Sorrento Mesa Real Estate Search

Sorrento Mesa Multi-Family Properties for Sale

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Newest Sorrento Mesa Multi-Family Homes for Sale

7054-56 Amherst St, Talmadge/San Diego Central
$1,539,999
7 Beds ⋅ 5 Baths ⋅ 260023641 MLS ⋅ ACTIVE Status
Rare turnkey duplex󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 in the East College Area / Rolando! Two detached homes on one lot, both updated in 2025 and currently leased. Front house (7054): 2 bedrooms, 2 baths, approx. 848 SF. Back house (7056): 5 bedrooms, 3 baths, approx. 1,708 SF. Total of 7 bedrooms and 5 baths across approx. 2,556 SF. Current gross scheduled rents of $8,930/month. Tenants pay cable, electricity and gas. Updated kitchens and bathrooms, modern finishes, central forced air and low-maintenance landscaping. RM-1-1 zoning. Minutes to SDSU, El Cajon Blvd shopping and dining, public transit and freeways. An excellent opportunity for investors or 1031 exchange buyers seeking strong, stable rental income in a high-demand location. Tenant-occupied: please do not disturb tenants. Showings by appointment only with 24-hour notice. Buyer to verify square footage, bedroom/bathroom count, permits, zoning and all information herein; information deemed reliable but not guaranteed. Duplex with two detached homes on one lot. Front house (7054): 2BR/2BA, approx. 848 SF, leased through 04/30/2027 at $2,900/mo. Back house (7056): 5BR/3BA, approx. 1,708 SF, leased through 08/01/2027 at $6,030/mo. Tenants pay cable, electricity and gas. Current gross scheduled rents $8,930/mo ($107,160/yr). Both leases remain in effect after sale; buyer to assume existing leases. Rent roll and leases available to qualified buyers upon request. Square footage and bedroom/bath counts per prior MLS and may differ from Assessor records; buyer to verify.

7054-56 Amherst St, Talmadge/San Diego Central

2005-07 Camino Rainbow, Fallbrook
$1,150,000
4 Beds ⋅ 2 Baths ⋅ PTP2607291 MLS ⋅ ACTIVE Status
Beautifully renovated duplex󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 situated on a spacious lot in the desirable Rainbow/Fallbrook community, offering an exceptional opportunity for investors, owner-occupants, or multigenerational living. Both residences have undergone extensive renovations with thoughtful updates throughout, creating a clean, modern, turnkey property that reflects exceptional pride of ownership. Improvements include new flooring, windows, upgraded kitchens with modern countertops and custom islands, remodeled bathrooms, updated fixtures, sinks, faucets, tile work, recessed lighting, Wi-Fi-enabled mini-split heating and cooling systems, smart-home features, landscaping, fencing, and independent updated electrical panels for each residence. Each unit offers comfortable and functional living spaces with modern finishes throughout. The expansive lot has been improved and graded, providing generous outdoor space and exciting possibilities for future expansion. The property may offer potential for adding an ADU and Junior ADU, creating an opportunity for additional living space, multigenerational use, or future rental income. Additional possibilities may include ranch or equestrian use, hobby farming, or other improvements. All future development and uses are subject to applicable County requirements, zoning, permits, and buyer verification. Conveniently located just minutes from Interstate 15, the property offers the privacy and space of country living while maintaining easy access to Fallbrook, Temecula, and surrounding North County communities. A rare opportunity to own a beautifully remodeled, inc Beautifully renovated duplex situated on a spacious lot in the desirable Rainbow/Fallbrook community, offering an exceptional opportunity for investors, owner-occupants, or multigenerational living. Both residences have undergone extensive renovations with thoughtful updates throughout, creating a clean, modern, turnkey property that reflects exceptional pride of ownership. Improvements include new flooring, windows, upgraded kitchens with modern countertops and custom islands, remodeled bathrooms, updated fixtures, sinks, faucets, tile work, recessed lighting, Wi-Fi-enabled mini-split heating and cooling systems, smart-home features, landscaping, fencing, and independent updated electrical panels for each residence. Each unit offers comfortable and functional living spaces with modern finishes throughout. The expansive lot has been improved and graded, providing generous outdoor space and exciting possibilities for future expansion. The property may offer potential for adding an ADU and Junior ADU, creating an opportunity for additional living space, multigenerational use, or future rental income. Additional possibilities may include ranch or equestrian use, hobby farming, or other improvements. All future development and uses are subject to applicable County requirements, zoning, permits, and buyer verification. Conveniently located just minutes from Interstate 15, the property offers the privacy and space of country living while maintaining easy access to Fallbrook, Temecula, and surrounding North County communities. A rare opportunity to own a beautifully remodeled, income-producing two-home property offering modern amenities, usable land, flexibility, and exciting future potential. Live in one and rent the other, create a multigenerational compound, explore the potential for an ADU and JR ADU, or add this unique property to your investment portfolio.

2005-07 Camino Rainbow, Fallbrook

3569 Monroe Ave, Normal Heights
$1,399,000
2 Beds ⋅ 1 Baths ⋅ NDP2608966 MLS ⋅ ACTIVE Status
Two Brand-New Construction󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 homes in the Heart of San Diego! A rare opportunity to own a thoughtfully designed property featuring two brand-new residences on one lot, offering exceptional flexibility for homeowners, multigenerational living, guests, or rental income. The newly constructed two-story front residence, designed for todays lifestyle, features a fresh, modern aesthetic, and an efficient floor plan. It features two bedrooms and 2 bathrooms, with approx. 900 sqft of living space. The two-story design creates a comfortable separation between living and sleeping spaces while maximizing the use of the footprint. Tandem driveway offers off street parking. Behind the main home is a brand-new detached ADU offering approximately 420 square feet, with 1 bedroom and 1 bathroom. This single-level residence provides an ideal private space for guests, extended family, a home office, or an additional rental opportunity. With its own dedicated living environment, the ADU adds tremendous versatility and value to the property. Two Brand-New Construction homes in the Heart of San Diego! A rare opportunity to own a thoughtfully designed property featuring two brand-new residences on one lot, offering exceptional flexibility for homeowners, multigenerational living, guests, or rental income. The newly constructed two-story front residence, designed for todays lifestyle, features a fresh, modern aesthetic, and an efficient floor plan. It features two bedrooms and 2 bathrooms, with approx. 900 sqft of living space. The two-story design creates a comfortable separation between living and sleeping spaces while maximizing the use of the footprint. Tandem driveway offers off street parking. Behind the main home is a brand-new detached ADU offering approximately 420 square feet, with 1 bedroom and 1 bathroom. This single-level residence provides an ideal private space for guests, extended family, a home office, or an additional rental opportunity. With its own dedicated living environment, the ADU adds tremendous versatility and value to the property.

3569 Monroe Ave, Normal Heights

1114 Buena Vista Way, Carlsbad
$2,000,000
NDP2608952 MLS ⋅ ACTIVE Status
Rare opportunity to own a turnkey, fully furnished duplex west of I-5 in the heart of Carlsbad Village. Comprehensively renovated in 2024, the property features two furnished residences, both currently leased, situated on an expansive approximately 9,276 SF lot. The property offers a unique combination of immediate income and future flexibility for an owner-user, second home, extended family, business partners, or investment. Designed for indoor-outdoor coastal living, the property features private outdoor spaces and a large landscaped backyard with mature landscaping, garden areas, fire pit, and enclosed entertaining bar. Walk to the beach, restaurants, cafs, shopping, and everything Carlsbad Village has to offer. An exceptional opportunity to own a flexible coastal property in one of North County San Diego's most desirable communities. Investment Highlights ?- Two Fully Furnished Residences | Both Leased Long-Term ?- $105,000 Annual In-Place Rental Income ?- Renovated in 2024 | Updated Electrical & Plumbing ?- 9,276 SF Lot with Expansive Landscaped Backyard ?- Indoor-Outdoor Living | Fire Pit & Entertaining Areas ?- Private Outdoor Spaces & In-Unit Laundry ?- West of I-5 | Walk to Beach, Dining & Carlsbad Village *Property is tenant occupied. Please do not disturb tenants or walk the property.* All showings by appointment only through listing broker. Buyer to independently verify all information including square footage, rents, zoning, permitted uses, development potential and short-term rental regulations. Rare opportunity to own a turnkey, fully furnished duplex west of I-5 in the heart of Carlsbad Village. Comprehensively renovated in 2024, the property features two furnished residences, both currently leased, situated on an expansive approximately 9,276 SF lot. The property offers a unique combination of immediate income and future flexibility for an owner-user, second home, extended family, business partners, or investment. Designed for indoor-outdoor coastal living, the property features private outdoor spaces and a large landscaped backyard with mature landscaping, garden areas, fire pit, and enclosed entertaining bar. Walk to the beach, restaurants, cafs, shopping, and everything Carlsbad Village has to offer. An exceptional opportunity to own a flexible coastal property in one of North County San Diego's most desirable communities. Investment Highlights ?- Two Fully Furnished Residences | Both Leased Long-Term ?- $105,000 Annual In-Place Rental Income ?- Renovated in 2024 | Updated Electrical & Plumbing ?- 9,276 SF Lot with Expansive Landscaped Backyard ?- Indoor-Outdoor Living | Fire Pit & Entertaining Areas ?- Private Outdoor Spaces & In-Unit Laundry ?- West of I-5 | Walk to Beach, Dining & Carlsbad Village *Property is tenant occupied. Please do not disturb tenants or walk the property.* All showings by appointment only through listing broker. Buyer to independently verify all information including square footage, rents, zoning, permitted uses, development potential and short-term rental regulations.

1114 Buena Vista Way, Carlsbad

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

4364-4372 Alabama St, North Park

4328 35th St, North Park
$1,100,000
4 Beds ⋅ 4 Baths ⋅ 260023409 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
A unique opportunity in Normal Heights! Situated on an R-3 Restricted Multiple zoned lot, 4328 35th Street features two separate buildings and a versatile property configuration with multiple private living spaces. The front residence is a charming 2-bedroom, 1-bath home featuring a fireplace, separate dining room, kitchen, and dedicated laundry room. The interior has been freshly painted, and the home’s natural hardwood floors have been beautifully refinished throughout, highlighting the warmth and character of this classic San Diego home. The second building offers three individual studio-style spaces, each with its own private exterior entrance, bathroom and closet. A separate community kitchen is available for the occupants of the three studios to share, providing a unique and flexible setup. The property also features six off-street parking spaces, which is a great convenience for this centrally located neighborhood. Zoned R-3 Restricted Multiple and conveniently located near Normal Heights, North Park, Adams Avenue, shopping, dining and major transportation routes. A distinctive property offering multiple spaces and tremendous possibilities in one of San Diego’s most centrally located communities. Buyer to independently verify zoning, permits, allowable uses, square footage and the current or potential use of all structures and spaces with the appropriate governmental agencies.

4328 35th St, North Park

8555-57 Winter Gardens Blvd, Lakeside
$1,100,000
8 Beds ⋅ 5 Baths ⋅ 260023358 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
CBRE is pleased󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 to present 8549-51 & 8555-57 Winter Gardens Blvd., a rare opportunity to acquire well maintained, 6-unit apartment building in one of San Diego’s fastest growing submarkets. Offered together or as separate triplexes, the two buildings are spread across two contiguous parcels. The property consists of mainly spacious three bedroom townhomestyle units. Built and maintained by a licensed contractor, the asset is in great condition, with updated systems and renovated interior units. Select unit features include central HVAC, in-unit laundry, twostory floor plans, and ample parking spaces with four (4) private garages. These premium amenities drive above-average renter demand, reduce turnover, and support top-of-market rents for the submarket. The majority three-bedroom configuration represents the highest-demand unit type in East County, where large-format units consistently outperform the broader rental market. Located along the Winter Gardens Boulevard corridor with direct access to Highway 67, the property benefits from strong submarket fundamentals driven by continued affordability migration from coastal San Diego. Immediate retail neighbors include Albertsons, Grocery Outlet, Walgreens, and Starbucks, with Downtown Lakeside minutes away. The property is directly adjacent to Winter Gardens Elementary School and other community parks. 8549-51 & 8555-57 Winter Gardens Blvd offers first-time investors or seasoned apartment owners an opportunity to purchase an extremely well-maintained property with strong cash flow in place.

8555-57 Winter Gardens Blvd, Lakeside

2611 Adams Ave, Normal Heights
$4,495,000
NDP2608921 MLS ⋅ ACTIVE Status
NORTH PARK |󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 SELLER FINANCING AVAILABLE. 2611 Adams Avenue is a fully renovated mixed-use income property along the highly desirable Adams Avenue Corridor. Offered at $4,495,000, the property features 10 furnished hotel suites currently operated by ownership plus a separately leased restaurant / hospitality component. Furnished suites have generated approximately $18,000/month in average historical income under current ownership. Seller is open to negotiating an approximately $15,000/month leaseback of the suite operations, with rent, term and other provisions negotiable. Restaurant is separately leased at $15,000/month under a long-term NN lease through August 2035 with 3% annual increases and additional percentage-rent potential. Fully renovated down to the studs in 2025. Prime North Park / Adams Avenue location. Approx. current 7.1% cap and $319K NOI based on current underwriting and owner-operated suite income.* Ideal 1031 exchange opportunity. Potential beer & wine license availability and owner-operator flexibility. Buyer to independently verify all financial, lease, licensing, use and property information. NORTH PARK | SELLER FINANCING AVAILABLE. 2611 Adams Avenue is a fully renovated mixed-use income property along the highly desirable Adams Avenue Corridor. Offered at $4,495,000, the property features 10 furnished hotel suites currently operated by ownership plus a separately leased restaurant / hospitality component. Furnished suites have generated approximately $18,000/month in average historical income under current ownership. Seller is open to negotiating an approximately $15,000/month leaseback of the suite operations, with rent, term and other provisions negotiable. Restaurant is separately leased at $15,000/month under a long-term NN lease through August 2035 with 3% annual increases and additional percentage-rent potential. Fully renovated down to the studs in 2025. Prime North Park / Adams Avenue location. Approx. current 7.1% cap and $319K NOI based on current underwriting and owner-operated suite income.* Ideal 1031 exchange opportunity. Potential beer & wine license availability and owner-operator flexibility. Buyer to independently verify all financial, lease, licensing, use and property information.

2611 Adams Ave, Normal Heights

3327 Polk Ave, North Park
$1,590,000
6 Beds ⋅ 5 Baths ⋅ NDP2608864 MLS ⋅ ACTIVE Status
Excellent Investment Opportunity!󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 This well-maintained triplex offers an attractive mix of units, convenient freeway access and a strong rental history. The property features a 3-bedroom/2-bath unit, a 2-bedroom/1-bath unit, and a 1-bedroom/1-bath unit, providing flexibility to appeal to a broad range of tenants. All but one of the bedrooms have laminate flooring, simplifying turnover and ongoing maintenance. The common areas have also been enhanced with beautiful hardwood fencing. The bedroom in the one-bedroom, one-bath front unit still has carpet. All other flooring throughout is laminate and the bathrooms have tile. Each unit features stainless steel appliances, quartz kitchen countertops, ceiling fans in every bedroom and living room and well-maintained interiors. There is no central A/C. The property offers off-street parking, a common-area laundry room, and inviting outdoor common space for residents to enjoy. Exterior lighting provides a well-lit environment at night. Each unit has an individual water heater. The laundry room is professionally managed. Conveniently located with easy freeway access and central to San Diego, this turnkey, easy-to-manage triplex offers an excellent combination of updated units, desirable amenities, and ongoing rental appeal. Excellent Investment Opportunity! This well-maintained triplex offers an attractive mix of units, convenient freeway access and a strong rental history. The property features a 3-bedroom/2-bath unit, a 2-bedroom/1-bath unit, and a 1-bedroom/1-bath unit, providing flexibility to appeal to a broad range of tenants. All but one of the bedrooms have laminate flooring, simplifying turnover and ongoing maintenance. The common areas have also been enhanced with beautiful hardwood fencing. The bedroom in the one-bedroom, one-bath front unit still has carpet. All other flooring throughout is laminate and the bathrooms have tile. Each unit features stainless steel appliances, quartz kitchen countertops, ceiling fans in every bedroom and living room and well-maintained interiors. There is no central A/C. The property offers off-street parking, a common-area laundry room, and inviting outdoor common space for residents to enjoy. Exterior lighting provides a well-lit environment at night. Each unit has an individual water heater. The laundry room is professionally managed. Conveniently located with easy freeway access and central to San Diego, this turnkey, easy-to-manage triplex offers an excellent combination of updated units, desirable amenities, and ongoing rental appeal.

3327 Polk Ave, North Park

1676 Chalcedony St, Pacific Beach/Mission Beach
$2,900,000
8 Beds ⋅ 8 Baths ⋅ 260023067 MLS ⋅ ACTIVE Status ⋅ Complex BLDG.
We are pleased󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 to exclusively present 1676 Chalcedony Street, a rare opportunity to acquire a meticulously renovated four-unit apartment community in the heart of Pacific Beach, one of San Diego’s most desirable coastal neighborhoods. Constructed in 1987 and located just ten blocks from the Pacific Ocean, the property offers an exceptional combination of prime location, large floor plans, luxury interior finishes, and long-term investment appeal. The property consists of an extremely desirable unit mix of four spacious two-bedroom, two-bathroom residences, each averaging approximately 820 square feet. Every apartment has been comprehensively upgraded to a true condominium-quality standard, featuring luxury vinyl plank flooring, designer kitchens with new appliance packages and built-in microwaves, beautifully renovated bathrooms, in-unit washers and dryers, and abundant natural light from oversized skylights that create bright, open living environments. The spacious primary suites include en-suite bathrooms with dual-sink vanities, offering a level of finish rarely found in multifamily investments of this size. Parking is a significant competitive advantage, with two dedicated off-street parking spaces provided for every residence. Two units benefit from a private garage in addition to an uncovered parking space, while the remaining two units each include a covered carport and an additional off-street space. Select units further enhance resident appeal, including Unit 2’s private fenced patio and yard, while all residents enjoy access to a shared outdoor patio. 1676 Chalcedony Street represents an exceptional opportunity to acquire a boutique coastal asset requiring virtually no deferred maintenance while offering investors flexibility for both traditional long-term rental operations and short-term rental strategies where permitted. With its rare large-unit configuration, luxury renovations, abundant parking, and premier Pacific Beach location, the property offers an institutional-quality investment combining stable in-place income with outstanding long-term appreciation potential in one of Southern California’s most supply-constrained rental markets.

1676 Chalcedony St, Pacific Beach/Mission Beach

4419 Narragansett Ave, Ocean Beach (OB)
$4,088,000
7 Beds ⋅ 5 Baths ⋅ 260023048 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
Variance granted 2-4󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Units: A rare coastal investment opportunity combining two substantial residences, exceptional parking, sophisticated design, and multiple income-producing strategies. This distinctive Point Loma property offers a 2,276-square-foot primary residence with 4 bedrooms and 2.5 bathrooms, complemented by a completely separate 1,200-square-foot second residence/ADU with 3 bedrooms and 2 bathrooms. The configuration creates exceptional flexibility for an investor, owner-user, multigenerational household, or buyer seeking to offset ownership costs with rental income. The property's two-residence layout provides multiple potential strategies, including renting both residences, living in one while leasing the other, multigenerational living, extended-stay accommodations, or maintaining a dedicated second residence for family, guests, or a home-based business, subject to applicable regulations and requirements. The separation between the residences enhances privacy while creating a compelling combination of lifestyle utility and investment potential. The 2,276-square-foot main residence showcases elevated modern design with subtle mid-century influences, expansive windows, soaring ceilings, rich wood flooring, dramatic full-height tiled feature walls, quartz countertops, and a sophisticated palette of walnut, white oak, crisp white, and bold black cabinetry. The kitchen features sleek designer appliances, a Blanco sink, and an oversized island designed for entertaining, casual dining, and everyday living. See Supplemental Remarks Multiple outdoor spaces further enhance the property's appeal, including a private side deck, backyard retreat, and exceptional rooftop entertaining area. The rooftop deck features built-in cabinetry, a refrigerator, expansive views, and refreshing coastal breezes—an ideal setting for entertaining, sunset gatherings, or enjoying the Point Loma lifestyle. The detached 1,200-square-foot second residence represents a significant component of the property's investment appeal. Offering 3 bedrooms, 2 bathrooms, designer finishes, and select ocean views, the residence functions as a substantial and completely separate living space with the potential to generate rental income while allowing the owner to occupy the main residence. For investors, the property presents an opportunity to diversify income across two residences rather than relying on a single rental unit. Ample parking for up to 7 vehicles, along with an electric vehicle charging outlet, adds meaningful value and functionality in this highly sought-after coastal location. For buyers evaluating the property through an investment lens, the combination of two substantial residences, flexible occupancy options, strong coastal location, exceptional parking, and high-quality construction creates a rare opportunity to acquire a versatile Point Loma asset with both lifestyle and income-producing potential. Located in the heart of Point Loma's coastal community, the property is just moments from the bay, Liberty Station, local dining and shopping, Sunset Cliffs, La Playa, and the vibrant energy of Ocean Beach. A rare opportunity to combine coastal living with flexible income potential and long-term investment utility in one of San Diego's most desirable neighborhoods.

4419 Narragansett Ave, Ocean Beach (OB)

5153-5155 Muir Ave, Ocean Beach (OB)
$3,599,000
6 Beds ⋅ 6 Baths ⋅ PTP2607108 MLS ⋅ ACTIVE Status
RARE OCEAN BEACH󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 INVESTMENT OPPORTUNITY TWO DETACHED RESIDENCES JUST 1/2 BLOCK FROM THE SAND WITH PRIOR CITY APPROVAL FOR CONDOMINIUM CONVERSION. An exceptional opportunity to own two substantial detached coastal residences on one parcel, offering approximately 3,370 sq. ft. of reported living area PLUS an additional approximately 1,000 sq. ft. attic/bonus area at 5153 Muir that is not included in the reported square footage. The property also features an extraordinary 10 on-site parking spaces, a 6,165 sq. ft. parcel plus an additional approximately 3,000 sq. ft. easement area, ocean views and tremendous flexibility for owner-users, investors or multi-generational living. 5153 Muir Front Residence: Charming Craftsman-style 3-bedroom, 2-bath home with wood floors, quartzite countertops, inviting covered front porch, gated yard and outdoor entertaining space. One of the homes most unique features is the approximately 1,000 sq. ft. attic/bonus area, which is not included in the reported 3,370 sq. ft. living area and provides exceptional additional space for storage, office, studio, recreation or other bonus use. Buyer to independently verify square footage, permitted use and improvements. 5155 Muir Rear Residence: Impressive detached 3-bedroom, 3.5-bath residence positioned above the garages with ocean views and a spacious, contemporary layout. Multiple outdoor areas take advantage of the coastal setting, creating a private residence that feels distinct and separate from the front home. Parking is exceptionally rare for this close to the beach, with approximately 10 on-sit RARE OCEAN BEACH INVESTMENT OPPORTUNITY TWO DETACHED RESIDENCES JUST 1/2 BLOCK FROM THE SAND WITH PRIOR CITY APPROVAL FOR CONDOMINIUM CONVERSION. An exceptional opportunity to own two substantial detached coastal residences on one parcel, offering approximately 3,370 sq. ft. of reported living area PLUS an additional approximately 1,000 sq. ft. attic/bonus area at 5153 Muir that is not included in the reported square footage. The property also features an extraordinary 10 on-site parking spaces, a 6,165 sq. ft. parcel plus an additional approximately 3,000 sq. ft. easement area, ocean views and tremendous flexibility for owner-users, investors or multi-generational living. 5153 Muir Front Residence: Charming Craftsman-style 3-bedroom, 2-bath home with wood floors, quartzite countertops, inviting covered front porch, gated yard and outdoor entertaining space. One of the homes most unique features is the approximately 1,000 sq. ft. attic/bonus area, which is not included in the reported 3,370 sq. ft. living area and provides exceptional additional space for storage, office, studio, recreation or other bonus use. Buyer to independently verify square footage, permitted use and improvements. 5155 Muir Rear Residence: Impressive detached 3-bedroom, 3.5-bath residence positioned above the garages with ocean views and a spacious, contemporary layout. Multiple outdoor areas take advantage of the coastal setting, creating a private residence that feels distinct and separate from the front home. Parking is exceptionally rare for this close to the beach, with approximately 10 on-site parking spaces, including garage, carport, driveway and additional off-street parking areas. The propertys configuration, generous usable site area and separate residences create possibilities rarely found this close to the ocean. The City of San Diego previously approved a Coastal Development Permit and Tentative Map Waiver for conversion of the two existing residences into two condominiums. This prior approval may provide a compelling opportunity for a buyer interested in pursuing condominium conversion or a future separate-sale strategy; however, prior approvals may have expired or require additional processing. **Buyer to independently investigate and verify with the City of San Diego all current requirements, approvals, permits, subdivision possibilities, condominium-conversion status, square footage and allowable uses. Located in the heart of Ocean Beach just moments from the sand, surf, restaurants, shops and neighborhood amenities. Whether held as a coastal income property, multi-generational compound, owner-occupied residence with additional income, or explored for its future development and separate-sale potential, 51535155 Muir Avenue offers a combination of location, parking, flexibility and scale that is extremely difficult to replicate in Ocean Beach.

5153-5155 Muir Ave, Ocean Beach (OB)

2158-60 Balboa Ave, Pacific Beach/Mission Beach
$2,150,000
7 Beds ⋅ 5 Baths ⋅ PTP2607106 MLS ⋅ ACTIVE Status
Excellent investor opportunity󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 in the highly sought-after Pacific Beach area! Zoned for both commercial and residential use, this versatile four-unit property offers strong income potential and future upside. The unit mix consists of one 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and two studio units with 1 bath each. The kitchens in both the 3-bedroom and 2-bedroom units have been renovated in the last few years, and a new shower was installed in the 3-bed full bath, enhancing their appeal and rental value. Front driveway parking provides space for up to four vehicles. Three units are occupied by long-term tenants, generating immediate rental income, while one unit is leased on a month-to-month basis. Ideally located just minutes from the beach and bay, with convenient access to major freeways, shopping, dining, and coastal amenities. Residents enjoy shared laundry facilities and a charming common courtyard highlighted by a tranquil koi pond. While several upgrades have been completed, some features and finishes remain in their original condition, presenting an excellent opportunity for a new owner to implement additional updates and potentially increase rental income and overall property value. PLEASE DO NOT DISTURB TENANTS. Property will be shown upon acceptance of an offer only. Excellent investor opportunity in the highly sought-after Pacific Beach area! Zoned for both commercial and residential use, this versatile four-unit property offers strong income potential and future upside. The unit mix consists of one 3-bedroom, 2-bath unit, one 2-bedroom, 1-bath unit, and two studio units with 1 bath each. The kitchens in both the 3-bedroom and 2-bedroom units have been renovated in the last few years, and a new shower was installed in the 3-bed full bath, enhancing their appeal and rental value. Front driveway parking provides space for up to four vehicles. Three units are occupied by long-term tenants, generating immediate rental income, while one unit is leased on a month-to-month basis. Ideally located just minutes from the beach and bay, with convenient access to major freeways, shopping, dining, and coastal amenities. Residents enjoy shared laundry facilities and a charming common courtyard highlighted by a tranquil koi pond. While several upgrades have been completed, some features and finishes remain in their original condition, presenting an excellent opportunity for a new owner to implement additional updates and potentially increase rental income and overall property value. PLEASE DO NOT DISTURB TENANTS. Property will be shown upon acceptance of an offer only.

2158-60 Balboa Ave, Pacific Beach/Mission Beach

1817-1819 Sunset Cliffs Blvd, Ocean Beach (OB)
$1,750,000
3 Beds ⋅ 3 Baths ⋅ PTP2607105 MLS ⋅ ACTIVE Status
Listing Description: Prime󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Ocean Beach location featuring two separate units with a history of short-term rental use. Historical gross income information provided covers the period from January 1, 2025 through July 31, 2026. Historical income is provided for informational purposes only and is not a representation or guarantee of future income. The front unit, 1819, located closest to Sunset Cliffs Boulevard, features 2 bedrooms and 2 bathrooms. The rear unit, 1817, is a studio featuring a bed, kitchen,sofa sleeper, and 1 bathroom. Both units include stackable washer/dryers, air conditioning, and internet service as well as separate fenced yard that are great for tenants dogs! Conveniently located near Ocean Beach shops, dining, and coastal access. The property is reported to have commercial zoning, which may provide flexibility for future use subject to applicable zoning regulations, permits, licensing requirements, and governmental approvals. Buyer is advised to independently verify zoning, permitted uses, short-term rental requirements, income history, and all other matters affecting the property's intended use. Zoning information and related materials are available for review. The properties, with detailed information can be seen on Airbnb.com for properties in Ocean Beach, California. Listing Description: Prime Ocean Beach location featuring two separate units with a history of short-term rental use. Historical gross income information provided covers the period from January 1, 2025 through July 31, 2026. Historical income is provided for informational purposes only and is not a representation or guarantee of future income. The front unit, 1819, located closest to Sunset Cliffs Boulevard, features 2 bedrooms and 2 bathrooms. The rear unit, 1817, is a studio featuring a bed, kitchen,sofa sleeper, and 1 bathroom. Both units include stackable washer/dryers, air conditioning, and internet service as well as separate fenced yard that are great for tenants dogs! Conveniently located near Ocean Beach shops, dining, and coastal access. The property is reported to have commercial zoning, which may provide flexibility for future use subject to applicable zoning regulations, permits, licensing requirements, and governmental approvals. Buyer is advised to independently verify zoning, permitted uses, short-term rental requirements, income history, and all other matters affecting the property's intended use. Zoning information and related materials are available for review. The properties, with detailed information can be seen on Airbnb.com for properties in Ocean Beach, California.

1817-1819 Sunset Cliffs Blvd, Ocean Beach (OB)

1877 Donax Ave, Otay Mesa
$1,350,000
6 Beds ⋅ 3 Baths ⋅ PTP2607096 MLS ⋅ ACTIVE Status
Rate too high?󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 The 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 a 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 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? The 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 a 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 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

921-927 Regal Rd, Encinitas
$3,329,000
7 Beds ⋅ 5 Baths ⋅ 260022943 MLS ⋅ ACTIVE Status
A newly renovated coastal Encinitas 5 unit multifamily asset with recently constructed additions, and strong in-place income in one of Southern California’s most supply-constrained rental markets. Introducing 921–927 Regal Road, a rare opportunity to acquire a standout 5-unit property on a large lot in the highly desirable coastal community of Encinitas. Completed with extensive renovations and recent additional units, construction and improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix of two (2) two-bedroom / one-bath units and three (3) one-bedroom / one-bath units. Total of 7 bed , 5 baths. This is the Northerly half of mirror image courtyard development. The south 5 unit property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled residences. Interior upgrades include modern quartz countertops, renovated kitchens and bathrooms, tile flooring throughout, updated electrical systems, new AC units serving the newly built units, and new roofs. Each residence offers abundant natural light, large private enclosed backyards, and mature landscaping that creates a unique residential environment rarely found in multifamily investments of this scale. The property combines modern improvements with a low-density coastal living experience that strongly differentiates it from traditional apartment product throughout Southern California. Located in one of North County San Diego’s most desirable rental markets.

921-927 Regal Rd, Encinitas

931-937 Regal Rd, Encinitas
$3,329,000
8 Beds ⋅ 5 Baths ⋅ 260022941 MLS ⋅ ACTIVE Status
A newly renovated coastal Encinitas multifamily trophy asset on a Large Lot with quality upgrades, strong in-place income, in one of Southern California’s most supply-constrained rental markets. Introducing 931–937 Regal Road, a rare opportunity to acquire a newly renovated 5-unit property in this highly desirable coastal community. Completed with extensive renovations and recent construction additional units with improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix of three (3) two-bedroom / one-bath units and two (2) one-bedroom / one-bath units. Total of 8 bed, 8 bath. Private courtyards for each unit! This is the South half of mirror image courtyard development. The adjacent 5 unit property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled residences. Interior upgrades include modern quartz countertops, renovated kitchens and bathrooms, tile flooring throughout, updated electrical systems, new AC units serving the newly built units, and new roofs on all. Each residence offers abundant natural light, large private enclosed backyards, and mature landscaping that creates a unique residential environment rarely found in multifamily investments of this scale. The property combines modern improvements with a low-density coastal living experience that strongly differentiates it from traditional apartment product throughout Southern California. Located in one of North County San Diego’s most desirable rental markets.

931-937 Regal Rd, Encinitas

2944-46 Webster Ave, Logan Heights
$895,000
5 Beds ⋅ 3 Baths ⋅ PTP2607044 MLS ⋅ ACTIVE Status
Two fully detached󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 homes on one 7,108 SF lot in Logan Heights. The front house is a 3 bedroom, 2 bath of approximately 1,021 SF and the rear house is a 2 bedroom, 1 bath of approximately 650 SF, and both have been updated within the last 10 years with updated kitchens and bathrooms. A detached 2 car garage with ADU potential and a long driveway provide plenty of off street parking. Both homes are occupied by long term tenants on month to month agreements, which suits an investor as well as an owner user who wants to occupy one home and rent the other. The parcel sits within a Transit Priority Area and a Sustainable Development Area. Located about two miles from Downtown and Petco Park, a third of a mile from the 32nd & Commercial trolley station, minutes from Barrio Logan's restaurants and galleries, and close to I-5, I-15, and SR-94. Two fully detached homes on one 7,108 SF lot in Logan Heights. The front house is a 3 bedroom, 2 bath of approximately 1,021 SF and the rear house is a 2 bedroom, 1 bath of approximately 650 SF, and both have been updated within the last 10 years with updated kitchens and bathrooms. A detached 2 car garage with ADU potential and a long driveway provide plenty of off street parking. Both homes are occupied by long term tenants on month to month agreements, which suits an investor as well as an owner user who wants to occupy one home and rent the other. The parcel sits within a Transit Priority Area and a Sustainable Development Area. Located about two miles from Downtown and Petco Park, a third of a mile from the 32nd & Commercial trolley station, minutes from Barrio Logan's restaurants and galleries, and close to I-5, I-15, and SR-94.

2944-46 Webster Ave, Logan Heights

2520 Collier Ave, Normal Heights
$1,895,000
8 Beds ⋅ 4 Baths ⋅ NDP2608694 MLS ⋅ ACTIVE Status
4 Unit 2-story󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 multi-family apartment Excellent University Heights location. This property offers tandem off-street parking for each resident. Well-maintained stucco exterior with attractive Spanish tile front faade roof accents gorgeous color arch accent and wood trim. Each of the 4 resident units are a 2-bedroom, 1 bath configuration with balcony or patio. Peak views overlooking canyon onto Mision Valley from rear residences. SB721 Inspections and work have been completed. Interiors offer spacious room sizes with sq. ft. measuring approximately 800 per unit. Ample closet and storage. Kitchen appliances include range/oven, refrigerator, dishwasher. The lower level of the building offers residents a shared storage room. On-site shared laundry room with Wash service contract machines. This is a convenient residential neighborhood offering several amenities including Trolley Barn Park where summer concerts are hosted. Restaurants, coffee shops and so much more. Easy freeway access. 4 Unit 2-story multi-family apartment Excellent University Heights location. This property offers tandem off-street parking for each resident. Well-maintained stucco exterior with attractive Spanish tile front faade roof accents gorgeous color arch accent and wood trim. Each of the 4 resident units are a 2-bedroom, 1 bath configuration with balcony or patio. Peak views overlooking canyon onto Mision Valley from rear residences. SB721 Inspections and work have been completed. Interiors offer spacious room sizes with sq. ft. measuring approximately 800 per unit. Ample closet and storage. Kitchen appliances include range/oven, refrigerator, dishwasher. The lower level of the building offers residents a shared storage room. On-site shared laundry room with Wash service contract machines. This is a convenient residential neighborhood offering several amenities including Trolley Barn Park where summer concerts are hosted. Restaurants, coffee shops and so much more. Easy freeway access.

2520 Collier Ave, Normal Heights

490 Lado De Loma Dr, Vista
$2,395,000
14 Beds ⋅ 12 Baths ⋅ PTP2607015 MLS ⋅ ACTIVE Status
Built in 2025 and fully occupied, 490 Lado de Loma offers four rental units, $170,160 in gross scheduled annual income, and six on-site parking spaces. Parking includes two attached one-car garages and four driveway spaces, with room for two cars in front of each garage. Street parking is also available nearby. Two spacious three-story townhome-style units each offer five bedrooms, 3.5 bathrooms, an attached garage with an electric vehicle charging outlet, mini-split heating and air conditioning, and in-unit laundry. A separate building contains two single-level units, each with two bedrooms, two bathrooms, and mini-split heating and air conditioning. Investor features include four separate electric meters, owned solar, fire sprinklers throughout, and no HOA. Two large bonus storage spaces beneath the second building are not currently reflected in the rent roll and provide additional utility and potential future opportunities. This newer construction is exempt from the statewide AB 1482 rent cap for 15 years from the applicable certificate-of-occupancy date. With all four units leased, modern systems, and six on-site parking spaces, this property offers an established income stream in Vista. Built in 2025 and fully occupied, 490 Lado de Loma offers four rental units, $170,160 in gross scheduled annual income, and six on-site parking spaces. Parking includes two attached one-car garages and four driveway spaces, with room for two cars in front of each garage. Street parking is also available nearby. Two spacious three-story townhome-style units each offer five bedrooms, 3.5 bathrooms, an attached garage with an electric vehicle charging outlet, mini-split heating and air conditioning, and in-unit laundry. A separate building contains two single-level units, each with two bedrooms, two bathrooms, and mini-split heating and air conditioning. Investor features include four separate electric meters, owned solar, fire sprinklers throughout, and no HOA. Two large bonus storage spaces beneath the second building are not currently reflected in the rent roll and provide additional utility and potential future opportunities. This newer construction is exempt from the statewide AB 1482 rent cap for 15 years from the applicable certificate-of-occupancy date. With all four units leased, modern systems, and six on-site parking spaces, this property offers an established income stream in Vista.

490 Lado De Loma Dr, Vista

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