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438 Denby St, San Diego, CA 92102

San Diego
Local realty services provided by:CENTURY 21 Masters
438 Denby St,San Diego, CA 92102
$2,800,000
  • 11 Beds
  • 9 Baths
  • 4,415 sq. ft.
  • Multi-family
  • Active
Listed by: cameron ebrahimi
Office: bridgepoint realty inc
MLS#:260016542
Source:San Diego MLS via CRMLS

Price summary

  • Price:$2,800,000
  • Price per sq. ft.:$634.2

About this home

We're pleased to present 438 Denby Street; a fully stabilized turn-key multifamily offering comprised of nine units on five detached structures. The property consists of one fully remodeled detached single-family home and eight brand-new construction units in the rear completed in 2026. The property totals approximately 4,415 rentable square feet on a 6,573-square-foot parcel. Featuring a solid 6% entry CAP. What distinguishes this offering is that it is already fully stabilized: generating $19,600 of monthly income and $235,200 of annual gross. There is no lease-up, renovation, or rent-repositioning risk left to execute - a buyer steps into durable, day-one cash flow at delivery. Eight of the nine units are AB 1482 exempt from rent control limitations. All utilities are sub-metered, shifting utility costs to residents. The unit mix pairs the remodeled detached 2-bed/1-bath home at $2,925, one - 2-bed/1-bath unit at $2,500 and seven 1-bed/1-bath units averaging $2,025 monthly....

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Home facts

  • Listing ID #:260016542
  • Added:63 day(s) ago
  • Updated:September 10, 2026 at 02:14 PM

Rooms and interior

  • Bedrooms:11
  • Total bathrooms:9
  • Full bathrooms:9
  • Living area:4,415 sq. ft.

Heating and cooling

  • Cooling:Wall/Window

Structure and exterior

  • Building area:4,415 sq. ft.
  • Levels:2 Story

Finances and disclosures

  • Price:$2,800,000
  • Price per sq. ft.:$634.2
MLS LogoThis 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, non-commercial 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 © 2020 San Diego MLS®, Inc. SANDICOR Member Broker: Randy Thompson

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