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2336 Union Street, San Diego, CA 92101

Commercial property · 2 recorded sales since 2019

2336 Union Street, San Diego, CA 92101 Sold August 2025 CRMLS
$2,300,000Sold August 2025

Listing Agent: John Shannon (DRE #01928641) · Listing Office: Solace Realty, Inc. · Contact: 858-225-8213 · Bought with: Chris Luna · WORK REALTY ADVISORS · MLS #250029062SD · Source: CRMLS

6
Units
4.22%
Cap Rate
4,740 sqft
Lot Size
Commercial property
Type

About this commercial property

Timeless 6-Unit Investment | Little Italy / Bankers Hill Border Located on the coveted border of Little Italy and Bankers Hill, this pride-of-ownership 6-unit apartment community blends vintage charm with modern upgrades. Built in 1937, the 3-story property features (4) oversized 2BD/1BA units and (2) 1BD/1BA units—many with updated kitchens, modern appliances, walk-in closets, and sweeping views of San Diego Bay, Downtown, and Point Loma. The 2BD units range from approx. 950–1000 sq. ft. Flexible floor plans and thoughtful updates throughout enhance livability and appeal. Recent improvements include dual-pane windows, updated finishes, newer appliances, and a premium Sully Jones roof with warranty. Tenants enjoy an on-site laundry facility and a beautifully landscaped shared backyard—a rare find in this walkable, urban location. Just blocks from top hospitals (UCSD & Scripps Mercy), Balboa Park, California Western School of Law, and the shops and dining of Little Italy. Excellent freeway and airport access make it ideal for professionals and long-term tenants. With steady income, proven tenancy, and value-add potential, this is a rare opportunity to own a character-rich, stable asset in one of San Diego’s most in-demand rental markets. Shown with accepted offer only. Proof of funds and DU approval required.

Listing description from the August 2025 sale, as reported to CRMLS.

Sale history

$2,300,000
Sold August 2025 · on market May 2025 · MLS #250029062SD · Source: CRMLS
Listing Agent: John Shannon · Listing Office: Solace Realty, Inc. · Contact: 858-225-8213 · Bought with: Chris Luna · WORK REALTY ADVISORS
$1,950,000
Sold July 2019 · listed $2,150,000, on market May 2019 · MLS #190031041 · Source: CRMLS
Listing Agent: Chris Robinson · Listing Office: Acre Investment Real Estate · Contact: 619-255-3222 · Bought with: John Shannon · Solace Realty, Inc.
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