@joshuamassieh.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2629 Island Ave

School District:San Diego City Unified School District
NameGradesDistance
Sherman Elementary School
301 22nd Street, San Diego, CA 92102
K-50.3 mi
Logan Memorial Educational Campus
2875 Ocean View Boulevard, San Diego, CA 92113
6-120.8 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2629 Island Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/05/2026
Listed
$300,000
-34.07%
MLS
4/05/2025
Sold
$455,000
—
Public Record
Get Price Alerts and Save Property
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 for 2629 Island Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,078
14%
$441,067
2%
2024
$5,346
2%
$432,420
2%
2023
$5,227
3%
$423,943
2%
2022
$5,088
1%
$415,631
2%
2021
$5,054
1%
$407,483
1%
2020
$4,993
2%
$403,306
2%
2019
$4,904
7%
$395,399
2%
2018
$4,586
2%
$387,647
2%
2017
$4,477
2%
$380,047
2%
2016
$4,405
1%
$372,596
2%
2015
$4,340
103%
$367,000
97%
2014
$2,141
4%
$186,030
5%
2013
$2,053
—
$178,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Joshua Daniel Massieh, Joshua Massieh

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2629 Island Ave, San Diego, CA 92102 (MLS# PTP2600934) is a Single Family property with 1 bedroom, 1 full bathroom and 1 partial bathroom. 2629 Island Ave is currently listed for $300,000 and was received on February 05, 2026. Want to learn more about 2629 Island Ave? Do you have questions about finding other Single Family real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

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