Property Details
South Coast Commercial is pleased to present 525-531 Nutmeg Street, an 18-unit multifamily
investment opportunity located in San Diego’s highly desirable Bankers Hill neighborhood. Situated on
an 8,593 SF parcel, the property features three two-story buildings built in 1930 with a diverse unit mix
of four studios, twelve 1-bedroom units, and two 2-bedroom units. Currently occupied at below-market
rents, the asset presents a compelling value-add opportunity through future rent growth and strategic
property improvements.
The property’s prime location provides additional long-term upside, with residents benefiting from
proximity to Balboa Park, Downtown San Diego, and the dining and lifestyle destinations of nearby
Hillcrest and Little Italy. Located minutes from major employment centers and regional transportation
corridors, 525-531 Nutmeg Street benefits from strong residential demand and the long-term
fundamentals of one of San Diego’s most established urban submarkets.
Mobile:
(619) 309-9296
hemstreet@scc1031.com
South Coast Commercial is a specialized commercial brokerage and asset management company.
SCC provides unparalleled performance to landlords, tenants, buyers and sellers of commercial properties.
© 2026 South Coast Commercial. All Rights Reserved.
South Coast Commercial, Inc.
3405 Kenyon St #411,
San Diego, CA 92110
(619) 226-6011
info@scc1031.com
DRE# 01846358
