---
listing_id: SD260016542
status: Active
price: 2800000
beds: 0
baths_full: 0
baths_half: 0
sqft_living: 
sqft_lot: 
lot_acres: 
year_built: 
property_type: Residential Income
property_subtype: 
address: "438  Denby St"
city: San Diego
state: CA
zip: 92102
county: "San Diego County"
lat: 32.710342
lng: -117.103027
days_on_market: 8
hoa_fee: 
hoa_frequency: 
garage_spaces: 0
list_agent: "Cameron Ebrahimi"
list_office: "Bridgepoint Realty Inc"
list_agent_phone: "(858) 380-8553"
list_agent_license: 01820290
mls_source: SDMLS
modified: 2026-07-08
transaction_type: buy
---

Home | San Diego County | San Diego | 92102 | 438 Denby St

438 Denby St, San Diego, CA 92102

MLS: SD260016542 | Status: | Price: $2,800,000
Beds/Baths: – / –
Property Type: Residential Income

Quick Facts

Beds Baths Sq Ft Sq Ft Lot Yr Built

Remarks

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

MLS Listing Information

Field Value
MLS # SD260016542
MLS Source San Diego MLS
Days on Site 8

Features

Interior Features

Feature Details
Cooling Window/Wall Unit

Contact Information

Cameron Ebrahimi
Bridgepoint Realty Inc
License #: 01820290
Phone: (858) 380-8553

Property Units

# Buildings # Leased Units # Total Units
5 9 9

Unit Details

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 Ratings

School data provided by GreatSchools.org

Nearby Schools

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

Nearby Homes

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

Disclosures

©2026 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.

Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.

This listing information is up-to-date as of July 08, 2026. For the most current information, please contact Cameron Ebrahimi, (858) 380-8553.