32.737828 -117.163699
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Listed by Berkshire Hathaway HomeServices California Propert, Gregg Neuman.

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112 E Redwood StreetSan Diego, CA 92103

Active
$2,799,900
0
0 SqFt

A rare 3-unit Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,850/mo each on month-to-month leases; projected market gross $17,000/mo. Three single garages currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay. Banker’s Hill is one of San Diego’s most sought-after uptown neighborhoods, perched on the bluff between Balboa Park and the bay with Hillcrest just to the north and Little Italy steps to the south. The 112 to 120 Redwood Street homes sit on the quieter, west-facing side of this affluent enclave, where tree-lined streets, historic Craftsman and Victorian architecture, and modern luxury builds combine to create a walkable lifestyle that’s hard to replicate anywhere else in the city. Owners here trade the typical suburban routine for morning walks through Balboa Park’s 1,200 acres of museums, gardens, and trails, evenings at neighborhood staples like Cucina Urbana and Mister A’s, and weekend strolls across the historic Spruce Street Suspension Bridge or down the hill to Little Italy’s Saturday farmers market. With sweeping views toward the bay, Coronado, and the Downtown skyline, immediate access to th


FACTS & FEATURES

  • Property Type:
    Residential Income
  • Architectural Style:
  • Bedrooms:
  • Bathrooms:
    0
  • Dwelling Size:
    0 SqFt
  • Lot Size:
    0.12 Acres
  • Lot Description:
  • Stories:
  • Year Built:
    1936
  • Interior Features:
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    Garage or Parking Spaces:
    Features:
  • Area:
    92103 - Mission Hills
  • Views:
    Bay
  • Schools:
  • HOA:
  • Senior Community:
    False
  • Heating:
    Forced Air,Natural Gas
  • Cooling:
    Central Air
  • Appliances:
    Gas Water Heater
  • Fireplace:
    Fireplace(s):
    Features:
  • Accessibility:
  • Security Features:
  • Foundation:
  • Roof:
    Composition

LOCATION


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Listing Office: Berkshire Hathaway HomeServices California Propert. Listing Agent: Gregg Neuman. Listing ID: 260011969SD

Last Updated May 21, 2026 10:49 AM
Data last checked against CRMLS on June 19, 2026 4:00 AM

Based on information from California Regional Multiple Listing Service, Inc. as of June 19, 2026 4:00 AM and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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