Keegan Cin | Realtor® | License # DRE 01971604

Property

San Diego, CA 92101 2311 State St

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Presented By: Michael G Kasser with Daniel W. Withers;
  • MLS# 250028621
  • 05/15/2025
  • Request Tour
  • Request Info
  • Beds • 4
  • Baths • 2
  • SQFT • 2,339
  • Year Built • 1925

Home Details

Matthews Real Estate Investment Services is pleased to exclusively present this 2-Unit property with (2) 2-bedrooms/1-bathroom units in Bankers Hill. This property is zoned commercial, CC-3-4, which has multiple uses per city zoning code. Opportunities for retail, office and a potential third unit would be ideal for this location. A walker’s paradise & Walk Score (91), this property provides all the convenience to Downtown & Little Italy nightlife, Balboa Parks Attractions, and access Interstate 5/Pacific Coast Hwy. The units are significantly below market. A new buyer can capitalize on bringing rents up, with approximately 83% rental upside. This is an ideal site for short-term rental located just across the Highway from Little Italy. Bankers Hill is seeing lots of activity in relation to new apartment development showing the strength of the neighborhood, positioning this properties location for long term growth.
Presented By: Michael G Kasser with Daniel W. Withers;

Interior Features for 2311 State St

Bedrooms

Unit 1 # Bedrooms2
Unit 2 # Bedrooms2

Bathrooms

Unit 1 # Total Baths1
Unit 1 # of Full Baths1
Unit 1 # of Half Baths0
Unit 2 # Total Baths1
Unit 2 # of Full Baths1
Unit 3 # Total Baths
Unit 4 # Total Baths

Other Interior Features

# of Units w/Dryers2
# of Units w/Fireplaces0
# of Units w/Garage0
# of Units w/Range/Oven2
# of Units w/Refrigerator2
# of Units w/Washers2
Total Furnished Units
Unit 1 Estimated SqFt1193
Unit 1 Laundry Hook UpsYes
Unit 2 Estimated SqFt1146
Unit 2 Laundry Hook UpsYes
Units w/Cooling2
Units w/Dishwashers2

General for 2311 State St

CFD/Mello-Roos Fee0.0
CoolingCentral Forced Air
NeighborhoodBankers Hill
Number Of Units Total2
Other Fees0.0
RoofOther/Remarks
Sale/RentFor Sale
SecurityN/K
Senior Community Y/NN/K
Stories2 Story
TermsOther/Remarks
Year Built1925
ZoningCC-3-4

Exterior for 2311 State St

# of Units w/Patios1
Complex/ParkDuplex
ExteriorOther/Remarks
FencingOther/Remarks
Lot Size Area1-3, 999 SF
Number of Buildings1
Unit 1 Exclusive Use YardNo
Unit 2 # of Half Baths0
Unit 2 Exclusive Use YardNo

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,195,000
MLS#250028621
List Date 05/15/2025
Property Type Multi-Family
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Request Info
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