3018 44th Street

San Diego, CA 92105

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.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.