A RARE Old Town investment and lifestyle opportunity across from Presidio Park. Ideally located in the heart of historic Old Town–One of San Diego’s most visited destinations–this unique multiunit property offer exceptional flexibility for investors, owner-users, or those seeking a prime, short-term rental opportunity. Positioned directly across from Presidio Park with the San Diego Mission and walking trails, the property benefits from constant tourism, walkability, and unmatched local charm. Old Town consistently attracts more visitors than any other destination in San Diego, making this a highly desirable location for furnished or vacation rentals. The property features two units, newly built in 2024, with existing year-long leases (until Jan. 2027), providing immediate income. The upstairs home is a 3 bedroom, 2 full bath with lovely views and beautiful, clean finishes throughout. The downstairs unit is a 2 bedroom/2 bath and lovely kitchen. This unit was the 2 car garage converted into a comfortable and good-looking living space. There is a full fenced in yard with 2 gates on either side of the home. There is one outdoor patio space downstairs and an outdoor deck with great views for the top unit. This is the most convenient location in town and there is nothing you can’t do from this well-thought-out compound in the heart of Old Town.
AGENT: Lauren Gable LISTING BROKERAGE: Compass
Courtesy of Compass. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 4205 Mason St.
San Diego, CA
Property Details
Price:
$1,995,000
MLS #:
260009998SD
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
Old Town
Neighborhood:
92110oldtownsd
Listed Date:
Apr 26, 2026
Year Built:
1938
92110 – Old Town Sd92110oldtownsdOld TownBay
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Schools
Interior
Cooling
CA
Heating
FA, GAS
Levels
S
Exterior
Roof
CMP
Spa Features
NO
View
BA
Financial
Net Operating Income
$45,140
Map
Community
- Address4205 Mason St. San Diego CA
- SubdivisionOld Town
- CitySan Diego
- CountySan Diego
- Zip Code92110
