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

5 Beds ⋅ 4 Baths ⋅ PTP2605619 MLS ⋅ ACTIVE Status

Excellent four-unit investment opportunity in National City. Great opportunity for investors or owner-occupants. Conveniently located near shopping, schools, public transportation, and freeway access. Property is being sold as a legal four-unit property. An additional nonconforming space currently generates rental income but is not included in the legal unit count. Buyer and Buyer's Agent to independently verify all information, including but not limited to rents, income, expenses, operating history, cap rate, square footage, permits, zoning, legal use, and all other property details prior to the close of escrow. Information is deemed reliable but not guaranteed. Excellent four-unit investment opportunity in National City. Great opportunity for investors or owner-occupants. Conveniently located near shopping, schools, public transportation, and freeway access. Property is being sold as a legal four-unit property. An additional nonconforming space currently generates rental income but is not included in the legal unit count. Buyer and Buyer's Agent to independently verify all information, including but not limited to rents, income, expenses, operating history, cap rate, square footage, permits, zoning, legal use, and all other property details prior to the close of escrow. Information is deemed reliable but not guaranteed.

2774-80 Vista Way, National City

$1,795,000

7 Beds ⋅ 3 Baths ⋅ 260018195 MLS ⋅ ACTIVE Status ⋅ Elm St BLDG.

Enduring Real Estate is pleased to present this turnkey short-term rental investment opportunity in San Diego’s South Park neighborhood. 1747-1749 Fern St is a unique two-house offering situated on a single 6,406 SF parcel. The unit mix consists of (1) detached single-family home at 1747 Fern St (4 Bedroom, 2 Bath) and (1) detached single-family home at 1749 Fern St (3 Bedroom, 2 Bath). Both homes are permitted for short-term rental use and are currently operating as income-producing Airbnb properties, offering a new owner immediate cash flow from day one

1747-1749 Fern, Golden Hill

$10,200,000

74 Beds ⋅ 37 Baths ⋅ 260018174 MLS ⋅ ACTIVE Status

We are pleased to present Villa Park, a 37-unit multifamily community located at 345 E. Park Avenue in Escondido, California. Built in 1977, the two-story property features an attractive unit mix comprised entirely of two-bedroom, one-bathroom apartment homes, offering residents spacious layouts within an established residential setting. Villa Park provides a comfortable living environment enhanced by a variety of desirable community amenities. Residents enjoy private balconies, convenient off-street parking, laundry facilities and a private pool area. Situated in the heart of Escondido, the property benefits from proximity to downtown amenities, local retail, dining destinations, schools, parks, and major transportation corridors. Its central location provides residents with convenient access to employment centers throughout North County while maintaining the neighborhood feel that continues to attract renters to the area. Villa Park represents the opportunity to acquire a sizeable and stabilized multifamily asset in a growing Southern California submarket. The property's combination of functional apartment layouts, resident-focused amenities, and accessible location positions it to benefit from continued tenant demand.

345 E Park Ave, Escondido

$1,320,000

8 Beds ⋅ 4 Baths ⋅ 260018144 MLS ⋅ ACTIVE Status ⋅ 4165-71 Epsilon St BLDG.

4 homes on 1 lot! All 2-bedroom, 1-bath units, 784sqft each, offering assigned parking, in-unit laundry, and private patio space. 100% occupied — day-one cash flow, no lease-up risk. All tenant leases are month-to-month. Low-maintenance ownership potential. Exceptional multifamily investment opportunity in San Diego’s Logan Heights neighborhood with rents at $98k annually. Recent capital improvements include updated electrical systems, newer dual-pane windows, and fresh exterior paint. With upside potential through future rent increases to market rates, this value-add San Diego income property presents an outstanding opportunity for investors seeking long-term appreciation and consistent returns in a high-demand rental market less than 3 mile to SD Naval Base Downtown.

4165-71 Epsilon St, Logan Heights

$1,674,900

3 Beds ⋅ 3 Baths ⋅ 260018142 MLS ⋅ ACTIVE Status ⋅ Na BLDG.

Rarely available South Mission Hills Craftsman featuring three separate residences: a studio with floor-to-ceiling windows and unobstructed canyon views toward Bankers Hill and downtown, a spacious one-bedroom/one-bath, and a front two-bedroom/one-bath with peek views of the bay, downtown, Point Loma, and the airport. All units are privately entranced. Original period lighting, sconces, preserved woodwork, vintage bathrooms, covered porch with oversized timber beams, and masonry walls elevate the property from the street. Sensitive improvements, including historically appropriate replacement windows installed through the Quieter Home Program. A rare amenity in South Mission Hills, the property offers six on-site parking spaces (including two one-car garages) plus additional storage beneath the home. The three-unit configuration offers flexibility for owner occupancy, multigenerational living, or investment. Buyers to verify zoning, rental regulations, licensing requirements, intended uses, and potential Mills Act eligibility.Minutes to downtown, Little Italy, Balboa Park, the waterfront, dining, shopping, and major transportation.

2805 State St, Mission Hills

$1,150,000

5 Beds ⋅ 4 Baths ⋅ 260018133 MLS ⋅ ACTIVE Status

Discover the potential of 9095–97 Fitzgerald, a well-positioned duplex offering an outstanding opportunity for investors, owner-occupants, or those looking to build long-term wealth through real estate. This versatile property features two separate units, providing the flexibility to live in one and rent the other, or maximize cash flow by leasing both units. Whether you're expanding your investment portfolio or purchasing your first income-producing property, this duplex offers endless possibilities. Features include nicely equipped kitchens with new cabinets, full baths recently remodeled, separate meters, private backyards and laundry hookups. All new blinds, ceiling fans and carpet in the bedrooms. New HVAC system installed just a few years ago. Both living spaces have nice tiled floors throughout. Each unit has 2 parking spaces side by side. Convenient access to shopping, dining, schools, parks, and major transportation routes.

9095-97 Fitzgerald Way, Spring Valley

$1,278,800

5 Beds ⋅ 3 Baths ⋅ 260018115 MLS ⋅ ACTIVE Status ⋅ El Cerrito BLDG.

Turn-key three-unit property located in the quaint neighborhood of El Cerrito, and a 5-minute drive from San Diego State University. Thoughtfully curated and customized, with all units living like detached homes, including private entrances, fully fenced exclusive-use yards and patios, drought-tolerant landscaping, and upgrades throughout. Whether you’re an investor looking for a stable long-term rental, seeking additional add-value opportunities, or looking for flexibility for owner-occupied/future family needs, this property has it all! Unit mix includes: (2) two-bed / 1-bath units, (1) one-bed / one-bath unit. If you're tired of looking at tear-downs, overpriced offerings, and below-market rent rolls, Trojan Ave is your ticket!

5988 Trojan Ave, Talmadge/San Diego Central

$1,799,999

4 Beds ⋅ 5 Baths ⋅ 260018104 MLS ⋅ ACTIVE Status ⋅ 1265 Lincoln Ave BLDG.

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

1265-67 Lincoln Ave, Mission Hills

$5,999,000

7 Beds ⋅ 21 Baths ⋅ 260018101 MLS ⋅ ACTIVE Status

Turnkey, well maintained 21 unit multi-family located in highly desirable Old Town/Mission Hills. AirBnB Friendly Completely rebuilt/repurposed/remodeled in 2017/2018, AB 1482 exempt Walkable neighborhood, walk to restaurants, bars, shops, and Old Town train station (Amtrak, Coaster, SD Trolley, etc.) Owned laundry with Bluetooth technology Energy efficient upgrades throughout Agent has ownership interest

2188 San Diego Ave, Old Town

$1,575,000

7 Beds ⋅ 4 Baths ⋅ 260017740 MLS ⋅ ACTIVE Status ⋅ Na BLDG.

1990 Harrison Ave offers a rare opportunity to acquire a newly constructed and remodeled 4-unit property in San Diego’s 92113 market. The property features two newly constructed 2-bedroom / 1-bath units, each approximately 750 square feet and currently rented for $2,900 per month. The property also includes a detached, extensively remodeled, 2-bedroom “SFR-style” unit of approximately 1,150 square feet with in-unit laundry, currently vacant, offering immediate flexibility for an owner-user, market-rate tenant, or lease-up opportunity. An additional vacant 1-bedroom loft unit of approximately 350 square feet further enhances the property’s income potential and tenant profile. Rooftop decks, porches, views, high end upgrades, new construction, strong gross scheduled income, limited future cap ex, and convenient downtown location, this 4 unit property checks all the boxes.

1990 Harrison Ave, Logan Heights

$3,475,000

26 Beds ⋅ 26 Baths ⋅ 260018064 MLS ⋅ ACTIVE Status

We are pleased to present the “Solara Apartments,” a 13-unitmultifamily community located in Fallbrook, CA. Located at725 Alturas Lane, the property offers investors the opportunity to acquire a well-positioned asset in a growing North San Diego County submarket known for its relative affordability and strong rental demand. Built in 1988, the property is comprised entirely of thirteen (13)two-bedroom/two-bathroom residences averaging approximately 927 square feet. Each unit has been extensively remodeled and features upgraded bathrooms, stainless steel appliances, and quartz kitchen countertops with black, grey, and white backsplash tile. The property amenities also include air conditioners, off-street parking, on-site laundry facilities, pet area, and a BBQ and shared patio area. Situated on a 0.57-acre lot, the property benefits from a low-density setting with a residential feel. Residents enjoy convenient access to local retail, schools, and employment centers, along with regional connectivity to Oceanside, Temecula, and greater San Diego County. With its desirable unit composition, strong in-place income, and favorable submarket fundamentals, the “Solara Apartments” represents a compelling opportunity to acquire a stable, income-producing asset with long-term upside potential.

725 Alturas Ln, Fallbrook

$3,645,000

2 Beds ⋅ 2 Baths ⋅ OC26160522 MLS ⋅ ACTIVE Status

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

331 Washington, Escondido

$2,500,000

7 Beds ⋅ 3 Baths ⋅ 260017941 MLS ⋅ ACTIVE Status ⋅ No BLDG.

1460 Grand Avenue presents a rare multifamily investment and development opportunity in the heart of Pacific Beach. The property consists of three renovated residential units and includes plans in final review for the construction of six additional studio units, creating the potential for a nine-unit asset upon completion. The existing improvements include a two-bedroom house, an additional two-bedroom unit, and a three-bedroom unit, providing immediate rental income while minimizing near-term capital expenditures. Investors can continue generating cash flow during construction of the proposed six studio units, offering an attractive combination of current income and future upside. Ideally located approximately four blocks from Mission Bay and seven blocks from the Pacific Ocean, the property is within walking distance of Pacific Beach's restaurants, cafés, shopping, nightlife, and recreational amenities. With driveway and alley access, on-site parking potential, and plans that include private balconies with potential bay and ocean views, 1460 Grand Avenue offers a compelling opportunity to acquire an income-producing coastal asset with significant long-term development potential.

1460-64 Grand Ave, Pacific Beach/Mission Beach

$2,300,000

4 Beds ⋅ 2 Baths ⋅ 260017923 MLS ⋅ ACTIVE Status ⋅ Sdsu BLDG.

Value-add duplex in San Diego's College Area near SDSU, offering a 3BD/1BA unit and a 1BD/1BA unit, ideal for an investor or owner-occupant seeking rental upside. Also available for purchase together with adjacent parcels at 5005 & 5011 63rd Street as a ±33,400 SF assemblage (3 APNs). Zoned RM-2-5, within SDA and TPA overlays, qualifying for CCHS Tier 3 (up to 6.5 FAR). Combined assemblage currently includes 7 existing residential units generating in-place income, with no development plans currently on file, covered land with redevelopment potential. Located minutes from SDSU, transit, shopping, and freeway access, in a submarket with active nearby multifamily and student housing development. Buyer to verify all zoning, entitlement, and development potential with the City of San Diego.

5023 63rd, Talmadge/San Diego Central

$5,700,000

22 Beds ⋅ 22 Baths ⋅ 260017842 MLS ⋅ ACTIVE Status

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

2428 Highland Ave, National City

$1,100,000

7 Beds ⋅ 5 Baths ⋅ 260017797 MLS ⋅ ACTIVE Status

Prime investment opportunity just 5 minutes from SDSU! Rare triplex-style property with three income-producing residences on one lot: two 3-bed, 2-bath units plus an attached studio. One unit was renovated three years ago. Strong parking with two single-car garages, six front spaces, and four rear alley spaces. Bonus monthly billboard income, separate gas and electric meters, fenced yard, and walkable location near shopping and the Joan Kroc Center. Ideal rental asset! Excellent cash flow and upside now.! Buyers & Buyers agent to verify all herein prior to submitting an offer!

6430 University Ave, Talmadge/San Diego Central

$1,795,000

7 Beds ⋅ 5 Baths ⋅ 260017780 MLS ⋅ ACTIVE Status

3974 Florida St, North Park

$2,715,000

11 Beds ⋅ 6 Baths ⋅ 260017745 MLS ⋅ ACTIVE Status

We are pleased to present “Atlas 6 on Nye” a newly completed six-unit multifamily community located in the highly accessible Linda Vista neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego’s most strategically positioned submarkets. Completed in 2026, Atlas 6 on Nye consists of one (1) one-bedroom/one-bathroom unit and five (5) two-bedroom/one-bathroom units ranging from approximately 471 to 770 square feet. Four of the units were newly constructed in 2026 to complement the extensive renovations on the existing two units. Each unit features a thoughtfully designed layout to maximize living space and functionality for today’s urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood providing ample street parking available for all tenants. Centrally located just minutes from the University of San Diego (USD), Mission Valley, the Morena Corridor, and major transportation routes (I-5 & I-8), “Atlas 6 on Nye” benefits from excellent connectivity and tenant accessibility. The property is ideally suited for students

2722 Nye St, Linda Vista

$1,349,000

PTP2605470 MLS ⋅ ACTIVE Status

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

1877 Donax Ave, Otay Mesa

$3,395,000

13 Beds ⋅ 8 Baths ⋅ 260017683 MLS ⋅ ACTIVE Status

Pleased to present Avalon By-The-Sea, an 8-unit multifamily investment opportunity located in the heart of Downtown Oceanside’s Townsite neighborhood. Situated on a 7,152 SF parcel and improved with a 6,028 SF two-story apartment building, the property features a balanced mix of 5 two-bedroom units and 3 one-bedroom units. Well-maintained interiors and a master-metered utility system with partial RUBS reimbursement already in place provide investors with an attractive combination of stable in-place income and operational upside. Four highly desirable two-car garages offer the residents off street parking and could also provide a new a new owner with a value add opportunity by converting some or all of the garages to ADUs. Residences feature luxury vinyl plank flooring, upgraded appliances with dishwashers, vinyl windows, forced-air heating, and dual-sink vanities in the two-bedroom units. Additional amenities include a community laundry room with seller owned equipment and a master-metered utility system with an already implemented RUBS program for utility cost recovery. The property also benefits from four two-car garages, a highly sought-after amenity in a coastal neighborhood where off-street parking remains limited.

123 S Nevada, Oceanside

$1,325,000

6 Beds ⋅ 4 Baths ⋅ PTP2605449 MLS ⋅ ACTIVE Status

Exceptional Investment Opportunity in City Heights. This well-maintained four-unit offers immediate cashflow and future upside. The property features a 2-bed/1-bath front house along with two 2-bed/1-baths and a studio. 3 of 4 units are tenant occupied. Ample on-site parking adds convenience for tenants. Easy access to freeways and public transportation. This property is great for your investment portfolio or multi-generational living. Exceptional Investment Opportunity in City Heights. This well-maintained four-unit offers immediate cashflow and future upside. The property features a 2-bed/1-bath front house along with two 2-bed/1-baths and a studio. 3 of 4 units are tenant occupied. Ample on-site parking adds convenience for tenants. Easy access to freeways and public transportation. This property is great for your investment portfolio or multi-generational living.

3827 Winona Ave, East San Diego

$895,000

4 Beds ⋅ 2 Baths ⋅ PW26152799 MLS ⋅ ACTIVE Status

Rare Opportunity Awaits! This Vista duplex offers a strong opportunity for investors or those seeking multi-unit rental income. Each of the two 2-bedroom, 1-bathroom units features private patios and sits on a generous 8,500 sq ft corner lot. Conveniently located near downtown Vista and major shopping centers along S. Santa Fe Ave, with easy freeway access in under 5 minutes. This spacious lot gives you the opportunity to add an additional ADU for extra rental income or completely reimagine the property into something greater. Take advantage of the extra space like the neighbors have! Don't miss this income-generating opportunity in a growing market Rare Opportunity Awaits! This Vista duplex offers a strong opportunity for investors or those seeking multi-unit rental income. Each of the two 2-bedroom, 1-bathroom units features private patios and sits on a generous 8,500 sq ft corner lot. Conveniently located near downtown Vista and major shopping centers along S. Santa Fe Ave, with easy freeway access in under 5 minutes. This spacious lot gives you the opportunity to add an additional ADU for extra rental income or completely reimagine the property into something greater. Take advantage of the extra space like the neighbors have! Don't miss this income-generating opportunity in a growing market

159-161 Walker Way, Vista

$1,900,000

7 Beds ⋅ 5 Baths ⋅ 260017640 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Resubmit all offers... An exquisite turnkey 3-unit property consisting of a 2-story craftsman-style duplex with a standalone rear 3rd unit in the heart of vibrant University Heights, walkable to restaurants, shops & Trolley Park... Fully renovated upon the seller's acquisition, including refinished wood flooring, new kitchens & baths, restored gum wood detailed in soft white, and a new stackable high-end full-sized washer/dryer for the front duplex units and a garage space for laundry to accommodate the rear 3rd unit. Recently re-landscaped front & back yard with a pavered patio for all to share. Each unit has its own balcony, front porch, or rear yard for intimate gatherings with family & friends. 2 car individual garages off the alley, 3rd half-sized garage as laundry for the rear unit and 2 car parking spaces off the alley directly next to the garage structure. Ready for an investor, buyer to occupy the rear unit with tenants for the front 2 units in this centrally located trendy area.

4454-4460 Campus Ave, Normal Heights

$1,495,000

4 Beds ⋅ 2 Baths ⋅ 260017639 MLS ⋅ ACTIVE Status ⋅ Golden Hill BLDG.

A rare opportunity to own a character-filled 1906 Spanish duplex in one of Golden Hill's most desirable neighborhoods. Brimming with timeless charm, both residences offer unique appeal, making this an exceptional opportunity for investors, owner-occupants, or those seeking multigenerational living. 846 1/2 has been thoughtfully remodeled while preserving its classic character. The home features a beautifully updated kitchen, a stunning designer bathroom, rich hardwood floors, air conditioning, and a cozy gas fireplace that creates a warm and inviting living space. 846 showcases the charm of a bygone era, retaining many of its original architectural details and authentic character. With its vintage appeal and welcoming atmosphere, it offers endless possibilities for those who appreciate historic homes or wish to add their own personal touches over time. Set on a generous lot in the heart of Golden Hill, this property is just minutes from South Park, Downtown San Diego, Balboa Park, restaurants, coffee shops, and major freeways. Whether you're looking to generate rental income, live in one unit while renting the other, or invest in one of San Diego's most vibrant neighborhoods, this duplex offers the perfect blend of character, location, and opportunity.

846 846 1/2 22nd St, Golden Hill

$1,400,000

6 Beds ⋅ 6 Baths ⋅ 260017617 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

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

4136 Cherokee, North Park

$3,825,000

18 Beds ⋅ 14 Baths ⋅ 260017594 MLS ⋅ ACTIVE Status

Newer-construction 10-unit multifamily community located at 4781–4787 Cereza Street and 5024 Imperial Avenue in San Diego. Completed between 2023 and 2025, the property includes two one-bedroom/one-bath units, four two-bedroom/one-bath units, and four two-bedroom/two-bath units. The approximately 8,380-square-foot building sits on a 10,085-square-foot lot and offers modern residences with limited near-term capital requirements. Conveniently located near public transportation, shopping, schools, and major freeways.

4781-4787 Cereza St, Golden Hill

$2,600,000

7 Beds ⋅ 6 Baths ⋅ 260017544 MLS ⋅ ACTIVE Status

6% CAP Rate We are pleased to present 430 47th Street, a newly constructed seven-unit multifamily investment opportunity located in San Diego's Chollas View neighborhood. This turnkey property combines the charm of a beautifully remodeled front home with the efficiency and low-maintenance benefits of six newly constructed one-bedroom residences, making it an ideal addition to any investment portfolio. Designed to appeal to today's renters, each unit features modern finishes including quartz stone countertops, stainless steel appliances, in-unit laundry, luxury vinyl plank flooring, and efficient floor plans. Several of the units also offer private side yards, providing desirable outdoor living space that is uncommon in similar apartment communities. One of the property's most valuable features is its eight off-street parking spaces. Parking is increasingly difficult to find in many newer multifamily developments throughout San Diego, making this a significant competitive advantage that enhances tenant satisfaction and helps minimize turnover. Located in an area experiencing continued investment and redevelopment, 430 47th Street offers investors the rare opportunity to acquire a newly built, low-maintenance asset with modern amenities, strong tenant appeal, and long-term income potential.

430 47th St, Golden Hill

$1,650,000

5 Beds ⋅ 5 Baths ⋅ 260017545 MLS ⋅ ACTIVE Status ⋅ 3940 BLDG.

A rare opportunity in one of San Diego's hottest redevelopment corridors. This 3-unit property delivers strong cash flow today with an attractive value-add upside on rents.Versatile unit sizing offers a flexible canvas for repositioning or redevelopment. The property also features ample exterior parking for 8 cars, a rare and valuable amenity in this submarket.Situated on the edge of Point Loma, this location puts you minutes from Mission Beach, Ocean Beach, and Point Loma proper, with the vibrant Midway District just a short walk away. Whether you're looking to capture immediate cash flow, push rents to market, or plan for future redevelopment, this property checks every

3938-42 La Salle St, Old Town

$8,950,000

66 Beds ⋅ 54 Baths ⋅ 260017481 MLS ⋅ ACTIVE Status

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

307 Sycamore, San Ysidro

$739,000

3 Beds ⋅ 2 Baths ⋅ 260017476 MLS ⋅ ACTIVE Status ⋅ Chula Vista BLDG.

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

1071-1069 Madison Ave, Chula Vista

$2,495,000

2 Beds ⋅ 6 Baths ⋅ 260017468 MLS ⋅ ACTIVE Status

5.54% current cap rate with a clear path to 6.23%. Newly priced at $2,495,000, 4415 Rosebud Lane offers 10 La Mesa units at $249,500 per unit, strong in-place income and approximately $109,000 in recent capital improvements, including a new roof, upgraded electrical service and panels, and completed SB 721 work with new stairs, railings and catwalks. The unit mix includes four studios, four 1BR units and two 2BR units, plus PARKING for every apartment, covered parking with storage and on-site laundry. Current operations reflect an 11.15 GRM and 5.54% cap rate, with projected performance of a 10.33 GRM and 6.23% cap rate as leases roll and allowable rent increases are implemented. Conveniently located near La Mesa Village, shopping, parks, transit and freeway access.

4415 Rosebud Ln, La Mesa

$4,799,500

14 Beds ⋅ 13 Baths ⋅ 260017411 MLS ⋅ ACTIVE Status

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

832 Desty St, Otay Mesa

$1,099,000

6 Beds ⋅ 5 Baths ⋅ 260017358 MLS ⋅ ACTIVE Status

Rare opportunity to acquire a five-unit apartment investment with immediate cash flow, value-add potential, and flexible long-term strategies. Situated on a prominent corner parcel with Commercial CC-4-5 zoning within a Transit Priority Area, the property offers multiple paths to increase value in one of San Diego's strongest rental markets. Convert the lower level back to retail, office space, salon, personal services and retain the tenants upstairs. Perfect for small business owners as a live/work space. Or maximize income through rental stabilization while creating plans for a mixed-use redevelopment project. The property currently features two tenant occupied 2-bedroom/1-bath apartments on the second floor, two tenant occupied 1-bedroom/1-bath apartments on the main level, and one vacant studio on the first floor, providing immediate lease-up potential. Current income is supported by long-term tenancy, while below-market rents offer significant opportunity for future growth. (see suppl) Additional income potential includes an owner-owned coin-operated laundry room and four storage rooms that may be leased separately to increase cash flow. Six off-street parking spaces and a shared rear courtyard with pergola. Prior to residential use on the main level, there was a construction office and hair salon, so the new owner could potentially convert back to retail space. The upper-level units feature private exterior entrances, while the lower level offers convenient ground-floor access. Commercial CC-4-5 zoning and the property's location within a Transit Priority Area provide added flexibility for investors seeking long-term appreciation and future redevelopment potential. Buyers are encouraged to verify all zoning, permitted uses, and development opportunities with the City of San Diego. Conveniently located with quick access to Downtown San Diego, major freeways, public transportation, shopping, dining, and employment centers, this is a compelling opportunity for investors seeking stable in-place income with meaningful upside through lease optimization, additional ancillary income, and long-term strategic positioning.

6945 Imperial Ave, Encanto

$3,500,000

9 Beds ⋅ 6 Baths ⋅ 260017337 MLS ⋅ ACTIVE Status

We are pleased to present 4168 32nd Street, an upgraded multifamily investment opportunity ideally located in San Diego's highly sought-after North Park neighborhood. The property benefits from a premier urban location with convenient access to major employment centers, vibrant retail and dining destinations, and regional transportation corridors, supporting strong and consistent rental demand. The property features an efficient unit mix consisting of three (3) one-bedroom/one-bathroom units, four (4) two-bedroom/one-bathroom units, and three (3) two-bedroom/two-bathroom residences with spacious floor plans averaging approximately 745 square feet. The residences have been thoughtfully updated with modern kitchens and bathrooms featuring quartz countertops, white shaker cabinetry, laminate flooring, and stainless steel appliances, including dishwashers, ranges, microwaves, and refrigerators. Residents enjoy immediate access to North Park's renowned restaurants, boutiques, coffee shops, and entertainment while remaining just minutes from Downtown San Diego, Balboa Park, and the region's major freeway network. Combining a highly desirable location, renovated interiors, and strong in-place cash flow, 4168 32nd Street presents a compelling opportunity to acquire a well-positioned multifamily asset in one of San Diego's most sought-after urban rental markets.

4168 32nd St, North Park

$1,150,000

6 Beds ⋅ 4 Baths ⋅ PTP2605342 MLS ⋅ ACTIVE Status

Welcome to 1254-56 1st Ave. Exceptional duplex opportunity in the heart of Chula Vista! Each spacious unit offers 3 bedrooms and 2 bathrooms, making this an ideal property for investors, owner-occupants, or multigenerational living. The layout provides flexibility to establish market rents, occupy one unit while renting the other, or accommodate extended family. Located less than 5 miles from the new Gaylord Pacific Resort & Convention Center, this rapidly growing area is benefiting from exciting new development, expanded amenities, and increasing demand. Enjoy convenient access to shopping, dining, parks, schools, public transportation, and major freeways. Whether you're looking to grow your investment portfolio or secure a property with both lifestyle and income potential, this versatile duplex offers an outstanding opportunity in one of Chula Vista's fastest-growing neighborhoods. Welcome to 1254-56 1st Ave. Exceptional duplex opportunity in the heart of Chula Vista! Each spacious unit offers 3 bedrooms and 2 bathrooms, making this an ideal property for investors, owner-occupants, or multigenerational living. The layout provides flexibility to establish market rents, occupy one unit while renting the other, or accommodate extended family. Located less than 5 miles from the new Gaylord Pacific Resort & Convention Center, this rapidly growing area is benefiting from exciting new development, expanded amenities, and increasing demand. Enjoy convenient access to shopping, dining, parks, schools, public transportation, and major freeways. Whether you're looking to grow your investment portfolio or secure a property with both lifestyle and income potential, this versatile duplex offers an outstanding opportunity in one of Chula Vista's fastest-growing neighborhoods.

1254-56 1st Ave, Chula Vista

$1,600,000

260017277 MLS ⋅ ACTIVE Status

Attention Investors and Developers! This is an incredible opportunity to own an income property with the potential to add six additional units with approved zoning (see documents), expanding the current six-unit property to a possible twelve units. Situated on just under half an acre at the end of a quiet cul-de-sac, this property offers both privacy and convenient access to major commuter routes. With six existing units—three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units and a studio—the investment potential is outstanding. The property features two separate buildings, with four units in the main building and two units in the second building, plus plenty of parking for tenants, both in the front and back. Built in 1958, this property presents a rare chance for investors or developers to significantly increase rental income and maximize the value of the lot. Opportunities like this are hard to find—don’t miss out.

2499 Tuberose St, East San Diego

$1,800,000

4 Beds ⋅ 2 Baths ⋅ 260017258 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

**2 Units, Prime Coastal North County Location ~ Encinitas** Great Unit Mix: (2) 2Bedroom / 1Bathroom Units • Each Unit Has Private Yard w/ Washer/Dryer • Well-Maintained / High Income Property • Four (4) Off-Street Parking Spaces • ADU Potential • Located Off I-5 and Santa Fe Dr Near San Dieguito High School and the Self-Realization Fellowship Gardens

1090 Gardena Rd, Encinitas

$1,699,000

4 Beds ⋅ 2 Baths ⋅ 260017216 MLS ⋅ ACTIVE Status ⋅ Na BLDG.

Exceptional investment and Development Opportunity! This income-producing property features a REMODELED. As well as APPROVED plans to add 4 additional units totaling 4700 sqft+. Rare that you can add this many units with parking for each unit. A rare chance with APPROVED plans to maximize value and create a highly desirable multi-unit property with strong rental potential.

4321 Clairemont Mesa Blvd, Clairemont/Bay Park

$2,850,000

4 Beds ⋅ 4 Baths ⋅ SB26153490 MLS ⋅ ACTIVE Status

SoCal Coastal Capital is proud to present Chula Bella Apartments located on 1225 Third Ave. This turnkey 10-unit property offers an opportunity to acquire a fully stabilized asset on Third Avenue. Built in 1970, the property has been fully renovated with in place RUBS. All units are 1-bed/1-bath units averaging 594 sq ft. with a desirable layout. The building is situated on an 11,761 square foot lot and totals 5,940 rentable square footage. Capital improvements include new railing, new roof, and plumbing. Ample on-site parking available with 10 parking spaces. It boasts a WALK SCORE of 81 with zoning designation CCP-Mixed Use Residential. Call or email listing agent for Offering Memorandum. SoCal Coastal Capital is proud to present Chula Bella Apartments located on 1225 Third Ave. This turnkey 10-unit property offers an opportunity to acquire a fully stabilized asset on Third Avenue. Built in 1970, the property has been fully renovated with in place RUBS. All units are 1-bed/1-bath units averaging 594 sq ft. with a desirable layout. The building is situated on an 11,761 square foot lot and totals 5,940 rentable square footage. Capital improvements include new railing, new roof, and plumbing. Ample on-site parking available with 10 parking spaces. It boasts a WALK SCORE of 81 with zoning designation CCP-Mixed Use Residential. Call or email listing agent for Offering Memorandum.

1225 3rd, Chula Vista

$1,275,000

3 Beds ⋅ 4 Baths ⋅ 260017084 MLS ⋅ ACTIVE Status ⋅ City Heights BLDG.

South Coast Commercial is pleased to present 4050-56 Euclid Avenue, a four-unit multifamily investment in the centrally located City Heights neighborhood of San Diego. Situated on an approximately 6,008 square foot parcel, the property includes a spacious front house, a brand new unit, and two additional units, offering a mix of newer and legacy construction with existing in-place rental income. Located along Euclid Avenue, one of City Heights’ established commercial corridors, the property sits near the neighborhood’s shops, restaurants, and transit. With more than 55,000 residents within one mile, the area ranks among the most densely populated in the San Diego region, supporting steady rental demand. With in-place rents currently below market, the property offers value-add upside through lease-to-market. The offering suits investors or owner-occupants seeking a well-located San Diego asset with a mix of unit types and in-place tenancy.

4052-56 Euclid, East San Diego

$1,475,000

7 Beds ⋅ 4 Baths ⋅ 260017067 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

We are pleased to present 3153-55 G Street, a four-unit multifamily investment opportunity in San Diego's Grant Hill neighborhood offering immediate income and long-term value-add upside. The property features a 4BD/1BA front home with the opportunity to add a second bathroom, two newly constructed 1BD/1BA ADUs (2026) with modern finishes, mini-splits, and brand-new appliances—one currently leased at $1,900/month and the other delivered vacant—and a detached 1BD/1BA rear home with a one-car garage, now configured as a companion unit with a bedroom and closet, offering additional rental upside. Additional amenities include owned solar, two laundry areas, separate gas and electric meters, a gated lot, and a storage shed. Conveniently located just minutes from Downtown San Diego, Balboa Park, and major freeways, the property offers meaningful upside through lease-up and renovation of the existing homes.

3153-55 G St, Golden Hill

$1,695,000

8 Beds ⋅ 4 Baths ⋅ 260017038 MLS ⋅ ACTIVE Status ⋅ Streamview BLDG.

Exceptional value-add investment opportunity with tremendous upside! This income-producing four-unit property features four spacious 2-bedroom, 1-bath units, each with an additional den/flex room, situated on an approximately 11,090 SF RM-2-5 zoned lot. The property offers immediate rental income along with a rare opportunity to significantly increase future cash flow through a proposed ADU expansion that is nearing final approval with the City of San Diego. Currently offering approximately 3,854 square feet of rentable living space, the seller has invested substantial time and expense into architectural plans for the proposed conversion of the existing 4-car garage into two ADUs (approximately 405 SF and 549 SF), along with two new attached ADUs of approximately 1,195 SF each. Upon completion, the proposed expansion would increase the property to nearly 7,200 square feet of total rentable living space, creating the potential for a total of eight residential units and providing a tremendous head start for the next owner to capitalize on the property's long-term income potential. Ideally located just minutes from San Diego State University, this centrally located property offers outstanding convenience for both tenants and investors. Whether you're looking to capitalize on the existing income or unlock the property's full development potential, 5920 Stream View Drive presents a rare opportunity to acquire a high-upside multifamily asset in one of San Diego's strongest rental markets.

5920 Streamview Dr, East San Diego

$1,800,000

4 Beds ⋅ 2 Baths ⋅ 260017011 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Exceptional value-add opportunity in the heart of Solana Beach! This rare duplex features a total of 4 bedrooms, 2 full bathrooms, and 2 quarter bathrooms across approximately 1,300 sq. ft. of living space per unit. Brand new (2026)Roof, AC and heating. Each unit offers a functional floor plan, a large private patio for outdoor living and entertaining, plus its own garage with additional off-street parking. Situated on a spacious lot in one of North County’s most desirable coastal communities, this property is ready for modernization, presenting tremendous upside potential. No HOA! Ideal for investors, developers, or owner-occupants looking to create, increase rental income, or build long-term equity. Conveniently located near beaches, shopping, dining, parks, top-rated schools, and easy freeway access. Opportunities like this in Solana Beach are few and far between—don’t miss your chance to unlock this property’s full potential. Run don't walk, this will not last but please do not disturb tenants.Thank you for your consideration.

584-86 Lomas Santa Fe Dr, Solana Beach

$2,199,000

5 Beds ⋅ 4 Baths ⋅ 260016994 MLS ⋅ ACTIVE Status ⋅ 2911-15 Kalmia BLDG.

Nestled on a desirable street in the heart of South Park with second-story views of Downtown San Diego. Just minutes from Balboa Park and the world famous San Diego Zoo, 2911-15 Kalmia St offers a rare combination of timeless charm, thoughtful modern updates, and exceptional versatility. The main residence features 4 bed, 2.5 bath, and approximately 2,300 sqft of beautifully designed living space. Tastefully remodeled while preserving its original character, the home showcases energy efficient windows, central heating and air conditioning, and a solar system with 41 panels that power both homes plus an EV charger, delivering year round comfort and impressive energy savings. Period details, warm architectural touches, and a charming gazebo covered patio create inviting spaces for everyday living and entertaining. Privately situated on the property is a recently remodeled detached 1 bed, 1 bath guest house of approximately 520 sqft, providing the perfect space for extended family, overnight guests, a private home office, or independent living. With alley access and a generous 6,966 sqft lot, the property offers flexibility for a variety of lifestyles while still presenting future income or ownership possibilities. Located just moments from South Park's beloved cafes, restaurants, boutiques, and neighborhood parks offering golf, tennis, swimming, and baseball, this is a rare opportunity to own a beautifully maintained home that blends historic character with modern efficiency in one of San Diego's most soughtafter communities.

2911-15 Kalmia St, North Park

$2,820,000

14 Beds ⋅ 13 Baths ⋅ 260016954 MLS ⋅ ACTIVE Status

Offered at the lowest price per unit in all of 92104, this bread-and-butter apartment property presents a rare value-add opportunity in a strong rental submarket. The property consists of 12 legal units plus an additional non-conforming studio, offering meaningful upside beyond current in-place income. Current actual income reflects only the 12 legal units; income from the studio is not included in these figures. Ownership has initiated the permitting process for the studio and, once complete, pro forma income reflects the studio as a fully permitted 13th unit. With rental upside across the unit mix and an attractive basis relative to the surrounding market, this offering is well suited for investors seeking both stable current income and long-term upside.

4151 35th, North Park

$7,250,000

34 Beds ⋅ 22 Baths ⋅ 260016931 MLS ⋅ ACTIVE Status

$250,000 Price Reduction! The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1-bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket. Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset. The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

8969 Grossmont Blvd, La Mesa

$3,250,000

14 Beds ⋅ 9 Baths ⋅ 260016918 MLS ⋅ ACTIVE Status

We are pleased to present the exclusive listing for 1913–27 Georgia Court, a 9-unit multifamily investment opportunity located on the highly desirable border of the North Park and Hillcrest neighborhoods in San Diego, California.? Originally constructed between 1930 and 1950, the character-rich property features a durable concrete foundation, classic stucco exterior, wood-framed roofing, and a distinctive courtyard-style layout.? Offered for the first time in over 20 years, this unique property combines low-density, cottage-style living with strong near-term rental upside and long-term redevelopment potential.? The 5,100-square-foot property consists of five 2-bedroom / 1-bathroom cottages and four spacious 1-bedroom / 1-bathroom units.? The attractive unit mix, select units with private yards and large designated storage space for each cottage unit.? Abundant off-street parking includes (9) dedicated spaces (one per unit), and each unit is separately metered for SDG&E.? Recent exterior capital improvements include a new concrete driveway, dual-pane windows in four units, and all-new exterior siding on Cottage Unit 1919.? Through a modern renovation, an investor could capture significant upside and bring rents to current market levels.?

1913-27 Georgia Ct, North Park

$6,800,000

24 Beds ⋅ 18 Baths ⋅ 260016900 MLS ⋅ ACTIVE Status

$700,000 Price Reduction! Loma Manor is an 18-unit apartment community located in the coastal neighborhood of Point Loma. The property features one-bedroom and two-bedroom floor plans, an on-site laundry facility, and well-maintained, professionally landscaped grounds. Residents enjoy a highly walkable location near restaurants, grocery stores, coffee shops, and neighborhood amenities, and are less than one mile from Liberty Station, offering approximately 360,000 square feet of premier retail, dining, office, and entertainment space. While the property has been well maintained, in-place rents remain below market. Current ownership has improved six of the 18 units. A new owner can significantly increase the current rents with a full interior and exterior renovation. Located near the waterfront, the property has historically maintained strong occupancy and benefits from Point Loma's desirable coastal lifestyle, scenic bay views, nearby marinas, and major employment centers, including the U.S. Navy. Loma Manor Apartments offers a rare opportunity to acquire a well located coastal multifamily asset with meaningful value-add potential in one of San Diego's most desirable and supply-constrained submarkets.

1518 Rosecrans St, Point Loma (Pt Loma)

$1,575,000

6 Baths ⋅ 260016883 MLS ⋅ ACTIVE Status

Offered at an exceptional basis of just $262,500 per unit, 3206-16 Reynard Way presents investors with a rare opportunity to acquire a well-located multifamily asset in San Diego's urban core. The property provides attractive day-one income while offering meaningful upside through future rental growth and the long-term potential to redevelop the site. Zoned RM-3-7, the property offers investors multiple paths to create value, whether through increasing rental income over time or capitalizing on the site's favorable zoning and future development potential. Opportunities to acquire well-located multifamily assets at this basis with immediate income and long-term upside are increasingly rare in core San Diego.

3206-16 Reynard Way, Mission Hills

$1,195,000

3 Beds ⋅ 2 Baths ⋅ 260016832 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

Great opportunity to own two charming cottages sited on street-to-alley lot in the heart of Talmadge. Each unit features their own private patio, hardwood floors, updated appliances (including washer/dryer), and period architectural details throughout. Front unit is 2br/1ba, measuring 830sf, and rear unit is 1br/1ba, measuring 805sf. Adjacent to the 2-car garage are two non-covered spaces off the alley. Unique opportunity for various investment scenarios whether owner-occupant or future development.

4568-70 Winona Ave, Talmadge/San Diego Central

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