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2127 Front St1 / 9 · Click to zoom

About this home

Glad to introduce for sale 2127 Front Street, a great +/-1980's-built four-plex in Bankers Hill, within walking distance (+/-3 blocks) to Little Italy, boasting tremendous potential for adding value to the (4) existing 1-bedroom/1-bathroom units (+/-730 SF each) via modernization, and/or by adding more density to the site in one way or another, on a +/-5,236 SF lot with favorable zoning. The current building is essentially two and a half stories tall, comprised of all spacious 1-bedroom/1-bathroom units of similar design, each with generous living areas, modest yet functional kitchens, quasi open floor plans, and a roomy bedroom with large walk-in closet. There are peek bay/water views currently from most units, common entry is gated with dial pad access, and there is commercial laundry equipment on site for tenants use. The parking situation at 2127 Front Street is excellent, with 5 surface off-street spaces, one of which is tandem. There is a large parking area in front, with a common area walkway/bbq area in back. Units are separately metered for gas and electricity, the roof is flat, windows have been upgraded with dual-pane vinyl, and yet unit interiors could use a refresher or a reset. There seems plenty of room to add in-unit laundry if one were so inclined. All units feature west-facing views, allowing for beautiful evening sunsets over the San Diego Bay with the thrill of planes flying overhead throughout the day, as many tourists and residents alike arrive to this fine city nearby.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$550,000 · Mar 2009
📋 Assessed value$722,417
💵 Annual tax$9,435
🏫 School districtSan Diego City Unified School District

MLS #260013953SD

🔥 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

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$9,554
Principal & interest$7,711
Property tax$1,398
Home insurance$445
Down payment: $305,000Loan: $1,220,000

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