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Listed by Berkshire Hathaway HomeServices California Properties, Gregg R Neuman, Listing Contact: 619-595-7025 
6 Beds
5 Baths
3,368 sqft

$2,599,000

112-120 E Redwood Street, San Diego CA, 92103

Price per sqft$771.67
Built in1936
Property size3,368 sqft
Property typeMulti-family

Overview

Active

Listed Aug 30, 2026

Updated 2 weeks ago

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 $3,725/mo each on month-to-month leases; projected market gross $16,500/mo. 4 garaged spaces of which 3 are 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.

$17,291/mo

Est. mortgage payment based on a $2,599,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260021248

Interior Features

Bedrooms
6
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.12 Acres

Other Property Details

View
Yes
Pets Allowed
Yes

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Data last updated 6:38 AM UTC, 9/1/2026

   

 

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