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726 Torrance Street

San Diego, CA 92103
  • $4,100,000
  • STATUS: ACTIVE
  • ON SITE: 216 Days
  • ID#: 240013674
UPDATED: 68 min ago
$4,100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to 726 Torrance Street, a unique opportunity nestled in the heart of San Diego's vibrant 92103 zip code. This property, originally a 36-unit nursing home facility, offers a rare chance for visionary buyers to transform it into a stunning multi-unit apartment complex or even a forever home. While it is currently a fixer-upper, its potential is boundless, promising a lucrative return on investment or a stunning hilltop home for those with the foresight to see its possibilities. Imagine the spacious living areas in this 20,000 square foot lot perched atop a hill that gives beautiful views of downtown San Diego. The building's prime location, just minutes from Balboa Park, trendy boutiques, and renowned dining options, adds to its appeal, making it a prime candidate for a high-end residential development. Bring your creativity and craftsmanship to 726 Torrance Street and transform this diamond in the rough into a jewel of San Diego living.

Monthly Payment Calculator

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/151696855
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726 Torrance Street San Diego, CA 92103

  • Price: $4,100,000
  • Status: ACTIVE
  • On Site: 216 Days
  • Updated: 68 min ago
  • ID#: 240013674
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Mission Hills (92103)
County:
San Diego
Area:
Mission Hills (92103)
Property Description
Welcome to 726 Torrance Street, a unique opportunity nestled in the heart of San Diego's vibrant 92103 zip code. This property, originally a 36-unit nursing home facility, offers a rare chance for visionary buyers to transform it into a stunning multi-unit apartment complex or even a forever home. While it is currently a fixer-upper, its potential is boundless, promising a lucrative return on investment or a stunning hilltop home for those with the foresight to see its possibilities. Imagine the spacious living areas in this 20,000 square foot lot perched atop a hill that gives beautiful views of downtown San Diego. The building's prime location, just minutes from Balboa Park, trendy boutiques, and renowned dining options, adds to its appeal, making it a prime candidate for a high-end residential development. Bring your creativity and craftsmanship to 726 Torrance Street and transform this diamond in the rough into a jewel of San Diego living.
Exterior Features

Construction Frame Exterior Part Fenced Parking Spaces Roof Other/Remarks

Interior Features

Floor Coverings Other/Remarks Laundry Owned Sq Ft Of Improvement 8000 Stories 2 Story

Property Features

Actual Gross Scheduled Income 480000.0 Actual Operating Expense 30000 Assumable Finance 3500000 Buildings 1 Existing Financing Private Financial Information Source Owner Geological Hazard Zone Hazard Unknown Gross Equity 3500000 Gross Multiplier 11.46 Have Devel. opp to build out Mandatory Remarks None Known Market Area Metro Uptown Motive Want Sale Short Sale No Special Building ReportCity Report Sq Ft Source Owner Terms CashCash to New Loan Unit Type ApartmentFree Standing

San Diego MLS logo Listing provided courtesy of Dannel Higgins of Helm Properties, Inc.: 619-733-5823. 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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Mercer Group | Keller Williams La Jolla
4071 Adams Avenue
San Diego CA, 92116