DawnSellsSanDiego.com Search Results

$7,944,000

Exceptional investment opportunity in the heart of Ocean Beach, just steps from the Beach. This rare 7-unit property offers strong upside potential as a condo conversion project in one of San Diego’s most desirable coastal neighborhoods. Each spacious unit features approximately 1,450 sq ft of living space with 3bedrooms and 2.5 bathrooms, and six of the seven units include an additional den—ideal for home offices or flex space. All units are two-story layouts, providing a townhouse-style feel that is highly attractive to future buyers. The property is currently fully occupied, with stable tenancy in place. While the units are fully livable in their current condition, they present a prime opportunity for renovation—allowing an investor to significantly increase value and create substantial forced equity. A major highlight is the 17 underground garage parking spaces—an uncommon and highly valuable amenity in Ocean Beach. Situated in a prime, central location with easy access to beaches, dining, and local amenities, this asset combines immediate income with long-term redevelopment potential. Photos contain virtual staging. Continued Property Management available upon request. Call or text for more info.

21 Beds ⋅ 21 Baths ⋅ 260010773 MLS ⋅ ACTIVE Status

Exceptional investment opportunity in the heart of Ocean Beach, just steps from the Beach. This rare 7-unit property offers strong upside potential as a condo conversion project in one of San Diego’s most desirable coastal neighborhoods. Each spacious unit features approximately 1,450 sq ft of living space with 3bedrooms and 2.5 bathrooms, and six of the seven units include an additional den—ideal for home offices or flex space. All units are two-story layouts, providing a townhouse-style feel that is highly attractive to future buyers. The property is currently fully occupied, with stable tenancy in place. While the units are fully livable in their current condition, they present a prime opportunity for renovation—allowing an investor to significantly increase value and create substantial forced equity. A major highlight is the 17 underground garage parking spaces—an uncommon and highly valuable amenity in Ocean Beach. Situated in a prime, central location with easy access to beaches, dining, and local amenities, this asset combines immediate income with long-term redevelopment potential. Photos contain virtual staging. Continued Property Management available upon request. Call or text for more info.

4930 W Point Loma Blvd, Ocean Beach (OB)

$7,950,000

The Richmond is a newly constructed 19 unit luxury multifamily property in the heart of Hillcrest, one of San Diego’s most desirable and supply constrained rental markets. Completed in 2025, the property features studio, one bedroom and two bedroom residences with modern finishes, in unit laundry, central heating and air conditioning, triple pane windows and private balconies in most units. Offered at $7,950,000, or approximately $418,000 per unit, The Richmond is priced well below nearby development cost benchmarks while generating approximately $545,000 in annual scheduled income and $372,000 in NOI. The property also offers approximately 11% potential rent upside and benefits from exemption from AB 1482 rent caps through at least 2040, providing significant flexibility for future rent growth. The property is steps from shopping, dining and major employment centers, including the expanding UC San Diego Health Hillcrest campus and Scripps Mercy Hospital. Hillcrest is also benefiting from major public investment, including the approximately $28 million Pride Promenade project along Normal Street, further enhancing the neighborhood’s walkability and long term appeal. New construction. Below replacement cost. Strong in place income. Rent upside. Favorable regulatory positioning. An irreplaceable Hillcrest location.

21 Beds ⋅ 19 Baths ⋅ 260021771 MLS ⋅ ACTIVE Status

The Richmond is a newly constructed 19 unit luxury multifamily property in the heart of Hillcrest, one of San Diego’s most desirable and supply constrained rental markets. Completed in 2025, the property features studio, one bedroom and two bedroom residences with modern finishes, in unit laundry, central heating and air conditioning, triple pane windows and private balconies in most units. Offered at $7,950,000, or approximately $418,000 per unit, The Richmond is priced well below nearby development cost benchmarks while generating approximately $545,000 in annual scheduled income and $372,000 in NOI. The property also offers approximately 11% potential rent upside and benefits from exemption from AB 1482 rent caps through at least 2040, providing significant flexibility for future rent growth. The property is steps from shopping, dining and major employment centers, including the expanding UC San Diego Health Hillcrest campus and Scripps Mercy Hospital. Hillcrest is also benefiting from major public investment, including the approximately $28 million Pride Promenade project along Normal Street, further enhancing the neighborhood’s walkability and long term appeal. New construction. Below replacement cost. Strong in place income. Rent upside. Favorable regulatory positioning. An irreplaceable Hillcrest location.

4015 Richmond, Mission Hills

$8,300,000

BACK ON MARKET! PRICE REDUCED!! Prime multifamily investment opportunity in Vista, walking distance to Downtown Vista Village. Extensively renovated - approx. $1 Million in CapEx upgrades. Large lot and extra-large units with downstairs enclosed patios and upstairs balconies. Potential to add additional ADUs! Upgrades include: • New kitchens - quartz counters, new cabinets/sinks/fixtures, stainless steel appliances • New baths - new cabinets/sinks/fixtures, refinished bath/shower stalls • New windows, new LVP flooring, wall-unit ACs • Automatic garage doors, roof upgrades, new paint, fenced-in patios, and washer/dryers in select units Do not disturb tenants. Contact broker for showings and more info.

34 Beds ⋅ 28 Baths ⋅ 250036922 MLS ⋅ ACTIVE Status

BACK ON MARKET! PRICE REDUCED!! Prime multifamily investment opportunity in Vista, walking distance to Downtown Vista Village. Extensively renovated - approx. $1 Million in CapEx upgrades. Large lot and extra-large units with downstairs enclosed patios and upstairs balconies. Potential to add additional ADUs! Upgrades include: • New kitchens - quartz counters, new cabinets/sinks/fixtures, stainless steel appliances • New baths - new cabinets/sinks/fixtures, refinished bath/shower stalls • New windows, new LVP flooring, wall-unit ACs • Automatic garage doors, roof upgrades, new paint, fenced-in patios, and washer/dryers in select units Do not disturb tenants. Contact broker for showings and more info.

628 W California Ave, Vista

$8,750,000

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

72 Beds ⋅ 48 Baths ⋅ 260012789 MLS ⋅ ACTIVE Status

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

8694 Lemon Ave, La Mesa

$8,950,000

Raintree Terrace is an 18-unit gated residential community located at 307 Sycamore Road in San Ysidro. Built in 2016 as individually designed condominium-style townhomes and currently operated as a single apartment complex, the property consists entirely of spacious three- and four-bedroom residences averaging approximately 1,700 square feet. Each unit features a direct-entry two-car garage, private balcony or patio, full-size washer and dryer, quartz countertops, stainless steel appliances, central air conditioning, and an open-concept floor plan. Situated on approximately 0.98 acres, the property offers modern construction, strong in-place cash flow, limited near-term capital needs, and additional rental upside. Raintree Terrace is exempt from California AB 1482 rent control and the City of San Diego Tenant Protection Ordinance through 2031 under applicable new-construction exemptions. The community provides convenient access to Interstates 5 and 805, SR-905, the San Ysidro Port of Entry, and employment centers throughout South San Diego County. An adjacent approximately one-acre parcel, approved for 24 additional townhome-style units, is also available separately or together with the property, offering an opportunity to develop a complementary second phase or assemble a larger residential investment. Buyer to verify all information, approvals, exemptions, and development potential.

66 Beds ⋅ 54 Baths ⋅ 260017481 MLS ⋅ ACTIVE Status

Raintree Terrace is an 18-unit gated residential community located at 307 Sycamore Road in San Ysidro. Built in 2016 as individually designed condominium-style townhomes and currently operated as a single apartment complex, the property consists entirely of spacious three- and four-bedroom residences averaging approximately 1,700 square feet. Each unit features a direct-entry two-car garage, private balcony or patio, full-size washer and dryer, quartz countertops, stainless steel appliances, central air conditioning, and an open-concept floor plan. Situated on approximately 0.98 acres, the property offers modern construction, strong in-place cash flow, limited near-term capital needs, and additional rental upside. Raintree Terrace is exempt from California AB 1482 rent control and the City of San Diego Tenant Protection Ordinance through 2031 under applicable new-construction exemptions. The community provides convenient access to Interstates 5 and 805, SR-905, the San Ysidro Port of Entry, and employment centers throughout South San Diego County. An adjacent approximately one-acre parcel, approved for 24 additional townhome-style units, is also available separately or together with the property, offering an opportunity to develop a complementary second phase or assemble a larger residential investment. Buyer to verify all information, approvals, exemptions, and development potential.

307 Sycamore, San Ysidro

$8,995,000

Rare investment opportunity featuring a $48,000/month NNN master lease with House of Metamorphosis, a well-established nonprofit operator with approximately 50 years in business, delivering stable, predictable income with minimal landlord responsibility. The property consists of 26 units, each with a private bathroom, purposefully designed for supervised residential care. The 8,450 SF building offers an average unit size of approximately 325 SF, maximizing income efficiency. Situated on a 7,000 SF lot with motel zoning, the property presents limited land value contribution; however, the zoning carries significant embedded entitlement value for SRO and behavioral health uses—an increasingly scarce and difficult-to-replicate asset class in San Diego. Investors are presented with a dual-path opportunity: continue operating with a reputable, long-term tenant under a true NNN structure, or reposition the asset for alternative residential or lodging uses, leveraging the existing 26-unit configuration and flexible zoning.

26 Baths ⋅ 260007745 MLS ⋅ ACTIVE Status

Rare investment opportunity featuring a $48,000/month NNN master lease with House of Metamorphosis, a well-established nonprofit operator with approximately 50 years in business, delivering stable, predictable income with minimal landlord responsibility. The property consists of 26 units, each with a private bathroom, purposefully designed for supervised residential care. The 8,450 SF building offers an average unit size of approximately 325 SF, maximizing income efficiency. Situated on a 7,000 SF lot with motel zoning, the property presents limited land value contribution; however, the zoning carries significant embedded entitlement value for SRO and behavioral health uses—an increasingly scarce and difficult-to-replicate asset class in San Diego. Investors are presented with a dual-path opportunity: continue operating with a reputable, long-term tenant under a true NNN structure, or reposition the asset for alternative residential or lodging uses, leveraging the existing 26-unit configuration and flexible zoning.

4017 42nd St, East San Diego

$9,250,000

Offered for sale is a premier residential multifamily investment in the vibrant downtown coastal community of Oceanside, California. This turn-key property features a highly desirable beach-close location and an attractive unit mix consisting primarily of spacious two-bedroom townhouse-style units, many with private garages. The property has undergone a complete high-end renovation, including new luxury vinyl plank flooring throughout, stunning quartz countertops, designer cabinetry, fully updated bathrooms, and fresh interior and exterior paint. Now fully stabilized at 100% occupancy with strong performing rents, this asset is in pristine condition—eliminating immediate capex needs and positioning it as a low-maintenance, high appeal investment. The exceptional coastal location, premium renovations, desirable unit mix, and stable cash flow combine to make this a standout opportunity in a thriving market. The El Jugador Townhomes boast an outstanding "Walker's Paradise" rating with a Walk Score of 92. Residents enjoy a short four-block stroll to the Oceanside Transit Center, providing convenient bus service to nearby communities; Sprinter Rail to Escondido (including CSU San Marcos); Coaster service to downtown San Diego; and Amtrak connections to Orange County and Los Angeles. Downtown Oceanside—offering an array of dining, shopping, and nightlife—is easily walkable, making it a popular destination for millennials. The wide sandy beaches, iconic pier, and harbor are just six blocks away, accessible on foot or by bike.

31 Beds ⋅ 28 Baths ⋅ 260011744 MLS ⋅ ACTIVE Status

Offered for sale is a premier residential multifamily investment in the vibrant downtown coastal community of Oceanside, California. This turn-key property features a highly desirable beach-close location and an attractive unit mix consisting primarily of spacious two-bedroom townhouse-style units, many with private garages. The property has undergone a complete high-end renovation, including new luxury vinyl plank flooring throughout, stunning quartz countertops, designer cabinetry, fully updated bathrooms, and fresh interior and exterior paint. Now fully stabilized at 100% occupancy with strong performing rents, this asset is in pristine condition—eliminating immediate capex needs and positioning it as a low-maintenance, high appeal investment. The exceptional coastal location, premium renovations, desirable unit mix, and stable cash flow combine to make this a standout opportunity in a thriving market. The El Jugador Townhomes boast an outstanding "Walker's Paradise" rating with a Walk Score of 92. Residents enjoy a short four-block stroll to the Oceanside Transit Center, providing convenient bus service to nearby communities; Sprinter Rail to Escondido (including CSU San Marcos); Coaster service to downtown San Diego; and Amtrak connections to Orange County and Los Angeles. Downtown Oceanside—offering an array of dining, shopping, and nightlife—is easily walkable, making it a popular destination for millennials. The wide sandy beaches, iconic pier, and harbor are just six blocks away, accessible on foot or by bike.

221 S Nevada St, Oceanside

$9,480,000

Westwind is a 24-unit multifamily property located in the highly desirable Ocean Beach neighborhood of San Diego. Located steps from the Pacific Coast with convenient access to Interstate 8 and Sunset Cliffs Boulevard. Westwind is well-positioned within one of San Diego’s most competitive and resilient rental markets, supported by strong demographics, limited new supply, and sustained renter demand. Comprised primarily of one-bedroom units with a selection of two-bedroom residences, the property sits on a 17,501 square foot lot with a total building size of approximately 17,319 square feet. Built in 1972, the two story community offers a well-maintained residential environment within one of San Diego’s most sought-after and supply-constrained coastal submarkets. Property to be shown subject to accepted offer

28 Beds ⋅ 28 Baths ⋅ 260016570 MLS ⋅ ACTIVE Status

Westwind is a 24-unit multifamily property located in the highly desirable Ocean Beach neighborhood of San Diego. Located steps from the Pacific Coast with convenient access to Interstate 8 and Sunset Cliffs Boulevard. Westwind is well-positioned within one of San Diego’s most competitive and resilient rental markets, supported by strong demographics, limited new supply, and sustained renter demand. Comprised primarily of one-bedroom units with a selection of two-bedroom residences, the property sits on a 17,501 square foot lot with a total building size of approximately 17,319 square feet. Built in 1972, the two story community offers a well-maintained residential environment within one of San Diego’s most sought-after and supply-constrained coastal submarkets. Property to be shown subject to accepted offer

4935 Niagara Ave, Ocean Beach (OB)

$9,500,000

330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint with Baja California inspired color palettes, dual pane windows, drought resistant and low maintenance California desert scape courtyard landscaping with irrigation, updated exterior fixtures and suite numbers, and hand painted building murals. Resident amenities include a surf shower, secure ele 330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint with Baja California inspired color palettes, dual pane windows, drought resistant and low maintenance California desert scape courtyard landscaping with irrigation, updated exterior fixtures and suite numbers, and hand painted building murals. Resident amenities include a surf shower, secure electric bike parking, and a common-area grill with outdoor shaded seating. Major infrastructure improvements include a main electrical service upgrade from 200A to 400A in 2023 with replacement of all unit subpanels, the sewer main lateral was descaled with an epoxy liner installed in 2014, replacement of the main hot-water line serving the property in 2025, and replacement of the property water heater in 2025. SB 721-deck inspections were also completed. The asset currently generates $667,819 in Gross Scheduled Income and $440,443 in NOI, yielding a 4.64% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $469,584, producing a 4.94% pro forma cap rate.

5 Beds ⋅ 5 Baths ⋅ PTP2606755 MLS ⋅ ACTIVE Status

330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint with Baja California inspired color palettes, dual pane windows, drought resistant and low maintenance California desert scape courtyard landscaping with irrigation, updated exterior fixtures and suite numbers, and hand painted building murals. Resident amenities include a surf shower, secure ele 330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint with Baja California inspired color palettes, dual pane windows, drought resistant and low maintenance California desert scape courtyard landscaping with irrigation, updated exterior fixtures and suite numbers, and hand painted building murals. Resident amenities include a surf shower, secure electric bike parking, and a common-area grill with outdoor shaded seating. Major infrastructure improvements include a main electrical service upgrade from 200A to 400A in 2023 with replacement of all unit subpanels, the sewer main lateral was descaled with an epoxy liner installed in 2014, replacement of the main hot-water line serving the property in 2025, and replacement of the property water heater in 2025. SB 721-deck inspections were also completed. The asset currently generates $667,819 in Gross Scheduled Income and $440,443 in NOI, yielding a 4.64% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $469,584, producing a 4.94% pro forma cap rate.

330 S Horne St, Oceanside

$9,995,000

Price reduced to $9,995,000. First time on the market—an exceptional and rare 21-unit, condo-quality asset in the heart of Mission Hills. This trophy investment offers immediate and substantial upside. Current rents are approximately $1,000 below market per unit, creating a clear path to increased cash flow. Positioned for a sophisticated value-add investor, the property presents multiple strategies to unlock value. These include potentially converting 16 garages into additional units (subject to approvals) or undertaking a full-scale renovation and repositioning to achieve premium market rents. Residents enjoy a highly desirable amenity package: gated entry, 15 open parking spaces, 16 garages, central AC/heat, private balconies and patios, 20 working fireplaces, elevator access, on-site laundry, and four expansive community BBQ/view decks. Ideally located at the end of Goldfinch Street in one of Mission Hills’ most sought-after pockets, this offering combines strong in-place fundamentals with long-term appreciation and exceptional rental demand—an irreplaceable opportunity to elevate income and secure a premier asset in a supply-constrained market.

29 Beds ⋅ 29 Baths ⋅ 260006443 MLS ⋅ ACTIVE Status

Price reduced to $9,995,000. First time on the market—an exceptional and rare 21-unit, condo-quality asset in the heart of Mission Hills. This trophy investment offers immediate and substantial upside. Current rents are approximately $1,000 below market per unit, creating a clear path to increased cash flow. Positioned for a sophisticated value-add investor, the property presents multiple strategies to unlock value. These include potentially converting 16 garages into additional units (subject to approvals) or undertaking a full-scale renovation and repositioning to achieve premium market rents. Residents enjoy a highly desirable amenity package: gated entry, 15 open parking spaces, 16 garages, central AC/heat, private balconies and patios, 20 working fireplaces, elevator access, on-site laundry, and four expansive community BBQ/view decks. Ideally located at the end of Goldfinch Street in one of Mission Hills’ most sought-after pockets, this offering combines strong in-place fundamentals with long-term appreciation and exceptional rental demand—an irreplaceable opportunity to elevate income and secure a premier asset in a supply-constrained market.

4069-4077 Goldfinch, Mission Hills

$9,995,000

Variance granted for alternate property class. Experience unparalleled coastal living, an extraordinary oceanfront property spanning 75 feet of ocean frontage, nestled in the heart of Carlsbad Village. This premier location grants you immediate access to the finest dining, shopping, and coffee shops, making it a hub for a vibrant lifestyle. Positioned directly on one of the most coveted sandy beaches along the coast, this estate offers breathtaking ocean views from nearly every room and direct beach access. The oversized outdoor decks are perfect for hosting extravagant oceanfront events, weddings, and endless entertainment. Approximately 4,564 square feet on a generous 10,473 square-foot lot, this beach compound features six bedrooms, plus two optional bedrooms, and seven full bathrooms. Crafted with a focus on maximizing stunning ocean vistas, the interior boasts a custom kitchen with floor-to-ceiling windows, a spacious living area with a cozy fireplace, multiple courtyards and decks, an outdoor shower, an attached three-car garage, and incredible privacy. Whether you are looking for a coastal compound, investment opportunity, or both, your oceanfront oasis awaits!

6 Beds ⋅ 7 Baths ⋅ 260012436 MLS ⋅ ACTIVE Status ⋅ No BLDG.

Variance granted for alternate property class. Experience unparalleled coastal living, an extraordinary oceanfront property spanning 75 feet of ocean frontage, nestled in the heart of Carlsbad Village. This premier location grants you immediate access to the finest dining, shopping, and coffee shops, making it a hub for a vibrant lifestyle. Positioned directly on one of the most coveted sandy beaches along the coast, this estate offers breathtaking ocean views from nearly every room and direct beach access. The oversized outdoor decks are perfect for hosting extravagant oceanfront events, weddings, and endless entertainment. Approximately 4,564 square feet on a generous 10,473 square-foot lot, this beach compound features six bedrooms, plus two optional bedrooms, and seven full bathrooms. Crafted with a focus on maximizing stunning ocean vistas, the interior boasts a custom kitchen with floor-to-ceiling windows, a spacious living area with a cozy fireplace, multiple courtyards and decks, an outdoor shower, an attached three-car garage, and incredible privacy. Whether you are looking for a coastal compound, investment opportunity, or both, your oceanfront oasis awaits!

2977 Ocean St, Carlsbad

$10,100,000

The Woodlawn Apartments is a 40-unit apartment community located in Central Escondido, North County San Diego. Built in 1974, the unit mix consists of forty (40) 1Bdrm/1Bath units with spacious floor plans averaging 700SF. There is ample onsite parking (70 spaces), central air-conditioning, Amazon-Hub Lockers and an onsite laundry facility. The property benefits from its central location; walkability boasting a WalkScore of 78, it is situated just a couple of blocks from shops, dining and entertainment along Grand Ave and Valley Pkwy. This represents an opportunity to acquire an extremely well-maintained asset with strong in-place rents and additional upside in one of Southern California's best rental markets.

40 Beds ⋅ 40 Baths ⋅ 260021351 MLS ⋅ ACTIVE Status

The Woodlawn Apartments is a 40-unit apartment community located in Central Escondido, North County San Diego. Built in 1974, the unit mix consists of forty (40) 1Bdrm/1Bath units with spacious floor plans averaging 700SF. There is ample onsite parking (70 spaces), central air-conditioning, Amazon-Hub Lockers and an onsite laundry facility. The property benefits from its central location; walkability boasting a WalkScore of 78, it is situated just a couple of blocks from shops, dining and entertainment along Grand Ave and Valley Pkwy. This represents an opportunity to acquire an extremely well-maintained asset with strong in-place rents and additional upside in one of Southern California's best rental markets.

330 N Juniper St, Escondido

$10,200,000

We are pleased to present Villa Park, a 37-unit multifamily community located at 345 E. Park Avenue in Escondido, California. Built in 1977, the two-story property features an attractive unit mix comprised entirely of two-bedroom, one-bathroom apartment homes, offering residents spacious layouts within an established residential setting. Villa Park provides a comfortable living environment enhanced by a variety of desirable community amenities. Residents enjoy private balconies, convenient off-street parking, laundry facilities and a private pool area. Situated in the heart of Escondido, the property benefits from proximity to downtown amenities, local retail, dining destinations, schools, parks, and major transportation corridors. Its central location provides residents with convenient access to employment centers throughout North County while maintaining the neighborhood feel that continues to attract renters to the area. Villa Park represents the opportunity to acquire a sizeable and stabilized multifamily asset in a growing Southern California submarket. The property's combination of functional apartment layouts, resident-focused amenities, and accessible location positions it to benefit from continued tenant demand.

74 Beds ⋅ 37 Baths ⋅ 260018174 MLS ⋅ ACTIVE Status

We are pleased to present Villa Park, a 37-unit multifamily community located at 345 E. Park Avenue in Escondido, California. Built in 1977, the two-story property features an attractive unit mix comprised entirely of two-bedroom, one-bathroom apartment homes, offering residents spacious layouts within an established residential setting. Villa Park provides a comfortable living environment enhanced by a variety of desirable community amenities. Residents enjoy private balconies, convenient off-street parking, laundry facilities and a private pool area. Situated in the heart of Escondido, the property benefits from proximity to downtown amenities, local retail, dining destinations, schools, parks, and major transportation corridors. Its central location provides residents with convenient access to employment centers throughout North County while maintaining the neighborhood feel that continues to attract renters to the area. Villa Park represents the opportunity to acquire a sizeable and stabilized multifamily asset in a growing Southern California submarket. The property's combination of functional apartment layouts, resident-focused amenities, and accessible location positions it to benefit from continued tenant demand.

345 E Park Ave, Escondido

$10,250,000

Rare coastal investment and development opportunity in the heart of Solana Beach. Located along the highly desirable Highway 101 corridor, this 0.79-acre property features 28 existing micro-apartment units totaling approximately 7,432 SF, providing in-place income with compelling long-term redevelopment and value-add potential. The property is within walking distance of the Ocean, Cedros Design District, Solana Beach Transit Center, boutique shopping, restaurants, and coastal amenities. Convenient access to I-5 further enhances this exceptional location. An outstanding opportunity to acquire a sizable income-producing property in one of Southern Californias most supply-constrained coastal communities. Future expansion, redevelopment, and alternative uses are subject to buyer investigation and applicable municipal approvals. Please do not disturb tenants. Text Al Apuzzo (619) 573-7845 for additional information or property tours. Rare coastal investment and development opportunity in the heart of Solana Beach. Located along the highly desirable Highway 101 corridor, this 0.79-acre property features 28 existing micro-apartment units totaling approximately 7,432 SF, providing in-place income with compelling long-term redevelopment and value-add potential. The property is within walking distance of the Ocean, Cedros Design District, Solana Beach Transit Center, boutique shopping, restaurants, and coastal amenities. Convenient access to I-5 further enhances this exceptional location. An outstanding opportunity to acquire a sizable income-producing property in one of Southern Californias most supply-constrained coastal communities. Future expansion, redevelopment, and alternative uses are subject to buyer investigation and applicable municipal approvals. Please do not disturb tenants. Text Al Apuzzo (619) 573-7845 for additional information or property tours.

NDP2607474 MLS ⋅ ACTIVE Status

Rare coastal investment and development opportunity in the heart of Solana Beach. Located along the highly desirable Highway 101 corridor, this 0.79-acre property features 28 existing micro-apartment units totaling approximately 7,432 SF, providing in-place income with compelling long-term redevelopment and value-add potential. The property is within walking distance of the Ocean, Cedros Design District, Solana Beach Transit Center, boutique shopping, restaurants, and coastal amenities. Convenient access to I-5 further enhances this exceptional location. An outstanding opportunity to acquire a sizable income-producing property in one of Southern Californias most supply-constrained coastal communities. Future expansion, redevelopment, and alternative uses are subject to buyer investigation and applicable municipal approvals. Please do not disturb tenants. Text Al Apuzzo (619) 573-7845 for additional information or property tours. Rare coastal investment and development opportunity in the heart of Solana Beach. Located along the highly desirable Highway 101 corridor, this 0.79-acre property features 28 existing micro-apartment units totaling approximately 7,432 SF, providing in-place income with compelling long-term redevelopment and value-add potential. The property is within walking distance of the Ocean, Cedros Design District, Solana Beach Transit Center, boutique shopping, restaurants, and coastal amenities. Convenient access to I-5 further enhances this exceptional location. An outstanding opportunity to acquire a sizable income-producing property in one of Southern Californias most supply-constrained coastal communities. Future expansion, redevelopment, and alternative uses are subject to buyer investigation and applicable municipal approvals. Please do not disturb tenants. Text Al Apuzzo (619) 573-7845 for additional information or property tours.

225 S Hwy 101, Solana Beach

$10,395,000

Beautiful 8 townhome condos [map expired] in Pacific Beach, California Please call listing agent for full marketing package and drone video

26 Beds ⋅ 16 Baths ⋅ 240012130 MLS ⋅ ACTIVE Status

Beautiful 8 townhome condos [map expired] in Pacific Beach, California Please call listing agent for full marketing package and drone video

2050-2060 Garnet Ave, Pacific Beach/Mission Beach

$10,900,000

11 Beds ⋅ 36 Baths ⋅ 260013324 MLS ⋅ ACTIVE UNDER CONTRACT Status

4384 Hamilton St, North Park

$11,050,000

Cherry Apartments is located in the desirable beach community of Carlsbad, California. This 13 unit apartment investment was built in 1959 and consists of 11 one bedroom/one bath units, 1 two bedroom/one bath house, and 1 non-conforming studio. 00 These units are located on two adjoining parcels, APN 204-232-15-00 and APN 204-232-16-00. The property amenities include off-street parking, lush tropical landscaping, and small yards/patios in select units, balconies, and on-site laundry. The interiors feature gas appliances and dual pane windows. There are storage closets in the carport area, and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The property’s proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunity and steady cash ?ow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400 per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 4-8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to proximity to the

230009615 MLS ⋅ ACTIVE Status

Cherry Apartments is located in the desirable beach community of Carlsbad, California. This 13 unit apartment investment was built in 1959 and consists of 11 one bedroom/one bath units, 1 two bedroom/one bath house, and 1 non-conforming studio. 00 These units are located on two adjoining parcels, APN 204-232-15-00 and APN 204-232-16-00. The property amenities include off-street parking, lush tropical landscaping, and small yards/patios in select units, balconies, and on-site laundry. The interiors feature gas appliances and dual pane windows. There are storage closets in the carport area, and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The property’s proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunity and steady cash ?ow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400 per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 4-8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to proximity to the

141-145 Cherry Ave, Carlsbad

$11,750,000

Price reduced $1,450,000. We are pleased to present Hart Townhomes, a 24-unit townhome community in El Cajon offered by the original developer. - Built 1991, comprehensively renovated 2016 to 2019 - 22 three bedroom homes (1,350 SF) and 2 four bedroom homes (1,550 SF) - Every home: attached duet, two car garage, private yard, fireplace, in-unit laundry - Tentative map contemplating individual townhome sales - 98% historical occupancy with four plus year average tenant tenure - In-place rents approximately 12% below market - Comparable El Cajon townhomes averaged $681,000 over trailing twelve months - Only 22.8% of El Cajon apartments contain three bedroom units; just 2.3% include four bedroom units Stabilized cash flow with embedded mark-to-market upside and condominium disposition optionality.

74 Beds ⋅ 72 Baths ⋅ 260010489 MLS ⋅ ACTIVE Status

Price reduced $1,450,000. We are pleased to present Hart Townhomes, a 24-unit townhome community in El Cajon offered by the original developer. - Built 1991, comprehensively renovated 2016 to 2019 - 22 three bedroom homes (1,350 SF) and 2 four bedroom homes (1,550 SF) - Every home: attached duet, two car garage, private yard, fireplace, in-unit laundry - Tentative map contemplating individual townhome sales - 98% historical occupancy with four plus year average tenant tenure - In-place rents approximately 12% below market - Comparable El Cajon townhomes averaged $681,000 over trailing twelve months - Only 22.8% of El Cajon apartments contain three bedroom units; just 2.3% include four bedroom units Stabilized cash flow with embedded mark-to-market upside and condominium disposition optionality.

445-523 Hart Dr, El Cajon

$11,995,000

A twenty-four (24) unit property located just off the coast of Pacific Beach, San Diego. The property is situated on a 14,077 square foot lot and is comprised of eight (8) studio units and sixteen (16) one bedroom/one-bath units. The property was recently remodeled inside and out with luxury finishes and a modern design. All units have been upgraded with new cabinets, quartz countertops, vinyl plank flooring, stainless appliances, and lighting fixtures. The property’s landscaping, windows, and common areas have also been upgraded. Pacific Beach is one of the best multifamily investment neighborhoods in San Diego. Additionally, this property is has a walk score of 93. Residents enjoy being just a few blocks from the Pacific Ocean and close to Garnet and Grand Ave, allowing residents to enjoy both the beach and local shops and restaurants all within just a short walk. This property is an opportunity for an investor to participate in the upside of this stable and growing beach community.

260002969 MLS ⋅ ACTIVE Status

A twenty-four (24) unit property located just off the coast of Pacific Beach, San Diego. The property is situated on a 14,077 square foot lot and is comprised of eight (8) studio units and sixteen (16) one bedroom/one-bath units. The property was recently remodeled inside and out with luxury finishes and a modern design. All units have been upgraded with new cabinets, quartz countertops, vinyl plank flooring, stainless appliances, and lighting fixtures. The property’s landscaping, windows, and common areas have also been upgraded. Pacific Beach is one of the best multifamily investment neighborhoods in San Diego. Additionally, this property is has a walk score of 93. Residents enjoy being just a few blocks from the Pacific Ocean and close to Garnet and Grand Ave, allowing residents to enjoy both the beach and local shops and restaurants all within just a short walk. This property is an opportunity for an investor to participate in the upside of this stable and growing beach community.

930 Felspar St, Pacific Beach/Mission Beach

$12,250,000

41-unit apartment community located in Central San Diego. Built in 1987, the unit mix consists of forty (40) 2Bdrm/1Bath units and (1) 1Bdrm/1Bath units with spacious floor plans along with an onsite leasing office and laundry facility. Situated on a Large Lot (1.14 Acres) there is ample parking with over 50 Onsite Parking Spaces (Blend of Garage and Surface). 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 best rental markets. The property benefits from its central location and proximity to major shopping and business hubs situated only a few miles from both Mission Valley and Downtown San Diego.

81 Beds ⋅ 41 Baths ⋅ 260021452 MLS ⋅ ACTIVE Status

41-unit apartment community located in Central San Diego. Built in 1987, the unit mix consists of forty (40) 2Bdrm/1Bath units and (1) 1Bdrm/1Bath units with spacious floor plans along with an onsite leasing office and laundry facility. Situated on a Large Lot (1.14 Acres) there is ample parking with over 50 Onsite Parking Spaces (Blend of Garage and Surface). 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 best rental markets. The property benefits from its central location and proximity to major shopping and business hubs situated only a few miles from both Mission Valley and Downtown San Diego.

202 Willie James Jones Ave, Golden Hill

$13,200,000

Vista Del Pacifico is a 61-unit seniors apartment complex situated on a 116,740 square foot lot in San Ysidro with 180 degree views of the Pacific Ocean, Tijuana and San Ysidro. The approximately 33,025 square feet of stucco and frame structures were built in 1978 and feature one story units. There are 40 gated parking spaces with a recently resurfaced parking lot. There are multiple storage areas, a large laundry room with 3 owned washers and 3 owned dryers as well as an onsite manager’s office and workshop. The onsite manager’s unit is a 3 Bedroom / 2 Bathroom unit with laundry hook ups and an enclosed patio. There are 6 additional buildings consisting of sixty, approximately 525 square foot 1 Bedroom / 1 Bathroom units with gas stoves and wall heaters. Half of the units have showers and half of the units have tub/shower enclosures. All roofs were replaced in 2014 along with new gutters and new drainage around the property. There are multiple cisterns on each building that collect rainwater at each structure which is used to irrigate the property. There is new fencing, landscaping, and signage. All units have their own patio areas. This is a turnkey asset for an investor. It is close to markets, trolley and bus transit, San Diego Public Library, and overlooks the San Ysidro Health Center. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

63 Beds ⋅ 62 Baths ⋅ 260001466 MLS ⋅ ACTIVE Status

Vista Del Pacifico is a 61-unit seniors apartment complex situated on a 116,740 square foot lot in San Ysidro with 180 degree views of the Pacific Ocean, Tijuana and San Ysidro. The approximately 33,025 square feet of stucco and frame structures were built in 1978 and feature one story units. There are 40 gated parking spaces with a recently resurfaced parking lot. There are multiple storage areas, a large laundry room with 3 owned washers and 3 owned dryers as well as an onsite manager’s office and workshop. The onsite manager’s unit is a 3 Bedroom / 2 Bathroom unit with laundry hook ups and an enclosed patio. There are 6 additional buildings consisting of sixty, approximately 525 square foot 1 Bedroom / 1 Bathroom units with gas stoves and wall heaters. Half of the units have showers and half of the units have tub/shower enclosures. All roofs were replaced in 2014 along with new gutters and new drainage around the property. There are multiple cisterns on each building that collect rainwater at each structure which is used to irrigate the property. There is new fencing, landscaping, and signage. All units have their own patio areas. This is a turnkey asset for an investor. It is close to markets, trolley and bus transit, San Diego Public Library, and overlooks the San Ysidro Health Center. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

279-291 Padua Hills Pl, San Ysidro

$16,390,000

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 ⋅ 260019532 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

$17,850,000

HUGE PRICE REDUCTION!! 509 Park is a 71-unit, 32,750-square-foot multifamily property in Downtown San Diego’s East Village, just steps from Petco Park and the San Diego Convention Center. Originally constructed in 1869 as the Bay View Hotel, this historic landmark has been rejuvenated and re-imagined to blend Victorian charm with contemporary style, offering a sophisticated lifestyle that bridges past and present. The property features spacious studio apartments with private kitchens and bathrooms, seamlessly combining classic elegance with modern functionality. A comprehensive renovation in 2023-2025 preserved the building’s historic character while adding modern amenities. Located in East Village, a vibrant hub of cultural events, festivals, and art exhibitions, 509 Park offers a prime urban lifestyle. The neighborhood is home to the San Diego Padres’ Petco Park and provides a dynamic mix of residential, commercial, and cultural opportunities.

260007453 MLS ⋅ ACTIVE Status

HUGE PRICE REDUCTION!! 509 Park is a 71-unit, 32,750-square-foot multifamily property in Downtown San Diego’s East Village, just steps from Petco Park and the San Diego Convention Center. Originally constructed in 1869 as the Bay View Hotel, this historic landmark has been rejuvenated and re-imagined to blend Victorian charm with contemporary style, offering a sophisticated lifestyle that bridges past and present. The property features spacious studio apartments with private kitchens and bathrooms, seamlessly combining classic elegance with modern functionality. A comprehensive renovation in 2023-2025 preserved the building’s historic character while adding modern amenities. Located in East Village, a vibrant hub of cultural events, festivals, and art exhibitions, 509 Park offers a prime urban lifestyle. The neighborhood is home to the San Diego Padres’ Petco Park and provides a dynamic mix of residential, commercial, and cultural opportunities.

509 Park Blvd, Downtown

$18,100,000

We are pleased to present Vista Pacific apartments, a newly renovated multifamily investment opportunity located in Chula Vista, California, one of south San Diego’s county’s steadily growing market. Built in 1981, Vista Pacific Apartments is a two-story garden-style community featuring spacious one- and two-bedroom floorplans averaging 894 SF. The subject property has benefited from more than $750,000 in capital improvements completed by current ownership which includes a new roof, enhanced landscaping, the addition of two ADUs, and interior unit renovations. Community amenities include landscaped courtyard areas, BBQ and picnic spaces with pergolas, assigned parking, and dog run. Interior units features include stainless-steel appliance packages, updated cabinetry, quartz countertops, in unit washer and dryer, with approximately 84% of units having been renovated and achieving premiums compared to their classic counterparts. Flooring consists of a mix of vinyl-plank flooring and carpet in select units. The units are further enhanced by air conditioning and heating with private outdoor spaces including balconies and fenced patios in select layouts. Vista Pacific Apartments is situated within an established residential neighborhood near Downtown Chula Vista surrounded by Third & Moss Shopping Center, San Diego Country Club, Plaza Chula Vista, and Chula Vista High School. Also located just 2.2 miles north is Downtown Chula Vista, a growing urban district known for its convenient access to shopping, dining, entertainment, schools, parks, and essential services.

112 Beds ⋅ 110 Baths ⋅ 260013438 MLS ⋅ ACTIVE Status

We are pleased to present Vista Pacific apartments, a newly renovated multifamily investment opportunity located in Chula Vista, California, one of south San Diego’s county’s steadily growing market. Built in 1981, Vista Pacific Apartments is a two-story garden-style community featuring spacious one- and two-bedroom floorplans averaging 894 SF. The subject property has benefited from more than $750,000 in capital improvements completed by current ownership which includes a new roof, enhanced landscaping, the addition of two ADUs, and interior unit renovations. Community amenities include landscaped courtyard areas, BBQ and picnic spaces with pergolas, assigned parking, and dog run. Interior units features include stainless-steel appliance packages, updated cabinetry, quartz countertops, in unit washer and dryer, with approximately 84% of units having been renovated and achieving premiums compared to their classic counterparts. Flooring consists of a mix of vinyl-plank flooring and carpet in select units. The units are further enhanced by air conditioning and heating with private outdoor spaces including balconies and fenced patios in select layouts. Vista Pacific Apartments is situated within an established residential neighborhood near Downtown Chula Vista surrounded by Third & Moss Shopping Center, San Diego Country Club, Plaza Chula Vista, and Chula Vista High School. Also located just 2.2 miles north is Downtown Chula Vista, a growing urban district known for its convenient access to shopping, dining, entertainment, schools, parks, and essential services.

1035 4th Ave, Chula Vista

$20,100,000

Kidder Mathews is proud to exclusively offer for sale this fully renovated, 32-unit luxury apartment community in the heart of coastal Encinitas. Nestled in one of North San Diego County’s most coveted beachside enclaves—just 0.8 miles from Moonlight State Beach and under 1 mile from Downtown Encinitas’ bustling shops, restaurants, and surf culture— The Gemma delivers an irreplaceable walk-to-everything lifestyle in a market with virtually no new supply. This turn-key trophy asset has undergone a complete 2025 renovation to institutional standards, featuring all-new quartz countertops, fully renovated kitchens and bathrooms, luxury vinyl plank flooring, new AC units, a brand-new roof, and full re-plumbing with new water supply lines in every unit. The freshly painted exterior enhances curb appeal, while 13 spacious two-bedroom, two-bath townhomes and 19 one bedroom, one-bath flats (32 units total) deliver a highly desirable, family-friendly mix commanding premium coastal rents. With quality post renovation systems installed, minimal near-term CapEx, and Encinitas vacancy below 2.5%, The Gemma offers immediate stabilized cash flow, organic rent growth, and long-term appreciation in a submarket where median home prices exceed $2.1M. This rare offering combines 2025-renovated luxury, proven coastal demand, and embedded upside—a true core-plus investment in the crown jewel of North County.

45 Beds ⋅ 45 Baths ⋅ 260010705 MLS ⋅ ACTIVE Status

Kidder Mathews is proud to exclusively offer for sale this fully renovated, 32-unit luxury apartment community in the heart of coastal Encinitas. Nestled in one of North San Diego County’s most coveted beachside enclaves—just 0.8 miles from Moonlight State Beach and under 1 mile from Downtown Encinitas’ bustling shops, restaurants, and surf culture— The Gemma delivers an irreplaceable walk-to-everything lifestyle in a market with virtually no new supply. This turn-key trophy asset has undergone a complete 2025 renovation to institutional standards, featuring all-new quartz countertops, fully renovated kitchens and bathrooms, luxury vinyl plank flooring, new AC units, a brand-new roof, and full re-plumbing with new water supply lines in every unit. The freshly painted exterior enhances curb appeal, while 13 spacious two-bedroom, two-bath townhomes and 19 one bedroom, one-bath flats (32 units total) deliver a highly desirable, family-friendly mix commanding premium coastal rents. With quality post renovation systems installed, minimal near-term CapEx, and Encinitas vacancy below 2.5%, The Gemma offers immediate stabilized cash flow, organic rent growth, and long-term appreciation in a submarket where median home prices exceed $2.1M. This rare offering combines 2025-renovated luxury, proven coastal demand, and embedded upside—a true core-plus investment in the crown jewel of North County.

185 Saxony Rd, Encinitas

$26,500,000

Crescent Gardens is a well-located 109-unit garden-style apartment community in the heart of San Diego’s College Village neighborhood in the San Diego State University submarket. Built in 1967, the property offers a stable, income-producing asset with strong appeal to students, faculty, and young professionals due to its proximity to San Diego State University (SDSU), which is just blocks away, as well as convenient access to major employment centers, shopping, dining, and recreation in the greater San Diego metro area.

150 Beds ⋅ 150 Baths ⋅ 260012698 MLS ⋅ ACTIVE Status

Crescent Gardens is a well-located 109-unit garden-style apartment community in the heart of San Diego’s College Village neighborhood in the San Diego State University submarket. Built in 1967, the property offers a stable, income-producing asset with strong appeal to students, faculty, and young professionals due to its proximity to San Diego State University (SDSU), which is just blocks away, as well as convenient access to major employment centers, shopping, dining, and recreation in the greater San Diego metro area.

4881 Rolando Ct, Talmadge/San Diego Central