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 4.30% 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.
Discover the potential of 4609 E Mountain View Drive, a beautifully renovated multifamily home located in the vibrant Normal Heights Neighborhood. The primary dwelling boasts 2 bedrooms and 2 bathrooms. There's a detached 1 bedroom, 1 bathroom ADU spanning 242 square feet. The property is zoned R-3!! This well-maintained property offers an ideal opportunity for investors or a family seeking a home with an ADU.
Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development.
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.
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.
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.
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 4.52% or a 4.76% 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 5.84%. 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
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.
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 4.52% or a 4.76% 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 5.84%. 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
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.
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!
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.
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!
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.
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 $206,880 in gross annual income yielding a 5.81% 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 7.05%, excluding renovation costs. The detached house could receive a fully fenced yard and private driveway to maximize rental income.
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 $206,880 in gross annual income yielding a 5.81% 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 7.05%, excluding renovation costs. The detached house could receive a fully fenced yard and private driveway to maximize rental income.
This centrally located property with Alley access offers endless possibilities. With easy access to Clairemont Town Square, public transportation, and Mission Bay, you're just minutes away from everything you need. Opportunity knocks! Exciting alley access (in fact sellers said they had design plans drawn up for four 1 car garages with 2 rental units on top but other circumstances are causing them to sell.) Recent Upgrades include: Brand new roof, vinyl windows, restuccoed exterior, and a beautifully landscaped raised garden/terrace and fence. There are currently two 1 car garages and parking spaces for 3 cars. This Well Maintained Strong bread and butter Clairemont duplex won't last long so time is of the Essence. Contact Jim with questions.
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.
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.
This duplex has two units with 3 bd 1 bth on each side. Both units are currently rented but units have potential for increase rents! Units have been completely remodeled two years ago so the property is a turn-key investment. Each unit has its own water meter which is really rare for duplexes like this. The property also has plenty of space to add more ADU units in the back. Plans for 3 extra units attached to this listing. Please do not disturb tenants.
This centrally located property with Alley access offers endless possibilities. With easy access to Clairemont Town Square, public transportation, and Mission Bay, you're just minutes away from everything you need. Opportunity knocks! Exciting alley access (in fact sellers said they had design plans drawn up for four 1 car garages with 2 rental units on top but other circumstances are causing them to sell.) Recent Upgrades include: Brand new roof, vinyl windows, restuccoed exterior, and a beautifully landscaped raised garden/terrace and fence. There are currently two 1 car garages and parking spaces for 3 cars. This Well Maintained Strong bread and butter Clairemont duplex won't last long so time is of the Essence. Contact Jim with questions.
This duplex has two units with 3 bd 1 bth on each side. Both units are currently rented but units have potential for increase rents! Units have been completely remodeled two years ago so the property is a turn-key investment. Each unit has its own water meter which is really rare for duplexes like this. The property also has plenty of space to add more ADU units in the back. Plans for 3 extra units attached to this listing. Please do not disturb tenants.
Welcome to 1902-08 Howard Avenue, a rare opportunity to own two side-by-side bungalows in one of San Diego's most sought-after neighborhoods. These delightful homes offer a perfect blend of vintage charm and modern convenience, ideal for owner-occupiers, investors, or those seeking a unique multi-generational living arrangement. Roofs on both homes replaced 2023, 1908 plumbing updated in 2023. Each unit features 1 bedroom and 1 bathroom, boasting classic architectural details. Buyer to cooperate with Seller's 1031 Exchange at no cost to the Buyer. Inviting Interiors: Light-filled living spaces with hardwood floors, original built-ins, and cozy layouts that maximize comfort and functionality. Outdoor Space: Private patios and yard provide plenty of space for entertaining, gardening, or simply enjoying the San Diego sunshine. Off street parking is a plus in North Park.
Welcome to 1902-08 Howard Avenue, a rare opportunity to own two side-by-side bungalows in one of San Diego's most sought-after neighborhoods. These delightful homes offer a perfect blend of vintage charm and modern convenience, ideal for owner-occupiers, investors, or those seeking a unique multi-generational living arrangement. Roofs on both homes replaced 2023, 1908 plumbing updated in 2023. Each unit features 1 bedroom and 1 bathroom, boasting classic architectural details. Buyer to cooperate with Seller's 1031 Exchange at no cost to the Buyer.
4673-77 32nd Street presents an exceptional investment opportunity in the heart of Normal Heights. This 4-unit complex, situated on a 6,681 square foot lot, comprises three separate structures, including two front cottages with 2BR/2BA detached units and a rear building featuring two 1BR/1BA units above four single-car garages. The property has undergone extensive renovations, resulting in strong rental income. The current owners have also initiated the process to add two additional 1BR/1BA ADU units, with plans and permits ready to pass to the new owner, offering significant upside potential. Additional features include modern finishes, mini-split systems for cottages, and private yard spaces for select units, enhancing tenant appeal. This property offers a solid foundation for investors and owner-occupants seeking to maximize returns in a prime location.
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.