Variance granted 2-4 Units. Welcome home to your very own turn-key, fully remodeled & permitted duplex. This project took many months to renovate with no expense spared or small detail overlooked. The main, single story home features 3 beds & 2 baths. The 2-story,attached ADU features 3 beds & 3 baths. Each home has a private, fully fenced yard and dedicated laundry as well. The attached 2-car garage has been setup to allow for shared access if needed.
Priced to sell at $90k/unit less than renovated sale comparables! 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. The property produces $220,000 in gross annual income currently with 10%+ undermarket rents allowing for future income growth. 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. 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.
Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diego’s iconic beaches, this property is ideally located to attract a wide range of tenants—from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio.
We are pleased to offer for sale the rare opportunity to acquire a fourplex in the highly desirable neighborhood of Banker’s Hill. Originally built in 1912, this historic apartment building was fully renovated in 2018 including new roofs, windows, electrical, and gas lines. The interiors were tastefully renovated with keeping the turn-of-the-century style in this craftsman masterpiece. The units consist of (2) Two Bedroom/One Bath units and (2) One Bedroom/One Bath Units. The units feature community laundry. Seller prefers to sell along with the identical adjacent 4 plex building located at 2070-76 3rd Ave, San Diego CA
We are pleased to offer for sale the rare opportunity to acquire a fourplex in the highly desirable neighborhood of Banker’s Hill. Originally built in 1912, this historic apartment building was fully renovated in 2018 including new roofs, windows, electrical, and gas lines. The interiors were tastefully renovated with keeping the turn-of-the-century style in this craftsman masterpiece. The units consist of (2) Two Bedroom/One Bath units and (2) One Bedroom/One Bath Units. The units feature washer/dryer hook-ups. There is a bonus non-conforming studio unit on the 3rd Ave property that will provide additional income should the new owner decide to capitalize on this extra unit. Seller prefers to sell along with the identical adjacent 4 plex building located at 233 Hawthorn St.
Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diegoâ??s iconic beaches, this property is ideally located to attract a wide range of tenantsâ??from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio.
Must-see three-unit property located in the highly desirable Hillcrest Complete Communities zone of San Diego! A rare combination of lot size, existing building structures, zoning, and an excellent transit location, which all combine to make this property ideal for almost all multi-unit buyers. Offering significant upside potential, the property is ideally situated within walking distance to shops, restaurants, and cafes, with easy access to downtown and major transportation corridors. The units are well-maintained with room for value-add improvements, making this a prime opportunity for investors seeking to increase rents or reposition the asset, and an incredible option of owner user/occupants where any two of the units extra rent could create a spectacular subsidy to the mortgage payment. With strong rental demand in the area and the potential for long-term appreciation, this property provides an excellent investment.
A Tastefully Designed Spanish Bungalow Home In The Premier Normal Heights With An ADU... Total of 2 units. Short stroll to Adams Ave for grocery/pharmacy as well as restaurants, bars, shops, coffee & more. Entire property was renovated in 2019, including the roof & tankless water-heater. Home features 3 bed / 2 bath / 1,224sf + ADU 1 bed / 1 bath / 420sf. Engineered vinyl wood flooring throughout the home, ADU & laundry/storage room. Open concept kitchen w/ stainless appliances, island quartz countertop waterfall. Central AC/Heat in the main home, oversized master suite w/ walk-in closet, french-doors, expansive windows to the backyard w/ a cozy brick mantel fireplace for cool nights. ADU has a new oversized mini split for AC/Heat, full-size Bosch laundry stack, fully enclosed back patio & a rolling gate for optional parking off the alley. Complete xeriscape front/back yard, wifi drip irrigation system & lined w/ Italian cypress trees. Lots of other trees include: avocado, passion fruit, olive, blue agave, bird of paradise & a bougainvillea draped over the kitchen window. A beautiful concrete bench area in the front yard for entertaining. 2 minutes to freeway 15, 805 & 8. Main house 1,224sf + ADU 420sf + laundry/storage 180sf = 1,824s total. This home is still titled as a SFR with an ADU. So, a traditional loan with 5% to 20% down payment would work for Conventional Loan.
best use is owner occupied business. Financing SBA owner occupied or 20% down and owner will carry 15% as commercial zoning requires 35% down. Completely remodeled in last year with new roof, windows,water heaters, HVAC units, flooring, kitchens, bathrooms, washer/dryers each unit. One electric meter. Billboard income 310 month. Units could be used for a business, all 3 or the front 2. Lease end dates are 3/2 left front 4/30/25, 2/2 in right front 5/31/25, 2/1 in rear 5/31/25.
Pride Of Ownership 2-units In The Heart of San Diego, Sherman Heights... Plus a BONUS 3rd unit studio. All 3 residences have been renovated with care & meticulous detail finishes including the replacement of the main sewer line, all newer electrical/plumbing, refinished wood flooring in main home/cottage and restored wood sash window pulleys. Newer kitchens, appliances & bathrooms. Main home & cottage both have original gum wood throughout including built-ins, picture rails, door moldings & baseboards. Additional features include recessed lighting, period appropriate tiling in bathrooms, tankless water heater in the main home and a courtyard for outdoor enjoyment. A mile stroll to Petco Stadium, Convention Center, Children’s Museum, Library, downtown shopping & eateries. 5-10 minute drive to Coronado and easy access to the 5 & 94 freeways. Buyer and buyer's agent to perform all due diligence, inspections and validate all data prior to Close of Escrow.
Amazing 2 unit property steps to the sand in South Mission. The top unit enjoys vaulted ceilings, an open concept living space that opens up to a large deck with water views and cool ocean breezes. Lower unit has elevated ceilings in the living space, a cozy fireplace and a front patio for entertaining. Both units have in unit laundry, a large storage room for each unit and oversized parking for 3 large vehicles. This property is great for an owner user, 2nd home with a rental unit or as an investment property.
A Tastefully Designed Spanish Bungalow Home In The Premier Normal Heights With An ADU... Total of 2 units. Short stroll to Adams Ave for grocery/pharmacy as well as restaurants, bars, shops, coffee & more. Entire property was renovated in 2019, including the roof & tankless water-heater. Home features 3 bed / 2 bath / 1,224sf + ADU 1 bed / 1 bath / 420sf. Engineered vinyl wood flooring throughout the home, ADU & laundry/storage room. Open concept kitchen w/ stainless appliances, island quartz countertop waterfall. Central AC/Heat in the main home, oversized master suite w/ walk-in closet, french-doors, expansive windows to the backyard w/ a cozy brick mantel fireplace for cool nights. ADU has a new oversized mini split for AC/Heat, full-size Bosch laundry stack, fully enclosed back patio & a rolling gate for optional parking off the alley. Complete xeriscape front/back yard, wifi drip irrigation system & lined w/ Italian cypress trees. Lots of other trees include: avocado, passion fruit, olive, blue agave, bird of paradise & a bougainvillea draped over the kitchen window. A beautiful concrete bench area in the front yard for entertaining. 2 minutes to freeway 15, 805 & 8. Main house 1,224sf + ADU 420sf + laundry/storage 180sf = 1,824s total.
Pride Of Ownership 2-units In The Heart of San Diego, Sherman Heights... Plus a BONUS 3rd unit studio. All 3 residences have been renovated with care & meticulous detail finishes including the replacement of the main sewer line, all newer electrical/plumbing, refinished wood flooring in main home/cottage and restored wood sash window pulleys. Newer kitchens, appliances & bathrooms. Main home & cottage both have original gum wood throughout including built-ins, picture rails, door moldings & baseboards. Additional features include recessed lighting, period appropriate tiling in bathrooms, tankless water heater in the main home and a courtyard for outdoor enjoyment. A mile stroll to Petco Stadium, Convention Center, Childrenâ??s Museum, Library, downtown shopping & eateries. 5-10 minute drive to Coronado and easy access to the 5 & 94 freeways. Buyer and buyer's agent to perform all due diligence, inspections and validate all data prior to Close of Escrow.
Current 4-unit building has very large backyard with ability to build 12 micro units to create a 16 unit apartment community. MASSIVE UPSIDE and seller may be open to staying on to complete the development with buyer. Amazing opportunity to own an income producing 4 unit property in a highly desirable neighborhood near SDSU! All units have been remodeled with new interior/exterior paint, new flooring, new kitchen cabinets/countertop, can lights in every room, remodeled bathrooms, laundry rooms, new windows, new electrical outlets, & new ceiling fans. The renovated units will ensure your income stream is reliable at acquisition with all 4 units currently rented. Additional Opportunity exists with recent law changes allowing for an increased FAR with property having 2,600 sq ft of development space allowing the buyer to build 12 micro units (4 building structures that would each be 3 stories tall) at 210 sq ft/unit to achieve the highest and best use of the property that would perform at a 6.86% cap rate, the micro units would rent out for $1,300/month, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Current 4-unit building has very large backyard with ability to build 12 micro units to create a 16 unit apartment community. MASSIVE UPSIDE and seller may be open to staying on to complete the development with buyer. Amazing opportunity to own an income producing 4 unit property in a highly desirable neighborhood near SDSU! All units have been remodeled with new interior/exterior paint, new flooring, new kitchen cabinets/countertop, can lights in every room, remodeled bathrooms, laundry rooms, new windows, new electrical outlets, & new ceiling fans. The renovated units will ensure your income stream is reliable at acquisition with all 4 units currently rented. Additional Opportunity exists with recent law changes allowing for an increased FAR with property having 2,600 sq ft of development space allowing the buyer to build 12 micro units (4 building structures that would each be 3 stories tall) at 210 sq ft/unit to achieve the highest and best use of the property that would perform at a 6.86% cap rate, the micro units would rent out for $1,300/month, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Variance granted 2-4 Units. Welcome home to your very own turn-key, fully remodeled & permitted duplex. This project took many months to renovate with no expense spared or small detail overlooked. The main, single story home features 3 beds & 2 baths. The 2-story,attached ADU features 3 beds & 3 baths. Each home has a private, fully fenced yard and dedicated laundry as well. The attached 2-car garage has been setup to allow for shared access if needed.
Excellent investment potential! Two units located in a commercial zone. Front unit is rented out as a beauty salon shop ($2,000 rent). Back unit was built in 2008 with 4 bedrooms / 3.5 baths and electric gate. Patio is permitted. New solar system for back unit will be paid off before close of escrow ($72,000).
We are pleased to present 2134 Reed Avenue, a renovated triplex just two blocks to the bay in the highly popular Pacific Beach neighborhood of San Diego, California. Major upgrades have been made to the complex in the last two years including 2 completely renovated rear 1-bedroom / 1-bath units (approximately 500 SF) and a partially upgraded 2-bedroom cottage (approximately 824 SF). Units have received upgraded power, individual washer dryers and all new kitchens and baths in the rear units. Built in 1947 and restored in 2022, this triplex features prime walkability to the bay, beach, and popular Garnet Avenue shops, stores, restaurants and entertainment. This is an ideal investment for the location-prioritized investor, owner/user, ADU builder, or investor seeking strong cash flow for the price. Pacific Beach presents a unique opportunity due to its prime coastal location, popular restaurants and stores, and vibrant community atmosphere. The area is known for its beautiful beaches, active lifestyle, and a strong tourism market, attracting both locals and visitors year-round. This consistent influx of people creates a robust demand for various investment properties, including multifamily, retail, restaurants, and hospitality, making it a lucrative environment for investment. Additionally, Pacific Beach has seen significant development and revitalization efforts, enhancing its appeal and driving property values upward. Moreover, the strong rental market in Pacific Beach provides investors with the potential for stable cash flow and long term appreciation. The area’s demographics, characterized by a mix of young professionals, college students, families, and retirees, support a diverse range of commercial opportunities. With favorable zoning regulations and a supportive local government focused on sustainable development, investors can benefit from a proactive environment for growth. The combination of a thriving economy, desirable lifestyle, and limited available space makes Pacific Beach a compelling choice for anyone looking to invest in the area.
8 units total on two parcels which allows for 2 separate 4 unit residential financing loans. Pleased to present 3079 Martin Ave, an 8-unit property located in the rapidly gentrifying neighborhood of Logan Heights. This newly constructed building offers features such as select units with private patios, fenced yards, in-unit laundry, and on-site parking. The property is situated on an approx. 7,000 SF lot with 6,850 of rentable SF. The property has a diverse unit mix including (2) three-bedroom/ three-bathroom townhouses, (2) two-bedroom/ two-bathroom units, and (4) one-bedroom/ one-bathroom units. Each residence boasts modern amenities, such as hardwood flooring, tall ceilings, stainless-steel appliances, and split system AC/Heat.
Discover a rare opportunity with this fully remodeled, turnkey triplex, offering three separate, standalone units—a unique setup that ensures privacy and appeal for residents. Each unit boasts a modern interior with kitchen countertops, brand-new appliances, and open, airy floor plans. The front house includes both a finished basement and an attic, adding versatile space options. With four onsite parking spaces, this property is ideally located near the vibrant communities of North Park and Normal Heights, combining contemporary living with prime access to popular spots. A fantastic choice for investors or owner-occupiers!
Presenting a rare opportunity to own a beautifully remodeled 4-plex in the heart of Golden Hill. This turn-key investment offers exceptional rental income potential w/modern upgrades, spacious layouts, & stunning design details. Entire building was rebuilt from ground up in 2021. Each unit has been thoughtfully renovated, featuring high-end finishes, new flooring, upgraded kitchens w/stainless steel appliances, granite countertops, & sleek cabinetry. Bathrooms have been updated w/contemporary fixtures, giving each space a fresh, welcoming feel. Outside, the property showcases charming curb appeal with low maintenance landscaping & off-street parking. Tenants will enjoy added comforts with efficient heating/AC spliters, ceiling fans, pool/spa, onsite coin op laundry, amazing tenants in place, all conveniently located near shopping, dining, & public transportation, this fourplex is a highly attractive option for buyers looking for quality, comfort, and convenience. Whether you're a seasoned investor or entering the market for the first time, this fourplex offers a fantastic chance to acquire a low-maintenance, high-yield asset in a thriving area. Schedule a viewing today and discover the perfect blend of style, function, and investment potential!
Discover the perfect blend of classic charm and modern opportunity in this 1934 Spanish-style 2-on-1 duplex, located on nearly a quarter-acre in the heart of Kensington! This unique property offers unmatched privacy with no neighbors behind you and endless possibilities for living and investment. The main home features 3 bedrooms, 2 bathrooms, and 1,246 sq. ft. of living space adorned with timeless architectural details, and thoughtful updates to the kitchen and bathrooms. Adding to its appeal is a 368 sq. ft. studio with a private entrance, secluded deck, and backyard, generating $1,700/month in rental income. The versatile 368 sq. ft. studio unit could easily be converted into a stunning primary suite for the main home, creating a seamless extension of the living space. With its private entrance, deck, and backyard, this space offers the perfect opportunity to craft a luxurious retreat for additional living area while preserving the charm and functionality of the property. The spacious lot also includes a detached garage that can be converted into an additional unit, making this property an ideal choice for maximizing rental potential or enjoying multi-generational living. Whether you choose to live in the main home and rent out the studio or expand your income with additional units, this Kensington gem offers a rare opportunity to own a piece of history while offsetting your mortgage in one of San Diego's best neighborhoods.
Absolutely Stunning Homes Located in Beautiful Bay Park. OPPORTUNITY KNOCKS. Great opportunity to purchase these all permitted 2 Bed 1 bath, 1bed 1 Bath converted garage and a 1 Bed 1 bath ADU unit in Back. All rents are under market value. All units are occupied. Great for an investment property or live in the front unit and rent out the other 2. Ocean Views, new kitchens and all custom bathrooms, gas stoves, hardwood floors, all new Vintage appliances, newer furnace, newer vinyl windows, new baseboards throughout, spacious bedrooms and newly painted. Build your own garden in back or just entertain with family and friends and so much more. Absolutely Stunning Home Located in Beautiful Bay Park. OPPORTUNITY KNOCKS. Great opportunity to purchase these all permitted 2 Bed 1 bath, 1bed 1 Bath converted garage and a 1 Bed 1 bath ADU unit in Back. All rents are under market value. All units are occupied. Live in front unit and rent out the other 2. Ocean Views, Large kitchen with granite counters, stainless steel appliances, gas stove, wine Refrigerator, hardwood floors,, newer furnace, newer vinyl windows, new bathrooms, new baseboards throughout, crown molding in all bedrooms, newly painted, large yard to entertain with family and friends and so much more.
Discover a rare opportunity with this fully remodeled, turnkey triplex, offering three separate, standalone unitsâ??a unique setup that ensures privacy and appeal for residents. Each unit boasts a modern interior with kitchen countertops, brand-new appliances, and open, airy floor plans. The front house includes both a finished basement and an attic, adding versatile space options. With four onsite parking spaces, this property is ideally located near the vibrant communities of North Park and Normal Heights, combining contemporary living with prime access to popular spots. A fantastic choice for investors or owner-occupiers!
Absolutely Stunning Homes Located in Beautiful Bay Park. OPPORTUNITY KNOCKS. Great opportunity to purchase these all permitted 2 Bed 1 bath, 1bed 1 Bath converted garage and a 1 Bed 1 bath ADU unit in Back. All rents are under market value. All units are occupied. Great for an investment property or live in the front unit and rent out the other 2. Ocean Views, new kitchens and all custom bathrooms, gas stoves, hardwood floors, all new Vintage appliances, newer furnace, newer vinyl windows, new baseboards throughout, spacious bedrooms and newly painted. Build your own garden in back or just entertain with family and friends and so much more.
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.
