1308-14 Locust St, Point Loma (Pt Loma), CA 92106

Property Description

NO MORE SHOWINGS, NO MORE OFFERS. Prime Point Loma 4-Unit Apartment Building – Steps to Shelter Island Exceptional opportunity to own a well-maintained 4-unit apartment building in one of Point Loma’s most desirable locations—just three blocks from Shelter Island. All four units are identical, spacious 1055 sq ft, 2-bed/2-bath floor plans, each with in-unit washer/dryer, generous living spaces, and private outdoor areas. The top-floor units feature vaulted ceilings that fill the interiors with natural light. The property is in excellent condition, with value-add potential through modernization and strategic updates. Rents are currently below market, offering immediate upside for investors. Property Highlights: 4 identical units – 1,550 sq ft each, 2 bed / 2 bath One unit is vacant and available to show; 3 units shown with offer Month-to-month tenants in all occupied units In-unit washer/dryer in every residence Vaulted ceilings & abundant natural light in top-floor units Lush, mature landscaping creates a serene, tree-house atmosphere Secure underground parking garage with ample parking Private storage rooms for each unit Premium Point Loma location near harbor, restaurants, marinas, and coastal amenities This is a rare chance to acquire a high-quality, income-producing asset with strong appreciation potential in one of San Diego’s most coveted coastal neighborhoods. All photos are of the vacant unit. All units are similar in condition and layout.