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For SaleLuxury

$3,000,000

19,998 sqft$150/sqft226 days on market

801 807 Torrance Street ST

San Diego, CA 92103

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

19,998

Square feet

1958

Built

Listing narrative

Description

Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.

Listing agent (MLS): Ben Sierpina · Listing brokerage (MLS): Marcus & Millichap

Property Details

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Price

$3,000,000

Beds

Beds n/a

Type

House

Home Size

19,998 sqft

Baths

Baths n/a

Lot Size

0.46 acres

Year

1958

Neighborhood

Mission Hills

Status

For Sale

Days on Market

226

$ / Sqft

$150

· 8% down, 7% APR, 30yr fixed
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Courtesy of Marcus & Millichap