San Diego CA Multi Family for Sale
$3,299,000
4625 Adair St San Diego, CA 92107
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2024
- Baths:
- MLS#:
- 240026517SD
- Subdivision:
- Ocean Beach
ADDITIONAL INFORMATION
Variance Granted 2-4 units. Experience luxury and comfort in this gorgeous, brand-new single-level 4-bedroom, 2.5-bath home. With elegant hardwood floors, 11-foot ceilings, and ample natural light, this residence feels both spacious and inviting. Enjoy seamless indoor-outdoor living with a beautiful private deck, perfect for relaxing or entertaining. The expansive front yard adds to your outdoor enjoyment, offering plenty of space for activities.The home is equipped with state-of-the-art appliances, including a convenient washer and dryer room, and is located just two blocks from the stunning Sunset Cliffs. Savor breathtaking views and serene walks along the coast, while being ideally situated near a variety of shops, markets, and restaurants. Don’t miss the chance to make this exceptional home your next retreat! 2nd Unit - This stunning, newly constructed home, just two blocks from Sunset Cliffs, offers 3 bedrooms, 2 bathrooms, and 1,350 sq. ft. of modern living space. Additionally, a separate versatile 3rd room is perfect for use as an office, extra bedroom, or storage.The home features elegant wood flooring throughout and brand-new appliances. It includes a convenient washer/dryer room for added ease. Enjoy the luxury of a two-car garage and a covered space that can be used for up to two additional parking spots or transformed into a private covered patio.Located in a fantastic area, this property is close to restaurants, coffee shops, and markets. 3rd unit is a Studio unit with covered parking. Total monthly income ADU/Studio is $8,000 monthly. The front $10,000.
$3,295,000
4342 Marlborough Avenue San Diego, CA 92105
- Type:
- Cluster
- Sq.Ft.:
- 5,850
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1980
- Baths:
- MLS#:
- PTP2405882
ADDITIONAL INFORMATION
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. 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. The property produces an in-place 4.32% cap rate with an additional 10% in rental upside remaining. The property is forecasted at a strong 5.06% cap rate at full market rents. 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.
$1,580,000
35th Street San Diego, CA 92102
- Type:
- Cluster
- Sq.Ft.:
- 2,159
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- NDP2408975
ADDITIONAL INFORMATION
EXCELLENT 4 UNIT CASH FLOW MULTI UNIT OPPORTUNITY Strong cash flow. Strong cap rate. Don't miss a special opportunity to own a strong cash flow investment multi unit just south of Metro San Diego. The large 5,247 square foot lot provides plenty of room for 3 buildings that house 4 units. The unit make up is comprised of 2 2 bedroom/2 bathroom homes at 615 and 590 square feet each. Each unit has a good sized full kitchen and bathroom as well as full closets and storage. Additionally, there are 2 1 bedroom 1 bathroom units at 495 square feet each with full kitchens and bathrooms, good sized closets and extra storage. The units and buildings are very well built and maintained and each are metered separately. The property features on site laundry and security gates. The lot is flat and easily maintained with a perfect mix of hardscaped courtyards and beautiful drought tolerant mature trees and flowering bushes. Each unit is tenant occupied and the property has a vacancy rate of zero and attracts long term tenants. The property has a strong cash flow, room for upside, and runs with extremely low operating costs. Call agent for full Offering Memorandum, current rent roll, pro forma rent roll, and cap rate possibilities. This property is situated within a Federal Opportunity Zone which will provide its owner with a myriad of tax benefits and economic incentives. This is a perfect multi unit opportunity for both new and seasoned investors alike. Own a special piece of San Diego and let this property bring you great returns.
$1,275,000
Chamoune San Diego, CA 92105
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1938
- Baths:
- MLS#:
- 240022500SD
- Subdivision:
- City Heights
ADDITIONAL INFORMATION
Spacious 3 units at 3300 sq ft on a large lot with alley access and exclusive parking. Centrally located near schools, parks, and shops! Front unit is a detached craftsman house with 2 bedrooms, 1 bathroom, and private driveway. The 2 units in the back is a 2 story building with alley access and private parking. All units are 2/1. Rents are under market with great potential. New exterior paint with common washer/dryer hook ups along with 3 water heaters in a large storage area. Do not disturb tenants.
$1,275,000
4129-31 Chamoune Unit 31 San Diego, CA 92105
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- 240022500
- Subdivision:
- City Heights
ADDITIONAL INFORMATION
Spacious 3 units at 3300 sq ft on a large lot with alley access and exclusive parking. Centrally located near schools, parks, and shops! Front unit is a detached craftsman house with 2 bedrooms, 1 bathroom, and private driveway. The 2 units in the back is a 2 story building with alley access and private parking. All units are 2/1. Rents are under market with great potential. New exterior paint with common washer/dryer hook ups along with 3 water heaters in a large storage area. Do not disturb tenants.
$1,349,000
Grand San Diego, CA 92109
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Year built:
- 1951
- Baths:
- MLS#:
- 240022396SD
- Subdivision:
- Pacific Beach
ADDITIONAL INFORMATION
$50,000 price drop. Neighboring duplex has sold. One of the lowest priced Duplex in Pacific Beach. Each unit has it's own large private yard. Ample alley parking for all tenants. Too many amenities to list. All units come with private storage shed as well. Full length lot all the way to the alley allows for many creative ideas. See ADU Build Study and turn this duplex into 4 units with relative ease.. Both units are partially remodeled, un-occupied and rent ready. There is a 1br unit and a 2br unit, both in "rent ready condition) Buy this one first! RM-2-5 Zoning. Listing broker has financial interest in subject property.
$5,195,000
3656 Bayside Walk San Diego, CA 92109
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Baths:
- MLS#:
- 240022439
- Subdivision:
- Mission Bay
ADDITIONAL INFORMATION
Bay Front Duplex - perfect for owner to occupy and have income too. Live the active lifestyle of Mission Bay with front row access to the grass, sand and bay beyond. One of only 10 properties on the grass, close to the Mission Bay Aquatic Center and in the heart of Mission Beach. Custom residence with all the amenities, updated and move-in ready, each with 3 bedrooms, 2.5 baths, washer and dryer, 2 garage spaces, spacious living with private outdoor areas including BBQs and views, views, views.
$1,349,000
1173-75 Grand Unit 75 San Diego, CA 92109
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.07 Acres
- Baths:
- MLS#:
- 240022396
- Subdivision:
- Pacific Peach
ADDITIONAL INFORMATION
$50,000 price drop. Neighboring duplex has sold. One of the lowest priced Duplex in Pacific Beach. Each unit has it's own large private yard. Ample alley parking for all tenants. Too many amenities to list. All units come with private storage shed as well. Full length lot all the way to the alley allows for many creative ideas. See ADU Build Study and turn this duplex into 4 units with relative ease.. Both units are partially remodeled, un-occupied and rent ready. There is a 1br unit and a 2br unit, both in "rent ready condition) Buy this one first! RM-2-5 Zoning. Listing broker has financial interest in subject property.
$2,799,000
2522 2nd Ave San Diego, CA 92103
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1950
- Baths:
- MLS#:
- 240022295SD
- Subdivision:
- San Diego
ADDITIONAL INFORMATION
This is a rare investment opportunity in the prestigious Bankers Hill neighborhood. For the first time in over 51 years, 2522-36 2nd Ave is being offered for sale. This well-maintained, two-story building features eight charming 1-bedroom, 1-bathroom units and sits on a 5,213-square-foot lot. The property offers five off-street parking spaces and an on-site laundry facility, providing additional convenience for tenants. Positioned amidst professional offices and surrounded by new luxury developments, this property is located directly in the path of future growth. With rents currently below market, it presents significant value-add potential for investors, offering the chance to unlock increased rental income through targeted improvements and proactive management.
$2,795,000
W Cedar St San Diego, CA 92101
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1998
- Baths:
- MLS#:
- 240022256SD
- Subdivision:
- Downtown
ADDITIONAL INFORMATION
We are pleased to present for sale the Cedar Lofts, a three unit property located in the heart of the thriving Little Italy neighborhood of San Diego. Cedar Lofts was designed and built by renowned architect Jonathan Segal in 1998 as part of his Kettner Row project which features 16 modern rowhomes situated on a beautiful tree-lined street. Located on the South East corner of Kettner Blvd and Cedar St, Cedar Lofts is the best located unit of the entire Kettner Row project, receiving superior natural lighting and visibility. The unit mix features three modern-style units with two 1 Bed / 1 Bath multilevel ground floor units and one 2 Bed / 1 Bath upstairs unit that serves as the “owner’s unit.” All units are loft style and feature premium finishes with exclusive entry, large patios and balconies, tall ceilings and oversized windows offering plenty of natural lighting. Cedar Lofts is located in the CCPD-NC mixed use zone, allowing for many difference commercial uses, including retail, eating and drinking establishments, hotels and many others. The three units could even be combined to make one larger unit. All three units are currently operated as short-term rentals producing over $16,000 per month in gross revenue.
$3,974,999
3865 Menlo Avenue San Diego, CA 92105
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- CRPTP2405741
View additional info
Courtesy: Commercial Asset Advisors
ADDITIONAL INFORMATION
Commercial Asset Advisors is pleased to present the opportunity to acquire 2 Contiguous parcel Multifamily Assets in Central San Diego totaling 15 units across 3 structures on a 12,625 sqft combined lot. The assets are located in 6.5 FAR Tier 3 Complete Community Zoning, which allows for a future high-density development opportunity. 3865-71 Menlo Ave consists of 5 units: (1) detached 2 bed / 1 bath house and a quadplex of 1 bed / 1 bath units with an onsite laundry room in the rear. The parcel size is 6,375 Sqft. 3877 Menlo consists of 10 units: (8) 1 bed / 1 baths & (2) 2 bed / 1 baths. The parcel size is 6,250 sqft. Both assets are turnkey with additional upside at an in-place cap rate averaging 4.49% or a 4.72% cap rate if rent increases were provided to the immediately viable units. For an investor looking to further maximize returns, lightly renovated units could achieve a proforma cap rate of 5.80%. The asset includes 15 on-site parking spaces providing for a desirable 1 parking space per unit. An additional 5 tandem parking spaces could be achieved if the fence was pushed back on 3865-71 Menlo Ave
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- 240022256
- Subdivision:
- Little Italy
ADDITIONAL INFORMATION
We are pleased to present for sale the Cedar Lofts, a three unit property located in the heart of the thriving Little Italy neighborhood of San Diego. Cedar Lofts was designed and built by renowned architect Jonathan Segal in 1998 as part of his Kettner Row project which features 16 modern rowhomes situated on a beautiful tree-lined street. Located on the South East corner of Kettner Blvd and Cedar St, Cedar Lofts is the best located unit of the entire Kettner Row project, receiving superior natural lighting and visibility. The unit mix features three modern-style units with two 1 Bed / 1 Bath multilevel ground floor units and one 2 Bed / 1 Bath upstairs unit that serves as the â??ownerâ??s unit.â?? All units are loft style and feature premium finishes with exclusive entry, large patios and balconies, tall ceilings and oversized windows offering plenty of natural lighting. Cedar Lofts is located in the CCPD-NC mixed use zone, allowing for many difference commercial uses, including retail, eating and drinking establishments, hotels and many others. The three units could even be combined to make one larger unit. All three units are currently operated as short-term rentals producing over $16,000 per month in gross revenue.
$1,799,000
2415 Boundary St San Diego, CA 92104
Open House:
Saturday, 11/23 11:00-2:00PM
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1961
- Baths:
- MLS#:
- 240023107SD
- Subdivision:
- North Park
ADDITIONAL INFORMATION
Variance granted 2-4 Units. Priced $200K below appraised value! Located atop the canyon rim. Airbnb/VRBO/Live-In Nanny ready. Remodeled interior in 2019. Recent exterior landscaping features a desert design in front, w/ turf/putting green in rear. You'll love hosting in the modern kitchen that connects to the spacious dining room, while the family & living rooms offer plenty of space to entertain. The Elementary School is a short walk. Albert Einstein Academy is another great Charter School close by. Only 15 min to Gaslamp Downtown and Coronado. Variance granted 2-4 Units. Priced $150K below appraised value! Located atop the canyon rim. Airbnb/VRBO/Live-In Nanny ready. Remodeled interior in 2019. Recent exterior landscaping features a desert design in front, w/ turf/putting green in rear. You'll love hosting in the modern kitchen that connects to the spacious dining room, while the family & living rooms offer plenty of space to entertain. The Elementary School is a short walk. Albert Einstein Academy is another great Charter School close by. Only 15 min to Gaslamp Downtown and Coronado. See Appraisal for $2,000,000 Dated 9/16/2024 in Document Section, and link to 3D Matterport Tour
$2,050,000
Georgia Street San Diego, CA 92103
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1928
- Baths:
- MLS#:
- 240022031SD
- Subdivision:
- Hillcrest
ADDITIONAL INFORMATION
Very well maintained and partially renovated fourplex ideally located in the "92103" on the boarder of Hillcrest, University Heights, and North Park. The property is 100% occupied with low operating costs and immediate rental upside. The property features a two-story front house including a 1284 SF three-bedroom with in-unit laundry downstairs and 520 SF fully renovated studio upstairs with private patio and area views. The back building features an 812 SF two-bedroom, fully renovated 263 Sf studio, laundry room, new roof, and off-street parking with ally access. Tenants pay separate utilities and landlord pays water. The property is Complete Communities Tier 3 with FAR of 6.5, ideal for future high density multifamily development. Broker is also the property owner.
$2,495,000
130 Ivy Street San Diego, CA 92101
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- CRPTP2405684
View additional info
Courtesy: SoCal eRealty
ADDITIONAL INFORMATION
This historical Banker's Hill apartment complex is an investor's dream! 5 units total, all leased currently, very little vacancy time. Rents have some room to be increased. All units are appointed with full HVAC, quadruple pane windows, original hardwood flooring, many original touches, such as built-in ironing boards and inlaid kitchen tile. History abounds with this property! Unit 130 was the "banker's quarters" with views of the harbor and bay. A small stairway connects 130 to 134, the former "nanny's quarters". All appliances are included. Two garages exist currently. One garage has been converted to a trash receptacle room. This property has been in the care of one family for so many years, there is no prior transfer history on tax records! Well-cared-for property is looking for a new owner. This property does NOT have a historical designation and does NOT currently qualify for the Mill's Act, however would likely qualify with some due diligence from new owner. Walk to Balboa Park, downtown, Little Italy, and so much more. Submit your offer today!
$2,050,000
3944-3946 Georgia Street San Diego, CA 92103
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Baths:
- MLS#:
- 240022031
- Subdivision:
- University Heights
ADDITIONAL INFORMATION
Very well maintained and partially renovated fourplex ideally located in the "92103" on the boarder of Hillcrest, University Heights, and North Park. The property is 100% occupied with low operating costs and immediate rental upside. The property features a two-story front house including a 1284 SF three-bedroom with in-unit laundry downstairs and 520 SF fully renovated studio upstairs with private patio and area views. The back building features an 812 SF two-bedroom, fully renovated 263 Sf studio, laundry room, new roof, and off-street parking with ally access. Tenants pay separate utilities and landlord pays water. The property is Complete Communities Tier 3 with FAR of 6.5, ideal for future high density multifamily development. Broker is also the property owner.
$2,650,000
Clairemont Dr San Diego, CA 92117
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- 240021963SD
- Subdivision:
- Bay Park
ADDITIONAL INFORMATION
New Construction!! 4-plex bordering Northwest Clairemont/Bayho! This prime coastal investment includes two newly built, modern 3-bed, 2-bath homes with scenic Tecolote Canyon views and two updated, single-level 2-bed, 1-bath units. Together, they generate over $180,000 in gross rents annually. Each unit features private yards, in-unit washers and dryers, and access to community space. With a 2-car driveway and two garages for storage or additional income, this high-demand property offers modern living with easy access to Coastal San Diego.
$2,650,000
4325-4331 Clairemont Dr San Diego, CA 92117
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Baths:
- MLS#:
- 240021963
- Subdivision:
- Bay Ho
ADDITIONAL INFORMATION
New Construction!! 4-plex bordering Northwest Clairemont/Bayho! This prime coastal investment includes two newly built, modern 3-bed, 2-bath homes with scenic Tecolote Canyon views and two updated, single-level 2-bed, 1-bath units. Together, they generate over $180,000 in gross rents annually. Each unit features private yards, in-unit washers and dryers, and access to community space. With a 2-car driveway and two garages for storage or additional income, this high-demand property offers modern living with easy access to Coastal San Diego.
$3,974,999
Menlo Avenue Avenue San Diego, CA 92105
- Type:
- Cluster
- Sq.Ft.:
- 8,789
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.29 Acres
- Year built:
- 1964
- Baths:
- MLS#:
- PTP2405741
ADDITIONAL INFORMATION
3865-77 Menlo Ave presents the opportunity to acquire 2 Contiguous parcel Multifamily Assets in Central San Diego totaling 15 units across 3 structures on a 12,625 sqft combined lot. The assets are located in 6.5 FAR Tier 3 Complete Community Zoning, which allows for a future high-density development opportunity. 3865-71 Menlo Ave consists of 5 units: (1) detached 2 bed / 1 bath house and a quadplex of 1 bed / 1 bath units with an onsite laundry room in the rear. The parcel size is 6,375 Sqft. 3877 Menlo consists of 10 units: (8) 1 bed / 1 baths & (2) 2 bed / 1 baths. The parcel size is 6,250 sqft. Both assets are turnkey with additional upside at an in-place cap rate averaging 4.49% or a 4.72% cap rate if rent increases were provided to the immediately viable units. For an investor looking to further maximize returns, lightly renovated units could achieve a proforma cap rate of 5.80%. The asset includes 15 on-site parking spaces providing for a desirable 1 parking space per unit. An additional 5 tandem parking spaces could be achieved if the fence was pushed back on 3865-71 Menlo Ave
$1,950,000
Sycamore Road Road San Diego, CA 92173
- Type:
- Triplex
- Sq.Ft.:
- 4,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.98 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- PTP2406050
ADDITIONAL INFORMATION
Incredible opportunity for potential to develop up to 18+ units while capitalizing on cashflow generated from existing 3-units currently on property while completing entitlement/permits. Located less than one mile to I-5 and I-805 freeways, MTS trolley lines, bus routes, 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.
$2,595,000
1212 Azusa Street San Diego, CA 92110
- Type:
- Cluster
- Sq.Ft.:
- 3,000
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1972
- Baths:
- MLS#:
- PTP2405640
ADDITIONAL INFORMATION
Location is everything, and this property's central location offers one of the best investment opportunities in San Diego. Situated at the base of University of San Diego, it provides quick access to Mission Bay, Mission Valley, I-8 & I-5 and downtown. The property is located in a highly desirable neighborhood with a substantial university student population and is known for its safety and convenience. All units feature 2 bedrooms and 1 bathroom, ideal for renters seeking comfort and accessibility. With nearby shopping, dining, and entertainment options, this location is perfect for both residents and investors looking to capitalize on San Diego's thriving real estate market. Don’t miss out on this unique opportunity to own a piece of San Diego’s charm. Contact us today to schedule a viewing! Buyer to verify all info.
$2,399,999
2642 44th Street San Diego, CA 92105
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.22 Acres
- Year built:
- 1984
- Baths:
- MLS#:
- CRPTP2405613
View additional info
Courtesy: Commercial Asset Advisors
ADDITIONAL INFORMATION
2642-48 44th St presents the opportunity to acquire a turnkey 9-unit multifamily asset located in the residential focused lower City Heights area of San Diego with an ideal unit mix. The micro location is walking distance to Hamilton Elementary school and just off the beaten bath of the City Center primary thoroughfares providing for a family oriented neighborhood pocket. The 9,391 sqft lot is comprised of three separate buildings: a 6 unit apartment building consisting of (4) 1 bedroom units and (2) 2 bedroom units, a duplex with (2) 2 bedroom/1 bath units with small rear yards, and a detached 2 bedroom/1 bath house. The asset includes 11-12 on-site parking spaces, along with ample street parking. This property offers strong in-place financial metrics with $205,752 in gross annual income yielding a 5.68% cap rate with additional room for growth. An investor looking to maximize returns might consider renovating the units, which could achieve a pro forma cap rate of 6.81%, excluding renovation costs. The detached house could receive a fully fenced yard and private driveway to maximize rental income.
$1,500,000
32nd St San Diego, CA 92104
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1943
- Baths:
- MLS#:
- 240021685SD
- Subdivision:
- North Park
ADDITIONAL INFORMATION
Charming and versatile TRIPLEX, an exceptional Investment Opportunity in the Heart of North Park! This expansive 6,100+ sqft lot features a detached front home with 2 bedrooms/2 baths, accentuated by a beautifully landscaped desert front yard. Inside, enjoy the warmth of hardwood floors throughout, a cozy fireplace, sleek quartz countertops, and the convenience of in-unit laundry—blending classic charm with modern amenities. An oversized driveway provides ample parking for multiple vehicles, an invaluable feature in this bustling community. At the rear, two detached 1-bedroom, 1-bath units offer highly desirable rental opportunities. Both units feature hardwood floors, private shared yard space, and storage and laundry facilities in a repurposed garage, offering tenants both comfort and convenience. The spacious 6,100+ sqft lot with alley access offers outstanding potential for additional income-generating opportunities, building on its already strong returns.. Investors and homeowners alike will appreciate the exponential potential this property offers. Situated just blocks from Balboa Park, vibrant 30th Street, and a multitude of trendy restaurants, breweries, and coffee shops, this triplex offers the perfect blend of quiet living and urban excitement. Don’t miss your chance to own a piece of North Park’s best! See professional video for more details!
$1,500,000
3584-86 32nd St Unit 86 San Diego, CA 92104
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Baths:
- MLS#:
- 240021685
- Subdivision:
- North Park
ADDITIONAL INFORMATION
Charming and versatile TRIPLEX, an exceptional Investment Opportunity in the Heart of North Park! This expansive 6,100+ sqft lot features a detached front home with 2 bedrooms/2 baths, accentuated by a beautifully landscaped desert front yard. Inside, enjoy the warmth of hardwood floors throughout, a cozy fireplace, sleek quartz countertops, and the convenience of in-unit laundryâ??blending classic charm with modern amenities. An oversized driveway provides ample parking for multiple vehicles, an invaluable feature in this bustling community. At the rear, two detached 1-bedroom, 1-bath units offer highly desirable rental opportunities. Both units feature hardwood floors, private shared yard space, and storage and laundry facilities in a repurposed garage, offering tenants both comfort and convenience. The spacious 6,100+ sqft lot with alley access offers outstanding potential for additional income-generating opportunities, building on its already strong returns.. Investors and homeowners alike will appreciate the exponential potential this property offers. Situated just blocks from Balboa Park, vibrant 30th Street, and a multitude of trendy restaurants, breweries, and coffee shops, this triplex offers the perfect blend of quiet living and urban excitement. Donâ??t miss your chance to own a piece of North Parkâ??s best!
$2,195,000
Mansfield St San Diego, CA 92116
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2022
- Baths:
- MLS#:
- 240021434SD
- Subdivision:
- Normal Heights
ADDITIONAL INFORMATION
4847-53 Mansfield St is a four unit apartment complex located above Adams Ave in Normal Heights, San Diego on a 6,298 SF Lot, and offers 2900 of rentable SF. It consists of a 3-bedroom/2-bathroom, 2-bedroom/1-bathroom, 1 -bedroom/1-bathroom, and a studio. Both of the 1-bedroom & 2-bedroom units are brand new construction, built in 2022. The 3-bedroom & Studio are extensively updated throughout. This property offers investors the opportunity to own a completely turnkey property with maximized current market rents.
San Diego Real Estate
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.
San Diego Weather
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.