For Sale Multi-Family MLS# 260024083SD

418 W Ivy Street

San Diego, CA 92101

$1,950,000

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About 418 W Ivy Street

Beautifully remodeled 1917 Craftsman with views of the San Diego Bay + detached two additional units in prime Bankers Hill / Little Italy location. This 3-unit property offers exceptional flexibility for owner-occupants or investors, just steps from Balboa Park, the San Diego Bay waterfront, and the best dining and shopping in 92101. The front home has been extensively upgraded with high-end finishes (including Moroccan brass fixtures), dual-pane windows, updated plumbing and electrical, new roof, new HVAC system and foundation and retaining wall improvements. Enjoy multiple outdoor living areas including a front porch, rear deck with bay views, and private yard spaces with two mature avocado trees. Three tandem parking spaces serve the main home. The rear structure features two studio units with private access and laundry hookups conveniently located beneath the rear deck —ideal for rental income, multigenerational living, or guest use. Property has been operated as a successful furnished rental and offers strong income potential (currently running at 84% occupancy). A turnkey opportunity in one of Downtown San Diego’s most walkable and desirable neighborhoods.

Property details

Property

Type
multi
Year built
1917
Lot
0.0956 ac
List date
Oct 2, 2026

Schools

District
San Diego City Unified School District

Location

Subdivision
Park West
Neighborhood
Park West

Location

Neighborhood
Park West
School district
San Diego City Unified School District

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Listed by Christina Labowicz, ACI Apartments

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.