← All listings
ActiveGolden Hill

849 22nd St

$2,600,000
849 22nd St, San Diego, CA 92102

Historic Golden Hill Treasure, 8 Updated Studios Wrapped in Old San Diego Charm.

Front elevation of 849 22nd St at dusk, a two-story historic eight-unit building in Golden Hill with a curved front porch and steps up from the sidewalk
The numbers
Status
Active
List price
$2,600,000
Units
8
Price / unit
$325,000
Gross scheduled income
$171,000 / yr
Gross multiplier
15.2
Price / sqft
$860
Improvements
3,024 sqft
Property type
Commercial-Res Income (8 units)
Zoning
R-4:MULTIP
Stories
2 story
Terms
Cash, Exchange Down, Exchange Up, VA
MLS #
260006538 · SDMLS
GHG represented
Seller
The GHG take

Why this one

WHAT WE LOVE: This is not your typical 8-unit. It doesn't feel like a box, it feels like a piece of Golden Hill history that just happens to produce income. Set up like a classic San Diego home with a true street presence, front approach, and multiple outdoor common areas, the property delivers something investors rarely get, character. All eight studios have been variously updated, giving the next owner a clean starting point without the heavy lift. It is the kind of opportunity that checks both sides of the equation, strong usability today with a vibe that tenants actually want to live in, which helps keep demand consistent and turnover low.

Listings shown are GreenHouse Group inventory, hand-published by our team. Based on information from SDMLS. All data, including measurements and calculations of area, is obtained from various sources and has not been verified by broker or MLS; all information should be independently reviewed and verified for accuracy. Square footage, lot size, and year built are approximate. The GreenHouse Group Inc — CA DRE #01859042. Equal Housing Opportunity.

Want the read before the tour?

We'll send you the comps, the permit history, and the honest downside before you ever set foot inside.