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3129 Emerson St
Comps
Listing Notes
pleased to present 3129 Emerson Street, San Diego, CA - a fully renovated six-unit multifamily asset located in the highly desirable coastal enclave of Point Loma. This turnkey property features a favorable unit mix of two (2) 2-bedroom/1-bath units and four (4) 1-bedroom/1-bath units, combining classic mid-century construction with modern interior finishes designed to meet the expectations of today's renters. Originally built in 1989, the property has undergone a comprehensive renovation, with each unit showcasing high-end design elements including stainless steel appliances, contemporary tile backsplashes, in-unit laundry, luxury vinyl plank flooring, and sleek glass shower enclosures. The result is a clean, modern living experience that supports premium rental rates with minimal near-term capital requirements. Positioned on a quiet residential street in Point Loma, one of San Diego's most supply-constrained and in-demand rental markets, 3129 Emerson Street offers investors a rare opportunity to acquire a fully stabilized asset with strong in-place income and continued upside through organic rent growth. The property's thoughtful renovations and low-maintenance operations appeal to a wide range of investors - whether seeking immediate cash flow, portfolio diversification, or long-term appreciation in a core coastal submarket.
Market Insights
$950/sqft vs a nearby median of $828/sqft.
- +15% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 3,525 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 12.9% above where comps + adjustments land — there is room to negotiate.
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.
Listing Details
- Days on market
- 0 days
- Last price change
- No change recorded
- Listed
- May 12, 2026
- Photos
- 10 photos
- Property type
- multi family
- Status
- for sale