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Your Chance to Own an Income-Producing 4-Unit in the Heart of Sherman Heights. Welcome to 2567-69 L Street, an exceptional opportunity to acquire a well-located multifamily property just blocks from Downtown San Diego. Perfectly positioned within walking distance to restaurants, bars, and cafés, this property combines strong current income with significant value-add potential. The property sits on a large 7,089 sq. ft. lot, offering owner occupy or investors the option to build up or add an additional unit utilizing the existing garage. Current rents are below market, presenting immediate upside in rental income. The community consists of four units across two buildings, totaling 2,468 rentable sq. ft.: One 3 bed / 1 bath unit Two 2 bed / 1 bath units One 1 bed / 1 bath non-conforming unit Select units have already been upgraded with new tile flooring in kitchens and baths, granite countertops, modern appliances, and updated cabinetry. With its prime location, large lot, and under-market rents, 2567-69 L Street is a compelling investment opportunity for both immediate cash flow and long-term growth.
Property Type(s):
Residential Income
| Last Updated | 8/20/2025 | Tract | San Diego |
|---|---|---|---|
| Year Built | 2006 | Community | 92102 - San Diego |
| County | San Diego |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | 92102 - San Diego |
| HEAT | Natural Gas |
| LOT | 2470 sq ft |
| STORIES | Split/Multi Level |
| SUBDIVISION | San Diego |
Location
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Listed with LPT Realty,Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
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