Sorrento Mesa Real Estate Search

Sorrento Mesa Multi-Family Properties for Sale

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Newest Sorrento Mesa Multi-Family Homes for Sale

4266-68 Cherokee Ave, North Park
$1,197,000
5 Beds ⋅ 4 Baths ⋅ NDP2608323 MLS ⋅ ACTIVE Status
Back on the market to no fault of the property. RARE NORTH PARK SINGLE FAMILY FRONT HOUSE WITH A REAR DUPLEX WITH AMPLE PARKING + OWNER-USER POTENTIAL! Updated and exceptionally well-located muti-unit offering a compelling combination of income, parking, and privacy in one of San Diegos most desirable and rapidly evolving neighborhoods. The detached cottage-style front home features 2 bedrooms, 2 baths, stainless steel appliances, A/C, a private fenced patio and side yard including 4 off street parking spaces. The rear duplex includes a spacious 2-bedroom, 1-bath upper unit with 2 parking spaces, with a 10 x 12 view deck and a 1-bedroom, 1-bath ground-floor unit with its own exclusive fenced yard and one parking space. Ample parking is a standout feature for all units plus an attached approximately 15 x 40 garage currently partitioned, one part is use as storage for the front unit. The single family front home with a rear duplex configuration provides an ideal opportunity for an owner-user to live in one unit and generate income from the others. The property has enjoyed over 10 years without a vacancy, demonstrating strong rental demand. Just blocks from North Parks acclaimed restaurants, nightlife, coffee shops and entertainment, with convenient access to the best of San Diego. Back on the market to no fault of the property. RARE NORTH PARK SINGLE FAMILY FRONT HOUSE WITH A REAR DUPLEX WITH AMPLE PARKING + OWNER-USER POTENTIAL! Updated and exceptionally well-located muti-unit offering a compelling combination of income, parking, and privacy in one of San Diegos most desirable and rapidly evolving neighborhoods. The detached cottage-style front home features 2 bedrooms, 2 baths, stainless steel appliances, A/C, a private fenced patio and side yard including 4 off street parking spaces. The rear duplex includes a spacious 2-bedroom, 1-bath upper unit with 2 parking spaces, with a 10 x 12 view deck and a 1-bedroom, 1-bath ground-floor unit with its own exclusive fenced yard and one parking space. Ample parking is a standout feature for all units plus an attached approximately 15 x 40 garage currently partitioned, one part is use as storage for the front unit. The single family front home with a rear duplex configuration provides an ideal opportunity for an owner-user to live in one unit and generate income from the others. The property has enjoyed over 10 years without a vacancy, demonstrating strong rental demand. Just blocks from North Parks acclaimed restaurants, nightlife, coffee shops and entertainment, with convenient access to the best of San Diego.

4266-68 Cherokee Ave, North Park

3448-50 Cherokee, North Park
$1,585,000
9 Beds ⋅ 5 Baths ⋅ 260021656 MLS ⋅ ACTIVE Status ⋅ Cherokee Point BLDG.
Live in one large 3bed house and rent out the other houses for income and to off set your monthly expenses or have a Great investment opportunity to own a recently renovated Triplex in Cherokee Point with a4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 2 fully leased dwellings and one available for move in or rental, there are Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities. Great investment opportunity to own a recently renovated Triplex in Cherokee Point with 4th 2 bed 2bath house in plans. Close proximity to downtown and Balboa Park. The Cherokee Point neighborhood is also landlocked between the 805 and 15 freeways, providing a quieter living experience compared to other parts of North Park, while still giving you easy access to all North Park has to offer including shopping, restaurants and activities. Which makes this a highly desirable location for a high performance investment. The property consists of 3 fully leased dwellings, Two 3 bedroom Houses and One 1 Bedroom. There are plans in the city for permits on an additional 2bed 2bath house. All houses have been upgraded with Newer Kitchens and Baths, LED lighting throughout, Ceiling Fans in every room, A/C and Heating, Washer and Dryer also included. This Houses are all individually Fully fenced yard and has Parking for multiple vehicles. Tenants pay all utilities. Currently priced with a 5.2 CAP. Proforma with adding the 4th dwelling will bring you over a 7plus CAP. Great turnkey investment with leases plus value-add opportunities.

3448-50 Cherokee, North Park

3622-24 Texas St, North Park
$1,298,300
7 Beds ⋅ 3 Baths ⋅ 260021474 MLS ⋅ ACTIVE Status ⋅ 3622-24 Texas Streeet BLDG.
Rare North Park duplex offering an exceptional opportunity for both owner-occupants and investors in one of San Diego's most sought-after neighborhoods. This charming property features two separate residences, each with its own unique character, flexible living spaces, and timeless architectural details. Outside the expansive front patio creates an inviting outdoor space perfect for relaxing or entertaining. Inside, you'll find bright and spacious interiors with abundant natural light and hardwood flooring. The living areas are warm and welcoming, while the kitchens offer generous cabinetry, ample prep space, and convenient adjacent laundry/storage areas. The versatile floor plan provides excellent flexibility for multi-generational living, rental income, or a dedicated home office. The lower residence also benefits from bonus living space and direct access to a private outdoor area, while both units enjoy patios for indoor-outdoor living. Located in the heart of North Park, just blocks from Morley Field, Balboa Park, popular restaurants, coffee shops, breweries, shopping, and entertainment, this property offers the perfect blend of historic charm, modern updates, and prime urban convenience. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the other, this is a rare opportunity in San Diego.

3622-24 Texas St, North Park

810 Acacia Ave, Oceanside
$1,550,000
8 Beds ⋅ 4 Baths ⋅ 260021470 MLS ⋅ ACTIVE Status ⋅ Jefferson Middle School BLDG.
CBRE is pleased to present our opinion of value of 810 Acacia Ave in Oceanside, CA. The property boasts a unit mix of four (4) 2-bedroom / 1-bathrooms. Located in a quiet pocket across the street from Jefferson Middle School, this 4-unit investment property offers a compelling opportunity in one of San Diego County’s most rapidly developing suburban markets. Oceanside, a coastal gem nestled between San Diego and Los Angeles, provides residents with a perfect blend of suburban comfort and urban accessibility via nearby Interstate 5 and State Route 76, making commutes to San Diego’s major employment hubs very easy. The property benefits from its central location, being just one mile from Oceanside’s iconic pier, where the weekly farmers’ market and other popular events draw visitors throughout the year. Local dining options within minutes include authentic Italian cuisine at Allmine, classic American fare at Rose Cafe, and numerous other choices reflecting Oceanside’s variety. The property is conveniently positioned near major retail centers, including Mission Marketplace and Oceanside Plaza Shopping Center, both within a 5-minute drive. With Oceanside’s population of approximately 180,000 residents and a steady annual growth rate, the area continues to attract both families and young professionals seeking more affordable housing options compared to coastal San Diego communities. 810 Acacia Ave is the ideal opportunity for first-time multifamily investors targeting bite-sized deals with easily rentable units, or seasoned multifamily investors seeking the ease of management.

810 Acacia Ave, Oceanside

4638 & 4648 Ohio St, Normal Heights
$6,600,000
26 Beds ⋅ 22 Baths ⋅ 260021409 MLS ⋅ ACTIVE Status
We are pleased to present the "Ohio Villas," a 16-unit multifamily community located at 4638–4648 Ohio Street in San Diego, California. The property offers investors the opportunity to acquire a well-located, extensively renovated asset in the heart of North Park, one of San Diego’s most established urban rental markets. Built in 1980, the property features a diverse and highly functional unit mix comprised of six (6) one-bedroom/one-bathroom units averaging approximately 500 square feet, four (4) two-bedroom/one-bathroom units averaging approximately 750 square feet, four (4) two-bedroom/one-and-one-half-bathroom units averaging approximately 780 square feet, and two (2) two-bedroom/two-bathroom units averaging approximately 838 square feet, totaling approximately 10,796 rentable square feet. All 16 units have been upgraded with condo-quality finishes and thoughtful interior improvements. Each unit features a fireplace, as well as renovations including granite countertops, updated cabinetry, tile backsplashes, stainless steel appliances, tile flooring, in-unit washers and dryers, and glass shower enclosures. Each unit includes two off-street parking spaces, with 12 units also benefiting from a private single-car garage. Select units feature private patios or balconies, providing an additional amenity that is difficult to replicate in the surrounding rental market. The property's exterior has also been upgraded and features secure gated access, mature landscaping, dual-pane windows, and tasteful Spanish-style architectural details.

4638 & 4648 Ohio St, Normal Heights

429-33 Nautilus St, La Jolla
$4,999,995
7 Beds ⋅ 5 Baths ⋅ NDP2608215 MLS ⋅ ACTIVE Status
Offered on the󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 open market for the very first time, this rare La Jolla coastal opportunity delivers immediate cash flow alongside significant long-term development upside. Located just steps from iconic Windansea Beach, the property features two complete homes perfectly suited for high-end residential leasing or dual short-term vacation rentals (STVR). Highlighting alley access and a sizeable parcel, the asset presents lucrative potential for expansion or a lot division (buyer to verify). Ample parking includes 2 garage spaces per unit in addition to 4 uncovered driveway spaces for the front residence. A truly irreplaceable coastal portfolio addition combining prime La Jolla positioning with strong financial return. Offered on the open market for the very first time, this rare La Jolla coastal opportunity delivers immediate cash flow alongside significant long-term development upside. Located just steps from iconic Windansea Beach, the property features two complete homes perfectly suited for high-end residential leasing or dual short-term vacation rentals (STVR). Highlighting alley access and a sizeable parcel, the asset presents lucrative potential for expansion or a lot division (buyer to verify). Ample parking includes 2 garage spaces per unit in addition to 4 uncovered driveway spaces for the front residence. A truly irreplaceable coastal portfolio addition combining prime La Jolla positioning with strong financial return.

429-33 Nautilus St, La Jolla

3131-57 Adams Ave, Normal Heights
$4,900,000
11 Beds ⋅ 17 Baths ⋅ 260021332 MLS ⋅ ACTIVE Status
Pleased to present the 3131-49 & 3151-57 Adams Avenue Portfolio, a 17-unit multifamily and mixed-use portfolio located in San Diego, California. Situated along iconic Adams Avenue in the highly desirable Normal Heights neighborhood, the offering consists of the adjacent 10-unit apartment complex at 3151-57 Adams Avenue and seven-unit mixed-use property at 3131-49 Adams Avenue. Originally built in 1939 and 1965, respectively, both assets were thoughtfully renovated in 2025 and combine for approximately 7,520 rentable square feet across 15,246 square feet of land. Additionally, the portfolio offers significant long-term redevelopment potential, as both properties are located within Complete Communities Tier 3, allowing up to 6.5 FAR, and are zoned CUPD-CU-3-3. The residential component consists of 13 units, including two detached one-bedroom/one-bath cottages, two studios, and nine one-bedroom/one-bath apartments, complemented by four high visibility retail spaces at 3131-49 Adams Avenue. Current retail tenants include a massage studio, pet grooming salon, and bookstore occupying two combined commercial spaces. The residential units were recently remodeled with upgraded interiors including quartz countertops, updated cabinetry, new appliances, and renovated bathrooms, with select units featuring refinished original hardwood or new vinyl plank flooring. Each residential unit also features mini-split A/C systems and tankless water heaters, enhancing tenant comfort and operating efficiency. (7) apartment units have also been amenitized with in-unit, full-size stackable W/D.

3131-57 Adams Ave, Normal Heights

120-26 4th St, Del Mar
$4,800,000
7 Beds ⋅ 7 Baths ⋅ 260021317 MLS ⋅ ACTIVE Status
Situated just one󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 property from the iconic Del Mar coastline, 120-126 4th Street offers a truly exceptional opportunity to own a premier coastal fourplex in one of Southern California’s most coveted beach communities. Set on a spacious lot in the heart of Del Mar, this unique property combines an irreplaceable location with ocean views, a desirable unit mix, and significant potential for the next owner. The property features three generously sized 2-bedroom, 2-bath residences and one 1-bedroom, 1-bath residence. All three 2-bedroom units enjoy ocean views, while the shared courtyard and ocean-view backyard create inviting outdoor spaces to relax, entertain, and take in the quintessential Del Mar lifestyle. For investors, developers, or owner-users, the value-add possibilities are particularly compelling. The location is simply hard to beat. Step outside and enjoy a walkable coastal lifestyle just moments from the Del Mar cliffs and sandy beaches, as well as Del Mar Village, Del Mar Plaza, boutique shopping, acclaimed restaurants, and some of Southern California’s most celebrated surf breaks. Outdoor enthusiasts will love the proximity to Torrey Pines State Natural Reserve and Torrey Pines Golf Course, while Scripps Health facilities and the world-famous Del Mar Racetrack are just minutes away. Adding even more value, the property includes four covered parking spaces plus five additional off-street spaces - a remarkable and increasingly rare amenity in the heart of Del Mar Village. See supp. With its oversized lot, ocean views, flexible unit mix, abundant parking, and one of the most desirable coastal locations in Southern California, 120-126 4th Street presents an extraordinary opportunity to own, invest, and create something special in Del Mar.

120-26 4th St, Del Mar

4341 Texas St, North Park
$3,295,000
4 Beds ⋅ 3 Baths ⋅ PTP2606618 MLS ⋅ ACTIVE Status
Price Reduced for a quick sale at a 5.6% cap rate in place! The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The asset currently generates $271,172 annual GSI and $183,817 NOI, yielding a 5.58% in-place cap rate. There is approximately 10% income upside remaining with select units. The asset is forecasted to produce $290,340 GSI and a 6.11% market cap rate at full market operations, with minimal to no additional capital investment required to achieve that additional income. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing 10 parking spaces plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage, Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building. Price Reduced for a quick sale at a 5.6% cap rate in place! The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The asset currently generates $271,172 annual GSI and $183,817 NOI, yielding a 5.58% in-place cap rate. There is approximately 10% income upside remaining with select units. The asset is forecasted to produce $290,340 GSI and a 6.11% market cap rate at full market operations, with minimal to no additional capital investment required to achieve that additional income. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing 10 parking spaces plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage, Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building.

4341 Texas St, North Park

112-120 E Redwood St, Mission Hills
$2,599,000
6 Beds ⋅ 5 Baths ⋅ 260021248 MLS ⋅ ACTIVE Status ⋅ - BLDG.
A rare 3-unit󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Banker's Hill investment, available for the first time in 22 years. Designed for the live-in investor: settle into a designer-finished home while two rental units help assist with the mortgage. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wooden shutters, AC, and bay/sunset views. Current rents $3,725/mo each on month-to-month leases; projected market gross $16,500/mo. 4 garaged spaces of which 3 are currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay. Banker’s Hill is one of San Diego’s most sought-after uptown neighborhoods, perched on the bluff between Balboa Park and the bay with Hillcrest just to the north and Little Italy steps to the south. The 112 to 120 Redwood Street homes sit on the quieter, west-facing side of this affluent enclave, where tree-lined streets, historic Craftsman and Victorian architecture, and modern luxury builds combine to create a walkable lifestyle that’s hard to replicate anywhere else in the city. Owners here trade the typical suburban routine for morning walks through Balboa Park’s 1,200 acres of museums, gardens, and trails, evenings at neighborhood staples like Cucina Urbana and Mister A’s, and weekend strolls across the historic Spruce Street Suspension Bridge or down the hill to Little Italy’s Saturday farmers market. With sweeping views toward the bay, Coronado, and the Downtown skyline, immediate access to the I-5 and the 163, and a quick drive to the airport, Gaslamp, and the Coronado Bridge, Redwood Street delivers the rare combination buyers chase in central San Diego: a quiet residential street, an elevated city perspective, and a neighborhood that genuinely upgrades daily life.

112-120 E Redwood St, Mission Hills

1240-70 Holly Ave, Imperial Beach
$2,600,000
10 Beds ⋅ 4 Baths ⋅ NDP2608136 MLS ⋅ ACTIVE Status
12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet e 12401270 Holly Avenue represents a rare opportunity to acquire a well maintained, five unit multifamily asset with meaningful value add and redevelopment potential in Imperial Beach, San Diegos southernmost coastal community. The property is situated west of Interstate 5 and approximately two miles from the Pacific Ocean, placing it within a rapidly evolving coastal submarket characterized by sustained renter demand, ongoing revitalization, and increasing investor interest. Long term family ownership and consistent upkeep underscore the stability and pride of ownership inherent in this offering. The asset comprises approximately 5,260 rentable square feet across five detached single family style residences, supplemented by a large rear storage structure. The unit mix includes two 2 bedroom/1 bath units of roughly 860 square feet each, two 3 bedroom/1 bath units of approximately 1,008 square feet each, and one 2 bedroom/2 bath unit of approximately 1,524 square feet. All homes are believed to have been constructed circa 1960 and feature both front and rear yards. Four units are equipped with single car garages, while one unit offers a covered carport, providing ample on site parking and enhancing tenant convenience. The generous outdoor areas present opportunities for future enhancements that may support increased rental value. The property has been selectively upgraded over time, including interior and exterior painting, new flooring, entry improvements, plumbing and drain line upgrades, replacement of water valves and fixtures, electrical fixture updates with GFCI outlet enhancements, one roof replacement with tune ups on remaining roofs, refinished kitchen and bath surfaces, newer wall heaters, and updated fencing. Despite these improvements, current rents remain below market, and ownership estimates an approximate 15 percent total income upside achievable through unit turnover and additional interior modernization. INVESTMENT PROFILE: The five-unit property is currently positioned to generate approximately $13,450 per month, or $161,400 annually, based on projected rents of five single detached residential units at approximately $3,300, $2,950, $2,750, $2,300 and $2,150/month. At the $2,600,000 asking price: Gross Annual Income: $161,400. Gross Cap Rate: approximately 6.20% Estimated Net Cap Rate: approximately 4.5%, depending on actual operating expenses and insurance. The property is zoned R 3000, permitting detached and attached dwelling units at a maximum density of 14 units per acre. Based on the sites approximate 0.67 acre footprint, the maximum permitted density is nine dwelling units, with the potential for additional units through the State Density Bonus Law or Accessory Dwelling Units (ADUs), subject to municipal review. Developers may also consider full redevelopment; new primary dwelling units would require discretionary approval, and detailed proposals may be submitted to the City of Imperial Beach Planning Department once project parameters are defined. Numerous recently completed projects in the immediate vicinity provide strong proof of concept for redevelopment in this corridor. With Imperial Beach experiencing ongoing revitalization, improved infrastructure, and sustained private investment, the property offers both current cash flow and long term appreciation potential. Its proximity to beaches, dining, retail, and major transportation routes further enhances its desirability. This offering is well suited for investors seeking to expand cash flow, build equity, and capitalize on one of coastal San Diegos most active and evolving multifamily submarkets.

1240-70 Holly Ave, Imperial Beach

2409 Fleetwood St, Linda Vista
$2,200,000
6 Beds ⋅ 4 Baths ⋅ PTP2606574 MLS ⋅ ACTIVE Status
Four brand-new units. One rare investment opportunity in the heart of Clairemont Mesa. This 12,653-square-foot lot delivers an existing single-family residence alongside two newly constructed detached duplex buildings, each offering a pair of stacked 2-bedroom, 2-bathroom ADUs at 800 square feet apiece. Thoughtfully designed with low-E windows, tankless water heaters, and owned solar systems, each unit stands ready for immediate occupancy with its own private entrance, in-unit laundry, and open-concept living space. Whether adding to a rental portfolio or generating multi-unit income from a single address, this property offers flexibility few San Diego lots can match four separate homes, one address, endless potential. Four brand-new units. One rare investment opportunity in the heart of Clairemont Mesa. This 12,653-square-foot lot delivers an existing single-family residence alongside two newly constructed detached duplex buildings, each offering a pair of stacked 2-bedroom, 2-bathroom ADUs at 800 square feet apiece. Thoughtfully designed with low-E windows, tankless water heaters, and owned solar systems, each unit stands ready for immediate occupancy with its own private entrance, in-unit laundry, and open-concept living space. Whether adding to a rental portfolio or generating multi-unit income from a single address, this property offers flexibility few San Diego lots can match four separate homes, one address, endless potential.

2409 Fleetwood St, Linda Vista

12252 Hwy 67, Lakeside
$1,399,000
7 Beds ⋅ 5 Baths ⋅ 260021103 MLS ⋅ ACTIVE Status ⋅ Na BLDG.
Remodeled 3-Unit Property󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 on 2.6 Acres with Additional Income from RV Space and Detached 4 car garage. Equestrian and agricultural Zoned. The property features three well-designed units, each offering a functional floor plan, A/C, and indoor laundry. RV Pad has Laundry and storage too. All appliances convey with the sale, including washers and dryers, providing added convenience for both owners and tenants. For additional income potential, the property includes a 3-car attached garage and 4-car detached garage 5 of the 7 garage spaces currently rented individually. There is also an RV pad with full hookups, Storage and Laundry creating another valuable income-producing component. The expansive grounds feature more than 60 oak trees, citrus trees creating a beautiful & private setting. The property is serviced by its own water well, with drip irrigation providing an efficient way to maintain the landscaping and trees. The property is also well suited for an equestrian or rural lifestyle, with horses and livestock permitted. The combination of acreage, oak trees, private well water, multiple residential units, garage rentals, and RV accommodations offers an uncommon opportunity for an owner-user, investor, or buyer looking for additional rental income. Triplex has 2 year new roof. Four car (detached garage) has new roof this year

12252 Hwy 67, Lakeside

1964 Arnold Way, Alpine
$949,000
3 Beds ⋅ 2 Baths ⋅ PTP2606567 MLS ⋅ ACTIVE Status ⋅ Duplex BLDG.
An incredible investment opportunity in Alpine! This income-producing duplex in Alpine presents a compelling investment opportunity with two spacious units, one upstairs and one downstairs, designed to maximize rental appeal and long-term investment potential. Each unit features 3 bedrooms and 2 bathrooms, along with desirable tenant amenities including in-unit laundry, dual-pane windows, and central heating and air conditioning. Both units offer designated parking, plus loads of additional off-street parking for residents and guests. Both units have access to private and gated back yard patio areas. New roof in 2020. This property offers investors an attractive opportunity to add a versatile income producing asset to their portfolio. Dont miss this one! Reach out to schedule an appointment! An incredible investment opportunity in Alpine! This income-producing duplex in Alpine presents a compelling investment opportunity with two spacious units, one upstairs and one downstairs, designed to maximize rental appeal and long-term investment potential. Each unit features 3 bedrooms and 2 bathrooms, along with desirable tenant amenities including in-unit laundry, dual-pane windows, and central heating and air conditioning. Both units offer designated parking, plus loads of additional off-street parking for residents and guests. Both units have access to private and gated back yard patio areas. New roof in 2020. This property offers investors an attractive opportunity to add a versatile income producing asset to their portfolio. Dont miss this one! Reach out to schedule an appointment!

1964 Arnold Way, Alpine

1960 Arnold Way, Alpine
$899,000
2 Beds ⋅ 2 Baths ⋅ PTP2606564 MLS ⋅ ACTIVE Status ⋅ Duplex BLDG.
A unique investment opportunity in Alpine! This income-producing, well-maintained duplex offers two spacious units, one upstairs and one downstairs, designed to maximize rental appeal and long-term investment potential. Each unit features 2 bedrooms and 2 bathrooms, along with in-unit laundry, dual-pane windows, a fireplace, mini-split AC for comfort, designated parking, plus loads of additional off-street parking for residents and guests. The ground-floor unit has exclusive access to a large, fully fenced yard., providing a private outdoor space and an additional feature that enhances its rental appeal. The upstairs unit offers its own separate living space, creating a well-defined setup for two independent tenants. A new roof was added in 2020 and dual pane windows installed in 2015. A unique investment opportunity in Alpine! This income-producing, well-maintained duplex offers two spacious units, one upstairs and one downstairs, designed to maximize rental appeal and long-term investment potential. Each unit features 2 bedrooms and 2 bathrooms, along with in-unit laundry, dual-pane windows, a fireplace, mini-split AC for comfort, designated parking, plus loads of additional off-street parking for residents and guests. The ground-floor unit has exclusive access to a large, fully fenced yard., providing a private outdoor space and an additional feature that enhances its rental appeal. The upstairs unit offers its own separate living space, creating a well-defined setup for two independent tenants. A new roof was added in 2020 and dual pane windows installed in 2015.

1960 Arnold Way, Alpine

2683-87 C St, Golden Hill
$1,600,000
4 Beds ⋅ 5 Baths ⋅ NDP2608073 MLS ⋅ ACTIVE Status
Short Sale Opportunity!󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 4 professionally designed and fully furnished units down to the linens and kitchenware. STR guest-ready in the heart of Golden Hill, just minutes from downtown, Balboa Park, and the airport, in a 1940s historic Craftsman. Unit mix consists of one 2-bed/2-bath unit, two 1-bed/1-bath units, and a tiny house studio/1 bath. Property is set up and staged for short-term rental from the moment you take ownership. The infrastructure is already in place. Curated kitchens, cohesive decor, quality finishes, and a historic Craftsman character that guests simply cannot find in a hotel or a condo. Golden Hill is exactly the kind of walkable, personality-rich neighborhood that short-term rental guests seek out and return to. Recent capital improvements include a newer roof, dual-pane windows, and solar (PPA). Three units are individually metered, three include in-unit stackable washer/dryers, and off-street parking accommodates five to six vehicles, a rare operational advantage in this part of the city. 3 units are located in the main house. The tiny house studio unit is a separate structure in the back of the property and is non-conforming. Beyond short-term rentals, this property could support a range of investment strategies. Mid-term rentals catering to traveling nurses and corporate professionals. Multigenerational families will find flexibility in distinct living spaces under one roof. House hackers can live in one unit and let the remaining three offset their mortgage. The layouts and the setup support whichever direction makes the most sense for your goals. Short Sale Opportunity! 4 professionally designed and fully furnished units down to the linens and kitchenware. STR guest-ready in the heart of Golden Hill, just minutes from downtown, Balboa Park, and the airport, in a 1940s historic Craftsman. Unit mix consists of one 2-bed/2-bath unit, two 1-bed/1-bath units, and a tiny house studio/1 bath. Property is set up and staged for short-term rental from the moment you take ownership. The infrastructure is already in place. Curated kitchens, cohesive decor, quality finishes, and a historic Craftsman character that guests simply cannot find in a hotel or a condo. Golden Hill is exactly the kind of walkable, personality-rich neighborhood that short-term rental guests seek out and return to. Recent capital improvements include a newer roof, dual-pane windows, and solar (PPA). Three units are individually metered, three include in-unit stackable washer/dryers, and off-street parking accommodates five to six vehicles, a rare operational advantage in this part of the city. 3 units are located in the main house. The tiny house studio unit is a separate structure in the back of the property and is non-conforming. Beyond short-term rentals, this property could support a range of investment strategies. Mid-term rentals catering to traveling nurses and corporate professionals. Multigenerational families will find flexibility in distinct living spaces under one roof. House hackers can live in one unit and let the remaining three offset their mortgage. The layouts and the setup support whichever direction makes the most sense for your goals. Few acquisitions come this ready. The design work, the furnishings, the setup, it is already done. This property is being sold as a short sale and is subject to lender approval. The 4th unit, the tiny house is non-conforming.

2683-87 C St, Golden Hill

725-729 B Ave, National City
$1,750,000
260020923 MLS ⋅ ACTIVE Status
RARE 5-UNIT INVESTMENT + DEVELOPMENT OPPORTUNITY IN THE HEART OF NATIONAL CITY! Located on a prominent corner at B Avenue and E 8th Street, this unique property offers investors the opportunity to generate rental income today while holding significant long-term redevelopment potential. The property consists of five residential units across two buildings: four well-maintained 1-bedroom/1-bath units plus a detached 3-bedroom/1-bath home in the rear with its own patio space. The existing units are in great condition and offer an attractive, versatile unit mix with strong rental appeal. The detached rear residence provides an additional feature rarely found in a traditional multifamily investment, offering more privacy, additional bedrooms and outdoor space. But the real opportunity goes beyond the existing improvements. Situated in an Opportunity Zone with commercial zoning, this corner property has been identified as a potential redevelopment site for a larger multifamily, affordable housing or mixed-use project, with potential development capacity of up to 5 Please do not disturb tenants. Drive-by only unless otherwise arranged with listing agent. Interior access subject to accepted offer or prior appointment with listing agent. Buyer and buyer's agent to verify all information, including square footage, unit count, rents, zoning, development potential, permits and intended use, to their satisfaction. Contact listing agent for additional information and showing instructions.

725-729 B Ave, National City

3610-16 Logan Ave, Logan Heights
$1,299,000
7 Beds ⋅ 4 Baths ⋅ PTP2606495 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a 5 unit property in Logan Heights, built in 1956/1957 and held by the same family since 1979. The offering includes two detached two bedroom cottages (782 square feet each) plus a two story rear building consisting of a two bedroom apartment upstairs, a one bedroom unit downstairs, and an additional legal studio, totaling approximately 3,098 square feet of combined living space. Long term ownership has kept rents well below market, offering a new buyer meaningful upside through both rent growth and interior modernization. All units are currently occupied, providing day one cash flow while a new owner phases in upgrades over time. Centrally located in one of San Diego's most active submarkets for multifamily investment, close to downtown, the trolley, and major freeway access. A strong candidate for value add investors or 1031 exchange buyers looking for scale and upside in the 92113 zip code. Rare opportunity to acquire a 5 unit property in Logan Heights, built in 1956/1957 and held by the same family since 1979. The offering includes two detached two bedroom cottages (782 square feet each) plus a two story rear building consisting of a two bedroom apartment upstairs, a one bedroom unit downstairs, and an additional legal studio, totaling approximately 3,098 square feet of combined living space. Long term ownership has kept rents well below market, offering a new buyer meaningful upside through both rent growth and interior modernization. All units are currently occupied, providing day one cash flow while a new owner phases in upgrades over time. Centrally located in one of San Diego's most active submarkets for multifamily investment, close to downtown, the trolley, and major freeway access. A strong candidate for value add investors or 1031 exchange buyers looking for scale and upside in the 92113 zip code.

3610-16 Logan Ave, Logan Heights

2202 30th St, North Park
$3,750,000
260020769 MLS ⋅ ACTIVE Status
A Rare Opportunity to Own One of South Park's Most Distinctive Mixed-Use Assets. Prominently positioned along the 30th Street corridor, 2202 30th Street offers a compelling combination of diversified income, architectural character, and an irreplaceable South Park location. The mixed-use property brings together three loft-style residences, two street-level commercial suites, and an additional Verizon lease with annual rent increases—all within one landmark corner property. Designed by acclaimed San Diego architect Jim Brown and distinguished by its iconic Shepard Fairey mural, the building is unlike anything else in the neighborhood. Its loft residences feature soaring ceilings, exposed brick, timber beams, polished concrete, and oversized industrial windows, creating dramatic spaces with authentic urban character. At street level, highly visible commercial spaces benefit from prominent frontage in the heart of South Park, surrounded by acclaimed restaurants, cafés, boutiques, and neighborhood destinations. Minutes from Balboa Park and Downtown San Diego, 2202 30th Street presents an increasingly rare opportunity: multiple income streams, distinctive architecture, cultural significance, and a prominent position within one of San Diego's most sought-after urban neighborhoods. For the investor seeking an asset that cannot simply be replicated, this is South Park real estate at its most distinctive. Located in the heart of South Park, one of San Diego’s most walkable and Located in one of San Diego's most sought-after urban neighborhoods, South Park continues to attract residents, retailers, and visitors with its walkable lifestyle, thriving restaurant scene, independent boutiques, and proximity to Balboa Park, Downtown San Diego, North Park, and major employment centers.

2202 30th St, North Park

312 Brookes Ave, Mission Hills
$2,295,000
4 Beds ⋅ 4 Baths ⋅ 260020675 MLS ⋅ ACTIVE Status ⋅ 312 Brookes Ave BLDG.
RE-PRICED TO SELL!󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Turnkey Hillcrest multifamily investment offering four extensively renovated 1BR/1BA residences in a highly desirable central San Diego location. Fully leased with approximately $143,880 in annual gross scheduled income and approximately $111,690 stabilized NOI. New asking price represents an approximate 4.87% stabilized cap rate. The property has undergone extensive improvements including updated kitchens and bathrooms, flooring, dual-pane windows, electrical and plumbing upgrades, mini-split heating and air conditioning, in-unit laundry, fire sprinkler improvements, secured entry and landscaped common areas. Select residences include private outdoor space and parking. Located near Balboa Park, UC San Diego Health Hillcrest, Scripps Mercy Hospital, Mission Hills, Downtown San Diego, dining, shopping, transit and major transportation corridors. A compelling opportunity to acquire a fully leased, renovated four-unit property with established in-place income and limited near-term capital improvement requirements. Exceptional opportunity to acquire a fully leased, extensively renovated four-unit property in the heart of Hillcrest. Each residence offers one bedroom and one bathroom with an updated kitchen, stainless-steel appliances, modern flooring, newer windows, wall-mounted air conditioning, and in-unit laundry. Additional property improvements include upgraded electrical systems, fire sprinklers, and a newer water main. Select units include gated parking. Offered at $2,295,000, the property currently generates approximately $143,880 in gross scheduled annual income with an estimated stabilized NOI of $111,690, equating to an approximate 4.87% stabilized capitalization rate based on the current asking price and operating assumptions. The property provides immediate income from four existing leases. The seller may consider facilitating a potential vacancy for a buyer who intends to occupy one unit as a primary residence. This may provide an opportunity for a qualified buyer to pursue owner-occupied financing while using eligible rental income from the remaining units to assist with loan qualification. Financing terms, occupancy requirements, and the amount of rental income considered are subject to lender underwriting and approval. No vacancy is guaranteed, and any vacancy must comply with the existing lease, tenant agreement, and applicable law. Conveniently located near major medical and employment centers, restaurants, shopping, public transportation, Balboa Park, and Downtown San Diego. An attractive opportunity for an investor or potential owner-user seeking a stabilized residential income property in one of San Diego’s most desirable rental markets. Offering Memorandum and additional financial information are available upon request. Buyer to verify all property information, permits, square footage, income, expenses, financing options, capitalization rate, and operating assumptions.

312 Brookes Ave, Mission Hills

440 Main St, Ramona
$625,000
NDP2607912 MLS ⋅ ACTIVE Status
Duplex and Development Opportunity on Main Street! Unique investment opportunity in the heart of Ramona! This remodeled duplex sits on a spacious commercially zoned parcel with prominent Main Street frontage, while the residences are set back from the road with convenient alley access. Offering multiple possibilities, live in one unit and rent the other, lease both for income, or explore the future development potential of the property. The generous lot and commercial zoning create added flexibility for an investor, owner-user, or developer looking to maximize the propertys potential. Both units feature LVP flooring throughout, installed in 2022, with one unit offering an updated kitchen. Each unit is 1 bed and 1 bath. Each provides comfortable, low-maintenance living with off-street parking and outdoor space. Ideally located within walking distance of downtown Ramonas restaurants, shops, services, and local businesses. Duplex and Development Opportunity on Main Street! Unique investment opportunity in the heart of Ramona! This remodeled duplex sits on a spacious commercially zoned parcel with prominent Main Street frontage, while the residences are set back from the road with convenient alley access. Offering multiple possibilities, live in one unit and rent the other, lease both for income, or explore the future development potential of the property. The generous lot and commercial zoning create added flexibility for an investor, owner-user, or developer looking to maximize the propertys potential. Both units feature LVP flooring throughout, installed in 2022, with one unit offering an updated kitchen. Each unit is 1 bed and 1 bath. Each provides comfortable, low-maintenance living with off-street parking and outdoor space. Ideally located within walking distance of downtown Ramonas restaurants, shops, services, and local businesses.

440 Main St, Ramona

321-331 Roanoke Rd, El Cajon
$1,999,000
8 Beds ⋅ 4 Baths ⋅ NDP2607908 MLS ⋅ ACTIVE Status
Rare 6-Unit Investment󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Opportunity Prime Income Property Now available , this well-positioned 6-unit apartment complex presents an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Featuring a diverse unit mix, the property attracts a wide range of tenants, ensuring consistent occupancy and income stability. Strategically located in a high-demand rental area, this asset benefits from steady tenant interest, convenient access to local amenities, and solid rental growth potential. Ideal for both seasoned investors and those looking to expand their portfolio, this property offers multiple avenues for value-add improvements and increased returns. Dont miss this chance to acquire a versatile multi-family asset with built-in income and upside potential. only Unit 2 has washer & dryer hook up. please drive by only , don't disturb tenant. Rare 6-Unit Investment Opportunity Prime Income Property Now available , this well-positioned 6-unit apartment complex presents an exceptional opportunity for investors seeking strong cash flow and long-term appreciation. Featuring a diverse unit mix, the property attracts a wide range of tenants, ensuring consistent occupancy and income stability. Strategically located in a high-demand rental area, this asset benefits from steady tenant interest, convenient access to local amenities, and solid rental growth potential. Ideal for both seasoned investors and those looking to expand their portfolio, this property offers multiple avenues for value-add improvements and increased returns. Dont miss this chance to acquire a versatile multi-family asset with built-in income and upside potential. only Unit 2 has washer & dryer hook up. please drive by only , don't disturb tenant.

321-331 Roanoke Rd, El Cajon

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