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$720,000
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Property Description
NOW 100% VACANT! Located in the rapidly developing Grant Hill neighborhood, this duplex presents a compelling value-add opportunity for investors seeking immediate upside and long-term flexibility. The property features a unit mix of one 3-bedroom, 2-bath unit (approximately 750 SF) - currently unoccupied with laundry hookups - and one 2-bedroom, 1-bath unit (approximately 634 SF), with a small additional room which could be turned into an additional bedroom. Each unit is separately metered for gas and electricity, and both benefit from dedicated off-street parking. Situated on a 2,791 SF corner lot and zoned RM-1-1, the site offers potential for additional development, including the possibility of adding an ADU. A rare basement provides extra storage utility, and the compact footprint of the existing 1,384 SF structure leaves room for future reconfiguration or expansion. This is an ideal acquisition for investors looking to reposition a well-located asset in a high-demand rental submarket near Downtown San Diego.
Full Property Details
Full Property Details for 2980 K St
General
- Sold For: $720,000
- Status: Closed
- Type: Multi-Family
- Source: SANDICOR
- MLS ID: 250042792
- Added to Site: 124 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Location
- Area: SAN DIEGO (92102)
- County: San Diego
- Subdivision: SAN DIEGO
- Neighborhood: Grant Hill
- Complex: Grant Hill Park
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Stucco
- Roof: Composition, Other (See Remarks)
- Stories/Levels: 1
- Square Feet: 1,384
- Year Built: 1950
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Sq. Ft.): 2,791
- Fencing (Description): Gate
Financial Considerations
- Operating Expenses: $15,519
- Terms: Cash, Conventional, Exchange, FHA
- Tenant Pays: Electricity, Gas/Propane
Disclosures and Reports
- Property ID: 545-175-06-00
Listed by Landmark Multifamily and Development (408) 368-5225, Isaac Wentzien
Sold by ROA California Inc (619) 861-8655, Edmundo Sanchez
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Schools
Schools serving 2980 K St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Kimbrough Elementary School 321 Hoitt Street, San Diego, CA 92102 | K-5 | 0.1 mi |
Logan Memorial Educational Campus 2875 Ocean View Boulevard, San Diego, CA 92113 | 6-12 | 0.7 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 2980 K St
Date
Details
Price
Change
Source
1/14/2026
Sold
$720,000
-4%
MLS
10/29/2025
Listed
$750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2980 K St, San Diego, CA 92102 (MLS# 250042792) is a Multi-Family property that was sold at $720,000 on January 14, 2026. Want to learn more about 2980 K St? Do you have questions about finding other Multi-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.

