Home | San Diego County | San Diego | 92102 | 438 Denby St
MLS: SD260016542 | Status: | Price: $2,800,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | – | – |
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. Brand-new construction, separately metered utilities, and market-rate rents already in place combine to offer a low-friction, institutionally clean core asset. The property is centrally located within minutes to Downtown San Diego, Coronado, Golden Hill, North Park and some of San Diego's most desireable
| Field | Value |
|---|---|
| MLS # | SD260016542 |
| MLS Source | San Diego MLS |
| Days on Site | 8 |
| Feature | Details |
|---|---|
| Cooling | Window/Wall Unit |
Cameron Ebrahimi
Bridgepoint Realty Inc
License #: 01820290
Phone: (858) 380-8553
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 9 | 9 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $14,175 | – |
| 2 | – | – | 0/0 | – | $2,925 | – |
| 3 | – | – | 0/0 | – | $2,500 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Chollas/Mead Elementary School | public | K-5 | 0.32 mi | 5 |
| San Diego Continuing Education | public | UG | 0.76 mi | N/A |
| Baker Elementary School | public | K-5 | 0.86 mi | 3 |
| Millennial Tech Middle School | public | 6-8 | 0.92 mi | 2 |
| Lincoln High School | public | 9-12 | 0.92 mi | 4 |
| Horton Elementary School | public | K-5 | 0.94 mi | 3 |
| Porter Elementary School | public | K-6 | 1.00 mi | 2 |
| Rowan Elementary School | public | K-5 | 1.07 mi | 8 |
| Webster Elementary School | public | K-5 | 1.09 mi | 8 |
| Mountain View School | public | K-8 | 1.20 mi | 7 |
| Knox Middle | public | 6-8 | 1.30 mi | 4 |
| Golden Hill K-8 | public | K-8 | 1.32 mi | 3 |
| Chavez Elementary School | public | K-5 | 1.32 mi | 4 |
| Emerson/Bandini Elementary School | public | K-5 | 1.36 mi | 3 |
| Rodriguez Elementary School | public | K-5 | 1.63 mi | 1 |
| Balboa Elementary School | public | K-5 | 1.68 mi | 3 |
| Kimbrough Elementary School | public | K-5 | 1.71 mi | 3 |
| El Toyon Elementary School | public | K-6 | 1.75 mi | 6 |
| Hamilton Elementary School | public | K-5 | 1.75 mi | 8 |
| Johnson Elementary School | public | K-5 | 1.77 mi | 4 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2959-81 54th St | $3,325,000 | – | – | – | |
| 849 22nd St | $2,498,000 | – | – | – | |
| 3363-65 a | $2,695,000 | – | – | – | |
| 2442-46 F St | $2,900,000 | – | – | – | Active |
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This listing information is up-to-date as of July 08, 2026. For the most current information, please contact Cameron Ebrahimi, (858) 380-8553.