Properties

San Diego, CA 92102 2520 L Street

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Presented By: Olivia Dunham with LPT Realty, Inc.; 760-670-5656
  • MLS# PTP2600853
  • 12/24/2025
  • Get pre-approved
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  • SQFT • 1,324

Home Details

Priced reduced and ready to sell! Exceptional multi-family opportunity in central San Diego, priced at $899,900. Located at 2520โ€“24 L Street in the Grant Hill neighborhood, this well-positioned duplex offers immediate income with strong upside potential. The property features two separate 2-bedroom, 1-bath units, each with its own entrance. Ideal for investors or owner-occupants looking to live in one unit and rent the other, or for those seeking a value-add opportunity in a rapidly improving area. Centrally located just minutes from Downtown San Diego, Gaslamp Quarter, Petco Park, Balboa Park, and major employment centers, with easy access to freeways, public transit, shopping, dining, and entertainment. The areaโ€™s strong rental demand and walkability make this an attractive long-term hold. A rare chance to own a multi-unit property in an urban core location with income today and development upside tomorrow. Properties with this combination of location, flexibility, and price point do not last long.
Presented By: Olivia Dunham with LPT Realty, Inc.; 760-670-5656

Interior Features for 2520 L Street

Bathrooms

Total Baths

Other Interior Features

Air Conditioning Y/NNo
Common Walls1 Common Wall
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesInside, Stacked
Total Stories1

Other Rooms

Entry Level1

General for 2520 L Street

Additional Parcels Y/NNo
Cap Rate6.6
CitySan Diego
Community FeaturesSidewalks
ContingencyTenants to vacate prior to close of escrow
CountySan Diego
Directions25th Street - left onto L Street - Duplex is on left hand side 3rd set of units
Entry LocationStreet
Expected Active Date 2026-02-18
Garage Spaces
Garage Y/NNo
Gross Income70600
HOANo
HOA Fee$
Insurance Expense1500
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange, FHA, VA Loan
Lot Size Square Feet2423
Lot Size UnitsSquare Feet
MLS Area92102 - San Diego
Net Operating Income70600
Number Of Units Total2
Number of Units Leased2
Operating Expense5000
Pool FeaturesNone
PostalCitySAN DIEGO
Property Attached Y/NYes
Property Sub Type AdditionalDuplex
Property SubtypeDuplex
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot29
Taxes$9,650
Trash Expense0
Virtual TourClick here
Year Built1933
Year Built SourceAssessor
ZoningZoned CN-1-4

Exterior for 2520 L Street

Building Area Total1324
Lot FeaturesFront Yard
Lot Size Acres0.0556
Lot Size Area2423
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters2
Number of Separate Gas Meters2
Number of Separate Water Meters2
Private PoolNo
SpaNo
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $899,900
MLS#PTP2600853
List Date 12/24/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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The Woodlands, TX 77380
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