2629 Island Ave, San Diego, CA 92102

Local realty services provided by:CENTURY 21 Wildwood Properties, Inc.
2629 Island Ave,San Diego, CA 92102
$300,000
  • 1 Beds
  • 2 Baths
  • 736 sq. ft.
  • Single family
  • Active
Listed by: joshua massieh
Office: joshua daniel massieh
MLS#:CRPTP2600934
Source:CA_BRIDGEMLS

Price summary

  • Price:$300,000
  • Price per sq. ft.:$407.61

About this home

CASH OR HARD MONEY ONLY - Historic Gem with Mills Act Potential Rare opportunity to acquire a designated historic property at 2629 Island Ave in the heart of San Diego's vibrant Little Italy/Bankers Hill corridor. This home offers significant upside for the right investor or owner-user. Key Highlights: Mills Act Eligible: Potential property tax savings of 40-60% annually through San Diego's historic preservation program Proven Income History: Former short-term rental generating $6,000/month gross income Prime 92101 Location: Walking distance to downtown, waterfront, restaurants, and entertainment Current Status: Property has outstanding code violations from recent remodeling work that must be resolved by buyer. Sold strictly AS-IS. Cash or hard money financing required - no conventional or FHA/VA loans. Ideal For: Experienced investors comfortable with code compliance issues Buyers seeking Mills Act tax advantages Those looking to restore a historic property to rental or primary

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Home facts

  • Year built:1920
  • Listing ID #:CRPTP2600934
  • Added:1 day(s) ago
  • Updated:February 05, 2026 at 11:47 PM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:2
  • Full bathrooms:1
  • Living area:736 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)

Structure and exterior

  • Year built:1920
  • Building area:736 sq. ft.

Finances and disclosures

  • Price:$300,000
  • Price per sq. ft.:$407.61