$5,250,000
1541 8th Avenue
San Diego, CA 92101
Listing agent: Conor M Brennan, Conor Brennan, Broker
Last updated Oct 12, 2026, 10:23 AM
Original list price $5,950,000
Key details
About this home
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.
Home facts
Price history
| Date | Event | Price |
|---|---|---|
| May 11, 2026 | Listed | $5,950,000 |
| — | Current list price | $5,250,000 |
Monthly payment
Estimate only. The rate, tax, and insurance figures are editable placeholders, not a lender quote.
- Principal and interest $26,546.86
- Property tax $4,812.50
- Insurance $1,531.25
- HOA $0.00
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SDMLSListing data provided by San Diego MLS. Information deemed reliable but not guaranteed. Homes By Hive is not the listing broker. Each home names the listing agent and listing office.