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Closed
- Listed price
- $3,000,000
- Listed Sep 1, 2021
- Sold price
- $3,100,000
- Sold Nov 18, 2021
000|42 MLS days on market
2587 University Ave, San Diego, CA 92104
Property Description
Pleased to present for sale a "to the studs" renovated and stabilized mixed-use asset located on bustling University Avenue in the heart of North Park in San Diego, one of the trendiest neighborhoods in all of America according to Forbes. Originally constructed in the 1920’s, the property has undergone a gut remodel, inside and out, revitalizing a recognizable jewel on a prominent corner lot. No expense was spared; all of the units within the property were fully renovated in 2020 – all units feature vinyl plank flooring, quartz countertops, new Frigidaire appliances, minisplit AC units, new white shaker cabinets, all new custom dual-pane Milgard windows, tiled walk-in showers, stacked washer and dryers and much more. The exterior of the building has been completely revamped with new Santa Barbara smooth stucco, black Milgard Ultra custom fiberglass windows, solid wood custom doors and all new lighting fixtures and signage. Additionally, the property has had the electrical and plumbing systems completely redone. The ground floor of the property is currently fully leased to two long-term, fully operating and current tenants on triple-net leases; Black Radish Restaurant and VeraJean Cosmetics. The property is being sold free and clear of existing debt. ****Property is legally 3 residential units and 2 commercial. Top floor 3/2 units have been split into 2, 2/1 and 2 studio units.
Listing agent: Erik AndersonDRE #01991182eanderson@northmarq.com, Listing office: NorthMarq Multifamily
MLS data updated 11/3/2026, 7:20:08 PM PT
Source: CRMLSMLS #: 210026107
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$3,100,000
Nov 18, 2021
Available records22021
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$3,100,000Closed sale · Nov 18, 2021ZIP 92104 · Nov 2021
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 1 price recordsNov 18, 2021 – Nov 18, 2021
ZIP 92104 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.