1212 Azusa Street, San Diego, California 92110, San Diego, 92110 - 0 bed, 0 bath
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San Diego, California 92110
This Strategic Residential Income Quadruplex is listed at $2,100,000, reflecting the premium demand of its location relative to the $1,964,288 Fair Market Value. Boasting a Condition Rating of 3, the property features four renovated 2BR/1BA units perfectly positioned to capture the consistent student rental pipeline at the base of USD. Its central proximity to I-5 and I-8 ensures high occupancy and long-term asset appreciation. This high-growth opportunity is an ideal acquisition for Buy-and-Hold Investors or 1031 Exchange Buyers seeking a turnkey multi-family asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1212 Azusa Street Subject | $1,590,900* List Price | 0 | 0 | 3,000 | $536 | - |
A 47 Mildred Street Active | $1,875,000 List Price | 0 | 0 | 3,414 | $549 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1972, the interior photos show clear evidence of recent renovations within the last 5-10 years, including updated laminate flooring, modern bathroom tiling, and newer fixtures. The units appear well-maintained, functional, and move-in ready for the target rental market.
Situated at the base of the University of San Diego (USD), the property is perfectly positioned to capture a consistent and high-demand student rental market.
The central location provides residents with unbeatable access to major transit corridors including I-5 and I-8, as well as proximity to Mission Bay, Downtown, and Mission Valley.
As a quadruplex in a safe, high-demand neighborhood, this property offers a rare opportunity for portfolio expansion with strong potential for maximum occupancy and long-term appreciation.
Built in 1972, the property may require significant capital improvements or modernizing updates to maintain its competitive edge against newer rental units.
With four units situated on a 4,370-square-foot lot, the property features a high density that likely limits private outdoor space and may present parking constraints for tenants.
Price reduced 2.1mil to 1.79mil. Prime investment opportunity at the base of USD! This centrally located property offers unbeatable access to Mission Bay, Mission Valley, Downtown, and I-5/I-8. Situated in a safe, high-demand neighborhood with a strong student rental base, these 2BR/1BA units are perfectly positioned for maximum occupancy. Residents enjoy proximity to top-tier dining, shopping, and entertainment. Whether you’re looking to expand your portfolio or secure a high-growth asset, this is must-see. Act fast opportunities in this location are rare! Buyer to verify all info.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 4.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 3,000 | 1,962 |
| Lot Size | 4,370 | 7,200.5 |
| Price | $1.59M | $984.4K |
| Price per sq ft | $530 | $614 |
| Built year | 1972 | 1979 |
| HOA | $0 | $374 |
| Days on market | 83 | 43 |
May 29, 2026
$1,590,900
$1,799,900
-12% Price Drop
Initial Listing
May 22, 2026
$1,799,900
$1,899,900
-5% Price Drop
Initial Listing
May 14, 2026
$1,899,900
$2,100,000
-10% Price Drop
Initial Listing
Apr 30, 2026
$2,100,000
Initial Listing
Mar 24, 1997
$200,000
Public Record