This rare two-unit multi-family property offers an incredible opportunity for investors or owner-occupants. Each unit features 4 bedrooms and 2 bathrooms, providing spacious living for tenants or potential rental income. Perfectly located right next to San Diego State University, this property enjoys strong rental demand and consistent occupancy. Currently tenant-occupied with long-term leases, it offers immediate cash flow for the savvy investor. Both units boast functional layouts, full kitchens, and comfortable living spaces—ideal for students, faculty, or families. Don’t miss this chance to own a solid income-generating property in a high-demand San Diego location. Shown only with an accepted offer.
For sale
Price cut: $100K (3/24)
$1,595,000
5230-32 Rincon St, San Diego, CA 92115
8beds
--sqft
Est.:
Multi Family
Built in 1951
-- sqft lot
$1,710,500 Zestimate®
$--/sqft
$-- HOA
What's special
Functional layoutsFull kitchensSpacious livingComfortable living spaces
- 6 days |
- 290 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: March 24, 2026 at 03:37pm
Listed by:
Mark E Green DRE #01937370 858-761-8579,
TXR Homes, Inc.,
Mackenzie P Black DRE #02004975 858-761-8579,
TXR Homes, Inc.
Source: SDMLS,MLS#: 260006466
Originating MLS: San Diego Association of REALTOR
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Cooling
- Central Forced Air
Interior area
- Total structure area: 0
Video & virtual tour
Property
Features
- Levels: 2 Story
- Fencing: Full
Lot
- Size: 5,227.2 Square Feet
Details
- Parcel number: 4670722300
- Zoning: R-1:Single
- Zoning description: R-1:Single
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood/Stucco
- Roof: Composition
Condition
- Year built: 1951
Community & HOA
Community
- Security: N/K
- Subdivision: SAN DIEGO
Location
- Region: San Diego
Financial & listing details
- Tax assessed value: $1,026,384
- Annual tax amount: $13,402
- Date on market: 3/19/2026
- Listing terms: Cash,Conventional,FHA,VA
- Tenant pays: Other Fees
Estimated market value
$1,710,500
$1.62M - $1.80M
$4,385/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 3/24/2026 | Price change | $1,595,000-5.9% |
Source: | ||
| 3/19/2026 | Listed for sale | $1,695,000 |
Source: | ||
| 3/19/2026 | Listing removed | $1,695,000 |
Source: | ||
| 2/26/2026 | Listed for sale | $1,695,000 |
Source: | ||
| 2/26/2026 | Listing removed | $1,695,000 |
Source: | ||
| 2/13/2026 | Listed for sale | $1,695,000 |
Source: | ||
| 2/12/2026 | Listing removed | $1,695,000 |
Source: | ||
| 1/22/2026 | Listed for sale | $1,695,000 |
Source: | ||
| 1/22/2026 | Listing removed | $1,695,000 |
Source: | ||
| 1/1/2026 | Listed for sale | $1,695,000 |
Source: | ||
| 1/1/2026 | Listing removed | $1,695,000 |
Source: | ||
| 12/4/2025 | Listed for sale | $1,695,000+160.8% |
Source: | ||
| 9/21/2021 | Sold | $650,000+27.5% |
Source: Public Record Report a problem | ||
| 10/30/2018 | Listing removed | $510,000 |
Source: BHHS California Properties #180041940 Report a problem | ||
| 10/5/2018 | Price change | $510,000-1% |
Source: BHHS California Properties #180041940 Report a problem | ||
| 9/28/2018 | Price change | $515,000-2.3% |
Source: BHHS California Properties #180041940 Report a problem | ||
| 8/31/2018 | Price change | $527,000-2.2% |
Source: BHHS California Properties #180041940 Report a problem | ||
| 7/30/2018 | Listed for sale | $539,000+49.7% |
Source: Berkshire Hathaway HomeService #180041940 Report a problem | ||
| 12/18/2013 | Sold | $360,000+3.2% |
Source: Public Record Report a problem | ||
| 10/19/2013 | Listed for sale | $349,000+5.8% |
Source: Keller Williams Realty, San Diego North Inland #130055967 Report a problem | ||
| 5/9/2008 | Sold | $330,000+48.3% |
Source: Public Record Report a problem | ||
| 5/31/2001 | Sold | $222,500+2681.3% |
Source: Public Record Report a problem | ||
| 5/9/1995 | Sold | $8,000 |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $13,402 +8.1% | $1,026,384 +2% |
| 2024 | $12,393 +29.6% | $1,006,260 +29.3% |
| 2023 | $9,565 +20.5% | $778,000 +19.7% |
| 2022 | $7,939 +59.7% | $650,000 +59.4% |
| 2021 | $4,970 +1.2% | $407,696 +1% |
| 2020 | $4,909 +2.5% | $403,517 +2% |
| 2019 | $4,788 +6.3% | $395,606 +2% |
| 2018 | $4,506 +2.5% | $387,850 +2% |
| 2017 | $4,397 +1.7% | $380,246 +2% |
| 2016 | $4,325 +1.5% | $372,791 +1.5% |
| 2015 | $4,260 -0.3% | $367,192 +2% |
| 2014 | $4,275 | $360,000 +20% |
| 2013 | -- | $300,000 |
| 2012 | -- | $300,000 |
| 2011 | -- | $300,000 |
| 2010 | -- | $300,000 |
| 2009 | -- | $300,000 +17.5% |
| 2008 | -- | $255,243 +2% |
| 2007 | -- | $250,239 +2% |
| 2006 | -- | $245,333 +2% |
| 2005 | -- | $240,523 +2% |
| 2004 | -- | $235,808 +1.9% |
| 2003 | -- | $231,487 +2% |
| 2002 | -- | $226,949 +33.3% |
| 2001 | -- | $170,271 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$9,554/mo
Principal & interest
$7999
Property taxes
$1555
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Climate risks
Neighborhood: College East
Nearby schools
GreatSchools rating
- 6/10Clay Elementary SchoolGrades: K-5Distance: 0.7 mi
- 7/10Lewis Middle SchoolGrades: 6-8Distance: 2 mi
- 9/10Patrick Henry High SchoolGrades: 9-12Distance: 1.9 mi
Local experts in 92115
- California
- San Diego County
- San Diego
- 92115
- College East
- 5230-32 Rincon St





