$5,250,000
528 Olive Street & 2820 6th Avenue St
San Diego, CA 92103
—
Beds
—
Baths
—
Square feet
—
Built
Listing narrative
Description
We are pleased to present 6TH & Olive, an 18-unit multifamily offering situated at the cusp of Southern California's iconic Balboa Park. The uniquely positioned dual corner parcels at 528 Olive Street & 2820 6th Avenue create a distinctive cottage-style residential enclave in one of San Diego's most established and affluent urban neighborhoods, offering a living environment that stands in stark contrast to the area's growing inventory of large-scale apartment developments. Positioned directly across from Balboa Park and within walking distance of Bankers Hill & Hillcrest’s dining and entertainment district and Downtown San Diego, the property benefits from an exceptional location that continues to attract residents seeking an urban lifestyle that still honors neighborhood character & charm. The Bankers Hill/Hillcrest corridor has experienced substantial investment in recent years, with numerous luxury and ultra-luxury apartment communities reinforcing the strength of the rental market and supporting long-term rent growth. Unlike conventional multifamily assets, 6TH & Olive offers investors the opportunity to acquire a dual parcel property with architectural charm, a highly desirable low-density cottage-style layout, and meaningful value-add upside. The property’s unit mix includes six studio units averaging approximately 490 square feet and twelve one-bedroom/one-bathroom units averaging approximately 671 square feet, offering a practical floor plan composition tailored to the area’s renter base.
Property Details
Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.
Price
$5,250,000
Beds
Beds n/a
Type
Commercial
MLS subtype
Mixed Use
Home Size
Sqft n/a
Baths
Baths n/a
Year
Year n/a
Status
For Sale
Days on Market
26
Courtesy of Marcus & Millichap





