3 LOT ASSEMBLY in Golden Hill. Property is compromised of 3 separate duplex lots. 918-922, 924-926, and 930-932. Property is zoned RM 2-5 with SDA overlay and Tier 3 Complete Communities meaning you can build up to 6.5X FAR. On his property that would be ~113,951 sq ft of buildable floor area on this site. With views of Coronado Bridge to expansive views of Downtown this property is situated in growing hot spot of Golden Hill. Great Restaurants from Kingfisher to Counterpoint within minutes by foot, to quick access to downtown by car, bus, or bike. This property has cleared historical, and is ready for whatever unit count you are looking to build for San Diegos vastly growing population. Not wanting to go through the process of permitting a building and ready to go shovel Ready? Move forward with approved plans for 35 units that are ready for you to start work. Reach out to listing agent for copy of the plans and information. Schematic completed for building with ample parking and 125 units, as well as previous plans for a 36 unit property. The opportunity is endless with this property and everything that you can do with it. Additionally the property currently generate revenue from all 6 units on site. Whether it be the 3 units with long term leases, or the 3 Short Term rental units that are fully furnished and ready to go. Get a property that can generate revnue while finalizing your plans! Don't miss out on this opportunity to build in a key Metro neighborhood and take advantage of all of the updates to the San Diego Building code that make this a premium deal!
Priced to sell at $90k/unit less than renovated sale comparables! 4342 Marlborough Ave presents the opportunity to acquire a 9 unit fully renovated multifamily asset situated on the southern border of the highly coveted Kensington neighborhood. The asset consists of an ideal unit mix of (2) Studios, (3) One Bed units, (2) 2 Bed / 1 Bath units, & (2) 2 Bed / 2 Bath units providing for a properly diversified unit make up. The property produces $220,000 in gross annual income currently with 10%+ undermarket rents allowing for future income growth. Existing ownership has spent over $600k in capital improvements to renovate the property including but not limited to full interior & exterior renovations, landscaping, water lines pulled from slab and re-piped, new roof, installation of backflow, AC units, and the build out of two brand new studio units with in-unit laundry and AC in 2023. The property recently passed CA SB721 deck inspections as well. Roughly $1,150,000 of assumable debt is available at a below market 3.90% interest rate on the property fixed until 10/1/2025 and transitioning to floating rate moving forward for a 30-year term maturity in 2053. The assumable debt allows an investor to acquire the property with strong Day 1 cash on cash returns during a less competitive market window while the interest rate market corrects itself over 2025. This will allow for a potential refi in 2025’s likely much more attractive interest rate environment with no pre-pay penalty to do so. The property provides tenants with quick accessibility to the majority of San Diego’s primary entertainment, employment, restaurants, highway access, and activity hotspots. The asset is walking distance to the Heart of Kensington and is less than a 10-minute drive to the Heart of North Park, Normal Heights, Balboa Park and many more activity hotspots. The majority of San Diego’s top water destinations, such as Ocean Beach, Mission Bay, San Diego Bay, and Shelter Island, are all conveniently located within a 15-minute drive.
Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diego’s iconic beaches, this property is ideally located to attract a wide range of tenants—from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio.
We are pleased to offer for sale the rare opportunity to acquire a fourplex in the highly desirable neighborhood of Banker’s Hill. Originally built in 1912, this historic apartment building was fully renovated in 2018 including new roofs, windows, electrical, and gas lines. The interiors were tastefully renovated with keeping the turn-of-the-century style in this craftsman masterpiece. The units consist of (2) Two Bedroom/One Bath units and (2) One Bedroom/One Bath Units. The units feature community laundry. Seller prefers to sell along with the identical adjacent 4 plex building located at 2070-76 3rd Ave, San Diego CA
We are pleased to offer for sale the rare opportunity to acquire a fourplex in the highly desirable neighborhood of Banker’s Hill. Originally built in 1912, this historic apartment building was fully renovated in 2018 including new roofs, windows, electrical, and gas lines. The interiors were tastefully renovated with keeping the turn-of-the-century style in this craftsman masterpiece. The units consist of (2) Two Bedroom/One Bath units and (2) One Bedroom/One Bath Units. The units feature washer/dryer hook-ups. There is a bonus non-conforming studio unit on the 3rd Ave property that will provide additional income should the new owner decide to capitalize on this extra unit. Seller prefers to sell along with the identical adjacent 4 plex building located at 233 Hawthorn St.
Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diegoâ??s iconic beaches, this property is ideally located to attract a wide range of tenantsâ??from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio.
Must-see three-unit property located in the highly desirable Hillcrest Complete Communities zone of San Diego! A rare combination of lot size, existing building structures, zoning, and an excellent transit location, which all combine to make this property ideal for almost all multi-unit buyers. Offering significant upside potential, the property is ideally situated within walking distance to shops, restaurants, and cafes, with easy access to downtown and major transportation corridors. The units are well-maintained with room for value-add improvements, making this a prime opportunity for investors seeking to increase rents or reposition the asset, and an incredible option of owner user/occupants where any two of the units extra rent could create a spectacular subsidy to the mortgage payment. With strong rental demand in the area and the potential for long-term appreciation, this property provides an excellent investment.
A Tastefully Designed Spanish Bungalow Home In The Premier Normal Heights With An ADU... Total of 2 units. Short stroll to Adams Ave for grocery/pharmacy as well as restaurants, bars, shops, coffee & more. Entire property was renovated in 2019, including the roof & tankless water-heater. Home features 3 bed / 2 bath / 1,224sf + ADU 1 bed / 1 bath / 420sf. Engineered vinyl wood flooring throughout the home, ADU & laundry/storage room. Open concept kitchen w/ stainless appliances, island quartz countertop waterfall. Central AC/Heat in the main home, oversized master suite w/ walk-in closet, french-doors, expansive windows to the backyard w/ a cozy brick mantel fireplace for cool nights. ADU has a new oversized mini split for AC/Heat, full-size Bosch laundry stack, fully enclosed back patio & a rolling gate for optional parking off the alley. Complete xeriscape front/back yard, wifi drip irrigation system & lined w/ Italian cypress trees. Lots of other trees include: avocado, passion fruit, olive, blue agave, bird of paradise & a bougainvillea draped over the kitchen window. A beautiful concrete bench area in the front yard for entertaining. 2 minutes to freeway 15, 805 & 8. Main house 1,224sf + ADU 420sf + laundry/storage 180sf = 1,824s total. This home is still titled as a SFR with an ADU. So, a traditional loan with 5% to 20% down payment would work for Conventional Loan.
Completely remodeled in last year with new roof, water heaters, HVAC units, flooring, kitchens, bathrooms, washer/dryers each unit. Billboard income 310 month. Units could be used for a business, all 3 or the front 2.
Pride Of Ownership 2-units In The Heart of San Diego, Sherman Heights... Plus a BONUS 3rd unit studio. All 3 residences have been renovated with care & meticulous detail finishes including the replacement of the main sewer line, all newer electrical/plumbing, refinished wood flooring in main home/cottage and restored wood sash window pulleys. Newer kitchens, appliances & bathrooms. Main home & cottage both have original gum wood throughout including built-ins, picture rails, door moldings & baseboards. Additional features include recessed lighting, period appropriate tiling in bathrooms, tankless water heater in the main home and a courtyard for outdoor enjoyment. A mile stroll to Petco Stadium, Convention Center, Children’s Museum, Library, downtown shopping & eateries. 5-10 minute drive to Coronado and easy access to the 5 & 94 freeways. Buyer and buyer's agent to perform all due diligence, inspections and validate all data prior to Close of Escrow.
Amazing 2 unit property steps to the sand in South Mission. The top unit enjoys vaulted ceilings, an open concept living space that opens up to a large deck with water views and cool ocean breezes. Lower unit has elevated ceilings in the living space, a cozy fireplace and a front patio for entertaining. Both units have in unit laundry, a large storage room for each unit and oversized parking for 3 large vehicles. This property is great for an owner user, 2nd home with a rental unit or as an investment property.
A Tastefully Designed Spanish Bungalow Home In The Premier Normal Heights With An ADU... Total of 2 units. Short stroll to Adams Ave for grocery/pharmacy as well as restaurants, bars, shops, coffee & more. Entire property was renovated in 2019, including the roof & tankless water-heater. Home features 3 bed / 2 bath / 1,224sf + ADU 1 bed / 1 bath / 420sf. Engineered vinyl wood flooring throughout the home, ADU & laundry/storage room. Open concept kitchen w/ stainless appliances, island quartz countertop waterfall. Central AC/Heat in the main home, oversized master suite w/ walk-in closet, french-doors, expansive windows to the backyard w/ a cozy brick mantel fireplace for cool nights. ADU has a new oversized mini split for AC/Heat, full-size Bosch laundry stack, fully enclosed back patio & a rolling gate for optional parking off the alley. Complete xeriscape front/back yard, wifi drip irrigation system & lined w/ Italian cypress trees. Lots of other trees include: avocado, passion fruit, olive, blue agave, bird of paradise & a bougainvillea draped over the kitchen window. A beautiful concrete bench area in the front yard for entertaining. 2 minutes to freeway 15, 805 & 8. Main house 1,224sf + ADU 420sf + laundry/storage 180sf = 1,824s total.
Pride Of Ownership 2-units In The Heart of San Diego, Sherman Heights... Plus a BONUS 3rd unit studio. All 3 residences have been renovated with care & meticulous detail finishes including the replacement of the main sewer line, all newer electrical/plumbing, refinished wood flooring in main home/cottage and restored wood sash window pulleys. Newer kitchens, appliances & bathrooms. Main home & cottage both have original gum wood throughout including built-ins, picture rails, door moldings & baseboards. Additional features include recessed lighting, period appropriate tiling in bathrooms, tankless water heater in the main home and a courtyard for outdoor enjoyment. A mile stroll to Petco Stadium, Convention Center, Childrenâ??s Museum, Library, downtown shopping & eateries. 5-10 minute drive to Coronado and easy access to the 5 & 94 freeways. Buyer and buyer's agent to perform all due diligence, inspections and validate all data prior to Close of Escrow.
Current 4-unit building has very large backyard with ability to build 12 micro units to create a 16 unit apartment community. MASSIVE UPSIDE and seller may be open to staying on to complete the development with buyer. Amazing opportunity to own an income producing 4 unit property in a highly desirable neighborhood near SDSU! All units have been remodeled with new interior/exterior paint, new flooring, new kitchen cabinets/countertop, can lights in every room, remodeled bathrooms, laundry rooms, new windows, new electrical outlets, & new ceiling fans. The renovated units will ensure your income stream is reliable at acquisition with all 4 units currently rented. Additional Opportunity exists with recent law changes allowing for an increased FAR with property having 2,600 sq ft of development space allowing the buyer to build 12 micro units (4 building structures that would each be 3 stories tall) at 210 sq ft/unit to achieve the highest and best use of the property that would perform at a 6.86% cap rate, the micro units would rent out for $1,300/month, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Current 4-unit building has very large backyard with ability to add 8 more units or 12 micro-units to create a 12-16 unit apartment community. MASSIVE UPSIDE and seller may be open to staying on to complete the development with buyer. Amazing opportunity to own an income producing 4 unit property in a highly desirable neighborhood near SDSU! All units have been remodeled with new interior/exterior paint, new flooring, new kitchen cabinets/countertop, can lights in every room, remodeled bathrooms, laundry rooms, new windows, new electrical outlets, & new ceiling fans. The renovated units will ensure your income stream is reliable at acquisition with 1 unit already rented out and the others soon to follow as the development is under professional management. Additional Opportunity exists with recent law changes allowing for an increased FAR with the ability to add 4 additional ADUs at 500 sq. ft. each. Assuming construction cost of $720K and each new unit renting at $1900/month, this property would perform over 5% cap rate, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Welcome home to your very own turn-key, fully remodeled & permitted duplex. This project took many months to renovate with no expense spared or small detail overlooked. The main, single story home features 3 beds & 2 baths. The 2-story,attached ADU features 3 beds & 3 baths. Each home has a private, fully fenced yard and dedicated laundry as well. The attached 2-car garage has been setup to allow for shared access if needed.
Excellent investment potential! Two units located in a commercial zone. Front unit is rented out as a beauty salon shop ($2,000 rent). Back unit was built in 2008 with 4 bedrooms / 3.5 baths and electric gate. Patio is permitted. New solar system for back unit will be paid off before close of escrow ($72,000).
Exceptional Investment Opportunity in Cherokee Point – Fully Renovated 5-Unit Property This fully renovated, turnkey 5-unit multifamily property in Cherokee Point offers an exceptional blend of modern upgrades and investment potential. The property features three detached 2-bedroom, 1-bathroom craftsman cottages with private yards and laundry hookups, along with a two-story duplex comprising two 1-bedroom, 1-bathroom units that share a common laundry room. Four single-car garages provide additional income potential, with a feasibility study confirming their conversion into two accessory dwelling units (ADUs). All units have been thoughtfully updated with new kitchens, appliances, new roofs, windows, flooring, lighting, fresh paint, bathrooms, electrical, plumbing, and HVAC systems. The landscaped community includes outdoor seating areas, a dog run, automatic sprinklers, mature trees, and a block wall with a secure privacy gate, ensuring an inviting and safe environment. Currently fully leased with 12-month contracts at market rates, the property offers immediate cash flow with a 5.86% cap rate. Located in a Transit Priority Area (TPA), it also has significant upside potential, with zoning allowing for up to 16 additional units. A feasibility study is available, detailing costs and timelines for expansion and garage conversions. Less than a block from a park and school, this gated property is ideal for investors, multigenerational living, or owner-occupancy with rental income. Don’t miss this rare opportunity to acquire a stabilized asset with future growth potential.
Zoned R-3, this Multi-Unit property is just waiting for the right Developer to rejuvenate & rethink its potential & launch it into the new millennium. First time on the market in more than 50 years! Property currently features two living quarters: Unit #1 is a single story 3 Br /2 Ba detached home with just under 1,300sq.ft. and a 2-car detached garage. The upper unit in the back is a 1 Br /1 Ba apartment at just under 500sq.ft. w/a 1-car carport off the alley. Both units share a laundry room & separate storage room. Feasibility Report Available. Lot Size: 6,250sq.ft. (50'x125'). Value is in the Land. Located just Four Blocks to Tourmaline Beach & Two Blocks to Pacific Beach Elementary. Excellent Walkability Score Check with the city and start your project. Preliminary research is not any form of final approval. Buyer is encouraged to check with the City and/or County to determine actual allowable development, including but not limited to Zoning, Building, Permits, etc.
Don’t miss this rare investment opportunity at 7463-65 Hyatt Street in San Diego. Situated on an expansive 9,921 sq. ft. lot, this duplex features two charming 1-bedroom, 1-bathroom units, each with its own private yard. Zoned RM 1-1, the property offers significant development potential, whether you’re looking to expand, add units, or create your dream multi-family project. Parking includes a detached 2-car garage and additional off-street spaces for up to six cars, providing ample room for residents and guests. Its central location near Mesa College, Fashion Valley Mall, Sharp and Rady Children’s Hospitals, USD, and major freeways ensures easy access to educational, medical, and recreational facilities. You will also enjoy a close proximity to a variety of schools, parks, and an array of shopping and dining options. Endless possibilities await!
Welcome to 4220-22 Chamoune Ave, a charming duplex with two detached homes in a peaceful San Diego neighborhood, perfect for investors or homeowners. The property includes two updated units: a cozy 1-bedroom, 1-bath unit, and a spacious 2-bedroom, 1-bath unit. Both have modern upgrades such as stackable laundry, new windows, new roofs, cabinets, countertops, and appliances. The 1-bedroom unit is ideal for singles or couples, featuring a private outdoor area. The 2-bedroom unit boasts a bright, open living space, perfect for families or those needing more room. Both properties are available to put a tenant in or Airbnb and move in right away!!
We are pleased to present 2134 Reed Avenue, a renovated triplex just two blocks to the bay in the highly popular Pacific Beach neighborhood of San Diego, California. Major upgrades have been made to the complex in the last two years including 2 completely renovated rear 1-bedroom / 1-bath units (approximately 500 SF) and a partially upgraded 2-bedroom cottage (approximately 824 SF). Units have received upgraded power, individual washer dryers and all new kitchens and baths in the rear units. Built in 1947 and restored in 2022, this triplex features prime walkability to the bay, beach, and popular Garnet Avenue shops, stores, restaurants and entertainment. This is an ideal investment for the location-prioritized investor, owner/user, ADU builder, or investor seeking strong cash flow for the price. Pacific Beach presents a unique opportunity due to its prime coastal location, popular restaurants and stores, and vibrant community atmosphere. The area is known for its beautiful beaches, active lifestyle, and a strong tourism market, attracting both locals and visitors year-round. This consistent influx of people creates a robust demand for various investment properties, including multifamily, retail, restaurants, and hospitality, making it a lucrative environment for investment. Additionally, Pacific Beach has seen significant development and revitalization efforts, enhancing its appeal and driving property values upward. Moreover, the strong rental market in Pacific Beach provides investors with the potential for stable cash flow and long term appreciation. The area’s demographics, characterized by a mix of young professionals, college students, families, and retirees, support a diverse range of commercial opportunities. With favorable zoning regulations and a supportive local government focused on sustainable development, investors can benefit from a proactive environment for growth. The combination of a thriving economy, desirable lifestyle, and limited available space makes Pacific Beach a compelling choice for anyone looking to invest in the area.
8 units total on two parcels which allows for 2 separate 4 unit residential financing loans. Pleased to present 3079 Martin Ave, an 8-unit property located in the rapidly gentrifying neighborhood of Logan Heights. This newly constructed building offers features such as select units with private patios, fenced yards, in-unit laundry, and on-site parking. The property is situated on an approx. 7,000 SF lot with 6,850 of rentable SF. The property has a diverse unit mix including (2) three-bedroom/ three-bathroom townhouses, (2) two-bedroom/ two-bathroom units, and (4) one-bedroom/ one-bathroom units. Each residence boasts modern amenities, such as hardwood flooring, tall ceilings, stainless-steel appliances, and split system AC/Heat.
Donâ??t miss this rare investment opportunity at 7463-65 Hyatt Street in San Diego. Situated on an expansive 9,921 sq. ft. lot, this duplex features two charming 1-bedroom, 1-bathroom units, each with its own private yard. Zoned RM 1-1, the property offers significant development potential, whether youâ??re looking to expand, add units, or create your dream multi-family project. Parking includes a detached 2-car garage and additional off-street spaces for up to six cars, providing ample room for residents and guests. Its central location near Mesa College, Fashion Valley Mall, Sharp and Rady Childrenâ??s Hospitals, USD, and major freeways ensures easy access to educational, medical, and recreational facilities. You will also enjoy a close proximity to a variety of schools, parks, and an array of shopping and dining options. Endless possibilities await!
Back on market and no fault of the property! The perfect blend of modern luxury meets classic charm in this completely remodeled, 2-unit property (with potential to add 2 more units) in one of the best neighborhoods in North Park! The front home is a 2 bed, 1 bath Spanish style home with nearly 1200 sq ft of living space. Brand new cedar fence in the front yard and driveway with classic Spanish pavers leads into a covered porch area. Open concept living with all new oak kitchen cabinets, Taj stone counter tops and decorative backsplash. Incredible natural light in the eat-in kitchen flows naturally into a cozy seating area. Formal living room boasts a 9 foot coved ceiling with recessed lighting and dramatic chandelier. Decorative fireplace with all new tile surround and wood mantle. Two generous sized bedrooms down the hall with upscale bathroom with double vanity, Taj countertops, and beautifully tiled shower. The back unit is completely separate with private alley access, off street parking and has two bedrooms with large walk-in closets. Two full bathrooms and a formal dining space make this a perfect unit to rent out or live in. Large open kitchen with peninsula has walnut cabinets, quartz counters and tiled backsplash. All new electrical, new drywall, new roof, new furnace, new forced air unit, and laundry hook ups. The front unit has a brand new roof, a brand new sewer line and the back ADU has also had the sewer line replaced. New 200 amp electrical panels for each units make this a truly turn key property and ready for the next owner. Must see to appreciate.
The median home value in San Diego, CA is $880,000. 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 $880,000. 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.