Listing provided courtesy of Gregg Neuman of Berkshire Hathaway HomeServices California Properties. Last updated . Listing information © 2025 Sandicor.

Asking Price: $2,599,000 | Active​​​​​​​

112-120 Redwood Street, San Diego CA 92103

Community: ​Banker's Hill


This ResidentialIncome property was built in 1936 and is priced at $2,599,000. Please see the additional details below.
  • 3,368 Sq Ft
  • 5 bathrooms
  • 6 bedrooms
  • MLS#: 260021248
  • Type: ResidentialIncome
  • Year Built: 1936
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.

Call or Email The Koop Group now to inquire about this property

619.985.8722