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Millman Team Real Estate

$2,875,000

3034 Newell St, San Diego, California 92106

  • Commercial Sale Property Type
Property Description

Proud to present Point Thirty at 3034–3042 Newell Street, a turnkey five-unit multifamily investment opportunity ideally situated in the highly desirable Point Loma neighborhood of San Diego, California. Originally constructed in 1953 and reimagined through a comprehensive 2024 renovation, Point Thirty is positioned on an approximately 0.12-acre lot and offers ±3, 197 rentable square feet of elevated living space. Point Thirty carries the character that has long defined Old Point Loma: historic, graceful architecture, a peninsula setting that has never lost its pull, and a lifestyle shaped by the bay just beyond the block. The top-to-bottom renovation honors that heritage while layering in contemporary selections throughout. A multi-tone color palette brings warmth and dimension to the interiors, high-end finishes carry a consistent standard of quality from unit to unit, and well-planned custom lighting and fixtures, inside and out, add both security and beauty after dark. The unit mix consists of four (1-bedroom / 1-bathroom) units and one (2-bedroom / 1-bathroom) unit, appealing to a wide range of renters including young professionals, military personnel, couples, and long-term residents seeking a refined standard of housing in one of San Diego’s premier coastal communities. Among them is a newly constructed, freestanding bungalow with no shared walls and its own privacy-fenced yard. Every home offers an LG full-size stackable washer and dryer, an LG dishwasher, remote-controlled mini-split air conditioning, and thoughtfully updated interiors designed for the way tenant

Basic Details
Commercial Sale
For Sale
260018793SD
$2,875,000
Active
Mixed Use
Features
$0
Address Map
CA
San Diego
San Diego
92106
Newell St
3034
W118° 46' 28.8''
N32° 43' 49.5''
92106 - Point Loma
Additional Information
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5
2026-08-01
Broker/Agent Information
Marcus & Millichap
Ben Sierpina
Listing Information
SAND-700216
SAND-62951
Active
2026-08-01T03:36:23Z
CRMLS
2026-07-30T17:00:00Z
Agent info
Ray Millman
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