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$2,200,000

  • For Sale
  • Active
  • Multi-Family
  • 3 Total Beds
  • Updated 8 days ago
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Beautifully remodeled 1917 Craftsman + detached two additional units in prime Bankers Hill / Little Italy location. This rare 3-unit property offers exceptional flexibility for owner-occupants or investors, just steps from Balboa Park, the San Diego Bay waterfront, and the best dining and shopping in 92101. The front home has been extensively upgraded with high-end finishes, dual-pane windows, updated plumbing and electrical, new roof, new HVAC system and foundation and retaining wall improvements. Enjoy multiple outdoor living areas including a front porch, rear deck with bay views, and private yard spaces. Three tandem parking spaces serve the main home. The rear structure features two studio units with private access and laundry hookups conveniently located beneath the rear deck -ideal for rental income, multigenerational living, or guest use. Property has been operated as a successful furnished rental and offers strong income potential. A turnkey opportunity in one of Downtown San Diego's most walkable and desirable neighborhoods.

Full Property Details for 418 W Ivy St

General

  • Price: $2,200,000
  • Status: Active
  • Type: Multi-Family
  • Source: SANDICOR
  • MLS ID: 260002029
  • Updated: 1/29/2026
  • Added to Site: 11 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Security/Safety: Automatic Gate, Gated Community

Location

  • Area: SAN DIEGO DOWNTOWN (92101)
  • County: San Diego
  • Subdivision: None(2161)
  • Neighborhood: Bankers Hill / Little Italy
  • Driving Directions: See Documents tab for OM + Airbnb Financials.

Heating & Cooling

  • Cooling Type: Central Forced Air, Wall/Window Air Conditioning
  • Heating Type: Forced Air Unit

Structural Information

  • # Buildings: 2
  • Detached/Attached: Detached
  • Construction: Wood
  • Roof: Composition
  • Stories/Levels: 2
  • Square Feet: 1,606
  • Year Built: 1917

Unit Information

  • Units in Building: 3

Lot Features

  • Property View: Bay, City, Evening Lights
  • Lot Size (Sq. Ft.): 4,165
  • Zoning: RM-3-7
  • Fencing (Description): Full, Gate

Water Features

  • Water View: Yes

Financial Considerations

  • Operating Expenses: $37,244
  • Terms: Cash, Conventional, Exchange, VA

Disclosures and Reports

  • Property ID: 533-132-06-00

Listed by ACI Apartments (619) 299-3000, Christina M Labowicz

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Listing agent

— 418 W Ivy St —

  • Christina M Labowicz

    ACI Apartments

christina@aciapartments.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 418 W Ivy St

School District:San Diego City Unified School District
NameGradesDistance
Washington Elementary School, San Diego, CA
1789 State Street, San Diego, CA 92101
K-50.3 mi
Roosevelt International Middle School
3366 Park Boulevard, San Diego, CA 92103
6-81.3 mi
San Diego High School
1405 Park Boulevard, San Diego, CA 92101
9-121 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 418 W Ivy St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/27/2026
Listed
$2,200,000
144.44%
MLS
1/23/2024
Sold
$900,000
—
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 418 W Ivy St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$12,046
346%
$918,000
309%
2024
$2,703
2%
$224,203
2%
2023
$2,641
3%
$219,808
2%
2022
$2,569
1%
$215,499
2%
2021
$2,550
1%
$211,274
1%
2020
$2,519
2%
$209,109
2%
2019
$2,473
7%
$205,010
2%
2018
$2,312
3%
$200,991
2%
2017
$2,255
2%
$197,051
2%
2016
$2,216
2%
$193,188
2%
2015
$2,183
2%
$190,287
2%
2014
$2,148
—
$186,560
—
2013
$2,145
—
$185,718
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by ACI Apartments (619) 299-3000, Christina M Labowicz

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Listed by Logan Henry (CalRE#: 01948799)

418 W Ivy Street, San Diego, CA 92101 (MLS# 260002029) is a Multi-Family property with 3 units containing 3 bedrooms and 4 full bathrooms. 418 W Ivy Street is currently listed for $2,200,000 and was received on January 27, 2026. Want to learn more about 418 W Ivy Street? 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.

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