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CBRE is pleased to exclusively present 2120 Mission Avenue, a 27-unit multifamily investment opportunity located in the University Heights neighborhood of San Diego. Originally built in 1970 with sixteen (16) units, the property now includes eleven (11) newly completed accessory dwelling units (ADUs) and has undergone extensive recent capital improvements. Situated on an approximately 13,287-square-foot lot with approximately 16,619 rentable square feet, the offering gives investors a rare opportunity to acquire a substantially modernized asset in one of San Diego's most established mid-city neighborhoods. The property features a diverse unit mix of twelve (12) two-bedroom / two-bath units, five (5) one-bedroom / one-bath units and ten (10) studio / one-bath units, appealing to a wide range of University Heights renters. Ownership has completed a comprehensive capital improvement program, including recently upgraded plumbing, upgraded electrical with individual unit subpanels, a new roof, and fire safety systems. The ADU units feature ductless mini-split heating and cooling and new electric water heaters. Most units include an in-unit washer and dryer, supplemented by a common laundry room, and thirteen (13) off-street parking spaces serve the property. With major building systems updated and construction of the ADUs complete, a new owner benefits from limited deferred maintenance and reduced near-term capital needs.
Property Type(s):
Commercial
| Last Updated | 11/11/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 92116 - Normal Heights | County | San Diego |
Additional Details
| AIR | Wall/Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | 92116 - Normal Heights |
| HEAT | None |
| LOT | 0.305 acre(s) |
| LOT DIMENSIONS | 13287 |
Location
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Listed with Conor Brennan, Broker
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.
This IDX solution is (c) Diverse Solutions 2026.
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