VA Approved San Diego Multifamily Homes over $2 Million

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VA Approved San Diego Multifamily Homes over $2 Million

$2,050,000
8 Beds 4 Baths PTP2602984 MLS ACTIVE Status
Ideally situated in the highly desirable Golden Hill neighborhood of San Diego, just minutes from the entrance to the 94 freeway, this well-maintained multi-unit property offers both convenience and strong income potential. Each unit features a consistent, functional layout (model match), with Unit 4 offering an expanded private patio, adding additional tenant appeal. The property has been thoughtfully upgraded, including modernized kitchens and bathrooms, updated electrical and plumbing systems, and efficient wall heaters and mini split AC units. Additional highlights include: on-site laundry providing extra income, two parking spaces per unit (highly desirable in this area), private storage lockers for each unit and renovated in 2017. The current tenants currently cover the majority of operating expenses, resulting in extremely low monthly ownership costs and strong net income potential. Please note Unit # for Unit 1: 1103 Unit # for Unit 2: 1105 Unit # for Unit 3: 1115 Unit # for Unit 4: 1117 Ideally situated in the highly desirable Golden Hill neighborhood of San Diego, just minutes from the entrance to the 94 freeway, this well-maintained multi-unit property offers both convenience and strong income potential. Each unit features a consistent, functional layout (model match), with Unit 4 offering an expanded private patio, adding additional tenant appeal. The property has been thoughtfully upgraded, including modernized kitchens and bathrooms, updated electrical and plumbing systems, and efficient wall heaters and mini split AC units. Additional highlights include: on-site laundry providing extra income, two parking spaces per unit (highly desirable in this area), private storage lockers for each unit and renovated in 2017. The current tenants currently cover the majority of operating expenses, resulting in extremely low monthly ownership costs and strong net income potential. Please note Unit # for Unit 1: 1103 Unit # for Unit 2: 1105 Unit # for Unit 3: 1115 Unit # for Unit 4: 1117

1103 33rd St, Golden Hill

$2,100,000
8 Beds 6 Baths 260010007 MLS ACTIVE Status 47th Street Apartments BLDG.
Welcome to a rare, turnkey 4-unit opportunity in the heart of Fairmount Village, where modern design meets smart investment potential. Property has 5.45% Cap Rate, 15.53 GRM, $525,00 a door at $662 SF. Every unit comes with parking with a 1 to 1 parking ratio. Property owner only expenses are taxes, insurance, and trash. Anchoring the property is a beautifully reimagined front home offering 1,198 SF of stylish living space and its own exclusive-use private yard—a true standout feature that feels like a single-family retreat. Fully remodeled from top to bottom, this residence showcases luxury vinyl plank flooring, brand-new dual-pane windows, a new roof, and a thoughtfully designed kitchen and bathrooms that blend clean, contemporary finishes with everyday functionality. Tucked behind, three newly constructed units deliver the ultimate in low-maintenance, high-demand living. The unit mix includes two 1-bedroom residences and a spacious 3-bedroom home with a versatile layout—featuring one bedroom and full bath on the main level, and two additional bedrooms and a bath upstairs—ideal for multi-generational living or maximizing rental flexibility. Each unit is equipped with its own split HVAC system, in-unit washer and dryer, and assigned off-street parking, offering comfort and convenience that today’s tenants and owners expect. All the heavy lifting has been done—new construction, major system upgrades, and modern finishes—so you can step right into a seamless ownership experience. Located in Fairmount Village neighborhood of East San Diego, minutes from downtown San Diego.

3546-3552 47th St, East San Diego

$2,100,000
NDP2605538 MLS ACTIVE Status
LET YOU DREAM BUSINESS BEGIN IN LEUCADIA MINUTES TO THE SAND Rarely available in North Leucadia, this exceptional property offers 8,000+ sq. ft. of highly usable, buildable land with endless possibilities for expansion, redevelopment, or creating your dream coastal compound. The property currently features two income-producing studio units, providing immediate cash flow while you plan for the future. Located just minutes from beaches, restaurants, and the vibrant Leucadia lifestyle, this is a unique opportunity to secure valuable coastal real estate with both current income and outstanding upside potential. Leucaadia is one of the top 10 most desirable communities in all of San Diego County. Build. Invest. Dream. Leucadia awaits. LET YOU DREAM BUSINESS BEGIN IN LEUCADIA MINUTES TO THE SAND Rarely available in North Leucadia, this exceptional property offers 8,000+ sq. ft. of highly usable, buildable land with endless possibilities for expansion, redevelopment, or creating your dream coastal compound. The property currently features two income-producing studio units, providing immediate cash flow while you plan for the future. Located just minutes from beaches, restaurants, and the vibrant Leucadia lifestyle, this is a unique opportunity to secure valuable coastal real estate with both current income and outstanding upside potential. Leucaadia is one of the top 10 most desirable communities in all of San Diego County. Build. Invest. Dream. Leucadia awaits.

1524 N Coast Hwy 101, Encinitas

$2,100,000
6 Beds 4 Baths 260018949 MLS ACTIVE Status Burgundy Bungalow BLDG.
Exceptional, fully renovated triplex in the heart of Point Loma offering the perfect blend of luxury, flexibility, and proven income potential. Currently operating as a successful and profitable Airbnb, this turnkey property is an outstanding opportunity for investors or owner-occupants alike. Every detail has been thoughtfully redesigned with no expense spared, featuring beautifully updated kitchens, spa-inspired bathrooms, stylish flooring, and high-end finishes throughout. Owned solar panels and no deferred maintenance provide low-maintenance, cost-efficient ownership from day one. Each residence includes quartz countertops, stainless steel appliances, updated cabinetry, and contemporary finishes. Unit A offers 4 bedrooms, 2 bathrooms, central A/C, and a spacious open layout ideal for owner occupancy or premium rental income. Unit B features 2 bedrooms, 1 bathroom, and mini-split systems in each bedroom for personalized comfort. Unit C is a charming studio with 1 bathroom, perfect for guests or additional rental income. The shared outdoor space includes a fire pit and jacuzzi, creating the perfect setting to relax or entertain. Just minutes from the beach, Sunset Cliffs, popular restaurants, boutique shopping, and everything Ocean Beach has to offer, this rare multifamily property delivers modern upgrades, exceptional flexibility, strong income potential, and an unbeatable coastal lifestyle in one of San Diego's most desirable beach communities. Exceptional, fully renovated triplex in the heart of Point Loma offering the perfect blend of luxury, flexibility, and income potential. Every detail has been thoughtfully redesigned with no expense spared—from the beautifully appointed kitchens and spa-inspired bathrooms to the high-end finishes throughout. With owned solar panels and no deferred maintenance, this turnkey property is ready to enjoy from day one. Currently operating as a successful and profitable Airbnb, this turnkey investment offers immediate income potential while also providing exceptional flexibility for future use. Whether you're an investor seeking a high-performing short-term rental or an owner-occupant looking to offset your mortgage by renting the additional units, this property is an outstanding opportunity. Each residence features designer kitchens with quartz countertops, stainless steel appliances, updated cabinetry, modern bathrooms, stylish flooring, and fresh contemporary finishes. Unit A offers 4 bedrooms, 2 bathrooms, central A/C, and a spacious open-concept layout ideal for owner occupancy or premium rental income. Unit B features 2 bedrooms, 1 bathroom, and individual mini-split systems in each bedroom for personalized comfort. Unit C is a charming studio with 1 bathroom, perfect for guests, long-term tenants, or additional rental income. The shared outdoor space creates an inviting extension of the property with a fire pit and jacuzzi, providing the perfect setting to relax or entertain. Ideally located just minutes from the beach, Sunset Cliffs, local restaurants, boutique shopping, and all that Ocean Beach has to offer, this rare multifamily opportunity combines modern upgrades, proven income potential, low-maintenance ownership, and an unbeatable coastal lifestyle in one of San Diego's most sought-after neighborhoods.

1988 Catalina A, B, C, Point Loma (Pt Loma)

$2,149,000
8 Beds 8 Baths PW26070091 MLS ACTIVE Status
Built in 2025, this upgraded multifamily property features all four 2-bedroom, 2-bathroom units across two separate buildings on a large lot. Designed for low maintenance, each unit offers modern finishes including 9' & 10' ceilings, Milgard windows, central A/C, stainless steel appliances, tankless water heaters, in-unit laundry and private outdoor storage. The property has 8 on-site parking spaces with 4 steel carports, individually metered for gas and electric and sub-metered water to help reduce operating expenses. Both upstairs units have large balconies, while the downstairs enjoy covered patios opening to the back yard. Centrally located near Downtown Escondido provides easy access to shopping, restaurants, breweries, wineries and San Diego Zoo Safari Park. This fully leased, turnkey asset is an excellent opportunity for investors seeking strong cash flow with minimal maintenance! Extra buyer incentives may applycall for details. Built in 2025, this upgraded multifamily property features all four 2-bedroom, 2-bathroom units across two separate buildings on a large lot. Designed for low maintenance, each unit offers modern finishes including 9' & 10' ceilings, Milgard windows, central A/C, stainless steel appliances, tankless water heaters, in-unit laundry and private outdoor storage. The property has 8 on-site parking spaces with 4 steel carports, individually metered for gas and electric and sub-metered water to help reduce operating expenses. Both upstairs units have large balconies, while the downstairs enjoy covered patios opening to the back yard. Centrally located near Downtown Escondido provides easy access to shopping, restaurants, breweries, wineries and San Diego Zoo Safari Park. This fully leased, turnkey asset is an excellent opportunity for investors seeking strong cash flow with minimal maintenance! Extra buyer incentives may applycall for details.

630 N Juniper St, Escondido

$2,195,000
9 Beds 2 Baths OC26074658 MLS ACTIVE Status
Extremely rare to the market, this updated multi-generational residence at 426 Grant Street in Oceanside offers exceptional scale, flexibility, and coastal proximity just blocks from downtown and under a mile to the beach and pier. With 9 bedrooms and 6 bathrooms, the home is thoughtfully designed to accommodate a variety of living arrangements, from extended family living to income-producing opportunities. The property has been expanded and updated, creating a layout that allows for both connection and separation, with multiple private entrances providing flexibility for independent living spaces while maintaining a cohesive overall design. The interiors reflect a clean, refreshed aesthetic with stainless steel appliances, granite countertops, custom tile work, recessed lighting, and updated bathrooms. Designed with functionality in mind, the home supports everyday living across multiple zones, offering versatility for multi-generational households, guest accommodations, or rental potential. Additional features include a private balcony and two attached 2-car garages providing ample parking and storage, a rare offering for a property of this scale in such a central location. Set within one of Oceansides most connected coastal neighborhoods, moments from restaurants, shops, transit, and the energy of downtown, this property offers a unique opportunity to own a spacious, adaptable residence in a location that continues to see strong demand and growth. Extremely rare to the market, this updated multi-generational residence at 426 Grant Street in Oceanside offers exceptional scale, flexibility, and coastal proximity just blocks from downtown and under a mile to the beach and pier. With 9 bedrooms and 6 bathrooms, the home is thoughtfully designed to accommodate a variety of living arrangements, from extended family living to income-producing opportunities. The property has been expanded and updated, creating a layout that allows for both connection and separation, with multiple private entrances providing flexibility for independent living spaces while maintaining a cohesive overall design. The interiors reflect a clean, refreshed aesthetic with stainless steel appliances, granite countertops, custom tile work, recessed lighting, and updated bathrooms. Designed with functionality in mind, the home supports everyday living across multiple zones, offering versatility for multi-generational households, guest accommodations, or rental potential. Additional features include a private balcony and two attached 2-car garages providing ample parking and storage, a rare offering for a property of this scale in such a central location. Set within one of Oceansides most connected coastal neighborhoods, moments from restaurants, shops, transit, and the energy of downtown, this property offers a unique opportunity to own a spacious, adaptable residence in a location that continues to see strong demand and growth.

426 Grant St, Oceanside

$2,195,000
4 Beds 3 Baths OC26115020 MLS ACTIVE Status
Location, Location, Location in Famous Mission Beach. Only Two (2) parcels from the soft sandy beach with gentle ocean breeze. Absentee owners will sell this triplex with old world charm, knotty wood paneling and hard wood floors. All beach amenities are close by. Upstairs contains 2 BD and 1 BTH. Down are 2 units with 1 BED and 1BTH and a court yard. Includes a 2.5 Garage space, plus common laundry area. Additional parking across the street. Some upgrades have been made. Property is being sold in AS IS condition. Currently leased to a Tenant with hard to come-by short term rental license (i.e. Airbnb). Has development potential. Seller requires an exchange at no cost to Buyer. Do not disturb Tenant. Call for additional information. One of the owners is a licensed agent. Listing Broker has an interest in the property. Location, Location, Location in Famous Mission Beach. Only Two (2) parcels from the soft sandy beach with gentle ocean breeze. Absentee owners will sell this triplex with old world charm, knotty wood paneling and hard wood floors. All beach amenities are close by. Upstairs contains 2 BD and 1 BTH. Down are 2 units with 1 BED and 1BTH and a court yard. Includes a 2.5 Garage space, plus common laundry area. Additional parking across the street. Some upgrades have been made. Property is being sold in AS IS condition. Currently leased to a Tenant with hard to come-by short term rental license (i.e. Airbnb). Has development potential. Seller requires an exchange at no cost to Buyer. Do not disturb Tenant. Call for additional information. One of the owners is a licensed agent. Listing Broker has an interest in the property.

3528 Mission, Pacific Beach/Mission Beach

$2,195,000
5 Beds 4 Baths PTP2604303 MLS ACTIVE Status
Discover 3492 Bayside Lane, a fully furnished 5-bedroom, 4-bathroom duplex in the heart of Mission Beach. The downstairs unit at 815 El Carmel Place offers 3 bedrooms, 2 bathrooms, and a spacious stamped concrete front patio, while the upstairs unit features 2 bedrooms, 2 bathrooms, including separate master suites with en-suite baths and a private outdoor patio. Additional perks include in-unit laundry and attached garage parking for one small to medium car for Each unit. The home also features 2 separate addresses, 2water meters/2Gas Meters for easy rental. Just steps from Mission Bay and a short walk to the Pacific Ocean, enjoy easy access to restaurants, shops, water sports, Belmont Park, and SeaWorld. Ideal for owner-occupants, live in one unit and rent the other; the property operates as a STR during summer and long-term rental the rest of the yearperfect for maximizing income in this prime beachside location. Discover 3492 Bayside Lane, a fully furnished 5-bedroom, 4-bathroom duplex in the heart of Mission Beach. The downstairs unit at 815 El Carmel Place offers 3 bedrooms, 2 bathrooms, and a spacious stamped concrete front patio, while the upstairs unit features 2 bedrooms, 2 bathrooms, including separate master suites with en-suite baths and a private outdoor patio. Additional perks include in-unit laundry and attached garage parking for one small to medium car for Each unit. The home also features 2 separate addresses, 2water meters/2Gas Meters for easy rental. Just steps from Mission Bay and a short walk to the Pacific Ocean, enjoy easy access to restaurants, shops, water sports, Belmont Park, and SeaWorld. Ideal for owner-occupants, live in one unit and rent the other; the property operates as a STR during summer and long-term rental the rest of the yearperfect for maximizing income in this prime beachside location.

3492 Bayside Ln, Pacific Beach/Mission Beach

$2,195,000
NDP2605650 MLS ACTIVE Status
Prime Little Italy location with incredible rental income potential. This rarely available and highly sought after Johnathan Segal detached Row Home offers 2-units, plus a garage and a separate loft unit above the garage. Located in the heart of Little Italy with the vibrant culture, restaurants, bars, shops and more just round the corner, yet this gem still provides privacy and a common space/greenbelt to enjoy. No HOA or Mello Roos. The possibilities are endless, live in one, rent out the others; use as short-term rentals; or use the entire property for yourself. No short-term rental restrictions, just apply for the permit. The main space (unit A) offers the most square footage with huge windows that flood with natural light, 1 bedroom + an office space, 1.5 baths, projector screen TV, multiple balconies and an amazing rooftop deck with city and bay views. The bottom unit (Unit B) features 1 bedroom/1 bath and a spacious private patio, perfect for entertaining. (A & B can easily return to original layout). There is also a detached garage with a separate loft above, both offering tons of additional potentialrentals, office, room for guests, etc. Currently generates approx. $9655 in monthly income. *Seller is open to Seller Financing* See confidential remarks for more information. Buyer and buyers agent to verify all in MLS prior to COE. Prime Little Italy location with incredible rental income potential. This rarely available and highly sought after Johnathan Segal detached Row Home offers 2-units, plus a garage and a separate loft unit above the garage. Located in the heart of Little Italy with the vibrant culture, restaurants, bars, shops and more just round the corner, yet this gem still provides privacy and a common space/greenbelt to enjoy. No HOA or Mello Roos. The possibilities are endless, live in one, rent out the others; use as short-term rentals; or use the entire property for yourself. No short-term rental restrictions, just apply for the permit. The main space (unit A) offers the most square footage with huge windows that flood with natural light, 1 bedroom + an office space, 1.5 baths, projector screen TV, multiple balconies and an amazing rooftop deck with city and bay views. The bottom unit (Unit B) features 1 bedroom/1 bath and a spacious private patio, perfect for entertaining. (A & B can easily return to original layout). There is also a detached garage with a separate loft above, both offering tons of additional potentialrentals, office, room for guests, etc. Currently generates approx. $9655 in monthly income. *Seller is open to Seller Financing* See confidential remarks for more information. Buyer and buyers agent to verify all in MLS prior to COE.

1535 Kettner Blvd, Downtown

$2,199,000
5 Beds 4 Baths 260016994 MLS ACTIVE Status 2911-15 Kalmia BLDG.
Nestled on a desirable street in the heart of South Park with second-story views of Downtown San Diego. Just minutes from Balboa Park and the world famous San Diego Zoo, 2911-15 Kalmia St offers a rare combination of timeless charm, thoughtful modern updates, and exceptional versatility. The main residence features 4 bed, 2.5 bath, and approximately 2,300 sqft of beautifully designed living space. Tastefully remodeled while preserving its original character, the home showcases energy efficient windows, central heating and air conditioning, and a solar system with 41 panels that power both homes plus an EV charger, delivering year round comfort and impressive energy savings. Period details, warm architectural touches, and a charming gazebo covered patio create inviting spaces for everyday living and entertaining. Privately situated on the property is a recently remodeled detached 1 bed, 1 bath guest house of approximately 520 sqft, providing the perfect space for extended family, overnight guests, a private home office, or independent living. With alley access and a generous 6,966 sqft lot, the property offers flexibility for a variety of lifestyles while still presenting future income or ownership possibilities. Located just moments from South Park's beloved cafes, restaurants, boutiques, and neighborhood parks offering golf, tennis, swimming, and baseball, this is a rare opportunity to own a beautifully maintained home that blends historic character with modern efficiency in one of San Diego's most soughtafter communities.

2911-15 Kalmia St, North Park

$2,200,000
4 Beds 3 Baths 260019689 MLS ACTIVE Status
Discover a truly unique 2-on-1 property in a wonderful Hillcrest location, just a few blocks north of Balboa Park. Offering two single-family homes on one property that is ideally situated within walking distance of the zoo, museums, theaters, restaurants, and an abundance of walking, hiking, and biking trails. The spacious front home showcases old-world Spanish-style charm. Inside, beautiful hardwood floors and exquisite gumwood woodwork create a warm and inviting atmosphere. The dining room features a stunning built-in buffet, while the living room offers a charming fireplace and coved ceilings. The generously sized primary bedroom includes two closets, and a versatile breakfast nook/office provides additional functional space. The remodeled kitchen features self-closing maple cabinetry, granite countertops, subway tile backsplash, and stainless-steel appliances. Additional amenities include a dedicated laundry room with washer and dryer, tankless water heater, central heating and air conditioning, a private patio, and a fenced yard. The second residence is a beautiful and spacious mid-century retreat offering 2 bedrooms and 1.5 bathrooms. Floor-to-ceiling windows in the living room, dining room, and primary bedroom fill the home with natural light and overlook a large, private patio, creating a seamless connection between indoor and outdoor living. The inviting living room features a striking stone fireplace, while porcelain tiles floors extend throughout the home. Central heating and air, a washer/dryer, and an attached two-car garage add comfort and convenience. With two distinctive homes, private outdoor spaces, and a prime Hillcrest location just minutes from Balboa Park and some of San Diego’s best cultural, dining, and recreational attractions, this exceptional property offers flexibility and character that is truly hard to find.

1631-1633 Cypress Ave, Mission Hills

$2,200,000
5 Beds 4 Baths PTP2606289 MLS ACTIVE Status
Excellent opportunity to acquire a well-maintained 9-unit multifamily property in a convenient central San Diego location. The property features an attractive unit mix consisting of six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, offering strong appeal to a broad tenant base. Residents enjoy secure entrances, onsite coin-operated laundry, and ample off-street parking with four garages plus five additional open parking spaces. Recent improvements include newly installed tankless water heaters, helping enhance efficiency and reduce future maintenance concerns. Centrally located with convenient access to major freeways, public transportation, shopping, dining, employment centers, and other neighborhood amenities. The property's combination of unit mix, parking, secure access, and central location makes it a compelling opportunity for investors seeking a multifamily asset in the San Diego market. Excellent addition to an investment portfolio with long-term income and appreciation potential. Excellent opportunity to acquire a well-maintained 9-unit multifamily property in a convenient central San Diego location. The property features an attractive unit mix consisting of six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, offering strong appeal to a broad tenant base. Residents enjoy secure entrances, onsite coin-operated laundry, and ample off-street parking with four garages plus five additional open parking spaces. Recent improvements include newly installed tankless water heaters, helping enhance efficiency and reduce future maintenance concerns. Centrally located with convenient access to major freeways, public transportation, shopping, dining, employment centers, and other neighborhood amenities. The property's combination of unit mix, parking, secure access, and central location makes it a compelling opportunity for investors seeking a multifamily asset in the San Diego market. Excellent addition to an investment portfolio with long-term income and appreciation potential.

3837 39th St, East San Diego

$2,200,000
6 Beds 6 Baths 260021301 MLS ACTIVE Status
ALL SIX UNITS DELIVERED VACANT. This six-unit, all one-bedroom, one-bath building in central San Diego (Mission Hills/University Heights corridor) gives an investor a clean slate: no existing leases to unwind, no legacy rent roll to inherit, and full control over lease-up strategy, unit renovation sequencing, and rent positioning from the first day of ownership. The property carries genuine mid-century character, including vaulted open-beam ceilings and individually metered utilities, and sits in a central, in-demand rental submarket near Hillcrest, Mission Hills, and North Park. Ideal for a value-add investor or owner-user looking to reposition a well-located asset on their own timeline. FINANCIAL DISCLOSURE - SOURCE: SELLER/OWNER RECORDS. Property has been owned and occupied by a nonprofit religious organization since 1993 and was never operated as a conventional rental; no rental history exists. All income figures, including Monthly Rent Total, are projections at estimated market rents. Actual expenses shown are per owner records and reflect owner-occupied usage; gas & electric reflects owner paying all six separately metered units. Property taxes are omitted from actual expenses due to owner's tax-exempt status; Projected Taxes are an estimate at reassessed value. Projected Insurance reflects a market-rate quote. Projected Maintenance is a standard allowance; owner reports no consistent maintenance expense. Projected Trash and Projected Pest Control reflect estimated market-rate service levels; owner-reported amounts pending final verification. Property management expense not included; buyer to apply own assumptions. Roof replaced approx. 2018 and four water heaters replaced approx. 2023, per seller. All figures approximate. Buyer to verify all information and rely on buyer's own investigation.

1029-33 Hayes Ave, Mission Hills

$2,200,000
4 Beds 4 Baths PTP2606767 MLS ACTIVE Status
8-Unit Value-Add Opportunity in San Diego's City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego's oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it's one of the city's most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away. 8-Unit Value-Add Opportunity in San Diego's City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego's oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it's one of the city's most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away.

3018 44th St, East San Diego

$2,250,000
6 Beds 4 Baths PTP2606574 MLS ACTIVE Status
Four brand-new units. One rare investment opportunity in the heart of Clairemont Mesa. This 12,653-square-foot lot delivers an existing single-family residence alongside two newly constructed detached duplex buildings, each offering a pair of stacked 2-bedroom, 2-bathroom ADUs at 800 square feet apiece. Thoughtfully designed with low-E windows, tankless water heaters, and owned solar systems, each unit stands ready for immediate occupancy with its own private entrance, in-unit laundry, and open-concept living space. Whether adding to a rental portfolio or generating multi-unit income from a single address, this property offers flexibility few San Diego lots can match four separate homes, one address, endless potential. Four brand-new units. One rare investment opportunity in the heart of Clairemont Mesa. This 12,653-square-foot lot delivers an existing single-family residence alongside two newly constructed detached duplex buildings, each offering a pair of stacked 2-bedroom, 2-bathroom ADUs at 800 square feet apiece. Thoughtfully designed with low-E windows, tankless water heaters, and owned solar systems, each unit stands ready for immediate occupancy with its own private entrance, in-unit laundry, and open-concept living space. Whether adding to a rental portfolio or generating multi-unit income from a single address, this property offers flexibility few San Diego lots can match four separate homes, one address, endless potential.

2409 Fleetwood St, Linda Vista

$2,299,999
11 Beds 6 Baths 260009969 MLS ACTIVE Status
Rare 5-Unit Residential Commercial Investment Opportunity in Highly Desirable 91910! Just 3-minutes from 3rd Ave, Downtown Chula Vista. A strong long-term growth corridor, this exceptional property offers investors, developers, and owner-users a unique opportunity to acquire a versatile income-producing asset in the heart of Chula Vista. Renovated in 2022, this well-maintained property features a desirable unit mix with a front 3-bedroom, 2-bathroom single-family residence and four rear units, each offering 2 bedrooms and 1 bathroom, creating multiple income streams and strong rental appeal. Zoned Residential Commercial, the property offers flexibility for a variety of potential uses and future opportunities (buyer to verify). Ideally located near the transformative Chula Vista Bayfront redevelopment and the renowned Gaylord Pacific Resort & Convention Center, this property benefits from significant public and private investment, expanding employment opportunities, new hospitality, dining, entertainment, and continued regional growth. The 91910 location provides convenient access to freeways, shopping, restaurants, schools, and major employment centers. With a prime central location, strong rental demand, limited land availability, and recent renovations, this rare 5-unit offering presents an exceptional opportunity for investors seeking stable income, portfolio expansion, or long-term appreciation in one of South Bay's most desirable community. Request OM. VIDEO: Copy & Paste https://pixies.et/cXQNBg3z LoopNet https://www.loopnet.com/Listing/392-Del-Mar-Ave-Chula-Vista-CA/40183381/

390-392 Del Mar Ave, Chula Vista

$2,395,000
4 Beds 4 Baths 260020675 MLS ACTIVE Status 312 Brookes Ave BLDG.
Fully leased and extensively renovated in 2025 four-unit investment property in the heart of Hillcrest. Each residence offers one bedroom and one bathroom with updated kitchens, stainless-steel appliances, modern flooring, newer windows, wall-mounted air conditioning, and in-unit laundry. Property improvements include upgraded electrical systems, fire sprinklers, and a newer water main. Select units include gated parking. Each unit has a separate SDG&E meter and only one water meter. The property currently generates approximately $143,880 in gross scheduled annual income with an estimated stabilized NOI of $111,690. All four leases are in place, offering immediate income and limited near-term capital improvement requirements. Located near major employment centers, medical facilities, restaurants, shopping, public transportation, Balboa Park, and Downtown San Diego. An attractive opportunity to acquire a stabilized residential income property in one of San Diego’s most desirable and supply-constrained rental markets. Offering Memorandum, rent roll, leases, and financial information are available upon request. Buyer to verify all property information, permits, square footage, income, expenses, and operating assumptions. Exceptional opportunity to acquire a fully leased, extensively renovated four-unit property in the heart of Hillcrest. Each residence offers one bedroom and one bathroom with an updated kitchen, stainless-steel appliances, modern flooring, newer windows, wall-mounted air conditioning, and in-unit laundry. Additional property improvements include upgraded electrical systems, fire sprinklers, and a newer water main. Select units include gated parking. The property currently generates approximately $143,880 in gross scheduled annual income with an estimated stabilized NOI of $111,690, providing immediate income from four existing leases. The seller may consider facilitating a potential vacancy for a buyer who intends to occupy one unit as a primary residence. This may provide an opportunity for a qualified buyer to pursue owner-occupied financing while using eligible rental income from the remaining units to assist with loan qualification. Financing terms, occupancy requirements, and the amount of rental income considered are subject to lender underwriting and approval. No vacancy is guaranteed, and any vacancy must comply with the existing lease, tenant agreement, and applicable law. Conveniently located near major medical and employment centers, restaurants, shopping, public transportation, Balboa Park, and Downtown San Diego. An attractive opportunity for an investor or potential owner-user seeking a stabilized residential income property in one of San Diego’s most desirable rental markets. Offering Memorandum and additional financial information are available upon request. Buyer to verify all property information, permits, square footage, income, expenses, financing options, and operating assumptions.

312 Brookes Ave, Mission Hills

$2,429,000
12 Beds 7 Baths 260016784 MLS ACTIVE Status
We are pleased to present 4112 Bannock Ave, a 5-unit multifamily property in the highly desirable Clairemont neighborhood of San Diego, CA. Clairemont is renowned for its picturesque surroundings, nestled between the natural beauty of Tecolote Canyon Natural Park and the recreational allure of Mission Bay Park, providing residents with a perfect blend of outdoor adventure and urban convenience. The property features off-street parking & an attractive unit mix, comprised of three 2-bedroom/1-bath cottage style units, and two large 3-bedroom/2-bath units with private garages. Its strategic location in Bay Park offers seamless connectivity via Interstate 8, placing key destinations like Downtown San Diego (7 miles), San Diego International Airport (6 miles), and the University of San Diego (3 miles) within a short commute. Clairemont is considered “Very Walkable,” with residents enjoying easy access to gourmet dining along Morena Boulevard and recreational hotspots such as Tecolote Canyon Golf Course and Playa Pacifica Park. Mission Bay Park, just minutes away, offers surfing, sunbathing, and dog-friendly beaches, making it a haven for outdoor enthusiasts. The neighborhood’s proximity to the University of San Diego, enrolling over 8,000 students, enhances its appeal to a diverse tenant base and supports a robust rent al market, bolstered by the area’s $1.5 billion annual economic impact from the university and nearby employment hubs. This property presents a rare opportunity for investors to acquire an asset in Bay Park, a submarket experiencing strong rental demand

4112 Bannock Ave, Clairemont/Bay Park

$2,450,000
8 Beds 6 Baths PTP2605877 MLS ACTIVE Status
Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah St has plenty of onsite parking both in front and on alley as well as in unit washer and dryers. Its a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property. Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $13,065 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex with paid off solar. Utah St has plenty of onsite parking both in front and on alley as well as in unit washer and dryers. Its a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.

4153-55 Utah St, North Park

$2,495,000
5 Beds 4 Baths PTP2606659 MLS ACTIVE Status
Property is a 2 unit with a 3rd that is non non-forming . Perched to capture sweeping northwest ocean views over Pacific Beach and Mission Bay, this extensively reimagined home blends designer style with everyday function in one of San Diego's most coveted coastal neighborhoods. Taken down to the studs and rebuilt with all-new systems, it offers the rare combination of turnkey finishes, flexible living space, and a setting that's hard to replicate. The main living level lives like a single-story retreat bright, open, and made for entertaining. A reimagined floor plan creates a seamless great room anchored by a chef's kitchen: a 48" Forno eight-burner dual range, Fisher & Paykel 36" panel-ready refrigerator, farmhouse sink, custom white oak cabinetry, and quartz countertops. Wide-plank luxury vinyl flooring, designer lighting and pendants, and crisp Santa Barbara-style stucco set a clean, modern-coastal tone. Step through the bifold door to a brand-new view deck with a fire pit ready gas line, and LED accent lighting the perfect perch for sunsets, ocean breezes, and front-row seats to the SeaWorld drone and firework shows. The primary suite features an expanded walk-in closet, and every bath is finished with new vanities, tile, and fixtures. A downstairs junior ADU with its own kitchen and full bath offers excellent flexibility for guests, extended family, or a private home office. Additional Workshop not included in the Square footage. Behind the walls, the home has been comprehensively updated with a new electrical system and panel, new plumbing and sewer line, mini-spli Property is a 2 unit with a 3rd that is non non-forming . Perched to capture sweeping northwest ocean views over Pacific Beach and Mission Bay, this extensively reimagined home blends designer style with everyday function in one of San Diego's most coveted coastal neighborhoods. Taken down to the studs and rebuilt with all-new systems, it offers the rare combination of turnkey finishes, flexible living space, and a setting that's hard to replicate. The main living level lives like a single-story retreat bright, open, and made for entertaining. A reimagined floor plan creates a seamless great room anchored by a chef's kitchen: a 48" Forno eight-burner dual range, Fisher & Paykel 36" panel-ready refrigerator, farmhouse sink, custom white oak cabinetry, and quartz countertops. Wide-plank luxury vinyl flooring, designer lighting and pendants, and crisp Santa Barbara-style stucco set a clean, modern-coastal tone. Step through the bifold door to a brand-new view deck with a fire pit ready gas line, and LED accent lighting the perfect perch for sunsets, ocean breezes, and front-row seats to the SeaWorld drone and firework shows. The primary suite features an expanded walk-in closet, and every bath is finished with new vanities, tile, and fixtures. A downstairs junior ADU with its own kitchen and full bath offers excellent flexibility for guests, extended family, or a private home office. Additional Workshop not included in the Square footage. Behind the walls, the home has been comprehensively updated with a new electrical system and panel, new plumbing and sewer line, mini-split A/C, dual tankless water heaters, new windows, fencing, and hardscape. Rare four-car carport parking completes this one-of-a-kind coastal offering.

4474 Cape May Ave, Ocean Beach (OB)

$2,495,000
12 Beds 10 Baths PTP2606822 MLS ACTIVE Status
Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package. Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package.

1304 Buena Vista Ave, Spring Valley

$2,499,999
14 Beds 12 Baths PTP2606501 MLS ACTIVE Status
Exceptional investment opportunity in the heart of Vista! Built in 2025, this fully occupied four-unit property offers strong income, modern construction, and outstanding long-term investment potential. Generating $170,160 in gross scheduled annual income, this turnkey asset is an excellent addition to any portfolio and an ideal 1031 exchange opportunity. The property features two spacious three-story townhome-style units, each offering 5 bedrooms, 3.5 bathrooms, an attached one-car garage with electric car charging outlets, private driveway parking, energy-efficient mini-split heating and air conditioning, and in-unit laundry. The main level includes the kitchen, living room, half bath, and garage access. The lower level features two bedrooms, two bathrooms, and laundry, while the bottom level offers three additional bedrooms and a full bathroom. A second detached building includes two single-level units, each with 2 bedrooms and 2 bathrooms and energy-efficient mini-split heating and air conditioningone upstairs and one downstairs. Beneath this building also includes two vacant ground-floor storage/workshop rooms, each with its own entrance and excluded from the existing residential leases. These spaces offer the potential for additional rental income beyond current residential rents. Any potential conversion or alternative use is subject to buyer verification. All four units are tenant occupied, providing immediate cash flow from day one. As a newly constructed property, it is exempt from Californias statewide rent cap under AB 1482 (buyer to verify applicability), offer Exceptional investment opportunity in the heart of Vista! Built in 2025, this fully occupied four-unit property offers strong income, modern construction, and outstanding long-term investment potential. Generating $170,160 in gross scheduled annual income, this turnkey asset is an excellent addition to any portfolio and an ideal 1031 exchange opportunity. The property features two spacious three-story townhome-style units, each offering 5 bedrooms, 3.5 bathrooms, an attached one-car garage with electric car charging outlets, private driveway parking, energy-efficient mini-split heating and air conditioning, and in-unit laundry. The main level includes the kitchen, living room, half bath, and garage access. The lower level features two bedrooms, two bathrooms, and laundry, while the bottom level offers three additional bedrooms and a full bathroom. A second detached building includes two single-level units, each with 2 bedrooms and 2 bathrooms and energy-efficient mini-split heating and air conditioningone upstairs and one downstairs. Beneath this building also includes two vacant ground-floor storage/workshop rooms, each with its own entrance and excluded from the existing residential leases. These spaces offer the potential for additional rental income beyond current residential rents. Any potential conversion or alternative use is subject to buyer verification. All four units are tenant occupied, providing immediate cash flow from day one. As a newly constructed property, it is exempt from Californias statewide rent cap under AB 1482 (buyer to verify applicability), offering added flexibility for future rental growth. Additional features include owned solar, fire sprinkler systems throughout, quality modern construction designed for low maintenance, and a prime location near shopping, dining, schools, parks, and major commuter routes. Rarely does a newer, fully leased four-plex with strong income, quality construction, and future upside become available. Dont miss this exceptional investment opportunity in one of Vistas growing rental markets.

490 Lado De Loma Dr, Vista

$2,500,000
4 Beds 4 Baths PTP2601938 MLS ACTIVE Status
Location, location, location, these phenomenal units in hillcrest must not be missed! 4217-21 3rd Avenue is a 5-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 3900 sq ft. These units feature new upgrades and laundry facilities in every unit providing added convenience for residents. The property is composed of two buildings: one 2 story fourplex and a detached single-level 2bed/1 bath home. This investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living with rental income. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth. Location, location, location, these phenomenal units in hillcrest must not be missed! 4217-21 3rd Avenue is a 5-unit multifamily property in San Diegos rapidly developing and ever-changing Hillcrest neighborhood. Spanning over 3900 sq ft. These units feature new upgrades and laundry facilities in every unit providing added convenience for residents. The property is composed of two buildings: one 2 story fourplex and a detached single-level 2bed/1 bath home. This investment offers a rare opportunity to unlock long-term potential in a high-demand rental market. The proximity to amenities like grocery stores, restaurants, and hospitals, as well as easy access to major roadways and the beach, adds to the appeal of the location. Overall, it seems like a wonderful opportunity to enjoy the best of Hillcrest living with rental income. Dont miss this competitively priced investmentperfect for the owner, occupant or investor. Ideal property for repositioning and long-term growth.

4217-21 3rd Ave, Mission Hills

$2,500,000
8 Beds 5 Baths PTP2606503 MLS ACTIVE Status
Own a piece of La Mesa history. Built circa 1909, known locally as the Stewart House (James R. Paxton Home), this Transitional Victorian anchors an 8-unit income property on a double lot within one block of La Mesa Village. The front structure holds five rental units at 4554 Date Ave six bedrooms total across the rental units plus a 3-bedroom, 2-bath owner's unit at 4556 Date Ave. The rear of the lot holds a separate duplex at 8208-12 Pasadena Ave, consisting of two 2-bedroom/1-bath units. Owner's unit features updated kitchen with new cabinetry, oak interior doors, and ceramic tile flooring. Ten parking spaces four garage, four covered carport including RV carport, two open-air.. Owned rooftop solar system (3.0 kW) a meaningful offset to operating costs. Mature landscaping and fruit orchard on property includes apple, orange, mandarin, fig, persimmon, nectarine, calamansi, and avocado. One block to La Mesa Village: Farmers Market, Oktoberfest, Holiday in the Village, Classic Car Show, Taste of La Mesa. Multiple bus lines and the Orange Trolley Line within one-half mile. Nearby parks include Collier, Porter and Highwood. Own a piece of La Mesa history. Built circa 1909, known locally as the Stewart House (James R. Paxton Home), this Transitional Victorian anchors an 8-unit income property on a double lot within one block of La Mesa Village. The front structure holds five rental units at 4554 Date Ave six bedrooms total across the rental units plus a 3-bedroom, 2-bath owner's unit at 4556 Date Ave. The rear of the lot holds a separate duplex at 8208-12 Pasadena Ave, consisting of two 2-bedroom/1-bath units. Owner's unit features updated kitchen with new cabinetry, oak interior doors, and ceramic tile flooring. Ten parking spaces four garage, four covered carport including RV carport, two open-air.. Owned rooftop solar system (3.0 kW) a meaningful offset to operating costs. Mature landscaping and fruit orchard on property includes apple, orange, mandarin, fig, persimmon, nectarine, calamansi, and avocado. One block to La Mesa Village: Farmers Market, Oktoberfest, Holiday in the Village, Classic Car Show, Taste of La Mesa. Multiple bus lines and the Orange Trolley Line within one-half mile. Nearby parks include Collier, Porter and Highwood.

4554 Date Ave, La Mesa

$2,590,000
6 Beds 5 Baths 260019147 MLS ACTIVE Status Complex BLDG.
We are pleased to exclusively present for sale 3767 7th Avenue, an exceptionally restored Spanish-style multifamily investment located in the heart of Hillcrest, one of San Diego’s most desirable and supply-constrained urban neighborhoods. Combining stabilized in-place cash flow with fully entitled expansion potential, the offering presents a rare opportunity to acquire a trophy-quality asset featuring immediate development upside. The property currently consists of four legal apartment units and one non-conforming one-bedroom unit, while approved plans allow a purchaser to immediately commence construction of nine additional apartment units and legalize the existing non-conforming residence, resulting in a 14-unit apartment community upon completion. Originally constructed in 1930, the property has undergone an extensive, condo-quality restoration over recent years, preserving its timeless Spanish architecture while incorporating modern luxury finishes throughout. The existing improvements comprise approximately 3,910 rentable square feet and include a highly desirable unit mix consisting of one (1) 2-bedroom / 2-bath townhome (±1,200 SF), two (2) 2-bedroom / 1-bath residences (±875 SF each), one (1) studio (±400 SF), and one (1) non-conforming 1-bedroom / 1-bath unit (±560 SF) converted from a former laundry facility. The property currently generates approximately $167,200 in annual gross income, providing investors with meaningful in-place cash flow while preparing for immediate vertical expansion. Unlike traditional development opportunities requiring years of entitlement risk, 3767 7th Avenue offers the rare advantage of approved plans already in place, allowing a buyer to move directly into construction and significantly accelerate project timelines. Upon completion of the approved improvements, investors will own a substantially larger, institutional-quality apartment community in one of San Diego’s strongest rental markets, benefiting from increased economies of scale, long-term appreciation, and enhanced operating efficiencies. An additional financing advantage further differentiates the offering. Because the property is currently legally comprised of four residential units, qualified purchasers may be eligible to obtain high loan-to-value residential financing with long-term fixed-rate terms, providing a significantly lower cost of capital than traditional commercial multifamily financing while simultaneously controlling a future development opportunity. Located in the center of Hillcrest, one of San Diego’s premier walkable neighborhoods, the property is just steps from Whole Foods Market, Balboa Park, and the area’s vibrant collection of acclaimed restaurants, cafés, nightlife, boutique retail, and employment centers. Hillcrest’s exceptional walkability, limited housing supply, and consistently strong rental demand continue to support long-term rent growth and investor confidence. Each residence has been thoughtfully renovated with luxury finishes designed to compete with newly constructed product, including fully remodeled interiors, in-unit washer and dryers, air conditioning, new stainless steel appliances, gas ranges, dishwashers, abundant natural light, and designer finishes throughout. The property also benefits from four off-street parking spaces. Utility expenses are efficiently managed through a RUBS program whereby tenants pay their own electric, gas, cable/internet service, plus $50 per resident monthly toward water, while ownership remains responsible only for trash and sewer service. 3767 7th Avenue represents a highly differentiated investment opportunity combining immediate cash flow, luxury existing improvements, entitled development potential, attractive financing advantages, and an irreplaceable Hillcrest location, a combination that is seldom available within San Diego’s multifamily market.

3767 7th Ave, Mission Hills

$2,599,000
6 Beds 5 Baths 260021248 MLS ACTIVE Status - BLDG.
A rare 3-unit Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,725/mo each on month-to-month leases; projected market gross $16,500/mo. 4 garaged spaces of which 3 are currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay. Banker’s Hill is one of San Diego’s most sought-after uptown neighborhoods, perched on the bluff between Balboa Park and the bay with Hillcrest just to the north and Little Italy steps to the south. The 112 to 120 Redwood Street homes sit on the quieter, west-facing side of this affluent enclave, where tree-lined streets, historic Craftsman and Victorian architecture, and modern luxury builds combine to create a walkable lifestyle that’s hard to replicate anywhere else in the city. Owners here trade the typical suburban routine for morning walks through Balboa Park’s 1,200 acres of museums, gardens, and trails, evenings at neighborhood staples like Cucina Urbana and Mister A’s, and weekend strolls across the historic Spruce Street Suspension Bridge or down the hill to Little Italy’s Saturday farmers market. With sweeping views toward the bay, Coronado, and the Downtown skyline, immediate access to the I-5 and the 163, and a quick drive to the airport, Gaslamp, and the Coronado Bridge, Redwood Street delivers the rare combination buyers chase in central San Diego: a quiet residential street, an elevated city perspective, and a neighborhood that genuinely upgrades daily life.

112-120 E Redwood St, Mission Hills

$2,600,000
10 Beds 4 Baths NDP2608136 MLS ACTIVE Status
12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet e 12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet enhancements, one roof replacement with tune ups on remaining roofs, refinished kitchen and bath surfaces, newer wall heaters, and updated fencing. Despite these improvements, current rents remain below market, and ownership estimates an approximate 15 percent total income upside achievable through unit turnover and additional interior modernization. INVESTMENT PROFILE: The five-unit property is currently positioned to generate approximately $13,450 per month, or $161,400 annually, based on projected rents of five single detached residential units at approximately $3,300, $2,950, $2,750, $2,300 and $2,150/month. At the $2,600,000 asking price: Gross Annual Income: $161,400. Gross Cap Rate: approximately 6.20% Estimated Net Cap Rate: approximately 4.5%, depending on actual operating expenses and insurance. The property is zoned R 3000, permitting detached and attached dwelling units at a maximum density of 14 units per acre. Based on the sites approximate 0.67 acre footprint, the maximum permitted density is nine dwelling units, with the potential for additional units through the State Density Bonus Law or Accessory Dwelling Units (ADUs), subject to municipal review. Developers may also consider full redevelopment; new primary dwelling units would require discretionary approval, and detailed proposals may be submitted to the City of Imperial Beach Planning Department once project parameters are defined. Numerous recently completed projects in the immediate vicinity provide strong proof of concept for redevelopment in this corridor. With Imperial Beach experiencing ongoing revitalization, improved infrastructure, and sustained private investment, the property offers both current cash flow and long term appreciation potential. Its proximity to beaches, dining, retail, and major transportation routes further enhances its desirability. This offering is well suited for investors seeking to expand cash flow, build equity, and capitalize on one of coastal San Diegos most active and evolving multifamily submarkets.

1240-70 Holly Ave, Imperial Beach

$2,650,000
7 Beds 5 Baths 260019587 MLS ACTIVE Status N/A BLDG.
Introducing 3650 Quimby St, a newly completed four-unit community in the heart of Point Loma. This exceptional property features a fully renovated down to the studs, standalone 2-bedroom, 1-bathroom house, a stack of two newly constructed 2-bedroom 1-bathroom units, and an incredibly unique new construction 1-bedroom, 1.5-bathroom townhouse with a private rooftop deck offering stunning views of North San Diego Bay. All new construction and renovations were completed in 2025, delivering modern finishes, energy-efficient systems, and thoughtful design throughout. The interiors of these brand new homes were built to command top of market rents and feature new stainless steel appliances, quartz countertops, tiled backsplashes, stainless steel range hoods, glass shower doors and tiled enclosures, backlit mirrors in bathrooms, custom built-in shelves, refurbished and new hardwood floors, and ceiling fans. Residents of the 2-bedroom house benefit from a garage, oversized driveway that can fit up to 4 cars, and a large outdoor private patio. This community also features tandem parking spaces with alley access, a communal courtyard perfect for grilling and relaxing outside, and mini-split AC and in-unit laundry throughout every residence. Situated on a 5,227 SF lot, this property presents an ideal opportunity for a fully stabilized, hassle-free income generating complex, or an owner-user investor to live in one unit while generating rental income from the others. The unit mix caters to a variety of tenants, ensuring strong demand in one of San Diego’s most sought-after neighborhoods

3650 Quimby St, Point Loma (Pt Loma)

$2,715,000
11 Beds 6 Baths 260017745 MLS ACTIVE Status
We are pleased to present “Atlas 6 on Nye” a newly completed six-unit multifamily community located in the highly accessible Linda Vista neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego’s most strategically positioned submarkets. Completed in 2026, Atlas 6 on Nye consists of one (1) one-bedroom/one-bathroom unit and five (5) two-bedroom/one-bathroom units ranging from approximately 471 to 770 square feet. Four of the units were newly constructed in 2026 to complement the extensive renovations on the existing two units. Each unit features a thoughtfully designed layout to maximize living space and functionality for today’s urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood providing ample street parking available for all tenants. Centrally located just minutes from the University of San Diego (USD), Mission Valley, the Morena Corridor, and major transportation routes (I-5 & I-8), “Atlas 6 on Nye” benefits from excellent connectivity and tenant accessibility. The property is ideally suited for students

2722 Nye St, Linda Vista

$2,790,000
13 Beds 8 Baths 250039649 MLS ACTIVE Status
3245-57 Bramson Place, a fully occupied 8-unit multifamily property in North Park, San Diego. The property features (3) one-bedroom and (5) two-bedroom units and offers immediate value-add potential through an increase in rents and the conversion of three garages into additional rental units. With nine dedicated parking spaces and on-site laundry, the property supports tenant retention while providing significant potential to increase cash flow. Highly accessible to downtown San Diego, Mission Valley, and key employment and lifestyle destinations, the area attracts a large and affluent renter base. Situated in the heart of North Park, the property is surrounded by one of San Diego’s most established urban neighborhoods. Residents benefit from immediate access to Balboa Park, Downtown, and major employment corridors, as well as a wide array of dining, breweries, boutique retail, and cultural venues. North Park’s combination of connectivity, amenities, and historic character continues to distinguish it as one of the city’s most desirable residential communities. Across the street from the coming soon Sprouts Market. Limited multifamily supply and strong demand for quality rental housing position 3245–57 Bramson Place for both near-term revenue growth and long-term appreciation, making it a compelling investment opportunity in one of San Diego’s most desirable urban communities.

3245-57 Bramson Pl, North Park

$2,795,000
5 Beds 3 Baths 260021283 MLS ACTIVE Status
RARE RIVIERA DRIVE OPPORTUNITY! Rarely does a property become available on exclusive Riviera Drive, one of Crown Point’s most coveted streets, located directly across from Mission Bay. Situated on a desirable 5,052 SF corner lot, this unique three-unit property offers an exceptional combination of location, income, land and flexibility. The property features three extremely spacious apartments, each with private outdoor space. The unit mix includes a 1BR/1BA plus office, historically used as a 2BR/1BA and currently leased month-to-month for $3,630/month; a spacious 2BR/1BA apartment becoming available at the end of September 2026; and a 1BR/1BA apartment generating $2,800/month on a month-to-month lease. Three single-car garages, an additional off-street parking space and laundry facilities complete the offering. The possibilities are endless. Hold as a long-term investment in a premier coastal location with virtually endless rental demand and significant appreciation potential. Owner-occupy the soon-to-be-vacant 2BR while generating income from the other two units. Or explore maximizing revenue through short-term rental opportunities, subject to applicable regulations and approvals. Properties on Riviera Drive rarely come to market. This is an opportunity to own on one of San Diego’s most desirable waterfront streets while benefiting from multiple income and ownership strategies. Whether your goal is appreciation, cash flow, owner occupancy or a combination of all three, this property delivers the flexibility to make it your own.

4001-4005 Riviera Dr, Pacific Beach/Mission Beach

$2,800,000
11 Beds 9 Baths 260016542 MLS ACTIVE Status
We're pleased to present 438 Denby Street; a fully stabilized turn-key multifamily offering comprised of nine units on five detached structures. The property consists of one fully remodeled detached single-family home and eight brand-new construction units in the rear completed in 2026. The property totals approximately 4,415 rentable square feet on a 6,573-square-foot parcel. Featuring a solid 6% entry CAP. What distinguishes this offering is that it is already fully stabilized: generating $19,600 of monthly income and $235,200 of annual gross. There is no lease-up, renovation, or rent-repositioning risk left to execute - a buyer steps into durable, day-one cash flow at delivery. Eight of the nine units are AB 1482 exempt from rent control limitations. All utilities are sub-metered, shifting utility costs to residents. The unit mix pairs the remodeled detached 2-bed/1-bath home at $2,925, one - 2-bed/1-bath unit at $2,500 and seven 1-bed/1-bath units averaging $2,025 monthly. Brand-new construction, separately metered utilities, and market-rate rents already in place combine to offer a low-friction, institutionally clean core asset. The property is centrally located within minutes to Downtown San Diego, Coronado, Golden Hill, North Park and some of San Diego's most desireable attractions including PETCO Park, San Diego Zoo and Balboa Park. The region is quickly gentrifying making this an attractive investment opportunity for years to come and a great addition to any portfolio.

438 Denby St, Golden Hill

$2,850,000
2 Beds 2 Baths NDP2603152 MLS ACTIVE Status
3903 is a newly constructed triplex within the Crown Point Coastal Collection, a distinct detached coastal offering just 2 blocks from Sail Bay. Unit one: 2 bedroom/2 bath; Unit two: 2 bedroom/2 bath; Unit three: 1 bedroom/1 bath. Unit one on the upper level is filled with natural light and opens seamlessly to a private Outdoor Living Terrace and Rooftop Terrace with panoramic viewsan indoor-outdoor experience designed for relaxed coastal living and effortless entertaining. Eleven-foot ceilings in the main living areas and nine-foot ceilings below enhance the sense of scale and comfort. Bertazzoni appliances, tile flooring throughout, solid-core doors, clerestory windows, paid solar with Tesla Powerwall, and energy-efficient ductless mini-split climate control reflect the homes elevated yet practical design. Built by Duncan Custom Homes, architecturally designed by Scot Frontis, AIA, with interiors by Sol Quintana Design, this home pairs thoughtful craftsmanship with the ease of refined beachside living. No HOA. Shared parking and pedestrian access agreement in place. Property taxes will be reassessed upon transfer of ownership. 3903 is a newly constructed triplex within the Crown Point Coastal Collection, a distinct detached coastal offering just 2 blocks from Sail Bay. Unit one: 2 bedroom/2 bath; Unit two: 2 bedroom/2 bath; Unit three: 1 bedroom/1 bath. Unit one on the upper level is filled with natural light and opens seamlessly to a private Outdoor Living Terrace and Rooftop Terrace with panoramic viewsan indoor-outdoor experience designed for relaxed coastal living and effortless entertaining. Eleven-foot ceilings in the main living areas and nine-foot ceilings below enhance the sense of scale and comfort. Bertazzoni appliances, tile flooring throughout, solid-core doors, clerestory windows, paid solar with Tesla Powerwall, and energy-efficient ductless mini-split climate control reflect the homes elevated yet practical design. Built by Duncan Custom Homes, architecturally designed by Scot Frontis, AIA, with interiors by Sol Quintana Design, this home pairs thoughtful craftsmanship with the ease of refined beachside living. No HOA. Shared parking and pedestrian access agreement in place. Property taxes will be reassessed upon transfer of ownership.

3903 Haines, Pacific Beach/Mission Beach

$2,875,000
6 Beds 5 Baths 260018793 MLS ACTIVE Status
Proud to present Point Thirty at 3034–3042 Newell Street, a turnkey five-unit multifamily investment opportunity ideally situated in the highly desirable Point Loma neighborhood of San Diego, California. Originally constructed in 1953 and reimagined through a comprehensive 2024 renovation, Point Thirty is positioned on an approximately 0.12-acre lot and offers ±3,197 rentable square feet of elevated living space. Point Thirty carries the character that has long defined Old Point Loma: historic, graceful architecture, a peninsula setting that has never lost its pull, and a lifestyle shaped by the bay just beyond the block. The top-to-bottom renovation honors that heritage while layering in contemporary selections throughout. A multi-tone color palette brings warmth and dimension to the interiors, high-end finishes carry a consistent standard of quality from unit to unit, and well-planned custom lighting and fixtures, inside and out, add both security and beauty after dark. The unit mix consists of four (1-bedroom / 1-bathroom) units and one (2-bedroom / 1-bathroom) unit, appealing to a wide range of renters including young professionals, military personnel, couples, and long-term residents seeking a refined standard of housing in one of San Diego's premier coastal communities. Among them is a newly constructed, freestanding bungalow with no shared walls and its own privacy-fenced yard. Every home offers an LG full-size stackable washer and dryer, an LG dishwasher, remote-controlled mini-split air conditioning, and thoughtfully updated interiors designed for the way tenant

3034-42 Newell St, Point Loma (Pt Loma)

$2,899,000
NDP2603977 MLS ACTIVE Status
2 homes on an avocado farm with a high producing 200 GMP well. Rare 61.85 Acre Organic Avocado Farm A Private, Income-Producing Retreat in the Heart of Escondido An extraordinary opportunity to own 61 acres with an avocado grove in the scenic hills of Escondido. Set across four separate parcels, this income-producing estate offers the ultimate blend of agricultural utility, residential flexibility, and serene privacyall just minutes from downtown Escondido, major highways, and San Diego attractions. The professionally managed grove consists of mature and planted Hass avocado trees, supported by advanced irrigation infrastructure and one high-producing wells (200+ GPM). One district water meters 3'' and a robust 144 panel (34kw) paid solar power system further enhance efficiency and long-term cost savings. Reclaimed water from the City of Escondido is expected to be available soon, increasing the property's sustainability and future value. The estate includes two detached homes, ideal for multigenerational living, rental income, or on-site management, along with a small woodshop perfect for creative projects or continuing the propertys tradition of handcrafted avocado wood furniture. Security and privacy are top priorities, with an automatic gated entry, and a comprehensive camera surveillance system. Enjoy panoramic views from every angle, with rolling terrain, scenic groves, and a hidden view deck tucked into the treesperfect for unwinding in your own private park-like setting. Multiple flat pads offer future development potential or additional farming capacity, and well- 2 homes on an avocado farm with a high producing 200 GMP well. Rare 61.85 Acre Organic Avocado Farm A Private, Income-Producing Retreat in the Heart of Escondido An extraordinary opportunity to own 61 acres with an avocado grove in the scenic hills of Escondido. Set across four separate parcels, this income-producing estate offers the ultimate blend of agricultural utility, residential flexibility, and serene privacyall just minutes from downtown Escondido, major highways, and San Diego attractions. The professionally managed grove consists of mature and planted Hass avocado trees, supported by advanced irrigation infrastructure and one high-producing wells (200+ GPM). One district water meters 3'' and a robust 144 panel (34kw) paid solar power system further enhance efficiency and long-term cost savings. Reclaimed water from the City of Escondido is expected to be available soon, increasing the property's sustainability and future value. The estate includes two detached homes, ideal for multigenerational living, rental income, or on-site management, along with a small woodshop perfect for creative projects or continuing the propertys tradition of handcrafted avocado wood furniture. Security and privacy are top priorities, with an automatic gated entry, and a comprehensive camera surveillance system. Enjoy panoramic views from every angle, with rolling terrain, scenic groves, and a hidden view deck tucked into the treesperfect for unwinding in your own private park-like setting. Multiple flat pads offer future development potential or additional farming capacity, and well-maintained access roads ensure smooth operation year-round. This is more than a farmit's a rare lifestyle property offering peace, productivity, and possibility in one of Southern Californias most fertile and desirable agricultural regions

3135 E Valley Pkwy, Escondido

$2,900,000
8 Beds 11 Baths 260015306 MLS ACTIVE Status
Prime investment opportunity! High-quality, turn-key 4-plex perfectly situated on the desirable Hillcrest side of University Heights. You walk to the best Hillcrest has to offer, steps to the Pride/Normal Street Promenade! This exceptional property is a true investment jewel, featuring a luxury triplex constructed new in 2020 alongside a completely and beautifully rehabilitated classic Craftsman bungalow.The entire property is lushly and professionally landscaped, offering fantastic curb appeal. The 3 modern triplex units are bright, sunny, and spacious, each boasting a thoughtful 2-bedroom, 2.5-bathroom floor plan. These units feature high-end designer kitchens and baths, central forced air conditioning, and full-sized in-unit laundry for maximum tenant comfort. For ultimate convenience and security, an automatic gate accessible via the alley opens to a large, secure parking area providing access to 3 two-car garages. Each triplex unit enjoys a private interior entrance directly from its garage. In total, the property features 7 off-street parking spaces—an incredibly valuable asset in this high-demand, growing neighborhood. The charming detached front Craftsman house is a character-rich 2-bedroom, 2-bathroom home that includes one dedicated parking space. Financial information is 2025 actual income and expenses. Additional income includes a consistent utility water and trash pass-through program. Unit 1 will be readily available for showings for the next two weeks only. Don't miss out on this pristine, low-maintenance asset in one of San Diego’s best rental markets!

4250-52 Cleveland St, Mission Hills

$2,975,000
4 Beds 4 Baths NDP2603076 MLS ACTIVE Status
3905 is a newly constructed triplex within the Crown Point Coastal Collection, a distinct detached coastal offering just 2 blocks from Sail Bay. Unit one: 2 bedroom/2 bath; Unit two: 2 bedroom/2 bath; Unit three: 1 bedroom/1 bath. Unit one on the upper level is filled with natural light and opens seamlessly to a private Outdoor Living Terrace and Rooftop Terrace with panoramic viewsan indoor-outdoor experience designed for relaxed coastal living and effortless entertaining. Eleven-foot ceilings in the main living areas and nine-foot ceilings below enhance the sense of scale and comfort. Bertazzoni appliances, tile flooring throughout, solid-core doors, clerestory windows, paid solar with Tesla Powerwall, and energy-efficient ductless mini-split climate control reflect the homes elevated yet practical design. Built by Duncan Custom Homes, architecturally designed by Scot Frontis, AIA, with interiors by Sol Quintana Design, this home pairs thoughtful craftsmanship with the ease of refined beachside living. No HOA. Shared parking and pedestrian access agreement in place. Property taxes will be reassessed upon transfer of ownership. 3905 is a newly constructed triplex within the Crown Point Coastal Collection, a distinct detached coastal offering just 2 blocks from Sail Bay. Unit one: 2 bedroom/2 bath; Unit two: 2 bedroom/2 bath; Unit three: 1 bedroom/1 bath. Unit one on the upper level is filled with natural light and opens seamlessly to a private Outdoor Living Terrace and Rooftop Terrace with panoramic viewsan indoor-outdoor experience designed for relaxed coastal living and effortless entertaining. Eleven-foot ceilings in the main living areas and nine-foot ceilings below enhance the sense of scale and comfort. Bertazzoni appliances, tile flooring throughout, solid-core doors, clerestory windows, paid solar with Tesla Powerwall, and energy-efficient ductless mini-split climate control reflect the homes elevated yet practical design. Built by Duncan Custom Homes, architecturally designed by Scot Frontis, AIA, with interiors by Sol Quintana Design, this home pairs thoughtful craftsmanship with the ease of refined beachside living. No HOA. Shared parking and pedestrian access agreement in place. Property taxes will be reassessed upon transfer of ownership.

3905 Haines, Pacific Beach/Mission Beach

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