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Stacey Alysson Melman

3018 44th ST
San Diego, CA, 92105
$2,200,000
Beds
0 Baths
0 SqFt
0.19 Acres
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MLS #PTP2606767 image #0
8-Unit Value-Add Opportunity in San Diego’s City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego’s oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it’s one of the city’s most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away.
AGENT: Luda Phipps
LISTING BROKERAGE: Luda Phipps, Broker
3018 44th ST
San Diego, CA

Property Details

Price:
$2,200,000
MLS #:
PTP2606767
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Neighborhood:
92105eastsandiego
Listed Date:
Sep 5, 2026
Total Sq Ft:
3,456
Lot Size:
8,363 sqft / 0.19 acres (approx)
Year Built:
1984
92105 – East San Diego92105eastsandiego
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Schools

Interior

Laundry Features
CM

Exterior

Common Walls
_2CW
Community Features
SL
Parking Spots
8
Parking Total
8

Financial

Net Operating Income
$81,660

Map

Community

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