Sorrento Mesa Real Estate Search

Sorrento Mesa Multi-Family Properties for Sale

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Newest Sorrento Mesa Multi-Family Homes for Sale

$2,449,000
8 Beds 5 Baths 260018256 MLS ACTIVE Status
Rare North Pacific Beach Fourplex with Immediate Value-Add Opportunity! Address is 2127-2131 1/2 Felspar. Well-maintained and held as a long-term investment, this exceptional income property offers the ideal combination of strong in-place cash flow, low deferred maintenance, and significant upside potential. Featuring two separate duplexes with an attractive unit mix of two 2BR/1BA units, one 3BR/2BA unit, and one 1BR plus office, this property is perfectly positioned for both seasoned investors and 1031 exchange buyers. Zoned Rm-3. Two upcoming vacancies create an outstanding opportunity to renovate (if desired) and quickly capture market rents. One 2BR unit is vacant now, followed by the 3BR/2BA unit at the end of September, allowing a new owner to substantially increase income in the near term. An extensive list of repairs and upgrades is available, reflecting the pride of ownership and ongoing care invested in the property. Located in highly desirable North Pacific Beach, this quiet residential neighborhood consistently attracts quality tenants seeking a coastal lifestyle with everyday convenience. Just minutes from the beach, Mission Bay, shopping, restaurants, parks, and major employment centers, the property also enjoys close proximity to the local elementary school and easy freeway access. Rare North Pacific Beach Fourplex with Immediate Value-Add Opportunity! Address is 2127-2131 1/2 Felspar. Well-maintained and held as a long-term investment, this exceptional income property offers the ideal combination of strong in-place cash flow, low deferred maintenance, and significant upside potential. Featuring two separate duplexes with an attractive unit mix of two 2BR/1BA units, one 3BR/2BA unit, and one 1BR plus office, this property is perfectly positioned for both seasoned investors and 1031 exchange buyers. Zoned Rm-3 Two upcoming vacancies create an outstanding opportunity to renovate (if desired) and quickly capture market rents. One 2BR unit is vacant now, followed by the 3BR/2BA unit at the end of September, allowing a new owner to substantially increase income in the near term. Projected rental figures have been conservatively estimated, providing additional upside. The property has been consistently maintained over the course of ownership. An extensive list of repairs and upgrades is available, reflecting the pride of ownership and ongoing care invested in the property. Located in highly desirable North Pacific Beach, this quiet residential neighborhood consistently attracts quality tenants seeking a coastal lifestyle with everyday convenience. Just minutes from the beach, Mission Bay, shopping, restaurants, parks, and major employment centers, the property also enjoys close proximity to the local elementary school and easy freeway access. Investment opportunities with this combination of location, condition, unit mix, and near-term rental upside rarely become available in North Pacific Beach.

2127-2131 1/2 Felspar, Pacific Beach/Mission Beach

$1,274,500
6 Beds 5 Baths 260018232 MLS ACTIVE Status
Rare dual living opportunity in San Diego! This vacant property features two spacious, completely detached homes on one lot: Front home is a single-story 3BR/2BA. Rear home is a spacious two story 3BR/2.5 BA. Perfect for an owner occupant wanting to live in one and rent out the other to cover the mortgage, for multi-generational families needing independent space with ultimate privacy. No shared walls! Both are delivered 100% vacant --move right in! Incredible setup with completely separate gas, electric and SOLAR for each home! Total room count reflects both homes combined. This exceptional property features two beautifully maintained homes, each offering privacy, comfort, and modern upgrades. The SINGLE-STORY home boasts a spacious living room with a vaulted ceiling and was tastefully remodeled approximately eight years ago. The TWO-STORY home has been recently remodeled and features two walk-in closets, a large, covered patio, and a generously sized private backyard. Both homes are light and bright, featuring gas appliances, dual-pane windows, and attached 2-car garages with new garage doors and openers. Newer roofs (approximately 8 years old) and INDIVIDUAL SOLAR SYSTEMS help reduce electricity costs. Each home enjoys its own separately fenced backyard, while the entire property is fully enclosed with an electronic driveway gate, providing added privacy and security. The front yard showcases attractive low-water, low-maintenance landscaping. Ideally located within walking distance to schools, shopping, downtown El Cajon, and the transit center, this property also offers easy access to Interstate 8 and the greater San Diego area. Best of all, you're just approximately 15 minutes from the beach!

386-90 Richardson Ave, El Cajon

$1,880,000
4 Beds 5 Baths 260018104 MLS ACTIVE Status 1265 Lincoln Ave BLDG.
Multi-Unit Craftsman Oasis in the heart of San Diego! Discover refined living in this meticulously reimagined Craftsman home, a turn-key sanctuary that seamlessly balances sophistication with California's coveted indoor-outdoor lifestyle. This multi-unit property represents the pinnacle of curated urban living within one of San Diego's most desirable neighborhood. Every room speaks to discerning taste. The heart of the home features a professional gourmet kitchen, a gas fireplace that anchors intimate gatherings upon entry, and an inspired speakeasy access that elevates entertaining. A dramatic nine-foot retractable glass door dissolves the boundary between interior spaces and your private outdoor sanctuary, the hallmark of SoCal living reimagined. The thoughtfully designed floor plan includes dual primary bedroom suites on the upper level, an entry-level guest quarters with full bath plus a fully appointed ADU that serves as the ideal flexible space: guest house, home office, or revenue-generating rental unit. Located mere steps from the Vermont Street Bridge, you're positioned at the intersection of urban convenience, Trader Joe's, Hillcrest Hub, and the neighborhood's vibrant cultural scene wrapped in suburban tranquility. Solar technology and low maintenance landscaping ensure your lifestyle is as effortless as it is elevated. For the engaged urbanite seeking substance alongside style, this is simply the cornerstone piece your life has been waiting for. Located in west University Heights, enjoy the livability of a suburban community feel within the city! Leisurely neighborhood walks, adventures to Balboa Park or a stroll across Vermont St bridge for shopping, meals and entertainment; this location offers it all! Perfect for the owner occupied investor looking for a move in ready home with the upside of a rear rental unit, multi generational families or the need for separate and independent home office!

1265-67 Lincoln Ave, Mission Hills

$579,999
2 Beds 1 Baths SR26160607 MLS ACTIVE Status
Exceptional investment opportunity in Oceanside! This well-maintained 2-bedroom, 1-bath condominium offers immediate rental income with a long-term tenant already in place paying $2,960 per month, making it an ideal turnkey addition to any investment portfolio. Located just minutes from the beach, shopping, dining, public transportation, and major commuter routes, this property combines strong rental appeal with an unbeatable coastal lifestyle. Inside, you'll find a bright and functional floor plan with spacious living areas, an updated kitchen, generous bedrooms, and abundant natural light throughout. One of the property's standout features is its private fenced backyard and covered patioan uncommon amenity for condo living that adds significant value and tenant appeal. Whether you're looking to expand your real estate portfolio or secure a coastal asset with immediate cash flow, this property offers a rare opportunity to own an income-producing home in one of Southern California's most desirable beach communities. Property to be sold with tenant in place. Buyer to cooperate with existing tenancy. Exceptional investment opportunity in Oceanside! This well-maintained 2-bedroom, 1-bath condominium offers immediate rental income with a long-term tenant already in place paying $2,960 per month, making it an ideal turnkey addition to any investment portfolio. Located just minutes from the beach, shopping, dining, public transportation, and major commuter routes, this property combines strong rental appeal with an unbeatable coastal lifestyle. Inside, you'll find a bright and functional floor plan with spacious living areas, an updated kitchen, generous bedrooms, and abundant natural light throughout. One of the property's standout features is its private fenced backyard and covered patioan uncommon amenity for condo living that adds significant value and tenant appeal. Whether you're looking to expand your real estate portfolio or secure a coastal asset with immediate cash flow, this property offers a rare opportunity to own an income-producing home in one of Southern California's most desirable beach communities. Property to be sold with tenant in place. Buyer to cooperate with existing tenancy.

309 Calle Montecito, Oceanside

$3,699,000
2 Beds 2 Baths OC26160522 MLS ACTIVE Status
This 1988 constructed complex is down the street from Downtown Escondido, and consists of (10) 2 Bedroom Units, plus a non-conforming studio. All units have been recently renovated, providing a low-maintenance investment with immediate cash flow. The property offers a 5.31% current cap rate with upside. Situated in a highly walkable location with a 90 Walk Score, the property is just 0.4 to 0.6 miles from Downtown Escondido's restaurants, retail, and entertainment. The surrounding area boasts an average household income of approximately $103,000, while homeownership costs are approximately double the average apartment rent. Additionally, the property is not subject to local rent control, providing greater operational flexibility for future ownership. This 1988 constructed complex is down the street from Downtown Escondido, and consists of (10) 2 Bedroom Units, plus a non-conforming studio. All units have been recently renovated, providing a low-maintenance investment with immediate cash flow. The property offers a 5.31% current cap rate with upside. Situated in a highly walkable location with a 90 Walk Score, the property is just 0.4 to 0.6 miles from Downtown Escondido's restaurants, retail, and entertainment. The surrounding area boasts an average household income of approximately $103,000, while homeownership costs are approximately double the average apartment rent. Additionally, the property is not subject to local rent control, providing greater operational flexibility for future ownership.

331 Washington, Escondido

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

2428 Highland Ave, National City

$1,249,999
5 Beds 3 Baths PTP2605494 MLS ACTIVE Status
Welcome to 1831-1833 Felton Street, a beautifully renovated duplex in the heart of North Park, one of San Diego's most sought-after neighborhoods. This turnkey property features two attached units, making it an exceptional opportunity for owner-occupants, multigenerational living, or investors. The front unit offers 3 bedrooms, 2 bathrooms, and approximately 899 sq. ft., while the rear unit features 2 bedrooms, 1 bathroom, and approximately 636 sq. ft. Both homes have been thoughtfully updated with new cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and beautifully remodeled bathrooms with designer tile accents. Each unit also includes its own stackable washer and dryer, energy-efficient mini-split heating and air conditioning system, and separate private landscaped yardperfect for relaxing, entertaining, or enjoying San Diego's year-round sunshine. A new roof adds lasting value and peace of mind. While there is no garage or off-street parking, the property's generous outdoor living spaces provide an inviting extension of each home and a rare amenity for an urban setting. Ideally located just minutes from Balboa Park, Morley Field, downtown San Diego, and major freeways, this home places you in the center of North Park's vibrant lifestyle. Enjoy an eclectic mix of award-winning restaurants, craft breweries, coffee shops, boutiques, galleries, and neighborhood events, all contributing to the area's reputation as one of San Diego's most walkable and desirable communities. Whether you're looking to live in one unit and rent the other or Welcome to 1831-1833 Felton Street, a beautifully renovated duplex in the heart of North Park, one of San Diego's most sought-after neighborhoods. This turnkey property features two attached units, making it an exceptional opportunity for owner-occupants, multigenerational living, or investors. The front unit offers 3 bedrooms, 2 bathrooms, and approximately 899 sq. ft., while the rear unit features 2 bedrooms, 1 bathroom, and approximately 636 sq. ft. Both homes have been thoughtfully updated with new cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and beautifully remodeled bathrooms with designer tile accents. Each unit also includes its own stackable washer and dryer, energy-efficient mini-split heating and air conditioning system, and separate private landscaped yardperfect for relaxing, entertaining, or enjoying San Diego's year-round sunshine. A new roof adds lasting value and peace of mind. While there is no garage or off-street parking, the property's generous outdoor living spaces provide an inviting extension of each home and a rare amenity for an urban setting. Ideally located just minutes from Balboa Park, Morley Field, downtown San Diego, and major freeways, this home places you in the center of North Park's vibrant lifestyle. Enjoy an eclectic mix of award-winning restaurants, craft breweries, coffee shops, boutiques, galleries, and neighborhood events, all contributing to the area's reputation as one of San Diego's most walkable and desirable communities. Whether you're looking to live in one unit and rent the other or expand your investment portfolio with a move-in-ready property, this exceptional duplex offers modern upgrades, private outdoor space, and an unbeatable location.

1831-33 Felton St, Golden Hill

$1,649,000
8 Beds 8 Baths 260017748 MLS ACTIVE Status Claydelle BLDG.
Well-maintained, income-producing 4-unit property featuring three spacious townhomes with 2 bedrooms and 1.5 bathrooms, plus one 2-bedroom, 2-bath apartment. Set back from the street for added privacy and conveniently located just minutes from Main Street, this property offers an attractive blend of comfort and convenience. Each two-story townhome includes side-by-side interior laundry with a washer and dryer, central air conditioning, an attached single-car garage, and a spacious primary bedroom with a walk-in closet. Three units feature private fenced yards, while the fourth enjoys two private balconies. Additional parking includes three carports and one dedicated off-street parking space. Located in the desirable Claydelle community with no HOA or Mello-Roos fees, this is an excellent investment opportunity offering desirable townhome-style living that appeals to long-term tenants. Well-maintained, income-producing 4-unit property featuring three spacious townhomes with 2 bedrooms and 1.5 bathrooms, plus one 2-bedroom, 2-bath apartment. Set back from the street for added privacy and conveniently located just minutes from Main Street, this property offers an attractive blend of comfort and convenience. Each two-story townhome includes side-by-side interior laundry with a washer and dryer, central air conditioning, an attached single-car garage, and a spacious primary bedroom with a walk-in closet. Three units feature private fenced yards, while the fourth enjoys two private balconies. Additional parking includes three carports and one dedicated off-street parking space. Located in the desirable Claydelle community with no HOA or Mello-Roos fees, this is an excellent investment opportunity offering desirable townhome-style living that appeals to long-term tenants.

360 Claydelle Ave, El Cajon

$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

$1,350,000
PTP2605470 MLS ACTIVE Status
Rate too high? Seller is willing to provide a closing cost credit to help buy down your rate and reduce your monthly payment! Welcome to a rare multi-unit property featuring three separate 2-bedroom, 1-bath residences on one lot with each private yard, offering flexibility, income potential, and future upside. This property is well-positioned for investors, owner-occupants, or buyers looking to add value over time. Major capital improvements have already been completed, including a brand-new roof, new windows throughout, and newly paved asphalt parking, reducing near-term maintenance co-expenses. Each unit is individually metered for water, electricity, and gas, allowing for efficient management and simplified utility billing. The layout provides strong functionality with each residence maintaining its own private living space, making the property ideal for long-term rentals or multi-generational use. The lot configuration also presents an excellent opportunity to maximize the propertys potential by adding additional units or pursuing future expansion, subject to buyer verification and local approvals. Conveniently located near freeways, shopping, schools, and public transportation, this South San Diego property offers a solid foundation today with meaningful upside for tomorrow. Rate too high? Seller is willing to provide a closing cost credit to help buy down your rate and reduce your monthly payment! Welcome to a rare multi-unit property featuring three separate 2-bedroom, 1-bath residences on one lot with each private yard, offering flexibility, income potential, and future upside. This property is well-positioned for investors, owner-occupants, or buyers looking to add value over time. Major capital improvements have already been completed, including a brand-new roof, new windows throughout, and newly paved asphalt parking, reducing near-term maintenance co-expenses. Each unit is individually metered for water, electricity, and gas, allowing for efficient management and simplified utility billing. The layout provides strong functionality with each residence maintaining its own private living space, making the property ideal for long-term rentals or multi-generational use. The lot configuration also presents an excellent opportunity to maximize the propertys potential by adding additional units or pursuing future expansion, subject to buyer verification and local approvals. Conveniently located near freeways, shopping, schools, and public transportation, this South San Diego property offers a solid foundation today with meaningful upside for tomorrow.

1877 Donax Ave, Otay Mesa

$1,900,000
7 Beds 5 Baths OC26157239 MLS ACTIVE Status
Zone Multifamily. Great for large family or live in one and rent out the other. Welcome to this beautifully updated home in a prime location, offering the perfect combination of modern comfort, privacy, tranquility, and exceptional convenience. Located on a very quiet, family-friendly cul-de-sac surrounded by beautiful mature landscaping, this home provides an ideal environment for working from home, relaxing, and enjoying nature. The neighborhood is so peaceful that you can hear the birds singing throughout the day. The home features a very large, private backyard with a serene canyon view and refreshing bay breezes perfect for outdoor living, entertaining, gardening, or simply unwinding after a busy day. Zone Multifamily. Great for large family or live in one and rent out the other. Welcome to this beautifully updated home in a prime location, offering the perfect combination of modern comfort, privacy, tranquility, and exceptional convenience. Located on a very quiet, family-friendly cul-de-sac surrounded by beautiful mature landscaping, this home provides an ideal environment for working from home, relaxing, and enjoying nature. The neighborhood is so peaceful that you can hear the birds singing throughout the day. The home features a very large, private backyard with a serene canyon view and refreshing bay breezes perfect for outdoor living, entertaining, gardening, or simply unwinding after a busy day.

3136 Natchez Ave, Clairemont/Bay Park

$1,400,000
7 Beds 5 Baths PTP2605450 MLS ACTIVE Status
A rare opportunity to own two large detached homes (7-bedrooms!) on one lot in a desirable beach community. Whether you're searching for a multigenerational property, an income-producing investment, or a home where rental income helps pay the mortgage, this unique property is it. The front house is very unique, inspired by the timeless architecture of New Orleans' French Quarter, this impressive 2,420 sq. ft. home features graceful arched balconies, generous living spaces and an open floor plan. Recently updated, it's ready for immediate occupancy. The detached rear house is tucked privately off the alley, enjoys its own separate access, creating excellent privacy between both homes. This remodeled 1,180 sq. ft. home offers luxury vinyl plank flooring, fresh interior paint, an upgraded kitchen, a 1-car garage, and parking for 3-4 additional vehicles. With over 3,600 square feet of combined living space, abundant off-street parking, updated interiors, and two completely separate homes, opportunities like this rarely become available in Imperial Beach. Live in one, rent the other, accommodate extended family, or add a high-performing asset to your investment portfolio, all just minutes from the beach, the bay, restaurants, shopping, and the Bayshore Bikeway. A rare opportunity to own two large detached homes (7-bedrooms!) on one lot in a desirable beach community. Whether you're searching for a multigenerational property, an income-producing investment, or a home where rental income helps pay the mortgage, this unique property is it. The front house is very unique, inspired by the timeless architecture of New Orleans' French Quarter, this impressive 2,420 sq. ft. home features graceful arched balconies, generous living spaces and an open floor plan. Recently updated, it's ready for immediate occupancy. The detached rear house is tucked privately off the alley, enjoys its own separate access, creating excellent privacy between both homes. This remodeled 1,180 sq. ft. home offers luxury vinyl plank flooring, fresh interior paint, an upgraded kitchen, a 1-car garage, and parking for 3-4 additional vehicles. With over 3,600 square feet of combined living space, abundant off-street parking, updated interiors, and two completely separate homes, opportunities like this rarely become available in Imperial Beach. Live in one, rent the other, accommodate extended family, or add a high-performing asset to your investment portfolio, all just minutes from the beach, the bay, restaurants, shopping, and the Bayshore Bikeway.

1012-16 11th St, Imperial Beach

$1,450,000
6 Beds 6 Baths 260017617 MLS ACTIVE Status N/A BLDG.
3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual Central A/C and Heating systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box. 3 INCOME-PRODUCING UNITS WITH HUGE UPSIDE POTENTIAL IN RENTS! Located in the heart of North Park, this turnkey triplex at 4136 Cherokee Ave offers a rare opportunity for investors seeking immediate cash flow with room to grow. All three units are currently occupied and generating income. Each unit lives like a townhome rather than a typical rental, featuring 2 bedrooms, 1.5 baths, in-unit laundry, a private yard, and 2 dedicated parking spots. Every unit has been recently renovated with newer kitchens and baths, updated flooring, windows, and doors, stainless steel appliances, upgraded cabinetry, and individual mini-split A/C systems for tenant comfort and efficiency. Ideally situated close to everything North Park has to offer — trendy restaurants, breweries, boutique shops, and parks — with easy freeway access for commuters. Whether you're building a rental portfolio or looking for a turnkey multi-unit investment with strong upside, this property checks every box.

4136 Cherokee, North Park

$2,600,000
57 Beds 63 Baths 260017544 MLS ACTIVE Status
We are pleased to present 430 47th Street, a newly constructed seven-unit multifamily investment opportunity located in San Diego's Chollas View neighborhood. This turnkey property combines the charm of a beautifully remodeled front home with the efficiency and low-maintenance benefits of six newly constructed one-bedroom residences, making it an ideal addition to any investment portfolio. Designed to appeal to today's renters, each unit features modern finishes including quartz stone countertops, stainless steel appliances, in-unit laundry, luxury vinyl plank flooring, and efficient floor plans. Several of the units also offer private side yards, providing desirable outdoor living space that is uncommon in similar apartment communities. One of the property's most valuable features is its eight off-street parking spaces. Parking is increasingly difficult to find in many newer multifamily developments throughout San Diego, making this a significant competitive advantage that enhances tenant satisfaction and helps minimize turnover. The property is currently in the lease-up phase, with three of the seven units already occupied and additional leases in progress. This allows a new owner to benefit from continued stabilization while capturing future rental upside as the remaining units are leased. Located in an area experiencing continued investment and redevelopment, 430 47th Street offers investors the rare opportunity to acquire a newly built, low-maintenance asset with modern amenities, strong tenant appeal, and long-term income potential.

430 47th St, Golden Hill

$9,250,000
66 Beds 54 Baths 260017481 MLS ACTIVE Status
Raintree Terrace is an 18-unit gated residential community located at 307 Sycamore Road in San Ysidro. Built in 2016 as individually designed condominium-style townhomes and currently operated as a single apartment complex, the property consists entirely of spacious three- and four-bedroom residences averaging approximately 1,700 square feet. Each unit features a direct-entry two-car garage, private balcony or patio, full-size washer and dryer, quartz countertops, stainless steel appliances, central air conditioning, and an open-concept floor plan. Situated on approximately 0.98 acres, the property offers modern construction, strong in-place cash flow, limited near-term capital needs, and additional rental upside. Raintree Terrace is exempt from California AB 1482 rent control and the City of San Diego Tenant Protection Ordinance through 2031 under applicable new-construction exemptions. The community provides convenient access to Interstates 5 and 805, SR-905, the San Ysidro Port of Entry, and employment centers throughout South San Diego County. An adjacent approximately one-acre parcel, approved for 24 additional townhome-style units, is also available separately or together with the property, offering an opportunity to develop a complementary second phase or assemble a larger residential investment. Buyer to verify all information, approvals, exemptions, and development potential.

307 Sycamore, San Ysidro

$739,000
3 Beds 2 Baths 260017476 MLS ACTIVE Status Chula Vista BLDG.
Rare opportunity in Chula Vista! 1069–1071 Madison Avenue offers a flexible two-unit setup on an oversized lot in a prime location near Gaylord resort, Broadway, Costco, shopping, dining, and everyday conveniences. Originally a 3-bedroom, 2-bath home, the property has been thoughtfully divided into two separate living spaces: a front 2-bedroom, 1-bath unit ($2,500 rent a month) and a rear 1-bedroom, 1-bath unit ($1,600 a month rent). Both units are currently tenant-occupied, offering immediate income potential for investors. For owner-occupant buyers, tenants may be able to vacate prior to close of escrow. The property features updated interiors, included appliances, a large storage shed, and a spacious lot that allows parking for up to eight cars. The rear RV carport includes utility connections for water, sewer, and trash, storage, parking, or flexible future use. This is a rare chance to own two units plus RV parking on one of the larger lots in the area. Whether you are looking to house hack, expand your rental portfolio, or occupy one unit while generating income from the other, this property offers flexibility, location, and opportunity. All appliances convey. White washer and dryer in rear convey; silver washer and dryer do not convey. Some photos have been digitally modified using AI furniture removal to help buyers visualize the space. Buyer to verify all permits, square footage, zoning, unit configuration, rental use, parking, and utility connections prior to close of escrow. Please note proerty is zoned sfr but permitted to split into 2. Permits under docs.

1071-1069 Madison Ave, Chula Vista

$4,799,500
14 Beds 13 Baths 260017411 MLS ACTIVE Status
We are pleased to present "Atlas 12 at Imperial Beach" a twelve-unit multifamily community located in the highly accessible Imperial Beach neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego's most strategically positioned submarkets. Completed in 2026, Atlas 12 at Imperial Beach consists of ten (10) one-bedroom/one-bathroom units averaging approximately 496 square feet, one (1) one-bedroom/one-bathroom unit at approximately 747 square feet, and one (1) three-bedroom/two-bathroom unit at approximately 1,084 square feet. Each unit features a thoughtfully designed layout to maximize living space and functionality for today's urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood with ample street parking available for all tenants within walking distance to local schools and parks. Centrally located in Imperial Beach with easy access to the beach, local dining, and major transportation routes, "Atlas 12 at Imperial Beach" benefits from excellent connectivity and tenant accessibility.

832 Desty St, Otay Mesa

$1,495,000
7 Beds 4 Baths 260017400 MLS ACTIVE Status N/A BLDG.
Exceptional investment opportunity featuring two newly completed residences on one lot, each with its own address, parking, and strong income potential. With construction just completed, both homes are move-in ready and offer the rare opportunity to acquire a turnkey property with immediate occupancy and minimal maintenance concerns. The front residence, 2743 Wilma Street, offers 3 bedrooms, 2 bathrooms, and approximately 1,430 square feet of modern living space. The rear residence, 2745 Wilma Street, is a newly constructed 4-bedroom, 2-bathroom ADU spanning approximately 1,200 square feet. Each home includes two dedicated tandem parking spaces, providing a total of four off-street parking spaces. Thoughtfully designed for owner-occupants, multigenerational households, or investors, both homes feature contemporary finishes, efficient floor plans, and the benefits of brand-new construction. Whether living in one residence and renting the other or maximizing income by leasing both, the property offers exceptional flexibility and long-term value. Situated in a convenient National City location, residents enjoy easy access to Interstate 5, Interstate 805, and State Route 54, connecting them to Downtown San Diego, Naval Base San Diego, Chula Vista, and beyond. The property is located near shopping centers, restaurants, schools, parks, healthcare facilities, and public transportation. National City's continued growth and redevelopment, combined with its central location and strong rental demand, make this an attractive opportunity for both investors and owner-users.

2743-45 Wilma St, National City

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,