1028-30 Lincoln Ave
San Diego, CA 92103
$1,895,000
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 Diego’s 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.
| Listing Id: | 260026104 |
|---|---|
| List Price: | $1,895,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Res Income 2-4 Units |
| Status: | Active |
| Bedrooms Total: | 6 |
| Bathrooms Full: | 5 |
| Lot Size Square Feet: | 7,016.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Subdivision Name: | University Heights |
| Postal Code: | 92103 |
| Year Built: | 1920 |
| Number Of Units Total: | 3 |
| Basement: | false |
| Bathrooms Total Integer: | 5 |
| Building Area Total: | 2,656.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Stucco |
| Cooling: | Other/Remarks, Zoned Area(s) |
| Fencing: | Partial |
| Heating: | Other/Remarks, Zoned Areas |
| Levels: | 3 Story |
| Living Area Units: | Sqft |
| Lot Size Units: | Acres |
| MLS Area Major: | Metro Uptown |
| Parcel Number: | 4443732700 |
| Photos Change Timestamp: | 2026-11-02T03:20:50Z |
| Roof: | Composition |
| Spa Features: | N/K |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories Total: | 3 |
| Utilities: | Sewer Connected |
| View: | Valley/Canyon |
| Water Source: | Meter on Property |
| Sdmls Neighborhood: | University Heights/Hillcrest |
| Building Name: | single building |
| Sdmls Area Zip: | MISSION HILLS (92103) |
| Sdmls Lvt Date: | 2026-11-01 |
| Original List Price: | $1,895,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Community Features: | N/K |
| Heat Source: | Electric |
| Irrigation Source: | Automatic |
| Possession: | Call Listing Agent |
| Security Features: | N/K |
| Site: | Cul-De-Sac, Public Street, Sidewalks, Street Paved |
| Telecommunications: | N/K |
| Tenant Pays: | Cable TV, Electricity, Gas/Propane, Hot Water, Sewer, Water |
| Listing Terms: | Cal Vet, Cash, Conventional, Exchange, FHA, VA |
| Sdmls Short Sale: | No |
| Sdmls Unit Numfor Unit1: | 1028 |
| Sdmls Unit Numfor Unit2: | 1030A |
| Sdmls Unit Numfor Unit3: | 1030B |
| Sdmls Internet Address: | 1028-30 Lincoln Ave |
| Operating Expense: | $21,000 |
| Jurisdiction: | Incorporated |
| Gross Scheduled Income: | $10,000 |
| Number Of Buildings: | 1 |
| Sdmls Max Search Price: | 1,895,000 |
| Sdmls Num Unitsw Cooling: | 3 |
| Sdmls Geo Update Timestamp: | 2026-11-02T03:20:49Z |
| Sdmls Full Address: | 1028-30 Lincoln Ave |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260026104 |
| Sdmls Unit1 Full Baths: | 2.0 |
| Sdmls Unit2 Full Baths: | 2.0 |
| Sdmls Unit3 Full Baths: | 1.0 |
| Sdmls Unit1 Beds: | 3.0 |
| Sdmls Unit2 Beds: | 2.0 |
| Sdmls Unit3 Beds: | 1.0 |
| Sdmls Lot Size: | 4, 000-7, 499 SF |
| On Market Date: | 2026-11-01 |
Listing Courtesy of: Keller Williams SanDiego Metro
Listing Agent: Amanda Allen
760-815-6903
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.
© 2026 San Diego MLS.
San Diego MLS data last updated on November 01, 2026 10:32 PM - PT.
Property Last Updated: November 01, 2026 10:32 PM - PT
