Commercial property
Listing Agent: Eric Comer (DRE #00842230) · Listing Office: Eric D. Comer, Broker · Contact: 858-509-1200 · Bought with: Zehra Rizvi · HomeSmart Realty West · MLS #250018668SD · Source: CRMLS
Poinsettia Apartments is a prime investment opportunity, perfectly located in the heart of Point Loma Village. This well-maintained property offers a desirable unit mix, including two 1-bedroom/1-bath, four 2-bedroom/1-bath, and one 3-bedroom/2-bath apartment homes. Parking is conveniently provided at a ratio of two spaces per unit. Recent capital improvements, such as new vinyl-pane windows, have been made, and select units feature moderate upgrades. Additionally, there is Significant potential for a buyer to implement a full renovation program, which would allow for a substantial increase in rental income. The property is ideally situated just one block from a variety of restaurants, shops, a grocery store, and the public library, offering residents an easy walk to essential amenities. Point Loma Village is known for its laid-back, neighborhood vibe, with the perfect balance of coastal charm and convenience.
Listing description from the July 2025 sale, as reported to CRMLS.