
2115 2nd Ave
Dbottom 20%San Diego, CA 92101
One license per person in San Diego: whether you can hold it depends on you, not only the home.
258 licensed short-term rentals within ½ mile (217 whole home), from the cities' license and permit lists of Nov 10, 2026.
Pass at asking: -$43,064/mo full cashflow at 20% down, 7.43% rate.
Works at $893,136 (86% under asking); even all cash loses money at asking.
Rent $8,908/mo from 42 leases of houses within 2 mi, size-adjusted ($7,512–$10,618).
Beds
8
Baths
8
Sqft
6,122
Year Built
1888
Days on Market
97
Property Type
Single Family
HOA/mo
N/A
MLS ID
260019115SD
This property is in San Diego (92101). View neighborhood stats →
About This Property
Steeped in history and overlooking the San Diego skyline, 2133 2nd Avenue is more than a residence — it is an architectural treasure and true collector's item. Built in 1888, this iconic Victorian masterpiece in the heart of Banker's Hill has been meticulously restored to honor its storied past while blending modern luxury. From the stately wrought iron gates to the intricate architectural details, every inch reflects timeless craftsmanship. Inside, more than 30 chandeliers and custom sconces illuminate beautifully curated interiors. A dramatic freestanding spiral staircase and reimagined vintage elevator create an unforgettable experience, while a hidden speakeasy and secluded backyard provide exceptional spaces for entertaining and relaxation. The home offers two elegant guest suites, an additional en suite bedroom, and an entire third-floor primary retreat with multiple view decks capturing panoramic views of the harbor, downtown skyline, Coronado Bridge, and breathtaking Pacific sunsets. Just moments from Balboa Park, Downtown, Little Italy, Petco Park, Coronado, La Jolla, and San Diego International Airport, the location is as exceptional as the home itself. Designated under the Mills Act, the property offers valuable property tax savings. Buyers may also purchase the home furnished and inquire about acquiring the adjacent three-unit building (2115 - 2119 2nd Ave), creating a rare opportunity for passive income, expansion, or a private compound. This is a once-in-a-generation opportunity to own one of San Diego's most extraordinary historic estates.
Mortgage Calculator
Est. Monthly Payment
$44,506
Location
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Zoned Schools
Elementary
Washington Elementary · grades PK-5 · San Diego Unified
Middle
Roosevelt International Middle · grades 6-8 · San Diego Unified
High
San Diego High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Investment Score
42 leases of houses within 2 mi, size-adjusted · $7,512–$10,618
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$43,064/mo short at 20% down; +$55,927/mo rent closes it.
- Break-even price
- $893,136
- Break-even rent
- $64,835/mo
- Cashflow at 35% down
- −$36,293/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
86% under asking
$55,927/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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