Sorrento Mesa Real Estate Search

Sorrento Mesa Multi-Family Properties for Sale

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Newest Sorrento Mesa Multi-Family Homes for Sale

267 Alestar, Vista
$1,450,000
8 Beds ⋅ 7 Baths ⋅ ND26137762 MLS ⋅ ACTIVE Status
267 Alestar St presents an attractive four-unit investment opportunity on a desirable corner lot in the heart of Vista, offering investors a well-maintained, professionally managed asset with significant capital improvements and updates to many of the propertys major systems. The approximately 4,260-square-foot property features an attractive unit mix of (1) Three-bedroom, Two-bath unit, (2) Two-bedroom, Two-bath units, and (1) One-bedroom, One-bath unit. The unusually spacious floor plans provide highly desirable living space for tenants, with each unit offering an assigned carport parking space with private storage, plus an individual patio or balcony. Ownership benefits from numerous completed capital improvements designed to enhance long-term property performance, potentially reducing near-term maintenance requirements. Major systems and building components have been updated, replaced, or completed over time, representing a significant investment in the propertys core infrastructure, including decking, railings, plumbing, and water heaters. A comprehensive full-building re-plumbing and water heater replacement project was completed in July 2026, providing a significant infrastructure upgrade for future ownership. Exterior elements have also been addressed in connection with applicable SB 721 requirements, further enhancing the property's long-term maintenance profile. The property also features low maintenance and water-wise landscape elements, helping support efficient water use while maintaining attractive outdoor areas. Both gas and electric utilities are separately 267 Alestar St presents an attractive four-unit investment opportunity on a desirable corner lot in the heart of Vista, offering investors a well-maintained, professionally managed asset with significant capital improvements and updates to many of the propertys major systems. The approximately 4,260-square-foot property features an attractive unit mix of (1) Three-bedroom, Two-bath unit, (2) Two-bedroom, Two-bath units, and (1) One-bedroom, One-bath unit. The unusually spacious floor plans provide highly desirable living space for tenants, with each unit offering an assigned carport parking space with private storage, plus an individual patio or balcony. Ownership benefits from numerous completed capital improvements designed to enhance long-term property performance, potentially reducing near-term maintenance requirements. Major systems and building components have been updated, replaced, or completed over time, representing a significant investment in the propertys core infrastructure, including decking, railings, plumbing, and water heaters. A comprehensive full-building re-plumbing and water heater replacement project was completed in July 2026, providing a significant infrastructure upgrade for future ownership. Exterior elements have also been addressed in connection with applicable SB 721 requirements, further enhancing the property's long-term maintenance profile. The property also features low maintenance and water-wise landscape elements, helping support efficient water use while maintaining attractive outdoor areas. Both gas and electric utilities are separately metered, helping minimize operating expenses. An on-site laundry room with professionally managed washer and dryer equipment provides an additional income stream for ownership. Ideally located near Downtown Vista, the property offers residents convenient access to popular restaurants, breweries, the Vista Magnet School, Library, and Civic Center. With its spacious unit mix, separately metered utilities, additional laundry income, desirable corner-lot location, and substantial investment in major building systems and capital improvements, 267 Alestar St represents a compelling opportunity to acquire a well-maintained multifamily asset in Vista. PLEASE DO NOT WALK THE PROPERTY OR DISTURB TENANTS.

267 Alestar, Vista

4250-52 Cleveland St, Mission Hills
$2,900,000
8 Beds ⋅ 11 Baths ⋅ 260015306 MLS ⋅ ACTIVE Status
Prime investment opportunity!󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 High-quality, turn-key 4-plex perfectly situated on the desirable Hillcrest side of University Heights. You walk to the best Hillcrest has to offer, steps to the Pride/Normal Street Promenade! This exceptional property is a true investment jewel, featuring a luxury triplex constructed new in 2020 alongside a completely and beautifully rehabilitated classic Craftsman bungalow.The entire property is lushly and professionally landscaped, offering fantastic curb appeal. The 3 modern triplex units are bright, sunny, and spacious, each boasting a thoughtful 2-bedroom, 2.5-bathroom floor plan. These units feature high-end designer kitchens and baths, central forced air conditioning, and full-sized in-unit laundry for maximum tenant comfort. For ultimate convenience and security, an automatic gate accessible via the alley opens to a large, secure parking area providing access to 3 two-car garages. Each triplex unit enjoys a private interior entrance directly from its garage. In total, the property features 7 off-street parking spaces—an incredibly valuable asset in this high-demand, growing neighborhood. The charming detached front Craftsman house is a character-rich 2-bedroom, 2-bathroom home that includes one dedicated parking space. Financial information is 2025 actual income and expenses. Additional income includes a consistent utility water and trash pass-through program. Unit 1 will be readily available for showings for the next two weeks only. Don't miss out on this pristine, low-maintenance asset in one of San Diego’s best rental markets!

4250-52 Cleveland St, Mission Hills

3364 A St, Golden Hill
$1,275,000
4 Beds ⋅ 2 Baths ⋅ NDP2606005 MLS ⋅ ACTIVE Status
Tucked into one of San Diego's most beloved neighborhoods, this charming side-by-side duplex sits elevated above the street, surrounded by mature trees that provide natural shade, privacy, and that unmistakable South Park character. Both units are two bedrooms and one bath, and both have been thoughtfully updated with modern kitchens, refreshed bathrooms, luxury vinyl flooring, and newer windows. Forced air heating and cooling keeps things comfortable year-round, and the larger unit enjoys a private backyard, perfect for outdoor living. Unit 3366 also featires a bonus room, offering additional flex space not reflected in the listed square footage. The income-producing unit carries a short-term rental license and has been generating over $50,000 annually in gross Airbnb revenue, with a strong track record already in place. Whether you continue the short-term rental strategy, shift to long-term tenants, or owner-occupy and let the income work for you, the upside here is tangible. South Park is the kind of neighborhood people fall in love with and never want to leave. Independent cafes, local boutiques, and standout restaurants are all within walking distance, and the community itself is warm, walkable, and full of character. Within 15 minutes you can be at the San Diego Airport, Downtown, Coronado Beach, Balboa Park, or the Naval Medical Center. Tucked into one of San Diego's most beloved neighborhoods, this charming side-by-side duplex sits elevated above the street, surrounded by mature trees that provide natural shade, privacy, and that unmistakable South Park character. Both units are two bedrooms and one bath, and both have been thoughtfully updated with modern kitchens, refreshed bathrooms, luxury vinyl flooring, and newer windows. Forced air heating and cooling keeps things comfortable year-round, and the larger unit enjoys a private backyard, perfect for outdoor living. Unit 3366 also featires a bonus room, offering additional flex space not reflected in the listed square footage. The income-producing unit carries a short-term rental license and has been generating over $50,000 annually in gross Airbnb revenue, with a strong track record already in place. Whether you continue the short-term rental strategy, shift to long-term tenants, or owner-occupy and let the income work for you, the upside here is tangible. South Park is the kind of neighborhood people fall in love with and never want to leave. Independent cafes, local boutiques, and standout restaurants are all within walking distance, and the community itself is warm, walkable, and full of character. Within 15 minutes you can be at the San Diego Airport, Downtown, Coronado Beach, Balboa Park, or the Naval Medical Center.

3364 A St, Golden Hill

4471 Louisiana St, Normal Heights
$2,995,000
8 Beds ⋅ 8 Baths ⋅ 260015131 MLS ⋅ ACTIVE Status
We are pleased󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 to present exclusively for sale 4471 Louisiana Street, a newly constructed and extensively renovated 7-unit apartment community located in the highly desirable University Heights neighborhood of San Diego. Situated on a quiet residential street, the property presents a rare opportunity for both an owner-occupant and passive investor to acquire a turnkey, condo-quality asset in one of San Diego’s most walkable and supply-constrained urban submarkets. The property features a well-balanced unit mix comprised of one (1) twobedroom / two-bath detached house (approximately 800 square feet), four (4) one-bedroom / one-bath units (approximately 575 square feet each), and two (2) newly constructed one-bedroom ADU units (approximately 425 square feet each). The entire property has undergone extensive improvements and was either newly constructed or renovated to the studs in 2026, resulting in a cohesive, design-forward community with modern finishes and minimal deferred maintenance. All units are currently leased and tenants reimburse utilities, helping minimize operating expenses and support strong in-place cash flow. The property also includes six off-street parking spaces, with four spaces accessed from the alley and two additional front parking spaces, a valuable amenity in this highly walkable neighborhood. Located in the heart of University Heights, residents benefit from immediate access to a vibrant mix of restaurants, coffee shops, bars, boutique retail, and neighborhood amenities along Park Boulevard and Adams Avenue. The property is also just minutes from No

4471 Louisiana St, Normal Heights

3305-3309 Clairemont Mesa Blvd, Clairemont/Bay Park
$3,475,000
PTP2604719 MLS ⋅ ACTIVE Status
Rare opportunity to acquire a newly constructed six-unit multifamily property in the highly desirable Clairemont Mesa/Bay Park submarket. The property consists of five 2BR/1BA and one 1BR/1BA across three (3) buildings totaling approximately 4,650 SF on a 6,083 SF lot. Completed in 2026, the property features modern construction, low-maintenance systems, contemporary finishes, alley-accessed parking, and two private rooftop decks. Unit Mix - 3 Duplexes - 6 Units One, One-Story Duplex with 1) 1BR/1BA & 1) 2BR/1BA units Two, Two-Story Duplexes each 2) 2BR/1BA units Centrally located with convenient access to Interstate 805, SR-52, SR-163, Mission Valley, UTC, USD, beaches, and major employment centers. One unit is subject to affordable housing restrictions. Buyer to verify all information, including square footage, unit configuration, zoning, permits, restrictions, and condition prior to close of escrow. Rare opportunity to acquire a newly constructed six-unit multifamily property in the highly desirable Clairemont Mesa/Bay Park submarket. The property consists of five 2BR/1BA and one 1BR/1BA across three (3) buildings totaling approximately 4,650 SF on a 6,083 SF lot. Completed in 2026, the property features modern construction, low-maintenance systems, contemporary finishes, alley-accessed parking, and two private rooftop decks. Unit Mix - 3 Duplexes - 6 Units One, One-Story Duplex with 1) 1BR/1BA & 1) 2BR/1BA units Two, Two-Story Duplexes each 2) 2BR/1BA units Centrally located with convenient access to Interstate 805, SR-52, SR-163, Mission Valley, UTC, USD, beaches, and major employment centers. One unit is subject to affordable housing restrictions. Buyer to verify all information, including square footage, unit configuration, zoning, permits, restrictions, and condition prior to close of escrow.

3305-3309 Clairemont Mesa Blvd, Clairemont/Bay Park

813-15 Isthmus Ct, Pacific Beach/Mission Beach
$3,740,000
10 Beds ⋅ 6 Baths ⋅ 260014969 MLS ⋅ ACTIVE Status ⋅ Mission Bay Park BLDG.
We are pleased to present 813–815 Isthmus Court, a rare & highly renovated duplex investment opportunity located in the heart of Mission Beach, one of San Diego’s most desirable coastal neighborhoods. Situated on a 0.06-acre lot and totaling approximately 3,207 square feet, the property offers an exceptional combination of location, functionality, and income potential just steps from the Pacific Ocean. The property consists of two fully furnished spacious turnkey residential units featuring a combined ten-bedroom layout. Each residence offers three bathrooms, vaulted ceilings, private balconies, in-unit stackable washer and dryers, tankless water heaters, and dual pain windows all under a new roof, creating an attractive living environment for both owner-occupants and renters. Both units include off street parking a highly valuable amenity in the Mission Beach market. Positioned just steps from Belmont Park, the Mission Beach Boardwalk, Starbucks, restaurants, shopping, and world-class beaches, the property benefits from one of San Diego’s strongest coastal rental markets. The flexible configuration provides an opportunity for an owner-user to occupy one unit while generating income from the other, or for investors to capitalize on the area's strong long-term and vacation rental demand. With its premier location and unique unit composition, 813–815 Isthmus Court represents a compelling opportunity to acquire a well-positioned coastal asset in a high-barrier-to-entry market.

813-15 Isthmus Ct, Pacific Beach/Mission Beach

1313 E 9th St, National City
$1,050,000
3 Beds ⋅ 3 Baths ⋅ NDP2605888 MLS ⋅ ACTIVE Status
We're pleased to present East 9th Street Apartments, a 4-unit multifamily investment opportunity located at 1313-1319 E 9th Street in National City, California. The property consists of four one-bedroom/one-bath units totaling approximately 1,600 square feet and is situated on an approximately 10,771 square foot lot. Built in 1962, the asset offers investors stable in-place income, strong rental demand, and future upside in one of San Diego County's most active multifamily submarkets. The property benefits from separate gas and electric metering, reducing operating expenses and improving management efficiency. Residents enjoy the convenience of 5+ on-site parking spaces, while ownership currently provides water and trash service. The property's straightforward unit mix, efficient layout, and large land component create an attractive investment opportunity with both operational stability and long-term appreciation potential. Ideally located in the heart of National City, the property is within walking distance of Plaza Boulevard, offering tenants convenient access to grocery stores, restaurants, coffee shops, banking services, and daily necessities. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing excellent connectivity to major employment centers throughout the region. National City continues to attract investors and residents alike due to its affordability relative to the broader San Diego market, ongoing redevelopment initiatives, and strong workfo We're pleased to present East 9th Street Apartments, a 4-unit multifamily investment opportunity located at 1313-1319 E 9th Street in National City, California. The property consists of four one-bedroom/one-bath units totaling approximately 1,600 square feet and is situated on an approximately 10,771 square foot lot. Built in 1962, the asset offers investors stable in-place income, strong rental demand, and future upside in one of San Diego County's most active multifamily submarkets. The property benefits from separate gas and electric metering, reducing operating expenses and improving management efficiency. Residents enjoy the convenience of 5+ on-site parking spaces, while ownership currently provides water and trash service. The property's straightforward unit mix, efficient layout, and large land component create an attractive investment opportunity with both operational stability and long-term appreciation potential. Ideally located in the heart of National City, the property is within walking distance of Plaza Boulevard, offering tenants convenient access to grocery stores, restaurants, coffee shops, banking services, and daily necessities. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing excellent connectivity to major employment centers throughout the region. National City continues to attract investors and residents alike due to its affordability relative to the broader San Diego market, ongoing redevelopment initiatives, and strong workforce housing demand. With approximately 14% projected rental upside, ample parking, utility efficiencies, and a highly desirable South Bay location, East 9th Street Apartments presents a compelling opportunity for investors seeking both current income and future growth potential. Buyer to verify all property information, including but not limited to square footage, lot size, parking count, utility metering, condominium provisions, title matters, deed restrictions, financial information, market rental assumptions, and all development or ownership-related considerations. Buyer should review all preliminary title reports and conduct independent due diligence.

1313 E 9th St, National City

1704 B Ave, National City
$1,200,000
1 Beds ⋅ 2 Baths ⋅ NDP2605805 MLS ⋅ ACTIVE Status
We're pleased to present B Avenue Apartments, a 5-unit multifamily investment opportunity located at 1704-1712 B Avenue in National City, California. Situated on an approximately 4,827 square foot lot, the property consists of five apartment units totaling approximately 2,272 square feet and features a desirable unit mix of (4) one-bedroom/one-bath units and (1) studio unit. Built in 1955, the property offers investors stable in-place income, operational efficiency, and the opportunity for continued appreciation in one of San Diego County's most active rental markets. The property benefits from separate gas metering and features several attractive tenant amenities, including private yards, updated interiors, and a desirable residential setting. Ownership has completed renovations to four of the five units, including upgrades featuring wood cabinetry and quartz countertops, providing a modern living environment while minimizing near-term capital expenditures. Water, trash, and certain common-area utilities are currently provided by ownership. Located in the heart of National City, the property offers residents convenient access to major employment centers, shopping, dining, schools, and public transportation. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing exceptional connectivity throughout San Diego County. The surrounding area continues to benefit from ongoing redevelopment, infrastructure investment, and increasing demand for quality workforce ho We're pleased to present B Avenue Apartments, a 5-unit multifamily investment opportunity located at 1704-1712 B Avenue in National City, California. Situated on an approximately 4,827 square foot lot, the property consists of five apartment units totaling approximately 2,272 square feet and features a desirable unit mix of (4) one-bedroom/one-bath units and (1) studio unit. Built in 1955, the property offers investors stable in-place income, operational efficiency, and the opportunity for continued appreciation in one of San Diego County's most active rental markets. The property benefits from separate gas metering and features several attractive tenant amenities, including private yards, updated interiors, and a desirable residential setting. Ownership has completed renovations to four of the five units, including upgrades featuring wood cabinetry and quartz countertops, providing a modern living environment while minimizing near-term capital expenditures. Water, trash, and certain common-area utilities are currently provided by ownership. Located in the heart of National City, the property offers residents convenient access to major employment centers, shopping, dining, schools, and public transportation. The asset is strategically positioned near Interstate 5, Interstate 805, State Route 54, Downtown San Diego, Naval Base San Diego, and the National City waterfront, providing exceptional connectivity throughout San Diego County. The surrounding area continues to benefit from ongoing redevelopment, infrastructure investment, and increasing demand for quality workforce housing. National City remains one of San Diego County's most affordable and investment-oriented submarkets, attracting residents seeking convenient access to employment centers and coastal amenities. With a strong unit mix, renovated interiors, utility efficiencies, and long-term rental demand fundamentals, B Avenue Apartments presents an attractive opportunity for investors seeking both stable cash flow and future upside potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, utility metering, parking availability, permits, financial information, and market rental assumptions.

1704 B Ave, National City

678 Jefferson Ave, Chula Vista
$1,300,000
2 Beds ⋅ 2 Baths ⋅ NDP2605806 MLS ⋅ ACTIVE Status
We're pleased to present Jefferson Apartments, a 5-unit multifamily investment opportunity located at 678 Jefferson Avenue in Chula Vista, California. Situated on an approximately 8,285 square foot lot, the property consists of five units totaling approximately 2,464 square feet and features a unique unit mix of (1) two-bedroom/one-bath detached house and (4) studio units. Constructed in 1955, the property offers investors stable cash flow, strong rental demand, and significant upside through continued rental growth and strategic property enhancements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while improving operational efficiency. Additional amenities include eight on-site parking spaces consisting of one garage, one carport, and six surface spaces, with tenants responsible for dumpster service. The detached two-bedroom home offers privacy and strong tenant appeal, while the studio units provide an efficient and highly sought-after rental product in the South Bay market. Recent ownership improvements include a roof repair completed in April 2025, contributing to the property's long-term stability. Located in the heart of Chula Vista, Jefferson Apartments offers residents convenient access to major employment centers, retail destinations, restaurants, schools, and public transportation. The property is strategically positioned near Interstate 5, Interstate 805, Downtown Chula Vista, the Chula Vista Bayfront redevelopment, and the new Gaylord Pacific Resort & Convention Center, providing tenants with exceptiona We're pleased to present Jefferson Apartments, a 5-unit multifamily investment opportunity located at 678 Jefferson Avenue in Chula Vista, California. Situated on an approximately 8,285 square foot lot, the property consists of five units totaling approximately 2,464 square feet and features a unique unit mix of (1) two-bedroom/one-bath detached house and (4) studio units. Constructed in 1955, the property offers investors stable cash flow, strong rental demand, and significant upside through continued rental growth and strategic property enhancements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while improving operational efficiency. Additional amenities include eight on-site parking spaces consisting of one garage, one carport, and six surface spaces, with tenants responsible for dumpster service. The detached two-bedroom home offers privacy and strong tenant appeal, while the studio units provide an efficient and highly sought-after rental product in the South Bay market. Recent ownership improvements include a roof repair completed in April 2025, contributing to the property's long-term stability. Located in the heart of Chula Vista, Jefferson Apartments offers residents convenient access to major employment centers, retail destinations, restaurants, schools, and public transportation. The property is strategically positioned near Interstate 5, Interstate 805, Downtown Chula Vista, the Chula Vista Bayfront redevelopment, and the new Gaylord Pacific Resort & Convention Center, providing tenants with exceptional connectivity and access to one of San Diego County's most active growth corridors. Chula Vista continues to experience substantial investment and redevelopment activity, driven by waterfront improvements, new hospitality projects, infrastructure investment, and sustained population growth. With a desirable coastal location, attractive unit mix, ample parking, utility efficiencies, and measurable rental upside, Jefferson Apartments presents investors with an opportunity to acquire a well-positioned multifamily asset offering both immediate income and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

678 Jefferson Ave, Chula Vista

4154-58 Estrella Ave, East San Diego
$1,700,000
3 Beds ⋅ 3 Baths ⋅ NDP2605804 MLS ⋅ ACTIVE Status
We're pleased to present 4154-4158 Estrella Avenue, a renovated 6-unit multifamily investment opportunity located in the highly accessible Colina Del Sol / City Heights submarket of San Diego. Situated on an approximately 6,291 square foot lot, the property consists of six apartment units totaling approximately 3,011 square feet and features a desirable unit mix of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. Built in 1950, the property offers investors a well-maintained asset with stable in-place income, operational efficiencies, and continued rental upside. The property has benefited from significant capital improvements, including interior and exterior renovations, new windows, upgraded common areas, and a professionally maintained communal courtyard that enhances tenant appeal and livability. Additional amenities include on-site laundry facilities and six parking spaces consisting of two single surface spaces and two tandem parking areas. The property is also separately metered for gas and electric, helping reduce operating expenses and improve management efficiency. Located in the heart of central San Diego, the property provides residents with convenient access to neighborhood shopping, dining, schools, public transportation, and major employment centers. The asset benefits from exceptional connectivity via Interstate 15, Interstate 805, and State Route 94, allowing quick access to Downtown San Diego, Mission Valley, North Park, SDSU, and numerous employment hubs throughout the region. City Heights and Colina Del Sol continue to We're pleased to present 4154-4158 Estrella Avenue, a renovated 6-unit multifamily investment opportunity located in the highly accessible Colina Del Sol / City Heights submarket of San Diego. Situated on an approximately 6,291 square foot lot, the property consists of six apartment units totaling approximately 3,011 square feet and features a desirable unit mix of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. Built in 1950, the property offers investors a well-maintained asset with stable in-place income, operational efficiencies, and continued rental upside. The property has benefited from significant capital improvements, including interior and exterior renovations, new windows, upgraded common areas, and a professionally maintained communal courtyard that enhances tenant appeal and livability. Additional amenities include on-site laundry facilities and six parking spaces consisting of two single surface spaces and two tandem parking areas. The property is also separately metered for gas and electric, helping reduce operating expenses and improve management efficiency. Located in the heart of central San Diego, the property provides residents with convenient access to neighborhood shopping, dining, schools, public transportation, and major employment centers. The asset benefits from exceptional connectivity via Interstate 15, Interstate 805, and State Route 94, allowing quick access to Downtown San Diego, Mission Valley, North Park, SDSU, and numerous employment hubs throughout the region. City Heights and Colina Del Sol continue to experience strong rental demand driven by their central location, diverse community, and ongoing neighborhood reinvestment. With an attractive unit mix, recent renovations, utility efficiencies, and proximity to major transportation corridors, 4154-4158 Estrella Avenue presents an outstanding opportunity for investors seeking both immediate cash flow and long-term appreciation potential in one of San Diego's most established urban rental markets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

4154-58 Estrella Ave, East San Diego

3753-59 N 42nd St, East San Diego
$1,250,000
7 Beds ⋅ 5 Baths ⋅ NDP2605803 MLS ⋅ ACTIVE Status
We're pleased to present Forty Second Street Apartments, a 5-unit multifamily investment opportunity located at 3753-3759 42nd Street in San Diego, California. Situated on an approximately 7,427 square foot lot, the property consists of three separate residential buildings totaling approximately 3,000 square feet and features a diverse unit mix of (1) four-bedroom/two-bath unit, (1) two-bedroom/one-bath unit, (1) one-bedroom/one-bath unit, and (2) studio units. Originally constructed in 1937, the property offers investors a unique blend of stable cash flow, strong rental demand, and significant value-add potential in the highly sought-after City Heights / Colina Del Sol submarket. The property benefits from separate gas and electric metering, helping reduce operating expenses and improve management efficiency. Additional amenities include two gated parking spaces, a secure gated entry, a communal courtyard, and supplemental income generated through parking revenue. The property's diverse unit mix appeals to a broad tenant base, ranging from individual renters to larger households seeking affordable housing options within central San Diego. Ideally located in the heart of City Heights, the property provides convenient access to major employment centers, shopping, dining, schools, and public transportation. Residents benefit from close proximity to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Kensington, and Balboa Park, making the location highly desirable for commuters and long-term tenants alike. The surrounding neighborhood continues to e We're pleased to present Forty Second Street Apartments, a 5-unit multifamily investment opportunity located at 3753-3759 42nd Street in San Diego, California. Situated on an approximately 7,427 square foot lot, the property consists of three separate residential buildings totaling approximately 3,000 square feet and features a diverse unit mix of (1) four-bedroom/two-bath unit, (1) two-bedroom/one-bath unit, (1) one-bedroom/one-bath unit, and (2) studio units. Originally constructed in 1937, the property offers investors a unique blend of stable cash flow, strong rental demand, and significant value-add potential in the highly sought-after City Heights / Colina Del Sol submarket. The property benefits from separate gas and electric metering, helping reduce operating expenses and improve management efficiency. Additional amenities include two gated parking spaces, a secure gated entry, a communal courtyard, and supplemental income generated through parking revenue. The property's diverse unit mix appeals to a broad tenant base, ranging from individual renters to larger households seeking affordable housing options within central San Diego. Ideally located in the heart of City Heights, the property provides convenient access to major employment centers, shopping, dining, schools, and public transportation. Residents benefit from close proximity to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Kensington, and Balboa Park, making the location highly desirable for commuters and long-term tenants alike. The surrounding neighborhood continues to experience reinvestment and revitalization, supporting strong rental demand and long-term appreciation prospects. With three separate buildings, a favorable unit mix, utility efficiencies, gated parking, and demonstrated rental upside, Forty Second Street Apartments presents an attractive opportunity for investors seeking a centrally located San Diego asset with both immediate income and future growth potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, rental projections, and all other material aspects of the property.

3753-59 N 42nd St, East San Diego

1121 E 6th, National City
$1,700,000
1 Beds ⋅ 1 Baths ⋅ NDP2605802 MLS ⋅ ACTIVE Status
We're pleased to present 1121 E 6th Street, a 7-unit multifamily investment opportunity located in the heart of National City, one of San Diego County's most dynamic and rapidly evolving rental markets. The property consists of seven apartment units totaling approximately 4,536 square feet situated on a 6,555 square foot lot, featuring a desirable unit mix of (1) three-bedroom/two-bath unit and (6) one-bedroom/one-bath units. Built in 1973, the property offers investors stable in-place income with significant upside through continued rent growth and strategic value-add improvements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while providing operational efficiency. Residents enjoy desirable amenities including eight on-site parking spaces, on-site laundry facilities, granite countertops, and dumpster service, enhancing tenant retention and market appeal. The property's straightforward layout and solid construction provide an ideal foundation for future upgrades designed to increase rental income and overall asset performance. Located just minutes from Downtown San Diego, Naval Base San Diego, Chula Vista, and major employment centers throughout the South Bay, the property offers tenants convenient access to shopping, dining, schools, public transportation, and essential services. The property's proximity to Interstate 5, Interstate 805, and State Route 54 provides exceptional regional connectivity, making it an attractive housing option for commuters throughout San Diego County. National City continues to experie We're pleased to present 1121 E 6th Street, a 7-unit multifamily investment opportunity located in the heart of National City, one of San Diego County's most dynamic and rapidly evolving rental markets. The property consists of seven apartment units totaling approximately 4,536 square feet situated on a 6,555 square foot lot, featuring a desirable unit mix of (1) three-bedroom/two-bath unit and (6) one-bedroom/one-bath units. Built in 1973, the property offers investors stable in-place income with significant upside through continued rent growth and strategic value-add improvements. The property benefits from separate gas and electric metering, helping minimize landlord utility expenses while providing operational efficiency. Residents enjoy desirable amenities including eight on-site parking spaces, on-site laundry facilities, granite countertops, and dumpster service, enhancing tenant retention and market appeal. The property's straightforward layout and solid construction provide an ideal foundation for future upgrades designed to increase rental income and overall asset performance. Located just minutes from Downtown San Diego, Naval Base San Diego, Chula Vista, and major employment centers throughout the South Bay, the property offers tenants convenient access to shopping, dining, schools, public transportation, and essential services. The property's proximity to Interstate 5, Interstate 805, and State Route 54 provides exceptional regional connectivity, making it an attractive housing option for commuters throughout San Diego County. National City continues to experience substantial public and private investment, driven by multifamily redevelopment, infrastructure improvements, and revitalization efforts throughout the city. With strong rental demand, a central location, operational efficiencies, and measurable rental upside, 1121 E 6th Street presents investors with an opportunity to acquire a well-positioned asset offering both immediate cash flow and long-term appreciation potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

1121 E 6th, National City

9922-34 Buena Vista Dr, Spring Valley
$1,700,000
NDP2605767 MLS ⋅ ACTIVE Status
Lee & Associates Multifamily Group - North San Diego County is pleased to present Buena Vista Apartments, a 7-unit multifamily investment opportunity located at 9922-9934 Buena Vista Drive, Spring Valley, California. The property consists of seven apartment units totaling approximately 3,657 square feet situated on an 8,943 square foot lot, featuring a desirable unit mix of (3) two-bedroom/one-bath units and (4) one-bedroom/one-bath units. Built in 1946, Buena Vista Apartments offers investors a rare opportunity to acquire a well-located East County asset with stable in-place income and significant value-add potential. The property benefits from separate gas and electric metering, reducing landlord utility expenses while providing operational efficiency. Additional amenities include eight on-site parking spaces, a rear parking/storage area, and on-site laundry facilities, all contributing to tenant retention and strong marketability. Several units have been renovated, allowing a new owner to continue implementing upgrades and capture additional rental upside. Strategically located in the heart of Spring Valley, the property offers residents convenient access to State Route 94, Interstate 125, Downtown San Diego, La Mesa, and Chula Vista, as well as nearby shopping, dining, schools, parks, and employment centers. Spring Valley continues to benefit from strong rental demand driven by its affordability relative to the broader San Diego market and its central East County location. Buena Vista Apartments presents an attractive investment opportunity featuring a proven unit mix, Lee & Associates Multifamily Group - North San Diego County is pleased to present Buena Vista Apartments, a 7-unit multifamily investment opportunity located at 9922-9934 Buena Vista Drive, Spring Valley, California. The property consists of seven apartment units totaling approximately 3,657 square feet situated on an 8,943 square foot lot, featuring a desirable unit mix of (3) two-bedroom/one-bath units and (4) one-bedroom/one-bath units. Built in 1946, Buena Vista Apartments offers investors a rare opportunity to acquire a well-located East County asset with stable in-place income and significant value-add potential. The property benefits from separate gas and electric metering, reducing landlord utility expenses while providing operational efficiency. Additional amenities include eight on-site parking spaces, a rear parking/storage area, and on-site laundry facilities, all contributing to tenant retention and strong marketability. Several units have been renovated, allowing a new owner to continue implementing upgrades and capture additional rental upside. Strategically located in the heart of Spring Valley, the property offers residents convenient access to State Route 94, Interstate 125, Downtown San Diego, La Mesa, and Chula Vista, as well as nearby shopping, dining, schools, parks, and employment centers. Spring Valley continues to benefit from strong rental demand driven by its affordability relative to the broader San Diego market and its central East County location. Buena Vista Apartments presents an attractive investment opportunity featuring a proven unit mix, utility efficiency, ample parking, and a clear path to increased cash flow through continued property improvements and rental growth. Investors will benefit from both immediate income and long-term appreciation potential in one of San Diego County's most established rental submarkets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

9922-34 Buena Vista Dr, Spring Valley

1524 N Coast Hwy 101, Encinitas
$2,100,000
NDP2605538 MLS ⋅ ACTIVE Status
LET YOUR DREAM󠃳󠂠󠂀󠂠󠃢󠂁󠂢󠃢󠂁󠂣󠃢󠂁󠂣󠃍󠂏󠃍󠂏 BEGIN IN LEUCADIA MINUTES FROM THE SAND A rare opportunity in highly sought-after North Leucadia, this exceptional coastal property offers more than 8,000 square feet of highly usable land and exciting potential to expand, redevelop, or create your own private coastal retreat. The property currently includes two income-producing studio units, offering immediate cash flow while you explore the possibilities for the future. Just minutes from the beach, local restaurants, cafs, shopping, and everything that makes the Leucadia lifestyle so desirable, this is a unique chance to own a versatile property in one of North County San Diegos most coveted coastal communities. Whether you envision a long-term investment, a redevelopment opportunity, or your dream coastal compound, the potential here is exceptional. Build. Invest. Dream. Leucadia awaits. LET YOUR DREAM BEGIN IN LEUCADIA MINUTES FROM THE SAND A rare opportunity in highly sought-after North Leucadia, this exceptional coastal property offers more than 8,000 square feet of highly usable land and exciting potential to expand, redevelop, or create your own private coastal retreat. The property currently includes two income-producing studio units, offering immediate cash flow while you explore the possibilities for the future. Just minutes from the beach, local restaurants, cafs, shopping, and everything that makes the Leucadia lifestyle so desirable, this is a unique chance to own a versatile property in one of North County San Diegos most coveted coastal communities. Whether you envision a long-term investment, a redevelopment opportunity, or your dream coastal compound, the potential here is exceptional. Build. Invest. Dream. Leucadia awaits.

1524 N Coast Hwy 101, Encinitas

1535 Kettner Blvd, Downtown
$2,049,000
NDP2605650 MLS ⋅ ACTIVE Status
Prime Little Italy location with incredible rental income potential. This rarely available and highly sought after Johnathan Segal detached Row Home offers 2-units, plus a garage and a separate loft unit above the garage. Located in the heart of Little Italy with the vibrant culture, restaurants, bars, shops and more just round the corner, yet this gem still provides privacy and a common space/greenbelt to enjoy. No HOA or Mello Roos. The possibilities are endless, live in one, rent out the others; use as short-term rentals; or use the entire property for yourself. No short-term rental restrictions, just apply for the permit. The main space (unit A) offers the most square footage with huge windows that flood with natural light, 1 bedroom + an office space, 1.5 baths, projector screen TV, multiple balconies and an amazing rooftop deck with city and bay views. The bottom unit (Unit B) features 1 bedroom/1 bath and a spacious private patio, perfect for entertaining. (A & B can easily return to original layout). There is also a detached garage with a separate loft above, both offering tons of additional potentialrentals, office, room for guests, etc. Currently generates approx. $9655 in monthly income. *Seller is open to Seller Financing* See confidential remarks for more information. Buyer and buyers agent to verify all in MLS prior to COE. Prime Little Italy location with incredible rental income potential. This rarely available and highly sought after Johnathan Segal detached Row Home offers 2-units, plus a garage and a separate loft unit above the garage. Located in the heart of Little Italy with the vibrant culture, restaurants, bars, shops and more just round the corner, yet this gem still provides privacy and a common space/greenbelt to enjoy. No HOA or Mello Roos. The possibilities are endless, live in one, rent out the others; use as short-term rentals; or use the entire property for yourself. No short-term rental restrictions, just apply for the permit. The main space (unit A) offers the most square footage with huge windows that flood with natural light, 1 bedroom + an office space, 1.5 baths, projector screen TV, multiple balconies and an amazing rooftop deck with city and bay views. The bottom unit (Unit B) features 1 bedroom/1 bath and a spacious private patio, perfect for entertaining. (A & B can easily return to original layout). There is also a detached garage with a separate loft above, both offering tons of additional potentialrentals, office, room for guests, etc. Currently generates approx. $9655 in monthly income. *Seller is open to Seller Financing* See confidential remarks for more information. Buyer and buyers agent to verify all in MLS prior to COE.

1535 Kettner Blvd, Downtown

7025 Boulevard Dr, La Mesa
$5,295,000
3 Beds ⋅ 6 Baths ⋅ PTP2604512 MLS ⋅ ACTIVE Status
$250k Price Reduction !!! 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system replacement, brand new pitched roofs, epoxy-lined sewer mains, dual-pane windows, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $463,138 GSI yielding a 5.37% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $524,010 GSI and 6.23% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location pr $250k Price Reduction !!! 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system replacement, brand new pitched roofs, epoxy-lined sewer mains, dual-pane windows, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $463,138 GSI yielding a 5.37% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $524,010 GSI and 6.23% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location profile. The Property's Class B location provides the ideal balance between acquisition basis, tenant quality, and long-term rental demand, producing notably stronger returns than higher-priced Coastal San Diego submarkets and significantly less operational challenges associated with Class C location assets and tenants.

7025 Boulevard Dr, La Mesa

215-223 Lolita St, Encinitas
$2,795,000
4 Beds ⋅ 4 Baths ⋅ NDP2605545 MLS ⋅ ACTIVE Status
Authentic coastal character, walk-to-beach location, and income from day one! 215-223 Lolita Street is the rare gem that captures the soul of old Encinitas. This five-unit coastal income property sits just three blocks, or 0.2 miles, from the sand of Moonlight Beach. Whether you're an investor seeking a turnkey opportunity or an owner-occupant craving the beach lifestyle, this one checks every box. The building consists of four cozy one-bedroom units and one charming studio with a loft, a versatile mix that appeals to a wide range of tenants and keeps vacancy low in this perpetually sought-after coastal market. The current ownership has invested heavily in the fundamentals. The entire property has been re-piped with hardline galvanized pipes, new roof vents installed, and every unit equipped with a new heater. A new commercial-grade water heater serves the building, and the studio features a fully remodeled bathroom giving the next owner true peace of mind. A comprehensive renovation in 2010 modernized the interiors throughout, including remodeled kitchens and bathrooms, upgraded plumbing and electrical, sound insulation between each unit, and beautiful bamboo flooring, all hallmarks of a well-loved, well-maintained property. Income properties just a short stroll to the sand in Encinitas are as coveted as they are scarce, don't let this one slip by! Authentic coastal character, walk-to-beach location, and income from day one! 215-223 Lolita Street is the rare gem that captures the soul of old Encinitas. This five-unit coastal income property sits just three blocks, or 0.2 miles, from the sand of Moonlight Beach. Whether you're an investor seeking a turnkey opportunity or an owner-occupant craving the beach lifestyle, this one checks every box. The building consists of four cozy one-bedroom units and one charming studio with a loft, a versatile mix that appeals to a wide range of tenants and keeps vacancy low in this perpetually sought-after coastal market. The current ownership has invested heavily in the fundamentals. The entire property has been re-piped with hardline galvanized pipes, new roof vents installed, and every unit equipped with a new heater. A new commercial-grade water heater serves the building, and the studio features a fully remodeled bathroom giving the next owner true peace of mind. A comprehensive renovation in 2010 modernized the interiors throughout, including remodeled kitchens and bathrooms, upgraded plumbing and electrical, sound insulation between each unit, and beautiful bamboo flooring, all hallmarks of a well-loved, well-maintained property. Income properties just a short stroll to the sand in Encinitas are as coveted as they are scarce, don't let this one slip by!

215-223 Lolita St, Encinitas

1035 4th Ave, Chula Vista
$18,100,000
112 Beds ⋅ 110 Baths ⋅ 260013438 MLS ⋅ ACTIVE Status
We are pleased to present Vista Pacific apartments, a newly renovated multifamily investment opportunity located in Chula Vista, California, one of south San Diego’s county’s steadily growing market. Built in 1981, Vista Pacific Apartments is a two-story garden-style community featuring spacious one- and two-bedroom floorplans averaging 894 SF. The subject property has benefited from more than $750,000 in capital improvements completed by current ownership which includes a new roof, enhanced landscaping, the addition of two ADUs, and interior unit renovations. Community amenities include landscaped courtyard areas, BBQ and picnic spaces with pergolas, assigned parking, and dog run. Interior units features include stainless-steel appliance packages, updated cabinetry, quartz countertops, in unit washer and dryer, with approximately 84% of units having been renovated and achieving premiums compared to their classic counterparts. Flooring consists of a mix of vinyl-plank flooring and carpet in select units. The units are further enhanced by air conditioning and heating with private outdoor spaces including balconies and fenced patios in select layouts. Vista Pacific Apartments is situated within an established residential neighborhood near Downtown Chula Vista surrounded by Third & Moss Shopping Center, San Diego Country Club, Plaza Chula Vista, and Chula Vista High School. Also located just 2.2 miles north is Downtown Chula Vista, a growing urban district known for its convenient access to shopping, dining, entertainment, schools, parks, and essential services.

1035 4th Ave, Chula Vista

110 Maple, Mission Hills
$4,810,000
260013332 MLS ⋅ ACTIVE Status
Incredibly rare mixed-use trophy property located at the corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes. Situated on a prime corner lot with dual street frontage, this exceptional asset offers strong in-place income, pride of ownership, and long-term investment potential in one of San Diego’s most desirable neighborhoods. The property consists of five units, including a professional office space and four residential units. The front corner office, designed to resemble a classic historic home, is leased under a long-term agreement with annual rent increases. The residential units have been extensively remodeled and professionally designed, creating a turnkey investment with strong rental appeal. Two units were completely rebuilt from the ground up in 2024. Major capital improvements include all-new electrical, plumbing, insulation, HVAC systems, electrical meters, and a state-of-the-art fire sprinkler system throughout. Several units feature upgraded kitchens, designer finishes, modern flooring, and remodeled bathrooms. The upper unit enjoys bay and city views, while tenants share a beautifully landscaped courtyard. Mixed-use zoning provides flexibility for investors or owner-users. Ideally located near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city's best dining and cultural attractions, this is a rare opportunity to acquire a fully upgraded mixed-use asset in one of San Diego’s premier neighborhoods. Incredibly rare mixed-use trophy property located at the prestigious corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes and architecture. Positioned on a prime corner lot with dual street frontage, this exceptional asset offers a rare blend of residential charm, strong in-place income, and long-term investment upside in one of San Diego’s most sought-after neighborhoods. The property consists of a professional office space in the front corner unit, designed to resemble a classic historic home, currently leased under a long-term agreement with built-in annual rent increases. The remaining four residential units are fully remodeled and professionally designed, creating a turnkey pride-of-ownership asset with strong rental appeal. Two of the residential units were completely rebuilt from the ground up in 2024 with high-end construction and modern systems throughout. Extensive capital improvements include all new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system servicing the entire property. Several units feature upgraded kitchens, designer finishes, modern flooring, and updated baths. The upstairs unit enjoys beautiful bay and city views, while all tenants share access to a lushly landscaped common courtyard that creates a private and tranquil atmosphere rarely found in urban multifamily properties. The mixed-use zoning offers exceptional flexibility for investors, owner-users, short-term rental strategies where permitted, or long-term hold scenarios in a premier walkable location near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city’s best dining and cultural attractions. Opportunities to acquire a fully upgraded mixed-use asset of this caliber in Bankers Hill are exceptionally limited.

110 Maple, Mission Hills

1936-40 Dale St, Golden Hill
$1,699,000
3 Beds ⋅ 3 Baths ⋅ 260013283 MLS ⋅ ACTIVE Status ⋅ Na BLDG.
Exceptional South Park Triplex with Income Upside and Development Potential. Rare opportunity to acquire a beautifully maintained three-unit income property in one of San Diego's most desirable urban neighborhoods. Located in the heart of South Park, just blocks from Balboa Park, this unique property offers a compelling combination of current cash flow, future rental upside, development potential, and the charm that makes South Park one of San Diego's most sought-after communities. The property consists of three well-maintained 1-bedroom residential units in a tranquil garden-like setting. Mature landscaping, abundant greenery, and private outdoor living spaces create an environment that feels more like a collection of individual homes than a traditional income property. Each residence enjoys its own private patio area, providing tenants with valuable outdoor space and enhanced privacy.The units have been meticulously maintained, each with in-unit washer/dryers, dishwashers, tankless hot water heaters, and separately metered utilities paid directly by the tenants (owner currently pays water service only). The property currently generates approximately $103,000 in annual gross rental income, with estimated market rents supporting potential gross income of approximately $112,000 annually, offering investors potential upside opportunities. Notably adding to the property's appeal is a 400 sf detached two-car garage with ADU potential (currently not included for tenants’ use) with City-approved architectural plans for future use as an office/workspace. South Park continues to be one of San Diego's most vibrant and enduring neighborhoods, known for its walkability, historic character, independent restaurants, neighborhood cafes, local boutiques, and proximity to Balboa Park, downtown San Diego, and major employment centers. Properties offering this combination of location, condition, income stability, and future upside are increasingly rare. Whether seeking a long-term investment, a value-add opportunity, or a property with potential for future owner-user flexibility, this exceptional South Park triplex offers a unique opportunity in one of San Diego's premier rental markets.

1936-40 Dale St, Golden Hill

4319-4321 Swift Ave, North Park
$1,449,000
NDP2605230 MLS ⋅ ACTIVE Status
Newly renovated 3-unit property in the heart of Normal Heights! This turnkey investment features a detached 2-bedroom, 1-bath front house and a rear duplex comprised of two spacious 2-bedroom, 1-bath units. The front house is currently vacant, presenting a unique owner-user opportunity to live in the home while generating passive income from the duplex, or lease the unit at market rent to maximize returns. Extensive recent improvements include renovated interiors, updated kitchens and bathrooms, new appliances, dual-pane windows, foundation upgrades, sewer line improvements, and roof repairs. The duplex units are occupied by great tenants with rents slightly below market, providing built-in rental upside. The property also offers ample off-street parking, a highly desirable amenity in this urban location. Ideally situated near the restaurants, cafes, shopping, and nightlife of Normal Heights, with convenient access to Downtown San Diego and major freeways, this property offers the perfect blend of owner-user flexibility, stable income, and long-term investment potential. Buyer to verify all information. Please do not disturb tenants. For any questions, please contact Stevie Berman at (408)202-0611. Newly renovated 3-unit property in the heart of Normal Heights! This turnkey investment features a detached 2-bedroom, 1-bath front house and a rear duplex comprised of two spacious 2-bedroom, 1-bath units. The front house is currently vacant, presenting a unique owner-user opportunity to live in the home while generating passive income from the duplex, or lease the unit at market rent to maximize returns. Extensive recent improvements include renovated interiors, updated kitchens and bathrooms, new appliances, dual-pane windows, foundation upgrades, sewer line improvements, and roof repairs. The duplex units are occupied by great tenants with rents slightly below market, providing built-in rental upside. The property also offers ample off-street parking, a highly desirable amenity in this urban location. Ideally situated near the restaurants, cafes, shopping, and nightlife of Normal Heights, with convenient access to Downtown San Diego and major freeways, this property offers the perfect blend of owner-user flexibility, stable income, and long-term investment potential. Buyer to verify all information. Please do not disturb tenants. For any questions, please contact Stevie Berman at (408)202-0611.

4319-4321 Swift Ave, North Park

4578 Jicarillo Ave, Clairemont/Bay Park
$5,400,000
15 Beds ⋅ 14 Baths ⋅ 260012823 MLS ⋅ ACTIVE Status
New reduced price! We are pleased to present 4578 Jicarillo Ave, a newly constructed, fully stabilized 13-unit multifamily asset positioned along the canyon edge in the highly sought-after Bay Ho submarket of San Diego. Completed in 2025 and delivered fully leased, the Property offers contemporary design, serene natural surroundings, and immediate income in one of San Diego's most supply-constrained coastal neighborhoods. The community features sweeping westerly canyon views, an omnipresent coastal breeze, and picturesque vistas of Mt. Soledad – a setting virtually impossible to replicate in today's entitlement environment. The property provides scale in a quiet, central coastal pocket while remaining under the 16-unit threshold that triggers on-site management. Property consists of 12 one-bed/1-bath residences at 441 SF and a renovated 3-bed/2-bath single-family home at 1,324 SF – a rare configuration combining multifamily scale with standalone residential value on a 13,600 SF lot. Units feature 10-foot ceilings, quartz waterfall countertops, stainless steel appliances, in-unit washer/dryer, split-system HVAC, and private outdoor space. Current gross income totals $36,335/month ($436,020 annualized), pro forma of $37,700/month ($452,400 annualized) at market rents. Property is offered at $5,400,000 ($415k/unit), representing a 5.57% current cap rate (5.97% pro forma), based on current NOI of $300,814. Contact listing broker for OM and financials.

4578 Jicarillo Ave, Clairemont/Bay Park

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