2438 India St #42, San Diego, CA — $2,100,000

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About this home

Pleased to present 2438-42 India Street, a well-maintained 7-unit multifamily property located in the heart of San Diego's highly coveted Little Italy neighborhood. Built in 1950, the property offers investors an exceptional opportunity to acquire a rare multifamily asset in one of San Diego's most desirable and supply-constrained submarkets-an area defined by its walkability, cultural energy, and strong rental fundamentals. The property features a diverse unit mix consisting of two (2) two-bedroom/one-bath units (~800 SF each), four (4) one-bedroom/one-bath units (~500 SF each), and one (1) studio/one-bath unit (~400 SF). This balanced mix attracts a wide tenant base, from professionals seeking proximity to downtown to long-term residents who value the convenience and lifestyle of Little Italy.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

📋 Assessed value$183,274

💵 Annual tax$2,854

🏫 School districtSan Diego City Unified School District

MLS #260011445

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone

🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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VA loan (no PMI)

Estimated total monthly payment

$13,156

Principal & interest$10,619

Property tax$1,925

Home insurance$613

Down payment: $420,000Loan: $1,680,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.