Newly constructed 5-unit multifamily asset completed in 2024, offering a rare opportunity to own a modern, low-maintenance investment property in one of San Diego’s most connected urban locations. Built for long-term efficiency, the property features owned solar, all-electric building systems, and in-unit washer and dryer in every unit, creating a highly attractive setup for both investors and tenants. The newer construction and energy-conscious design help support lower maintenance demands and more efficient day-to-day operation. The property consists of two detached buildings with a desirable mix of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Contemporary finishes, functional layouts, and modern design elements give the property strong tenant appeal and position it well against older housing stock in the area. Ideally located just south of Downtown San Diego near the Coronado Bridge, the property benefits from excellent access to major employment hubs, transportation corridors, dining, retail, and entertainment. The surrounding Barrio Logan area is one of San Diego’s oldest and most culturally rich neighborhoods, located south of Downtown and shaped by the presence of the Port of San Diego and Naval Station San Diego. It is also known for its gallery scene, shopping, dining, and proximity to Chicano Park, a National Historic Landmark and cultural destination. These neighborhood qualities help create the kind of location story that stands out to renters and investors alike. With new construction, owned solar, all-electric efficiency, in-unit laundry, and a location near Downtown and the Coronado Bridge, this property presents a compelling turnkey multifamily opportunity in a strong San Diego rental corridor.
Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units. Commercial zoning offers potential future redevelopment opportunities (buyer to verify with City). Centrally located in a high-demand rental area with convenient access to freeways, public transit, and local amenities. Ideal for investors seeking a blend of stabilized income, new construction, and upside potential. Do not disturb tenants.
Beach life style in Pacific Beach! Now available, Both units been remodeled two years ago from ground up. Front unit offers 1 BR /1 BA with front yard fully fenced, full kitchen full bath w/ inside laundry & it's furnished. Back unit offers 2 bedroom 1 bath, Walk-in closets, full kitchen w/custom cabinetry & inside laundry. Both are single level, no one above you or below you, no stairs, newer roof, tankless water heater for each home, ceiling fans, wood style in tile flooring, the property was pre-plumbed for another ADU in the back. Units offers off street parking in the back.
Viewings with accepted offers only. An exceptional new construction opportunity for investors seeking a truly hands-off, stabilized asset in one of San Diego’s most consistently strong rental pockets. Linda Vista continues to stand out as a central suburb with convenient access to the bay, Clairemont, USD, and major employment hubs—driving steady tenant demand and long-term rent growth. Unlike many opportunities in this price range, where buyers are required to inject additional capital into renovations or reposition under-market units, this property offers a rare alternative: new construction and fully remodeled units that provide immediate stability and peace of mind, minimizing future capital expenditures. The property consists of a detached 2BR/1BA home and two newly constructed 3BR/2.5BA townhomes, each featuring attached garages and private patios. Interiors are thoughtfully designed with quartz countertops, modern cabinetry, in-unit laundry, and high-end finishes that appeal to quality long-term tenants. Situated on a 5,800 SF lot with 3,146 SF of net rentable space, the property is well-positioned to attract students, professionals, and families alike.
4755 Felton Street is a turnkey 14 unit multifamily investment opportunity located just North of Adams Avenue in the center of the desirable Normal Heights neighborhood of San Diego, California. Originally constructed in 1969 and fully renovated and upgraded in 2022, this attractive asset sits on a 9,419-square-foot lot and is comprised of approximately 9,932 square feet of building area. The property features a desirable and well-balanced unit mix consisting of (6) two-bedroom / one-bathroom units, (7) one-bedroom / one-bathroom units, and (1) studio unit, catering to an ideal tenant base. Additionally, there are (14) off-street parking spaces, (7) in the front and (7) in the rear off the alley. The property has undergone extensive exterior and interior renovations and upgrades including electrical, roof & windows, in-unit washer/dryers, wall air conditioning units, and dishwashers. Being just North of Adams Avenue, at the center of Normal Heights Business District, gives tenants convenient walkable access to all that Adams Avenue has to offer. Additionally, it offers quick easy access to Interstates 805, 15 and 8.
Live in One, Rent the Other! Rare opportunity to own two fully detached, independently metered homes on a single lot! This versatile property is perfect for a homeowner looking to subsidize their mortgage or an investor seeking a high-yield asset. The front home features 2 bedrooms and 1 bath across nearly 1,000 sq. ft., complete with a spacious yard perfect for entertaining or future development. The second home offers a generous 1,100 sq. ft. layout with 2 bedrooms and 1 bath. Both units have been meticulously renovated from top to bottom, featuring modern kitchens, designer bathrooms, new flooring, fresh paint, A/C, and stainless steel appliances. Located in the heart of vibrant City Heights, you’re just minutes from Rosa Parks Elementary, the City Heights Rec Center, and local shopping. Move-in ready and waiting for the right buyer—see it today before it’s gone!
Rare opportunity directly across from the main entrance of the University of San Diego. The unit mix features two 2 bedroom / 1 bath units, one 3 bedroom / 1 bath, and one standout 2 bedroom / 2 bath owner's suite with hardwood floors, a private balcony, and exclusive access to a rooftop deck with sweeping views, ideal for an owner occupant looking to live in one and rent the others. Units are larger than typical vintage stock in the area, with five on-site parking spaces, common-area laundry, and a separate storage room. CC-3-4 zoning with a 4.0 FAR adds meaningful long-term flexibility for ADU addition or future density. Located in the heart of Morena, the property is minutes from Downtown, Mission Bay, Old Town, and Fashion Valley, with walkability to the Morena/Linda Vista Trolley station and Tecolote Canyon trails. A clean, turnkey asset with a built-in tenant pipeline from USD, local hospitals, and Downtown employment, well suited for an owner occupant, 1031 buyer, or local investor.
Excellent value-add investment opportunity! The property consists of two tenant-occupied units currently generating stable, average market rents, offering immediate income with future upside. The front residence is a renovated 2-bedroom, 1-bath home with a private backyard and dedicated driveway providing ample off-street parking. The rear unit is a modest studio situated toward the back of the lot, complemented by a spacious yard and convenient alley access—ideal for potential expansion or reconfiguration. Additional income potential is supported by a detached garage currently leased to the front unit. The layout and lot configuration provide flexibility for investors seeking to maximize returns through redevelopment, unit expansion, or ADU addition (buyer to verify all possibilities). An excellent opportunity for investors looking to acquire a performing asset with value-add potential and long-term growth.
Ideally situated in the highly desirable Golden Hill neighborhood of San Diego, just minutes from the entrance to the 94 freeway, this well-maintained multi-unit property offers both convenience and strong income potential. Each unit features a consistent, functional layout (model match), with Unit 4 offering an expanded private patio, adding additional tenant appeal. The property has been thoughtfully upgraded, including modernized kitchens and bathrooms, updated electrical and plumbing systems, and efficient wall heaters and mini split AC units. Additional highlights include: on-site laundry providing extra income, two parking spaces per unit (highly desirable in this area), private storage lockers for each unit and renovated in 2017. The current tenants currently cover the majority of operating expenses, resulting in extremely low monthly ownership costs and strong net income potential. Please note Unit # for Unit 1: 1103 Unit # for Unit 2: 1105 Unit # for Unit 3: 1115 Unit # for Unit 4: 1117
Rare 4-unit investment opportunity across from Teralta Park offering strong in-place income and long-term upside. Corner lot property featuring two original studio units and two newly constructed ADUs (4208) completed in 2024 with final sign-off—both currently leased. Unit mix includes two studios and two 1-bedroom units (approx. 320–448 sq ft), providing a diversified rental profile. Total current gross income of $6,775/month, including $625/month from a Clear Channel billboard lease. Property includes 4 separate meters for clean utility separation and operational efficiency. One unit has been recently updated, with additional value-add potential in the remaining original units. Commercial zoning offers potential future redevelopment opportunities (buyer to verify with City). Centrally located in a high-demand rental area with convenient access to freeways, public transit, and local amenities. Ideal for investors seeking a blend of stabilized income, new construction, and upside potential. Do not disturb tenants.
Beach life style in Pacific Beach! Now available, Both units been remodeled two years ago from ground up. Front unit offers 1 BR /1 BA with front yard fully fenced, full kitchen full bath w/ inside laundry & it's furnished. Back unit offers 2 bedroom 1 bath, Walk-in closets, full kitchen w/custom cabinetry & inside laundry. Both are single level, no one above you or below you, no stairs, newer roof, tankless water heater for each home, ceiling fans, wood style in tile flooring, the property was pre-plumbed for another ADU in the back. Units offers off street parking in the back. Beach life style! Now available, Both units been remodeled two years ago from the ground up. Front unit offers 1 BR /1 BA with front yard fully fenced, full kitchen full bath w/ inside laundry & it's furnished. Back unit offers 2 bedroom 1 bath, Walk-in closets, full kitchen w/custom cabinetry & inside laundry & outdoor Spa. Both are single level, no one above you or below you, no stairs, Tankless water heater for each home, ceiling fans, wood style in tile flooring, solar tubes, the property was pre-plumbed for another ADU in the back. Units offers off street parking in the back.
Viewings with accepted offers only. An exceptional new construction opportunity for investors seeking a truly hands-off, stabilized asset in one of San Diego’s most consistently strong rental pockets. Linda Vista continues to stand out as a central suburb with convenient access to the bay, Clairemont, USD, and major employment hubs—driving steady tenant demand and long-term rent growth. Unlike many opportunities in this price range, where buyers are required to inject additional capital into renovations or reposition under-market units, this property offers a rare alternative: new construction and fully remodeled units that provide immediate stability and peace of mind, minimizing future capital expenditures. The property consists of a detached 2BR/1BA home and two newly constructed 3BR/2.5BA townhomes, each featuring attached garages and private patios. Interiors are thoughtfully designed with quartz countertops, modern cabinetry, in-unit laundry, and high-end finishes that appeal to quality long-term tenants. Situated on a 5,800 SF lot with 3,146 SF of net rentable space, the property is well-positioned to attract students, professionals, and families alike.
Introducing 332-336 1/2 35th St, a quadplex at an unbeatable price of just $300,000 per door. All 4 units offer a 2 bedroom/ 1 bath layout. with pro forma rents yielding an impressive cap rate of 7.39%. This is the investment you have been searching for! Below-market rents present immediate upside for value-add potential. Each unit boasts its own gas, electric, and water heater, ensuring convenience and clarity for the next owner. The property has been enhanced with new windows and a fresh coat of paint, while major components have received recent upgrades. This allows you to focus on refining cosmetic details to maximize each unit's earning potential. Located conveniently near shopping, transit, and major highways (15 and 94), this property promises low vacancies. Tenants are currently on a month-to-month basis and are eager to stay.
Live in One, Rent the Other! Rare opportunity to own two fully detached, independently metered homes on a single lot! This versatile property is perfect for a homeowner looking to subsidize their mortgage or an investor seeking a high-yield asset. The front home features 2 bedrooms and 1 bath across nearly 1,000 sq. ft., complete with a spacious yard perfect for entertaining or future development. The second home offers a generous 1,100 sq. ft. layout with 2 bedrooms and 1 bath. Both units have been meticulously renovated from top to bottom, featuring modern kitchens, designer bathrooms, new flooring, fresh paint, A/C, and stainless steel appliances. Located in the heart of vibrant City Heights, you’re just minutes from Rosa Parks Elementary, the City Heights Rec Center, and local shopping. Move-in ready and waiting for the right buyer—see it today before it’s gone!
We are pleased to present 3613-15 Central Avenue, a 2-unit apartment building located in the City Heights neighborhood of San Diego, CA. The property is comprised of one (1) two-bedroom / one-bathroom unit and one (1) two-bedroom / two-bathroom unit. The building also features one (1) unpermitted one-bedroom / one-bathroom unit. City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The residents are centrally located in San Diego near ground zero of City Heights new urban core. Residents enjoy quick access to El Cajon Boulevard and Interstate-15. 3613-15 Central Avenue is situated in a transit-oriented neighborhood with many public transportation options nearby. Located along major east-west/north-south thoroughfares and transit hubs provides residents with ease of access to jobs, education, public facilities, parks and community recreation. The property boasts a walk score of 93 as daily errands do not require a car and countless retailers, restaurants, and services are also nearby. 3613-15 Central Avenue is a compelling investment opportunity in a thriving neighborhood. Its prime location, vibrant community, and potential for significant value appreciation make it attractive to both renters and investors. This property offers a promising chance to invest in a flourishing market, with substantial returns possible through strategic enhancements and management.
Exceptional value-add opportunity featuring two homes on one lot with significant upside potential. This versatile property is ideal for investors seeking multiple income streams and future development opportunities. The front residence is a 3-bedroom, 1.5-bath home that was fully renovated in 2020, offering modern finishes and strong rental appeal. The rear unit is a well-maintained 2-bedroom, 1-bath home with washer and dryer hookups and a spacious private backyard, enhancing tenant desirability. Situated on a uniquely configured “L”-shaped lot, the property provides ample space for expansion, with additional land at the rear presenting potential for ADU development or other value-add projects (buyer to verify all possibilities and conduct their own due diligence). With its flexible layout, existing improvements, and development potential, this asset offers a compelling opportunity to increase cash flow, maximize land use, and drive long-term appreciation. Ideal for experienced investors looking to unlock additional value.
First Time on the Market in 27 Years! Excellent Investment Opportunity! BRAND NEW ROOFS! This maintained triplex has been family owned for nearly three decades and offers strong income potential with upside. The property features 3 separate units, including 2 front units each with 2 bedrooms and 1 bathroom. Both units are rented with long term tenants who have been there two years without a rent increase offering immediate upside. The rear unit, also offers 2 bedrooms and 1 bathroom in a slightly larger layout. This unit includes an attached 1 car garage, a private driveway with a gate, and both a small front and backyard, adding privacy and convenience. All units have been updated with a new roof, offering peace of mind for years to come. Whether you're an investor or an owner user, this versatile property offers long term value and a prime opportunity. SQFT is estimated
Two homes available in University Heights. Nestled in one of San Diego’s most walkable neighborhoods this recently renovated duplex offers the perfect blend of style, comfort, and versatility. Featuring two separate detached homes, live in one home and rent the other! Located just steps away from premier shopping, dining, and the Hillcrest farmers market- which offers fresh produce and artisanal goods every Sunday. The main residence is a spacious 3-bedroom 2-bathroom home. Enjoy a rare ground level laundry and storage room. An extra 500 square feet of potential living space, convert it into your office or private gym or a studio apartment for even more earning potential. The second home is a charming 1-bedroom 1-bathroom home with approximately 500 sq ft of living space, its own private outdoor space, and convenient alley parking. Creatively painted to fit the spirit of the neighborhood, it would be ideal for a themed short term rental, private guest house, or income-generating long-term lease. Live luxuriously while generating passive income, accommodating extended family, or simply enjoying the flexibility of a dual-living estate - opportunities like this are rare.
We are pleased to present 3613-15 Central Avenue, a 2-unit apartment building located in the City Heights neighborhood of San Diego, CA. The property is comprised of one (1) two-bedroom / one-bathroom unit and one (1) two-bedroom / two-bathroom unit. The building also features one (1) unpermitted one-bedroom / one-bathroom unit. City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The residents are centrally located in San Diego near ground zero of City Heights new urban core. Residents enjoy quick access to El Cajon Boulevard and Interstate-15. 3613-15 Central Avenue is situated in a transit-oriented neighborhood with many public transportation options nearby. Located along major east-west/north-south thoroughfares and transit hubs provides residents with ease of access to jobs, education, public facilities, parks and community recreation. The property boasts a walk score of 93 as daily errands do not require a car and countless retailers, restaurants, and services are also nearby. 3613-15 Central Avenue is a compelling investment opportunity in a thriving neighborhood. Its prime location, vibrant community, and potential for significant value appreciation make it attractive to both renters and investors. This property offers a promising chance to invest in a flourishing market, with substantial returns possible through strategic enhancements and management.
This beautiful Victorian four-unit property on the Golden Hill/South Park border offers a well-positioned, income-producing asset in one of San Diego’s most sought-after rental pockets. The property consists of four one-bed one-bath units and was extensively renovated in 2014—largely taken down to the studs—with upgrades to roof, electrical, plumbing, windows, meters, water heaters, insulation, and interior and exterior finishes. Originally built in the early 1900s, the building retains its character with high ceilings and large windows, paired with clean, modern living spaces that support strong tenant demand. Ideally located near the Golden Hill and South Park commercial corridors, and w/ a walk score of 86 you can leave the car behind as the property offers convenient access to dining, retail, Balboa Park, Downtown, public transportation and major freeways. Fully leased with established tenants and professional management in place, the property delivers immediate income and long-term hold potential in a consistently strong rental market.
Turnkey three unit opportunity in one of San Diego’s fastest growing neighborhoods. Recently remodeled and fully permitted this property is ideal for investors 1031 exchange buyers and multigenerational living. The main home offers 4 beds and 3.5 baths with a modern open layout quality finishes and great natural light. Two additional units each feature 2 beds and 1 bath with alley access private entries and everything new before the tenants moved in. All three units are currently rented providing immediate cash flow in beautiful San Diego. Custom wrought iron gate and plentiful onsite parking add security and convenience. This is an excellent option to live in one unit and rent the others to help subsidize the mortgage or to move in with family and keep everyone close while building long term wealth.
Dont miss this ..... first time on market since construction in 1986. This custom built gem of a property, truly has it all : A+ Location (walk score 95), Copper plumbing, ABS Sewer Lines, Newer Electric , Pitched roof, parking for all, AB721 compliant, excellent floorplans w/ ground floor private patios, and an assumable 1st from Chase bank. (7) 1bed/baths (2) 2bed/2baths (1) 2 car garage , and covered carports off the alley. The soon-to-be new owner can take it low and slow as-is, or capture available upside with strategic renovations. Short or long term this is a perfect addition to your portfolio.
Welcome to Villa Serenidad. A well maintained Spanish style complex with four 1br 1bth units and two 2br 1bath units. Each unit has its own parking space, and a storage closet in front of the parking space, on-site coin operated laundry. Four of the units have been tastefully updated with hard surface flooring, quartz countertops, shaker style cabinets, and recessed lighting. This property is ideally situated between University and Upas making it close to public transit, shopping, entertainment, Balboa Park and much more! Over $15K of electrical work completed in the last year. Value add opportunity with putting in mini split units and in unit washer and dryer in each unit.
Great investment property has 3 units fully rented. Two units has 1bed 1 bath and third one is 2bed with one bath.
The Union Street Bungalows offers a unique opportunity to acquire a fully renovated, historically designated 8-unit bungalow-style property in the core of Little Italy—one of San Diego’s most dynamic and high-demand urban neighborhoods. The asset is currently operated as a short-term rental property and is supported by a transferable Conditional Use Permit (CUP), a highly limited entitlement within the neighborhood. With new approvals no longer being issued in Little Italy, this designation represents a meaningful barrier to entry and a significant advantage over competing properties. In addition, the property is subject to a Mills Act contract, which provides a reduced property tax basis tied to its historic designation. This structure results in materially lower operating expenses compared to similar assets, improving overall investment performance. The property was thoughtfully revitalized under the direction of Jonathan Segal, and reflects a cohesive blend of architectural character and contemporary functionality. The eight detached studio residences are arranged in a bungalow-style layout that prioritizes privacy and individuality—an uncommon feature in downtown multifamily properties. The site’s configuration, with separate entrances and outdoor areas for each unit, supports a variety of operational approaches. Whether maintained as a short-term rental asset, repositioned toward furnished mid-term leasing, or operated as traditional multifamily housing, the property offers flexibility to adapt to evolving market conditions.
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.
