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

5 Beds ⋅ 4 Baths ⋅ 260020317 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

This unique property offers two updated homes on one lot, creating an excellent opportunity for both investors and owner-occupants. The front home at 352 Brightwood is a beautifully remodeled 2-bedroom, 1-bath residence offering approximately 733 SF. Recent updates include brand-new interior paint, luxury vinyl plank flooring, cabinetry, mini-split HVAC systems, a new water heater, and a water softener. The home also features an attached one-car garage and is currently leased at $2,900 per month on a one-year lease, providing immediate rental income. The rear home at 350 Brightwood is a successful, fully operational Airbnb that has been consistently rented since September 2024. The home offers 3 bedrooms and 3 bathrooms, plus a bonus/game room with a closet and full bathroom that can easily function as a fourth bedroom. At approximately 1,800 square feet, the home features updated finishes, individual mini-split systems in each bedroom, an attached tandem garage, and a private backyard with a covered pergola, creating a great space for guests to relax. The property generated over $90,500 in Air BnB gross revenue last year and is currently on track to achieve similar performance this year. Whether you're looking for a strong investment opportunity with multiple income streams or the flexibility to live in one home while generating rental income from the other, this turnkey property offers a rare combination of updated condition, proven income history, and long-term potential.

350-52 Brightwood Ave, Chula Vista

$4,775,000

8 Beds ⋅ 8 Baths ⋅ 260020303 MLS ⋅ ACTIVE Status ⋅ Beach BLDG.

Completed in 2022, the Property offers investors the rare opportunity to acquire a trophy-quality residential asset within walking distance of both Moonlight Beach and the vibrant shops, restaurants, and entertainment of Downtown Encinitas. Positioned in one of Southern California's most desirable coastal communities, 221 W G Street benefits from exceptional demographics, award-winning schools, a temperate year-round climate, and convenient access to the region's major employment centers. Its premier location places residents at the center of an unparalleled coastal lifestyle while supporting longterm tenant demand and investment stability. Each spacious townhome has been thoughtfully designed with luxury finishes and modern conveniences, featuring open floor plans with high ceilings, luxury kitchens with premium appliances, designer bathrooms, private yards, private balconies, air conditioning, and in-unit washers and dryers. Additional property enhancements include high-performance designer windows and rooftop solar that helps offset common area electrical expenses, creating an attractive combination of luxury, efficiency, and functionality. Beyond its exceptional location and superior construction, the Property offers investors a low maintenance ownership opportunity. Quality building materials, low maintenance landscaping, and recently completed improvements minimize near-term capital expenditures while positioning the asset for durable cash flow and long-term appreciation in one of San Diego County's most coveted coastal submarkets.

221-227 W G St, Encinitas

4985-89 Narragansett Ave, Ocean Beach (OB)

$2,395,000

4 Beds ⋅ 4 Baths ⋅ 260020188 MLS ⋅ ACTIVE Status ⋅ San Diego BLDG.

Smell the Salt! South Ocean Beach Triplex only a super short block to beaches & pier, half a block to live music, award-winning (dog-friendly!) restaurants and shopping. 3 units consisting of (1) 2 bedroom-2 full bath, and (2) 1 bedroom, 1 bath spacious units, all with direct entry, private yards, upgraded windows, granite counters, independent electric meters, 2 separate One-car garages +3 On-Site spaces. Locomotion at its finest! ***Check out short term values. Nearby: Robb Sports Field, Dog Beach, Sunset Cliffs, Short drive to San Diego International Airport), Balboa Park, Mission Bay, Mission Beach, La Jolla Shores, Torrey Pines Hiking & Golf Courses. *[Buyer to verify all].

4985-89 Narragansett Ave, Ocean Beach (OB)

$2,350,000

7 Beds ⋅ 4 Baths ⋅ 260020177 MLS ⋅ ACTIVE Status ⋅ 30th Street Bungalow Ctyd BLDG.

OWNER USER POTENTIAL. LIVE IN A HOUSE W/3 HELPER UNITS IN BUNGALOW COURTYARD, IN A NEIGHBORHOOD OF VINTAGE HOMES, COURTYARD PROPERTIES, WALKING FRIENDLY- COMPLETE COMMUNITY - STORES, RESTAURANTS, BARS, SERVICES, TRANSPORTATION, BALBOA PARK. COMPLETE THE COURTYARD BY PURCHASING THE PARCEL TO THE NORTH- 5 1/1 CASITAS AND 1-2/1 W/GARAGE

3357-59 30th, North Park

$2,100,000

5 Beds ⋅ 4 Baths ⋅ PTP2606289 MLS ⋅ ACTIVE Status

Excellent opportunity to󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 acquire a well-maintained 9-unit multifamily property in a convenient central San Diego location. The property features an attractive unit mix consisting of six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, offering strong appeal to a broad tenant base. Residents enjoy secure entrances, onsite coin-operated laundry, and ample off-street parking with four garages plus five additional open parking spaces. Recent improvements include newly installed tankless water heaters, helping enhance efficiency and reduce future maintenance concerns. Centrally located with convenient access to major freeways, public transportation, shopping, dining, employment centers, and other neighborhood amenities. The property's combination of unit mix, parking, secure access, and central location makes it a compelling opportunity for investors seeking a multifamily asset in the San Diego market. Excellent addition to an investment portfolio with long-term income and appreciation potential. Excellent opportunity to acquire a well-maintained 9-unit multifamily property in a convenient central San Diego location. The property features an attractive unit mix consisting of six 1-bedroom/1-bath units and three 2-bedroom/1-bath units, offering strong appeal to a broad tenant base. Residents enjoy secure entrances, onsite coin-operated laundry, and ample off-street parking with four garages plus five additional open parking spaces. Recent improvements include newly installed tankless water heaters, helping enhance efficiency and reduce future maintenance concerns. Centrally located with convenient access to major freeways, public transportation, shopping, dining, employment centers, and other neighborhood amenities. The property's combination of unit mix, parking, secure access, and central location makes it a compelling opportunity for investors seeking a multifamily asset in the San Diego market. Excellent addition to an investment portfolio with long-term income and appreciation potential.

3837 39th St, East San Diego

$1,045,000

4 Beds ⋅ 2 Baths ⋅ 260020134 MLS ⋅ ACTIVE Status ⋅ Imperial Beach BLDG.

Improved Price which is truly amazing for these Beautiful Newly Built units in great location near stores & restaurants and only 7 blocks to the beach. Offers an amazing opportunity to live in one and rent the other or the option of multi-generational living. Total 1,600sf of living space. Each unit is 800 sf with 2 bedrooms and 1 bath w/double sink and separate shower/toilet room. The kitchens are designed with stainless steel appliances, washer/dryer, beautiful cabinetry, quartz counters and luxury vinyl flooring. Each unit has it's own outdoor living space. Upstairs unit has a large entertaining deck. The downstairs unit has a fenced yard. Each unit includes a single car garage plus an additional parking space, A/C splits and separate utilities. Solar is owned. Solar is owned. Appliances are electric.

766-768 Delaware St, Imperial Beach

$1,195,000

6 Beds ⋅ 4 Baths ⋅ 260020132 MLS ⋅ ACTIVE Status ⋅ No BLDG.

Presenting 853 S 32nd St, consisting of one detached 2bed/1ba home, one - 2bed/1bath and two - 1bed/1ba units on a 7,325 sq. foot corner lot. The units are well maintained and the corner unit was just completely remodeled and will be left vacant for potential owner/users and property tours. The detached home has a private backyard and the remainder have fenced patios/front yards. The property also has a detached garage that can be converted to an accessory dwelling unit (ADU) for additional income. Rents are under market providing substantial upside/value-add above a 6.2% with rent stabilization. NOTE: Entry CAP rate reflects the 2bed/1ba remodeled unit being vacant. The property is well located and resides in an Opportunity Zone, Transit Priority Area as well as the San Diego Promise Zone providing significant tax/development benefits and strong potential for continued gentrification in the region. It is within a 5 minute drive to Downtown San Diego, PETCO Park & the Convention Center, Coronado Island, the new Gaylord Development in Chula Vista and the San Diego Naval Base. Tenants enjoy close proximity to city transportation, trolleys and bus lines, freeway access, employment hubs, schools, restaurants and the property resides just south of the newly redeveloped Rodriguez Elementary School. The central location & property features make this a great investment opportunity for a first time investor, owner occupant or seasoned developer or existing owner looking to add to their portfolio.

853 S 32nd St, Logan Heights

1478 Hornblend St, Pacific Beach/Mission Beach

$5,500,000

5 Beds ⋅ 6 Baths ⋅ 260020125 MLS ⋅ ACTIVE Status

We are pleased to exclusively offer The Surf House, a newly reimagined 10-unit apartment community located at 1478 Hornblend Street in San Diego’s Pacific Beach neighborhood. Designed for today’s coastal renter, the property combines modern apartment finishes, extensive building-system upgrades, and a highly walkable beachside setting within one of San Diego’s most supply-constrained rental markets. The asset was comprehensively rebuilt and delivered in June 2024 following a full permitted redevelopment through the City of San Diego. The renovation scope substantially modernized the property from both an operational and resident-experience standpoint, including upgraded electrical capacity, new plumbing, a centralized hot-water system, fire sprinklers, foundation improvements, roofing, windows, exterior finishes, gutters, and architectural steel staircases. Inside the residences, The Surf House offers a polished coastal living environment with contemporary finishes and practical in-unit amenities. Units feature quartz countertops, custom-style cabinetry, designer tile accents, stainless-steel appliances, luxury vinyl plank flooring, in-unit laundry, individual split-system HVAC, and dedicated outdoor areas, including patios or rooftop decks. Select homes further benefit from scenic ocean and bay views, adding to the property’s lifestyle appeal. Located just six blocks from the beach and within immediate reach of Garnet Avenue’s restaurants, shops, cafés, and nightlife, the property is well positioned to attract renters seeking both convenience and coastal access.

1478 Hornblend St, Pacific Beach/Mission Beach

$1,299,000

PTP2606274 MLS ⋅ ACTIVE Status

Attn Builders and󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 Investors! Opportunity Zone Buyers! Seller has plans to turn existing 5 Unit property to 10 Units all within exising SFT. 5 studios and 5 one bedrooms aprtments. 1 unit is affordable. No new construction. All construction within confines of exisintg SFT. Permits are paid for. Seller will transfer plans and paid for permits to new buyer. Can start construction immediately after purchase. Attn Builders and Investors! Opportunity Zone Buyers! Seller has plans to turn existing 5 Unit property to 10 Units all within exising SFT. 5 studios and 5 one bedrooms aprtments. 1 unit is affordable. No new construction. All construction within confines of exisintg SFT. Permits are paid for. Seller will transfer plans and paid for permits to new buyer. Can start construction immediately after purchase.

247 Euclid Ave, Encanto

$2,190,000

7 Beds ⋅ 5 Baths ⋅ 260020101 MLS ⋅ ACTIVE Status ⋅ Na BLDG.

4-unit property offers an opportunity to own a well-maintained four-unit investment in coastal Oceanside, approximately eight blocks from the beach and minutes from Downtown Oceanside. The property consists of 3x 2BD/1BA 1x 1BD/1BA unit, plus EXTRA laundry room for additional income. The units have been extensively updated and maintained under current ownership, offering a more turnkey entry into multifamily ownership. COASTAL location, and owner-occupant potential, the property is well suited for an investor looking to step up from a single rental, a 1031 exchange buyer, or an owner-user looking to offset housing costs with rental income. INTERIOR PHOTOS AVAILABLE!!

616 N Nevada, Oceanside

$1,225,000

6 Beds ⋅ 4 Baths ⋅ 260019989 MLS ⋅ ACTIVE Status ⋅ Chula Vista BLDG.

479 Shy Lane offers two fully detached, single-story 3-bedroom/2-bathroom homes on an oversized 10,454 SF lot in a quiet, dead-end pocket of Chula Vista — smart for owner-occupants and investors alike. Live in the updated 1982 back home and rent the 1963 front home (new roof '21, windows '23) at market rent to meaningfully offset your housing cost vs. a standalone 3BR/2BA. Bringing the long-term tenant's rent to market pushes the cap rate to a pro forma ~5%+. Each home is separately metered, tenants pay all utilities, minutes from Walmart, Costco, and freeway access, and the R1 lot may allow room to expand or add an ADU (buyer to verify).

479 Shy Ln, Chula Vista

$1,042,000

4 Beds ⋅ 2 Baths ⋅ 260019980 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.

2 on 1 in the heart of Alpine with true walkability-both detached homes are licensed for short term rental. Super clean, useable property, with valuable zoning and licenses. Both homes have fully upgraded interiors, huge concrete parking area, fully fenced, premium Alpine property! Full RV hookups to boot.

2233-35 W Victoria, Alpine

$1,149,000

4 Beds ⋅ 2 Baths ⋅ PW26176915 MLS ⋅ ACTIVE Status

Discover a truly unique opportunity with this charming historic Craftsman property, centrally located and offeringtwo separate residences, each featuring2 bedrooms and 1 bathroom. Both homes enjoy their ownprivate garage, washer and dryer hookups, and generous private yard space, creating a wonderful sense of independence and privacy. Surrounded by mature trees and lush landscaping, the property offers a peaceful, secluded atmosphere that helps minimize outdoor noise and provides each residence with its own quiet outdoor retreat. Full of character and Craftsman charm, this property offers incredible versatility. Whether you're looking tolive in one home and rent the other, accommodate extended family, or add a distinctive property to your investment portfolio, the possibilities are exciting. Two homes, private garages, spacious yards, mature trees, and plenty of characterall on one unique property.A special opportunity you wont want to miss! Discover a truly unique opportunity with this charming historic Craftsman property, centrally located and offeringtwo separate residences, each featuring2 bedrooms and 1 bathroom. Both homes enjoy their ownprivate garage, washer and dryer hookups, and generous private yard space, creating a wonderful sense of independence and privacy. Surrounded by mature trees and lush landscaping, the property offers a peaceful, secluded atmosphere that helps minimize outdoor noise and provides each residence with its own quiet outdoor retreat. Full of character and Craftsman charm, this property offers incredible versatility. Whether you're looking tolive in one home and rent the other, accommodate extended family, or add a distinctive property to your investment portfolio, the possibilities are exciting. Two homes, private garages, spacious yards, mature trees, and plenty of characterall on one unique property.A special opportunity you wont want to miss!

3975-77 8th Ave, Mission Hills

$650,000

PTP2606234 MLS ⋅ ACTIVE Status

Two detached houses󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 on one 5,897 square foot lot in the Fairmount Village neighborhood of City Heights. The front house is a one bedroom, one bath of approximately 400 sq ft built in 1950. The rear house is a two bedroom, one bath of approximately 1,035 sq ft built in 1924. Both houses include enclosed porch and bonus room areas beyond the recorded square footage. Both houses are vacant and need full renovation, and the property is offered as is. This is a fixer and value add project with ADU potential, suited to investors and developers. The lot is level with alley access, and CUPD-CU-1-2 zoning allows residential and light commercial use. The property is blocks from the University Ave commercial corridor with direct access to the I-15 and SR-94. Easy to show, buyer to verify all information. Two detached houses on one 5,897 square foot lot in the Fairmount Village neighborhood of City Heights. The front house is a one bedroom, one bath of approximately 400 sq ft built in 1950. The rear house is a two bedroom, one bath of approximately 1,035 sq ft built in 1924. Both houses include enclosed porch and bonus room areas beyond the recorded square footage. Both houses are vacant and need full renovation, and the property is offered as is. This is a fixer and value add project with ADU potential, suited to investors and developers. The lot is level with alley access, and CUPD-CU-1-2 zoning allows residential and light commercial use. The property is blocks from the University Ave commercial corridor with direct access to the I-15 and SR-94. Easy to show, buyer to verify all information.

3724-30 Euclid Ave, East San Diego

$1,200,000

260019877 MLS ⋅ ACTIVE Status

Fantastic opportunity for󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 an owner/operator/investor. This very attractive building is in a very desirable location in the heart of the business district in University Heights. Current tenant is a coffee shop. Building has grease trap, but no walk in fridge or a hood. Plus a loft above the cafe space. Live and work in the same location, rent out both spaces or own a piece of history in the heart of this popular urban neighborhood. This is a once in a lifetime opportunity. Don't miss out!

1733-37 Adams Ave, Normal Heights

$1,125,000

3 Beds ⋅ 3 Baths ⋅ 260019871 MLS ⋅ ACTIVE Status ⋅ San Diego BLDG.

BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.2M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.3 in place cap rate and 6.0 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. Ask listing agent about potential HUGE 6 figure tax depreciation strategy available. The property yields a well designed mix of all 1BR 1BA units. Off street parking includes a garage, and select units enjoy outdoor spaces on patios. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.

2054-58 N Highland Ave, Logan Heights

$2,200,000

260019784 MLS ⋅ ACTIVE Status

Rare opportunity to own a beautifully renovated multi family property in the heart of Hillcrest. The property features a duplex house in the front with a triplex in the back, along with three garages and two additional parking spaces accessed from the alley. Major improvements include a new roof, updated plumbing, updated electrical and high end appliances throughout, allowing a new owner to step into a truly turnkey investment. The property is fully fenced and has a proven Airbnb rental history with strong income and future reservations already in place, providing immediate cash flow potential, subject to local regulations. Whether you’re looking for a high performing investment, a long term hold or an owner occupied opportunity with additional rental income, this is a property that rarely becomes available in such a prime Hillcrest location.

3852 1st Ave, Mission Hills

$2,200,000

6 Beds ⋅ 6 Baths ⋅ 260019782 MLS ⋅ ACTIVE Status

3856 First Avenue offers a rare multifamily opportunity in the heart of Hillcrest, one of San Diego’s most desirable and walkable neighborhoods. The property features a house in the front with a triplex in the rear, giving the property a unique and versatile layout. The rear building includes 3 garages plus 2 additional parking spaces accessed from the alley, providing valuable off street parking. Major capital improvements have already been completed, including a brand new roof, replaced electrical and replaced plumbing. Excellent opportunity for an investor or owner user looking for a well located Hillcrest property with multiple income streams, major improvements already completed and long term upside.

3856 First Ave, Mission Hills

$845,000

3 Beds ⋅ 3 Baths ⋅ 260019753 MLS ⋅ ACTIVE Status ⋅ Na BLDG.

NEW PRICE—MOTIVATED SELLERS! Welcome to 3655 44th St, a versatile two-unit property offering an outstanding opportunity for investors, multigenerational living, or an owner-occupant seeking rental income to help offset their mortgage. The main residence features two bedrooms and two bathrooms, newly installed bedroom carpeting, beautifully refinished hardwood floors, a light-filled living room with a charming fireplace, and an updated kitchen with ample cabinetry and stainless-steel appliances. The separate one-bedroom, one-bath rear unit has been recently renovated with an updated kitchen and bathroom, durable flooring, contemporary finishes, and a fresh modern interior. Owned solar provides additional value and energy efficiency. Located in Fairmount Village, the property offers convenient access to shopping, dining, public transportation, SDSU, Balboa Park, Downtown San Diego, and nearby communities including North Park, Normal Heights, Kensington, and Talmadge. With two separate living spaces, strong income-producing potential, and a newly reduced price, this centrally located property presents a compelling opportunity. Sellers are motivated—bring your offer!

3655 44th St, East San Diego

4921-23 Gary St, Talmadge/San Diego Central

$1,350,000

6 Beds ⋅ 3 Baths ⋅ 260019718 MLS ⋅ ACTIVE Status ⋅ College Area BLDG.

4921-23 Gary St󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 is a brand-new construction duplex in the heart of the SDSU rental community, offering a rare turnkey investment opportunity. The property features a spacious 5BD/2BA unit alongside a 1BD/1BA unit, generating $8,340/month in combined rental income in one of San Diego's most consistently in-demand rental markets. Both units offer beautiful, brand-new interiors with zero deferred maintenance, giving new ownership immediate cash flow from day one. Driveway parking adds valuable convenience in a submarket where off-street parking is highly sought after. Ideally positioned near SDSU, transit, and neighborhood retail, this asset offers strong leasing velocity and long-term rental stability.

4921-23 Gary St, Talmadge/San Diego Central

$2,395,000

5 Beds ⋅ 5 Baths ⋅ 260019680 MLS ⋅ ACTIVE Status ⋅ . BLDG.

Artful design by architect Jeff Svitka brings an immaculate 1920s craftsman to life with a seamless modern masterpiece creating this unique four unit income property in the heart of North Park Priced to sell. This incredibly well-performing income property stays constantly occupied and commands a premium in one of San Diego's strongest rental markets. The 2 bed plus office / 2 bath Craftsman has been tastefully remodeled while maintaining the charm that is so highly desired and expected in a historic 1920s craftsman and sit's very privately on the lot with it's own private yard. In the back, the 3 story build completed in 2023 is a work of art that combines modern aesthetic and outdoor living into remarkable units adorned with high end finishes including wood floors and handmade tiles. The impressive glass walls flood each unit with light and the integrated gardens bring life to each unit. The third floor has panoramic views through to the Coronado bridge and the rooftop prepped for a rooftop deck enclosed with gardens presenting an opportunity to add immediate value to the property. All units are separately metered for gas and electric. There are 2 water meters. Owned Solar. In-Unit laundry for each unit. AC for each unit. Parking for each unit including 2 garages.

3760-66 Pershing Ave, North Park

728 Jamaica Ct, Pacific Beach/Mission Beach

$2,999,000

4 Beds ⋅ 3 Baths ⋅ PTP2606117 MLS ⋅ ACTIVE Status

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

728 Jamaica Ct, Pacific Beach/Mission Beach

$3,100,000

16 Beds ⋅ 11 Baths ⋅ 260019642 MLS ⋅ ACTIVE Status

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

4022 42nd St, East San Diego

$1,450,000

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

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

2048-52 N Highland Ave, Logan Heights

$1,890,000

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

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

4135-39 32nd St, North Park

$999,999

6 Beds ⋅ 4 Baths ⋅ 260019460 MLS ⋅ ACTIVE Status

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

3844-46 49th St, East San Diego

$10,250,000

NDP2607474 MLS ⋅ ACTIVE Status

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

225 S Hwy 101, Solana Beach

$1,525,000

6 Beds ⋅ 3 Baths ⋅ CV26171205 MLS ⋅ ACTIVE Status

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

1221 Florida St, Imperial Beach

$1,789,000

8 Beds ⋅ 6 Baths ⋅ PTP2605975 MLS ⋅ ACTIVE Status

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

249 Del Mar Ave, Chula Vista

3423 & 3443 Marlborough Ave, East San Diego

$6,349,000

40 Beds ⋅ 40 Baths ⋅ 260019215 MLS ⋅ ACTIVE Status

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

3423 & 3443 Marlborough Ave, East San Diego

$800,000

3 Beds ⋅ 2 Baths ⋅ NDP2607364 MLS ⋅ ACTIVE Status

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

1343-45 Highland Ave, National City

$765,000

2 Beds ⋅ 1 Baths ⋅ NDP2607359 MLS ⋅ ACTIVE Status

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

1525-27 S 42nd St, Logan Heights

$1,258,000

NDP2607340 MLS ⋅ ACTIVE Status

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

3606 Florida, North Park

$3,600,000

11 Beds ⋅ 7 Baths ⋅ 260019023 MLS ⋅ ACTIVE Status

!!!BRING ALL OFFERS!!! 2175–2177 Bacon Street presents a fully renovated seven-unit apartment community located approximately three blocks from the beach in Ocean Beach. Extensively remodeled from the studs in 2026, the property includes four two-bedroom residences, two one-bedroom residences, and a detached one-bedroom casita with a den and private fenced yard. Improvements include upgraded kitchens and bathrooms, stainless steel appliances, contemporary flooring, in-unit laundry, central air conditioning, dual-pane windows, and modern finishes throughout. Additional amenities include two single-car garages, limited exterior storage accommodations, and select private outdoor spaces. The garages and storage provide supplemental rental income. !!!BRING ALL OFFERS!!! Located within walking distance of Ocean Beach's restaurants, cafés, shopping, and coastal attractions, the property offers a turnkey investment opportunity in one of San Diego's most desirable beach communities. Buyer to verify all property information, including unit count, square footage, permits, and income and expense figures.

2175-77 Bacon St, Ocean Beach (OB)

$2,300,000

260019015 MLS ⋅ ACTIVE Status

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

2560-66 Alpine Blvd, Alpine

$2,450,000

8 Beds ⋅ 6 Baths ⋅ PTP2605877 MLS ⋅ ACTIVE Status

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

4153-55 Utah St, North Park

$1,199,000

PTP2605843 MLS ⋅ ACTIVE Status

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

4240-4244 Gamma St, Logan Heights

$2,850,000

8 Beds ⋅ 6 Baths ⋅ 260018858 MLS ⋅ ACTIVE Status

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

658-660 Santa Fe Dr, Encinitas

849-855 Emerald St, Pacific Beach/Mission Beach

$4,595,000

PTP2605821 MLS ⋅ ACTIVE Status

Rare coastal holding󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 in Pacific Beach. One and a half blocks to the sand on Emerald Street; a sub-five-minute walk to Crystal Pier, the Mission Beach boardwalk, and Garnet Avenue dining and retail. Property comprised of four 2BR and three 1BR apartments, substantially renovated in 2018 and maintained through an ongoing capital program. Rare coastal holding in Pacific Beach. One and a half blocks to the sand on Emerald Street; a sub-five-minute walk to Crystal Pier, the Mission Beach boardwalk, and Garnet Avenue dining and retail. Property comprised of four 2BR and three 1BR apartments, substantially renovated in 2018 and maintained through an ongoing capital program.

849-855 Emerald St, Pacific Beach/Mission Beach

$2,875,000

6 Beds ⋅ 5 Baths ⋅ 260018793 MLS ⋅ ACTIVE Status

SELLER FINANCING AVAILABLE: 5% Interest Only | 2-3 Year Term | $1.2M Down Payment Originally constructed in 1953 and reimagined through a comprehensive 2024 renovation, Point Thirty is positioned on an approximately 0.12-acre lot and offers ±3,197 rentable square feet of elevated living space. Point Thirty carries the character that has long defined Old Point Loma: historic, graceful architecture, a peninsula setting that has never lost its pull, and a lifestyle shaped by the bay just beyond the block. The top-to-bottom renovation honors that heritage while layering in contemporary selections throughout. A multi-tone color palette brings warmth and dimension to the interiors, high-end finishes carry a consistent standard of quality from unit to unit, and well-planned custom lighting and fixtures, inside and out, add both security and beauty after dark. The unit mix consists of four (1-bedroom / 1-bathroom) units and one (2-bedroom / 1-bathroom) unit, appealing to a wide range of renters including young professionals, military personnel, couples, and long-term residents seeking a refined standard of housing in one of San Diego's premier coastal communities. Among them is a newly constructed, freestanding bungalow with no shared walls and its own privacy-fenced yard. Every home offers an LG full-size stackable washer and dryer, an LG dishwasher, remote-controlled mini-split air conditioning, and thoughtfully updated modern interiors.

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

$1,725,000

12 Beds ⋅ 6 Baths ⋅ 260018754 MLS ⋅ ACTIVE Status

3960-68 Helix offers a residential environment rarely found in traditional multifamily communities: four detached single family homes, each with its own single car garage, along with a two story duplex. Ample on site parking, private outdoor areas, & strong curb appeal further reinforce the property's residential character. All six units have been thoughtfully renovated with dual pane windows, quartz countertops, new cabinetry & vanities, luxury vinyl plank flooring, & scraped ceilings. Every residence also includes a private yard & in unit laundry. Combined with well maintained improvements & a desirable unit mix, the property delivers a living experience that supports strong tenant retention & long term occupancy. Beyond base rental income, the property benefits from two additional revenue streams that enhance overall returns. A Ratio Utility Billing System (RUBS) allows the owner to recapture a portion of water, sewer, & trash expenses directly from tenants based on occupancy, square footage, or a similar allocation method, reducing the property's net expense load without the capital cost of individually metering each unit. The property also generates billboard & signage income, providing a stable, non rental revenue stream that is largely insulated from vacancy & turnover risk. Together, these ancillary income sources supplement in place rents & give investors a diversified, less rent dependent income profile — a compelling feature for a value add asset of this size.

3960-68 Helix St, Spring Valley

$2,750,000

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

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

2804-6 S Grade Rd, Alpine

$1,265,000

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

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

4225 Central Ave, East San Diego

2003 Emerald St, Pacific Beach/Mission Beach

$3,950,000

10 Beds ⋅ 8 Baths ⋅ 260018607 MLS ⋅ ACTIVE Status

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

2003 Emerald St, Pacific Beach/Mission Beach

$1,688,888

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

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

1195 Georgia St, Imperial Beach

$1,150,000

PTP2605735 MLS ⋅ ACTIVE Status

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

1470 Marline Ave, El Cajon

5270-72 Manhasset Dr, Talmadge/San Diego Central

$1,895,000

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

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

5270-72 Manhasset Dr, Talmadge/San Diego Central

$938,000

4 Beds ⋅ 2 Baths ⋅ 260018456 MLS ⋅ ACTIVE Status

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

4251-53 Pepper Dr, East San Diego

$2,000,050

33 Beds ⋅ 21 Baths ⋅ 260018421 MLS ⋅ ACTIVE Status

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

4495 Clairemont Dr, Clairemont/Bay Park

$1,364,900

7 Beds ⋅ 6 Baths ⋅ PTP2605686 MLS ⋅ ACTIVE Status

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

230 Zenith St, Chula Vista

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