Property Details
About this Property
CBRE is pleased to present 2919 Ivy Street, a rare opportunity to acquire a 4-unit multifamily property located in the heart of the highly coveted South Park (NSD) neighborhood. Positioned on a quiet residential street overlooking Balboa Park, this boutique asset—known as The Heron on Ivy—off ers a compelling combination of modern fi nishes, immediate cash fl ow and long-term value stability in one of San Diego’s most supply-constrained rental markets. The property is comprised of four fully furnished studio apartments, each approximately 450 square feet and generating an eff ective gross income of $17,587 per month, or $211,054 the trailing 12 months. Each unit has been thoughtfully designed and recently remodeled to refl ect a sophisticated urban aesthetic, featuring open layouts, abundant natural light, and high-quality fi nishes. The units are separately metered and include utilities and high-speed internet, providing a turnkey operation with minimal management burden. Notably, the location delivers outstanding walkability: the address achieves a Walk Score® of 88 out of 100 (Very Walkable) - meaning tenants can accomplish most errands on foot. The property is steps from the neighborhood’s favored dining, coff ee and wine-bar destinations including Café Madeleine, The Rose an
MLS Listing Information
MLS #
SD250044737
MLS Source
San Diego MLS
Days on Site
9
Interior Features
Cooling
Window/Wall Unit
Heating
Electric, Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
HOA Fee
$0
Complex Amenities
Barbecue Area, Community Security Gate
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | 4 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 450 | 0 | 1/0 | $2,800 |
| 2 | 450 | 0 | 1/0 | $5,275 |
| 3 | 450 | 0 | 1/0 | $5,275 |
| 4 | 450 | 0 | 1/0 | $5,275 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
2919 Ivy Street is a Residential Income in San Diego, CA 92104. This – square foot property sits on a 2,116 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,595,000 and was built in 1912. This address can also be written as 2919 Ivy Street, San Diego, CA 92104.
©2025 San Diego MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from San Diego MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of November 27, 2025. For the most current information, please contact Conor Brennan, (720) 841-8139
