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

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

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)

$1,325,000

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

$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

$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

$9,060,000

58 Beds ⋅ 54 Baths ⋅ 260022912 MLS ⋅ ACTIVE Status

The offering presents󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 an opportunity to acquire a 54- unit senior multifamily portfolio comprised of two adjacent properties, Kalmia Courtyard and De Luz Apartments, in Fallbrook, California. Properties must be purchased together. The portfolio offers predictable rent growth through rents tied to Area Median Income (AMI) rather than market rents. Constructed in 1988 and 1997, the properties also offer newer construction, potentially reducing maintenance and long-term capital expenditures. Due to the recorded Regulatory Agreement, the portfolio qualifies for Low-Income Housing property tax abatement. Seller to convey 501(c)3 nonprofit entity to assist buyer with structure. The adjacent properties can be operated separately or together, providing operational efficiencies while maintaining separate income streams and flexibility to sell the proper ties individually in the future. Located within walking distance of Downtown Fallbrook, residents benefit from convenient access to locally owned shops, restaurants, boutiques, galleries, and everyday services in a charming small-town setting. Included 2 properties and 4 parcels - 234 W Kalmia Street & 420 N. Pico Ave, Fallbrook, CA 92028. APN: 103-131-06, 07 & 08 and 103-131-01-00

234 W Kalmia, Fallbrook

$2,800,000

9 Beds ⋅ 9 Baths ⋅ 260022893 MLS ⋅ ACTIVE Status

4357-63 39th Street󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 is a 9-unit apartment community consisting of multiple single-story structures totaling 5,080 square feet built in 1926, renovated in 2025, and situated on a 12,666 square foot lot. All the units are 1 Bedroom / 1 Bathroom and there are 9 garages, four of which are located at 4358 40th Street APN 447-202-23-00 on another 1,752 square foot lot. All units were completely remodeled in 2025. There was a new roof installed as well as stucco repair, exterior repaint, doors, and landscaping. All unit interiors feature new canned lighting, ceiling fans, window coverings and vinyl plank flooring with new baseboards. All units have new appliances and electric wall heaters powered by new sub panels. Plumbing was replaced with copper and ABS as needed. The kitchens and bathrooms feature new cabinets, fixtures, hardware, and quartz countertops.

4357-63 39th St, East San Diego

$1,365,000

6 Beds ⋅ 4 Baths ⋅ 260022866 MLS ⋅ ACTIVE Status ⋅ Silver Terrace Addition BLDG.

JUST REDUCED, SELLER WANTS SOLD & VACANT! Both spacious 3-bedroom, 2-bath units are now vacant and ready for immediate occupancy. An excellent opportunity for an owner-occupant or investor seeking a solid income property with additional development potential. The units are positioned toward the rear of the property, creating possibilities for future development. The property also includes two one-car garages with additional parking in front. See the Development/ADU Analysis for further details. Ideally located within walking distance of USD, restaurants, shopping, and neighborhood amenities. Don’t miss this opportunity! Seller wants sold! See documents for feasibility report.

5419 Lauretta St A & B, Old Town

$2,570,000

8 Beds ⋅ 8 Baths ⋅ 260022823 MLS ⋅ ACTIVE Status

**6-Unit, Turnkey, Prime North Park** Located just south of University Ave in one of North Park's most desirable pockets, this 6-unit multifamily property offers a fully renovated, turnkey asset — including three brand-new units. Situated just south of University Ave (WalkScore of 88) with excellent walkability to shops, dining and nightlife along University Ave, convenient access to nearby neighborhoods including Mission Hills, Hillcrest, and South Park, and a short walk to Balboa Park. The property features a 3Bedroom/3Bathroom house along with (3) 1Bedroom/1Bathroom units, (1) 2Bedroom/1Bathroom, and (1) Studio, with each unit offering a private yard or patio. Significant capital improvements have been completed across both the interiors and exteriors, creating a turnkey property with steady in-place cash flow with still +20% in additional rental upside.

3758-62 Louisiana St, North Park

$1,999,999

8 Beds ⋅ 4 Baths ⋅ 260022819 MLS ⋅ ACTIVE Status ⋅ 3062-68 Columbia St BLDG.

Rare 4-unit investment opportunity with breathtaking panoramic city, bay, and harbor views. Consistently rented with strong income potential, this property features four 2-bedroom, 1-bath units, each with its own one-car garage, plus a community laundry room. Designed for low-maintenance ownership in an unbeatable location, two units have been remodeled with modern updates, while the remaining units offer additional upside potential. Tenants enjoy spectacular views and convenient access to San Diego Airport, Downtown, Bankers Hill, Little Italy, Balboa Park, freeways, dining, shopping, and more. An exceptional opportunity for investors seeking stable cash flow, long-term growth, and a highly desirable San Diego rental location. The property's prime location may also present short-term rental opportunities (airbnb is allowed in the area). Don’t miss this rare investment offering.

3062-68 Columbia St, Mission Hills

$2,475,000

6 Beds ⋅ 6 Baths ⋅ 260022814 MLS ⋅ ACTIVE Status

6 units, all󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 one bed one bath, bungalow style rental units in OB. One block off Newport. Security access gate with outdoor space and 4 garages.

4918 Santa Monica Ave, Ocean Beach (OB)

$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

$2,850,000

16 Beds ⋅ 8 Baths ⋅ 260022774 MLS ⋅ ACTIVE Status

4221–27 Kansas Street is an 8-unit multifamily property located in the heart of North Park. Built in 1956, the property consists of eight (8) 2-bedroom / 1-bath units totaling approximately 6,736 square feet, offering a consistent unit mix. The property includes five (5) off-street parking spaces and on-site laundry. Units are in good overall condition, with several recently updated, providing stable in-place income. Conveniently located near North Park’s restaurants, retail, and local amenities, with access to Interstate 805 and Interstate 15.

4221-27 Kansas St, North Park

4454-60 52nd St, Talmadge/San Diego Central

$1,725,000

8 Beds ⋅ 4 Baths ⋅ 260022766 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Rare 4-unit multifamily in San Diego, priced to move for investors and owner-occupant buyers alike. Each unit offers a 2 bed/1 bath layout at approx. 810 SF (2 units up, 2 down). Two units have in-unit laundry; the other two share a common on-site laundry room. The detached alley building holds 4 single-car garages (currently one is used as a laundry room), all with strong ADU conversion potential, plus room to build above the garages for even more upside. At market rents this property pencils at a 5% cap rate and 14.4 GRM. Ideal for an investor looking to add ADUs and maximize unit count, or an owner-occupant who can live in one unit while the other 3 units cover the majority of the mortgage. Built-in upside, prime San Diego location, and multiple paths to add value, don't miss this one.

4454-60 52nd St, Talmadge/San Diego Central

$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

$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

$3,450,000

15 Beds ⋅ 8 Baths ⋅ 260022686 MLS ⋅ ACTIVE Status

Eight unit coastal apartment community with strong current rents. Excellent unit mix of seven 2-bed/1-bath units (~890 SF) and one 1-bed/1-bath (~740 SF), all larger than the Ocean Beach norm. Recently updated exterior paint & newer windows. One block from the beach, one block to Newport Avenue's dining and entertainment corridor, and two blocks to Ocean Beach Elementary.

4930 Santa Monica, Ocean Beach (OB)

$3,349,000

5 Beds ⋅ 5 Baths ⋅ ND26201804 MLS ⋅ ACTIVE Status

First time on the market in nearly 30 years, this spacious Encinitas triplex presents an extremely rare investor or owner-user opportunity. Ideally located just one block from the beach and within walking distance of Downtown Encinitas, the property features three separate units totaling more than 2,600 square feet. Each unit has been thoughtfully upgraded or exceptionally well-maintained, featuring quality wood or tile flooring, skylights, private balconies, incredible outdoor spaces, and beautiful city views. Additional highlights include two large carports with parking for four vehicles, two dedicated laundry areas, and generous storage throughout, including a 120 square foot shed. With additional interior upgrade potential and possible ADU opportunities, the property offers meaningful long-term upside in one of North County San Diegos most coveted coastal communities. Properties offering this combination of location, size, and versatility are incredibly difficult to find, making this an opportunity that investors and owner-users will not want to miss. First time on the market in nearly 30 years, this spacious Encinitas triplex presents an extremely rare investor or owner-user opportunity. Ideally located just one block from the beach and within walking distance of Downtown Encinitas, the property features three separate units totaling more than 2,600 square feet. Each unit has been thoughtfully upgraded or exceptionally well-maintained, featuring quality wood or tile flooring, skylights, private balconies, incredible outdoor spaces, and beautiful city views. Additional highlights include two large carports with parking for four vehicles, two dedicated laundry areas, and generous storage throughout, including a 120 square foot shed. With additional interior upgrade potential and possible ADU opportunities, the property offers meaningful long-term upside in one of North County San Diegos most coveted coastal communities. Properties offering this combination of location, size, and versatility are incredibly difficult to find, making this an opportunity that investors and owner-users will not want to miss.

720 3rd, Encinitas

$2,399,000

7 Beds ⋅ 6 Baths ⋅ 260022672 MLS ⋅ ACTIVE Status

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.

3767 7th Ave, Mission Hills

$8,200,000

33 Beds ⋅ 33 Baths ⋅ 260022608 MLS ⋅ ACTIVE Status

We are pleased to present Golden View, a 28-unit multifamily community located at 2470 C Street in San Diego, CA. Situated on approximately 0.33 acres in the heart of Golden Hill, the property offers investors the opportunity to acquire a well-located apartment asset in one of San Diego’s most established, walkable, and centrally positioned urban submarkets. Golden View features a diversified unit mix of studio, one-bedroom, and two-bedroom floorplans totaling approximately 21,546 rentable square feet. The unit mix includes three (3) studio units averaging 442 square feet, fifteen (15) one-bedroom/one-bathroom units averaging 765 square feet, one (1) two-bedroom/one-and-a-half-bathroom unit at 832 square feet, eight (8) two-bedroom/two-bathroom units averaging 862 square feet, and one (1) large non-conforming studio unit at 1,017 square feet. The property’s varied floorplan offering supports broad renter appeal, while select spacious units feature bright kitchens with stainless steel appliances, generous closet space, secured access, elevator service, on-site laundry, and assigned parking. Ideally positioned just east of Downtown San Diego, Golden View places residents near Balboa Park, San Diego City College, major freeways, and a wide range of dining, nightlife, shopping, and entertainment venues. The property combines convenient access to San Diego’s major employment and lifestyle destinations with the neighborhood character and walkability that continue to drive renter demand in Golden Hill. With its central location, meaningful scale, diversified unit mix.

2470 C St, Golden Hill

$2,350,000

9 Beds ⋅ 9 Baths ⋅ 260022556 MLS ⋅ ACTIVE Status

5.40% Cap Rate on Actuals, 9-Units in Normal Heights • Extremely Well-Maintained Asset w/ RUBS • New Roof (2024), Multiple Units Upgraded • Ample Onsite Parking (10 Spaces) • Situated Just South of Adams (WalkScore of 93) • Excellent Walkability to Shops, Dining and Nightlife Along Adams Ave • Convenient Access to Nearby Neighborhoods Including Mission Valley, Kensington, North Park and South Park This represents an opportunity to acquire an extremely well-maintained asset and with strong in-place rents with efficient operations (established RUBS system) with additional rental upside in one of San Diego's best rental markets.

4669 36th St, Normal Heights

$1,400,000

8 Beds ⋅ 4 Baths ⋅ 260022545 MLS ⋅ ACTIVE Status ⋅ Encanto BLDG.

Turnkey 4-unit investment opportunity with all units currently occupied and professional property management already in place! Each unit offers 2 bedrooms and 1 bathroom and has been extensively remodeled within the last 3 years. Interiors feature updated kitchens with granite countertops, white shaker cabinets and stainless steel appliances, luxury vinyl flooring, and remodeled bathrooms with updated vanities and shower/tub combinations. Each unit also includes an in-unit stackable washer and dryer plus central heating & A/C. Exterior improvements include updated stairs and railings along with a newer drainage system.Conveniently located near the 805 and 94 freeways, approximately 15 minutes from Downtown San Diego, Naval Base San Diego and SDSU. With 4 occupied units, extensive renovations and management already established, this is an excellent opportunity to expand your portfolio or complete a 1031 exchange. Income-producing from day one!

6979-85 Lisbon St, Encanto

$1,245,000

5 Beds ⋅ 5 Baths ⋅ 260022532 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

MOTIVATED SELLER!! SELLER NEEDS TO SELL BEFORE END OF 2026!! 3860–64 Wilson Ave is a well-positioned three-unit multifamily property located in San Diego’s desirable 92104 submarket near North Park. Built in 1955, the property offers approximately 1,856 rentable square feet on an oversized 7,224 square foot lot and features an attractive unit mix consisting of one 1Br/1Ba, a 2Br/2Ba unit, and one 2Br/2Ba SFR. Each unit offers in-unit washer & dryer and private yards. Offered at $1,245,000 ($415,000 per unit; $670.80 per SF), the asset provides investors with immediate in-place income, generating approximately $62,343 of NOI and a 5.01% going-in cap rate, with additional upside to approximately $65,893 of NOI and a 5.3% cap rate at estimated market rents.

3860-64 Wilson Ave, North Park

$999,000

6 Beds ⋅ 4 Baths ⋅ 260022518 MLS ⋅ ACTIVE Status ⋅ No BLDG.

Value-add four-unit property󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 on a large 7,410 SF corner lot in National City. The property consists of a 3-bedroom house, a duplex with a 3-bedroom unit and a studio, and a separate standalone studio. All units have yard areas, with plenty of off-street parking throughout the property. The 2908 House has its own water meter. Two total Water Meters for all four units total. The property offers investors an opportunity to renovate and increase rents over time. The large corner lot, four-unit configuration, private yard areas, and ample parking provide a solid foundation for repositioning the property.

2908-12 E 8th, National City

$1,100,000

4 Beds ⋅ 2 Baths ⋅ NDP2608619 MLS ⋅ ACTIVE Status

Lee & Associates󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 | North San Diego County | The Von Bluecher Group is pleased to present 38th Street Duplex, a 2-unit multifamily investment opportunity located at 3313-15 38th Street in San Diego, California. Situated on an approximately 7,538 square foot lot, the property consists of one single-story residential building totaling approximately 2,028 square feet and features a unit mix of (2) two-bedroom/one-and-a-half-bath units, each approximately 1,014 square feet. The property offers investors an opportunity to acquire a well-located San Diego duplex with stable in-place income, private yards, substantial parking, and several recent property improvements. Each unit includes a two-car garage, driveway, private yard, laundry hookups, and access to owned solar. The property was tented for termite treatment and received a complete exterior repaint in 2022. In Unit 3313 the following improvements include new appliances, windows, & upgraded A/C system. Both units have received new garage doors for both units. The property currently generates approximately $6,000 in scheduled monthly rental income, providing a strong income base for an investor, owner-user, or multigenerational buyer. The two-unit configuration also offers operational simplicity and flexibility. The property's two-car garages create an attractive opportunity for future upside, with potential to explore ADU conversion or other permitted living space. This added flexibility could support future rental income, extended-family accommodations, or enhanced owner-user functionality. Buyer to verify all zoning, permi Lee & Associates | North San Diego County | The Von Bluecher Group is pleased to present 38th Street Duplex, a 2-unit multifamily investment opportunity located at 3313-15 38th Street in San Diego, California. Situated on an approximately 7,538 square foot lot, the property consists of one single-story residential building totaling approximately 2,028 square feet and features a unit mix of (2) two-bedroom/one-and-a-half-bath units, each approximately 1,014 square feet. The property offers investors an opportunity to acquire a well-located San Diego duplex with stable in-place income, private yards, substantial parking, and several recent property improvements. Each unit includes a two-car garage, driveway, private yard, laundry hookups, and access to owned solar. The property was tented for termite treatment and received a complete exterior repaint in 2022. In Unit 3313 the following improvements include new appliances, windows, & upgraded A/C system. Both units have received new garage doors for both units. The property currently generates approximately $6,000 in scheduled monthly rental income, providing a strong income base for an investor, owner-user, or multigenerational buyer. The two-unit configuration also offers operational simplicity and flexibility. The property's two-car garages create an attractive opportunity for future upside, with potential to explore ADU conversion or other permitted living space. This added flexibility could support future rental income, extended-family accommodations, or enhanced owner-user functionality. Buyer to verify all zoning, permitting, parking, and conversion requirements. Located in the heart of the City Heights / Colina Del Sol submarket, the property benefits from convenient access to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Balboa Park, and major employment centers throughout the region. The surrounding neighborhood continues to experience strong rental demand driven by its central location, affordability relative to coastal submarkets, and ongoing community reinvestment. With its spacious two-bedroom units, private outdoor areas, two-car garages, driveways, owned solar, and recent improvements, 38th Street Duplex presents an opportunity to acquire a well-located multifamily asset with current income and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, utility metering, permits, financial information, rental information, and all other material aspects of the property.

3313-15 38th St, East San Diego

1311-15 Pacific Beach Dr, Pacific Beach/Mission Beach

$4,575,000

6 Beds ⋅ 9 Baths ⋅ 260022485 MLS ⋅ ACTIVE Status ⋅ By The Bay Condominiums BLDG.

Exceptional fully turnkey triplex located on Pacific Beach Drive, offering modern coastal living and a rare investment opportunity. Units are condominiums with individual APNs. This property provides amazing flexibility for investors or owner-users alike. Each 2-bedroom, 2.5-bath residence features open-concept living, dual-pane windows, in-unit washer and dryer, and secure gated underground parking with a private two-car garage and direct access to each unit. Every residence enjoys exclusive use patios as well as private rooftop deck with panoramic views of Sail Bay and Pacific Beach. Select units include premium outdoor amenities such as a private “spool” and a spacious outdoor kitchen with fireplace. Offered fully furnish. Exceptional fully turnkey triplex located on Pacific Beach Drive, offering modern coastal living and a rare investment opportunity. Units are condominiums with individual APNs. This property provides amazing flexibility for investors or owner-users alike. Each 2-bedroom, 2.5-bath residence features open-concept living, dual-pane windows, in-unit washer and dryer, and secure gated underground parking with a private two-car garage and direct access to each unit. Every residence enjoys exclusive use patios as well as private rooftop deck with panoramic views of Sail Bay and Pacific Beach. Select units include premium outdoor amenities such as a private “spool” and a spacious outdoor kitchen with fireplace. Offered fully furnish.

1311-15 Pacific Beach Dr, Pacific Beach/Mission Beach

$8,995,000

16 Beds ⋅ 15 Baths ⋅ 260022479 MLS ⋅ ACTIVE Status

We are proud to present The Beach Palms Carlsbad, a luxury vacation rental property. Currently operating and permitted as a vacation rental property, the potential buyer can continue to reap the increased revenue from the vacation rental business or convert it back to long-term luxury furnished apartments and/or corporate rentals. The owners completely renovated the interiors and common area with the latest luxurious amenities that guests come to expect. They also transformed the large courtyard into a tropical oasis where guests can go to unwind and relax, have a BBQ or spend time with friends and family. Located across the street from pristine Carlsbad Beach. Walking distance to fine dining, shopping, galleries, and entertainment in Carlsbad Village. The property has two 2-story low-rise buildings that include a total of 8 units. The South building has six 2- bedroom units, and the north building has one 1-bedroom unit and one 3-bedroom unit. A laundry room is located inside the courtyard, equipped with two complimentary washers/dryers and laundry detergent. No expense was spared on the total renovation of this property. It will be sold with all the furnishings and electronics. In addition, the rear carport and attached office could be rebuilt as an ADU, whereby a 9th unit could be added above the carport, entering through the current office, which would be reduced in size to support the stairs.

150 Walnut, Carlsbad

$999,999

5 Beds ⋅ 3 Baths ⋅ 260022472 MLS ⋅ ACTIVE Status ⋅ El Cajon BLDG.

Rare property! 2 detached renovated houses with separate private yards. Large lot which can potentially be used for ADU or assigned off-street parking. Both houses have been renovated and both have upgraded electrical panels & plumbing. 702 Lemon Ave has a brand new roof. Great property for an owner occupied buyer or for an investor looking to expand their portfolio.

905 W Washington Ave, El Cajon

$2,500,000

11 Beds ⋅ 10 Baths ⋅ 260022449 MLS ⋅ ACTIVE Status

Over a 7% pro forma cap rate, seven fully occupied residential units, and a warehouse facility position this 8.19-acre Bonsall property as a compelling income-producing investment in North San Diego County. Approximately 6,436 square feet of residential space with 14 bedrooms, 11 bathrooms, and established tenancy provide immediate cash flow from a diversified mix of rentals. At the center of the property, the approximately 100-year-old Rockhouse brings historic character rarely associated with a multifamily asset. Units E and F were upgraded in 2024, while mature trees and gently sloping terrain create separation between residences. A private well adds valuable infrastructure and helps support the extensive grounds. Investors benefit from a single-parcel acquisition with multiple revenue sources, substantial acreage, no HOA, and no Mello-Roos. Convenient proximity to Fallbrook, Highway 76, I-15, Oceanside, and employment centers throughout the region supports continued tenant demand. The combination of current occupancy, attractive projected returns, land ownership, and improvement potential creates a distinctive opportunity for investors seeking yield and long-term value in the Southern California market.

5710 Olive Hill Rd, Bonsall

5505 Mary Lane Dr, Talmadge/San Diego Central

$3,095,000

14 Beds ⋅ 8 Baths ⋅ 260022437 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

6% CAP rate WITH MANAGEMENT in place! TURN KEY 4-unit SDSU student rental property as close as it gets to campus! Built / renovated in 2023 - 5505-5511 Mary Lane Dr is comprised of (1) 5BR/3BA, (1) 4BR/2BA, and (1) 3BR/2BA and (1) 2BR/1BA- totalling 14beds/8baths and 3,877 sqft bringing in $21,300 per mo. Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%. Extremely rare for properties this close to campus to become available for sale.

5505 Mary Lane Dr, Talmadge/San Diego Central

$1,325,000

PTP2606915 MLS ⋅ ACTIVE Status

VIEWS OF BOTH THE OCEAN & BAY from this property skyline 2 HOUSES = 464 & 468 7th Street in Imperial Beach Here is a prime investment opportunity or fixer opportunity to make one of these homes your primary residence while renting out the other. Both have newer kitchens, newer bathrooms, new windows and providing a strong foundation for immediate enjoyment or long-term investment. Two single-family residences, each with an attached single-car garage and both floorplans and feature 2 bedrooms and 1 bathroom. For the first-time homebuyer, the updated interiors combined with a remodel could further open up the floorplan and add valuable square footage, turning this property into the home of your dreams. The property zoning, offers flexibility for future use and expansion. The backyard is expansive, with a total lot size of 11,489 sq ft, and awaits your vision for landscaping, a swimming pool, or potentially ADUs for guests or added rental income. RV parking, space for Trailers etc. This property back yard has gated access to the Bike way path which connects you directly to Coronado & the Chula Vista Bayfront expansion of recreational fun and entertainment. This house have direct kitchen, living room and bedroom views out to the wild life estuary and bird sanctuary. Watch the beautiful wild life in its natural habitat all day long. BEACH LIFE AND GREAT SUNSETS Buyer to verify all square footage, boundaries, permits, zoning VIEWS OF BOTH THE OCEAN & BAY from this property skyline 2 HOUSES = 464 & 468 7th Street in Imperial Beach Here is a prime investment opportunity or fixer opportunity to make one of these homes your primary residence while renting out the other. Both have newer kitchens, newer bathrooms, new windows and providing a strong foundation for immediate enjoyment or long-term investment. Two single-family residences, each with an attached single-car garage and both floorplans and feature 2 bedrooms and 1 bathroom. For the first-time homebuyer, the updated interiors combined with a remodel could further open up the floorplan and add valuable square footage, turning this property into the home of your dreams. The property zoning, offers flexibility for future use and expansion. The backyard is expansive, with a total lot size of 11,489 sq ft, and awaits your vision for landscaping, a swimming pool, or potentially ADUs for guests or added rental income. RV parking, space for Trailers etc. This property back yard has gated access to the Bike way path which connects you directly to Coronado & the Chula Vista Bayfront expansion of recreational fun and entertainment. This house have direct kitchen, living room and bedroom views out to the wild life estuary and bird sanctuary. Watch the beautiful wild life in its natural habitat all day long. BEACH LIFE AND GREAT SUNSETS Buyer to verify all square footage, boundaries, permits, zoning

464-68 7th St, Imperial Beach

$4,500,000

16 Beds ⋅ 12 Baths ⋅ 260022362 MLS ⋅ ACTIVE Status

New to market󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 for the first time in over 26 years, 2301-2323 Brant Street presents a rare opportunity to acquire a well-maintained 12-unit multifamily asset in one of San Diego's most desirable urban neighborhoods, just steps from Little Italy, Downtown, and Balboa Park. Set on an oversized corner lot elevated above street level, the gated property features two buildings connected by a central landscaped courtyard, with select units enjoying city and bay views. The unit mix consists of eight (8) upgraded one-bedroom, one-bathroom units and four (4) upgraded two-bedroom, two-bathroom units, with dedicated garages for 8 of the 12 units. Every unit has received cosmetic upgrades, including newer kitchens and dual-pane windows, with dedicated laundry rooms for each building. The property has historically strong occupancy and is currently 100% leased, offering an investor immediate, stable income in an irreplaceable infill location.

2301-2323 Brant St, Downtown

$999,000

4 Beds ⋅ 3 Baths ⋅ 260022276 MLS ⋅ ACTIVE Status

THREE DETACHED LIVING SPACES | RM-2-5 | MINUTES TO NORTH PARK | INCOME + MULTIGENERATIONAL POTENTIAL. Just minutes from North Park, this property presents an outstanding opportunity for investors, owner-occupants, multigenerational living, or those completing a 1031 exchange. The front detached unit features 3 bedrooms, 1.5 bathrooms, and in-unit laundry. The second unit offers 1 bedroom and 1 bathroom with access to a shared laundry area. In addition, the property includes a detached bonus living space currently configured as a 1-bedroom, 1-bathroom unit, providing added flexibility. A long driveway provides convenient access to all three detached living spaces, creating privacy and separation throughout the property. Appliances are included, making this an excellent opportunity to generate rental income, or accommodate extended family. Conveniently located near shopping, dining, schools, major freeways, and just minutes from the vibrant North Park neighborhood, this property offers flexibility, strong income potential, and long-term value in a central San Diego location.

4159 38th St, East San Diego

1953 Emerald St, Pacific Beach/Mission Beach

$3,795,000

9 Beds ⋅ 8 Baths ⋅ 260022274 MLS ⋅ ACTIVE Status

Variance Granted Commercial Res Income. Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,400 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer. Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,400 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer.

1953 Emerald St, Pacific Beach/Mission Beach

$3,500,000

260022227 MLS ⋅ ACTIVE Status

Ballantyne Condominiums is󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 a newly constructed mixed-use asset ideally located in the heart of downtown El Cajon, within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities. The property consists of eight residential condominium units and two ground-floor retail/office suites, including: INVESTMENT OVERVIEW Four (4) spacious 2-bedroom, 2.5-bath units Two (2) 1-bedroom plus study, 1.5-bath units Two (2) 1-bedroom, 1.5-bath units Two (2) street-level retail spaces Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential. This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value. As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals.

120 Ballantyne, El Cajon

$2,300,000

4 Beds ⋅ 3 Baths ⋅ 260022217 MLS ⋅ ACTIVE Status ⋅ Balboa Park BLDG.

We are pleased to present 3560-64 Front Street, a rare multi-residential investment opportunity located in the heart of Hillcrest, one of San Diego's most sought-after urban infill neighborhoods. Situated on an expansive 6,496 square-foot parcel and zoned RM-3-7, the property offers investors and developers a unique opportunity to acquire a large, well-positioned property in a supply-constrained submarket where development opportunities are increasingly difficult to secure. The existing improvements consist of three fully renovated residences, including a studio, a two-bedroom/one-bath unit, and a two-bedroom/two-bath unit. The residences feature original hardwood flooring, decorative fireplaces, spacious foyers, abundant natural light, remodeled kitchens and bathrooms, upgraded fixtures and finishes, and private outdoor living areas, including a spacious deck and a Juliet balcony accessed through elegant French doors in the primary residence. The property also has a large storage space at the back of the property that could be converted to a legal unit via ADU conversion. Delivering a significant advantage to a new investor, the property has recently received historical clearance, providing greater certainty for future redevelopment planning. Poised to be delivered 100% vacant at the close of escrow, the property also offers immediate control of the site without tenancy challenges. Positioned just minutes from Downtown San Diego, Balboa Park, UC San Diego Medical Center, and the vibrant Hillcrest dining, retail, and entertainment corridor.

3560-64 Front St, Mission Hills

$3,329,000

8 Beds ⋅ 4 Baths ⋅ 260022191 MLS ⋅ ACTIVE Status

A newly renovated turn-key coastal Encinitas multifamily asset with recently constructed ADU additions, and strong in-place income in one of Southern California’s most supply-constrained rental markets. 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. Introducing 931–937 Regal Road, a rare opportunity to acquire a standout property on a nearly 10,000 SF 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. Units as follows: 3: 2 bed/1bath original residences and 1: 1 bed/1 bath ADU recently constructed. Plus additional adu. This is the Northerly half of mirror image courtyard development. The adjacent south multi unit mirror image property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled original 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.

931-937 Regal Rd, Encinitas

$3,329,000

7 Beds ⋅ 4 Baths ⋅ 260022180 MLS ⋅ ACTIVE Status ⋅ Nk BLDG.

A newly renovated turn-key coastal Encinitas multifamily asset with recently constructed ADU additions, and strong in-place income in one of Southern California’s most supply-constrained rental markets. 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. Introducing 921–927 Regal Road, a rare opportunity to acquire a standout property on a nearly 10,000 SF 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. Units as follows: 2: 2 bed/1bath original residences and 2: 1 bed/1 bath ADU’s recently constructed. Plus additional ADU. This is the Northerly half of mirror image courtyard development. The adjacent south multi unit mirror image property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled original 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. Located in one of North County San Diego’s most

921-927 Regal Rd, Encinitas

$949,900

3 Beds ⋅ 3 Baths ⋅ 260022142 MLS ⋅ ACTIVE Status

Beautiful well cared for 3-unit property with 3 one car garages and a set of Shovel Ready fully permitted plans for a 2-unit ADU that would go in between the back unit and the garage in the open space shown in the pictures. The plans are for a two-story property with a 1 bedroom 1 bath unit on the 2nd floor (533 Sq. Ft) accessible by an outside staircase, and a 2-bedroom, 1 bath unit on the 1st floor (656 Sq. Ft) Make this property a legal 5 unit and enjoy the extra rents without the hassle and expense (approximately 50,000 savings) of the planning and permitting process that the current seller already completed. Projected market rents are as follows 2,250 for the 1 Br unit and 2,750 for the 2 Br unit. That would add 60,000 to the GSI for a total potential yearly total rent of 128,000. The estimated cost of construction is 350K. SEE SUPPLEMENT!! 3881 and 3883 are both upgraded with new kitchen cabinets, quartz countertops, gas ranges, vinyl plank flooring, new bathrooms w/tile shower surrounds and pedestal sinks, new doors, crown molding and ceiling fans in LR’s and BR’s. All units have newer dual pane vinyl windows and the roofs are newer. 3885 is upgraded to a lesser extent (older kit and bath). All buildings have newer stucco and security screen doors at the front and back of each unit. All leases are month to month. The large 7000 Sq. Ft. lot is level and gated. There are nice shade trees in front and in the middle and there is a building off the alley with 3 one car garages with roll-up garage doors. There is a gate providing access to the lot from the alley and plenty of access to the proposed ADU's that can be built. This is a great income property in its own right, and with its 2-ADU plans, if built, becomes a fantastic investment.

3881-85 Logan Ave, Logan Heights

$1,500,000

5 Beds ⋅ 3 Baths ⋅ PT26177397 MLS ⋅ ACTIVE Status

Incredible investment &󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 multi-unit development opportunity! Situated on a massive 25,700 sqft RM-6000 lot, 1375 Naranca Ave combines instant cash flow with an expansive multi-unit plan. The property currently features two existing dwellings generating $4,800/mo ($3,000 main 3bd/2ba home + $1,800 Jr ADU 2bd/1ba) to easily offset carrying costs. Conceptual plans outline a high-density compound featuring proposed new builds: a 4bd/3ba unit, a 3bd/2ba unit, detached ADU 1, and potential detached ADU 2 garage conversion upside. In total, the multi-unit layouts provide a flexible 5-to-6 unit configuration scaling up to 1415 bedrooms. A rare turnkey development site with exceptional income and scale potential. Incredible investment & multi-unit development opportunity! Situated on a massive 25,700 sqft RM-6000 lot, 1375 Naranca Ave combines instant cash flow with an expansive multi-unit plan. The property currently features two existing dwellings generating $4,800/mo ($3,000 main 3bd/2ba home + $1,800 Jr ADU 2bd/1ba) to easily offset carrying costs. Conceptual plans outline a high-density compound featuring proposed new builds: a 4bd/3ba unit, a 3bd/2ba unit, detached ADU 1, and potential detached ADU 2 garage conversion upside. In total, the multi-unit layouts provide a flexible 5-to-6 unit configuration scaling up to 1415 bedrooms. A rare turnkey development site with exceptional income and scale potential.

1375 Naranca Ave, El Cajon

$1,695,000

15 Beds ⋅ 10 Baths ⋅ 260022112 MLS ⋅ ACTIVE Status

Pleased to present 4073 Chamoune Avenue, a well-maintained 5-unit multifamily investment opportunity located in San Diego’s established City Heights neighborhood. Built in 1988, the property consists of five 3-bedroom, 2-bathroom units, totaling 15 bedrooms and 10 bathrooms. The property offers seven enclosed garage parking spaces plus one additional uncovered space, providing a strong parking ratio for the asset. Additional features include alley access, electronic security gates, and an onsite laundry facility.

4073 Chamoune Ave, East San Diego

$1,575,000

3 Beds ⋅ 2 Baths ⋅ 260022086 MLS ⋅ ACTIVE Status ⋅ Morley Field BLDG.

Opportunity knocks in one of North Park’s most desirable pockets near Morley Field! 3578–80 Louisiana Street offers two detached residences combining classic Craftsman character with flexible living and income potential. Privacy by design. The attractive fence separates the front home's outdoor area from the rear residence.The charming front 2BD/1BA Craftsman (1011sf) showcases beautiful period-style millwork and architectural details, including substantial moldings, box-beam detailing, paneled wainscoting, hardwood floors, and abundant natural light. The spacious, light-filled kitchen features plentiful cabinetry, generous counter space, a breakfast bar, and easy access to the outdoor patio/deck. With a strong history as a successful Airbnb, the front residence offers both character and proven rental appeal. The rear 1BD/1BA residence (484sf) is ideal for extended family, guests, additional rental income, or a live-in-one, rent-the-other lifestyle. A fence separates the residences, providing privacy and separation between the homes. Both residences feature in-unit laundry, along with driveway parking and inviting outdoor space. Just blocks from Morley Field and Balboa Park and close to North Park’s restaurants, coffee shops, shopping, and neighborhood favorites. Two separate homes, wonderful architectural character, and multiple possibilities in a location that’s hard to beat.

3578-80 Louisiana St, North Park

$1,449,000

3 Beds ⋅ 2 Baths ⋅ 260022053 MLS ⋅ ACTIVE Status

5% cap rate! Just one-half block from the beach and directly across from Ocean Beach Dog Beach, 5157-59 Muir Avenue presents a rare opportunity to own a versatile coastal duplex in one of San Diego’s most iconic neighborhoods. Whether you're seeking a strong rental asset, an owner-occupied property with income from the second unit, or a future development opportunity, this property offers multiple paths to maximize its value. Positioned on an RM-2-4 zoned lot, the property offers the potential to build up and capture sweeping Pacific Ocean views, creating the opportunity for an exceptional ocean-view coastal retreat. The existing two-unit configuration provides immediate flexibility and long-term upside for the savvy buyer. The front 1 bedroom, 1 bath cottage is currently operating as a sought-after vacation rental and features a modern kitchen, quartz countertops, stainless appliances, mini-split AC, built-in bedroom storage, and approximately 375 SF of additional front patio space for entertaining, dining al fresco, or an outdoor garden. The rear 2 bedroom, 1 bath residence features an updated kitchen, spacious backyard, and a private view deck with approximately 250 SF outdoor entertaining space and beautiful ocean views. Adding even more value are 3 dedicated parking spaces directly in front of the property, and laundry, a rare convenience in Ocean Beach. From the sand and surf to Newport Avenue’s eclectic shops, restaurants and bars, Voltaire Street, and the beloved Ocean Beach farmers market, the location puts the best of the neighborhood right outside your door.

5157-59 Muir Ave, Ocean Beach (OB)

$7,700,000

28 Beds ⋅ 20 Baths ⋅ 260022050 MLS ⋅ ACTIVE Status

**18 Units - Prime Coastal San Diego Location - Ocean Beach** Value-Add Opportunity, Over 20% Upside in Rental Income • Strong Unit Mix: (2) 2Bdrm/2Bath, (8) 2Bdrm/1Bath & (8) 1Bdrm/1Bath • Extremely Well Maintained, Low Maintenance Asset • Fully Gated Community w/ Secure Access • Large Common Area Courtyard & Onsite Laundry • Ample Onsite Parking (18) Spaces • Excellent Walkability to Shops, Dining and Nightlife (WalkScore of 81) • Convenient Access to Newport Ave, Ocean Beach Pier

4649 Voltaire St, Ocean Beach (OB)

$2,495,000

12 Beds ⋅ 10 Baths ⋅ PTP2606822 MLS ⋅ ACTIVE Status

Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package. Rare opportunity to acquire TWO adjacent SFR + ADU properties, built in 2024 and offered together as a four-unit investment package. Each property is situated on its own separate parcel with an individual APN and features an approximately 2,500 SF 5-bedroom, 4-bath main residence plus an approximately 450 SF 1-bedroom, 1-bath ADU with a separate address. All four residences feature newer construction, modern finishes and in-unit laundry. Current scheduled gross income is approximately $13,900 per month with potential rental upside. The two-parcel configuration provides exceptional long-term flexibility. An investor can retain the entire four-unit portfolio while preserving the advantages of owning two separately parceled SFR + ADU properties. A unique opportunity combining newer construction, four rental income streams, strong current income and future flexibility. Each property also features an OWNED, PAID-OFF SOLAR SYSTEM with no solar lease or loan to assume. APN 579-364-23-00: 1236 Buena Vista Ave (main residence) & 1238 Buena Vista Ave (ADU). APN 579-364-22-00: 1304 Buena Vista Ave (main residence) & 1302 Buena Vista Ave (ADU). Both parcels are being offered together as one package.

1304 Buena Vista Ave, Spring Valley

$1,299,999

5 Beds ⋅ 4 Baths ⋅ PTP2606808 MLS ⋅ ACTIVE Status

This is not󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 your average new construction. This is an extraordinary opportunity to own three residences in one incredible property! Welcome to 1835 Rios Avenue, a brand-new, thoughtfully designed three-unit property offering approximately 2,557 square feet of modern living space and remarkable income potential. The spacious main residence features 3 bedrooms and 2.5 bathrooms, accompanied by two attached 1-bedroom, 1-bathroom units. Creating endless possibilities to live, rent, invest, or do all three! Every residence is beautifully finished with crisp white shaker cabinetry, elegant quartz countertops, durable luxury vinyl plank flooring, double-pane windows, and energy-efficient central air conditioning. Enjoy mountain views, front and rear outdoor spaces, driveway parking, and quick access to both I-5 and I-805. With no HOA and no Mello-Roos, this property delivers the space, flexibility, and long-term potential buyers dream about. Three residences. One phenomenal opportunity. The possibilities are truly unmatched! This is not your average new construction. This is an extraordinary opportunity to own three residences in one incredible property! Welcome to 1835 Rios Avenue, a brand-new, thoughtfully designed three-unit property offering approximately 2,557 square feet of modern living space and remarkable income potential. The spacious main residence features 3 bedrooms and 2.5 bathrooms, accompanied by two attached 1-bedroom, 1-bathroom units. Creating endless possibilities to live, rent, invest, or do all three! Every residence is beautifully finished with crisp white shaker cabinetry, elegant quartz countertops, durable luxury vinyl plank flooring, double-pane windows, and energy-efficient central air conditioning. Enjoy mountain views, front and rear outdoor spaces, driveway parking, and quick access to both I-5 and I-805. With no HOA and no Mello-Roos, this property delivers the space, flexibility, and long-term potential buyers dream about. Three residences. One phenomenal opportunity. The possibilities are truly unmatched!

1835 Rios Ave, Chula Vista

$999,999

4 Beds ⋅ 3 Baths ⋅ PTP2606806 MLS ⋅ ACTIVE Status

Here is the one buyers and investors have been waiting for! Welcome to 1839 Rios Avenue. An exceptional two-residence property offering incredible versatility, modern upgrades, and exciting future potential. The completely remodeled single-story main home features 3 bedrooms and 2 bathrooms, while the newly built detached structure includes an impressive 2-car garage with a private 1-bedroom, 1-bathroom ADU above. Both residences offer their own laundry areas, stylish vinyl flooring, air conditioning, and thoughtfully designed living spaces. Situated on an expansive approximately 8,380-square-foot lot, the property also boasts a huge driveway, abundant off-street parking, low-maintenance grounds, mountain views, and convenient access to I-5 and I-805. Even more exciting, the detached garage may offer the potential for conversion into a third unit, subject to city approval and buyer verification. Live in one and rent the other, create additional income, or expand the propertys possibilities. With no HOA and no Mello-Roos, this is more than a home. It is a rare opportunity with enormous potential! Here is the one buyers and investors have been waiting for! Welcome to 1839 Rios Avenue. An exceptional two-residence property offering incredible versatility, modern upgrades, and exciting future potential. The completely remodeled single-story main home features 3 bedrooms and 2 bathrooms, while the newly built detached structure includes an impressive 2-car garage with a private 1-bedroom, 1-bathroom ADU above. Both residences offer their own laundry areas, stylish vinyl flooring, air conditioning, and thoughtfully designed living spaces. Situated on an expansive approximately 8,380-square-foot lot, the property also boasts a huge driveway, abundant off-street parking, low-maintenance grounds, mountain views, and convenient access to I-5 and I-805. Even more exciting, the detached garage may offer the potential for conversion into a third unit, subject to city approval and buyer verification. Live in one and rent the other, create additional income, or expand the propertys possibilities. With no HOA and no Mello-Roos, this is more than a home. It is a rare opportunity with enormous potential!

1839 Rios Ave, Chula Vista

$1,028,000

4 Beds ⋅ 2 Baths ⋅ 260021874 MLS ⋅ ACTIVE Status

DUPLEX OPPORTUNITY + ADDITIONAL 400SQFT DETACHED STRUCTURE. NEM2.0 SOLAR • NEWER ROOF • EXTENSIVE RENO AND INTERIOR/EXTERIOR IMPROVEMENTS. Not every duplex feels like somewhere you'd actually want to live. This thoughtfully updated, single-story La Mesa duplex sits on a corner 8,253-sqft lot - TWO separate 2-bedroom, 1-bath homes that are ~800 sqft each. Also included is a detached and oversized 2 car garage structure offering ADU and other possibilities! 4994 is completely turnkey with tasteful and modern finishes which can be delivered fully furnished. While in 4992, a long-term tenant of approximately 20 years would like to stay and currently pays market rent. Inside the owner-occupied main home, the upgrades are intentional with functionality and minimalism in mind. Large, brand new windows fills the space with light and frame the surrounding greenery, while two spacious bedrooms provide flexibility for sleeping, guests or a dedicated home office. Investment went well beyond the visible finishes and address much of the unglamorous work that often comes with owning an income property; New wood fencing throughout, roofing, NEM 2.0 solar + EV charging, exterior paint/stucco, fencing, hardscape, landscaping, lighting, 360º camera security, thorough plumbing and electrical updates, split AC units in every room and more! You can also enjoy a private driveway and generous 4+ car off-street parking that belongs to the property, a thoughtfully designed, low-maintenance xeriscaping and complete privacy. Equity play!

4992-4994 Comanche Dr, La Mesa

7180-82 Mohawk St, Talmadge/San Diego Central

$1,050,000

4 Beds ⋅ 2 Baths ⋅ 260021859 MLS ⋅ ACTIVE Status ⋅ 2 On 1 BLDG.

MOVE IN READY! LIVE IN ONE UNIT, RENT OUT THE OTHER! Don't miss this incredible investment opportunity featuring two homes on one lot! The beautifully remodeled front home is move-in ready and showcases modern finishes throughout, including new luxury vinyl plank flooring, stylish white shaker cabinets, stunning Calcutta quartz countertops, brand-new stainless steel appliances, contemporary lighting, and energy-efficient vinyl windows. The inviting living room features a custom tiled fireplace, while the beautifully updated bathroom boasts custom tile work for a luxurious feel. Fresh interior and exterior paint complete the home's clean, modern look. Enjoy the privacy of a fully fenced yard, perfect for entertaining, pets, or relaxing outdoors. The rear home is currently rented, providing immediate rental income to help offset your mortgage or enhance your investment returns. Whether you're looking to owner-occupy while generating passive income, add to your investment portfolio, or accommodate multigenerational living, this versatile property offers endless possibilities. A rare opportunity to own a turnkey property with built-in income potential! *some pics have virtual staging*

7180-82 Mohawk St, Talmadge/San Diego Central

$2,200,000

4 Beds ⋅ 4 Baths ⋅ PTP2606767 MLS ⋅ ACTIVE Status

8-Unit Value-Add Opportunity in San Diego's City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego's oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it's one of the city's most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away. 8-Unit Value-Add Opportunity in San Diego's City Heights. All eight units are 1-bedroom/1-bathroom with a dedicated parking space and on-site laundry. Current rents are below market rates. Recent capital improvements include a full move-out renovation on Unit 3 (paint, cabinets, new locks, medicine cabinet, faucet), new stoves in Units 5, 8, and 9. Recent capital improvements also include a new water heater and gas valve (10/2024), a new kitchen sink in Unit 1, and new blinds, screens, and a vent hood in Unit 8. Property-wide, a completed SB721 inspection report and new rear fencing (02/2026) add peace of mind for the next owner. City Heights is one of San Diego's oldest and most storied neighborhoods, platted in the 1880s and briefly its own incorporated city East San Diego from 1912 to 1923 before merging back into San Diego. Today it's one of the city's most walkable and diverse communities, with strong, consistent rental demand. The property sits directly across Fairmount Ave from Azalea Park, and is close to schools, shopping, and dining. Quick access to both the I-805 and SR-15 freeways puts Balboa Park about 10 minutes away and SDSU about 15 minutes away.

3018 44th St, East San Diego

$8,995,000

5 Beds ⋅ 5 Baths ⋅ PTP2606755 MLS ⋅ ACTIVE Status

$500k Price Reduction for a quick sale! 330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The asset currently generates $667,819 in Gross Scheduled Income and $446,186 in NOI, yielding a 4.96% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $475,327, producing a 5.28% pro forma cap rate. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint w $500k Price Reduction for a quick sale! 330 S Horne St, Oceanside presents a designer-grade renovated, 21-unit coastal multifamily asset offering immediate cash flow, a diverse unit mix, and a differentiated resident experience. The property combines thoughtfully designed interior finishes tailored to Coastal Southern California with strategic enhancements including private yards, rear patios, balconies, select ocean-view residences, garages, in-unit laundry in select units, and coastal-oriented community amenities. The asset currently generates $667,819 in Gross Scheduled Income and $446,186 in NOI, yielding a 4.96% in-place cap rate. At full market operations, Gross Scheduled Income is projected at $699,113 and NOI at $475,327, producing a 5.28% pro forma cap rate. The property consists of (1) Studio, (13) 1 Bed / 1 Bath, (1) 2 Bed / 1 Bath, and (6) 2 Bed / 2 Bath residences. Select residences feature private front yards or rear patios, while upper units include balconies and ocean views. 11 of the 21 units have in-unit washer/dryers, with an owner-owned community laundry room retained for the balance of the property. Ownership completed a comprehensive renovation designed to position the property above traditional rental-grade product. Interiors feature Coastal Southern California tailored color schemes and finishes including quartz countertops, pastel tile backsplashes, stainless appliances, Terracotta Spanish style tile bathroom floors, tile wall shower & tub enclosures, and natural oak style vinyl flooring. Exterior improvements include a full re-texture and repaint with Baja California inspired color palettes, dual pane windows, drought resistant and low maintenance California desert scape courtyard landscaping with irrigation, updated exterior fixtures and suite numbers, and hand painted building murals. Resident amenities include a surf shower, secure electric bike parking, and a common-area grill with outdoor shaded seating. Major infrastructure improvements include a main electrical service upgrade from 200A to 400A in 2023 with replacement of all unit subpanels, the sewer main lateral was descaled with an epoxy liner installed in 2014, replacement of the main hot-water line serving the property in 2025, and replacement of the property water heater in 2025. SB 721-deck inspections were also completed.

330 S Horne St, Oceanside

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