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1311-15 Pacific Beach Dr, Pacific Beach/Mission Beach
$4,575,000
6 Beds ⋅ 9 Baths ⋅ 260022485 MLS ⋅ ACTIVE Status ⋅ By The Bay Condominiums BLDG.
Exceptional fully turnkey triplex located on Pacific Beach Drive, offering modern coastal living and a rare investment opportunity. Units are condominiums with individual APNs. This property provides amazing flexibility for investors or owner-users alike. Each 2-bedroom, 2.5-bath residence features open-concept living, dual-pane windows, in-unit washer and dryer, and secure gated underground parking with a private two-car garage and direct access to each unit. Every residence enjoys exclusive use patios as well as private rooftop deck with panoramic views of Sail Bay and Pacific Beach. Select units include premium outdoor amenities such as a private “spool” and a spacious outdoor kitchen with fireplace. Offered fully furnish. Exceptional fully turnkey triplex located on Pacific Beach Drive, offering modern coastal living and a rare investment opportunity. Units are condominiums with individual APNs. This property provides amazing flexibility for investors or owner-users alike. Each 2-bedroom, 2.5-bath residence features open-concept living, dual-pane windows, in-unit washer and dryer, and secure gated underground parking with a private two-car garage and direct access to each unit. Every residence enjoys exclusive use patios as well as private rooftop deck with panoramic views of Sail Bay and Pacific Beach. Select units include premium outdoor amenities such as a private “spool” and a spacious outdoor kitchen with fireplace. Offered fully furnish.

1311-15 Pacific Beach Dr, Pacific Beach/Mission Beach

849-855 Emerald St, Pacific Beach/Mission Beach
$4,595,000
PTP2605821 MLS ⋅ ACTIVE Status
Rare coastal holding󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 in Pacific Beach. One and a half blocks to the sand on Emerald Street; a sub-five-minute walk to Crystal Pier, the Mission Beach boardwalk, and Garnet Avenue dining and retail. Property comprised of four 2BR and three 1BR apartments, substantially renovated in 2018 and maintained through an ongoing capital program. Rare coastal holding in Pacific Beach. One and a half blocks to the sand on Emerald Street; a sub-five-minute walk to Crystal Pier, the Mission Beach boardwalk, and Garnet Avenue dining and retail. Property comprised of four 2BR and three 1BR apartments, substantially renovated in 2018 and maintained through an ongoing capital program.

849-855 Emerald St, Pacific Beach/Mission Beach

832 Desty St, Otay Mesa
$4,699,750
14 Beds ⋅ 13 Baths ⋅ 260017411 MLS ⋅ ACTIVE Status
We are pleased to present "Atlas 12 at Imperial Beach" a twelve-unit multifamily community located in the highly accessible Imperial Beach neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego's most strategically positioned submarkets. Completed in 2026, Atlas 12 at Imperial Beach consists of ten (10) one-bedroom/one-bathroom units averaging approximately 496 square feet, one (1) one-bedroom/one-bathroom unit at approximately 747 square feet, and one (1) three-bedroom/two-bathroom unit at approximately 1,084 square feet. Each unit features a thoughtfully designed layout to maximize living space and functionality for today's urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood with ample street parking available for all tenants within walking distance to local schools and parks. Centrally located in Imperial Beach with easy access to the beach, local dining, and major transportation routes, "Atlas 12 at Imperial Beach" benefits from excellent connectivity and tenant accessibility.

832 Desty St, Otay Mesa

221-227 W G St, Encinitas
$4,775,000
8 Beds ⋅ 8 Baths ⋅ 260020303 MLS ⋅ ACTIVE Status ⋅ Beach BLDG.
Completed in 2022, the Property offers investors the rare opportunity to acquire a trophy-quality residential asset within walking distance of both Moonlight Beach and the vibrant shops, restaurants, and entertainment of Downtown Encinitas. Positioned in one of Southern California's most desirable coastal communities, 221 W G Street benefits from exceptional demographics, award-winning schools, a temperate year-round climate, and convenient access to the region's major employment centers. Its premier location places residents at the center of an unparalleled coastal lifestyle while supporting longterm tenant demand and investment stability. Each spacious townhome has been thoughtfully designed with luxury finishes and modern conveniences, featuring open floor plans with high ceilings, luxury kitchens with premium appliances, designer bathrooms, private yards, private balconies, air conditioning, and in-unit washers and dryers. Additional property enhancements include high-performance designer windows and rooftop solar that helps offset common area electrical expenses, creating an attractive combination of luxury, efficiency, and functionality. Beyond its exceptional location and superior construction, the Property offers investors a low maintenance ownership opportunity. Quality building materials, low maintenance landscaping, and recently completed improvements minimize near-term capital expenditures while positioning the asset for durable cash flow and long-term appreciation in one of San Diego County's most coveted coastal submarkets.

221-227 W G St, Encinitas

1817-19 Coast Blvd, Del Mar
$4,795,000
6 Beds ⋅ 5 Baths ⋅ 260025699 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
Close to the sand, shops and restaurants in the heart of Del Mar. Coast Boulevard presents a rare opportunity to own a remodeled coastal triplex. Pure vibe. The approximately 2,576 sq. ft. residence is thoughtfully configured into three separate units featuring a total of 6 bedrooms and 5 bathrooms, including a 1-bedroom/1-bath unit, a 2-bedroom/2-bath unit, and a spacious 3-bedroom/2-bath unit. Multiple outdoor enjoyment spaces, a generous 4,538 sq. ft. lot, and parking for up to five vehicles enhance both livability and long-term value. Walk to the Plaza, Powerhouse Park and the Sand. Set within walking distance of Del Mar's renowned beaches, restaurants, boutiques, and coastal trails, this is an opportunity to enjoy the quintessential seaside lifestyle while benefiting from the strong demand for Del Mar real estate. A timeless income property in an irreplaceable location. Floor plans available in tab.

1817-19 Coast Blvd, Del Mar

3939 7th Ave, Mission Hills
$4,799,000
16 Baths ⋅ 260007693 MLS ⋅ ACTIVE Status
La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.

3939 7th Ave, Mission Hills

120-26 4th St, Del Mar
$4,800,000
7 Beds ⋅ 7 Baths ⋅ 260021317 MLS ⋅ ACTIVE Status
Situated just one󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 property from the iconic Del Mar coastline, 120-126 4th Street offers a truly exceptional opportunity to own a premier coastal fourplex in one of Southern California’s most coveted beach communities. Set on a spacious lot in the heart of Del Mar, this unique property combines an irreplaceable location with ocean views, a desirable unit mix, and significant potential for the next owner. The property features three generously sized 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. All three 2-bedroom units enjoy ocean views, while the shared courtyard and ocean-view backyard create inviting outdoor spaces to relax, entertain, and take in the quintessential Del Mar lifestyle. For investors, developers, or owner-users, the value-add possibilities are particularly compelling. The location is simply hard to beat. Step outside and enjoy a walkable coastal lifestyle just moments from the Del Mar cliffs and sandy beaches, as well as Del Mar Village, Del Mar Plaza, boutique shopping, acclaimed restaurants, and some of Southern California’s most celebrated surf breaks. Outdoor enthusiasts will love the proximity to Torrey Pines State Natural Reserve and Torrey Pines Golf Course, while Scripps Health facilities and the world-famous Del Mar Racetrack are just minutes away. Adding even more value, the property includes four covered parking spaces plus five additional off-street spaces - a remarkable and increasingly rare amenity in the heart of Del Mar Village. See supp. With its oversized lot, ocean views, flexible unit mix, abundant parking, and one of the most desirable coastal locations in Southern California, 120-126 4th Street presents an extraordinary opportunity to own, invest, and create something special in Del Mar.

120-26 4th St, Del Mar

110 Maple, Mission Hills
$4,810,000
260013332 MLS ⋅ ACTIVE Status
Incredibly rare mixed-use trophy property located at the corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes. Situated on a prime corner lot with dual street frontage, this exceptional asset offers strong in-place income, pride of ownership, and long-term investment potential in one of San Diego’s most desirable neighborhoods. The property consists of five units, including a professional office space and four residential units. The front corner office, designed to resemble a classic historic home, is leased under a long-term agreement with annual rent increases. The residential units have been extensively remodeled and professionally designed, creating a turnkey investment with strong rental appeal. Two units were completely rebuilt from the ground up in 2024. Major capital improvements include all-new electrical, plumbing, insulation, HVAC systems, electrical meters, and a state-of-the-art fire sprinkler system throughout. Several units feature upgraded kitchens, designer finishes, modern flooring, and remodeled bathrooms. The upper unit enjoys bay and city views, while tenants share a beautifully landscaped courtyard. Mixed-use zoning provides flexibility for investors or owner-users. Ideally located near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city's best dining and cultural attractions, this is a rare opportunity to acquire a fully upgraded mixed-use asset in one of San Diego’s premier neighborhoods. Incredibly rare mixed-use trophy property located at the prestigious corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes and architecture. Positioned on a prime corner lot with dual street frontage, this exceptional asset offers a rare blend of residential charm, strong in-place income, and long-term investment upside in one of San Diego’s most sought-after neighborhoods. The property consists of a professional office space in the front corner unit, designed to resemble a classic historic home, currently leased under a long-term agreement with built-in annual rent increases. The remaining four residential units are fully remodeled and professionally designed, creating a turnkey pride-of-ownership asset with strong rental appeal. Two of the residential units were completely rebuilt from the ground up in 2024 with high-end construction and modern systems throughout. Extensive capital improvements include all new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system servicing the entire property. Several units feature upgraded kitchens, designer finishes, modern flooring, and updated baths. The upstairs unit enjoys beautiful bay and city views, while all tenants share access to a lushly landscaped common courtyard that creates a private and tranquil atmosphere rarely found in urban multifamily properties. The mixed-use zoning offers exceptional flexibility for investors, owner-users, short-term rental strategies where permitted, or long-term hold scenarios in a premier walkable location near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city’s best dining and cultural attractions. Opportunities to acquire a fully upgraded mixed-use asset of this caliber in Bankers Hill are exceptionally limited.

110 Maple, Mission Hills

3131-57 Adams Ave, Normal Heights
$4,900,000
11 Beds ⋅ 17 Baths ⋅ 260021332 MLS ⋅ ACTIVE Status
Pleased to present the 3131-49 & 3151-57 Adams Avenue Portfolio, a 17-unit multifamily and mixed-use portfolio located in San Diego, California. Situated along iconic Adams Avenue in the highly desirable Normal Heights neighborhood, the offering consists of the adjacent 10-unit apartment complex at 3151-57 Adams Avenue and seven-unit mixed-use property at 3131-49 Adams Avenue. Originally built in 1939 and 1965, respectively, both assets were thoughtfully renovated in 2025 and combine for approximately 7,520 rentable square feet across 15,246 square feet of land. Additionally, the portfolio offers significant long-term redevelopment potential, as both properties are located within Complete Communities Tier 3, allowing up to 6.5 FAR, and are zoned CUPD-CU-3-3. The residential component consists of 13 units, including two detached one-bedroom/one-bath cottages, two studios, and nine one-bedroom/one-bath apartments, complemented by four high visibility retail spaces at 3131-49 Adams Avenue. Current retail tenants include a massage studio, pet grooming salon, and bookstore occupying two combined commercial spaces. The residential units were recently remodeled with upgraded interiors including quartz countertops, updated cabinetry, new appliances, and renovated bathrooms, with select units featuring refinished original hardwood or new vinyl plank flooring. Each residential unit also features mini-split A/C systems and tankless water heaters, enhancing tenant comfort and operating efficiency. (7) apartment units have also been amenitized with in-unit, full-size stackable W/D.

3131-57 Adams Ave, Normal Heights

759-63 Santa Victoria, Solana Beach
$4,995,000
5 Beds ⋅ 4 Baths ⋅ 260021342 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
One-of-a-kind Solana Beach󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 opportunity offering endless possibilities, exceptional flexibility and rare development potential. Two permitted residences currently occupy the property, providing immediate income and multiple options for an owner-user, investor or developer. Per verification with the City of Solana Beach, the property allows for 2 additional single-family dwellings plus up to 4 ADUs, subject to applicable plans, permits and development requirements. Even more unique, this property has no HOA and is forever exempt. A gated estate with 150 foot easement with privacy in back and front yard. The estate provides whitewater crashing waves views from corner to corner of the property, as well as from the living room of one of the homes. Sweeping views of San Elijo Lagoon and Rancho Santa Fe, open-space secluded privacy on the top of the hill, in one of Southern California’s most desirable coastal communities. Walking distance from highly rated Solana Vista School. Create private mufti-generational estates, expand the existing residences, develop additional homes, maximize rental income or design a truly unique investment project. Opportunities like this are rarely available. Buyer to independently verify final development requirements and approvals with the City.

759-63 Santa Victoria, Solana Beach

429-33 Nautilus St, La Jolla
$4,999,995
7 Beds ⋅ 5 Baths ⋅ NDP2608215 MLS ⋅ ACTIVE Status
Offered on the󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 open market for the very first time, this rare La Jolla coastal opportunity delivers immediate cash flow alongside significant long-term development upside. Located just steps from iconic Windansea Beach, the property features two complete homes perfectly suited for high-end residential leasing or dual short-term vacation rentals (STVR). Highlighting alley access and a sizeable parcel, the asset presents lucrative potential for expansion or a lot division (buyer to verify). Ample parking includes 2 garage spaces per unit in addition to 4 uncovered driveway spaces for the front residence. A truly irreplaceable coastal portfolio addition combining prime La Jolla positioning with strong financial return. Offered on the open market for the very first time, this rare La Jolla coastal opportunity delivers immediate cash flow alongside significant long-term development upside. Located just steps from iconic Windansea Beach, the property features two complete homes perfectly suited for high-end residential leasing or dual short-term vacation rentals (STVR). Highlighting alley access and a sizeable parcel, the asset presents lucrative potential for expansion or a lot division (buyer to verify). Ample parking includes 2 garage spaces per unit in addition to 4 uncovered driveway spaces for the front residence. A truly irreplaceable coastal portfolio addition combining prime La Jolla positioning with strong financial return.

429-33 Nautilus St, La Jolla

5140 Los Robles Dr, Carlsbad
$5,249,900
9 Beds ⋅ 6 Baths ⋅ 260013411 MLS ⋅ ACTIVE Status ⋅ Terramar Asscociation BLDG.
Located just two blocks from the beach in the prime Terramar neighborhood of Carlsbad. Capitalize on high rental demand and immediate cash flow with this 2025 multi-family investment, situated steps from the Carlsbad coast. Designed to optimize income, the compound features three distinct revenue generating units led by a luxury 5 bedroom main home, which currently performing successfully as an Airbnb. The main home is complete with high-end architectural finishes, a stylish wet bar, and a rooftop deck with sweeping ocean views highlighted by 10 foot ceilings, a floating LED staircase, seamless indoor-outdoor LaCantina doors, and an ocean view rooftop deck with a hot tub and outdoor kitchen. Two fully occupied residential units round out the portfolio. A detached 3 bedroom, 2 bath ADU with private front and rear yards, alongside a spacious 1 bedroom Jr. ADU with its own outdoor space. With immediate revenue in place and flexible lease structures, this exceptional turn-key asset provides an ideal destination for your next 1031 exchange.

5140 Los Robles Dr, Carlsbad

1541 8th Ave, Downtown
$5,250,000
4 Beds ⋅ 24 Baths ⋅ 260011471 MLS ⋅ ACTIVE Status
pleased to present 1451 8th Avenue, a 25-unit apartment community located in the highly desirable Cortez Hill neighborhood of Downtown San Diego. Originally constructed in 1914, the property consists of a unique mix of studio units, one-bedroom apartments, and a penthouse/commercial unit, offering investors a rare opportunity to acquire a character-rich asset in one of Downtown San Diego’s most established residential enclaves. The property also features a shared laundry facility and a substantial basement-level storage area, providing added convenience for tenants and potential operational upside for ownership. Additionally, the offering includes attractive assumable financing, with an existing $1.25 million loan at a 3.45% fixed interest rate through September 2030, presenting a compelling opportunity to secure below-market debt in today’s higher interest rate environment. Situated in Cortez Hill, the property benefits from one of the most walkable residential neighborhoods in Downtown San Diego, where residents enjoy convenient access to daily amenities, restaurants, retail, and entertainment. The location places tenants within walking distance of several of Downtown’s most vibrant districts including Little Italy, the Gaslamp Quarter, and East Village, all of which offer a wide array of dining, nightlife, shopping, and employment opportunities. Additionally, Balboa Park, one of the nation’s largest urban parks and home to numerous museums and the San Diego Zoo, is located just minutes away, providing exceptional outdoor and cultural amenities.

1541 8th Ave, Downtown

2944-54 F St, Golden Hill
$5,250,000
24 Baths ⋅ 260021585 MLS ⋅ ACTIVE Status
24-unit apartment community located in the highly desirable Golden Hill neighborhood of San Diego. Built in 1982, the unit mix consists of twenty-four (24) studio units with functional floor plans along with an onsite laundry room and ample onsite parking (25 surface spaces). Tenants enjoy the walkability of Golden Hill with easy access to local services, shopping and community parks. This represents an opportunity to acquire an extremely well-maintained asset with strong in-place rents and additional upside in one of San Diego’s most dynamic and up-and-coming markets. The property benefits from its central location and proximity to Balboa Park, Downtown San Diego and nearby by neighborhoods of South Park and North Park.

2944-54 F St, Golden Hill

528 Olive Street & 2820 6th Avenue, Mission Hills
$5,250,000
12 Beds ⋅ 12 Baths ⋅ 260024760 MLS ⋅ ACTIVE Status
We are pleased to present 6TH & Olive, an 18-unit multifamily offering situated at the cusp of Southern California's iconic Balboa Park. The uniquely positioned dual corner parcels at 528 Olive Street & 2820 6th Avenue create a distinctive cottage-style residential enclave in one of San Diego's most established and affluent urban neighborhoods, offering a living environment that stands in stark contrast to the area's growing inventory of large-scale apartment developments. Positioned directly across from Balboa Park and within walking distance of Bankers Hill & Hillcrest’s dining and entertainment district and Downtown San Diego, the property benefits from an exceptional location that continues to attract residents seeking an urban lifestyle that still honors neighborhood character & charm. The Bankers Hill/Hillcrest corridor has experienced substantial investment in recent years, with numerous luxury and ultra-luxury apartment communities reinforcing the strength of the rental market and supporting long-term rent growth. Unlike conventional multifamily assets, 6TH & Olive offers investors the opportunity to acquire a dual parcel property with architectural charm, a highly desirable low-density cottage-style layout, and meaningful value-add upside. The property’s unit mix includes six studio units averaging approximately 490 square feet and twelve one-bedroom/one-bathroom units averaging approximately 671 square feet, offering a practical floor plan composition tailored to the area’s renter base.

528 Olive Street & 2820 6th Avenue, Mission Hills

7025 Boulevard Dr, La Mesa
$5,295,000
3 Beds ⋅ 6 Baths ⋅ PTP2604512 MLS ⋅ ACTIVE Status
$250k Price Reduction !!! 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system replacement, brand new pitched roofs, epoxy-lined sewer mains, dual-pane windows, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $463,138 GSI yielding a 5.37% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $524,010 GSI and 6.23% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location pr $250k Price Reduction !!! 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system replacement, brand new pitched roofs, epoxy-lined sewer mains, dual-pane windows, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $463,138 GSI yielding a 5.37% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $524,010 GSI and 6.23% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location profile. The Property's Class B location provides the ideal balance between acquisition basis, tenant quality, and long-term rental demand, producing notably stronger returns than higher-priced Coastal San Diego submarkets and significantly less operational challenges associated with Class C location assets and tenants.

7025 Boulevard Dr, La Mesa

4578 Jicarillo Ave, Clairemont/Bay Park
$5,400,000
15 Beds ⋅ 14 Baths ⋅ 260012823 MLS ⋅ ACTIVE Status
New reduced price! We are pleased to present 4578 Jicarillo Ave, a newly constructed, fully stabilized 13-unit multifamily asset positioned along the canyon edge in the highly sought-after Bay Ho submarket of San Diego. Completed in 2025 and delivered fully leased, the Property offers contemporary design, serene natural surroundings, and immediate income in one of San Diego's most supply-constrained coastal neighborhoods. The community features sweeping westerly canyon views, an omnipresent coastal breeze, and picturesque vistas of Mt. Soledad – a setting virtually impossible to replicate in today's entitlement environment. The property provides scale in a quiet, central coastal pocket while remaining under the 16-unit threshold that triggers on-site management. Property consists of 12 one-bed/1-bath residences at 441 SF and a renovated 3-bed/2-bath single-family home at 1,324 SF – a rare configuration combining multifamily scale with standalone residential value on a 13,600 SF lot. Units feature 10-foot ceilings, quartz waterfall countertops, stainless steel appliances, in-unit washer/dryer, split-system HVAC, and private outdoor space. Current gross income totals $36,335/month ($436,020 annualized), pro forma of $37,700/month ($452,400 annualized) at market rents. Property is offered at $5,400,000 ($415k/unit), representing a 5.57% current cap rate (5.97% pro forma), based on current NOI of $300,814. Contact listing broker for OM and financials.

4578 Jicarillo Ave, Clairemont/Bay Park

728 G Ave, Coronado
$5,400,000
12 Beds ⋅ 11 Baths ⋅ 260023894 MLS ⋅ ACTIVE Status
Eleven on G󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 is an 11-unit multifamily property situated on a 6,707-square-foot parcel in the heart of Coronado. The property consists of ten one-bedroom residences and one two-bedroom residence totaling approximately 5,511 square feet, with an expansive front lawn, mature landscaping and multiple open-air areas that create an inviting residential setting. A defining characteristic of the property is its existing 11-unit configuration, representing a level of multifamily density that would be difficult to replicate under today’s development standards. This existing scale, combined with the property’s relatively compact footprint and attractive outdoor areas, distinguishes Eleven on G from many other multifamily investment opportunities in Coronado. The improvements have been well maintained, with select interiors featuring thoughtful renovations and updated finishes. The combination of improved and more traditional units provides an incoming investor with an established asset while preserving opportunities to enhance rents and interiors over time. Located just steps from Coronado High School and within easy walking distance of Orange Avenue, neighborhood shopping, restaurants, parks and recreation, Eleven on G combines established multifamily scale with the walkability and residential character that distinguish Coronado’s rental market.

728 G Ave, Coronado

4205 Noyes, Pacific Beach/Mission Beach
$5,400,000
16 Beds ⋅ OC26221697 MLS ⋅ ACTIVE Status
WD Land is pleased to present the opportunity to acquire The Roxy, a fully renovated 16-unit apartment community at 4205 Noyes Street in Pacific Beach. Set at the corner of Noyes Street and Oliver Avenue, the property sits just north of the Kendall-Frost Mission Bay Marsh Reserve, a short walk from the Mission Bay shoreline and a quick ride to the Pacific Beach boardwalk, Garnet Avenue and the coast. Originally built in 1959, the two-story building was taken down to the studs in a 2021 gut renovation. Major building systems were replaced, including a new roof, new electrical and plumbing upgrades, and every unit was rebuilt with new windows, gray shaker kitchens with white countertops, blue subway-tile backsplashes and stainless appliances, new plank flooring, ceiling fans and fully remodeled baths with new vanities, tubs and patterned tile. The result is 16 turnkey junior one-bedroom homes averaging 450 SF, with 15 off-street parking spaces and a cozy coastal look carried outside through seafoam doors, iron railings and lantern lighting. At the offering price of $5,400,000 ($337,500 per unit), The Roxy offers the lowest price per door of any multifamily property currently on the market in Pacific Beach. It trades at a 4.64% cap rate on in-place income and 5.54% at market rents, with a 13.21 GRM falling to 11.77 at market. That price per unit sits about 23% below the $436,935 average of nine recent Pacific Beach sale comparables. Current rents average $2,046 per unit against a $2,300 market rent and a $2,379 average among nearby one-bedroom comparables, leaving room to grow WD Land is pleased to present the opportunity to acquire The Roxy, a fully renovated 16-unit apartment community at 4205 Noyes Street in Pacific Beach. Set at the corner of Noyes Street and Oliver Avenue, the property sits just north of the Kendall-Frost Mission Bay Marsh Reserve, a short walk from the Mission Bay shoreline and a quick ride to the Pacific Beach boardwalk, Garnet Avenue and the coast. Originally built in 1959, the two-story building was taken down to the studs in a 2021 gut renovation. Major building systems were replaced, including a new roof, new electrical and plumbing upgrades, and every unit was rebuilt with new windows, gray shaker kitchens with white countertops, blue subway-tile backsplashes and stainless appliances, new plank flooring, ceiling fans and fully remodeled baths with new vanities, tubs and patterned tile. The result is 16 turnkey junior one-bedroom homes averaging 450 SF, with 15 off-street parking spaces and a cozy coastal look carried outside through seafoam doors, iron railings and lantern lighting. At the offering price of $5,400,000 ($337,500 per unit), The Roxy offers the lowest price per door of any multifamily property currently on the market in Pacific Beach. It trades at a 4.64% cap rate on in-place income and 5.54% at market rents, with a 13.21 GRM falling to 11.77 at market. That price per unit sits about 23% below the $436,935 average of nine recent Pacific Beach sale comparables. Current rents average $2,046 per unit against a $2,300 market rent and a $2,379 average among nearby one-bedroom comparables, leaving room to grow income as units turn, with RUBS and pet rent already in place. With capital work complete, The Roxy suits 1031 exchange buyers, private investors and long-term holders seeking a low-maintenance coastal asset in one of San Diegos most supply-constrained beach markets.

4205 Noyes, Pacific Beach/Mission Beach

2036-58 N Highland Ave, Logan Heights
$5,475,000
21 Beds ⋅ 30 Baths ⋅ 260020723 MLS ⋅ ACTIVE Status
Presenting for sale this NEW CONSTRUCTION 12 unit in south San Diego. Comprised of a unit mix rarely available in the market, the property contains (9) 2BR 2.5BA townhome style units and (3) well designed 1BR units. The property is spread across (4) parcels, which presents a truly unique opportunity to attain residential financing and enjoy much better leverage than with commercial financing. Ask agent about cost seg/tax benefits for which we estimate a HUGE 7 figures of Yr 1 depreciation available! The property boasts truly elegant interior designs, equipped with AC minisplits in all living and bed rooms, off street parking including garages on each parcel, and select units enjoy massive decks and patios. Reach out and learn more today.

2036-58 N Highland Ave, Logan Heights

1478 Hornblend St, Pacific Beach/Mission Beach
$5,500,000
5 Beds ⋅ 6 Baths ⋅ 260020125 MLS ⋅ ACTIVE Status
We are pleased to exclusively offer The Surf House, a newly reimagined 10-unit apartment community located at 1478 Hornblend Street in San Diego’s Pacific Beach neighborhood. Designed for today’s coastal renter, the property combines modern apartment finishes, extensive building-system upgrades, and a highly walkable beachside setting within one of San Diego’s most supply-constrained rental markets. The asset was comprehensively rebuilt and delivered in June 2024 following a full permitted redevelopment through the City of San Diego. The renovation scope substantially modernized the property from both an operational and resident-experience standpoint, including upgraded electrical capacity, new plumbing, a centralized hot-water system, fire sprinklers, foundation improvements, roofing, windows, exterior finishes, gutters, and architectural steel staircases. Inside the residences, The Surf House offers a polished coastal living environment with contemporary finishes and practical in-unit amenities. Units feature quartz countertops, custom-style cabinetry, designer tile accents, stainless-steel appliances, luxury vinyl plank flooring, in-unit laundry, individual split-system HVAC, and dedicated outdoor areas, including patios or rooftop decks. Select homes further benefit from scenic ocean and bay views, adding to the property’s lifestyle appeal. Located just six blocks from the beach and within immediate reach of Garnet Avenue’s restaurants, shops, cafés, and nightlife, the property is well positioned to attract renters seeking both convenience and coastal access.

1478 Hornblend St, Pacific Beach/Mission Beach

2428 Highland Ave, National City
$5,700,000
22 Beds ⋅ 22 Baths ⋅ 260017842 MLS ⋅ ACTIVE Status
We are pleased to present Highland Pacifica Apartments, a newly constructed, luxurious 17-unit community in National City, California. With its perfect blend of design, location, and quality high-end finishes that cannot be found anywhere else in National City, Highland Pacifica Apartments perfectly hits the mark for middle market renters who are gravitating towards the most luxurious product in a submarket with limited supply. Newly built in 2023, the asset is comprised of 17-units, with a unit-mix of 1 office studio with 200 square feet, 1 studio with 443 square feet, 8 one-bedroom / one-bath units averaging 540 square feet, and 7 two-bedroom / two-bath units averaging 728 square feet. Leaving no detail behind, the community features gated off-street parking and storage lockers. Interiors are spacious and well-appointed with plenty of natural sunlight, premium designer finishes with in-unit washers and dryers, hard surface countertops, undermount kitchen sinks and pull-down faucets, stainless steel kitchen appliances, shaker style cabinetry, hardwood flooring, recessed lighting, split HVAC systems, and private balconies. Located off Highland Avenue in central National City, residents are proximate to unique local dining experiences, breweries, vibrant shopping and boutiques, nightlife, outdoor recreation, historic visitor attractions, and numerous waterfront destinations in the South Bay including the Chula Vista Bayfront development and Silver Strand Beach. National City’s competitive edge is its central location, business industry, and highway connectivity.

2428 Highland Ave, National City

154-56 Phoebe St, Encinitas
$5,795,000
6 Beds ⋅ 6 Baths ⋅ 260025208 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
A truly unique opportunity in the heart of Leucadia, this exceptional property features two homes on one beautifully landscaped, large, flat lot west of the 101. With six total bedrooms between the two residences, multiple outdoor living spaces, private yards, and an incredibly flexible layout, this is the kind of property that is hard to replicate this close to the coast. Each home has its own personality. One features a warm, modern-coastal style with rich flooring, architectural details, an entertainer’s kitchen, and an incredible rooftop deck with an outdoor kitchen, dining area, fire pit, shade sail, and sea-view lifeguard chairs. The second has a light, farmhouse-inspired feel with French oak floors, custom built-ins, quartz counters, oversized windows, and a bright, open layout. The outdoor spaces are just as special. A private grassy backyard includes a built-in BBQ area, multiple covered patios, an outdoor shower, a new four-person sauna, and an adorable custom-built kids’ playhouse. A finished garage with an additional full bath adds even more versatility and works perfectly as a home office, gym, studio, guest space, or bonus room. Walk to Beacon’s Beach for a surf or sunset, then stroll to some of the neighborhood’s best restaurants, coffee shops, boutiques, and bars. Whether you envision a multigenerational setup, living in one home while generating income from the other, or simply want an amazing coastal compound with room for family and friends, this is a rare chance to own something truly special in one of North County’s most desirable beach communities.

154-56 Phoebe St, Encinitas

3857 Kendall St, Pacific Beach/Mission Beach
$5,888,000
9 Beds ⋅ 8 Baths ⋅ 260025215 MLS ⋅ ACTIVE Status ⋅ Complex BLDG.
3857–61 Kendall Street presents an exceptional opportunity to acquire four luxury coastal residences in Crown Point, one of San Diego’s most desirable and supply-constrained residential enclaves. Combining newly constructed front residences with a comprehensively renovated rear duplex, the property pairs sophisticated contemporary design with an extraordinary investment in materials, craftsmanship, and technology. Originally conceived as the owner’s personal residence and a long-term pride-of-ownership asset, Kendall was developed with a level of care and customization rarely found in the two- to four-unit market. The owner’s investment extended substantially beyond the original budget, resulting in a residential experience distinguished by Thermador appliances, custom cabinetry and closets, Italian tile, Brizo fixtures, Mitsubishi in-ceiling HVAC, automated shades, and solar power. Four private garages with EV charging further elevate the property’s appeal, delivering convenience and amenities seldom available in a coastal multifamily setting. A subsequent change in the owner’s occupancy plans now brings this meticulously executed property to market. The flagship three-bedroom, two-bath residence anchors the offering, providing an exceptional opportunity for a purchaser seeking a premier coastal home with substantial supplementary rental income. Currently leased at $11,000 per month, this residence includes a purchaser occupancy provision allowing for availability on 60 days’ notice, subject to the lease terms and applicable requirements. The remaining three residences are leased at premium rents, and the property’s leasing history has demonstrated strong demand, with multiple residences securing rents at or above asking shortly after launch. At full stabilization, the property generates approximately $30,750 per month, or $369,000 annually, in gross rental income. This income profile supports two compelling ownership strategies: retain all four residences as a trophy rental investment, or occupy the flagship residence while rental income from the other three meaningfully offsets ownership costs. As a four-residence property, Kendall may also qualify for conventional residential financing, subject to borrower qualifications and lender requirements, broadening its appeal to both investors and owner-users. With its exceptional finishes, demonstrated rental demand, and flexible ownership options, 3857–61 Kendall Street offers a distinctive opportunity to own a luxury coastal asset in the heart of Crown Point.

3857 Kendall St, Pacific Beach/Mission Beach

8870-78 La Mesa Blvd, La Mesa
$5,900,000
14 Beds ⋅ 10 Baths ⋅ 250043888 MLS ⋅ ACTIVE Status
We proudly present 8870-78 La Mesa Blvd, part of the Fite Plaza / Bel Arms ensemble, a fully leased, income-producing, mixed-use property with immediate cash flow, and significant value-add or redevelopment upside. The asset combines a 5-tenant retail building (11,120 SF) with a 10-unit apartment complex, all on 0.86 acres in one of East County’s most accessible and desirable locations. The retail component generates stable cash flow from a diversified tenant roster, while the multifamily component offers upside through normalization of rents, interior upgrades, or repositioning. Because of the site’s compact footprint and location near major freeways and community amenities, a creative owner could explore infill or densification strategies. With limited new ground available in this submarket, this property represents a compelling opportunity to acquire a multi-layered real estate play in La Mesa.

8870-78 La Mesa Blvd, La Mesa

532 N 1st, El Cajon
$5,950,000
40 Beds ⋅ 20 Baths ⋅ 260009246 MLS ⋅ ACTIVE Status
Pleased to present a rare high cap rate investment opportunity in San Diego County. This 20-unit multifamily property offers strong in-place income with significant upside potential. The property consists of approximately 12,000 square feet of rentable space situated on a 21,928 square foot lot, featuring twenty (20) spacious two-bedroom, one-bathroom units. This well-located asset benefits from its proximity to key amenities, including shopping, parks, schools, and major transportation corridors. Conveniently positioned less than one mile from major retail and community resources such as Town & Country Shopping Center El Cajon, Wells Park, Boys & Girls Club of East County, and El Cajon Valley High School, the property also offers excellent access to Interstate 8 and State Route 67, providing connectivity to major employment hubs throughout San Diego County. Several units have been upgraded with modernized kitchens, updated flooring (tile and carpet), and new bathroom vanities, enhancing tenant appeal and rental potential. Community amenities include gated entry, off-street parking, an on-site laundry facility, a community courtyard, and a swimming pool, contributing to a comfortable and attractive living environment. This is an exceptional opportunity for investors seeking a stabilized asset with value-add potential in a high-demand rental market. Pleased to present a rare high cap rate investment opportunity in San Diego County. This 20-unit multifamily property offers strong in-place income with significant upside potential. The property consists of approximately 12,000 square feet of rentable space situated on a 21,928 square foot lot, featuring twenty (20) spacious two-bedroom, one-bathroom units. This well-located asset benefits from its proximity to key amenities, including shopping, parks, schools, and major transportation corridors. Conveniently positioned less than one mile from major retail and community resources such as Town & Country Shopping Center El Cajon, Wells Park, Boys & Girls Club of East County, and El Cajon Valley High School, the property also offers excellent access to Interstate 8 and State Route 67, providing connectivity to major employment hubs throughout San Diego County. Several units have been upgraded with modernized kitchens, updated flooring (tile and carpet), and new bathroom vanities, enhancing tenant appeal and rental potential. Community amenities include gated entry, off-street parking, an on-site laundry facility, a community courtyard, and a swimming pool, contributing to a comfortable and attractive living environment. This is an exceptional opportunity for investors seeking a stabilized asset with value-add potential in a high-demand rental market.

532 N 1st, El Cajon

1476-1480 Pescadero Dr, Ocean Beach (OB)
$5,950,000
8 Beds ⋅ 4 Baths ⋅ 260025597 MLS ⋅ ACTIVE Status ⋅ Pescadero Drive BLDG.
True oceanfront in Sunset Cliffs with extraordinary 280-degree Pacific Ocean views stretching north to La Jolla and south along the coastline, capturing spectacular sunsets year-round. Four beautifully renovated two-bedroom residences plus two spacious bonus studios with lofts, all enjoying ocean views. Every space has been fully renovated with quality finishes throughout, including updated kitchens and baths, quartz countertops, stainless appliances, LVP flooring, and dual-pane windows. This meticulously maintained property offers a strong, growing rental history, with three established short-term vacation rentals conveyed fully furnished and additional long-term rental income. Multiple ocean-facing decks and patios make the most of the views, while the rare four-car garage provides valuable parking and storage. Easy access to Sunset Cliffs, along with convenient proximity to Point Loma, downtown San Diego, the airport, and major transportation routes, adds to the appeal for residents and vacation guests alike. Personally managed by the owner, with potential for increased revenue through more active management and pricing strategies. The shoreline protection system received a favorable engineering assessment in 2026, with an outlook for decades of continued protection with routine monitoring and maintenance. Full report available for review. An exceptional combination of oceanfront location, turnkey condition, established income, and long-term investment potential along San Diego's coastline.

1476-1480 Pescadero Dr, Ocean Beach (OB)

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