Mission Hills Real Estate Search

Mission Hills 6+ Bedroom Properties for Sale

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Newest Mission Hills 6+ Bedrooms Properties for Sale

$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

$2,599,000
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

$2,590,000
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

$3,540,000
15 Beds 9 Baths 260016439 MLS ACTIVE Status
4080 Georgia Street presents the rare opportunity to acquire a well-maintained 9-unit apartment community in the heart of Hillcrest, one of San Diego’s most dynamic and consistently desirable rental markets. Constructed in 1987, the property features an attractive unit mix of six one-bedroom/one-bathroom apartments and three spacious three-bedroom/one-bathroom apartments, offering broad appeal to a diverse tenant base. The property has been exceptionally cared for and includes numerous amenities that enhance tenant satisfaction, including gated entry, on-site laundry facilities, ample off-street parking with one dedicated space per unit, and two oversized two-car garages that provide additional parking, storage, or potential supplemental income. Importantly, the Seller has implemented a strong RUBS (Ratio Utility Billing) System, allowing for reimbursement of most utilities and contract services, improving operational efficiency and supporting more predictable net operating income. Built in 1987, the property benefits from relatively newer construction compared to much of the surrounding inventory, resulting in modern building systems and mechanical components with significant remaining service life. Combined with its excellent physical condition, this translates into lower anticipated maintenance and capital expenditures for future ownership. From an investment perspective, the property offers an outstanding opportunity to increase revenue through moderate rental adjustments while maintaining strong occupancy in one of San Diego’s most supply-constrained neighborhoods.

4080 Georgia St, Mission Hills

$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

$2,995,000
11 Beds 8 Baths 260012514 MLS ACTIVE Status
Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself.

3602-08 Indiana St, Mission Hills

$3,000,000
8 Beds 4 Baths 260007304 MLS ACTIVE Status N/A BLDG.
Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.

801-807 Torrance St, Mission Hills

$1,990,000
8 Beds 4 Baths 2600826 MLS ACTIVE Status
SELLER TO ENTERTAIN ALL OFFERS !!! 2831–2837 Columbia Street offers investors a rare opportunity to acquire a four-unit apartment building in one of San Diego’s most sought-after urban neighborhoods. Perfectly positioned between Mission Hills, Bankers Hill, and Little Italy, the property delivers the ideal balance of strong in-place income, long-term appreciation, and unbeatable tenant appeal. With immediate access to Downtown San Diego, Balboa Park, the San Diego International Airport, and all major freeways, this asset combines location, lifestyle, and investment strength. The property consists of four spacious and modernized two-bedroom, one-bathroom apartments, each featuring premium in-unit amenities including its own washer/dryer and air conditioning (2 units), ensuring maximum comfort and convenience for tenants. In addition, every apartment comes with a separate oversized storage area—a highly desirable feature in this competitive rental market. Importantly, tenants are responsible for all utilities under their rental agreements, minimizing operating expenses and streamlining management for ownership. One of the most striking features of the property is its incredible, unobstructed views of Downtown San Diego and the San Diego Bay. This unique vantage point not only enhances the tenant living experience but also positions the property as a premier rental offering, creating consistently strong demand and long-term tenant retention.

2831-37 Columbia St, Mission Hills

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