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2202 30th St 5 Unit Apartment Building $4,000,000 ($800,000/Unit) 4.95% Cap Rate San Diego, CA 92104
Investment Highlights
- Shepard Fairey Mural
- Walkable Location Near Restaurants & Cafes
- 3 residential units and 2 commercial spaces.
- Exposed Brick, Trusses, and Beams
- Verizon Wireless cell tower lease with 4% annual increases
Executive Summary
A South Park Landmark. An Architectural Statement. An Investment Unlike Any Other.
Positioned on a highly visible corner in the heart of South Park, this landmark mixed-use property blends timeless design, diversified income, and cultural identity into a truly irreplaceable offering.
Designed by acclaimed San Diego architect Jim Brown and distinguished by its iconic Shepard Fairey mural, the property brings together art, architecture, retail, and residential living in one truly irreplaceable investment.
Three loft-style residences showcase soaring ceilings, exposed brick, timber beams, polished concrete, and oversized industrial windows, creating sophisticated urban residences rarely found outside major metropolitan markets.
At street level, two highly visible commercial suites enjoy exceptional exposure along South Park's thriving 30th Street corridor, surrounded by award-winning restaurants, cafés, boutiques, and neighborhood favorites.
Further enhancing the investment is a Verizon lease with annual rent increases, providing an additional stable income stream.
Located just minutes from Balboa Park and Downtown San Diego, this is a legacy asset combining architectural significance, stable income, long-term appreciation potential, and one of Southern California's most walkable urban lifestyles.
Rarely does an opportunity combine iconic architecture, diversified income, and enduring investment potential in one of San Diego's most sought-after urban neighborhoods.
Positioned on a highly visible corner in the heart of South Park, this landmark mixed-use property blends timeless design, diversified income, and cultural identity into a truly irreplaceable offering.
Designed by acclaimed San Diego architect Jim Brown and distinguished by its iconic Shepard Fairey mural, the property brings together art, architecture, retail, and residential living in one truly irreplaceable investment.
Three loft-style residences showcase soaring ceilings, exposed brick, timber beams, polished concrete, and oversized industrial windows, creating sophisticated urban residences rarely found outside major metropolitan markets.
At street level, two highly visible commercial suites enjoy exceptional exposure along South Park's thriving 30th Street corridor, surrounded by award-winning restaurants, cafés, boutiques, and neighborhood favorites.
Further enhancing the investment is a Verizon lease with annual rent increases, providing an additional stable income stream.
Located just minutes from Balboa Park and Downtown San Diego, this is a legacy asset combining architectural significance, stable income, long-term appreciation potential, and one of Southern California's most walkable urban lifestyles.
Rarely does an opportunity combine iconic architecture, diversified income, and enduring investment potential in one of San Diego's most sought-after urban neighborhoods.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Amenities
Unit Amenities
- Balcony
- Washer/Dryer Hookup
- Hardwood Floors
- Large Bedrooms
- Floor to Ceiling Windows
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $2,500 | 891 |
| 2+1 | 1 | $3,500 | 1,185 |
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Very walkable
80/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 539-093-07 | Improvements Assessment | $1,563,237 (2026) |
| Land Assessment | $178,835 (2026) | Total Assessment | $1,742,072 (2026) |
Property Taxes
Parcel Number
539-093-07
Land Assessment
$178,835 (2026)
Improvements Assessment
$1,563,237 (2026)
Total Assessment
$1,742,072 (2026)
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Photos
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Street
Map
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