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Discover this move-in-ready home in The Terraces at Sunny Creek, a desirable gated community in Carlsbad, featuring a spacious 3-bedroom, 2.5-bathroom main residence plus a private 1-bedroom, 1-bathroom ADU, offering approximately 2,563 square feet of combined living space. The main residence welcomes you with an open dining room and family room highlighted by high ceilings, creating a bright and inviting atmosphere. The kitchen opens to a second living area, providing additional space for everyday living, relaxing, and entertaining. Upstairs, the primary suite features vaulted ceilings and beautiful hillside views, creating a peaceful retreat. Outside, enjoy an expansive backyard offering generous space for outdoor entertaining, gatherings, relaxation, and enjoying Carlsbad's year-round coastal climate. A spacious 3-car garage provides ample room for parking, storage, and added convenience. One of the home's most valuable features is the fully equipped ADU, complete with its own private entrance, full kitchen, living room, spacious bedroom, walk-in closet, and full bathroom. Whether you're looking to accommodate extended family, create a private guest retreat, establish a home office, or generate rental income, this additional living space offers exceptional flexibility. Similar ADUs within the community have rented for approximately $3,000 per month, presenting an opportunity to offset mortgage expenses while enjoying the comfort and privacy of the main home. The Terraces at Sunny Creek offers a welcoming neighborhood atmosphere with amenities including a playground, dog Discover this move-in-ready home in The Terraces at Sunny Creek, a desirable gated community in Carlsbad, featuring a spacious 3-bedroom, 2.5-bathroom main residence plus a private 1-bedroom, 1-bathroom ADU, offering approximately 2,563 square feet of combined living space. The main residence welcomes you with an open dining room and family room highlighted by high ceilings, creating a bright and inviting atmosphere. The kitchen opens to a second living area, providing additional space for everyday living, relaxing, and entertaining. Upstairs, the primary suite features vaulted ceilings and beautiful hillside views, creating a peaceful retreat. Outside, enjoy an expansive backyard offering generous space for outdoor entertaining, gatherings, relaxation, and enjoying Carlsbad's year-round coastal climate. A spacious 3-car garage provides ample room for parking, storage, and added convenience. One of the home's most valuable features is the fully equipped ADU, complete with its own private entrance, full kitchen, living room, spacious bedroom, walk-in closet, and full bathroom. Whether you're looking to accommodate extended family, create a private guest retreat, establish a home office, or generate rental income, this additional living space offers exceptional flexibility. Similar ADUs within the community have rented for approximately $3,000 per month, presenting an opportunity to offset mortgage expenses while enjoying the comfort and privacy of the main home. The Terraces at Sunny Creek offers a welcoming neighborhood atmosphere with amenities including a playground, dog park, RV and boat storage, and community traditions such as Fourth of July parades and summer picnics. Situated within the Carlsbad Unified School District, the location provides convenient access to beautiful beaches, Carlsbad Village, shopping, dining, golf courses, Legoland, and major freeways. Schedule your private showing today!

4 Beds ⋅ 4 Baths ⋅ NDP2609646 MLS ⋅ ACTIVE Status

Discover this move-in-ready home in The Terraces at Sunny Creek, a desirable gated community in Carlsbad, featuring a spacious 3-bedroom, 2.5-bathroom main residence plus a private 1-bedroom, 1-bathroom ADU, offering approximately 2,563 square feet of combined living space. The main residence welcomes you with an open dining room and family room highlighted by high ceilings, creating a bright and inviting atmosphere. The kitchen opens to a second living area, providing additional space for everyday living, relaxing, and entertaining. Upstairs, the primary suite features vaulted ceilings and beautiful hillside views, creating a peaceful retreat. Outside, enjoy an expansive backyard offering generous space for outdoor entertaining, gatherings, relaxation, and enjoying Carlsbad's year-round coastal climate. A spacious 3-car garage provides ample room for parking, storage, and added convenience. One of the home's most valuable features is the fully equipped ADU, complete with its own private entrance, full kitchen, living room, spacious bedroom, walk-in closet, and full bathroom. Whether you're looking to accommodate extended family, create a private guest retreat, establish a home office, or generate rental income, this additional living space offers exceptional flexibility. Similar ADUs within the community have rented for approximately $3,000 per month, presenting an opportunity to offset mortgage expenses while enjoying the comfort and privacy of the main home. The Terraces at Sunny Creek offers a welcoming neighborhood atmosphere with amenities including a playground, dog Discover this move-in-ready home in The Terraces at Sunny Creek, a desirable gated community in Carlsbad, featuring a spacious 3-bedroom, 2.5-bathroom main residence plus a private 1-bedroom, 1-bathroom ADU, offering approximately 2,563 square feet of combined living space. The main residence welcomes you with an open dining room and family room highlighted by high ceilings, creating a bright and inviting atmosphere. The kitchen opens to a second living area, providing additional space for everyday living, relaxing, and entertaining. Upstairs, the primary suite features vaulted ceilings and beautiful hillside views, creating a peaceful retreat. Outside, enjoy an expansive backyard offering generous space for outdoor entertaining, gatherings, relaxation, and enjoying Carlsbad's year-round coastal climate. A spacious 3-car garage provides ample room for parking, storage, and added convenience. One of the home's most valuable features is the fully equipped ADU, complete with its own private entrance, full kitchen, living room, spacious bedroom, walk-in closet, and full bathroom. Whether you're looking to accommodate extended family, create a private guest retreat, establish a home office, or generate rental income, this additional living space offers exceptional flexibility. Similar ADUs within the community have rented for approximately $3,000 per month, presenting an opportunity to offset mortgage expenses while enjoying the comfort and privacy of the main home. The Terraces at Sunny Creek offers a welcoming neighborhood atmosphere with amenities including a playground, dog park, RV and boat storage, and community traditions such as Fourth of July parades and summer picnics. Situated within the Carlsbad Unified School District, the location provides convenient access to beautiful beaches, Carlsbad Village, shopping, dining, golf courses, Legoland, and major freeways. Schedule your private showing today!

5572 Foxtail Loop, Carlsbad

$995,000

Opportunity Awaits at 16711673 Donax Ave! Discover the potential of this versatile property, offering opportunities for renovation, value enhancement, and future expansion. Situated on a spacious lot, the property features two existing homes, separate utility meters., mature fruit trees, and two separate two-car garages. The front house features 3 bedrooms, 2 bathrooms, a bonus room, and a dedicated laundry room. This home needs remodeling, making it an excellent opportunity for buyers looking to renovate and add value. The back house, built in 1990, offers 3 bedrooms, 2 bathrooms, a two-car garage, and laundry facility located in the 2 car garage. Buyers may explore the possibility of adding additional units, subject to city approval. Ideally situated near Imperial Beach, local parks, and schools, this property presents an exciting opportunity for investors, developers, or buyers looking to unlock its long-term potential. Opportunity Awaits at 16711673 Donax Ave! Discover the potential of this versatile property, offering opportunities for renovation, value enhancement, and future expansion. Situated on a spacious lot, the property features two existing homes, separate utility meters., mature fruit trees, and two separate two-car garages. The front house features 3 bedrooms, 2 bathrooms, a bonus room, and a dedicated laundry room. This home needs remodeling, making it an excellent opportunity for buyers looking to renovate and add value. The back house, built in 1990, offers 3 bedrooms, 2 bathrooms, a two-car garage, and laundry facility located in the 2 car garage. Buyers may explore the possibility of adding additional units, subject to city approval. Ideally situated near Imperial Beach, local parks, and schools, this property presents an exciting opportunity for investors, developers, or buyers looking to unlock its long-term potential.

PTP2607843 MLS ⋅ ACTIVE Status

Opportunity Awaits at 16711673 Donax Ave! Discover the potential of this versatile property, offering opportunities for renovation, value enhancement, and future expansion. Situated on a spacious lot, the property features two existing homes, separate utility meters., mature fruit trees, and two separate two-car garages. The front house features 3 bedrooms, 2 bathrooms, a bonus room, and a dedicated laundry room. This home needs remodeling, making it an excellent opportunity for buyers looking to renovate and add value. The back house, built in 1990, offers 3 bedrooms, 2 bathrooms, a two-car garage, and laundry facility located in the 2 car garage. Buyers may explore the possibility of adding additional units, subject to city approval. Ideally situated near Imperial Beach, local parks, and schools, this property presents an exciting opportunity for investors, developers, or buyers looking to unlock its long-term potential. Opportunity Awaits at 16711673 Donax Ave! Discover the potential of this versatile property, offering opportunities for renovation, value enhancement, and future expansion. Situated on a spacious lot, the property features two existing homes, separate utility meters., mature fruit trees, and two separate two-car garages. The front house features 3 bedrooms, 2 bathrooms, a bonus room, and a dedicated laundry room. This home needs remodeling, making it an excellent opportunity for buyers looking to renovate and add value. The back house, built in 1990, offers 3 bedrooms, 2 bathrooms, a two-car garage, and laundry facility located in the 2 car garage. Buyers may explore the possibility of adding additional units, subject to city approval. Ideally situated near Imperial Beach, local parks, and schools, this property presents an exciting opportunity for investors, developers, or buyers looking to unlock its long-term potential.

1671-73 Donax Ave, Otay Mesa

$2,475,000

Two detached residences with separate street addresses—6319 Electric Avenue and 6320 Dowling Drive—are offered together on one parcel in La Jolla Gables. Near Windansea Beach and La Jolla’s shops and restaurants, the property offers an opportunity to own a coastal rental property and explore future possibilities, subject to buyer investigation and applicable approvals. Dowling Drive interior photos were taken approximately 2½ years ago and may not reflect its current condition. Income and expense figures are approximate. Buyer and buyer’s agent to independently verify property condition, square footage, permits, zoning, permitted uses, and any development potential. Located in the La Jolla Gables subdivision, this offering includes 6319 Electric Avenue and 6320 Dowling Drive on a single parcel. The two residences have separate street addresses and are being offered together. The coastal location places the property near Windansea Beach and the shops and restaurants of La Jolla. The property may appeal to buyers considering an existing rental holding or exploring longer-term plans for the site. No additional unit count or redevelopment outcome is represented. Buyers should independently investigate the property, title, zoning, permits, applicable regulations, and feasibility of their intended use.

2 Beds ⋅ 2 Baths ⋅ 260023593 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Two detached residences with separate street addresses—6319 Electric Avenue and 6320 Dowling Drive—are offered together on one parcel in La Jolla Gables. Near Windansea Beach and La Jolla’s shops and restaurants, the property offers an opportunity to own a coastal rental property and explore future possibilities, subject to buyer investigation and applicable approvals. Dowling Drive interior photos were taken approximately 2½ years ago and may not reflect its current condition. Income and expense figures are approximate. Buyer and buyer’s agent to independently verify property condition, square footage, permits, zoning, permitted uses, and any development potential. Located in the La Jolla Gables subdivision, this offering includes 6319 Electric Avenue and 6320 Dowling Drive on a single parcel. The two residences have separate street addresses and are being offered together. The coastal location places the property near Windansea Beach and the shops and restaurants of La Jolla. The property may appeal to buyers considering an existing rental holding or exploring longer-term plans for the site. No additional unit count or redevelopment outcome is represented. Buyers should independently investigate the property, title, zoning, permits, applicable regulations, and feasibility of their intended use.

6319 Electric, La Jolla

$1,495,000

Discover this remarkably maintained two-story duplex, originally built in 1933 and carefully preserved both inside and out. The updated units are currently occupied by excellent, long-term tenants, offering immediate rental income and a smooth transition for the next owner. The exterior is clean, well-kept, and presents beautifully, while the oversized lot provides ample space to garden, relax, or explore future possibilities—including the potential to add one or more ADUs in the rear. Whether you’re looking for a solid turnkey investment or a property with room to grow, this classic duplex delivers character, reliability, and opportunity. Don’t miss the chance to see everything it has to offer.

5 Beds ⋅ 2 Baths ⋅ 260025156 MLS ⋅ ACTIVE Status ⋅ San Diego BLDG.

Discover this remarkably maintained two-story duplex, originally built in 1933 and carefully preserved both inside and out. The updated units are currently occupied by excellent, long-term tenants, offering immediate rental income and a smooth transition for the next owner. The exterior is clean, well-kept, and presents beautifully, while the oversized lot provides ample space to garden, relax, or explore future possibilities—including the potential to add one or more ADUs in the rear. Whether you’re looking for a solid turnkey investment or a property with room to grow, this classic duplex delivers character, reliability, and opportunity. Don’t miss the chance to see everything it has to offer.

3319-21 Columbia St, Mission Hills

3252-54 Clairemont Mesa Blvd, Clairemont/Bay Park

$1,049,000

Do you hear that knocking? There it is again ... it's called Opportunity .... and it is waiting for you right now! A Clairemont property offering you a chance to create your own dream. Two units, tenant occupied, each having their own garage parking with alley access, private back yards enjoying the gentle evening breezes from the coast. Easy freeway access, close to shopping, and all San Diego has to offer. Find out why Clairemont is called "A Village within a City".

3 Beds ⋅ 2 Baths ⋅ 260025131 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Do you hear that knocking? There it is again ... it's called Opportunity .... and it is waiting for you right now! A Clairemont property offering you a chance to create your own dream. Two units, tenant occupied, each having their own garage parking with alley access, private back yards enjoying the gentle evening breezes from the coast. Easy freeway access, close to shopping, and all San Diego has to offer. Find out why Clairemont is called "A Village within a City".

3252-54 Clairemont Mesa Blvd, Clairemont/Bay Park

$2,299,000

Sweeping views of San Diego Bay, Ocean, & the Downtown skyline take center stage with a distinctive Streamline Moderne-inspired duplex perched in the highly sought-after South Mission Hills neighborhood. Blending timeless architectural character with an exceptional hillside setting, this 2-story property offers a rare opportunity to enjoy some of San Diego's most captivating scenery while remaining just minutes from the city's best dining, entertainment, & cultural destinations. Prominently situated on a corner lot at State St and West Thorn St, the property features two separately addressed residences, each with its own private entrance and unique personality. 3365 State St, the spacious lower residence, offers 3 bedrooms, 2 bathrooms, & a separate dining room. Rich in vintage charm, the home showcases original hardwood floors, a dramatic sunken living room with a working fireplace, classic built-ins, and beautifully preserved period bathroom tile. 1341 W Thorn St, the stunning upper residence, features 2 bedrooms, 1.75 bathrooms, and spectacular west-facing views. An expansive outdoor terrace and additional private balcony provide front-row seats to breathtaking sunsets, sparkling bay waters, ocean vistas, and the ever-changing Downtown San Diego skyline. Whether enjoying morning coffee or entertaining beneath the evening sky, the views create an unforgettable backdrop. Additional highlights include a generous basement bonus area with exterior windows, ideal for a creative studio, workshop, home office, or fitness space. See supplement for more details.... The fully fenced and gated backyard offers inviting outdoor gathering areas with two fire pits, while two detached garages accommodate up to three vehicles. The location is equally impressive. Nestled in South Mission Hills, this impressive home places you moments from the celebrated restaurants & cafés of Mission Hills, the vibrant dining scene of Little Italy, & the shopping and nightlife of Hillcrest. Downtown San Diego, the Embarcadero waterfront, Balboa Park, Old Town, and San Diego International Airport are all conveniently nearby, making this an exceptional home base for experiencing the very best of San Diego. With both residences currently tenant-occupied and generating rental income, this property presents a compelling opportunity for investors seeking a distinctive income property with potential for future rental growth.

5 Beds ⋅ 4 Baths ⋅ 260025118 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Sweeping views of San Diego Bay, Ocean, & the Downtown skyline take center stage with a distinctive Streamline Moderne-inspired duplex perched in the highly sought-after South Mission Hills neighborhood. Blending timeless architectural character with an exceptional hillside setting, this 2-story property offers a rare opportunity to enjoy some of San Diego's most captivating scenery while remaining just minutes from the city's best dining, entertainment, & cultural destinations. Prominently situated on a corner lot at State St and West Thorn St, the property features two separately addressed residences, each with its own private entrance and unique personality. 3365 State St, the spacious lower residence, offers 3 bedrooms, 2 bathrooms, & a separate dining room. Rich in vintage charm, the home showcases original hardwood floors, a dramatic sunken living room with a working fireplace, classic built-ins, and beautifully preserved period bathroom tile. 1341 W Thorn St, the stunning upper residence, features 2 bedrooms, 1.75 bathrooms, and spectacular west-facing views. An expansive outdoor terrace and additional private balcony provide front-row seats to breathtaking sunsets, sparkling bay waters, ocean vistas, and the ever-changing Downtown San Diego skyline. Whether enjoying morning coffee or entertaining beneath the evening sky, the views create an unforgettable backdrop. Additional highlights include a generous basement bonus area with exterior windows, ideal for a creative studio, workshop, home office, or fitness space. See supplement for more details.... The fully fenced and gated backyard offers inviting outdoor gathering areas with two fire pits, while two detached garages accommodate up to three vehicles. The location is equally impressive. Nestled in South Mission Hills, this impressive home places you moments from the celebrated restaurants & cafés of Mission Hills, the vibrant dining scene of Little Italy, & the shopping and nightlife of Hillcrest. Downtown San Diego, the Embarcadero waterfront, Balboa Park, Old Town, and San Diego International Airport are all conveniently nearby, making this an exceptional home base for experiencing the very best of San Diego. With both residences currently tenant-occupied and generating rental income, this property presents a compelling opportunity for investors seeking a distinctive income property with potential for future rental growth.

3365 State St, Mission Hills

$1,595,000

Pleased to present 269 Elder Avenue, a five-unit multifamily property located along the Imperial Beach coastline, just two blocks from the beach and Imperial Beach Pier. Built in 1972, the property features a mix of one- and two-bedroom units with spacious layouts, large walk-in closets, and one dedicated parking space per unit. Recent improvements include updated kitchen appliances, kitchen and bathroom finishes, vinyl flooring, and new shared laundry facilities. Offering a strong in-place cap rate, 269 Elder Avenue provides investors with immediate cash flow and additional upside through future improvements and rental growth. Its coastal location offers residents convenient access to the beach, restaurants, shops, and recreation.

7 Beds ⋅ 5 Baths ⋅ 260025115 MLS ⋅ ACTIVE Status

Pleased to present 269 Elder Avenue, a five-unit multifamily property located along the Imperial Beach coastline, just two blocks from the beach and Imperial Beach Pier. Built in 1972, the property features a mix of one- and two-bedroom units with spacious layouts, large walk-in closets, and one dedicated parking space per unit. Recent improvements include updated kitchen appliances, kitchen and bathroom finishes, vinyl flooring, and new shared laundry facilities. Offering a strong in-place cap rate, 269 Elder Avenue provides investors with immediate cash flow and additional upside through future improvements and rental growth. Its coastal location offers residents convenient access to the beach, restaurants, shops, and recreation.

269 Elder Ave, Imperial Beach

$2,600,000

Mixed Use, Commercial & Residential Investment Opportunity in the Heart of Historic Normal Heights, (35th & Adams Ave). Property Overview: - Commercial Retail Space: Approximately 2,000 SF with a bathroom - Lot Size: 53' x 123' with alley access - Parking: 5 or more parking spaces Residential Units (5 Total Apartments): - Unit A: 1 Bed / 1 Bath – $1,650/month - Unit B: Studio – $1,300/month - Unit C: 1 Bed / 1 Bath – Currently owner-occupied - Unit D: 2 Bed / 1 Bath – $2,450/month - Unit E: 1 Bed / 1 Bath – $1,150/month

5 Beds ⋅ 6 Baths ⋅ 260025110 MLS ⋅ ACTIVE Status

Mixed Use, Commercial & Residential Investment Opportunity in the Heart of Historic Normal Heights, (35th & Adams Ave). Property Overview: - Commercial Retail Space: Approximately 2,000 SF with a bathroom - Lot Size: 53' x 123' with alley access - Parking: 5 or more parking spaces Residential Units (5 Total Apartments): - Unit A: 1 Bed / 1 Bath – $1,650/month - Unit B: Studio – $1,300/month - Unit C: 1 Bed / 1 Bath – Currently owner-occupied - Unit D: 2 Bed / 1 Bath – $2,450/month - Unit E: 1 Bed / 1 Bath – $1,150/month

3580 Adams Ave, Normal Heights

$849,999

**SELLER MOTIVATED** PRICED TO SELL! APPROVED 2 ADDITIONAL ADU PLANS! Seller offering credits that may be used toward an interest RATE BUY DOWN, potentially resulting in rates AS LOW AS 4.99% for qualified buyers, or toward closing costs. May qualify for first-time homebuyer assistance programs and grants for eligible buyers. Contact agent for details. Fully remodeled, turnkey duplex featuring two 2-bedroom, 1-bath units with updated kitchens, remodeled bathrooms, new flooring, fresh paint, and modern fixtures throughout. Property includes approved plans for two additional ADUs (approximately 1,200 sq. ft. and 800 sq. ft.), creating an incredible opportunity for added rental income and long-term value. Ideal for investors seeking strong income potential or owner-occupants looking to live in one unit while offsetting their mortgage with rental income. The approved ADU plans provide a rare opportunity to expand your portfolio and maximize future cash flow without the uncertainty of obtaining approvals. Conveniently located near shopping, dining, schools, public transportation, and major freeways. Move-in ready with significant upside potential, making this a unique opportunity for both immediate income and long-term growth. **SELLER MOTIVATED** PRICED TO SELL! APPROVED 2 ADDITIONAL ADU PLANS! Seller offering credits that may be used toward an interest RATE BUY DOWN, potentially resulting in rates AS LOW AS 4.99% for qualified buyers, or toward closing costs. May qualify for first-time homebuyer assistance programs and grants for eligible buyers. Contact agent for details. Fully remodeled, turnkey duplex featuring two 2-bedroom, 1-bath units with updated kitchens, remodeled bathrooms, new flooring, fresh paint, and modern fixtures throughout. Property includes approved plans for two additional ADUs (approximately 1,200 sq. ft. and 800 sq. ft.), creating an incredible opportunity for added rental income and long-term value. Ideal for investors seeking strong income potential or owner-occupants looking to live in one unit while offsetting their mortgage with rental income. The approved ADU plans provide a rare opportunity to expand your portfolio and maximize future cash flow without the uncertainty of obtaining approvals. Conveniently located near shopping, dining, schools, public transportation, and major freeways. Move-in ready with significant upside potential, making this a unique opportunity for both immediate income and long-term growth.

4 Beds ⋅ 2 Baths ⋅ PTP2607808 MLS ⋅ ACTIVE Status

**SELLER MOTIVATED** PRICED TO SELL! APPROVED 2 ADDITIONAL ADU PLANS! Seller offering credits that may be used toward an interest RATE BUY DOWN, potentially resulting in rates AS LOW AS 4.99% for qualified buyers, or toward closing costs. May qualify for first-time homebuyer assistance programs and grants for eligible buyers. Contact agent for details. Fully remodeled, turnkey duplex featuring two 2-bedroom, 1-bath units with updated kitchens, remodeled bathrooms, new flooring, fresh paint, and modern fixtures throughout. Property includes approved plans for two additional ADUs (approximately 1,200 sq. ft. and 800 sq. ft.), creating an incredible opportunity for added rental income and long-term value. Ideal for investors seeking strong income potential or owner-occupants looking to live in one unit while offsetting their mortgage with rental income. The approved ADU plans provide a rare opportunity to expand your portfolio and maximize future cash flow without the uncertainty of obtaining approvals. Conveniently located near shopping, dining, schools, public transportation, and major freeways. Move-in ready with significant upside potential, making this a unique opportunity for both immediate income and long-term growth. **SELLER MOTIVATED** PRICED TO SELL! APPROVED 2 ADDITIONAL ADU PLANS! Seller offering credits that may be used toward an interest RATE BUY DOWN, potentially resulting in rates AS LOW AS 4.99% for qualified buyers, or toward closing costs. May qualify for first-time homebuyer assistance programs and grants for eligible buyers. Contact agent for details. Fully remodeled, turnkey duplex featuring two 2-bedroom, 1-bath units with updated kitchens, remodeled bathrooms, new flooring, fresh paint, and modern fixtures throughout. Property includes approved plans for two additional ADUs (approximately 1,200 sq. ft. and 800 sq. ft.), creating an incredible opportunity for added rental income and long-term value. Ideal for investors seeking strong income potential or owner-occupants looking to live in one unit while offsetting their mortgage with rental income. The approved ADU plans provide a rare opportunity to expand your portfolio and maximize future cash flow without the uncertainty of obtaining approvals. Conveniently located near shopping, dining, schools, public transportation, and major freeways. Move-in ready with significant upside potential, making this a unique opportunity for both immediate income and long-term growth.

6327-1/2 Brooklyn Ave, Encanto

$1,295,000

Well located in between Ocean Beach and Point Loma, 4334 Voltaire Street is a three (3) unit multifamily property, within two blocks from neighborhood dining options such as Leucadia Pizzeria, Pop Pie Co., and Michelin awarded Cesarina, as well as Bill Cleator Park and Collier Park, with easy freeway access and close proximity to the beach. The main house is a bright and airy two-bedroom/one-bathroom residence with an expansive elevated balcony and exclusive access to a large enclosed grassy yard, as well as a two-car garage. This ‘owner’s unit’ (to be delivered vacant) features luxury vinyl plank flooring and an updated kitchen with stone countertops and a full appliance package. This main home boasts a spacious, private, fully fenced front patio with gated entry, and has washer/dryer hookups in the garage. Below the main house is a one-bedroom/one-bathroom apartment at the basement level, with its own side-door access. Additionally, there is a detached studio apartment with its own private fenced patio, near the rear of the lot. With lots of backyard space available, an opportunity exists to build an ADU at the rear portion of the lot. This is a great option for an owner/operator to live in the front house and gain rental income from the other two existing units, while considering adding an ADU for additional future income, at a great coastal location, close to all that Ocean Beach and Point Loma have to offer.

4 Beds ⋅ 3 Baths ⋅ 260025075 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Well located in between Ocean Beach and Point Loma, 4334 Voltaire Street is a three (3) unit multifamily property, within two blocks from neighborhood dining options such as Leucadia Pizzeria, Pop Pie Co., and Michelin awarded Cesarina, as well as Bill Cleator Park and Collier Park, with easy freeway access and close proximity to the beach. The main house is a bright and airy two-bedroom/one-bathroom residence with an expansive elevated balcony and exclusive access to a large enclosed grassy yard, as well as a two-car garage. This ‘owner’s unit’ (to be delivered vacant) features luxury vinyl plank flooring and an updated kitchen with stone countertops and a full appliance package. This main home boasts a spacious, private, fully fenced front patio with gated entry, and has washer/dryer hookups in the garage. Below the main house is a one-bedroom/one-bathroom apartment at the basement level, with its own side-door access. Additionally, there is a detached studio apartment with its own private fenced patio, near the rear of the lot. With lots of backyard space available, an opportunity exists to build an ADU at the rear portion of the lot. This is a great option for an owner/operator to live in the front house and gain rental income from the other two existing units, while considering adding an ADU for additional future income, at a great coastal location, close to all that Ocean Beach and Point Loma have to offer.

4334 Voltaire St, Ocean Beach (OB)

$1,300,000

PRIME COMMERCIAL PROPERTY & MIXED-USE DEVELOPMENT OPPORTUNITY – EL CAJON! Excellent investment opportunity located at 1256 N. 1st Street, El Cajon, CA 92021. Approximately 11,204 Sq. Ft. (0.257 acres) with reported C-36 commercial zoning, offering potential for various commercial uses. Conveniently located near Greenfield Drive and North 1st Street, just minutes from Interstate 8, shopping centers, businesses, and residential neighborhoods. The owner has proposed plans for mixed-use development featuring retail spaces and residential apartments, subject to city approval. Ideal for investors, developers, or business owners seeking a prime East County location with long-term investment potential. Buyer to verify zoning, permitted uses, development feasibility, property information, and all required city approvals.

260025058 MLS ⋅ ACTIVE Status

PRIME COMMERCIAL PROPERTY & MIXED-USE DEVELOPMENT OPPORTUNITY – EL CAJON! Excellent investment opportunity located at 1256 N. 1st Street, El Cajon, CA 92021. Approximately 11,204 Sq. Ft. (0.257 acres) with reported C-36 commercial zoning, offering potential for various commercial uses. Conveniently located near Greenfield Drive and North 1st Street, just minutes from Interstate 8, shopping centers, businesses, and residential neighborhoods. The owner has proposed plans for mixed-use development featuring retail spaces and residential apartments, subject to city approval. Ideal for investors, developers, or business owners seeking a prime East County location with long-term investment potential. Buyer to verify zoning, permitted uses, development feasibility, property information, and all required city approvals.

1256 N 1st, El Cajon

$2,500,000

Easy to show and ready to sell. Four units are currently vacant and have been freshly renovated, offering immediate lease-up potential. An ideal opportunity for investors seeking a property suitable for a 1031 tax-deferred exchange. These newly renovated units in Hillcrest are not to be missed. Located at 421721 3rd Avenue, this five-unit multifamily property is situated in San Diegos rapidly evolving Hillcrest neighborhood and spans more than 3,900 square feet. Each unit features recent upgrades and in-unit laundry facilities, providing added convenience for residents. The property consists of two buildings: a two-story fourplex and a detached, single-level two-bedroom, one-bath home. This competitively priced investment presents a rare opportunity for an owner-occupant or investor to capitalize on long-term growth in a high-demand rental market. Its proximity to grocery stores, restaurants, hospitals, major roadways, and the beach further enhances its appeal. Enjoy the best of Hillcrest living while generating rental income, with excellent potential for repositioning and long-term appreciation. Easy to show and ready to sell. Four units are currently vacant and have been freshly renovated, offering immediate lease-up potential. An ideal opportunity for investors seeking a property suitable for a 1031 tax-deferred exchange. These newly renovated units in Hillcrest are not to be missed. Located at 421721 3rd Avenue, this five-unit multifamily property is situated in San Diegos rapidly evolving Hillcrest neighborhood and spans more than 3,900 square feet. Each unit features recent upgrades and in-unit laundry facilities, providing added convenience for residents. The property consists of two buildings: a two-story fourplex and a detached, single-level two-bedroom, one-bath home. This competitively priced investment presents a rare opportunity for an owner-occupant or investor to capitalize on long-term growth in a high-demand rental market. Its proximity to grocery stores, restaurants, hospitals, major roadways, and the beach further enhances its appeal. Enjoy the best of Hillcrest living while generating rental income, with excellent potential for repositioning and long-term appreciation.

5 Beds ⋅ 4 Baths ⋅ PTP2607788 MLS ⋅ ACTIVE Status

Easy to show and ready to sell. Four units are currently vacant and have been freshly renovated, offering immediate lease-up potential. An ideal opportunity for investors seeking a property suitable for a 1031 tax-deferred exchange. These newly renovated units in Hillcrest are not to be missed. Located at 421721 3rd Avenue, this five-unit multifamily property is situated in San Diegos rapidly evolving Hillcrest neighborhood and spans more than 3,900 square feet. Each unit features recent upgrades and in-unit laundry facilities, providing added convenience for residents. The property consists of two buildings: a two-story fourplex and a detached, single-level two-bedroom, one-bath home. This competitively priced investment presents a rare opportunity for an owner-occupant or investor to capitalize on long-term growth in a high-demand rental market. Its proximity to grocery stores, restaurants, hospitals, major roadways, and the beach further enhances its appeal. Enjoy the best of Hillcrest living while generating rental income, with excellent potential for repositioning and long-term appreciation. Easy to show and ready to sell. Four units are currently vacant and have been freshly renovated, offering immediate lease-up potential. An ideal opportunity for investors seeking a property suitable for a 1031 tax-deferred exchange. These newly renovated units in Hillcrest are not to be missed. Located at 421721 3rd Avenue, this five-unit multifamily property is situated in San Diegos rapidly evolving Hillcrest neighborhood and spans more than 3,900 square feet. Each unit features recent upgrades and in-unit laundry facilities, providing added convenience for residents. The property consists of two buildings: a two-story fourplex and a detached, single-level two-bedroom, one-bath home. This competitively priced investment presents a rare opportunity for an owner-occupant or investor to capitalize on long-term growth in a high-demand rental market. Its proximity to grocery stores, restaurants, hospitals, major roadways, and the beach further enhances its appeal. Enjoy the best of Hillcrest living while generating rental income, with excellent potential for repositioning and long-term appreciation.

4217-21 3rd Ave, Mission Hills

$1,100,000

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today! INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!

PTP2607784 MLS ⋅ ACTIVE Status

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today! INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!

5206 La Paz Dr, Encanto

4835-37 63rd St, Talmadge/San Diego Central

$1,750,000

4835-37 63rd St is a fully renovated, turnkey duplex in the College Area, minutes from SDSU. The property offers (2) 4Bed/2Bath units totaling approximately 3,058 SF on a 6,428 SF lot, set in 2 separate structures, including a 2-story rear ADU completed in 2024. Full renovations to both units limit near-term capital needs. The SDSU location drives steady demand from students, faculty and staff, and the four-bedroom layouts suit roommate leasing. A driveway provides ample parking, and tenants pay gas, electric and water. Current rents total $12,260 per month, and the property is offered at a 5.78% current cap rate.

8 Beds ⋅ 4 Baths ⋅ 260025004 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

4835-37 63rd St is a fully renovated, turnkey duplex in the College Area, minutes from SDSU. The property offers (2) 4Bed/2Bath units totaling approximately 3,058 SF on a 6,428 SF lot, set in 2 separate structures, including a 2-story rear ADU completed in 2024. Full renovations to both units limit near-term capital needs. The SDSU location drives steady demand from students, faculty and staff, and the four-bedroom layouts suit roommate leasing. A driveway provides ample parking, and tenants pay gas, electric and water. Current rents total $12,260 per month, and the property is offered at a 5.78% current cap rate.

4835-37 63rd St, Talmadge/San Diego Central

5103-05 Gary St, Talmadge/San Diego Central

$1,600,000

5103-05 Gary St is a fully renovated duplex in the College Area, minutes from San Diego State University. The property offers (2) 4Bed/2Bath units totaling approximately 2,555 SF on a 7,900 SF lot, with 5103 featuring a two-story layout and private balcony. Built in 1955 and renovated top to bottom, the property limits near-term capital needs. A large backyard with a wood deck and turf adds usable outdoor space, and an oversized driveway provides ample parking. SDSU proximity drives consistent demand, and the four-bedroom floor plans suit roommate leasing. Current rents total $10,960 per month, a 5.63% current cap rate, with market rents estimated at $12,000 per month

8 Beds ⋅ 4 Baths ⋅ 260025006 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

5103-05 Gary St is a fully renovated duplex in the College Area, minutes from San Diego State University. The property offers (2) 4Bed/2Bath units totaling approximately 2,555 SF on a 7,900 SF lot, with 5103 featuring a two-story layout and private balcony. Built in 1955 and renovated top to bottom, the property limits near-term capital needs. A large backyard with a wood deck and turf adds usable outdoor space, and an oversized driveway provides ample parking. SDSU proximity drives consistent demand, and the four-bedroom floor plans suit roommate leasing. Current rents total $10,960 per month, a 5.63% current cap rate, with market rents estimated at $12,000 per month

5103-05 Gary St, Talmadge/San Diego Central

$850,000

340 Pleasant Way is a multifamily development opportunity located in central San Marcos. The property consists of a two-bedroom, one-bathroom single-family residence of approximately 725 square feet, built in 1940, situated on a 12,182 square foot lot. The property is zoned R-3-10, San Marcos' medium-density multifamily designation, which provides for development at 12.1 to 20 dwelling units per acre. The City has indicated a base potential of up to five residential units, with additional upside available through state density bonus provisions. True potential to maximize property and profit could be up to 6 townhomes and 2 ADUs. Zoning being flexible with alternative usage in San Marcos; potentially assisted living facility as an example. Buyer to get approved with City of San Marcos. This site represents a rare infill opportunity in a submarket defined by strong rental demand and limited supply of developable land. Neighboring parcels are already improved with multifamily product, and the location offers direct access to the State Route 78 corridor, Palomar College and California State University San Marcos. With favorable zoning in place, an existing residence capable of generating income throughout the entitlement period, and few comparable sites available in the submarket, 340 Pleasant Way should be valued as a development site rather than as a single-family home. 340 Pleasant Way is a multifamily development opportunity located in central San Marcos. The property consists of a two-bedroom, one-bathroom single-family residence of approximately 725 square feet, built in 1940, situated on a 12,182 square foot lot. The property is zoned R-3-10, San Marcos' medium-density multifamily designation, which provides for development at 12.1 to 20 dwelling units per acre. The City has indicated a base potential of up to five residential units, with additional upside available through state density bonus provisions. True potential to maximize property and profit could be up to 6 townhomes and 2 ADUs. Zoning being flexible with alternative usage in San Marcos; potentially assisted living facility as an example. Buyer to get approved with City of San Marcos. This site represents a rare infill opportunity in a submarket defined by strong rental demand and limited supply of developable land. Neighboring parcels are already improved with multifamily product, and the location offers direct access to the State Route 78 corridor, Palomar College and California State University San Marcos. With favorable zoning in place, an existing residence capable of generating income throughout the entitlement period, and few comparable sites available in the submarket, 340 Pleasant Way should be valued as a development site rather than as a single-family home.

2 Beds ⋅ 1 Baths ⋅ NDP2609564 MLS ⋅ ACTIVE Status

340 Pleasant Way is a multifamily development opportunity located in central San Marcos. The property consists of a two-bedroom, one-bathroom single-family residence of approximately 725 square feet, built in 1940, situated on a 12,182 square foot lot. The property is zoned R-3-10, San Marcos' medium-density multifamily designation, which provides for development at 12.1 to 20 dwelling units per acre. The City has indicated a base potential of up to five residential units, with additional upside available through state density bonus provisions. True potential to maximize property and profit could be up to 6 townhomes and 2 ADUs. Zoning being flexible with alternative usage in San Marcos; potentially assisted living facility as an example. Buyer to get approved with City of San Marcos. This site represents a rare infill opportunity in a submarket defined by strong rental demand and limited supply of developable land. Neighboring parcels are already improved with multifamily product, and the location offers direct access to the State Route 78 corridor, Palomar College and California State University San Marcos. With favorable zoning in place, an existing residence capable of generating income throughout the entitlement period, and few comparable sites available in the submarket, 340 Pleasant Way should be valued as a development site rather than as a single-family home. 340 Pleasant Way is a multifamily development opportunity located in central San Marcos. The property consists of a two-bedroom, one-bathroom single-family residence of approximately 725 square feet, built in 1940, situated on a 12,182 square foot lot. The property is zoned R-3-10, San Marcos' medium-density multifamily designation, which provides for development at 12.1 to 20 dwelling units per acre. The City has indicated a base potential of up to five residential units, with additional upside available through state density bonus provisions. True potential to maximize property and profit could be up to 6 townhomes and 2 ADUs. Zoning being flexible with alternative usage in San Marcos; potentially assisted living facility as an example. Buyer to get approved with City of San Marcos. This site represents a rare infill opportunity in a submarket defined by strong rental demand and limited supply of developable land. Neighboring parcels are already improved with multifamily product, and the location offers direct access to the State Route 78 corridor, Palomar College and California State University San Marcos. With favorable zoning in place, an existing residence capable of generating income throughout the entitlement period, and few comparable sites available in the submarket, 340 Pleasant Way should be valued as a development site rather than as a single-family home.

340 Pleasant Way, San Marcos

$1,699,000

Morena Lofts is a nine-unit ground-up residential development planned for a 12,500 SF infill lot at 1221 Dorcas Street in San Diego. The plans include approximately 10,682 SF of living space across nine two- and three-bedroom homes, along with 11 on-site parking spaces and about 859 SF of private decks. The unit mix consists of six 950 SF 2BR/2BA ADUs arranged in three stacked pairs, two 1,750 SF three-story 3BR/2.5BA townhome-style residences, and one 1,482 SF two-story 3BR/2BA residence. Every home includes in-unit laundry. The permit set was submitted to the City of San Diego on 9/16/2024 and is pending approval. Unit count, design and fees remain subject to City review. Buyers and their agents should independently verify all information.

21 Beds ⋅ 20 Baths ⋅ 260024974 MLS ⋅ ACTIVE Status

Morena Lofts is a nine-unit ground-up residential development planned for a 12,500 SF infill lot at 1221 Dorcas Street in San Diego. The plans include approximately 10,682 SF of living space across nine two- and three-bedroom homes, along with 11 on-site parking spaces and about 859 SF of private decks. The unit mix consists of six 950 SF 2BR/2BA ADUs arranged in three stacked pairs, two 1,750 SF three-story 3BR/2.5BA townhome-style residences, and one 1,482 SF two-story 3BR/2BA residence. Every home includes in-unit laundry. The permit set was submitted to the City of San Diego on 9/16/2024 and is pending approval. Unit count, design and fees remain subject to City review. Buyers and their agents should independently verify all information.

1221 Dorcas St, Old Town

1566 Reed Ave, Pacific Beach/Mission Beach

$1,995,000

1566 Reed Avenue, a turnkey 3-unit multifamily property in the desirable Crown Point neighborhood of Pacific Beach, just blocks from Mission Bay, beaches, shopping, and dining. The property features three cottage-style 1-bedroom / 1-bathroom units, including one newly constructed unit and two recently renovated units. Each residence offers a private fenced yard, in-unit laundry, air conditioning, quartz countertops, stainless steel appliances, and updated bathrooms. An excellent opportunity to acquire a renovated coastal investment property in one of San Diego’s most sought-after rental markets.

3 Beds ⋅ 3 Baths ⋅ 260024957 MLS ⋅ ACTIVE Status ⋅ Pb BLDG.

1566 Reed Avenue, a turnkey 3-unit multifamily property in the desirable Crown Point neighborhood of Pacific Beach, just blocks from Mission Bay, beaches, shopping, and dining. The property features three cottage-style 1-bedroom / 1-bathroom units, including one newly constructed unit and two recently renovated units. Each residence offers a private fenced yard, in-unit laundry, air conditioning, quartz countertops, stainless steel appliances, and updated bathrooms. An excellent opportunity to acquire a renovated coastal investment property in one of San Diego’s most sought-after rental markets.

1566 Reed Ave, Pacific Beach/Mission Beach

$1,395,000

Exceptional investment opportunity featuring two newly completed residences on one lot, each with its own address, parking, and strong income potential. With construction just completed, both homes are move-in ready and offer the rare opportunity to acquire a turnkey property with immediate occupancy and minimal maintenance concerns. The front residence, 2743 Wilma Street, offers 3 bedrooms, 2 bathrooms, and approximately 1,430 square feet of modern living space. The rear residence, 2745 Wilma Street, is a newly constructed 4-bedroom, 2-bathroom ADU spanning approximately 1,200 square feet. Each home includes two dedicated tandem parking spaces, providing a total of four off-street parking spaces. Thoughtfully designed for owner-occupants, multigenerational households, or investors, both homes feature contemporary finishes, efficient floor plans, and the benefits of brand-new construction. Whether living in one residence and renting the other or maximizing income by leasing both, the property offers exceptional flexibility and long-term value. Situated in a convenient National City location, residents enjoy easy access to Interstate 5, Interstate 805, and State Route 54, connecting them to Downtown San Diego, Naval Base San Diego, Chula Vista, and beyond. The property is located near shopping centers, restaurants, schools, parks, healthcare facilities, and public transportation. National City's continued growth and redevelopment, combined with its central location and strong rental demand, make this an attractive opportunity for both investors and owner-users.

7 Beds ⋅ 4 Baths ⋅ 260024934 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Exceptional investment opportunity featuring two newly completed residences on one lot, each with its own address, parking, and strong income potential. With construction just completed, both homes are move-in ready and offer the rare opportunity to acquire a turnkey property with immediate occupancy and minimal maintenance concerns. The front residence, 2743 Wilma Street, offers 3 bedrooms, 2 bathrooms, and approximately 1,430 square feet of modern living space. The rear residence, 2745 Wilma Street, is a newly constructed 4-bedroom, 2-bathroom ADU spanning approximately 1,200 square feet. Each home includes two dedicated tandem parking spaces, providing a total of four off-street parking spaces. Thoughtfully designed for owner-occupants, multigenerational households, or investors, both homes feature contemporary finishes, efficient floor plans, and the benefits of brand-new construction. Whether living in one residence and renting the other or maximizing income by leasing both, the property offers exceptional flexibility and long-term value. Situated in a convenient National City location, residents enjoy easy access to Interstate 5, Interstate 805, and State Route 54, connecting them to Downtown San Diego, Naval Base San Diego, Chula Vista, and beyond. The property is located near shopping centers, restaurants, schools, parks, healthcare facilities, and public transportation. National City's continued growth and redevelopment, combined with its central location and strong rental demand, make this an attractive opportunity for both investors and owner-users.

2743-45 Wilma St, National City

$1,150,000

Matthews is pleased to exclusively present a well-maintained 4-Unit property in Valencia Park. 5388 Imperial Ave is a four-unit multifamily property built in 1973 on a ±4,428 SF lot in the Valencia Park neighborhood of Southeast San Diego. The building spans ±3,290 gross square feet across a uniform unit mix of four 2-bedroom/1-bathroom units averaging ±800 SF each, giving the asset a consistent, easy-to-manage floor plan and a tenant base with similar space needs. The property also shares a coin operated common laundry room generating significant added income. Zoned RM-3-7 for multifamily residential use, the property sits on a fenced, gated lot with a private courtyard, 5 dedicated off-street parking for residents, and a stone-and-stucco exterior consistent with the surrounding streetscape. Its location places it within walking distance of Imperial Avenue retail and transit corridor, offering tenants convenient access to bus service and nearby daily amenities while remaining close to Downtown San Diego, National City, and the broader Southeast San Diego employment base. The combination of small, efficient units, low per-unit operating costs, and a below-market in-place rent roll positions the property as a straightforward value-add opportunity for a buyer looking to bring rents to the area's prevailing market levels over time.

8 Beds ⋅ 4 Baths ⋅ 260024929 MLS ⋅ ACTIVE Status ⋅ Na BLDG.

Matthews is pleased to exclusively present a well-maintained 4-Unit property in Valencia Park. 5388 Imperial Ave is a four-unit multifamily property built in 1973 on a ±4,428 SF lot in the Valencia Park neighborhood of Southeast San Diego. The building spans ±3,290 gross square feet across a uniform unit mix of four 2-bedroom/1-bathroom units averaging ±800 SF each, giving the asset a consistent, easy-to-manage floor plan and a tenant base with similar space needs. The property also shares a coin operated common laundry room generating significant added income. Zoned RM-3-7 for multifamily residential use, the property sits on a fenced, gated lot with a private courtyard, 5 dedicated off-street parking for residents, and a stone-and-stucco exterior consistent with the surrounding streetscape. Its location places it within walking distance of Imperial Avenue retail and transit corridor, offering tenants convenient access to bus service and nearby daily amenities while remaining close to Downtown San Diego, National City, and the broader Southeast San Diego employment base. The combination of small, efficient units, low per-unit operating costs, and a below-market in-place rent roll positions the property as a straightforward value-add opportunity for a buyer looking to bring rents to the area's prevailing market levels over time.

5388 Imperial Ave, Encanto

$2,350,000

Pleased to present 901 S Tremont St for sale in a highly desirable coastal location in Oceanside, California. The subject property is ideally positioned west of S Coast Highway and within close proximity to the beach, offering residents a premier walkable coastal lifestyle near Downtown Oceanside, the Oceanside Pier, and the area’s expanding retail and dining amenities. 901 S Tremont consists of a well-maintained five-unit multifamily property featuring an attractive unit mix of (1) two-bedroom/one-bath, (3) one-bedroom/one-bath, and (1) studio unit, providing broad renter appeal and stable income. The property has been well maintained and managed by the same ownership since 2003, demonstrating consistent operational oversight and pride of ownership. The asset also includes fully paid solar panels installed on the roof, which can help reduce overall utility expenses and improve operating efficiency. The offering also presents a unique seller financing opportunity, providing buyers with enhanced acquisition flexibility, reduced interest rate exposure, and the potential to improve overall investment returns. Please Reach listing agent HUNTER POPE 858-321-5352 for further details.

5 Beds ⋅ 5 Baths ⋅ 260024911 MLS ⋅ ACTIVE Status

Pleased to present 901 S Tremont St for sale in a highly desirable coastal location in Oceanside, California. The subject property is ideally positioned west of S Coast Highway and within close proximity to the beach, offering residents a premier walkable coastal lifestyle near Downtown Oceanside, the Oceanside Pier, and the area’s expanding retail and dining amenities. 901 S Tremont consists of a well-maintained five-unit multifamily property featuring an attractive unit mix of (1) two-bedroom/one-bath, (3) one-bedroom/one-bath, and (1) studio unit, providing broad renter appeal and stable income. The property has been well maintained and managed by the same ownership since 2003, demonstrating consistent operational oversight and pride of ownership. The asset also includes fully paid solar panels installed on the roof, which can help reduce overall utility expenses and improve operating efficiency. The offering also presents a unique seller financing opportunity, providing buyers with enhanced acquisition flexibility, reduced interest rate exposure, and the potential to improve overall investment returns. Please Reach listing agent HUNTER POPE 858-321-5352 for further details.

901 S Tremont St, Oceanside

$799,000

$799,000–$838,000. Renovated Downtown Vista Duplex! Both Units Feature Private Outdoor Spaces & Separate Laundry. Unit 220 Includes A Detached Bonus Room & 1-Car Garage. New Kitchens, Bathrooms, Flooring, Windows & Fresh Paint. R-3 Zoning Offers Potential ADU Opportunities. Walk To Dining, Markets & Train Station With Easy Freeway Access. DO NOT DISTURB TENANTS!

2 Beds ⋅ 2 Baths ⋅ 260024859 MLS ⋅ ACTIVE Status

$799,000–$838,000. Renovated Downtown Vista Duplex! Both Units Feature Private Outdoor Spaces & Separate Laundry. Unit 220 Includes A Detached Bonus Room & 1-Car Garage. New Kitchens, Bathrooms, Flooring, Windows & Fresh Paint. R-3 Zoning Offers Potential ADU Opportunities. Walk To Dining, Markets & Train Station With Easy Freeway Access. DO NOT DISTURB TENANTS!

218-220 E Connecticut Ave, Vista

$3,950,000

Exceptional Coastal Carlsbad Investment Opportunity | 4594 Cove Drive Rare opportunity to acquire an exceptional three-residence property in one of Carlsbad's most desirable coastal communities. Offering an impressive 4,744 square feet of combined living space, this distinctive triplex combines the comfort and spaciousness of individual residences with the financial advantages of a premier multifamily investment. Thoughtfully configured with three generously sized residences, the property features two spacious 2-bedroom, 2-bathroom units measuring approximately 1,373 and 1,171 square feet, along with an expansive 3-bedroom, 3.5-bathroom residence offering approximately 2,200 square feet. The larger floor plans provide a level of space and flexibility rarely found in traditional multifamily properties. Currently generating $11,089 in monthly rental income, or $133,068 annually, this property offers an established income stream with the opportunity for long-term appreciation in Carlsbad's highly sought-after real estate market. Ideally situated in a desirable North County San Diego location, residents enjoy convenient access to Carlsbad's beautiful beaches, coastal lifestyle, exceptional dining, shopping, recreational amenities, and major transportation routes. Whether you're a seasoned investor seeking a distinctive addition to your portfolio or a buyer exploring the benefits of a multifamily property with potential owner-occupancy flexibility, 4594 Cove Drive presents a compelling combination of location, generous living spaces, and investment appeal. An exceptional opportu Exceptional Coastal Carlsbad Investment Opportunity | 4594 Cove Drive Rare opportunity to acquire an exceptional three-residence property in one of Carlsbad's most desirable coastal communities. Offering an impressive 4,744 square feet of combined living space, this distinctive triplex combines the comfort and spaciousness of individual residences with the financial advantages of a premier multifamily investment. Thoughtfully configured with three generously sized residences, the property features two spacious 2-bedroom, 2-bathroom units measuring approximately 1,373 and 1,171 square feet, along with an expansive 3-bedroom, 3.5-bathroom residence offering approximately 2,200 square feet. The larger floor plans provide a level of space and flexibility rarely found in traditional multifamily properties. Currently generating $11,089 in monthly rental income, or $133,068 annually, this property offers an established income stream with the opportunity for long-term appreciation in Carlsbad's highly sought-after real estate market. Ideally situated in a desirable North County San Diego location, residents enjoy convenient access to Carlsbad's beautiful beaches, coastal lifestyle, exceptional dining, shopping, recreational amenities, and major transportation routes. Whether you're a seasoned investor seeking a distinctive addition to your portfolio or a buyer exploring the benefits of a multifamily property with potential owner-occupancy flexibility, 4594 Cove Drive presents a compelling combination of location, generous living spaces, and investment appeal. An exceptional opportunity to own three substantial residences in one of Southern California's most desirable coastal communities. Properties offering this combination of size, established income, and location are a valuable addition to any real estate portfolio.

7 Beds ⋅ 7 Baths ⋅ NDP2609529 MLS ⋅ ACTIVE Status

Exceptional Coastal Carlsbad Investment Opportunity | 4594 Cove Drive Rare opportunity to acquire an exceptional three-residence property in one of Carlsbad's most desirable coastal communities. Offering an impressive 4,744 square feet of combined living space, this distinctive triplex combines the comfort and spaciousness of individual residences with the financial advantages of a premier multifamily investment. Thoughtfully configured with three generously sized residences, the property features two spacious 2-bedroom, 2-bathroom units measuring approximately 1,373 and 1,171 square feet, along with an expansive 3-bedroom, 3.5-bathroom residence offering approximately 2,200 square feet. The larger floor plans provide a level of space and flexibility rarely found in traditional multifamily properties. Currently generating $11,089 in monthly rental income, or $133,068 annually, this property offers an established income stream with the opportunity for long-term appreciation in Carlsbad's highly sought-after real estate market. Ideally situated in a desirable North County San Diego location, residents enjoy convenient access to Carlsbad's beautiful beaches, coastal lifestyle, exceptional dining, shopping, recreational amenities, and major transportation routes. Whether you're a seasoned investor seeking a distinctive addition to your portfolio or a buyer exploring the benefits of a multifamily property with potential owner-occupancy flexibility, 4594 Cove Drive presents a compelling combination of location, generous living spaces, and investment appeal. An exceptional opportu Exceptional Coastal Carlsbad Investment Opportunity | 4594 Cove Drive Rare opportunity to acquire an exceptional three-residence property in one of Carlsbad's most desirable coastal communities. Offering an impressive 4,744 square feet of combined living space, this distinctive triplex combines the comfort and spaciousness of individual residences with the financial advantages of a premier multifamily investment. Thoughtfully configured with three generously sized residences, the property features two spacious 2-bedroom, 2-bathroom units measuring approximately 1,373 and 1,171 square feet, along with an expansive 3-bedroom, 3.5-bathroom residence offering approximately 2,200 square feet. The larger floor plans provide a level of space and flexibility rarely found in traditional multifamily properties. Currently generating $11,089 in monthly rental income, or $133,068 annually, this property offers an established income stream with the opportunity for long-term appreciation in Carlsbad's highly sought-after real estate market. Ideally situated in a desirable North County San Diego location, residents enjoy convenient access to Carlsbad's beautiful beaches, coastal lifestyle, exceptional dining, shopping, recreational amenities, and major transportation routes. Whether you're a seasoned investor seeking a distinctive addition to your portfolio or a buyer exploring the benefits of a multifamily property with potential owner-occupancy flexibility, 4594 Cove Drive presents a compelling combination of location, generous living spaces, and investment appeal. An exceptional opportunity to own three substantial residences in one of Southern California's most desirable coastal communities. Properties offering this combination of size, established income, and location are a valuable addition to any real estate portfolio.

4594 Cove Dr, Carlsbad

$3,195,000

633 E Park Avenue presents a fantastic opportunity to acquire a fully occupied, 16-unit apartment community in El Cajon at a 6.52% in-place cap rate, SIGNIFICANLY better then any other market opportunity currently available and well above the 4.7% San Diego County multifamily average. Built in 1972 and situated on a 16,122 square foot corner parcel, the approximately 7,440 square foot, two-story buildings feature sixteen 1BR/1BA units, a gated on-site parking lot with 20 spaces, and wrought-iron perimeter fencing. The RUBS billback and laundry produce approximately $6,375 per year in additional income. Upside remains increasing rent to market at $1,700 per month. With an actual gross scheduled income of $322,629 and a net operating income of over $208,000, investors can achieve a 6.52% cap rate at asking, rising to 6.82% at market rents, with a 1.58 debt coverage ratio on new financing. The property’s location further elevates its investment appeal. 633 E Park Avenue sits just blocks from Interstate 8, and minutes from downtown El Cajon, Parkway Plaza, and the East Main Street retail corridor. The all one-bedroom unit mix keeps leasing, turnover, and management simple. For investors seeking a stabilized, easily managed asset with a cap rate well above the market, utility recovery already in place, and positive cash flow from day one, 633 E Park Avenue, represents a compelling acquisition in the heart of East County. 633 E Park Avenue presents a fantastic opportunity to acquire a fully occupied, 16-unit apartment community in El Cajon at a 6.52% in-place cap rate, SIGNIFICANLY better then any other market opportunity currently available and well above the 4.7% San Diego County multifamily average. Built in 1972 and situated on a 16,122 square foot corner parcel, the approximately 7,440 square foot, two-story buildings feature sixteen 1BR/1BA units, a gated on-site parking lot with 20 spaces, and wrought-iron perimeter fencing. The RUBS billback and laundry produce approximately $6,375 per year in additional income. Upside remains increasing rent to market at $1,700 per month. With an actual gross scheduled income of $322,629 and a net operating income of over $208,000, investors can achieve a 6.52% cap rate at asking, rising to 6.82% at market rents, with a 1.58 debt coverage ratio on new financing. The property’s location further elevates its investment appeal. 633 E Park Avenue sits just blocks from Interstate 8, and minutes from downtown El Cajon, Parkway Plaza, and the East Main Street retail corridor. The all one-bedroom unit mix keeps leasing, turnover, and management simple. For investors seeking a stabilized, easily managed asset with a cap rate well above the market, utility recovery already in place, and positive cash flow from day one, 633 E Park Avenue, represents a compelling acquisition in the heart of East County.

16 Beds ⋅ 16 Baths ⋅ 260024843 MLS ⋅ ACTIVE Status

633 E Park Avenue presents a fantastic opportunity to acquire a fully occupied, 16-unit apartment community in El Cajon at a 6.52% in-place cap rate, SIGNIFICANLY better then any other market opportunity currently available and well above the 4.7% San Diego County multifamily average. Built in 1972 and situated on a 16,122 square foot corner parcel, the approximately 7,440 square foot, two-story buildings feature sixteen 1BR/1BA units, a gated on-site parking lot with 20 spaces, and wrought-iron perimeter fencing. The RUBS billback and laundry produce approximately $6,375 per year in additional income. Upside remains increasing rent to market at $1,700 per month. With an actual gross scheduled income of $322,629 and a net operating income of over $208,000, investors can achieve a 6.52% cap rate at asking, rising to 6.82% at market rents, with a 1.58 debt coverage ratio on new financing. The property’s location further elevates its investment appeal. 633 E Park Avenue sits just blocks from Interstate 8, and minutes from downtown El Cajon, Parkway Plaza, and the East Main Street retail corridor. The all one-bedroom unit mix keeps leasing, turnover, and management simple. For investors seeking a stabilized, easily managed asset with a cap rate well above the market, utility recovery already in place, and positive cash flow from day one, 633 E Park Avenue, represents a compelling acquisition in the heart of East County. 633 E Park Avenue presents a fantastic opportunity to acquire a fully occupied, 16-unit apartment community in El Cajon at a 6.52% in-place cap rate, SIGNIFICANLY better then any other market opportunity currently available and well above the 4.7% San Diego County multifamily average. Built in 1972 and situated on a 16,122 square foot corner parcel, the approximately 7,440 square foot, two-story buildings feature sixteen 1BR/1BA units, a gated on-site parking lot with 20 spaces, and wrought-iron perimeter fencing. The RUBS billback and laundry produce approximately $6,375 per year in additional income. Upside remains increasing rent to market at $1,700 per month. With an actual gross scheduled income of $322,629 and a net operating income of over $208,000, investors can achieve a 6.52% cap rate at asking, rising to 6.82% at market rents, with a 1.58 debt coverage ratio on new financing. The property’s location further elevates its investment appeal. 633 E Park Avenue sits just blocks from Interstate 8, and minutes from downtown El Cajon, Parkway Plaza, and the East Main Street retail corridor. The all one-bedroom unit mix keeps leasing, turnover, and management simple. For investors seeking a stabilized, easily managed asset with a cap rate well above the market, utility recovery already in place, and positive cash flow from day one, 633 E Park Avenue, represents a compelling acquisition in the heart of East County.

633 E Park Ave, El Cajon

$3,450,000

4033 Campus Avenue, a 10 unit, 6,854 S.F. multifamily property is located in highly coveted University Heights. The building features an ideal mix of one 2BR/2BA, two 2BR/1.5BA and seven 1BR/1BA (approx. SF). The renovated and well maintained units feature stainless steel appliances, granite countertops, luxury vinyl plank flooring, mirrored closet doors and air conditioning in all units. A consistent 100% occupancy is maintained by the amenities including a quiet residential street location, on-site laundry, 10 off-street dedicated parking spaces, proximity to shopping and restaurants and easy freeway access. Buyer can add value through an increase in low rents.

7 Beds ⋅ 7 Baths ⋅ 260024825 MLS ⋅ ACTIVE Status

4033 Campus Avenue, a 10 unit, 6,854 S.F. multifamily property is located in highly coveted University Heights. The building features an ideal mix of one 2BR/2BA, two 2BR/1.5BA and seven 1BR/1BA (approx. SF). The renovated and well maintained units feature stainless steel appliances, granite countertops, luxury vinyl plank flooring, mirrored closet doors and air conditioning in all units. A consistent 100% occupancy is maintained by the amenities including a quiet residential street location, on-site laundry, 10 off-street dedicated parking spaces, proximity to shopping and restaurants and easy freeway access. Buyer can add value through an increase in low rents.

4430 Campus Ave, Normal Heights

$15,995,000

Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley with significant upside through potential ADU conversion of existing carports,garage and storage space, a rarity for assets of this scale in San Diego County. Having received the majority of its capital improvements in a 2025 renovation, the property is turnkey and cash-flowing from day one, featuring a strong unit mix of sixteen 1BR/1BA, thirty-one 2BR/1BA, and one 3BR/1.5BA unit, most with in-unit laundry, supporting strong rents and quality tenancy in a high-demand rental corridor near major East County employment centers. A feasibility assessment indicates up to 12 units (approx. 25%) may be eligible for conversion, giving investors a rare combination of day-one stability and a defined, built-in upside strategy in a growing East County market.

81 Beds ⋅ 49 Baths ⋅ 260024817 MLS ⋅ ACTIVE Status

Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley with significant upside through potential ADU conversion of existing carports,garage and storage space, a rarity for assets of this scale in San Diego County. Having received the majority of its capital improvements in a 2025 renovation, the property is turnkey and cash-flowing from day one, featuring a strong unit mix of sixteen 1BR/1BA, thirty-one 2BR/1BA, and one 3BR/1.5BA unit, most with in-unit laundry, supporting strong rents and quality tenancy in a high-demand rental corridor near major East County employment centers. A feasibility assessment indicates up to 12 units (approx. 25%) may be eligible for conversion, giving investors a rare combination of day-one stability and a defined, built-in upside strategy in a growing East County market.

9249 Birch St, Spring Valley

$1,500,000

4 EXISTING UNITS + PLANS TO BUILD 4 ADDITIONAL ADUs. Introducing an exceptional investment opportunity in Southeast San Diego, just blocks from Interstate 15 and Imperial Avenue. 3517-23 J St is a well maintained 4-unit multifamily property featuring four 2 bed / 1 bath apartments (2,912 SF, built 1959) on a 7,071 SF RM-1-1 lot with off-street parking in front and a large open rear yard. Three units are leased with tenants reimbursing water through a RUBS program, and one unit is vacant. This is an ideal for an owner-user or a buyer looking to set rents at market from day one. What sets this property apart is the MASSIVE development upside: a full architect-designed plan set is in hand for four detached 2 bed / 1 bath ADUs in the rear yard, offering a clear path to double the unit count to 8 and dramatically increase income on a rare, deep infill lot. Current rents sit well below market, providing additional value-add upside even before any construction. Offered at $1,500,000, this is a compelling opportunity for the investor looking to capitalize on San Diego’s strong rental demand and build long-term value. Seller is completing a 1031 exchange; buyer to cooperate with seller’s exchange at no cost to buyer.

8 Beds ⋅ 4 Baths ⋅ 260024802 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

4 EXISTING UNITS + PLANS TO BUILD 4 ADDITIONAL ADUs. Introducing an exceptional investment opportunity in Southeast San Diego, just blocks from Interstate 15 and Imperial Avenue. 3517-23 J St is a well maintained 4-unit multifamily property featuring four 2 bed / 1 bath apartments (2,912 SF, built 1959) on a 7,071 SF RM-1-1 lot with off-street parking in front and a large open rear yard. Three units are leased with tenants reimbursing water through a RUBS program, and one unit is vacant. This is an ideal for an owner-user or a buyer looking to set rents at market from day one. What sets this property apart is the MASSIVE development upside: a full architect-designed plan set is in hand for four detached 2 bed / 1 bath ADUs in the rear yard, offering a clear path to double the unit count to 8 and dramatically increase income on a rare, deep infill lot. Current rents sit well below market, providing additional value-add upside even before any construction. Offered at $1,500,000, this is a compelling opportunity for the investor looking to capitalize on San Diego’s strong rental demand and build long-term value. Seller is completing a 1031 exchange; buyer to cooperate with seller’s exchange at no cost to buyer.

3517-23 J St, Golden Hill

$1,249,000

THREE RESIDENCES. MULTIPLE POSSIBILITIES, ONE SMART INVESTMENT. Where San Diego's history meets investment opportunity! Welcome to 3136 44th Street, located in San Diego’s historic Clifton Addition to City Heights. Originally built in 1941, the property expanded in 2008 with two additional residences, creating a versatile three-unit investment opportunity. The two rear units have been recently renovated with new stainless steel appliances, kitchen and bathroom cabinetry, quartz countertops, modern fixtures, flooring, and fresh paint inside and out. All three residences features private laundry while the rear units offer oversized two-car garages and storage. An automatic security gate provides added privacy and controlled access. Zoned RM-1-2 creates exciting possibilities for future development including potential expansion of the original detached front residence, construction of an additional duplex, or ADUs, subject to city approval and development feasibility. Ideal for investors seeking multiple rental income streams, homeowners looking to live in one unit while renting the others to offset mortgage expenses, or multigenerational families wanting separate living spaces. Three residences, modern upgrades, income potential, and room to envision what's next-all in one San Diego property.

5 Beds ⋅ 3 Baths ⋅ 260024798 MLS ⋅ ACTIVE Status

THREE RESIDENCES. MULTIPLE POSSIBILITIES, ONE SMART INVESTMENT. Where San Diego's history meets investment opportunity! Welcome to 3136 44th Street, located in San Diego’s historic Clifton Addition to City Heights. Originally built in 1941, the property expanded in 2008 with two additional residences, creating a versatile three-unit investment opportunity. The two rear units have been recently renovated with new stainless steel appliances, kitchen and bathroom cabinetry, quartz countertops, modern fixtures, flooring, and fresh paint inside and out. All three residences features private laundry while the rear units offer oversized two-car garages and storage. An automatic security gate provides added privacy and controlled access. Zoned RM-1-2 creates exciting possibilities for future development including potential expansion of the original detached front residence, construction of an additional duplex, or ADUs, subject to city approval and development feasibility. Ideal for investors seeking multiple rental income streams, homeowners looking to live in one unit while renting the others to offset mortgage expenses, or multigenerational families wanting separate living spaces. Three residences, modern upgrades, income potential, and room to envision what's next-all in one San Diego property.

3136 44th St, East San Diego

2139 Balboa Ave, Pacific Beach/Mission Beach

$2,795,000

Whitewater Commercial Real Estate is pleased to exclusively present Balboa Pointe Townhomes – Parcel 3, an exceptionally rare brand new constructed 4-unitmultifamily investment opportunity located in the heart of Pacific Beach. Delivered in 2026, the property represents the first completed property within a seven-property, 28-unit residential development currently under construction and being delivered throughout the project. As the first completed offering available for acquisition, Balboa Pointe Townhomes – Parcel 3 provides investors with a unique opportunity to purchase newly constructed coastal multifamily product in one of San Diego’s most supply-constrained rental markets, where the majority of existing inventory consists of older vintage units and opportunities for new multi family development remain extremely limited. Balboa Pointe Townhomes – Parcel 3 consists entirely of townhome-style residences, featuring an attractive unit mix of two spacious 2 Bed / 2.5 Bath units and two well-designed 1 Bed / 1 Bath units. The larger 2-bedroom residences feature private fenced front yards with professional landscaping, creating a unique single-family-home feel rarely found in multifamily coastal product. The property also includes three covered carport parking spaces, a highly desirable amenity in Pacific Beach.

6 Beds ⋅ 8 Baths ⋅ 260024786 MLS ⋅ ACTIVE Status ⋅ Balboa Pointe Townhomes BLDG.

Whitewater Commercial Real Estate is pleased to exclusively present Balboa Pointe Townhomes – Parcel 3, an exceptionally rare brand new constructed 4-unitmultifamily investment opportunity located in the heart of Pacific Beach. Delivered in 2026, the property represents the first completed property within a seven-property, 28-unit residential development currently under construction and being delivered throughout the project. As the first completed offering available for acquisition, Balboa Pointe Townhomes – Parcel 3 provides investors with a unique opportunity to purchase newly constructed coastal multifamily product in one of San Diego’s most supply-constrained rental markets, where the majority of existing inventory consists of older vintage units and opportunities for new multi family development remain extremely limited. Balboa Pointe Townhomes – Parcel 3 consists entirely of townhome-style residences, featuring an attractive unit mix of two spacious 2 Bed / 2.5 Bath units and two well-designed 1 Bed / 1 Bath units. The larger 2-bedroom residences feature private fenced front yards with professional landscaping, creating a unique single-family-home feel rarely found in multifamily coastal product. The property also includes three covered carport parking spaces, a highly desirable amenity in Pacific Beach.

2139 Balboa Ave, Pacific Beach/Mission Beach

$1,995,000

4140 48th Street, San Diego, CA presents a stabilized investment opportunity in the heart of the Colina del Sol neighborhood. This fully renovated multifamily asset, originally built in 1964, comprises 4 units featuring a rare, large-format mix of two 3-bedroom/2-bathroom and two 4-bedroom/2-bathroom configurations. The property encompasses 4,180 gross square feet on a 6,397 square foot parcel, offering significant density in a supply-constrained market. With a current purchase price of $1,995,000, the asset delivers immediate cash flow with a capitalization rate of 5.60% and a Gross Rent Multiplier of 13.0, metrics that reflect the premium quality of the recent turnkey renovations and the asset's operational efficiency.

14 Beds ⋅ 8 Baths ⋅ 260024782 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

4140 48th Street, San Diego, CA presents a stabilized investment opportunity in the heart of the Colina del Sol neighborhood. This fully renovated multifamily asset, originally built in 1964, comprises 4 units featuring a rare, large-format mix of two 3-bedroom/2-bathroom and two 4-bedroom/2-bathroom configurations. The property encompasses 4,180 gross square feet on a 6,397 square foot parcel, offering significant density in a supply-constrained market. With a current purchase price of $1,995,000, the asset delivers immediate cash flow with a capitalization rate of 5.60% and a Gross Rent Multiplier of 13.0, metrics that reflect the premium quality of the recent turnkey renovations and the asset's operational efficiency.

4140 48th St, East San Diego

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