Located close to shopping center, post office, fire department, bus stop, freeways etc. has alley access for additional ADU's.
EXCELLENT INVESTMENT OPPORTUNITY IN UNIVERSITY HEIGHTS. This 864 sq. ft. duplex sits on a 2,722 sq. ft. lot and consists of two separate 1-bedroom, 1-bathroom apartments, making it an attractive opportunity for investors. The property is located in University Heights, close to the Vermont Street Pedestrian Bridge, as well as numerous shops, restaurants, entertainment venues, and the vibrant Hillcrest neighborhood. It is also conveniently located near several major hospitals and just minutes from popular attractions such as the San Diego Zoo. The upstairs unit is fully remodeled and features fresh paint throughout, new flooring, new gas stove and range hood, upgraded cabinets and counter tops, mirrored closet doors, new ceiling fans and upgraded lighting, new wall heaters, electric washer and dryer hookups, spacious private patio deck, small bedroom balcony and storage shed. The downstairs unit is a fixer opportunity which requires a full remodel but features a large private deck, attached garage, long driveway with parking for up to 4 cars and washer and dryer hookups. Investment Highlights: Both units will be delivered vacant, allowing the buyer to place their own tenants and establish market rents and lease terms. Prime central location near dining, nightlife, medical centers, and major San Diego attractions.
Six-unit multifamily consisting of four (4) one-bedroom/one-bath units, one (1) larger one-bedroom/one-bath unit with a private balcony, and one (1) detached three-bedroom/one-bath house at the front of the property. Recent improvements include dual-pane windows, partial ABS sewer line upgrades, new electrical subpanels, and balconies that have passed SB-721 inspection requirements. Additional features include two single-car garages, two carport spaces, three storage closets, and an approximately 200 square foot storage shed, offering potential additional storage and parking options. PLEASE DO NOT DISTRUB TENANTS!
2715 A Street presents a rare opportunity to acquire a fully renovated, turn-key 4-unit property in the heart of Golden Hill, one of San Diego’s most centrally located and rapidly appreciating urban neighborhoods. Just one block from Golden Hill Park and adjacent to Balboa Park Golf Course, the property also enjoys immediate proximity to Downtown San Diego and convenient access to Interstate 5. Residents benefit from walkability to Golden Hill’s vibrant retail, dining, and neighborhood amenities. Current ownership has completed a comprehensive interior renovation down to the studs, creating a modern, low-maintenance asset designed to attract high-quality tenants and deliver stable long-term performance.
Conveniently located in North Park and just a few minutes away from dozens of shops and restaurants, 2609-2611 Montclair is a great property without shared walls. This property is a duplex but is being offered with the adjacent duplex (MLS # 260004768 - 3606-3612 Maple) as the seller owns both properties. All residences consist of a 3BR/1BA and 960 sqft detached properties. There is plenty of street parking and each unit has its own laundry. Please inquire for more details.
Conveniently located in North Park and just a few minutes away from dozens of shops and restaurants, 3606-3612 Maple is a great duplex without shared walls. Both residences consist of a 3BR/1BA and 960 sqft single family property - 3612 Maple has just been fully renovated and is vacant. There is plenty of street parking and each unit has its own laundry. Please inquire for more details.
Conveniently located in North Park and just a few minutes away from dozens of shops and restaurants, 2609-2611 Montclair is a great property without shared walls. This property is a duplex but is being offered with the adjacent duplex (MLS # 260004768 - 3606-3612 Maple) as the seller owns both properties. All residences consist of a 3BR/1BA and 960 sqft detached properties. There is plenty of street parking and each unit has its own laundry. Please inquire for more details.
Conveniently located in North Park and just a few minutes away from dozens of shops and restaurants, 3606-3612 Maple is a great duplex without shared walls. Both residences consist of a 3BR/1BA and 960 sqft single family property - 3612 Maple has just been fully renovated and is vacant. There is plenty of street parking and each unit has its own laundry. Please inquire for more details.
Multi-Unit Opportunity in a Thriving san Diego Neighborhood. Versatile Family Compound perfect for multi-generational living or strong rental income. Live in one unit and rent out the others! Main home offers 3BR/1 Bath, 928 Sq Ft, full of natural light and charm. Attached Junior ADU,230 sq ft features a private entrance, kitchen, and full bath. Detached 1Br/1Bath ADU, 400 sq ft boasts its own front yard, private driveway and rear alley access. Three separate living spaces give you unmatched flexibility. This is a rare chance to own a property with built-in income potential. Paid off SOLAR PANELS. Electric car charger. Don't miss this income producing Gem!
Set on a 5,249 SF lot in one of San Diego's most sought-after urban neighborhoods, this well-maintained, fully leased, independently metered triplex delivers compelling income from day one. Multi-family inventory in University Heights is critically constrained and properties like this rarely come to market. Main House — 1,334 SF 3BD/2BA Bonus office/flex space, enclosed sunroom, in-unit laundry, full kitchen, large porch, and unique finishes throughout. Unit A — 529 SF 1BD/1BA Full kitchen, quality appliances, laminate flooring, light and bright Unit B — 546 SF 1BD/1BA Full kitchen, quality appliances, laminate flooring, charming and well cared for Pro forma rents have potential reach $9,400/month, $112,800 annually — representing $2,210/month in projected upside as leases roll to market. Estimated pro forma cap rate: 4.36%. On-site laundry, 615 SF storage, 4 parking spaces, 3 are covered carport spaces with storage and alley access. University Heights delivers walkable Park Boulevard living — independent restaurants, craft breweries, coffee shops, and live music steps away. Old Trolley Barn Park nearby. Kensington, Normal Heights, Hillcrest, and North Park all within easy reach. Balboa Park moments away. Downtown 15–25 min via CA-163/I-8. SAN Airport is under 5 miles away. Strong rental demand supported by proximity to SDSU, USD, downtown employment, and the medical corridor. Whether you're an investor or a buyer ready to house-hack your way into San Diego — 4581 Georgia Street is the phenomenal opportunity you have been searching for.
Solid 5 CAP with with shown market rents! NEW CONSTRUCTION! Perfect for an owner-occupied buyer! Live in a brand new spacious 3 bedroom unit while tenants pay the majority of your mortgage! 4324–4330 Felton Street is a newly completed four-unit multifamily compound located just east of North Park, along the El Cajon Blvd corridor. The property features two brand-new 3-bedroom homes and two fully remodeled 1-bedroom bungalows, all designed with high-efficiency systems, premium finishes, and private outdoor space. Positioned in the path of North Park’s eastward growth with zero deferred maintenance and strong long-term fundamentals. Two of the four units are now rented and property includes six parking spaces, a rarity for new construction.
Just steps to the sand on the ocean side of San Jose Place, this Mission Beach duplex offers an exceptional opportunity for investors and end users alike. Situated on a 1,250 sq ft lot, the existing duplex features two 1-bedroom, 1-bath units of approximately 400 sq ft each. Ideal for owner occupancy with income or as a prime redevelopment site. ***The adjacent 1,250 sq ft lot with parking and a 2-car garage structure is also available; both properties may be sold separately or together. *** Perfectly positioned in the heart of Mission Beach, enjoy effortless access to dining, boardwalk strolls, and endless beach days right outside your door. Outstanding walkability to the bay, ocean, shops, and restaurants makes this a great coastal opportunity.
Solid 5 CAP with with shown market rents! NEW CONSTRUCTION! Perfect for an owner-occupied buyer! Live in a brand new spacious 3 bedroom unit while tenants pay the majority of your mortgage! 4324–4330 Felton Street is a newly completed four-unit multifamily compound located just east of North Park, along the El Cajon Blvd corridor. The property features two brand-new 3-bedroom homes and two fully remodeled 1-bedroom bungalows, all designed with high-efficiency systems, premium finishes, and private outdoor space. Positioned in the path of North Park’s eastward growth with zero deferred maintenance and strong long-term fundamentals. Two of the four units are now rented and property includes six parking spaces, a rarity for new construction.
Just steps to the sand on the ocean side of San Jose Place, this Mission Beach duplex offers an exceptional opportunity for investors and end users alike. Situated on a 1,250 sq ft lot, the existing duplex features two 1-bedroom, 1-bath units of approximately 400 sq ft each. Ideal for owner occupancy with income or as a prime redevelopment site. ***The adjacent 1,250 sq ft lot with parking and a 2-car garage structure is also available; both properties may be sold separately or together. *** Perfectly positioned in the heart of Mission Beach, enjoy effortless access to dining, boardwalk strolls, and endless beach days right outside your door. Outstanding walkability to the bay, ocean, shops, and restaurants makes this a great coastal opportunity.
Welcome to Torrey Vista Ranch. Space to grow. Room to breathe. A legacy to build. Set on over one acre and perched above the pristine beaches of Del Mar, Torrey Vista Ranch presents a rare opportunity to own a versatile property in one of North County’s most sought-after enclaves. Elevated to capture ocean breezes and sunset skies, the property offers privacy, space, and flexibility, just minutes from beaches, premier shopping, dining, and top-rated schools. The property features two separate 2-bedroom, 1-bath residences, providing ideal potential for multi-generational living, rental income, guest accommodations, or an owner-occupied residence. Two detached offices add valuable flexibility for remote work, studio space, or future use. Expansive grounds with mature landscaping and open areas offer room to expand, entertain, garden, or further enhance (subject to approvals). The generous lot size and flexible zoning provide long-term potential in a premier coastal corridor. Enjoy the balance of peaceful, elevated living with convenient access to Del Mar’s beaches, scenic trails, golf courses, and major commuter routes. Whether seeking space to grow, income opportunity, or a long-term family compound, Torrey Vista Ranch delivers land, location, and versatility in a truly exceptional setting.This is more than a duplex. More than a large lot. More than a convenient location. Torrey Vista Ranch is a place where holidays are hosted, milestones are celebrated, and generations return year after year. It is land, light, flexibility, and future—wrapped into one extraordinary offering
Berkadia is pleased to present the opportunity to acquire 4459 Fanuel Street, a master leased, turnkey, 17-unit asset in the heart of Pacific Beach, one of San Diego’s most dynamic coastal rental markets. Just blocks from the beach, bay and vibrant neighborhood amenities, the property offers an irreplaceable location that consistently attracts strong, lifestyle-driven demand. 4459 Fanuel Street’s central location puts residents in close proximity with some of San Diego’s best lifestyle amenities and destinations outside of Pacific Beach. The property is master leased by Solara Mental Health to provide an on-site care facility to their clients, as their office and treatment center is located just around the corner on Garnet Avenue.
Excellent 5-unit investment opportunity in the heart of University Heights! This versatile property at 4666-70 Oregon St features a charming front duplex (2bd/1ba & 1bd/1ba) and a spacious rear triplex (2bd/1ba & 2x1bd/1ba). The property includes 4 garage parking spaces, 2 patio areas and a community laundry room. Currently occupied by stable, long-term tenants, the asset provides immediate cash flow with substantial value-add upside to increase rents to market rates through strategic updates. The location is unbeatable, boasting a high walkability factor just steps from the vibrant dining, craft coffee, and nightlife scenes on Adams Ave and Park Blvd. Residents enjoy easy access to Trolley Barn Park and seamless commuting via the I-805 and Hwy 163.
Priced for an immediate sale at $45k per unit below the 1980s+ Sale Comp Average over the last year! 3854 50th Street presents a compelling opportunity to acquire a low-maintenance 1980s construction asset in a historically high-demand yet affordable Central San Diego location. This “workhorse” investment combines strong in-place income with desirable infrastructure improvements and systems. The property benefits from major infrastructure improvements and durable 1980s-era construction features that materially reduce long-term ownership risk and expense. The building features ABS sewer lines and new copper water supply lines that have been rerouted from the slab to the building’s exterior — a significant upgrade compared to older assets with aging cast iron plumbing. The electrical system consists of original 1980s Arrow Hart Murray panels, which are not flagged by insurance carriers. Improvements include a new roof (2020), dual-pane windows, parking lot repave, and new code-compliant catwalk railings. Seasoned investors recognize the substantial cost burden associated with replacing cast iron plumbing, in-slab water lines, and outdated electrical panels — expenses that can average $25,000–$35,000 per unit, excluding demolition and reconstruction costs. This asset avoids those major capital exposures, offering a more predictable and expense-controlled operating profile. The property produces a strong 6.10% cap rate and 9.95 GRM with the immediately available rent increases and a 6.86% proforma cap rate post full interior renovations. Unit interiors have received light updates over time but currently reflect deferred maintenance and dated finishes. All units can receive an immediate rent increase allowing for additional income or used as a strategy to encourage natural unit turnover to begin unit renovations for even higher rent capability. The property consists of eight (8) 1-bedroom / 1-bath units and two (2) 2-bedroom / 1.5-bath units situated on an oversized 12,885 SF lot with approximately 5,696 SF of rentable living space. The property provides 17 parking spaces, creating the opportunity for additional income from tenants requiring more than one space. An onsite laundry room is present but currently not equipped with machines, presenting immediate upside through installation of a laundry service as both a tenant amenity and supplemental income stream. Utilities include 11 electric meters, one gas meter, and one water meter. Residents enjoy proximity to many of San Diego’s major employment and lifestyle centers, all within a 5–15 minute drive, including Downtown San Diego, North Park, Mission Valley, Fashion Valley, SDSU, USD, Naval Base San Diego, and Scripps Medical Center. The property offers excellent freeway connectivity via I-15, I-805, I-8, and SR-94, supporting strong tenant demand and long-term rental stability.
Welcome to Torrey Vista Ranch. Space to grow. Room to breathe. A legacy to build. Set on over one acre and perched above the pristine beaches of Del Mar, Torrey Vista Ranch presents a rare opportunity to own a versatile property in one of North County’s most sought-after enclaves. Elevated to capture ocean breezes and sunset skies, the property offers privacy, space, and flexibility, just minutes from beaches, premier shopping, dining, and top-rated schools. The property features two separate 2-bedroom, 1-bath residences, providing ideal potential for multi-generational living, rental income, guest accommodations, or an owner-occupied residence. Two detached offices add valuable flexibility for remote work, studio space, or future use. Expansive grounds with mature landscaping and open areas offer room to expand, entertain, garden, or further enhance (subject to approvals). The generous lot size and flexible zoning provide long-term potential in a premier coastal corridor. Enjoy the balance of peaceful, elevated living with convenient access to Del Mar’s beaches, scenic trails, golf courses, and major commuter routes. Whether seeking space to grow, income opportunity, or a long-term family compound, Torrey Vista Ranch delivers land, location, and versatility in a truly exceptional setting.This is more than a duplex. More than a large lot. More than a convenient location. Torrey Vista Ranch is a place where holidays are hosted, milestones are celebrated, and generations return year after year. It is land, light, flexibility, and future—wrapped into one extraordinary offering
Charming canyon-backed duplex in desirable Talmadge. Property consists of a 2 bed, 1 bath main home and a detached 1 bed, 1 bath bungalow, offering excellent flexibility for owner occupants or investors. The main residence features original hardwood floors, an attached garage, and French doors from the primary bedroom leading to a private patio and deck. The rear unit has been upgraded with split AC for added comfort. Both units offer spacious, individually fenced yards, two SDG&E meters, onsite laundry, dedicated onsite parking, and ample street parking. Conveniently located near Kensington and Adams Ave with close access to shopping, dining, and freeways. Ideal opportunity to live in one unit and generate rental income from the other.
The Von Bluecher Group at Lee and Associates is proud to present 2611 Adams Avenue, San Diego Multifamily Investment Property, a fully rebuilt 2025 mixed use apartment building investment located in the heart of North Park along the highly desirable Adams Corridor. This San Diego multifamily and mixed use investment offers diversified income from a stabilized restaurant lease and 10 fully furnished luxury boutique suites, delivering strong in place cash flow in one of the most walkable and supply constrained neighborhoods in San Diego. The property sits on a 7,009 square foot lot with approximately 3,360 square feet of total building area and includes five on site parking spaces. The building was rebuilt from the ground up in 2025 with modern construction, open floor plans, and high end interior and exterior finishes. Multifamily and Mixed Use Investment Highlights The residential component includes 10 fully furnished luxury boutique suites totaling approximately 2,330 square feet. Six units are approximately 285 square feet and four units are approximately 155 square feet. Each suite features a private bathroom, wet bar amenities, and modern finishes, making the property ideal for short term rental, corporate housing, extended stay, or traditional multifamily configurations. The luxury suites are projected to generate approximately $26,215 per month at an 80 percent average occupancy rate, reflecting strong demand for furnished housing in North Park and the Adams Corridor. The commercial component includes a 1,030 square foot tap room with a full bar, walk in refrigerator, storage areas, and indoor dining space. The combined square footage of the tap room and outdoor patio totals approximately 3,500 square feet, creating a vibrant indoor outdoor hospitality environment. The restaurant space is leased at $15,000 per month NNN and is anchored by Una Mas on Adams and Gold Soul Craft Coffee, generating consistent activity and neighborhood traffic. Investment Profile • Approximately $41,215 per month in combined income • 6.36 percent cap rate • 9.09 GRM • Ground up rebuild completed in 2025 • Potential AB1482 exemption associated with newer construction *Some income and expense metrics are projected and/or estimated, buyer to verify and conduct their own due diligence. This North Park apartment building investment benefits from strong neighborhood demand, steady foot traffic, and proximity to restaurants, breweries, retail, and parks. Adams Avenue continues to attract private capital and 1031 exchange buyers seeking stabilized San Diego multifamily and mixed use investment opportunities. Multiple financing options may be available, including traditional bank financing, SBA financing, hard money, and potential seller financing for qualified buyers. For additional information, financials, or a confidential property valuation for your own San Diego multifamily investment, please contact The Von Bluecher Group at Lee and Associates.
Turn Key student rental property with a rent guarantee through August 2027 for $13,000 per month at a 5.8% CAP RATE WITH 3RD PARTY MANAGEMENT IN PLACE. Excellent passive cash-flowing investment and 1031 exchange option. Main house is a 6bed/3ba, ADU in front is a 4bed/2ba. Units share access to the pool and deck with views overlooking the canyon. All market rate no deed restrictions! Located a short drive to SDSU campus surrounded by high demand student rentals. This property usually rents many months in advance each year due to the beautiful finishes through out and the large pool with views - a unique amenity that students search for in SoCal. Units have in-unit washer dryers, full kitchens, private entrances, and ample street parking.
TURN KEY 4-unit SDSU student rental property offered at a 5.9% CAP rate WITH MANAGEMENT in place! 6407-13 Richard St is comprised of (1) 5BR/3BA, (2) 4BR/2BA, and (1) 3BR/2BA - totalling 16beds/9baths and 4,410 sqft. Current management is very effective in negotiatinghigh rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with earlyrenewals so vacancy averages less than 2%. This new construction property is expected to generate $20,200/month starting August 2026 rented on a year lease to students
4170 N 48th Street is an 8-unit multifamily investment property located in the City Heights submarket of San Diego, California. The property consists of a well-balanced unit mix of six (6) two-bedroom / one-bath units and two (2) one-bedroom / one-bath units, catering to strong and consistent renter demand in this centrally located neighborhood. Situated on a residential street, the asset benefits from proximity to major employment corridors, retail centers, public transportation, and easy access to Interstate 15 and Interstate 805, providing convenient connectivity throughout San Diego County. City Heights continues to experience sustained rental demand due to its relative affordability compared to surrounding submarkets and its close proximity to Downtown San Diego, North Park, and Mission Valley.
Welcome to 4530–4536 38th Street, a fully remodeled fourplex ideally located in the vibrant and highly walkable community of Normal Heights. 3,224 Sqft Units just steps from University Heights, North Park, and Kensington, this property offers the charm, culture, and appreciation trends of all three neighborhoods while sitting in one of San Diego’s most strategically located growth corridors. Extensively remodeled in late 2023, each unit has been upgraded with new windows, updated flooring, fresh interior paint, various improvements, and exterior enhancements. The result is a clean, modern, turnkey asset with strong in-place income performance. Fully occupied, These Identical Units make about $156,000 in gross annual income, with Long term rents. However, the true upside is in short-term rental positioning, bringing projected total gross revenue to roughly $234,000 per year. In a high-demand rental corridor like this, that performance shift can dramatically enhance overall return. For a VA-qualified buyer this presents a rare house-hack opportunity. Living in one unit while renting the remaining three creates an immediate wealth-building structure, and 0% Down Payment being priced within the conforming loan limit. As an investor, the RM-1-1 zoning, Alley Access, Transit Priority Area, Sustainable Development Area, and Complete Communities initiative, this parcel offers maximum development flexibility and density potential, subject to city approval. Turn-key, Immediate income, Walkability, and Added Potential makes this the Ideal Investment, Owner-User and Investors alike!

San Diego is located in California. 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.