$3,995,000
( )
 $21,446 est/mo Sourced by Back At You

2164 2nd Ave,San Diego, CA 92101

San Diego, CA 92101

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Description

Melrose Apartments is a charming 16-unit community located at 2164 Second Avenue in the highly desirable Bankers Hill neighborhood of San Diego, California. Built in 1920, the property features a mix of 14 studios and two one-bedroom / one-bathroom apartments. The property has charming original character, including hardwood floors, crown molding, Mission-style curved parapet, wide hallways, and an ornate wood/glass entry. The property's classic character and original architectural details are highly appealing to renters. While the property has been well maintained, there is an opportunity for a new owner to renovate and modernize kitchens and bathrooms, providing a path to increase rents while preserving the property's character. With a 94 Walk Score, Melrose Apartments is exceptionally well positioned within one of San Diego's most walkable and desirable urban neighborhoods. Residents are surrounded by acclaimed restaurants, cafés, shops, and neighborhood services, including Mister A's, Cucina Urbana, and Azuki Sushi. Balboa Park is just four blocks away, offering 1,200 acres of gardens, museums, cultural attractions, recreational amenities, and scenic trails. Residents can also walk to Little Italy, one of San Diego's most popular dining and entertainment districts.

Details

MLS #260021201SD
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site16
Listing Provided ByEric D. Comer, Broker | Eric Comer

Features

Units16
Building(s)1

Interior

Heating Yes / NoNo
Cooling Yes / NoYes

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92101
Area92101 San Diego Downtown
Listing VS Median (in 92101)
Price:
$3,995,000
low | high
Med:
$620,000
100% of Average
On site:
16
low | high
Med:
69
23.188405797101% of Average
Sourced by Back At You

Market Activity 92101

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Contact

Learn More About This Property

Stephen Jacobs

Stephen Jacobs

Desert Lifestyle Properties

00927784Accredited Buyer Representative, Resort Certification, Green Designated (760) 413-0117stephen@withaph.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92101
Area92101 San Diego Downtown
Listing VS Median (in 92101)
Price:
$3,995,000
low | high
Med:
$620,000
100% of Average
On site:
16
low | high
Med:
69
23.188405797101% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.996M - $4.993M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2133 2nd Ave Property Photo 1
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San Diego, CA 92101
2115 2nd Ave Property Photo 1
$6,500,000
2115 2nd Ave
San Diego, CA 92101
2108 3rd Ave 2 Property Photo 1
$2,800
2108 3rd Ave 2
San Diego, CA 92101
2108 3rd Avenue 1 Property Photo 1
$579,000
2108 3rd Avenue 1
San Diego, CA 92101
2141 Front Street Property Photo 1
$2,100,000
2141 Front Street
San Diego, CA 92101
Listing Updated: August 28, 2026 at 10:27:02 PM PDT

Stephen Jacobs - Desert Lifestyle Properties