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3167 Landis St

San Diego, CA 92104
  • $7,790,000
  • STATUS: ACTIVE
  • ON SITE: 68 Days
  • ID#: 250026104
UPDATED: 14 min ago
$7,790,000
  • 3
    BEDS
  • 0.22
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community in the heart of North Park — one of San Diego’s most desirable rental markets. This gated property has been extensively upgraded down to the studs, featuring modern, high-end finishes, in-unit laundry, and ductless air conditioning in every apartment. Residents benefit from assigned parking, abundant off street spaces, and a spacious central common area that encourages outdoor living and community interaction. With strong local schools like Francis Parker, OLP, McKinley Elementary, and St. Augustine nearby, the property appeals to a wide range of tenants. Offering excellent curb appeal, a highly walkable location, and strong income potential, 3167 Landis Street presents a rare opportunity to acquire a turnkey asset in one of San Diego’s most established and vibrant urban neighborhoods

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
www.mercergrouprealestate.com/homes/163192052
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3167 Landis St San Diego, CA 92104

  • Price: $7,790,000
  • Status: ACTIVE
  • On Site: 68 Days
  • Updated: 14 min ago
  • ID#: 250026104
3
Beds
3
Baths
0
½ Baths
0.22
Acres
Neighborhood:
North Park (92104)
County:
San Diego
Area:
North Park (92104)
Property Description
We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community in the heart of North Park — one of San Diego’s most desirable rental markets. This gated property has been extensively upgraded down to the studs, featuring modern, high-end finishes, in-unit laundry, and ductless air conditioning in every apartment. Residents benefit from assigned parking, abundant off street spaces, and a spacious central common area that encourages outdoor living and community interaction. With strong local schools like Francis Parker, OLP, McKinley Elementary, and St. Augustine nearby, the property appeals to a wide range of tenants. Offering excellent curb appeal, a highly walkable location, and strong income potential, 3167 Landis Street presents a rare opportunity to acquire a turnkey asset in one of San Diego’s most established and vibrant urban neighborhoods
Interior Features

Sq Ft Of Improvement 9343

Property Features

Actual Cap Rate 4.4 Actual Gross Scheduled Income 524820.0 Actual Operating Expense 162601 Assumable Finance 0 Buildings 1 Gross Equity 0 Gross Multiplier 14.8 Have 16 units Mandatory Remarks None Known Market Area Metro Uptown Motive Want $$ Projected Cap Rate 4.8 Projected Gross Multiplier 14.2 Unit Number1 2 Unit Number2 12 Unit Number3 2 Unit Rent Total1 4190 Unit Rent Total2 31800 Unit Rent Total3 5990 Unit Rent1 2095 Unit Rent2 2650 Unit Rent3 2995 Zoning R-2:MINOR

San Diego MLS logo Listing provided courtesy of Adam Cairo of Starker West, Inc.: 619-300-0173. Listing information © 2025 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS, Inc. Licensed in the state of California.
 
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