3136-40 Emerson St, San Diego, CA 92106

NO MORE SHOWINGS, NO MORE OFFERS. Rare 3-on-1 property in one of Point Loma’s most desirable walkable pockets—just minutes to Shelter Island, the harbor, restaurants, and neighborhood conveniences. This income-producing compound offers three detached living spaces, off-street parking, and community laundry, with excellent potential for updates, modernization, or reconfiguration to its highest and best use. The front home is a detached 2BR/1BA single-family residence, currently vacant and ready for renovation or owner occupancy. Behind it sits a two-story building featuring a 2-car garage and two rental units: Lower unit: 1BR/1BA apartment Upper unit: 2BR/1BA apartment with balcony and elevated neighborhood views Both rear units are tenant-occupied on month-to-month leases, providing immediate income and flexibility for future plans. A fantastic opportunity in the sought-after Roseville neighborhood, this property is fully operational yet perfectly positioned for value-add improvements or a long-term hold in a premier coastal location.