- $5.3M Price
- 86 DOM
1541 8th Avenue
pleased to present 1451 8th Avenue, a 25-unit apartment community located in the highly desirable Cortez Hill neighborhood of Downtown San Diego. Originally constructed in 1914, the property consists of a unique mix of studio units, one-bedroom apartments, and a penthouse/commercial unit, offering investors a rare opportunity to acquire a character-rich asset in one of Downtown San Diego’s most established residential enclaves. The property also features a shared laundry facility and a substantial basement-level storage area, providing added convenience for tenants and potential operational upside for ownership. Additionally, the offering includes attractive assumable financing, with an existing $1.25 million loan at a 3.45% fixed interest rate through September 2030, presenting a compelling opportunity to secure below-market debt in today’s higher interest rate environment. Situated in Cortez Hill, the property benefits from one of the most walkable residential neighborhoods in Downtown San Diego, where residents enjoy convenient access to daily amenities, restaurants, retail, and entertainment. The location places tenants within walking distance of several of Downtown’s most vibrant districts including Little Italy, the Gaslamp Quarter, and East Village, all of which offer a wide array of dining, nightlife, shopping, and employment opportunities. Additionally, Balboa Park, one of the nation’s largest urban parks and home to numerous museums and the San Diego Zoo, is located just minutes away, providing exceptional outdoor and cultural amenities.
Essential Information
- MLS® #260011471SD
- Price$5,250,000
- Bathrooms0.00
- Acres0.00
- TypeCommercial Sale
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address1541 8th Avenue
- Area92101 - San Diego Downtown
- CitySan Diego
- CountySan Diego
- Zip Code92101
Additional Information
- Date ListedMay 12th, 2026
- Days on Market86
Listing Details
- AgentConor Brennan
- OfficeConor Brennan, Broker
Price Change History for 1541 8th Avenue, San Diego, (MLS® #260011471SD)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $5,550,000 to $5,250,000 | ||
| Price Reduced from $5,600,000 to $5,550,000 |
Conor Brennan, Conor Brennan, Broker.
Based on information from California Regional Multiple Listing Service, Inc. as of August 5th, 2026 at 3:27pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.