Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.
Listed by Ben Sierpina
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License #02062416
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Marcus & Millichap
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858-775-9825
Listed by Raymond Choi
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License #01297138
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Marcus & Millichap
Last updated March 27, 2026
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Source: CRMLS #260007304SD
Listing Facts
TypeMulti-family
NeighborhoodMission Hills
Days on Prevu34
Amenities
Air Conditioning
Parking
Location
Mortgage Calculator
Listing History
03/27/2026
Listed by Marcus & Millichap
$3,250,000
Property Details for 801 Torrance Street
Association
Amenities
Community Features: Gated
Exterior
Construction
Number Of Units Total: 4
Roof: Composition
Stories: 2
Stories Total: 2
Year Built: 1958
Measurements
Lot Size Acres: 0.45
Lot Size Area: 19,998
Lot Size Source: Assessor
Lot Size Square Feet: 19,998
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.56
Taxes
Parcel Number: 4512801500
Other
Location
Subdivision Name: Mission Hills
Utilities
Equipment
Cooling: Central Air
Has Cooling: Yes
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 801 Torrance Street.
801 Torrance Street is a -bedroom multi-family home for sale in San Diego CA 92103. On Prevu for 34 days at $3,250,000. This home is located in Mission Hills. The median listing price for multi-family homes in this area is $2,647,500. The home offers air conditioning and parking. Explore more multi-family home listings in San Diego.
Based on information from California Regional Multiple Listing Service, Inc. 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 Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.