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3129 Emerson St , San Diego, CA 92106
$3,350,000
Est. Payment: $16,916.52/mo
8 Bed
6 Bath
3525 Sqft
Status: active | Days on site: 85
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Chris Heller
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House Description

pleased to present 3129 Emerson Street, San Diego, CA — a fully renovated six-unit multifamily asset located in the highly desirable coastal enclave of Point Loma. This turnkey property features a favorable unit mix of two (2) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units, combining classic mid-century construction with modern interior finishes designed to meet the expectations of today’s renters. Originally built in 1989, the property has undergone a comprehensive renovation, with each unit showcasing high-end design elements including stainless steel appliances, contemporary tile backsplashes, in-unit laundry, luxury vinyl plank flooring, and sleek glass shower enclosures. The result is a clean, modern living experience that supports premium rental rates with minimal near-term capital requirements. Positioned on a quiet residential street in Point Loma, one of San Diego’s most supply-constrained and in-demand rental markets, 3129 Emerson Street offers investors a rare opportunity to acquire a fully stabilized asset with strong in-place income and continued upside through organic rent growth. The property’s thoughtful renovations and low-maintenance operations appeal to a wide range of investors — whether seeking immediate cash flow, portfolio diversification, or long-term appreciation in a core coastal submarket.
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Highlights

Listed by Conor M Brennan , 720-841-8139 Conor Brennan, Broker , San Diego County Multiple Listing Service mls logo

Property Type

Multi-Family

County

San Diego

Area

Coastal South

Listing ID

260011451

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:8
  • ▪ Bathrooms:6
  • ▪ Full Bathrooms:6

Exterior Features
Principal Interest
$16,917
Taxes
$2,136

Home Price

$3,350,000

Loan Details

30 yrs
6.487%

Down Payment

20%
$670,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$16,916.52

Principal

Taxes

Principal Taxes HOA Total
Monthly $16,916.52 $2,135.63 $0.00 $19,052.14
Yearly $202,998.20 $25,627.50 $0.00 $228,625.70
Total $6,089,946.11 $768,825.00 $0.00 $6,858,771.11

Today's Rates

30 Year

6.49%

20 Year

6.28%

15 Year

5.8%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

The data relating to real estate for sale on this web site comes in part from the San Diego MLS, Inc.. Real estate listings held by brokerage firms other than Heller Real Estate Group | eXp Realty of Southern California | PLACE are marked with the IDX logo. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

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Data last updated: 2026-08-10T20:38:14.000Z

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