Sorrento Mesa Real Estate | Sorrento Mesa Multi-Family Homes for Sale

4 Beds ⋅ 3 Baths ⋅ PTP2606117 MLS ⋅ ACTIVE Status

Exceptional Mission Beach investment opportunity! Zoned R-4, this ocean-view property features two homes on one parcel with no HOA and the potential to add additional units (buyer to verify with the City). Located just five homes from the beach, it offers the perfect blend of coastal living, flexibility, and income potential. The main residence features 3 bedrooms plus an optional 4th bedroom, 2.5 bathrooms, and over 1,900 square feet with vaulted wood-beam ceilings, abundant natural light, a spacious loft, two fireplaces, an attached two-car garage, and multiple outdoor spaces including a fenced patio, two decks, and two balconies with ocean views, sea breezes, and SeaWorld fireworks. The private 1-bedroom, 1-bath unit has its own entrance, balcony, granite countertops, stainless steel appliances, and washer/dryer hookups, ideal for rental income, guests, extended family or home office. Walk to the beach, Mission Bay, restaurants, shops, and Belmont Park. A rare opportunity to enjoy the property as your own beach retreat, generate rental income, or invest in future development potential. Exceptional Mission Beach investment opportunity! Zoned R-4, this ocean-view property features two homes on one parcel with no HOA and the potential to add additional units (buyer to verify with the City). Located just five homes from the beach, it offers the perfect blend of coastal living, flexibility, and income potential. The main residence features 3 bedrooms plus an optional 4th bedroom, 2.5 bathrooms, and over 1,900 square feet with vaulted wood-beam ceilings, abundant natural light, a spacious loft, two fireplaces, an attached two-car garage, and multiple outdoor spaces including a fenced patio, two decks, and two balconies with ocean views, sea breezes, and SeaWorld fireworks. The private 1-bedroom, 1-bath unit has its own entrance, balcony, granite countertops, stainless steel appliances, and washer/dryer hookups, ideal for rental income, guests, extended family or home office. Walk to the beach, Mission Bay, restaurants, shops, and Belmont Park. A rare opportunity to enjoy the property as your own beach retreat, generate rental income, or invest in future development potential.

728 Jamaica Ct, Pacific Beach/Mission Beach

$1,350,000

8 Beds ⋅ 4 Baths ⋅ 260019662 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

4190 Clairemont Dr pairs a thoroughly remodeled, income-ready single-family residence with approved plans (City of San Diego PRJ-1138622) for four ADUs in two 2-story duplexes, addressed as 4192 and 4194 Clairemont Dr, on a 5,947 SF RS-1-7 lot. All four ADUs share one 2BR/1BA plan (632 SF ground / 613 SF upper) with full kitchen, pantry and in-unit laundry. The existing 888 SF home with attached one-car garage is untouched by the ADU scope and rents or owner-occupies from day one, providing carry income while the four rear units are delivered. At completion the site operates as five individually addressed units.

4190 Clairemont Dr, Clairemont/Bay Park

$3,100,000

16 Beds ⋅ 11 Baths ⋅ 260019642 MLS ⋅ ACTIVE Status

4022 42nd Street presents an 11-unit multifamily investment opportunity in San Diego’s City Heights neighborhood. The property features six one-bedroom/one-bath units and five two-bedroom/one-bath units, including two recently added ADUs. Totaling approximately 7,354 rentable square feet on a 7,021-square-foot lot, the gated property offers on-site parking and community laundry. Conveniently located near shopping, dining, public transportation and major freeways, the property provides access to Downtown San Diego, North Park and surrounding employment centers. Buyer to verify all property information, including square footage, unit count, permits and financial data.

4022 42nd St, East San Diego

$1,450,000

6 Beds ⋅ 9 Baths ⋅ 260019594 MLS ⋅ ACTIVE Status ⋅ San Diego BLDG.

BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.5M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.6 in place cap rate and 6.6 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. Ask listing agent about potential HUGE 6 figure tax depreciation strategy available. The property yields an amazing mix of all 2BR 2.5BA townhome style units. Off street parking includes a two car garage, and select units enjoy outdoor space including an oversized deck. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.

2048-52 N Highland Ave, Logan Heights

$2,650,000

7 Beds ⋅ 5 Baths ⋅ 260019587 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

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

3650 Quimby St, Point Loma (Pt Loma)

$1,375,000

4 Beds ⋅ 3 Baths ⋅ 260019547 MLS ⋅ ACTIVE Status ⋅ Linda Vista BLDG.

Turnkey Linda Vista Remodel with a Brand-New Income-Producing ADU... A Rare 2-for-1! This fully reimagined property with a brand-new, permitted 2026 ADU has its own separate address. Whether you're an investor seeking rental income, a buyer wanting space for extended family, or someone who needs a dedicated home office separate from daily living, this property delivers built-in flexibility that instantly sets it apart. The main house has been meticulously remodeled with new windows, new stucco, new luxury vinyl plank flooring, new lighting, and remodeled bathrooms. The single-level layout opens into a bright, airy floor plan designed for effortless entertaining and everyday living. Outside, newly installed low-maintenance turf front and back frames a private backyard with a storage shed. The ADU is Brand New Construction, not just a conversion. Built new in 2026 with its own address, the ADU features soaring ceilings in the living room, a full kitchen, a private bedroom, a designer-tiled bathroom with shower, stackable washer/dryer and separate meter. A mini-split system handles heating and cooling, and a private outdoor patio/yard adds separation and privacy from the main house. Rent it out to offset your mortgage, house family or guests, or run it as a private office or studio. Parking for up to 4 vehicles, with room for a boat or RV. Great freeway access and close to San Diego Mesa College, Sharp Memorial Hospital, top schools etc. A smart investment, a flexible starter home, or a multigenerational solution. Variance granted for 2-4 Units.

3475 Argyle St, Linda Vista

$16,390,000

81 Beds ⋅ 49 Baths ⋅ 260019532 MLS ⋅ ACTIVE Status

Birch Terrace Apartments is a rare opportunity to acquire a recently renovated 48-unit community in the La Presa neighborhood of Spring Valley with significant upside through potential ADU conversion of existing carports,garage and storage space, a rarity for assets of this scale in San Diego County. Having received the majority of its capital improvements in a 2025 renovation, the property is turnkey and cash-flowing from day one, featuring a strong unit mix of sixteen 1BR/1BA, thirty-one 2BR/1BA, and one 3BR/1.5BA unit, most with in-unit laundry, supporting strong rents and quality tenancy in a high-demand rental corridor near major East County employment centers. A feasibility assessment indicates up to 12 units (approx. 25%) may be eligible for conversion, giving investors a rare combination of day-one stability and a defined, built-in upside strategy in a growing East County market.

9249 Birch St, Spring Valley

$1,995,000

4 Beds ⋅ 3 Baths ⋅ 260019489 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Rare opportunity in highly desirable Pacific Beach! This unique property features two detached homes on a large, flat 6,242 sq. ft. lot, offering tremendous flexibility and future development potential. The front home features 3 bedrooms and 2 bathrooms, while the rear home offers 1 bedroom and 1 bathroom. Both charming beach homes retain original hardwood floors, adding character and coastal appeal. Even more exciting, the seller has approved plans for a 3rd unit above the rear home and garage, which will be conveyed with the sale. Whether you're looking to expand your investment, create additional rental income, or design a multi-generational living compound, this property offers an exceptional opportunity to add significant value. Located just 10 blocks from the ocean and close to beautiful Sail Bay, this is the quintessential Pacific Beach lifestyle. Walk to the beach, restaurants, coffee shops, Trader Joe's, Sprouts, and countless other amenities. Enjoy everything Pacific Beach has to offer, from coastal recreation and vibrant dining to convenient shopping and entertainment. A rare combination of two detached homes, a generous flat lot, approved plans for a 3rd unit, and an unbeatable beach-area location makes this an opportunity not to be missed!

1720 Reed Ave, Pacific Beach/Mission Beach

$1,890,000

6 Beds ⋅ 3 Baths ⋅ 260019480 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Opportunity awaits to own a beautifully updated triplex in the heart of North Park. Each unit is tastefully redone. The property consists of 3 units professionally designed, all with A/C in a high rent area, near restaurants and nightlife. All units offer custom features, stainless steel appliances, and private accessibility. Conveniently located south of El Cajon Blvd and west of the 805 freeway. The first of the three units is a stand-alone unit, cottage style home with 2 bedrooms, 1 remodeled bathroom, small enclosed sun porch, private fenced side yard and 1 car garage with washer and dryer. Second unit also features 2 bedrooms and 1 bathroom, redone kitchen, lots of natural light, washer and dryer in unit and single car parking space. Third unit is 2 bedrooms, 1 bathroom and features an open floor plan, A/C, fenced in patio area and washer and dryer.

4135-39 32nd St, North Park

$4,950,000

6 Beds ⋅ 4 Baths ⋅ 260019464 MLS ⋅ ACTIVE Status ⋅ Isabella Cottages BLDG.

Three beach cottages. One 8,800+ square foot lot. Moments from the sand. Properties like this rarely reach the market in Coronado Village — not because they don't exist, but because families don't let them go. This one has been held by the same family for nearly fifty years. The cottages date to the 1920s, built by John E. Alcaraz, and they carry the scale and craftsmanship of Coronado's earliest years — a sense of place that can't be built new. What's uncommon is the land beneath them. More than 8,800 square feet, in a village where parcels this size seldom change hands, a short walk from Coronado Beach and the heart of the Village. That combination leaves the next owner with real choices: restore and preserve, hold for the long term, or take the time to study what the parcel might become.

1033-39 Isabella, Coronado

$1,200,000

6 Beds ⋅ 4 Baths ⋅ 260019460 MLS ⋅ ACTIVE Status

Detached units each 3 bedroom, 2 baths. Remodeled in 2020 and upgrades of HVAC, new flooring in bedrooms on both units. Live in one and rent the other, or simply rent them both. Open and bright with ample sunlight. Stainless steel appliances, new cabinets, and quartz countertops. Ceiling fans in all rooms if you want to conserve energy. Large rooms with plenty of outdoor space for each unit. Great location, less than 5 minutes to 15 highway.

3844-46 49th St, East San Diego

$10,250,000

NDP2607474 MLS ⋅ ACTIVE Status

Rare coastal investment and development opportunity in the heart of Solana Beach. Located along the highly desirable Highway 101 corridor, this 0.79-acre property features 28 existing micro-apartment units totaling approximately 7,432 SF, providing in-place income with compelling long-term redevelopment and value-add potential. The property is within walking distance of the Ocean, Cedros Design District, Solana Beach Transit Center, boutique shopping, restaurants, and coastal amenities. Convenient access to I-5 further enhances this exceptional location. An outstanding opportunity to acquire a sizable income-producing property in one of Southern Californias most supply-constrained coastal communities. Future expansion, redevelopment, and alternative uses are subject to buyer investigation and applicable municipal approvals. Please do not disturb tenants. Text Al Apuzzo (619) 573-7845 for additional information or property tours. Rare coastal investment and development opportunity in the heart of Solana Beach. Located along the highly desirable Highway 101 corridor, this 0.79-acre property features 28 existing micro-apartment units totaling approximately 7,432 SF, providing in-place income with compelling long-term redevelopment and value-add potential. The property is within walking distance of the Ocean, Cedros Design District, Solana Beach Transit Center, boutique shopping, restaurants, and coastal amenities. Convenient access to I-5 further enhances this exceptional location. An outstanding opportunity to acquire a sizable income-producing property in one of Southern Californias most supply-constrained coastal communities. Future expansion, redevelopment, and alternative uses are subject to buyer investigation and applicable municipal approvals. Please do not disturb tenants. Text Al Apuzzo (619) 573-7845 for additional information or property tours.

225 S Hwy 101, Solana Beach

$699,900

4 Beds ⋅ 3 Baths ⋅ PTP2606018 MLS ⋅ ACTIVE Status

Exceptional investment opportunity featuring a spacious 3-bedroom, 2-bath front unit and a separate 1-bedroom, 1-bath rear unit. The 1-bedroom, 1-bath unit is currently vacant, providing an excellent opportunity for an owner-occupant to move in immediately or for an investor to lease at current market rents. The larger 3-bedroom, 2-bath unit is tenant occupied, offering immediate income potential. Situated on a desirable corner lot in a convenient central San Diego location, the property is close to shopping, restaurants, schools, parks, public transportation, and major freeways. The owner reports established rental income with additional upside potential. City of San Diego have indicated the property may qualify for additional ADU development opportunities, buyer/buyer's agent to verity. Estimate of square footage is 1045 sq ft. Assessor's records show 880 sq ft, permits unknown. Exceptional investment opportunity featuring a spacious 3-bedroom, 2-bath front unit and a separate 1-bedroom, 1-bath rear unit. The 1-bedroom, 1-bath unit is currently vacant, providing an excellent opportunity for an owner-occupant to move in immediately or for an investor to lease at current market rents. The larger 3-bedroom, 2-bath unit is tenant occupied, offering immediate income potential. Situated on a desirable corner lot in a convenient central San Diego location, the property is close to shopping, restaurants, schools, parks, public transportation, and major freeways. The owner reports established rental income with additional upside potential. City of San Diego have indicated the property may qualify for additional ADU development opportunities, buyer/buyer's agent to verity. Estimate of square footage is 1045 sq ft. Assessor's records show 880 sq ft, permits unknown.

4728- 4730 Myrtle Ave, East San Diego

$1,525,000

6 Beds ⋅ 3 Baths ⋅ CV26171205 MLS ⋅ ACTIVE Status

Excellent investment opportunity in Imperial Beach! This triplex offers strong income potential with significant upside for an investor looking to increase rents and potentially add additional units. Current rents are below market, providing an opportunity to improve future cash flow, while the expansive yard may offer potential for additional units or ADU development, subject to City approval and applicable zoning requirements. The property consists of three individual units, each featuring a functional floor plan with a living room, dining area, kitchen, two bedrooms, and one bathroom. Each unit also includes its own private storage space. Parking is abundant, with each unit having two designated off-street parking spaces conveniently accessible from the rear alley. Ideally located near Oneonta Elementary School, the Imperial Beach Pier, beaches, shopping, dining, and convenient access to Interstate 5. Whether you're looking to expand your investment portfolio, improve existing rents, or explore future development opportunities, this property offers tremendous potential in a highly desirable Southern California coastal community. A must-see opportunity! Excellent investment opportunity in Imperial Beach! This triplex offers strong income potential with significant upside for an investor looking to increase rents and potentially add additional units. Current rents are below market, providing an opportunity to improve future cash flow, while the expansive yard may offer potential for additional units or ADU development, subject to City approval and applicable zoning requirements. The property consists of three individual units, each featuring a functional floor plan with a living room, dining area, kitchen, two bedrooms, and one bathroom. Each unit also includes its own private storage space. Parking is abundant, with each unit having two designated off-street parking spaces conveniently accessible from the rear alley. Ideally located near Oneonta Elementary School, the Imperial Beach Pier, beaches, shopping, dining, and convenient access to Interstate 5. Whether you're looking to expand your investment portfolio, improve existing rents, or explore future development opportunities, this property offers tremendous potential in a highly desirable Southern California coastal community. A must-see opportunity!

1221 Florida St, Imperial Beach

$4,100,000

26 Beds ⋅ 26 Baths ⋅ 260019277 MLS ⋅ ACTIVE Status

We are pleased to present 5260-62 Rex Avenue, a 13-unit property located in the City Heights neighborhood of San Diego, CA situated on two adjacent lots totaling 0.23 acres. The property is comprised of thirteen (13) two-bedroom / two-bathroom units and has 11 single car garages which presents an opportunity for ADU conversion. City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The residents are centrally located in San Diego near ground zero of City Heights new urban core. Residents enjoy quick access to El Cajon Boulevard and Interstate-15. This property is situated in a transit-oriented neighborhood with many public transportation options nearby. Located along major east-west/north-south thoroughfares and transit hubs provides residents ease of access to jobs, education, public facilities, parks and community recreation. The property boasts a walk score of 93 on Walkscore.com’s 100-point scale and is considered “Very Walkable” as daily errands do not require a car and countless retailers, restaurants, and services are also nearby. This property provides an investor the opportunity to purchase a quality value-add asset in a high barrier to entry market. The property has undergone consistent renovations throughout the units demonstrating pride of ownership and provides a prime opportunity to continue improvement through the potential development of additional units.

5260 Rex Ave, East San Diego

$1,900,000

8 Beds ⋅ 6 Baths ⋅ PTP2605975 MLS ⋅ ACTIVE Status

Rare three-unit opportunity in the heart of Chula Vista, prominently situated on the corner of Del Mar Avenue and Davidson Street, just two blocks from Third Avenue. Built in 2015 and recognized through the City of Chula Vistas Ribbons & Shovels Awards, this beautifully maintained property stands apart with Craftsman-inspired architecture, mature water saving landscaping, covered balconies, stone accents, and thoughtful design throughout. The property includes two 3-bedroom residences with large 2-car garages and one 2-bedroom residence with a 1-car garage and additional off-street parking. Each residence features air conditioning, wood flooring, crown molding, upgraded trim, custom cabinetry, stainless-steel appliances, and a front-loading stackable washer and dryer. 249 Del Mar offers 3 bedrooms, 2.5 bathrooms, a private balcony, and an attached 2-car garage. Its custom kitchen features distressed-finish cabinetry, granite countertops, a decorative backsplash, and a breakfast bar. 241 Davidson #201 offers 3 bedrooms, 2 bathrooms, a covered balcony, a 2-car garage, and single-level living above the garages. Highlights include a custom kitchen, rich wood cabinetry, granite countertops, and a separate dining area with built-in cabinets. 241 Davidson #101 offers 2 bedrooms, each with its own bathroom, a generously sized custom kitchen, an efficient living area, wood flooring, a front balcony accessed from one bedroom, a 1-car garage, and parking for two additional vehicles. Enjoy Downtown Chula Vista living just two blocks from Third Avenues restaurants, coffee shops, bakerie Rare three-unit opportunity in the heart of Chula Vista, prominently situated on the corner of Del Mar Avenue and Davidson Street, just two blocks from Third Avenue. Built in 2015 and recognized through the City of Chula Vistas Ribbons & Shovels Awards, this beautifully maintained property stands apart with Craftsman-inspired architecture, mature water saving landscaping, covered balconies, stone accents, and thoughtful design throughout. The property includes two 3-bedroom residences with large 2-car garages and one 2-bedroom residence with a 1-car garage and additional off-street parking. Each residence features air conditioning, wood flooring, crown molding, upgraded trim, custom cabinetry, stainless-steel appliances, and a front-loading stackable washer and dryer. 249 Del Mar offers 3 bedrooms, 2.5 bathrooms, a private balcony, and an attached 2-car garage. Its custom kitchen features distressed-finish cabinetry, granite countertops, a decorative backsplash, and a breakfast bar. 241 Davidson #201 offers 3 bedrooms, 2 bathrooms, a covered balcony, a 2-car garage, and single-level living above the garages. Highlights include a custom kitchen, rich wood cabinetry, granite countertops, and a separate dining area with built-in cabinets. 241 Davidson #101 offers 2 bedrooms, each with its own bathroom, a generously sized custom kitchen, an efficient living area, wood flooring, a front balcony accessed from one bedroom, a 1-car garage, and parking for two additional vehicles. Enjoy Downtown Chula Vista living just two blocks from Third Avenues restaurants, coffee shops, bakeries, breweries, local businesses, community events, and Sunday farmers market. The Chula Vista Marina and Bayfront are also nearby, offering waterfront parks, shoreline walks, boating, fishing, and scenic views across San Diego Bay. **Pictures of 249 Del Mar and unit #201 were taken before tenants occupancy. Exterior pictures are current and some when built.**

249 Del Mar Ave, Chula Vista

$6,995,000

40 Beds ⋅ 40 Baths ⋅ 260019215 MLS ⋅ ACTIVE Status

This is an extensively renovated (2020) and well-maintained 22-unit apartment community in the City Heights neighborhood of San Diego. This property has a fantastic unit mix: eighteen (18) 2Bdrm/2Bath with in-unit laundry and four (4) 1Bdrm/1Bath units. The property has ample onsite parking (28 spaces) and is situated in a predominantly single-family neighborhood near transit, local freeways and shopping. This represents an opportunity to acquire a fully renovated asset with strong in-place rents with additional upside in one of San Diego's best-performing submarkets. Two separate parcels (454-332-27-00 & 454-332-01-00)

3423 & 3443 Marlborough Ave, East San Diego

$2,795,000

6 Beds ⋅ 8 Baths ⋅ 260019172 MLS ⋅ ACTIVE Status ⋅ Balboa Pointe Townhomes BLDG.

Whitewater Commercial Real Estate is pleased to present Balboa Pointe Townhomes Parcel 3, a rare opportunity to acquire a brand new constructed 4-unit multifamily property in the heart of Pacific Beach. Delivered in 2026, Parcel 3 is the first completed property within the master-planned Balboa Pointe Development, a seven-property, 28-unit residential community being delivered throughout 2026. The offering consists entirely of townhome-style residences and provides investors the opportunity to acquire modern coastal multifamily product in one of San Diego's most supply-constrained rental markets. Ideally located near Mission Bay, the Pacific Ocean, Trader Joe's, Vons, popular restaurants, nightlife, and major employment centers, Balboa Pointe Townhomes offers an exceptional combination of lifestyle, rental demand, and long-term investment fundamentals.

2141 Balboa Ave, Pacific Beach/Mission Beach

$1,100,000

6 Beds ⋅ 3 Baths ⋅ 260019169 MLS ⋅ ACTIVE Status ⋅ Chula Vista BLDG.

Exceptional triplex with established rental income in one of Chula Vista's most desirable neighborhoods! This versatile property is ideal for investors or owner occupants, featuring two tenant-occupied duplex units generating steady monthly income and a vacant detached home ready for immediate occupancy. The duplex consists of two spacious units, each offering over 800 square feet with 2 bedrooms, 1 bathroom, private rear patios, one assigned on-site parking space, and many updates throughout. Photos of the duplex units were taken prior to tenant occupancy and showcase the bright, sun-filled interiors. The detached residence is a charming 2-bedroom, 1-bathroom home featuring an extra large attached one car garage with additional storage area, and the privacy of a single-family residence. Move right in while benefiting from the existing rental revenue, or lease the third unit to maximize returns. All three residences have been updated, offering an investment with minimal deferred maintenance. Conveniently located just minutes from the exciting Chula Vista Bayfront redevelopment, marina, waterfront parks, historic downtown district, shopping, dining, schools, and public transportation, with quick access to both Interstate 5 and Interstate 805. An outstanding opportunity to own a well maintained, income producing property in a prime Chula Vista location.

223 Madrona, Chula Vista

$895,000

3 Beds ⋅ 2 Baths ⋅ NDP2607364 MLS ⋅ ACTIVE Status

Four-unit mixed-use asset on Highland Avenue, one of National City's designated mixed-use commercial corridors. The property is recorded as 3 units on title and currently operates as 4, combining two residential units at the rear of the parcel, a 2 bedroom, 1 bath home and a 1 bedroom, 1 bath unit, with two ground floor commercial suites fronting Highland Avenue, a retail salon and an office. Two of the four operating units offer immediate leasing opportunity, alongside meaningful upside as the remaining units are brought to market. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested buyers. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Zoned MXC-2, Major Mixed-Use Corridor, the property permits single-family, multifamily, and mixed residential/commercial development by right, supports up to 75 dwelling units per acre, and allows buildings as tall as 65 feet, subject to the City's approval process. Buyer to independently verify all information including square footage, zoning, year built, and development potential. Four-unit mixed-use asset on Highland Avenue, one of National City's designated mixed-use commercial corridors. The property is recorded as 3 units on title and currently operates as 4, combining two residential units at the rear of the parcel, a 2 bedroom, 1 bath home and a 1 bedroom, 1 bath unit, with two ground floor commercial suites fronting Highland Avenue, a retail salon and an office. Two of the four operating units offer immediate leasing opportunity, alongside meaningful upside as the remaining units are brought to market. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested buyers. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Zoned MXC-2, Major Mixed-Use Corridor, the property permits single-family, multifamily, and mixed residential/commercial development by right, supports up to 75 dwelling units per acre, and allows buildings as tall as 65 feet, subject to the City's approval process. Buyer to independently verify all information including square footage, zoning, year built, and development potential.

1343-45 Highland Ave, National City

$765,000

2 Beds ⋅ 1 Baths ⋅ NDP2607359 MLS ⋅ ACTIVE Status

Detached two-unit duplex in San Diego's Shelltown neighborhood, offering a straightforward value-add opportunity for the right buyer. The property includes a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit on a 5,927 SF lot, zoned CN-1-3. Current income sits well below market rent, giving a new owner meaningful upside through rent growth alone, with no rezoning or redevelopment required. The site's zoning also suggests potential capacity for a third unit, subject to City verification of parking, setbacks, and other development standards, along with flexibility for small-scale, neighborhood-serving commercial use. Located less than five miles from Downtown San Diego, with easy access to I-5, the San Diego Trolley Blue Line, and the Route 929 bus. Detached two-unit product like this is increasingly hard to find in this corridor. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested parties. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, zoning, year built, and development potential. Detached two-unit duplex in San Diego's Shelltown neighborhood, offering a straightforward value-add opportunity for the right buyer. The property includes a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit on a 5,927 SF lot, zoned CN-1-3. Current income sits well below market rent, giving a new owner meaningful upside through rent growth alone, with no rezoning or redevelopment required. The site's zoning also suggests potential capacity for a third unit, subject to City verification of parking, setbacks, and other development standards, along with flexibility for small-scale, neighborhood-serving commercial use. Located less than five miles from Downtown San Diego, with easy access to I-5, the San Diego Trolley Blue Line, and the Route 929 bus. Detached two-unit product like this is increasingly hard to find in this corridor. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested parties. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, zoning, year built, and development potential.

1525-27 S 42nd St, Logan Heights

$2,590,000

6 Beds ⋅ 5 Baths ⋅ 260019147 MLS ⋅ ACTIVE Status ⋅ Complex BLDG.

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

3767 7th Ave, Mission Hills

$1,299,000

NDP2607340 MLS ⋅ ACTIVE Status

Rich in character & architectural charm, this North Park Spanish-style home showcases the craftsmanship & timeless appeal that define the neighborhood. Thoughtful updates complement its original character while preserving its distinctive charm. The 2 bedroom 1 bath main residence lives and feels like a single family home, all while a separate attached 1BR/1BA unit with its own entrance & patio area provides an ideal space for guests, extended family or rental income. Upgrades include 3 mini-split systems in the main house, newer TPO energy efficient roof, new vinyl fencing, 30 AMP EV car charger, new refrigerator & range in the main house, new paint throughout, & the studio has new flooring, freshly painted kitchen cabinets & a freshly tiled walk-in shower. Situated in San Diegos most vibrant & walkable neighborhoods, homes like this rarely come up in this location. Assumable 2.5% loan approx balance $579 (Buyers to pay any fees and carrying cost for time to assume the loan. process could take 3-6 months). Rich in character & architectural charm, this North Park Spanish-style home showcases the craftsmanship & timeless appeal that define the neighborhood. Thoughtful updates complement its original character while preserving its distinctive charm. The 2 bedroom 1 bath main residence lives and feels like a single family home, all while a separate attached 1BR/1BA unit with its own entrance & patio area provides an ideal space for guests, extended family or rental income. Upgrades include 3 mini-split systems in the main house, newer TPO energy efficient roof, new vinyl fencing, 30 AMP EV car charger, new refrigerator & range in the main house, new paint throughout, & the studio has new flooring, freshly painted kitchen cabinets & a freshly tiled walk-in shower. Situated in San Diegos most vibrant & walkable neighborhoods, homes like this rarely come up in this location. Assumable 2.5% loan approx balance $579 (Buyers to pay any fees and carrying cost for time to assume the loan. process could take 3-6 months).

3606 Florida, North Park

$1,399,000

5 Beds ⋅ 3 Baths ⋅ 260019027 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Completely Remodeled, this rare opportunity offers 5 bedrooms and 3 bathrooms across 3,295 square feet. A 3-bedroom, 2-bathroom upper unit and a 2-bedroom, 1-bathroom lower unit with a bonus storage room. The upper unit also enjoys the benefit of owned solar, helping offset energy costs, and the spacious yard offers potential for an additional ADU. Live upstairs and offset your mortgage with a rental unit below or rent both! Updated from top to bottom, both units feature designer kitchens with freshly painted cabinetry and new appliances, remodeled bathrooms, LVP flooring, fresh paint, and new windows, along with a retiled fireplace in the upper unit. An attached two-car garage plus ample street parking complete the package. This home is minutes from San Diego State University, El Cajon Boulevard's restaurants and shops, with easy access to I-8 and I-15 one of Mid-City's most desirable rental markets.

6115 Carling Way, Talmadge/San Diego Central

$3,850,000

11 Beds ⋅ 7 Baths ⋅ 260019023 MLS ⋅ ACTIVE Status

2175–2177 Bacon Street presents a fully renovated seven-unit apartment property located approximately three blocks from the beach in Ocean Beach. Renovated from the studs in 2026, the property includes two 1-bedroom/1-bath units, four 2-bedroom units, and a detached 1-bedroom/1-bath casita with a den. Improvements include updated kitchens and bathrooms, stainless steel appliances, durable flooring, in-unit laundry, central air conditioning, dual-pane windows, and modern finishes. Additional features include private exterior storage for each unit, two single-car garages, off-street parking, and select private outdoor areas. Conveniently located near restaurants, cafés, shopping, recreation, and major transportation routes. Buyer to verify all property information, including unit count, square footage, permits, and income and expense figures.

2175-77 Bacon St, Ocean Beach (OB)

$2,300,000

260019015 MLS ⋅ ACTIVE Status

Exceptional Income-Producing Opportunity in the Heart of Alpine! This unique property offers a rare combination of residential and commercial income potential across two separate legal lots totaling approximately 2.24 acres, ideally positioned directly along Alpine Boulevard with convenient access to the freeway, shopping, restaurants, and everyday amenities. The property features three detached residential rental units, providing multiple sources of rental income and flexibility for an investor or owner user. In addition, a commercial rental storefront offers an additional income stream and valuable frontage along Alpine Boulevard. With multiple detached structures, expansive acreage, excellent visibility, and a highly desirable location, this property presents an incredible opportunity to own a versatile income producing asset in Alpine. Whether you're looking to expand your investment portfolio or capitalize on the property's residential and commercial potential, this is an opportunity not to be missed!

2560-66 Alpine Blvd, Alpine

$3,699,000

7 Beds ⋅ 5 Baths ⋅ 260018995 MLS ⋅ ACTIVE Status ⋅ Coronado Village BLDG.

A rare 2-on-1 opportunity in Coronado Village, offered on two separate underlying parcels. The existing lot configuration opens the door to future construction of two detached single-family homes — a meaningful advantage for buyers with redevelopment in mind, and equally compelling as an income-producing hold. The main residence offers four bedrooms and 2.5 baths, with spacious living and family rooms, generously scaled bedrooms, multiple outdoor spaces for entertaining, and a two-car garage with additional driveway parking. Located behind it is a fully detached three-bedroom, 1.5-bath residence includes its own attached garage and a spacious private yard. Legally rentable. Live in one and lease the other, house extended family, or plan for what comes next. Properties with this kind of flexibility rarely surface in the Village.

349-51 G, Coronado

$2,450,000

8 Beds ⋅ 6 Baths ⋅ PTP2605877 MLS ⋅ ACTIVE Status

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

4153-55 Utah St, North Park

$2,100,000

6 Beds ⋅ 4 Baths ⋅ 260018949 MLS ⋅ ACTIVE Status ⋅ Burgundy Bungalow BLDG.

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

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

$999,900

7 Beds ⋅ 5 Baths ⋅ 260018933 MLS ⋅ ACTIVE Status ⋅ Old Highway 80 3 Units BLDG.

Exceptional INVESTMENT opportunity to own 3 income-producing units on approximately 3.5 acres in the desirable East County area near Old Highway 80 and Lake Jennings. The duplex features two spacious units, each with central A/C and attached two-car garages. One side of the duplex unit has been completely remodeled. The detached two-story 3rd unit offers a large private yard and barn/storage area, providing added versatility. Each unit enjoys its own private driveway with ample off-street parking. The property is separately metered with 3 SDG&E meters and 1 water meter. An excellent opportunity for investors seeking strong rental income or an owner-occupant looking to offset expenses with rental income. Excellent long-term tenants currently in place. 3rd unit is not permitted.

14371-73 Old Hwy 80, El Cajon

$1,895,000

12 Beds ⋅ 8 Baths ⋅ 260018923 MLS ⋅ ACTIVE Status

8 performing cash flow units with rent increase potential. Full. Current rents are low. Desirable unit mix of 4 one-bedroom and 4 two-bedroom units. Excellent cash at current rental rates. New windows and new electrical subpanels. Ample off street parking. Walk to shopping and transit.

1623 E 10th St, National City

$1,249,000

PTP2605843 MLS ⋅ ACTIVE Status

Great Investment....3 Unit Residential Income Property. Rent all three Units or live in one and rent our the other two. Potential to increase rents and build more units. Great Investment....3 Unit Residential Income Property. Rent all three Units or live in one and rent our the other two. Potential to increase rents and build more units.

4240-4244 Gamma St, Logan Heights

$2,850,000

8 Beds ⋅ 6 Baths ⋅ 260018858 MLS ⋅ ACTIVE Status

A rare coastal duplex that lives like two single-family homes, offering Peek-a-Boo ocean views in the heart of Encinitas. This exceptional side-by-side property features TWO spacious residences, each approximately 1,980 sq ft—larger than many single-family homes—offering 4 bedrooms and 2.5 bathrooms totaling to 3,960 sq ft with 8 bedroom, 5 bathrooms, 4 car garage situated on a approximately 10,000 sq ft of usable flat land. A versatile fourth bedroom with a private entrance and its own A/C mini-split is ideal for a home office, gym, guest suite, or in-law quarters. Fully renovated with stunning high-end finishes, including new roof, HVAC, windows, flooring, cabinetry, and countertops, the property delivers modern comfort and turnkey convenience. Each unit enjoys a large private backyard and a functional layout. Only the fourth bedroom/office, adjacent to the garage, shares one wall to ensure privacy. Situated minutes from Downtown Encinitas and Cardiff Town Center, on an expansive ~10,000 sq ft lot with 2-car garages for each unit plus additional parking for 6–7 vehicles or RV potential—an incredibly rare offering. Ideal for owner-users, investors, 1031 or short-term rental potential in a prime coastal location. No HOA!

658-660 Santa Fe Dr, Encinitas

$4,875,000

PTP2605821 MLS ⋅ ACTIVE Status

Rare coastal holding. One and a half blocks to the sand on Emerald Street; a sub-five-minute walk to Crystal Pier, the Mission Beach boardwalk, and Garnet Avenue dining and retail. Rare coastal holding. One and a half blocks to the sand on Emerald Street; a sub-five-minute walk to Crystal Pier, the Mission Beach boardwalk, and Garnet Avenue dining and retail.

849-855 Emerald St, Pacific Beach/Mission Beach

$2,875,000

6 Beds ⋅ 5 Baths ⋅ 260018793 MLS ⋅ ACTIVE Status

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

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

$1,945,500

7 Beds ⋅ 3 Baths ⋅ 260018766 MLS ⋅ ACTIVE Status

This charming Triplex consists of 1 detached one-level single-family home and a 2-Story Duplex inside a privately gated compound. The property is situated in Fox Canyon, a quiet and hidden away enclave of City Heights, close to downtown, with easy access to FWYs 94, 805 & 15. The entire property has been thoroughly renovated and tastefully designed and decorated. Extensive recent improvements include all interiors, brand new kitchen cabinets with quartz countertops, new appliances, new bathrooms, new roofs, double pane windows and more. The single-family home (5074) and the lower unit of the duplex (5076) are currently being operated as vacation rentals and listed on both Airbnb and VRBO. The upper duplex with its private deck is being rented as a furnished unit. All the furniture and interior designed furnishings including the refrigerators and appliances in 5074 & 5076 are included in the sale.. The stated actual incomes are for the month of July 2026. Three more additional units/ADUs can be added and the current living square footage could be raised from the existing 2490 sq. ft to 7514 sq. ft. due to the favorable RM-1-1 Zoning. Currently, the owner has preliminary drawings for the addition 2 ADUs between the 2 buildings. Each existing unit has 2 off-street parking spaces inside the gate. Rare opportunity for investors or owner-occupants to purchase a turn-key property with a thriving vacation rental business, and even further development potential within a private compound on a large lot. All units have split systems for AC/Heat in addition to wall units for heating.

5074 Auburn Dr, East San Diego

$2,750,000

5 Beds ⋅ 4 Baths ⋅ 260018724 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

A short distance away from the city center is a rare, near turn-key development or retail investor opportunity in Alpine's fastest-growing corridor. This 10.52± acre property carries a Tentative Map for up to 30 residential lots, currently planned as a 26-lot custom home subdivision. Extensive engineering and due diligence are already complete, cutting the time, risk, and soft costs standing between purchase and construction. Alpine continues to draw buyers seeking spacious, custom homes with access to nature while staying connected to major commuter routes, supporting strong long-term demand and appreciation in this established growth pocket. The property also cash-flows today: existing rental units (up to 4) generate monthly income through the planning and entitlement process. A historic grove of 375+ mature, 100-year-old Mission olive trees and a high-producing private water well add further income potential and lifestyle appeal. Minutes from downtown Alpine, shopping, dining, and freeway access, with Wright's Field hiking and equestrian trails nearby. Entitlement progress, income in place, water rights, and a signature natural setting, a compelling package for developers, investors, and owner-builders ready to create Alpine's next standout residential community.

2804-6 S Grade Rd, Alpine

$1,295,000

5 Beds ⋅ 5 Baths ⋅ 260018638 MLS ⋅ ACTIVE Status ⋅ Complex BLDG.

Fourplex situated on an approximately 6,248-square-foot lot, 4225–4231 Central Avenue is a stabilized, cottage-style multifamily property in central San Diego. 3/2 house, 1/1 cottage, 1/1 cottage, 0/1 cottage. (House is currently rented out as a 2/1 & 1/1). The property generates $9,294 in current monthly gross income and provides five off-street parking spaces. (3 individual spots in the rear off the alley, and 1 tandem in the driveway) All but one of the cottage units have been fully or partially improved, with updated kitchens, flooring, appliances, bathrooms, exterior paint, fencing and landscaping. Additional upside exists through potential rent growth and future renovation. Conveniently located near Kensington, Teralta Park, neighborhood restaurants, Downtown San Diego, I-805 and SR-15. Listing agent & broker hold an ownership interest in the property. Property is offered in its present as-is condition. Buyer to independently verify permits, unit configuration, square footage, zoning, income, expenses, condition and development potential.

4225 Central Ave, East San Diego

$4,000,000

10 Beds ⋅ 8 Baths ⋅ 260018607 MLS ⋅ ACTIVE Status

Eight unit apartment building on a corner lot in Pacific Beach. Built in 1966 and meticulously maintained. Unit mix is six 1BD/1BA and two 2BD/1BA averaging approximately 650 square feet. One dedicated parking space per unit. Six of eight units renovated. Two units have in unit washer and dryer. Current rents approximately 11% below market. Utilities are currently billed at a low flat rate, leaving upside through SDG&E submetering or a market level RUBS program. 89 Walk Score with retail, grocery, and dining within walking distance. Pacific Beach submarket vacancy is 4.2% versus 6.1% countywide, with only 60 units under construction submarket wide and trailing twelve month rent growth near three times the San Diego average. Contact broker for offering memorandum, rent roll, and financials.

2003 Emerald St, Pacific Beach/Mission Beach

$1,075,000

4 Beds ⋅ 2 Baths ⋅ PTP2605744 MLS ⋅ ACTIVE Status

Presenting 721 Del Mar Ave, a renovated duplex offering the perfect blend of modern living and exceptional investment potential. Each unit features 2 bedrooms, 1 bathroom, abundant natural light, and its own private yard, creating inviting spaces that tenants and homeowners alike will love. Large windows throughout both homes fill the interiors with natural light, enhancing the open and comfortable living spaces. Whether you're looking to live in one unit while offsetting your mortgage by renting the other, or add a move-in-ready duplex to your investment portfolio, this property delivers flexibility and immediate income potential. Both units give you the freedom to set market rents, select your own tenants, or occupy either unit from day one. Ideally located in the heart of Chula Vista, you'll enjoy convenient access to shopping, dining, parks, schools, public transportation, and major freeways, making this an attractive location for both homeowners and renters. Don't miss your chance to own a turnkey duplex in one of Chula Vista's most convenient and desirable neighborhoods. Presenting 721 Del Mar Ave, a renovated duplex offering the perfect blend of modern living and exceptional investment potential. Each unit features 2 bedrooms, 1 bathroom, abundant natural light, and its own private yard, creating inviting spaces that tenants and homeowners alike will love. Large windows throughout both homes fill the interiors with natural light, enhancing the open and comfortable living spaces. Whether you're looking to live in one unit while offsetting your mortgage by renting the other, or add a move-in-ready duplex to your investment portfolio, this property delivers flexibility and immediate income potential. Both units give you the freedom to set market rents, select your own tenants, or occupy either unit from day one. Ideally located in the heart of Chula Vista, you'll enjoy convenient access to shopping, dining, parks, schools, public transportation, and major freeways, making this an attractive location for both homeowners and renters. Don't miss your chance to own a turnkey duplex in one of Chula Vista's most convenient and desirable neighborhoods.

721 Del Mar Ave, Chula Vista

$1,688,888

4 Beds ⋅ 3 Baths ⋅ 260018531 MLS ⋅ ACTIVE Status ⋅ Georgia BLDG.

Cash Flow with Opportunity to add two more units or Large home. Welcome to 1195 Georgia Street A-C, Imperial Beach, CA 91932 — a rare investment opportunity just minutes from the sand. This fully rented, turn-key triplex offers immediate cash flow with strong in-place income, while also presenting significant upside potential through redevelopment or expansion. Situated on an expansive Corner lot with Alley in an R-3000 zoning area, the property benefits from favorable density allowances—making it ideal for an investor or end-user looking to add units or reconfigure the site for even greater returns. The land value alone offers long-term appreciation and flexibility, with Imperial Beach growth and redevelopment trends continuing to rise. Each of the 3 units is well-maintained and occupied—providing steady income from day one. Whether you're a savvy investor seeking a strong cash-flowing asset or a homeowner aiming to live in one unit while generating income from the others, this property checks every box.Don’t miss your chance to secure a high-potential asset in one of San Diego’s fastest-growing coastal communities.

1195 Georgia St, Imperial Beach

$1,590,000

4 Beds ⋅ 5 Baths ⋅ 260018516 MLS ⋅ ACTIVE Status ⋅ Voyager Park BLDG.

HIGH INCOME Investment Opportunity in Chula Vista |3 Units| Solar & Cayon Views! Rare investment opportunity to acquire a pristine property situated on a spacious 0.34-acre canyon lot. Completely build/remodeled in 2025 with high-end finishes, this property offers zero deferred maintenance, low utility overhead and strong pro forma gross income. Ideal for 1031 exchange, looking for immediate cash flow or owner-occupants wanting to live in the turnkey and upgraded 3br. main home. Month to month rentals 1br. rents $2,350 and Studio rents $1,850 per month each. Each unit are built with permits. See attached pdf. with property detailed information.

971-969-973 E J St, Chula Vista

$1,150,000

PTP2605735 MLS ⋅ ACTIVE Status

lot currently has a habitable house on it. However, the listing is for the land including the engineering and the plans. Plan review is completed by SD County and approved. Ready to pull permits after paying approx. $80K to Helix water, $6,162 Grading permit, $7,878 Demolition permit, and approx. $20K for final building fees. Plans are to build 4 detached units; 3 houses of 4BR/2.5BA, 2,350sf each and 1 ADU of 3BR/2.5BA 1,200 sf. Each house will have a 2-car garage of 500sf. Note that there is a fence at the back and there is a second fence behind it. Property includes both fenced areas. lot currently has a habitable house on it. However, the listing is for the land including the engineering and the plans. Plan review is completed by SD County and approved. Ready to pull permits after paying approx. $80K to Helix water, $6,162 Grading permit, $7,878 Demolition permit, and approx. $20K for final building fees. Plans are to build 4 detached units; 3 houses of 4BR/2.5BA, 2,350sf each and 1 ADU of 3BR/2.5BA 1,200 sf. Each house will have a 2-car garage of 500sf. Note that there is a fence at the back and there is a second fence behind it. Property includes both fenced areas.

1470 Marline Ave, El Cajon

$1,895,000

9 Beds ⋅ 4 Baths ⋅ 260018509 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

Turn Key 2021 Renovation/construction student rental property leased through August 1st 2027 for $12,900 per month at a 5.6% Cap rate WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 5bed/2ba, ADU in back is a 4bed/2ba. All market rate no deed restrictions! Prime location short walk to the SDSU campus and Aquaplex & fields. This property usually rents 8-11 months in advance each year due to desirable layout, finishes, and proximity to campus. 3 off street parking spots plus 8 street parking permits (4 per address). In unit washer dryers

5270-72 Manhasset Dr, Talmadge/San Diego Central

$938,000

4 Beds ⋅ 2 Baths ⋅ 260018456 MLS ⋅ ACTIVE Status

Looking for your next opportunity? Adorable duplex now for sale, has back lot for possible ADU potential. Long term tenants in place, front unit has newer dual pane windows. Let your imagination take flight and turn these units into your dream!

4251-53 Pepper Dr, East San Diego

$2,000,050

33 Beds ⋅ 21 Baths ⋅ 260018421 MLS ⋅ ACTIVE Status

6 units that have been well maintained by the owner/carpenter for 26 years. Fantastic location in Clairemont within walking distance to The Clairemont Square, library, restaurants and bus stops. Parking on site for each unit. Laundry unit on property. Roof installed and exterior painted within past 5 years. These are solid bread and butter units that have been well cared for and operated. Buyer to cooperate with Seller 1031 exchange. Units to be shown with accepted offer only. No owner carry back or financing.

4495 Clairemont Dr, Clairemont/Bay Park

$845,000

4 Beds ⋅ 2 Baths ⋅ PTP2605685 MLS ⋅ ACTIVE Status

PRICE REDUCTION! Seller will entertain offers between $799,000 and $845,000. Amazing investment opportunity! This mobile home park comes with two manufactured homes, built in 2017 and 2018. Live in one, rent the other, or rent both...so many options! Each home boasts an open floorplan, with 2 bedrooms and 1 bath. Large kitchen space with plenty of storage and all appliances included. In-unit laundry makes living easy. One washer and dryer set included. The units are separately metered for gas and electric, but share water. Both homes have A/C, including an upgraded mini-split in living room of Apt. 1, making the home extremely energy efficient. The possibilities are endless with this property! 2 storage sheds on property allow for plenty of storage space. Close to all - shopping, schools, parks, and so much more. You must see this property to truly appreciate all it has to offer! Submit your offer today before it is gone. PRICE REDUCTION! Seller will entertain offers between $799,000 and $845,000. Amazing investment opportunity! This mobile home park comes with two manufactured homes, built in 2017 and 2018. Live in one, rent the other, or rent both...so many options! Each home boasts an open floorplan, with 2 bedrooms and 1 bath. Large kitchen space with plenty of storage and all appliances included. In-unit laundry makes living easy. One washer and dryer set included. The units are separately metered for gas and electric, but share water. Both homes have A/C, including an upgraded mini-split in living room of Apt. 1, making the home extremely energy efficient. The possibilities are endless with this property! 2 storage sheds on property allow for plenty of storage space. Close to all - shopping, schools, parks, and so much more. You must see this property to truly appreciate all it has to offer! Submit your offer today before it is gone.

8213 Sunset Dr, Lakeside

$1,394,900

7 Beds ⋅ 6 Baths ⋅ PTP2605686 MLS ⋅ ACTIVE Status

Skip the renovation. Skip the lease-up. Step into a fully performing investment. With tenants already in place, this updated triplex offers the kind of investment opportunity that's becoming increasingly difficult to find. Set on a 7,000+ sq. ft. lot, each residence enjoys its own private yard, completelyseperate and a layout that lives independently from the others, creating lasting tenant appeal and strong rental stability. The unit mix includes a 3-bedroom, 2-bath front home, a 2-bedroom, 2-bath middle unit, and a recently updated 2+-bedroom, 2-bath rear townhome. Major capital improvements have already been completed, including newer roofs on all three buildings, an updated HVAC system and ducting in the front home, remodeled kitchens and bathrooms, updated flooring, windows, cabinetry, plumbing, electrical, and fresh interior finishes throughout. Strengthen your portfolio with a performing asset, execute a long-term hold strategy, or capitalize on future rental growth with long-term upside. Skip the renovation. Skip the lease-up. Step into a fully performing investment. With tenants already in place, this updated triplex offers the kind of investment opportunity that's becoming increasingly difficult to find. Set on a 7,000+ sq. ft. lot, each residence enjoys its own private yard, completelyseperate and a layout that lives independently from the others, creating lasting tenant appeal and strong rental stability. The unit mix includes a 3-bedroom, 2-bath front home, a 2-bedroom, 2-bath middle unit, and a recently updated 2+-bedroom, 2-bath rear townhome. Major capital improvements have already been completed, including newer roofs on all three buildings, an updated HVAC system and ducting in the front home, remodeled kitchens and bathrooms, updated flooring, windows, cabinetry, plumbing, electrical, and fresh interior finishes throughout. Strengthen your portfolio with a performing asset, execute a long-term hold strategy, or capitalize on future rental growth with long-term upside.

230 Zenith St, Chula Vista

$1,399,000

7 Beds ⋅ 6 Baths ⋅ 260018403 MLS ⋅ ACTIVE Status ⋅ El Cajon BLDG.

3 Homes on 1 Lot Rare Investment & Income Opportunity! Discover the incredible potential of this unique property featuring three separate homes on one lot 160 Cedar: 3 bedrooms, 3 bathrooms, 1,140 sq. ft. 164 Cedar: 3 bedrooms, 2 bathrooms, 1,075 sq. ft. 166 Cedar (Detached ADU):1 bedroom, 1 bathroom, 527.6 sq. ft. Offering a combined 7 bedrooms, 6 bathrooms, and approximately 2,743 square feet of living space, this property provides exceptional versatility and multiple income opportunities. Live in one residence while renting the others, create space for extended family, or add a high-performing asset to your investment portfolio. The detached ADU enhances the property's appeal, providing additional privacy and flexibility for tenants, guests, or family members. Whether you're looking to generate consistent rental income, or secure a property with long-term appreciation potential, this one-of-a-kind opportunity checks all the boxes. Ideal for: * Investors seeking multiple income streams *

160 Cedar St, El Cajon

$2,625,000

6 Beds ⋅ 6 Baths ⋅ 260018357 MLS ⋅ ACTIVE Status

Presenting 904–914 24th Street, an exceptional 8-unit multifamily investment opportunity located in the highly desirable Golden Hill neighborhood of San Diego, California. Originally constructed in 1910, the property consists of three residential buildings situated on (2) adjacent corner parcels and offers approximately ±5,760 square feet of living space. Spanning two parcels totaling 7,609 square feet, the asset boasts a diverse unit mix: one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1- bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors have been thoughtfully maintained, showcasing built-in storage, vaulted ceilings, original hardwood floors, and abundant natural light from large windows. Select units offer private balconies and yards giving tenants outdoor space seldom found in newer complexes. The asset provides stable in-place income while presenting investors with a compelling value-add opportunity. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused space between the buildings could allow for the potential construction of an ADU further increasing density and rental income.

904-14 24th St, Golden Hill

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