112-120 E Redwood Street San Diego, CA 92103

Active (3 Days)

$2,799,900 ^(USD)

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Description

A rare 3-unit Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,850/mo each on month-to-month leases; projected market gross $17,000/mo. Three single garages currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay.

MLS #:
260011969

Lot Size
5,227 SQFT

Type
Multifamily

Building Name
-

Year Built
1936

Views
Bay, Evening Lights, City

County
San Diego County

Community
Banker's Hill

Listed By

Gregg R Neuman, Berkshire Hathaway Homeservices California Properties

Source
San Diego, CA MLS
Last checked May 20 2026 at 7:15 PM GMT+0000

Bathroom Details

Full Bathrooms: 5

Subdivision

San Diego

Heating and Cooling

Forced Air Unit
Central Forced Air

Exterior Features

Roof: Composition

Utility Information

Utilities: Sewer Connected

Stories

1 Story

Location

Map View | Street View

Listing to Address

Address to Listing

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Disclaimer: © 2026 San Diego MLS. This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS Data last updated 5/20/26 12:15

112-120 E Redwood Street San Diego, CA 92103

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