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6 Beds
5 Baths

$1,895,000

1028 Lincoln AVE, San Diego CA, 92103

Price per sqftN/A
Built in1920
Property typeMulti-family

Overview

Active

Listed Nov 1, 2026

Updated 3 days ago

Turnkey Multi-Unit Investment in High-Demand University Heights / Hillcrest Adjacent Community Rarely available and fully reimagined, this turnkey 1920s multi-unit property offers the ultimate hands-off addition to your investment portfolio. Situated in one of San Diegos most desirable and high-demand rental markets, this triplex has been completely rebuilt from the ground up, blending historic charm with modern luxury. Boasting a brand-new foundation, a new roof, and premium modern upgrades throughout, this fully leased property delivers immediate, stabilized cash flow with zero deferred maintenance. Property Highlights The Location: Nestled on the border of University Heights and Hillcrest. Walkable to vibrant dining, cafes, nightlife, and boutique shopping, while offering quick access to major highways and downtown. The Infrastructure: Almost completely rebuilt. Features a brand-new foundation, new roof, individual tankless water heaters for every unit, and modern energy-efficient upgrades. The Income: Fully leased to quality tenants. Your portfolio is ready for this seamless, revenue-generating asset from day one. Investor Advantages Zero CapEx Needed: With a new foundation, roof, plumbing, and mechanical systems, enjoy years of low-maintenance ownership. Premium Tenant Amenities: In-unit laundry and individual tankless water heaters maximize tenant retention and command top-market rents. Stabilized Asset: Skip the lease-up phase. Collect rental income immediately upon close of escrow.

$12,607/mo

Est. mortgage payment based on a $1,895,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260026104SD

Interior Features

Bedrooms
6
Bathrooms
5
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Association Fee Frequency
Monthly
View
Yes

Listed by Amanda Allen with Keller Williams SanDiego Metro
Listing Contact: 760-815-6903 

Based on information from The MLSTM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor The Salazar | Bunnell Group | CA DRE# 02209149 | eXp Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. 

©2026 Combined L.A./Westside MLS. All rights reserved.

Data last updated 11/3/2026

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