A developers dream! Multiple value add opportunities and strong existing income ($9,445 monthly gross income)! This site presents an increasingly rare urban infill opportunity to purchase a 7,018 SF lot, with (3) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. This property sits within the complete communities area and has a FAR of 6.5. The maximum buildable square feet is 45,617 subject to official approval to allow a complete communities project at this site. Alternatively and due to being fully remodeled, the existing units attract phenomenal renters in the asset's existing condition. The property is gated from the alley and tenants have the option to close the gate on Illinois for additional privacy. It is turfed with pavers throughout and laundry on site in the back.
Sterling Terrace Apartments is an exceptional 18-unit apartment building located in the heart of San Diego, California. This property offers a coveted central location, ensuring residents enjoy convenient access to Downtown San Diego and nearby employment hubs. Situated on a corner lot and featuring a gated community, Sterling Terrace Apartments provides tenants with a tranquil living environment within the Chollas Creek Community. Additionally the property has been extensively renovated inside and out. Exterior renovations of note include: New Roof, Freshly Paved Parking, New Gates, Landscaping, Paint, Windows, and More.
Highest Cap Rate (5.07%) and Lowest GRM (12.9) available right now in North Park, San Diego. Well maintained building with interiors featuring vinyl flooring, tile counters and updated stainless appliances in most units. 5 out of 7 units are 2 bedroom, 2 baths with master ensuite baths along with 2, one bed, one bath units. Laundry room on-site for additional income. The building is located one block away from University Ave and 3 streets away to the 30th Street corridor. In just a quick 5 minute walk to north or west, tenants have immediate access to some of the most popular nightlife, restaurants, coffee, shopping, art galleries, theater, farmers markets, brunch spots, boutiques, and breweries in all of San Diego. The property is centrally located near the 15, 805, 163, and 8 Freeways and minutes away from Balboa Park which hosts events, museums, concerts and more. Investors can buy this building and achieve a well above market cap rate on day one in addition to have plenty of opportunity to add value with further renovations and improvements such as ensuite washer/dryer additions, new windows, and more. Contact list agents for a tour and full marketing brochure.
Cutie pie cottages in the heart of North Park! Just blocks to restaurants, the freeway & transit. The opportunities are endless. Front house is a 3br/2ba with private yards, HW floors and 2 off street parking. Back house is a 2br/1ba with private yards & off street parking. Each house has private laundry & tons of character. In addition, this property lies within Complete Communities & Transit Priority Areas, is on a 6,759 sf lot & is zoned RM-3-7. Live in one & rent the other or make plans for development. You just can't lose here!
Cutie pie cottages in the heart of North Park! Just blocks to restaurants, the freeway & transit. The opportunities are endless. Front house is a 3br/2ba with private yards, HW floors and 2 off street parking. Back house is a 2br/1ba with private yards & off street parking. Each house has private laundry & tons of character. In addition, this property lies within Complete Communities & Transit Priority Areas, is on a 6,759 sf lot & is zoned RM-3-7. Live in one & rent the other or make plans for development. You just can't lose here!
Fully renovated craftsman house and one-bedroom flat with large usable lot for ADU's or high density development. Located on the boarder of North Park and Hillcrest (92103) in one of central San Diego's strongest housing markets. The property is located in an Opportunity Zone, and is Complete Communities Tier 3 with an FAR of 6.5. The base zoning is RM-3-9 (600 SF/DU). The two existing homes on site are currently rented for $3,480 and $2,050 per month. The property has proposed entitlements to build 22 additional units in the rear yard (24 units total). Proposed Building Plans are available upon request. Hillcrest is central San Diego’s premier residential neighborhood offering a vibrant urban lifestyle while still maintaining a sense of tranquility. The area is thriving with new construction along with renovation of existing buildings, offering a unique blend of historic charm and contemporary urban living. Residents are walking distance to top ranked restaurants, parks, trendy cafés, eclectic shops, farmers markets, schools, and entertainment. The community boarders Balboa Park, the City of San Diego’s preeminent recreational destination. Hillcrest also feature numerous convenient thoroughfares, allowing easy access to Downtown and Mission Valley, along with Hwy 163, I-5, and I-8. As a result, Hillcrest has become a magnet for young professionals, families, and high net worth individuals, making it ideal for real estate investment and development.
***Variance granted 2-4 units*** Property is currently used and configured as a multi-suite office building with two kitchenettes, one 3/4 bath with a shower stall, and two half bathrooms. *** Invite your designer or architect and bring to life a gorgeous home with a remodel that celebrates this property's Spanish-style architecture and stunning curb appeal. The 2,231 square foot building sits on a 4,602 sqft lot with ample off-street parking for 5-cars, possibly more with 2 large tandem spaces plus additonal side space. Property is within walking distance to numerous restaurants and retail amenities and has convenient access to Interstates 5 and 8, and Old Town Transit Center, which is serviced by city buses, Trolley, Amtrak trains, and Coaster. Per the city, OTRM-2-2 zoning permits a maximum density of one dwelling unit for each 1,000 square feet of lot area. This updated zoning allows for SFR, 2-4 units or mixed use of existing building with residential at rear and office space in front.
4349-55 Arizona St San Diego CA 92104 APN#445-351-06-00 to be included in the sale. We are pleased to present this amazing opportunity with multiple value add opportunities and strong existing income ($20,650 monthly gross income). This site presents an increasingly rare urban infill opportunity to purchase two 7,000 SF lot (approx. 14,000 SF), with (8) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. The base zoning on this lot is RM-3-9 allowing for residential development with a 60-foot height limit, 2.7 FAR, and a density of 1 per 600 Sf. To increase density further, the micro unit density bonus can be used to double the existing density, or the Complete Communities program can be used to build 96 units. Alternatively, the current structures include (8) garages that can be converted to (4) ADUs. The units feature fully renovated interiors with W&D's in each and private fenced yards for all units. Seller or Agent has not verified public records, including but not limited to permits, lot size, number of rooms, number of units, age of property, zoning of property, use of property, HOA documents, CCRs or square footage. Buyer to assume investigation of all public records and documents***
4349-55 Arizona St San Diego CA 92104 APN#445-351-06-00 to be included in the sale. We are pleased to present this amazing opportunity with multiple value add opportunities and strong existing income ($20,650 monthly gross income). This site presents an increasingly rare urban infill opportunity to purchase two 7,000 SF lot (approx. 14,000 SF), with (8) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. The base zoning on this lot is RM-3-9 allowing for residential development with a 60-foot height limit, 2.7 FAR, and a density of 1 per 600 Sf. To increase density further, the micro unit density bonus can be used to double the existing density, or the Complete Communities program can be used to build 96 units. Alternatively, the current structures include (8) garages that can be converted to (4) ADUs. The units feature fully renovated interiors with W&D's in each and private fenced yards for all units.
Refreshed Duplex with interior upgrades . Units have large living area and the convenience of 2 assigned off-street parking spots, and private backyards. Each unit comes equipped with washer and dryer. Perfect location for multiple transit options and access to all freeways. Don't miss out on this exceptional opportunity to have an investment or call this place your own!
Refreshed Duplex with interior upgrades . Units have large living area and the convenience of 2 assigned off-street parking spots, and private backyards. Each unit comes equipped with washer and dryer. Perfect location for multiple transit options and access to all freeways. Don't miss out on this exceptional opportunity to have an investment or call this place your own!
This Two on One provides comfort and convenience in the heart of San Diego. This property offers a perfect blend of modern living and tranquility. Step inside and discover a recently refreshed space with an open floor plan and tile flooring throughout that creates a warm and inviting atmosphere. Both homes offer a fully fenced yard which provides a private oasis, perfect for enjoying the beautiful California weather. With a detached garage and private parking spot off of alley.
This Two on One provides comfort and convenience in the heart of San Diego. This property offers a perfect blend of modern living and tranquility. Step inside and discover a recently refreshed space with an open floor plan and tile flooring throughout that creates a warm and inviting atmosphere. Both homes offer a fully fenced yard which provides a private oasis, perfect for enjoying the beautiful California weather. With a detached garage and private parking spot off of alley.
This turn-key property is a great investment in Talmadge. This investment opportunity consists of a Single Family Home with 1-car garage and private yard in front + three 2BA/1BA in the back building. Back building: featuring new exterior paint in 2024, new rood in 2019, new water heaters, new sinks & faucets within last 3-4 years. Front Building: within the recent 3-4 years - upgraded bathroom with new toilet, vanity, faucet, tile floor and shower stall and replaced the front grass was artificial turf. Unit A & C have been renovated within last 3-4 years. Each unit has its own in-unit laundry, water heater & one parking spot. Back building has its own water submeter.
This turn-key property is a great investment in Talmadge. This investment opportunity consists of a Single Family Home with 1-car garage and private yard in front + three 2BA/1BA in the back building. Back building: featuring new exterior paint in 2024, new rood in 2019, new water heaters, new sinks & faucets within last 3-4 years. Front Building: within the recent 3-4 years - upgraded bathroom with new toilet, vanity, faucet, tile floor and shower stall and replaced the front grass was artificial turf. Unit A & C have been renovated within last 3-4 years. Each unit has its own in-unit laundry, water heater & one parking spot. Back building has its own water submeter.
Prime Investment Opportunity with Exceptional Cash Flow! This modern 3-unit property at 325 S 30th St offers a rare mix of updated spaces and value-add potential in a convenient location. The main residence is a spacious 3-bedroom, 1-bath unit, perfect for family living. Additionally, there's a comfortable 2-bedroom, 1-bath unit, and a legal Studio/Loft ADU that adds versatility to the rental mix. All units have been upgraded, maximizing rental appeal and income. Upgrades include Minisplit AC units, Laminate flooring, Stainless Steel Appliances, and newer shower fixtures. Plans are also in place to add two more Studio ADUs, expanding the potential and increasing ROI for savvy investors. Whether you're looking to generate substantial cash flow now or capitalize on the future development potential, this property is a rare find with endless possibilities
Prime Investment Opportunity with Exceptional Cash Flow! This modern 3-unit property at 325 S 30th St offers a rare mix of updated spaces and value-add potential in a convenient location. The main residence is a spacious 3-bedroom, 1-bath unit, perfect for family living. Additionally, there's a comfortable 2-bedroom, 1-bath unit, and a legal Studio/Loft ADU that adds versatility to the rental mix. All units have been upgraded, maximizing rental appeal and income. Upgrades include Minisplit AC units, Laminate flooring, Stainless Steel Appliances, and newer shower fixtures. Plans are also in place to add two more Studio ADUs, expanding the potential and increasing ROI for savvy investors. Whether you're looking to generate substantial cash flow now or capitalize on the future development potential, this property is a rare find with endless possibilities
South Mission Beach, truly unique property. Largest lot in the area (larger than 3 standard lots). This property is an island, there are no adjoining lots. It consists of Front House 3bd/3 bath and 4 unit building in back consisting of 3-2br/2ba and studio unit, 1 garage, 2 carports, + a few more spaces. Private patio for front house. Large yard/patio for other back units. All units have been remodeled and are now Airbnb rentals. Live in front house and Airbnb the back units or continue generating great income from all units. Amazing location! Great lot for redevelopment potential.
South Mission Beach, truly unique property. Largest lot in the area (larger than 3 standard lots). This property is an island, there are no adjoining lots. It consists of Front House 3bd/3 bath and 4 unit building in back consisting of 3-2br/2ba and studio unit, 1 garage, 2 carports, + a few more spaces. Private patio for front house. Large yard/patio for other back units. All units have been remodeled and are now Airbnb rentals. Live in front house and Airbnb the back units or continue generating great income from all units. Amazing location! Great lot for redevelopment potential.
This investment property is truly outstanding, featuring 3 income producing units!!! Two units are spacious 3-bedroom detached units on a single lot. The third is a travel bungalow complete with full hookups. A removable gate ensures effortless entrance and exit for the travel. Whether you're a homeowner looking for an ideal living arrangement or an astute investor seeking rental income, this property offers it all. New gates, fences, and privacy barriers provide added security and a sense of tranquility. With new roofs, solar and a recently paved driveway, this property exudes quality and attractiveness. Situated conveniently close to the Navy Base and downtown, you'll have easy access to all the action. Plenty of space for your vehicles, making this property perfect for families and guests. The generous lot size offers ample space for outdoor activities, gardening, and future expansion. Alley access adds an extra layer of accessibility and ease.This property is a true gem, blending comfort, convenience, and the potential for robust.
This investment property is truly outstanding, featuring 3 income producing units!!! Two units are spacious 3-bedroom detached units on a single lot. The third is a travel bungalow complete with full hookups. A removable gate ensures effortless entrance and exit for the travel. Whether you're a homeowner looking for an ideal living arrangement or an astute investor seeking rental income, this property offers it all. New gates, fences, and privacy barriers provide added security and a sense of tranquility. With new roofs, solar and a recently paved driveway, this property exudes quality and attractiveness. Situated conveniently close to the Navy Base and downtown, you'll have easy access to all the action. Plenty of space for your vehicles, making this property perfect for families and guests. The generous lot size offers ample space for outdoor activities, gardening, and future expansion. Alley access adds an extra layer of accessibility and ease.This property is a true gem, blending comfort, convenience, and the potential for robust.
Excellent investment potential! This property is located in commercial zoning area, with huge potential for the right investor. Front unit has 3 bedroom 2 bathroom and the back unit has 2 bedroom and 1 bathroom with alley access. Shown with an accepted offer. Do not disturb tenants.
Excellent investment potential! This property is located in commercial zoning area, with huge potential for the right investor. Front unit has 3 bedroom 2 bathroom and the back unit has 2 bedroom and 1 bathroom with alley access. Shown with an accepted offer. Do not disturb tenants.
Take a look at this well maintained property. Located near restaurants and downtown San Diego. Great income property on Large lot with ally access.Front house:3bd/2ba approx. 1800 sqft. Back house: Large 1bd/1 ba with front yard.
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.