Historic North Park, Pride of Ownership, Quality Residences, Well Located, Curb Appeal, Excellent Unit Mix, 9 Unit Rental Community Located in North Park, One of the Most Vibrant Rental Districts in Metro San Diego. Income Property Consisting of (THREE) 2 Bed 1 Bath Apartments, (SIX) 1 Bed 1 Bath Apartments, PLUS 9 Parking Spaces, Alley Access, Close to Lincoln Ave, Built in 1969, Current Monthly Income is Approximately $15,430, Common Area Laundry, 6,107 Square Feet of Rentable Space, Situated on a 49x135 lot. (4152 32nd St, the 9 Units Next Door is also FOR SALE, MLS#240021044.
Historic North Park, Pride of Ownership, Quality Residences, Well Located, Curb Appeal, Excellent Unit Mix, 9 Unit Rental Community Located in North Park, One of the Most Vibrant Rental Districts in Metro San Diego. Income Property Consisting of (THREE) 2 Bed 1 Bath Apartments, (SIX) 1 Bed 1 Bath Apartments, PLUS 9 Parking Spaces, Alley Access, Close to Lincoln Ave, Built in 1969, Current Monthly Income is Approximately $15,430, Common Area Laundry, 6,107 Square Feet of Rentable Space, Situated on a 49x135 lot. (4152 32nd St, the 9 Units Next Door is also FOR SALE, MLS#240021044.
FULLY LEASED GARNET AVE. COMMERCIAL UNITS ON FULL-SIZE LOT LESS THAN 4 BLOCKS TO THE OCEAN IN THE HEART OF THE PACIFIC BEACH BUSINESS DISTRICT. TREMENDOUS PEDESTRIAN AND TRAFFIC COUNTS. FENCED PARKING. CLOSE TO $90,000 PER YEAR INCOME & 3.5% CAP RATE, INCLUDING BILLBOARD INCOME OF APPROXIMATELY $6200 PER YEAR. LOCATION, LOCATION,???????????????????????????????????????? LOCATION!!!
Welcome to a remarkable 2,000 sq ft commercial property located in the Promise Zone and Opportunity Zone. This Logan Heights property boasts many features and opportunities, making it an ideal investment for any business. Whether you're looking to set up a retail store, an office, or any other commercial endeavor, the space can easily adapt to your needs. Save on energy and operating expenses with the property's 42 OWNED SOLAR PANELS. Situated on a 5,100 sq ft lot with privately gated front and rear parking with alley access. Only 1.5 miles from Petco Park and Downtown San Diego.
3738-3740 Van Dyke Avenue is an 11-unit apartment complex that consists of 7,584 rentable square feet situated on a 10,497 square foot lot with ample parking. The unit mix consists of six well laid out 2 Bedroom / 1 Bathroom units and five spacious 1 Bedroom / 1 Bathroom units. The property was built in 1980 and features three double car and two single car garages, common laundry facilities, and plenty of parking in the front. The property has been well-maintained and seven of the units have been remodeled. There is 2.98% assumable debt available due in December 2025.
Pleased to present 234 S Francis Street, a 29-unit multifamily property located in the Logan Heights neighborhood of San Diego. The property is situated on a .7-acre lot, featuring sixteen (16) studios and thirteen (13) one-bedroom / one-bathroom units across 4 buildings. The property currently has 25 of the 29 units vacant providing an easy path to complete an interior and exterior renovation program. Recent improvements to the property include sewer replacement, gas plumbing replacement, new paint, water heaters, tile flooring, new windows, new bath, and lighting for select units. There is also the potential to add additional units or ADUs to the property by building on the undeveloped land to the south or converting ancillary rooms in the existing building. The Logan Heights San Diego community is rich in cultural heritage, and burgeoning potential. The asset is ideally located in close proximity to the heart of Downtown San Diego, a Tier-1 employment center. A new Community Master Plan was recently adopted that aims to strengthen residents and businesses in the Greater Southeast San Diego neighborhoods. Coupled with an overall well-designed economic expansion of Downtown San Diego, the new community plan will bring major positive implications in the submarket over the next few decades. As major economic milestones are being reached nearby and submarket demand continues to increase, this opportunity presents investors the opportunity to capture market rental momentum.
FULLY LEASED GARNET AVE. COMMERCIAL UNITS ON FULL-SIZE LOT LESS THAN 4 BLOCKS TO THE OCEAN IN THE HEART OF THE PACIFIC BEACH BUSINESS DISTRICT. TREMENDOUS PEDESTRIAN AND TRAFFIC COUNTS. FENCED PARKING. CLOSE TO $90,000 PER YEAR INCOME & 3.5% CAP RATE, INCLUDING BILLBOARD INCOME OF APPROXIMATELY $6200 PER YEAR. LOCATION, LOCATION, LOCATION!!!
Pleased to present 234 S Francis Street, a 29-unit multifamily property located in the Logan Heights neighborhood of San Diego. The property is situated on a .7-acre lot, featuring sixteen (16) studios and thirteen (13) one-bedroom / one-bathroom units across 4 buildings. The property currently has 25 of the 29 units vacant providing an easy path to complete an interior and exterior renovation program. Recent improvements to the property include sewer replacement, gas plumbing replacement, new paint, water heaters, tile flooring, new windows, new bath, and lighting for select units. There is also the potential to add additional units or ADUs to the property by building on the undeveloped land to the south or converting ancillary rooms in the existing building. The Logan Heights San Diego community is rich in cultural heritage, and burgeoning potential. The asset is ideally located in close proximity to the heart of Downtown San Diego, a Tier-1 employment center. A new Community Master Plan was recently adopted that aims to strengthen residents and businesses in the Greater Southeast San Diego neighborhoods. Coupled with an overall well-designed economic expansion of Downtown San Diego, the new community plan will bring major positive implications in the submarket over the next few decades. As major economic milestones are being reached nearby and submarket demand continues to increase, this opportunity presents investors the opportunity to capture market rental momentum.
5064-5066 Niagara Avenue is a 6-unit multi-family property located a few steps from the Pacific Ocean in the highly coveted Ocean Beach neighborhood of San Diego, California. The subject property rests on the water in front of the iconic Ocean Beach Pier and is a half a block from popular Newport Avenue. 5064-66 Niagara Avenue is comprised of two 2-story buildings with 6 partially upgraded, very well-maintained units. Units are comprised of a large 1,320 square foot 3 Bedroom/2 Bath unit and five 1 Bedroom/1 Bath units ranging from 497-619 square feet. Units feature a mix of floating vinyl plank, tile, and hardwood flooring, original hardwood cabinetry (a select few with custom white cabinets), quartz and formica countertops, tiled showers, and high-quality vanities. There are three single car garages in the alley with ADU potential, one tandem parking spot, and two surface spots at the front of the property. The property has great bones and a sophisticated investor should bring all units to highest-end finishes and lease short or long term at market rate.
5064-5066 Niagara Avenue is a 6-unit multi-family property located a few steps from the Pacific Ocean in the highly coveted Ocean Beach neighborhood of San Diego, California. The subject property rests on the water in front of the iconic Ocean Beach Pier and is a half a block from popular Newport Avenue. 5064-66 Niagara Avenue is comprised of two 2-story buildings with 6 partially upgraded, very well-maintained units. Units are comprised of a large 1,320 square foot 3 Bedroom/2 Bath unit and five 1 Bedroom/1 Bath units ranging from 497-619 square feet. Units feature a mix of floating vinyl plank, tile, and hardwood flooring, original hardwood cabinetry (a select few with custom white cabinets), quartz and formica countertops, tiled showers, and high-quality vanities. There are three single car garages in the alley with ADU potential, one tandem parking spot, and two surface spots at the front of the property. The property has great bones and a sophisticated investor should bring all units to highest-end finishes and lease short or long term at market rate.
Excited to present a unique chance to acquire a meticulously maintained owner/user property in the industrial/office sector. This property is located at 4422 Glacier Avenue, situated within the Grantville/Mission Gorge submarket in central San Diego, California. The two-story building occupies a 7,506 square foot lot, offering convenient proximity to Mission Valley, Downtown San Diego, and the stunning San Diego coastline. Following the recent approval of the landmark Navajo Community Plan, the Grantville community is set to welcome over 5,000 apartment units to the market. This presents an exceptional opportunity to be at the forefront of the neighborhood's revitalization.
Great opportunity to own 19 Units in Beautiful Point Loma / Ocean Beach area! The property is just 10 minutes to downtown or the Airport with it's wonderful central beach area location! Features include pool and extensive parking.
Wonderful opportunity to own Nine Units in the Point Loma / Ocean Beach area. Centrally located and 10 minutes to downtown and airport.
centrally located Office space near Iris trolley station and 905 freeway
Fully renovated 5-Unit property in Cherokee Point. 3 detached craftsman cottages and 2-story Duplex in the back (5 units total). Community is fully landscaped with outdoor spaces, dog run, auto sprinklers to keep it looking great and a block wall privacy and security gate. All three detached cottages are 2 bd/1ba with private patio/yards and laundry hookups. There are 4 single car garages that can be converted into 2 additional 1bd/1ba units. PLUS a great common space for each unit to have as their own outdoor seating or entertaining area. Inside the cottages have been totally renovated with new kitchens cabinets and countertops, sinks, new appliances, new flooring, new lighting, new flooring, fresh paint, and AC & heat system. The duplex consists of (2) 1bd/1ba units also completely renovated and share a common laundry room downstairs. Fully gated & safe community with privacy from the neighbors with mature tall trees. Less than one block to park and school. This property has tons of opportunity to live in a unit and rent out the rest or for multigenerational living. A feasibility study was conducted showing the cost and timeline for the garage conversions. Property is at 5.86% cap rate with current expenses and sales price. Also the property is located in a TPA zone allowing you to build up to 16 additional units on the property. The feasibility study shows that information as well.
Fully renovated 5-Unit property in Cherokee Point. 3 detached craftsman cottages and 2-story Duplex in the back (5 units total). Community is fully landscaped with outdoor spaces, dog run, auto sprinklers to keep it looking great and a block wall privacy and security gate. All three detached cottages are 2 bd/1ba with private patio/yards and laundry hookups. There are 4 single car garages that can be converted into 2 additional 1bd/1ba units. PLUS a great common space for each unit to have as their own outdoor seating or entertaining area. Inside the cottages have been totally renovated with new kitchens cabinets and countertops, sinks, new appliances, new flooring, new lighting, new flooring, fresh paint, and AC & heat system. The duplex consists of (2) 1bd/1ba units also completely renovated and share a common laundry room downstairs. Fully gated & safe community with privacy from the neighbors with mature tall trees. Less than one block to park and school. This property has tons of opportunity to live in a unit and rent out the rest or for multigenerational living. A feasibility study was conducted showing the cost and timeline for the garage conversions. Property is at 5.86% cap rate with current expenses and sales price. Also the property is located in a TPA zone allowing you to build up to 16 additional units on the property. The feasibility study shows that information as well.
For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction - $249,000. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Features : The establishment possesses a Type 41 Beer & Wine license, hood, grease trap and all FF&E included. For Sale: Thriving Japanese Restaurant & Bar in Prime Hillcrest Location Price: $299,000/ Price Reduction - $249,000. Step into ownership of a thriving Japanese restaurant and bar in the heart of Hillcrest, one of San Diego’s most vibrant and diverse neighborhoods. This 2,100 SF establishment has been successfully operated by the same owners for 9 years, boasting a stable and loyal workforce. Key Financial Highlights (2023): Total Sales: $1,016,100 (including sales tax & tips) Sales: $869,150 (excluding sales tax & tips) Net Income: $120,000 absentee run; $250,000 with part-time owner involvement Operational Details: Hours: 4 PM to 10 PM Owner Involvement: Owner and spouse each work 2 days a week, supported by additional staff on weekends High Margins: Full tip table service system with no sharing, ensuring strong profitability Lease Details: Base Rent: $5,590/month CAM: $1,000/month Lease Term: Expires 06/30/2025 with options for renewal Location & Market Advantages: Prime Location: Situated on University Ave, Hillcrest, a bustling area with a Walk Score of 97, making it a "Walker’s Paradise." The location benefits from heavy foot and vehicle traffic, with over 26,000 vehicles passing daily. Demographics: The surrounding area boasts strong consumer spending, with over $1.05 billion spent on food and alcohol within a 3-mile radius annually. The population within this radius is over 236,000, with a median household income of $83,321, highlighting a customer base with significant disposable income. Features : The establishment possesses a Type 41 Beer & Wine license and a bar with 8 seats. It boasts an impressive array of front-of-house equipment, including a 3-compartment bar sink, a 6-tap two-door beer cooler, a sake machine, a hot water pot, a 48" undercounter refrigerator, a bar ice bin, and 2 POS systems with 3 printers (1 printer in the kitchen). Furthermore, the property features high-capacity HVAC with new water heater, 2 bathrooms, dry storage with server prep/packaging area, and 2 extra-large outdoor storage areas (one with AC). The kitchen is well-equipped with a Type 1, 10-foot hood, a 15-inch char broiler, 6 burners with an oven, a two-hole Chinese wok, a three-door sandwich prep cooler, a two-door sandwich prep cooler, a microwave, an ice machine, a large walk-in cooler, and a 49 cu. ft. two-door freezer. Additionally, there is a 50-gallon grease trap in the basement and an owner-owned dishwasher. The dishwasher room and bathroom were completely remodeled with new a 3-compartment sink, wall and flooring in May 2024. This exceptional opportunity to own a thriving Japanese restaurant and bar in a prime location should not be missed. For further information or to schedule a viewing, please contact us promptly. This is a rare opportunity to own a well-established, profitable restaurant in a high-demand area with significant growth potential. Don’t miss your chance to take over this successful business and benefit from its prime location and robust customer base. Contact us today for more information or to schedule a viewing!
This Wonderful Property Is Centrally Located Off University Avenue Between the 805 and 15 Freeways. It features a 2000+ square foot building that currently operates as a restaurant and food catering services. The space is ample with an industrial kitchen, two large walk-in storage space, separate area for guests to dine in, and a food sales area. There are two bathroom spaces, one at the front of the building used for guests at the moment and one in the back used by the staff. The back of the building also has a small studio that can be an office, etc. The parking area is spacious with room for several vehicles and is gated with access from both the street and the alley in the back. The large gate access in the back is ideal for deliveries. There is tons of potential for this property. It is located in an area that has been seeing large amounts of redevelopment in the past few years.
Prime investment opportunity in the heart of North Pacific Beach! Just 3 blocks from the beach, and walking distance from the beloved shops and restaurants of the North PB neighborhood. This property offers 7 units, currently 100% occupied. Six 1BD/1BA apartment units, plus one 2BD/1BA charming house. The main house and 5 of the apartments were completely remodeled in 2014, with new kitchen cabinets, laminate flooring, new electrical and appliances. There is plenty of storage and parking available. The main house features an additional storage room or office off the master bedroom, a long driveway, and a private patio off the kitchen. There is outdoor, locking storage for the 6 apartments. Community, coin operated laundry for all units. Extremely well maintained and cared for over the years. Seller will consider concessions.
711 61st Street consists of 5,782 square feet of structures on a large 15,799 square foot lot. The unit mix is one 2 bedroom / 1 bath, five 1 bedroom / 1 bath, and five studio units. The subject property has three structures and 13 parking spaces. There are 10 legal units and an 11th unit for which permits are unknown. Two studios had been previously converted to 1 bedroom units. The property has onsite laundry and upside in rents as well as ADU potential. The property is in a predominately residential neighborhood.
We are pleased to present this six-unit investment property in the vibrant and highly desirable North Park neighborhood of San Diego. The gated 6-unit community comprises five (5) 1 BD/1 BA, and one (1) studio apartment. Additionally, the property has 6 off-street parking spots, separate laundry, and maintenance storage. Known for its strong rental market, North Park offers investors a chance to capitalize on an area that combines consistent demand with proximity to some of the city’s most iconic landmarks. The parcel comes with an age-restricted Conditional Use Permit (CUP) that allows for higher-density development, provided that at least one resident in each unit is 62 years of age or older. This CUP is designed to facilitate the creation of much-needed housing tailored to the needs of older adults. This property offers an investor the opportunity to own a multifamily asset in one of San Diego’s most sought-after neighborhoods, known for its high walkability and vibrant community.
Wealth Accumulation has never been so beautiful with this architecturally daring ultra modern and sleek apartment building in the center of Little Italy; Downtown San Diego's hottest and most developing neighborhood! A world class asset surpassing every expectation for Southern California’s high-end real estate and truly a unique phenomenon anywhere in the globe, this penthouse is highly cultivated and detail rich, with sweeping views of the San Diego Bay and Pacific Ocean. Not only is it first in class, it also generates substantial income from the 17 apartment units to which it soars above. The offering is the ENTIRE building, which includes the nearly 7,000 sq. ft. penthouse (interior and exterior) in addition to 4 x 2 bedroom units, 12 x 1 bedroom units and a ground floor studio. While the building has verifiable income today, the possibilities are endless as entire floors can be adapted for other use types: convert a floor for employees’ office space, host out of town guests, run your own bed and breakfast, the options are truly endless!
Seize the opportunity to lease this versatile commercial space located in the vibrant area of Mission Blvd. San Diego. With a prime location at 3788 Mission Blvd, this space is perfect for establishing a yoga studio, dance studio, or other fitness-related business. Key Features: Spacious Layout: Ample open space ideal for yoga classes, dance sessions, or other group activities. Prime Location: Situated in a high-traffic area, offering excellent visibility and accessibility for clients. Bright and Airy: Large windows provide abundant natural light, creating a welcoming and energizing environment. Versatile Use: Suitable for a variety of fitness and wellness activities, including yoga, dance, pilates, or meditation classes. Nearby Amenities: Close to cafes, restaurants, and shops, enhancing the appeal of the location for clients and staff.
La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. There is ASSUMABLE FINANCING available at 3.89% fixed until December 2026. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.
These are truly unique units in Hillcrest area. Located between Scripps Med Center and USD Med Center, walking distance to both. 9 total units on two tax parcels. 5 units on one property, 4 on the other. First property is a small house in front, with 4 1/1 units in back. Second Parcel is 4 2/1 units. These well maintain units all have below market rents being collected. No rent restrictions. All units have off street parking.
San Diego is located in California. San Diego, California has a population of 1,390,966. San Diego is less family-centric than the surrounding county with 33.94% of the households containing married families with children. The county average for households married with children is 34.63%.
The median household income in San Diego, California is $71,535. The median household income for the surrounding county is $70,588 compared to the national median of $57,652. The median age of people living in San Diego is 34.3 years.
The average high temperature in July is 78.8 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 12.1 inches per year, with 0 inches of snow per year.
