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165 20th St
San Diego, CA 92102 Sherman Heights

$2,000,000 USD

Apartments For Sale • 3,982 SF

Property Details

Property Type Apartments
Total Building Size 3,982 SF
Lot Size 0.11 AC
Building Class C
Year Built 1966
Cap Rate 3.82 %
Zoning RX-1-1

73 Transit Score

91 Walk Score

                
                    Highlights
                
                                (5) off-street garages, (5) smaller storage units, gated courtyard, on-site laundry, and various interior and exterior improvements
                            
                                Potential to convert garages to 1 or more ADUs
                            
                                Roughly 43% income upside current to market. All tenants are month-month.
                            
                                Corner parcel comprised of (2) 2-story buildings. Excellent curb appeal. Select upper units have bay/bridge and/or downtown views.
                            
                                Separate water meters and water heaters for all units - tenants pay all utilities.
                            
                                Vibrant and developing Sherman Heights neighborhood in the path of progress.

Property Flyers

165 20th St_San Diego_CA_OM_2025 V1 RS

Financial Summary (Proforma)

Net Operating Income: $76,378 USD (2026)

Cap Rate:	3.82 %
Total Expenses:	$54,127 USD

Amenities

Courtyard
Storage Space

Public Transportation

Commuter Rail	Drive	Walk	Distance
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	5 min	-	2.4 mi
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze))	8 min	-	5.4 mi
Transit/Subway	Drive	Walk	Distance
25th & Commercial (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	1 min	9 min	0.5 mi
12th & Imperial Transit Center (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	3 min	10 min	0.5 mi
Park and Market (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley), Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	3 min	14 min	0.7 mi
Barrio Logan (Blue Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	4 min	16 min	0.8 mi
Airport	Drive	Walk	Distance
San Diego International	9 min	-	4.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	5
Type:	Surface
Included in Rent:	Yes

Kenneth Herskind 619-550-4343 Top Gun CRE

165 20th St San Diego, CA 92102 Sherman Heights