$2,500,000
( )
 $13,421 est/mo Sourced by Back At You

106 Thorn St,San Diego, CA 92103

San Diego, CA 92103

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Description

BANKERS HILL OFFICE / RESIDENTIAL CONVERSION OPPORTUNITY - Rare chance to own a character-rich 1911 corner-lot building in the heart of Bankers Hill, designed with architectural pedigree and situated just steps from Balboa Park. Currently operating as a 2,385sqft 2nd gen medical office space, on a 3,383sqft corner lot, zoned RM-3-9, offering exceptional flexibility for the next owner. Recent improvements include electrical panel and fixture upgrades, central HVAC + mini-split, new plumbing, foundation, remodeled bathrooms and kitchenette, rebuilt staircase, new tile flooring, and restoration of original architectural details ie. wood floors, mouldings and window casings, pocket doors, hardware. Multiple use paths available: continue as office/retail/creative space, reconfigure to a live/work property, convert to a 4-unit multifamily with 2 additional ADUs, or convert to a single-family residence. Property is also eligible for San Diego's Complete Communities Tier 2 development at 8.0 FAR, supporting up to 27,000+ SF of potential buildable area for a full redevelopment play. Prime location in one of San Diego's most walkable, historic and dynamic neighborhoods that is undergoing transformative redevelopment, elevating the the area for those who call it home, work there, or come to experience it. Minutes to dining, shopping, entertainment, Balboa Park, museums, San Diego Zoo, Petco Park, Hillcrest, San Diego Bay, San Diego International Airport and much more.

Details

MLS #260020684SD
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Days On Site84
Listing Provided BySerhant California, Inc. | Caroline Tumidajski

Features

Units1
Building(s)1
ZoningRM 3-9
Acreage0.08

Interior

CoolingWall Window Units
HeatingForced Air
Heating Yes / NoYes
Cooling Yes / NoYes

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92103
Area92103 Mission Hills
Listing VS Median (in 92103)
Price:
$2,500,000
low | high
Med:
$855,000
100% of Average
On site:
84
low | high
Med:
44
100% of Average
Sourced by Back At You

Market Activity 92103

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Learn More About This Property

StateCA
CountySan Diego
CitySan Diego
Zip Code92103
Area92103 Mission Hills
Listing VS Median (in 92103)
Price:
$2,500,000
low | high
Med:
$855,000
100% of Average
On site:
84
low | high
Med:
44
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $1.875M - $3.125M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
3161 1St 3N Property Photo 1
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3161 1st 3n
San Diego, CA 92103
3560 64 Front Street Property Photo 1
$2,300,000
3560 64 Front Street
San Diego, CA 92103
Listing Updated: November 9, 2026 at 2:58:40 PM PST