The Flip Potential of
115 Walnut Ave San Diego, CA is medium.

This 8-bed, 8-bath, 4,000 sqft multi-family property in San Diego’s Hillcrest neighborhood sits in a highly desirable and walkable market. Looking at the local comp data for similar multi-family buildings (8-9 beds, ~4,200 sqft), recent valuations are in the $1.8M–$1.9M range, while median sold prices for the area have reached $3.1M+. Your current estimate sits at roughly $1.68M, which is notably below the highest comps, but close to the valuation averages. The property appears well-positioned in terms of size and configuration for the neighborhood.

If you’re an investor eyeing a flip, focus on cosmetic and value-add improvements that could push the resale value closer to that $3M median. For current owners, minimal upgrades and strategic marketing could attract buyers seeking solid rental income in Hillcrest. If major renovations are already done, the immediate flip margin may be modest, but rental upside remains strong.