$1,975,000
We are pleased to present 1237–1239 Lincoln Avenue, a boutique five-unit multifamily community ideally located in the heart of San Diego’s University Heights neighborhood. Extensively renovated and constructed in 2025, the property showcases a blend of modernized interiors and functional layouts designed to meet the demands of today’s renters.The community features four (4) one-bedroom/one-bath apartments and one (1) single-family residence offering a one-bedroom/one-and-a-half-bath layout, providing a unique mix of rental options within a compact, low-maintenance setting. Each residence has been thoughtfully upgraded with new finishes, refreshed kitchens and baths, in-unit washer and dryers, heating and cooling systems, luxury vinyl flooring, and modern fixtures to enhance comfort and appeal. Nestled just minutes from Balboa Park, Hillcrest, North Park, and Downtown San Diego, the property enjoys exceptional walkability and connectivity to major employment centers, local retail, and dining destinations. Its central location and strong rental fundamentals make it an ideal choice for tenants seeking quality housing in one of San Diego’s most desirable neighborhoods.With its comprehensive renovations, well-balanced unit mix, and prime location, 1237–1239 Lincoln Avenue presents investors with a turnkey opportunity to acquire a stable, income-producing asset in a supply-constrained, high-demand submarket. Newly Constructed & Fully Renovated in 2025 with comprehensive interior and exterior upgrades - NO DEED RESTRICTED UNITS. No Showings at this time. Please contact the listing agent: Graeme Henderson graeme.henderson@marcusmillichap.com (858) 373-3156
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Listed by Austin Huffman with Marcus & Millichap (858) 373-3100
Property Type
Mixed Use
Status
Active
MLS Number
250042540SD
Year Built
N/A