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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)

1502-30 27th St, Otay Mesa
$6,200,000
40 Beds ⋅ 40 Baths ⋅ 260001488 MLS ⋅ ACTIVE Status
The Benton Apartments󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 is a 20-unit condo-grade apartment complex situated on a 30,927 square foot lot in San Diego. Located with frontage on two streets at 1485-95 25th Street and 1502-30 27th Street on one contiguous parcel, the approximately 17,500 square feet of structures were built in 1985 and feature three buildings each with two stories and pitched roofs. All 20 units are 2 Bedroom / 2 Bathroom units. One unit is attached to the manager’s office and one unit has a large family room. There are 27 parking spaces between the two parking lots. One parking lot has an automatic gate. Each unit has their own laundry hook ups with a full-sized washer and dryer as well as separate water meters. There is new fencing, landscaping, and signage. All units have their own private patio areas, some of which are very large, and one of which wraps around multiple sides of the unit. Two units have mini-split air conditioning units and half of the units have new vinyl plank flooring. There are security cameras and an approximately 300 square foot storage unit onsite. This is a turnkey asset for an investor. The property is close to multiple parks and schools as well as freeway access. In 2021, the roofs, fascia boards, and some siding were replaced and new paint was applied to the exterior and trim. New gutters were installed and in 2024, the parking lots were resurfaced. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.

1502-30 27th St, Otay Mesa

3056-& 3162 Carlsbad Boulevard, Carlsbad
$6,300,000
PTP2602684 MLS ⋅ ACTIVE Status
Relax, Sit Back󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 and Close your eyes. This Southern California Prime Coastal Beachside Property is what developmental dreams are truly made of. 11 Quintessential Carlsbad Beach Rentals on 2 contiguous lots equaling close to a 1/2 acre. With Grand Ocean Views and Located directly across from the Beach on The Boulevard. Situated in a prime location in a Mecca City that attracts the lifestyle of the Influential Elitist and all those desiring healthy Coastal Beach Living. This uniquely blended 1 of a kind property stands currently as a passive income investment. Money earned with minimal ongoing effort, just requiring an upfront investment of some time, money, and resources with the future reward of the huge developmental upside. Dont be shy, go all in and Build Your Dream. Brewery. Bodega. Boutique Hotel. Bistro Restaurant. Mixed use Commercial/Residential. Ask the City and they will tell you all this and more can be possible. This Carlsbad Village Real Estate Holding stands proudly close to the home of world renowned properties including the Beachside Tropical Oasis known as the Ocean Palms Beach Resort as well as Das Carlsbad Mineral Spa (Its aquifer water was historically declared "Most Healthful" by California state officials in 1991) plus Legoland California Resort and many more. Also on that local list of allure are Michelin starred Restaurants, the modern French Jeune et Jolie and Restaurant Lilo. All complimented by some of the best climatic weather and highly rated Sandy Beaches. This Phenomenal Real Estate Acquisition can be your new stepping stone to further your mon Relax, Sit Back and Close your eyes. This Southern California Prime Coastal Beachside Property is what developmental dreams are truly made of. 11 Quintessential Carlsbad Beach Rentals on 2 contiguous lots equaling close to a 1/2 acre. With Grand Ocean Views and Located directly across from the Beach on The Boulevard. Situated in a prime location in a Mecca City that attracts the lifestyle of the Influential Elitist and all those desiring healthy Coastal Beach Living. This uniquely blended 1 of a kind property stands currently as a passive income investment. Money earned with minimal ongoing effort, just requiring an upfront investment of some time, money, and resources with the future reward of the huge developmental upside. Dont be shy, go all in and Build Your Dream. Brewery. Bodega. Boutique Hotel. Bistro Restaurant. Mixed use Commercial/Residential. Ask the City and they will tell you all this and more can be possible. This Carlsbad Village Real Estate Holding stands proudly close to the home of world renowned properties including the Beachside Tropical Oasis known as the Ocean Palms Beach Resort as well as Das Carlsbad Mineral Spa (Its aquifer water was historically declared "Most Healthful" by California state officials in 1991) plus Legoland California Resort and many more. Also on that local list of allure are Michelin starred Restaurants, the modern French Jeune et Jolie and Restaurant Lilo. All complimented by some of the best climatic weather and highly rated Sandy Beaches. This Phenomenal Real Estate Acquisition can be your new stepping stone to further your monetary success to the next level and beyond. Inquire further for current financials, site plan layout and pro forma. **Agents and Buyers Note ** Sale includes 2 addresses and 2 separate APNs. There are 9 Real Property rental units and 2 Space Rentals with a 5th wheel and a mobile home that are staying. Year built and overall total square footage is an estimate. Built prior to the City of Carlsbads incorporation in 1952. The County of San Diego will be your best property history resource. But the City of Carlsbad is your best source for all future development possibilities. I have City Contacts to pass on to help you with the developmental investigation of this property. Units are older but have been maintained. Combining both lots puts it at the highest and best developmental designation : The Village and Barrio Master Plan. Property is Sold AS IS. Value is in the land and the beachside location with a gross income close to $18,000 monthly while you design and build. All tenants are month to month with a pro forma upside to rental income. There is One meter for all units including power, gas and water. Owner pays all common use utilities including sewer and trash. Do ALL your due diligence upfront and then come to the table with a smile and your checkbook. No FAFO. No extended lag time given, be ready to close. No LOIs. No seller JV or seller financing. Call your Banker or your Rich Uncle. Property interior features shown with a negotiable offer backed by superior financials. No Exceptions. See photos that includes rent role and unit descriptions.

3056-& 3162 Carlsbad Boulevard, Carlsbad

4638 & 4648 Ohio St, Normal Heights
$6,600,000
26 Beds ⋅ 22 Baths ⋅ 260021409 MLS ⋅ ACTIVE Status
We are pleased to present the "Ohio Villas," a 16-unit multifamily community located at 4638–4648 Ohio Street in San Diego, California. The property offers investors the opportunity to acquire a well-located, extensively renovated asset in the heart of North Park, one of San Diego’s most established urban rental markets. Built in 1980, the property features a diverse and highly functional unit mix comprised of six (6) one-bedroom/one-bathroom units averaging approximately 500 square feet, four (4) two-bedroom/one-bathroom units averaging approximately 750 square feet, four (4) two-bedroom/one-and-one-half-bathroom units averaging approximately 780 square feet, and two (2) two-bedroom/two-bathroom units averaging approximately 838 square feet, totaling approximately 10,796 rentable square feet. All 16 units have been upgraded with condo-quality finishes and thoughtful interior improvements. Each unit features a fireplace, as well as renovations including granite countertops, updated cabinetry, tile backsplashes, stainless steel appliances, tile flooring, in-unit washers and dryers, and glass shower enclosures. Each unit includes two off-street parking spaces, with 12 units also benefiting from a private single-car garage. Select units feature private patios or balconies, providing an additional amenity that is difficult to replicate in the surrounding rental market. The property's exterior has also been upgraded and features secure gated access, mature landscaping, dual-pane windows, and tasteful Spanish-style architectural details.

4638 & 4648 Ohio St, Normal Heights

4755 Felton St, Normal Heights
$6,700,000
19 Beds ⋅ 14 Baths ⋅ 260009432 MLS ⋅ ACTIVE Status
4755 Felton Street is a turnkey 14 unit multifamily investment opportunity located just North of Adams Avenue in the center of the desirable Normal Heights neighborhood of San Diego, California. Originally constructed in 1969 and fully renovated and upgraded in 2022, this attractive asset sits on a 9,419-square-foot lot and is comprised of approximately 9,932 square feet of building area. The property features a desirable and well-balanced unit mix consisting of (6) two-bedroom / one-bathroom units, (7) one-bedroom / one-bathroom units, and (1) studio unit, catering to an ideal tenant base. Additionally, there are (14) off-street parking spaces, (7) in the front and (7) in the rear off the alley. The property has undergone extensive exterior and interior renovations and upgrades including electrical, roof & windows, in-unit washer/dryers, wall air conditioning units, and dishwashers. Being just North of Adams Avenue, at the center of Normal Heights Business District, gives tenants convenient walkable access to all that Adams Avenue has to offer. Additionally, it offers quick easy access to Interstates 805, 15 and 8.

4755 Felton St, Normal Heights

7372-7376 Fay Ave, La Jolla
$6,795,000
8 Beds ⋅ 5 Baths ⋅ 260025796 MLS ⋅ ACTIVE Status ⋅ Na BLDG.
Three residences, ocean views and a La Jolla Village setting come together in this distinctive compound. Designed by award-winning architect Stephen Borow, the detached front house offers 4 bedrooms, 3 bathrooms and approximately 2,783 SF. A separate rear duplex adds two 2-bedroom, 1-bathroom residences and approximately 1,854 SF, for a combined 8 bedrooms, 5 bathrooms and approximately 4,637 SF. The main home's approximately 1,600 SF rooftop deck features ocean views, a fireplace, BBQ area and space to dine, lounge and entertain. Renovated interiors include concealed bedroom blackout shades, LED lighting, integrated speakers, heated bathroom floors and smart-home features. Each rear residence has its own entrance, kitchen and laundry; the upper residence enjoys ocean views. Access from Fay Avenue and Bishops Lane, six off-street parking spaces along Bishops Lane and EV charging add convenience. All three residences are currently set up for short-term rental use, subject to applicable requirements. All furniture and electronics are available for purchase with the property, subject to agreement. Preliminary lot-split planning has begun, providing a starting point for a new owner to continue the process and explore potential future value, subject to City approval. Enjoy proximity to beaches, restaurants, boutiques and galleries, with flexibility for a primary residence, extended family, guests, private offices or rental use. Discover a versatile La Jolla Village compound that combines a distinctive main residence with two separate living spaces in a detached rear duplex. The front house, designed by award-winning architect Stephen Borow, offers 4 bedrooms, 3 bathrooms and approximately 2,783 SF. The rear building contains two 2-bedroom, 1-bathroom residences totaling approximately 1,854 SF. Together, the property offers approximately 4,637 SF with 8 bedrooms and 5 bathrooms. The main residence pairs renovated interiors with an approximately 1,600 SF rooftop entertaining deck. Ocean views, a fireplace, BBQ area and room for dining and lounge seating create a setting for sunset gatherings and outdoor living. Interior upgrades include concealed bedroom blackout shades, LED lighting, integrated speakers, heated bathroom floors, camera surveillance and smart-home features. An attached garage, driveway access from Fay Avenue, patios and landscaped areas complement the home. The detached rear duplex offers independent access from Bishops Lane. Each residence has a separate entrance, its own kitchen and laundry, and renovated interiors with contemporary finishes. The upper residence enjoys ocean views. Six off-street parking spaces along Bishops Lane and EV charging add convenience to the compound. All three residences are currently set up for short-term rental use. All furniture and electronics are available for purchase along with the property, subject to agreement, giving buyers the option to acquire the existing furnished setup. Future rental use remains subject to applicable permits and requirements. The layout also supports a range of personal uses: a main residence with separate accommodations for extended family and guests, a coastal retreat with room for visiting households, or a combination of personal occupancy and rental use. The physical separation between the front home and rear building, along with the rear residences' individual kitchens, entrances and laundry facilities, allows occupants to maintain separate daily routines. Preliminary lot-split planning has already begun. A new owner can build on the work completed to date and continue pursuing the proposed split, subject to City requirements and approval. This provides an opportunity to explore potential future value beyond the property's existing configuration. With beaches, restaurants, boutiques and galleries nearby, the property offers a convenient base for enjoying La Jolla Village. The entire compound is offered together.

7372-7376 Fay Ave, La Jolla

1518 Rosecrans St, Point Loma (Pt Loma)
$6,800,000
24 Beds ⋅ 18 Baths ⋅ 260016900 MLS ⋅ ACTIVE Status
$700,000 Price Reduction! Loma Manor is an 18-unit apartment community located in the coastal neighborhood of Point Loma. The property features one-bedroom and two-bedroom floor plans, an on-site laundry facility, and well-maintained, professionally landscaped grounds. Residents enjoy a highly walkable location near restaurants, grocery stores, coffee shops, and neighborhood amenities, and are less than one mile from Liberty Station, offering approximately 360,000 square feet of premier retail, dining, office, and entertainment space. While the property has been well maintained, in-place rents remain below market. Current ownership has improved six of the 18 units. A new owner can significantly increase the current rents with a full interior and exterior renovation. Located near the waterfront, the property has historically maintained strong occupancy and benefits from Point Loma's desirable coastal lifestyle, scenic bay views, nearby marinas, and major employment centers, including the U.S. Navy. Loma Manor Apartments offers a rare opportunity to acquire a well located coastal multifamily asset with meaningful value-add potential in one of San Diego's most desirable and supply-constrained submarkets.

1518 Rosecrans St, Point Loma (Pt Loma)

4364-4372 Alabama St, North Park
$6,850,000
PTP2607236 MLS ⋅ ACTIVE Status
Regal Properties is󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 pleased to present 43644372 Alabama Street, a 13-unit apartment property where North Park, University Heights and Hillcrest meet. It combines 9 newly built units, completed in May 2026, with 4 well-kept 2BR/1BA residences on one parcel, for a total of about 9,840 rentable SF. The new building has two 1BR/1BA and seven 2BR/2BA floor plans with modern finishes, in-unit laundry / central AC. Location is the story. The property sits at the crossroads of three of San Diego's most sought-after urban neighborhoods. Residents can walk to the restaurants, coffee shops, breweries and nightlife along 30th Street, Adams Ave, Park Boulevard and El Cajon. The area has some of the highest walkability in the city, and El Cajon Boulevard's Rapid bus line connects to Downtown and the rest of Mid-City. Major employers are minutes away, including UC San Diego HealthHillcrest, Scripps Mercy Hospital and the surrounding medical offices, plus Downtown, Mission Valley and Balboa Park. Making it an ideal place for professionals who want to live near where they work. A new-construction asset in an infill location with very little land for new building, offering stable in-place income and rent growth through lease-up. New construction and cost segregation benefits. Regal Properties is pleased to present 43644372 Alabama Street, a 13-unit apartment property where North Park, University Heights and Hillcrest meet. It combines 9 newly built units, completed in May 2026, with 4 well-kept 2BR/1BA residences on one parcel, for a total of about 9,840 rentable SF. The new building has two 1BR/1BA and seven 2BR/2BA floor plans with modern finishes, in-unit laundry / central AC. Location is the story. The property sits at the crossroads of three of San Diego's most sought-after urban neighborhoods. Residents can walk to the restaurants, coffee shops, breweries and nightlife along 30th Street, Adams Ave, Park Boulevard and El Cajon. The area has some of the highest walkability in the city, and El Cajon Boulevard's Rapid bus line connects to Downtown and the rest of Mid-City. Major employers are minutes away, including UC San Diego HealthHillcrest, Scripps Mercy Hospital and the surrounding medical offices, plus Downtown, Mission Valley and Balboa Park. Making it an ideal place for professionals who want to live near where they work. A new-construction asset in an infill location with very little land for new building, offering stable in-place income and rent growth through lease-up. New construction and cost segregation benefits.

4364-4372 Alabama St, North Park

3167 Landis, North Park
$6,895,000
16 Beds ⋅ 16 Baths ⋅ 260025696 MLS ⋅ ACTIVE Status
We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community located in the heart of North Park, one of San Diego’s most vibrant and desirable rental markets. This gated property has undergone an extensive renovation down to the studs, resulting in a high-quality, turnkey asset featuring modern finishes throughout. Each apartment includes in-unit laundry, ductless air conditioning, and thoughtfully designed interiors that offer residents the comfort and convenience expected in today’s rental market. The property also benefits from assigned parking and abundant off-street parking, a rare amenity in this highly walkable neighborhood. A spacious central courtyard and common area creates an inviting environment for outdoor living and encourages a sense of community among residents. Situated just moments from the restaurants, cafes, and entertainment that define North Park, the property offers tenants exceptional access to neighborhood amenities while maintaining a quiet residential setting. Nearby schools such as Our Lady of Peace, McKinley Elementary, and St. Augustine High School further enhance the property’s appeal to a diverse tenant base. With excellent curb appeal, a premier location, and strong income potential, 3167 Landis Street presents a rare opportunity for investors to acquire a fully renovated, stabilized asset in one of San Diego’s most established and supply-constrained urban neighborhoods.

3167 Landis, North Park

20-22 S 33rd St, Logan Heights
$6,900,000
441 Beds ⋅ 441 Baths ⋅ 260024136 MLS ⋅ ACTIVE Status
Steel Street Residences󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 presents a rare opportunity to acquire a brand-new 21-unit multifamily asset in central San Diego, offered at $6,900,000. Targeted for completion in late October to early November 2026, the project consists of two three-story buildings totaling approx. 7,668 SF on a 6,492 SF site. The mix includes nine 432 SF 1BR/1BA units, eight 315 SF 1BR/1BA units and four 315 SF studios. Every residence is planned with its own stacked washer/dryer, ductless mini-split HVAC, individual heat-pump water heater, refrigerator, range, dishwasher and disposal—high-demand features that distinguish this new construction from much of the surrounding rental inventory. Nine units are subject to recorded SDHC affordability requirements (2 at 50% AMI and 7 at 110% AMI); buyer to review and verify all applicable restrictions and qualification requirements. Located at 20–22 S. 33rd Street, the property offers exceptional access to Downtown San Diego, Naval Base San Diego and major transportation corridors including I-5, I-15 and SR-94. Public water/sewer, individual water submeters, NFPA 13 fire sprinklers and contemporary low-maintenance construction support efficient operations. Street parking only; no onsite stalls are planned. This is a compelling and unique opportunity to acquire newly built San Diego multifamily with strong renter amenities and a highly connected urban location.

20-22 S 33rd St, Logan Heights

200-2 Neptune, Encinitas
$6,995,000
6 Beds ⋅ 5 Baths ⋅ 260008804 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
Oceanfront legacy meets massive equity opportunity on the premier south end of Neptune Ave, just steps from the heartbeat of downtown Encinitas. This prime location offers a lifestyle defined by immediate proximity to boutiques, award-winning dining, world-class surf breaks, local coffee roasters, and miles of sandy beaches. The expansive estate spans from the ocean waves to Neptune Ave, offering over 6,800 square feet of high-volume interior space along with a guest house. The property’s incredible scale represents a premier land-banking opportunity in one of the coast’s most coveted locations. With soaring vaulted ceilings, a rare 5-car garage, and a footprint designed for a world-class legacy compound, the infrastructure is perfectly positioned for the visionary buyer. Capitalize on this long-term appreciation holding while reimagining an architectural canvas into a record-setting coastal masterpiece. Some images in this listing have been generated using artificial intelligence for illustrative purposes. Actual property conditions differ. Actual images have been included in this listing.

200-2 Neptune, Encinitas

8969 Grossmont Blvd, La Mesa
$6,995,000
34 Beds ⋅ 22 Baths ⋅ 260016931 MLS ⋅ ACTIVE Status
$500,000 Price Reduction!󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1-bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket. Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset. The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

8969 Grossmont Blvd, La Mesa

1420-22 Pacific Beach Dr, Pacific Beach/Mission Beach
$7,295,000
24 Beds ⋅ 19 Baths ⋅ 260008659 MLS ⋅ ACTIVE Status
We are pleased󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 to present 1420-1422 Pacific Beach Drive, a boutique townhome-style multifamily community ideally located in the heart of Pacific Beach, one of San Diego’s highly coveted coastal rental markets. Nestled near Mission Bay and just minutes from the beach, the property offers residents a premier coastal lifestyle with convenient access to dining, retail, and outdoor recreation. The property consists of eight spacious three-bedroom townhome residences, featuring a mix of three-bedroom/two-and-a-half-bathroom and three-bedroom/three-bathroom layouts. These highly sought-after larger-format units are highly desirable and cater to a wide range of tenants, including professionals and families. The townhome-style design enhances privacy and livability, supporting strong occupancy and long-term rental stability. In addition to its strong in-place fundamentals, the property presents a unique value-enhancement opportunity through commercial condominium mapping, allowing a future owner to potentially subdivide the asset into individual units for separate resale. This strategy provides flexibility to partition the property into smaller, more marketable investments, often achieving a higher aggregate value compared to a traditional bulk sale. Located along the well known Pacific Beach Drive, the property provides immediate access to Mission Bay, the Pacific Ocean, and the vibrant Pacific Beach commercial corridor, known for its restaurants, cafés, nightlife, and recreational amenities. With close proximity to major employment hubs and easy access to key transportation. ***

1420-22 Pacific Beach Dr, Pacific Beach/Mission Beach

3167 Landis St, North Park
$7,494,000
16 Beds ⋅ 16 Baths ⋅ 260005484 MLS ⋅ ACTIVE Status
We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community located in the heart of North Park, one of San Diego’s most vibrant and desirable rental markets. This gated property has undergone an extensive renovation down to the studs, resulting in a high-quality, turnkey asset featuring modern finishes throughout. Each apartment includes in-unit laundry, ductless air conditioning, and thoughtfully designed interiors that offer residents the comfort and convenience expected in today’s rental market. The property also benefits from assigned parking and abundant off-street parking, a rare amenity in this highly walkable neighborhood. A spacious central courtyard and common area creates an inviting environment for outdoor living and encourages a sense of community among residents. Situated just moments from the restaurants, cafes, and entertainment that define North Park, the property offers tenants exceptional access to neighborhood amenities while maintaining a quiet residential setting. Nearby schools such as Our Lady of Peace, McKinley Elementary, and St. Augustine High School further enhance the property’s appeal to a diverse tenant base. With excellent curb appeal, a premier location, and strong income potential, 3167 Landis Street presents a rare opportunity for investors to acquire a fully renovated, stabilized asset in one of San Diego’s most established and supply-constrained urban neighborhoods.

3167 Landis St, North Park

4015 Richmond, Mission Hills
$7,950,000
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

2470 C St, Golden Hill
$8,200,000
33 Beds ⋅ 33 Baths ⋅ 260022608 MLS ⋅ ACTIVE Status
We are pleased to present Golden View, a 28-unit multifamily community located at 2470 C Street in San Diego, CA. Situated on approximately 0.33 acres in the heart of Golden Hill, the property offers investors the opportunity to acquire a well-located apartment asset in one of San Diego’s most established, walkable, and centrally positioned urban submarkets. Golden View features a diversified unit mix of studio, one-bedroom, and two-bedroom floorplans totaling approximately 21,546 rentable square feet. The unit mix includes three (3) studio units averaging 442 square feet, fifteen (15) one-bedroom/one-bathroom units averaging 765 square feet, one (1) two-bedroom/one-and-a-half-bathroom unit at 832 square feet, eight (8) two-bedroom/two-bathroom units averaging 862 square feet, and one (1) large non-conforming studio unit at 1,017 square feet. The property’s varied floorplan offering supports broad renter appeal, while select spacious units feature bright kitchens with stainless steel appliances, generous closet space, secured access, elevator service, on-site laundry, and assigned parking. Ideally positioned just east of Downtown San Diego, Golden View places residents near Balboa Park, San Diego City College, major freeways, and a wide range of dining, nightlife, shopping, and entertainment venues. The property combines convenient access to San Diego’s major employment and lifestyle destinations with the neighborhood character and walkability that continue to drive renter demand in Golden Hill. With its central location, meaningful scale, diversified unit mix.

2470 C St, Golden Hill

628 W California Ave, Vista
$8,300,000
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

8694 Lemon Ave, La Mesa
$8,750,000
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

307 Sycamore, San Ysidro
$8,950,000
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

6701 Kelly, Linda Vista
$8,975,000
55 Beds ⋅ OC26221659 MLS ⋅ ACTIVE Status
WD Land is pleased to present the opportunity to acquire The Kelly, a 27-unit multifamily community at 6701 Kelly Street in Linda Vista, one of central San Diegos most accessible neighborhoods. Originally constructed in 1941, the property underwent a comprehensive gut renovation in 2022 that delivered new interiors, new windows, a new roof, plumbing upgrades and new electrical, positioning the asset as turnkey product for its next owner. The offering is composed of 12 townhome units, 12 apartment units, a duplex and an ADU on a 45,738 SF (1.05-acre) parcel with 56 on-site surface parking spaces, a 2.07-per-unit ratio. The mix spans three one-bedroom, eight two-bedroom/one-bath, twelve two-bedroom/two-bath and four three-bedroom homes, giving the property depth across household sizes. Renovated interiors feature quartz countertops, white shaker cabinetry, stainless steel appliances, wide-plank flooring, ceiling fans and refreshed tiled baths. At the offering price of $8,975,000 ($332,407 per unit and $357.57 per SF), the property delivers a 6.08% cap rate on in-place income and 6.43% at market rents, at a 10.35 gross rent multiplier. Modeled with 30% down at a 6.00% interest rate, in-place income covers debt service at 1.21x and produces a 3.5% cash-on-cash return, rising to 1.28x and 4.7% at market. With the major capital work behind it, ownership can focus on operations rather than construction. RUBS utility reimbursement, laundry and pet rent income are in place, and the market scenario identifies further savings in trash service and property management. Linda Vistas cent WD Land is pleased to present the opportunity to acquire The Kelly, a 27-unit multifamily community at 6701 Kelly Street in Linda Vista, one of central San Diegos most accessible neighborhoods. Originally constructed in 1941, the property underwent a comprehensive gut renovation in 2022 that delivered new interiors, new windows, a new roof, plumbing upgrades and new electrical, positioning the asset as turnkey product for its next owner. The offering is composed of 12 townhome units, 12 apartment units, a duplex and an ADU on a 45,738 SF (1.05-acre) parcel with 56 on-site surface parking spaces, a 2.07-per-unit ratio. The mix spans three one-bedroom, eight two-bedroom/one-bath, twelve two-bedroom/two-bath and four three-bedroom homes, giving the property depth across household sizes. Renovated interiors feature quartz countertops, white shaker cabinetry, stainless steel appliances, wide-plank flooring, ceiling fans and refreshed tiled baths. At the offering price of $8,975,000 ($332,407 per unit and $357.57 per SF), the property delivers a 6.08% cap rate on in-place income and 6.43% at market rents, at a 10.35 gross rent multiplier. Modeled with 30% down at a 6.00% interest rate, in-place income covers debt service at 1.21x and produces a 3.5% cash-on-cash return, rising to 1.28x and 4.7% at market. With the major capital work behind it, ownership can focus on operations rather than construction. RUBS utility reimbursement, laundry and pet rent income are in place, and the market scenario identifies further savings in trash service and property management. Linda Vistas central position between Mission Valley, Kearny Mesa and the University of San Diego, with direct access to I-805, SR-163 and I-8, supports durable renter demand. The Kelly offers 1031 exchange buyers, private capital and long-term holders a renovated, income-producing asset at scale in the urban core

6701 Kelly, Linda Vista

330 S Horne St, Oceanside
$8,995,000
5 Beds ⋅ 5 Baths ⋅ PTP2606755 MLS ⋅ ACTIVE Status
$500k Price Reduction for a quick sale! 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 asset currently generates $667,819 in Gross Scheduled Income and $446,186 in NOI, yielding a 4.96% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $475,327, producing a 5.28% pro forma cap rate. 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 w $500k Price Reduction for a quick sale! 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 asset currently generates $667,819 in Gross Scheduled Income and $446,186 in NOI, yielding a 4.96% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $475,327, producing a 5.28% pro forma cap rate. 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.

330 S Horne St, Oceanside

150 Walnut, Carlsbad
$8,995,000
16 Beds ⋅ 15 Baths ⋅ 260022479 MLS ⋅ ACTIVE Status
We are proud to present The Beach Palms Carlsbad, a luxury vacation rental property. Currently operating and permitted as a vacation rental property, the potential buyer can continue to reap the increased revenue from the vacation rental business or convert it back to long-term luxury furnished apartments and/or corporate rentals. The owners completely renovated the interiors and common area with the latest luxurious amenities that guests come to expect. They also transformed the large courtyard into a tropical oasis where guests can go to unwind and relax, have a BBQ or spend time with friends and family. Located across the street from pristine Carlsbad Beach. Walking distance to fine dining, shopping, galleries,  and entertainment in Carlsbad Village. The property has two 2-story low-rise buildings that include a total of 8 units. The South building has six 2- bedroom units, and the north building has one 1-bedroom unit and one 3-bedroom unit. A laundry room is located inside the courtyard, equipped with two complimentary washers/dryers and laundry detergent. No expense was spared on the total renovation of this property. It will be sold with all the furnishings and electronics.  In addition, the rear carport and attached office could be rebuilt as an ADU, whereby a 9th unit could be added above the carport, entering through the current office, which would be reduced in size to support the stairs.

150 Walnut, Carlsbad

4017 42nd St, East San Diego
$8,995,000
26 Baths ⋅ 260024168 MLS ⋅ ACTIVE Status
Rare investment opportunity󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 featuring a $49,440/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

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