Sorrento Mesa Real Estate Search

Sorrento Mesa Multi-Family Properties for Sale

Our website features the best real estate search for multi-family properties available in Sorrento Mesa and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

You can save searches, and get daily email alerts of new listings, price changes, sold data, and market reports. Our Interactive Map Search allows you to view properties on a map or refine your search by drawing the boundaries around the area you desire.

Curious about what’s happening in the Sorrento Mesa real estate market? Sign up for a  Sorrento Mesa Real Estate Market Report to see what’s active, under contract, and sold!

Considering selling or refinancing your home? Get an INSTANT property valuation now!

Newest Sorrento Mesa Multi-Family Homes for Sale

221 S Nevada St, Oceanside
$9,250,000
31 Beds ⋅ 28 Baths ⋅ 260011744 MLS ⋅ ACTIVE Status
Offered for sale is a premier residential multifamily investment in the vibrant downtown coastal community of Oceanside, California. This turn-key property features a highly desirable beach-close location and an attractive unit mix consisting primarily of spacious two-bedroom townhouse-style units, many with private garages. The property has undergone a complete high-end renovation, including new luxury vinyl plank flooring throughout, stunning quartz countertops, designer cabinetry, fully updated bathrooms, and fresh interior and exterior paint. Now fully stabilized at 100% occupancy with strong performing rents, this asset is in pristine condition—eliminating immediate capex needs and positioning it as a low-maintenance, high appeal investment. The exceptional coastal location, premium renovations, desirable unit mix, and stable cash flow combine to make this a standout opportunity in a thriving market. The El Jugador Townhomes boast an outstanding "Walker's Paradise" rating with a Walk Score of 92. Residents enjoy a short four-block stroll to the Oceanside Transit Center, providing convenient bus service to nearby communities; Sprinter Rail to Escondido (including CSU San Marcos); Coaster service to downtown San Diego; and Amtrak connections to Orange County and Los Angeles. Downtown Oceanside—offering an array of dining, shopping, and nightlife—is easily walkable, making it a popular destination for millennials. The wide sandy beaches, iconic pier, and harbor are just six blocks away, accessible on foot or by bike.

221 S Nevada St, Oceanside

1541 8th Ave, Downtown
$5,250,000
4 Beds ⋅ 24 Baths ⋅ 260011471 MLS ⋅ ACTIVE Status
pleased to present 1451 8th Avenue, a 25-unit apartment community located in the highly desirable Cortez Hill neighborhood of Downtown San Diego. Originally constructed in 1914, the property consists of a unique mix of studio units, one-bedroom apartments, and a penthouse/commercial unit, offering investors a rare opportunity to acquire a character-rich asset in one of Downtown San Diego’s most established residential enclaves. The property also features a shared laundry facility and a substantial basement-level storage area, providing added convenience for tenants and potential operational upside for ownership. Additionally, the offering includes attractive assumable financing, with an existing $1.25 million loan at a 3.45% fixed interest rate through September 2030, presenting a compelling opportunity to secure below-market debt in today’s higher interest rate environment. Situated in Cortez Hill, the property benefits from one of the most walkable residential neighborhoods in Downtown San Diego, where residents enjoy convenient access to daily amenities, restaurants, retail, and entertainment. The location places tenants within walking distance of several of Downtown’s most vibrant districts including Little Italy, the Gaslamp Quarter, and East Village, all of which offer a wide array of dining, nightlife, shopping, and employment opportunities. Additionally, Balboa Park, one of the nation’s largest urban parks and home to numerous museums and the San Diego Zoo, is located just minutes away, providing exceptional outdoor and cultural amenities.

1541 8th Ave, Downtown

1815 La Siesta, National City
$4,999,000
260011371 MLS ⋅ COMING SOON Status
Introducing an exceptional󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 newly constructed 9-unit and 2 single family homes investment opportunity in the heart of National City, thoughtfully designed with modern comfort, style, and functionality in mind. This income-producing property features an attractive and versatile unit mix, including one 3-bedroom unit, five 2-bedroom/2-bath units, one 1-bedroom unit, two studio units, and two 2 bed/2 bath homes making it ideal for maximizing rental income and attracting a wide range of tenants. In addition to the apartment units, the property also includes two separate homes, offering even greater flexibility and income potential. Each residence has been beautifully designed with high-end flooring throughout, premium appliances, modern fixtures, and stylish finishes that create a comfortable, upscale living experience with low-maintenance appeal. Tenants will appreciate the onsite laundry facilities, dedicated parking, and additional storage units, all adding to the convenience and desirability of the property. Select units showcase stunning views of downtown San Diego and the iconic Coronado Bridge, enhancing the overall appeal and rental demand. Located in beautiful National City, this turnkey asset presents an outstanding opportunity for investors seeking strong cash flow, modern construction, and long-term growth potential in one of San Diego County’s rapidly evolving communities.

1815 La Siesta, National City

764-766 N Grape St, Escondido
$1,395,000
4 Beds ⋅ 4 Baths ⋅ 260010981 MLS ⋅ ACTIVE Status ⋅ 764-766 N Grape St BLDG.
This is the one! Beautifully rebuilt and extensively remodeled with upscale finishes and major system upgrades throughout. Rebuilt by the builder for himself in 2021–2023, this property offers far more than cosmetic improvements with new electrical wiring, new water supply lines, new sewer lines including under-slab plumbing, new roofs, new kitchen cabinetry and appliances, new bathroom cabinetry and fixtures, and even beautifully finished curbless showers. The property consists of two 2 bed/1 bath units, one large studio, and one junior studio, creating exceptional flexibility for investors, multigenerational living, or a family compound setup. Three of the four units feature their own stacked washer/dryer. Each unit also includes off-street parking, separate fenced outdoor space, and remote gated access to the property. Designed with durability, functionality, and ease of maintenance in mind, this is a rare opportunity to acquire a turnkey multi-unit property where the heavy lifting has already been completed. Must see in person to appreciate the quality of workmanship and thoughtful improvements throughout. Located just minutes from vibrant Downtown Escondido, residents can enjoy a growing mix of restaurants, coffee shops, breweries, wine bars, boutiques, and local events that continue to energize the area. Friday night cruising on Grand Avenue remains a longtime local tradition, bringing classic cars and community activity into the heart of downtown. This location offers both convenience and authentic neighborhood feel that continues to attract renters & owner-occupied. This is the one! Beautifully rebuilt and extensively remodeled with upscale finishes and major system upgrades throughout. Rebuilt by the builder for himself in 2021–2023, this property offers far more than cosmetic improvements with new electrical wiring, new water supply lines, new sewer lines including under-slab plumbing, new roofs, new kitchen cabinetry and appliances, new bathroom cabinetry and fixtures, and even beautifully finished curbless showers. The property consists of two 2 bed/1 bath units, one large studio, and one junior studio, creating exceptional flexibility for investors, multigenerational living, or a family compound setup. Three of the four units feature their own stacked washer/dryer. Each unit also includes off-street parking, separate fenced outdoor space, and remote gated access to the property. Designed with durability, functionality, and ease of maintenance in mind, this is a rare opportunity to acquire a turnkey multi-unit property where the heavy lifting has already been completed. Must see in person to appreciate the quality of workmanship and thoughtful improvements throughout. Located just minutes from vibrant Downtown Escondido, residents can enjoy a growing mix of restaurants, coffee shops, breweries, wine bars, boutiques, and local events that continue to energize the area. Friday night cruising on Grand Avenue remains a longtime local tradition, bringing classic cars and community activity into the heart of downtown. This location offers both convenience and authentic neighborhood feel that continues to attract renters & owner-occupied.

764-766 N Grape St, Escondido

405 N Juniper St, Escondido
$875,000
NDP2604350 MLS ⋅ ACTIVE Status
Back on Market! Previous escrow canceled through no fault of the seller. Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily property features three separate units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and an established income history. Seller has completed repairs and improvements based on items identified in a recent property inspection report. The inspection report, along with receipts/documentation for completed repairs, will be provided for review at the time of offer. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design provides separation between units, while fenced on-site parking adds convenience and securityan especially desirable feature in a downtown setting. The overall configuration supports consistent occupancy and appeals to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally situated near shopping, restaurants, entertainment, and local services, the property benefits from its location in a vibrant and walkable neighborhood. Residents can enjoy nearby retail and dining options, along with convenient access to public transportation and major commuter routes. Located in a high-demand rental market, this property's functional layout, established tenancy, and tenant-friendly amenities present a compelling opportunity for investors seeking an income-producing multifamily as Back on Market! Previous escrow canceled through no fault of the seller. Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily property features three separate units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and an established income history. Seller has completed repairs and improvements based on items identified in a recent property inspection report. The inspection report, along with receipts/documentation for completed repairs, will be provided for review at the time of offer. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design provides separation between units, while fenced on-site parking adds convenience and securityan especially desirable feature in a downtown setting. The overall configuration supports consistent occupancy and appeals to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally situated near shopping, restaurants, entertainment, and local services, the property benefits from its location in a vibrant and walkable neighborhood. Residents can enjoy nearby retail and dining options, along with convenient access to public transportation and major commuter routes. Located in a high-demand rental market, this property's functional layout, established tenancy, and tenant-friendly amenities present a compelling opportunity for investors seeking an income-producing multifamily asset with potential for future upside. Don't miss the opportunity to add this Downtown Escondido multifamily property to your investment portfolio.

405 N Juniper St, Escondido

405 N Juniper St, Escondido
$875,000
NDP2604351 MLS ⋅ ACTIVE Status
Back on Market! Previous escrow canceled through no fault of the seller. Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily property features three separate units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and an established income history. Seller has completed repairs and improvements based on items identified in a recent property inspection report. The inspection report, along with receipts/documentation for completed repairs, will be provided for review at the time of offer. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design provides separation between units, while fenced on-site parking adds convenience and securityan especially desirable feature in a downtown setting. The overall configuration supports consistent occupancy and appeals to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally situated near shopping, restaurants, entertainment, and local services, the property benefits from its location in a vibrant and walkable neighborhood. Residents can enjoy nearby retail and dining options, along with convenient access to public transportation and major commuter routes. Located in a high-demand rental market, this property's functional layout, established tenancy, and tenant-friendly amenities present a compelling opportunity for investors seeking an income-producing multifamily as Back on Market! Previous escrow canceled through no fault of the seller. Here's a rare opportunity to own a sought-after multi-residential income property in the thriving heart of Downtown Escondido. This two-story multifamily property features three separate units: two 1-bedroom units on the lower level and one 2-bedroom unit upstairs, offering strong rental appeal and an established income history. Seller has completed repairs and improvements based on items identified in a recent property inspection report. The inspection report, along with receipts/documentation for completed repairs, will be provided for review at the time of offer. The property is thoughtfully configured with a practical layout that maximizes privacy and functionality. Its two-story design provides separation between units, while fenced on-site parking adds convenience and securityan especially desirable feature in a downtown setting. The overall configuration supports consistent occupancy and appeals to tenants seeking comfortable living in a central location with easy access to everyday essentials. Ideally situated near shopping, restaurants, entertainment, and local services, the property benefits from its location in a vibrant and walkable neighborhood. Residents can enjoy nearby retail and dining options, along with convenient access to public transportation and major commuter routes. Located in a high-demand rental market, this property's functional layout, established tenancy, and tenant-friendly amenities present a compelling opportunity for investors seeking an income-producing multifamily asset with potential for future upside. Don't miss the opportunity to add this Downtown Escondido multifamily property to your investment portfolio.

405 N Juniper St, Escondido

185 Saxony Rd, Encinitas
$20,100,000
45 Beds ⋅ 45 Baths ⋅ 260010705 MLS ⋅ ACTIVE Status
Kidder Mathews is proud to exclusively offer for sale this fully renovated, 32-unit luxury apartment community in the heart of coastal Encinitas. Nestled in one of North San Diego County’s most coveted beachside enclaves—just 0.8 miles from Moonlight State Beach and under 1 mile from Downtown Encinitas’ bustling shops, restaurants, and surf culture— The Gemma delivers an irreplaceable walk-to-everything lifestyle in a market with virtually no new supply. This turn-key trophy asset has undergone a complete 2025 renovation to institutional standards, featuring all-new quartz countertops, fully renovated kitchens and bathrooms, luxury vinyl plank flooring, new AC units, a brand-new roof, and full re-plumbing with new water supply lines in every unit. The freshly painted exterior enhances curb appeal, while 13 spacious two-bedroom, two-bath townhomes and 19 one bedroom, one-bath flats (32 units total) deliver a highly desirable, family-friendly mix commanding premium coastal rents. With quality post renovation systems installed, minimal near-term CapEx, and Encinitas vacancy below 2.5%, The Gemma offers immediate stabilized cash flow, organic rent growth, and long-term appreciation in a submarket where median home prices exceed $2.1M. This rare offering combines 2025-renovated luxury, proven coastal demand, and embedded upside—a true core-plus investment in the crown jewel of North County.

185 Saxony Rd, Encinitas

2828 Howard Ave, North Park
$4,050,000
8 Beds ⋅ 12 Baths ⋅ 260010099 MLS ⋅ ACTIVE Status
NEW PRICING! We are pleased to present for sale the Howard Lofts (the “Property”), a luxury 12-unit, new construction, boutique multifamily community located in the heart of San Diego’s Coveted North Park submarket. The Property was completed in 2024 and offers meticulously designed loft-style apartment homes with elevated living in this prime urban infill submarket. The apartment homes were carefully designed to unlock the unit’s full potential by optimizing space and creating easy to live in floor plans with top-of-the-line finishes and are comprised of four (4) studios and eight (8) one bedroom / one bathroom units. North Park continues to attract quality renters seeking a high-end urban living experience, drawn by the neighborhood’s exceptional walkability, vibrant dining and culture scene, and proximity to San Diego’s major employment corridors. Situated within San Diego County, one of the most undersupplied and fundamentally sound rental markets in California, North Park benefits from strong, sustained demand underpinned by persistent housing shortages and favorable demographic trends. 2828 Howard is one of the few boutique new construction multifamily properties offered for sale in North Park, offering a level of design, finish quality, and loft-style living that remains uncommon for small scale urban infill projects. With a Walk Score of 97, the immediate location benefits from a fully amentized neighborhood with parks, retail, an assortment of dining options, and nightlife all within a short walk.

2828 Howard Ave, North Park

3546-3552 47th St, East San Diego
$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

390-392 Del Mar Ave, Chula 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

3135 E Valley Pkwy, Escondido
$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

4843-4845 Voltaire St, Ocean Beach (OB)
$3,950,000
260009669 MLS ⋅ ACTIVE Status
Introducing Voltaire Villas,󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 a standout mixed-use investment opportunity in San Diego’s highly sought-after Ocean Beach neighborhood. Seller financing debt is available, offering a $2,025,000 loan at 6% interest-only for a 3-year term. The property consists of eight total units, including two commercial suites and six residential units, offering a rare blend of diversified income, operational efficiency, and long-term upside in a premier coastal infill location. The residential unit mix is both functional and demand-driven, featuring four 1-bedroom/1-bath units and two studios, including two newly constructed units (one 1-bedroom/1-bath and one studio), all of which have been fully renovated and equipped with in-unit washer/dryer and air conditioning (select units) —an increasingly essential amenity for today’s renters. Completed in 2025, the extensive renovation program delivers a truly turnkey asset with significant capital improvements already in place. Both the interior and exterior have been fully modernized, including upgraded systems, new finishes, enhanced curb appeal with fresh paint, lighting, and signage, and minimal ongoing maintenance requirements—further supported by little to no landscape upkeep. The residential interiors feature bright, contemporary designs with wide-plank flooring, recessed lighting, modern kitchens with shaker cabinetry, quartz-style countertops, stainless steel appliances, and updated bathrooms, positioning the property to achieve and sustain premium rents.

4843-4845 Voltaire St, Ocean Beach (OB)

532 N 1st, El Cajon
$5,950,000
40 Beds ⋅ 20 Baths ⋅ 260009246 MLS ⋅ ACTIVE Status
Pleased to present a rare high cap rate investment opportunity in San Diego County. This 20-unit multifamily property offers strong in-place income with significant upside potential. The property consists of approximately 12,000 square feet of rentable space situated on a 21,928 square foot lot, featuring twenty (20) spacious two-bedroom, one-bathroom units. This well-located asset benefits from its proximity to key amenities, including shopping, parks, schools, and major transportation corridors. Conveniently positioned less than one mile from major retail and community resources such as Town & Country Shopping Center El Cajon, Wells Park, Boys & Girls Club of East County, and El Cajon Valley High School, the property also offers excellent access to Interstate 8 and State Route 67, providing connectivity to major employment hubs throughout San Diego County. Several units have been upgraded with modernized kitchens, updated flooring (tile and carpet), and new bathroom vanities, enhancing tenant appeal and rental potential. Community amenities include gated entry, off-street parking, an on-site laundry facility, a community courtyard, and a swimming pool, contributing to a comfortable and attractive living environment. This is an exceptional opportunity for investors seeking a stabilized asset with value-add potential in a high-demand rental market. Pleased to present a rare high cap rate investment opportunity in San Diego County. This 20-unit multifamily property offers strong in-place income with significant upside potential. The property consists of approximately 12,000 square feet of rentable space situated on a 21,928 square foot lot, featuring twenty (20) spacious two-bedroom, one-bathroom units. This well-located asset benefits from its proximity to key amenities, including shopping, parks, schools, and major transportation corridors. Conveniently positioned less than one mile from major retail and community resources such as Town & Country Shopping Center El Cajon, Wells Park, Boys & Girls Club of East County, and El Cajon Valley High School, the property also offers excellent access to Interstate 8 and State Route 67, providing connectivity to major employment hubs throughout San Diego County. Several units have been upgraded with modernized kitchens, updated flooring (tile and carpet), and new bathroom vanities, enhancing tenant appeal and rental potential. Community amenities include gated entry, off-street parking, an on-site laundry facility, a community courtyard, and a swimming pool, contributing to a comfortable and attractive living environment. This is an exceptional opportunity for investors seeking a stabilized asset with value-add potential in a high-demand rental market.

532 N 1st, El Cajon

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

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

428-38 Rosemont St, La Jolla
$4,500,000
4330 Beds ⋅ 3464 Baths ⋅ 260008602 MLS ⋅ ACTIVE Status
***PRICED TO SELL*** Value Add Upside Potential***Renovate Ready**Rent Reposition***Ay Carumba Stabilized Coastal Multifamily Asset Market Value $6,900,000***Mediterranean Coastal Affluent Community Highly Walkable Coastal Lifestyle With Proximity To Coastal Amenities & Employment Centers*** Year Round Mild Temperatures Ranging Mid-50s to Mid-70s***92037***La Jolla Driven By Education*Healthcare*Biotechnology*Research*Tourism*Professional Services*Provide A Strong Economic Base Which Support Upscale Single Family Homes*Luxury Condominiums*Apartment Buildings* A Local Commercial Corridor Offering Convenient Access To Retail, Dining, And Personal Services Within Walking Distance Sustaining Long Term Rental Desirability & Investment Stability***0.2 Miles To Neptune/ WINDNSEA Beach *Coastal Bluff With Pacific Ocean Views ***6 Units***Total 4,571Sq Ft Of Living Area***(4/6 renovation ready and vacant)***Two 2BR/2BA approx 900 Sq ft***Two 2BR/1BA approx 800 sq ft***Two 1BR/1BA approx 600 SqFt***On A Flat Level 9,227 (95 x100) Sq Ft Prominent Usable Corner Lot Providing Dual Street Frontage (Rosemont & Electric) With Alley Access Providing Enhanced Accessibility & 4 One Car Garages (10x24)***$29,800 Long Term Monthly Market Rent/ $357,600 YR***5.55% Cap Rate***GRM 12.6***Holy Schmoly Short Term/AIRBNB Monthly Rent $50,000/$600,000 YR*** Ability to Generate Additional $127K+ per Year Converting Four (10x24) 240 Sq Ft Garages into Studios Renting For $2,650 Mth*** Going Going Gon_! *** Value Add Upside Potential***Renovate Ready**Rent Reposition***Ay Carumba Stabilized Coastal Multifamily Asset Market Value $6,900,000***Mediterranean Coastal Affluent Community Highly Walkable Coastal Lifestyle With Proximity To Coastal Amenities & Employment Centers*** Year Round Mild Temperatures Ranging Mid-50s to Mid-70s***92037***La Jolla Driven By Education*Healthcare*Biotechnology*Research*Tourism*Professional Services*Provide A Strong Economic Base Which Support Upscale Single Family Homes*Luxury Condominiums*Apartment Buildings* A Local Commercial Corridor Offering Convenient Access To Retail, Dining, And Personal Services Within Walking Distance Sustaining Long Term Rental Desirability & Investment Stability***0.2 Miles To Neptune/ WINDNSEA Beach *Coastal Bluff With Pacific Ocean Views ***6 Units***Total 4,571Sq Ft Of Living Area***(4/6 renovation ready and vacant)***Two 2BR/2BA approx 900 Sq ft***Two 2BR/1BA approx 800 sq ft***Two 1BR/1BA approx 600 SqFt***On A Flat Level 9,227 (95 x100) Sq Ft Prominent Usable Corner Lot Providing Dual Street Frontage (Rosemont & Electric) With Alley Access Providing Enhanced Accessibility & 4 One Car Garages (10x24)***$29,800 Long Term Monthly Market Rent/ $357,600 YR***5.55% Cap Rate***GRM 12.6***Holy Schmoly Short Term/AIRBNB Monthly Rent $50,000/$600,000 YR*** Ability to Generate Additional $127K+ per Year Converting Four (10x24) 240 Sq Ft Garages into Studios Renting For $2,650 Mth*** Going Going Gon_!

428-38 Rosemont St, La Jolla

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

3056-& 3162 Carlsbad Boulevard, Carlsbad

426 Grant St, Oceanside
$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

630 N Juniper St, Escondido
$2,099,000
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

2351-53 Modesto St, East San Diego
$1,200,000
4 Beds ⋅ 2 Baths ⋅ NDP2603053 MLS ⋅ ACTIVE Status
CITY HEIGHTS DUPLEX | R-2 ZONED | IMMEDIATE INCOME + EXTRAORDINARY DEVELOPMENT UPSIDE Few opportunities arrive with this much aligned in your favor. A fully remodeled, income-producing R-2 zoned duplex on a 5,178 square foot lot, positioned in the heart of one of San Diego's most powerfully appreciating urban corridors, this is the kind of generational asset that sophisticated investors recognize immediately and move on decisively. City Heights is not emerging. It has emerged. The Mid-City submarket is experiencing a transformation that is redefining land values, reshaping the streetscape, and rewarding those who had the vision to act early. This property does not sit on the sidelines of that story. It sits at the center of it. Both units were comprehensively remodeled in 2022 to a standard that today's discerning residents expect and deserve. The upper level unfolds across approximately 950 square feet of beautifully appointed living space, offering 2 bedrooms, 1 bathroom, a sweeping open concept layout, custom quartz countertops, a stylish breakfast bar, stainless steel appliances, and the coveted convenience of in-unit laundry. The lower unit presents approximately 850 square feet of equally refined living, with 2 bedrooms, 1 bathroom, a private fenced yard that creates a genuine sense of arrival, and a dedicated laundry closet. Both residences feature individually fenced outdoor retreats and climate controlled comfort through wall and window air conditioning. These are not afterthought finishes. They are the details that attract quality long term residents and keep them CITY HEIGHTS DUPLEX | R-2 ZONED | IMMEDIATE INCOME + EXTRAORDINARY DEVELOPMENT UPSIDE Few opportunities arrive with this much aligned in your favor. A fully remodeled, income-producing R-2 zoned duplex on a 5,178 square foot lot, positioned in the heart of one of San Diego's most powerfully appreciating urban corridors, this is the kind of generational asset that sophisticated investors recognize immediately and move on decisively. City Heights is not emerging. It has emerged. The Mid-City submarket is experiencing a transformation that is redefining land values, reshaping the streetscape, and rewarding those who had the vision to act early. This property does not sit on the sidelines of that story. It sits at the center of it. Both units were comprehensively remodeled in 2022 to a standard that today's discerning residents expect and deserve. The upper level unfolds across approximately 950 square feet of beautifully appointed living space, offering 2 bedrooms, 1 bathroom, a sweeping open concept layout, custom quartz countertops, a stylish breakfast bar, stainless steel appliances, and the coveted convenience of in-unit laundry. The lower unit presents approximately 850 square feet of equally refined living, with 2 bedrooms, 1 bathroom, a private fenced yard that creates a genuine sense of arrival, and a dedicated laundry closet. Both residences feature individually fenced outdoor retreats and climate controlled comfort through wall and window air conditioning. These are not afterthought finishes. They are the details that attract quality long term residents and keep them. The leases in place and the income figures speak for themselves. The investment opportunity extends well beyond today's cash flow. The R-2 designation, layered with the City of San Diego's landmark ADU ordinance and its aggressive multi-family densification framework, transforms this lot into a genuine development platform. The paths forward are multiple and meaningful. Add accessory dwelling units and multiply your income streams. Maximize the allowable density envelope and reposition the asset for the next decade. The Mid-City Community Plan places this site squarely within the city's highest priority transit-oriented infill zones, which means policy, infrastructure, and capital are all moving in the same direction you are. The risk profile is equally compelling. Flood, fire, and wind exposure each score a remarkable 1 out of 10, supporting clean underwriting and favorable insurance economics. Hamilton Elementary, rated 8 out of 10, anchors the neighborhood's family appeal. Major freeways, thriving employment centers, and robust public transit connections are all within easy reach, fundamentals that sustain demand, validate comparable sales, and strengthen every exit strategy on your model. Whether you are a 1031 exchange buyer seeking a pristine capital preservation vehicle, a value-add investor ready to build on a turnkey foundation, or a developer strategically assembling a land position in one of Southern California's most supply-constrained and policy-favored urban infill markets, this is the opportunity that belongs at the top of your underwriting queue. Assets that unite immediate income, institutional quality finishes, zoning optionality, and locational irreplaceability at this price point are extraordinarily rare. When they appear, the window is brief. The numbers are exceptional. The upside is undeniable. The time to act is now.

2351-53 Modesto St, East San Diego

Start Your Search
board logo

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®,

How much is your home worth?

Get instant property value now!