PRICE IMPROVEMENT + INCREASED RENTS! Bring All Offers! Potential Creative Financing (inquire w/ listing agent). Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building has 4 1bd/1bt units and front detached cottage 2bd/1bt. Roof has recently been replaced and all units have A/C and tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.
3607-15 Logan Avenue consists of 5 units totaling 3,747 square feet built in 1960 and 2024 on a large 7,284 square foot lot. The unit mix consists of one 4 bed / 2 bath, two 2 bed / 2 bath, one 1 bed / 1 bath and one studio units. There is ample parking. Four of the units are brand new construction and the original house is completely remodeled. The units feature A/C, dishwashers, washers and dryers, new appliances, new vinyl plank flooring, granite counter tops and high-speed internet access. The property is located in an Opportunity Zone.
Welcome to the Surf House located at 1478 Hornblend Ave. This newly renovated asset is in the highly sought after coastal community of Pacific Beach, California. The luxury apartment complex consists of 10 total units. There is a studio, six 1 bedroom 1 bath units, two 2 bedroom 1 bath units, and one 2 bedroom 2 bath unit. Including the exclusive use patios and balconies the total rentable square footages comes out to 8,074. The building sits on a 6,240 sq ft lot. In 2023 the building went through an extensive remodel. This included but is not limited to brand new quartz counter tops, stainless steel appliances, cabinetry, vanities, custom tile shower enclosures, split heating and air conditioners, vinyl plank flooring, fresh paint inside and out, new staircases and landing, new roofs, waterproof and deck coating, new 400 amp electrical service, 100 amp individual panels in each unit, and much more. The thoughtful improvements did not stop there as every rental has their own private laundry. Some units have access to roof top decks that feature gorgeous ocean and bay views. All work is permitted and per current building codes. No detail was left untouched provide residents with every amenity they could desire and an ownership with a turn-key asset in a prime beach market.
Welcome to the Surf Houses located at 1468-1478 Hornblend Street. This newly renovated asset is in the highly sought after coastal community of Pacific Beach, California. This luxury apartment community consists of twenty total units. There are two studios, twelve 1 bedroom 1 bath units, five 2 bedroom 1 bath units, and one 2 bedroom 2 baths. The buildings sit on two lots with a total of 12,338 sq ft. In 2023 the buildings went through an extensive remodel. This included but is not limited to brand new quartz counter tops, stainless steel appliances, cabinetry, vanities, custom tile shower enclosures, split heating and air conditioners, vinyl plank flooring, fresh paint inside and out, new staircases and landing, new roofs, waterproof and deck coating, new 400 amp electrical service, 100 amp individual panels in each unit, and much more. The thoughtful improvements did not stop there as every rental has their own private laundry. Some units have access to exclusive use roof top decks that feature gorgeous ocean and bay views. All work is permitted and per current building codes. No detail was left untouched to provide residents with every amenity they could desire and an ownership with a turn-key asset in a prime beach market.
Prime Pacific Beach Location on a high traffic street! First floor modern office condo with 7 (potential for 8) good size office spaces including a meeting area and kitchenette. All recently redone and move in ready! Secured underground parking with two parking spots, conference room, shower facilities and elevator service. Located in Pacific Beach just 1 mile west of the I-5 and walkable to San Diego's hot spots, including restaurants, coffee shops and the beach! Pacific Beach, affectionately known as PB, is a vibrant coastal community nestled along the shores of San Diego, California. Renowned for its laid-back atmosphere and endless stretches of sandy beaches, Pacific Beach attracts surfers, sun-seekers, and locals alike. The lively boardwalk buzzes with activity, lined with eclectic shops, trendy cafes, and bustling bars, creating a dynamic hub for both daytime adventures and vibrant nightlife. Whether catching waves, strolling along the iconic Crystal Pier, or enjoying panoramic ocean views from the scenic Belmont Park, Pacific Beach offers a quintessential Southern California experience that captures the essence of coastal living.
Unit 2L. 425 sq.ft. Office condo in Pacific Beach. private quit location within the complex. Underground parking. Conference room just a few feet away. HOA is researching to see if units can be used as residential, ie; work/live. No one is using their unit as residential now, but the price increase could be substantial.
Leverage 44.62 total acres across 3 parcels that include nearly 20 acres for potential greenfield development. Capitalize further on opportunities for lucrative mitigation/conservation benefits. The 2 smaller parcels are already zoned for residential/multi-family and the numerous development sites offer convenient access to roads, nearby utilities, and sewer main lines. Located directly adjacent to I-5 and less than 1 mile to MTS trolley lines, bus routes, I-805 freeway, and Plaza Las Americas, and San Ysidro Port of Entry for US-Mexico border crossing. Easy access to CA State Route 905 (Otay Mesa Freeway) and Otay Mesa Port of Entry. Close to San Diego’s Tijuana River Valley Regional Park. Additional feasibility analysis, aerial, and site photos coming soon. Marketing Package available.
Pleased to present qualified investors with the rare opportunity to acquire a value-add retail building off the corner of busy University and College Ave! Currently, rents are significantly below market offering a new buyer the potential to substantially increase income. The building comprises six suites, with five leases on a month-to-month basis or expiring soon. The property features monument signage, on-site parking in front and behind the building, and is conveniently located just over a mile from San Diego State University. Please contact listing agent for offering memorandum and full financial details. MLS financial information is estimated given limited # of fields.
A prime investment opportunity with immediate cash flow. This fully leased 8-unit apartment building features 7 two-bedroom units and 1 one-bedroom unit. Located in the desirable University Heights neighborhood, the property is within walking distance of shops, restaurants, and public transportation, enhancing its appeal to tenants. On-site laundry facilities and a shared outdoor space provide added value for residents. This corner lot has 5100 square feet of improved space, offering potential for future enhancements.
This is an outstanding opportunity for an investor now and owner user in the future. Two separate buildings on two separate parcels will allow new owner to rent one property and use the other. Fenced secured yard with dock high one story buildings such as this are difficult to find. Currently, Canteen which is part of the Compass Group, a worldwide conglomerate, is the tenant with a lease that is as close as possible to NNN. Newer three story light manufacturing buildings have been built west of this property.
A prime investment opportunity with immediate cash flow. This fully leased 8-unit apartment building features 7 two-bedroom units and 1 one-bedroom unit. Located in the desirable University Heights neighborhood, the property is within walking distance of shops, restaurants, and public transportation, enhancing its appeal to tenants. On-site laundry facilities and a shared outdoor space provide added value for residents. This corner lot has 5100 square feet of improved space, offering potential for future enhancements.
Once in a generation opportunity to acquire two adjacent parcels totaling 15,648 sqft spread across 6 structures. The buildings consist of 10 units with mixes split between detached cottages, duplexes, and a triplex. A 2 car garage attached to the triplex is being rented out that can easily be converted into an ADU. An additional storage area is being rented out as well between the detached cottages. The property has alley access with 4 assigned parking spaces (two in the front & two in the rear). The property sits in an opportunity zone giving buyers the chance to gain massive tax savings, and the option to build multiple new units (Buyer to do proper due diligence with city to confirm all facts). The rents have recently been raised with the property now bringing in $14,525/mo before expenses. Tenants are all on month to month lease agreements.
Price Reduced to Sell. Bring all offers! 2 Parcels. 4417 Mentone (2BR/1Bath House) & 4419-21 Mentone (4-Plex with all 2BR/1Bath). Both properties share 1 water meter. Estimate to add an additional water meter is $35K. Once separately metered can finance individually with 2 Residential Loans (30 YR Fixed with up to 80% LTV) for owner and non-owner occupied. Rents are well below market with long term tenancy and ownership. 4419.5 is occupied by family and willing to either sign new lease at market rents or vacate prior to close. Quiet Section of Ocean Beach with mainly smaller SFR & 2-4 Unit Properties yet a short walk or ride to all the coastal amenities Ocean Beach has to offer.
4149 Wabash is a fully renovated 9-unit multifamily property with strong rental income. Set on a generous 6,995 square foot lot, this well-maintained property offers a diverse unit mix, featuring Four Studio Units, Four 1-Bedroom/1-Bathroom Units, and One 2-Bedroom/1-Bathroom Unit. Every unit has been thoughtfully updated with modern finishes and includes in-unit laundry, enhancing tenant convenience and appeal. With high-quality upgrades throughout, 4149 Wabash combines low-maintenance operations with strong tenant demand. Current rents provide strong cash flow, making this an excellent opportunity for investors seeking a stable, income-generating asset with minimal upkeep.
7% cap rate on actuals! Motivated Seller! Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.
7% cap rate on actuals! Motivated Seller! Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.
This 7-unit property at 6736-38 Kelly St, San Diego, offers excellent investment potential with ADU possibilities, located in Tier 4 of Complete Communities. With prime access to local amenities and public transit, this property combines convenience and growth opportunities in one of San Diego's most sought-after development zones. This property also includes a multitude of fruit trees for tenants to enjoy. Ideal for investors looking to maximize value in a rapidly evolving neighborhood.
This 7-unit property at 6736-38 Kelly St, San Diego, offers excellent investment potential with ADU possibilities, located in Tier 4 of Complete Communities. With prime access to local amenities and public transit, this property combines convenience and growth opportunities in one of San Diego's most sought-after development zones. This property also includes a multitude of fruit trees for tenants to enjoy. Ideal for investors looking to maximize value in a rapidly evolving neighborhood.
See Offering Memorandum in attachments SOUTH PARK PREMIER SITE Showpiece urban investment on a prime corner in San Diego's beloved South Park Neighborhood. 3 Stunning Residential Lofts, all mo-to-mo, 2 Commercial Suites and 1 Verizon Cell Tower. Market Rate 6% Cap - Contact Broker. Opportunities to acquire prime sites within the walkable district of South Park are rare. Ownership has historically rented to tenants within their network instead of maximizing rents on the open market. Designed by acclaimed local architect Jim Brown, these suites exude the best qualities of urban living and working with high ceilings, exposed bricks, trusses and beams. Walk to 20+ local shops, restaurants and cafes.
Fully renovated Villa Terrace Apartments located in the heart of North Park. 5 remodeled units + 1 new ADU unit, for a total of 6 units. Charming 2bdr+office/1bath home in front and five 1bdr/1bath units at the rear along with 4 single car garages. Unit upgrades include HVAC, LVP flooring, new kitchens with new countertops, cabinetry and S/S appliances, new bathrooms, new windows, new shades and more. Exterior upgrades include new stucco, new turf, new stairs, new railings, new waterproofing and more. On-site shared laundry room includes 2 owned washer-dryer units. Prime turn-key condition. Great location; walking distance to Balboa Park and North Park restaurants and shops.
601-7 Stork St and 601-15 Stork are being offered as a package. The property consists of 8 3bd/1ba Cottage Style units and a 1bd/1ba Cottage. The property has two separate APNs. Total lot size between both parcels is 20,112 sq ft and offers 10 parking spaces for tenant use. The property has been well kept over the years and an opportunity exists to renovate the existing units and increase rents to market rate.
2259 Market St is a 6 unit property being offered for the first time in over 3 decades. Property is comprised of 3bd, 2bd, and 1bd units and sits on a 7,223 sq ft lot. Take advantage of the opportunity to upgrade existing units along with the ability to add additional units in the rear of the property. Current zoning is CC 3-4 and located within the Sustainable Development Area.
Builders & Developers! Opportunity to exchange finished or projects near completion for hotel development opportunity in Downtown San Diego's world-famous Gaslamp.**OR** Seller will entertain CASH offers below asking with expeditious close. Historic building with Mills Act in place at the bustling corner of 6th Ave & F St. Restaurant on 1st floor & 23-room Hotel Apartment development opportunity for upper stories. Floor 2 current use is office space, all tenants short term rentals. Floor 3 is vacant with Right of Assembly. Building owner is pursuing unlawful detainer process for current Restaurant tenant. Hotel plans for 23-room hotel apartment, 10,000 sq ft total for Developer to build [(4) 1 bedrooms, (19) studios]. (See Due Diligence) for 23-room hotel plans & MEP. 3 stories + basement @ 19,253 total sq ft and 15,990 sq ft rentable area. Ground floor restaurant +basement = 5,207 sq ft. Restaurant floor plans available (See Due Diligence). The Hill Bldg is Historic, built in 1897 and with Mills Act in place for County Tax savings, (See Due Diligence) for 2023 tax bill. Rent Roll as of September 2024 (See Due Diligence). Ideal location in Gaslamp; same block as Tacos El Gordo & directly across from Double Deuce on F, diagonal to Andaz Hotel/STK steakhouse & across from Coin-Op bar on 6th Ave. Contact listing agent for showing: Will Rigley, 619-980-7300 2nd Agent contact: Teran Baggett, 619-991-0333
2259 Market St is a 6 unit property being offered for the first time in over 3 decades. Property is comprised of 3bd, 2bd, and 1bd units and sits on a 7,223 sq ft lot. Take advantage of the opportunity to upgrade existing units along with the ability to add additional units in the rear of the property. Current zoning is CC 3-4 and located within the Sustainable Development Area.
Own this charming 6 unit property nestled in one of the most vibrant rental pockets of San Diego. This vintage investment property provides laundry in each unit, and features 2 fully renovated apartments. The remaining 4 units are in good condition but could be improved, providing an opportunity for value add. Boasting city skyline views from several of the units, the building sits perched on the corner of C Street and 21st Street. The property's charm and historic feeling sets it apart from the rest of the marketplace.
The median home value in San Diego, CA is $876,100. This is higher than the county median home value of $846,300. The national median home value is $338,100. The average price of homes sold in San Diego, CA is $876,100. Approximately 44.5% of San Diego homes are owned, compared to 48.82% rented, while 6.68% are vacant. San Diego real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a San Diego real estate agent to arrange a tour today!
San Diego, California has a population of 1,385,398. San Diego is less family-centric than the surrounding county with 33.16% of the households containing married families with children. The county average for households married with children is 33.76%.
The median household income in San Diego, California is $89,457. The median household income for the surrounding county is $88,240 compared to the national median of $69,021. The median age of people living in San Diego is 35.4 years.
The average high temperature in July is 78.5 degrees, with an average low temperature in January of 45.6 degrees. The average rainfall is approximately 11.7 inches per year, with 0 inches of snow per year.