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Berkshire Hathaway HomeServices California Properties

3034-42 Newell St, San Diego, CA 92106

$2,875,000 Approx. USD 3,197 sqft

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Ben Sierpina
Lic#: 02062416
Broker: Courtesy of Marcus & Millichap
Phone: 858-775-9825

Listing Details

Property type: Com-Res Income (Multi-Family)

Property Sub-Type:

Status: ACTIVE

Listing ID: 260018793

Price: $2,875,000

Rental Rate: $2,875,000

Lot Size:

3,197 sqft

0.00 acres

County: San Diego

Last Updated: 8/1/2026

Days On Market (DOM): 2

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Lat/Long: 32.730413, -117.225364.
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Easement Present: (Easement present. For more information, contact agent.)

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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

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DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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