Multifamily
1913-27 Georgia Court
1913 Georgia Ct, San Diego, CA 92104
Listing Price: $3,250,000
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for 1913–27 Georgia Court, a 9-unit multifamily investment opportunity located on the highly desirable border of the North Park and Hillcrest neighborhoods in San Diego, California. Originally constructed between 1930 and 1950, the character-rich property features a durable concrete foundation, classic stucco exterior, wood-framed roofing, and a distinctive courtyard-style layout. Offered for the first time in over 20 years, this unique property combines low-density, cottage-style living with strong near-term rental upside and long-term redevelopment potential.
The 5,100-square-foot property consists of five 2-bedroom / 1-bathroom cottages and four spacious 1-bedroom / 1-bathroom units . The attractive unit mix, select units with private yards and large designated storage space for each cottage unit. Abundant off-street parking includes (9) dedicated spaces (one per unit), and each unit is separately metered for SDG&E. Recent exterior capital improvements include a new concrete driveway, dual-pane windows in four units, and all-new exterior siding on Cottage Unit 1919. Through a modern renovation, an investor could capture significant upside and bring rents to current market levels.
1913-27 Georgia Court
Investment Highlights
- Prime North Park Location Less than (2) Blocks to Balboa Park
- Large 11,698 SF Lot in Complete Communities Tier 3 (6.5 FAR)
- Value-Add Opportunity with Significant Upside Potential
- Detached Cottage Style Units with No Shared Walls
- Abundant Off-Street Parking - 9 Spaces (1 Per Unit)
Exclusively Listed By
Listing Price: $3,250,000
Investment Highlights
- Prime North Park Location Less than (2) Blocks to Balboa Park
- Large 11,698 SF Lot in Complete Communities Tier 3 (6.5 FAR)
- Value-Add Opportunity with Significant Upside Potential
- Detached Cottage Style Units with No Shared Walls
- Abundant Off-Street Parking - 9 Spaces (1 Per Unit)
Investment Overview
Marcus & Millichap is pleased to present the exclusive listing for 1913–27 Georgia Court, a 9-unit multifamily investment opportunity located on the highly desirable border of the North Park and Hillcrest neighborhoods in San Diego, California. Originally constructed between 1930 and 1950, the character-rich property features a durable concrete foundation, classic stucco exterior, wood-framed roofing, and a distinctive courtyard-style layout. Offered for the first time in over 20 years, this unique property combines low-density, cottage-style living with strong near-term rental upside and long-term redevelopment potential. The 5,100-square-foot property consists of five 2-bedroom / 1-bathroom cottages and four spacious 1-bedroom / 1-bathroom units . The attractive unit mix, select units with private yards and large designated storage space for each cottage unit. Abundant off-street parking includes (9) dedicated spaces (one per unit), and each unit is separately metered for SDG&E. Recent exterior capital improvements include a new concrete driveway, dual-pane windows in four units, and all-new exterior siding on Cottage Unit 1919. Through a modern renovation, an investor could capture significant upside and bring rents to current market levels.
Exclusively Listed By
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