Presenting an exceptional investment opportunity with a 5.1% Cap Rate in the highly desirable North Park area of San Diego. Located just three blocks from Morley Field and Balboa Park, this 4,710-square-foot, six-unit multifamily building offers tenants convenient access to a wide range of amenities, including tennis courts, a dog park, and expansive athletic facilities all within walking distance. This fully occupied, well-maintained property features two 1-bedroom, 1-bath units; three 2-bedroom, 1-bath units; and one 3-bedroom, 2-bath unit. It also features four 1-car garages, 6 uncovered parking spots, and ample off-street parking, a rare find in this neighborhood. Recent updates include upgraded kitchens and refreshed landscaping minimizing maintenance costs and maximizing return on investment. The spacious and thoughtfully designed units are in great condition, attracting quality tenants and offering robust rental income potential. Positioned in the heart of North Park, one of San Diego's trendiest and most vibrant neighborhoods, this property benefits from its proximity to popular local attractions, shopping, and dining hotspots. Residents can enjoy renowned restaurants like The Smoking Goat, Urban Solace, and Tribute Pizza, along with entertainment venues such as the Observatory North Park. The area's thriving business scene and diverse cultural offerings add to its appeal, making it a prime location for investors seeking long-term growth and steady cash flow. With its central location, strong tenant appeal, and potential for appreciation, this property is an ideal addition to any multifamily real estate portfolio. Don't miss out on the chance to invest in one of San Diego's most in-demand and dynamic neighborhoods, where a combination of art, culture, and commerce creates an environment poised for continued growth.
AVAILABLE FOR VIEWING THURSDAY 11/21 FROM 3:30PM-4: 30PM. EQUITY OPPORTUNITY! CITY HEIGHTS DUPLEX EASILY RENTABLE AS IT IS. IMPROVMENTS AND TLC WILL GREATLY INCREASE THE VALUE. SINGLE STORY. 2/1 EACH, DETACHED GARAGE, SOME NEWER WINDOWS. FULLY FENCED YARDS. PROPERTY IS BEING RENTED AT BELOW MARKET RATES TO SELLERS FRIENDS/FAMILY.
A charming Income-Generating 3 units in National City. Discover the perfect investment opportunity with these well maintained units . Units have been upgraded in recent years. Some upgrades include, roof, windows, exterior paint, etc. Conveniently located near I 5 for quick access to Fwy. Walking distance to public transportation. Possible ADU option available in garage, Property zoned up to R4.
Charming bungalow, complete w/permitted ADU that offers endless possibilities! This property is perfect for those seeking extra income potential, thanks the permitted garage conversion to an adorable 1-bedroom ADU unit—ideal for renters or extended family members needing their own private space. Come check out the spacious 2bdrm/1bath main house, so much character w/a modern twist. ADU has a private entrance & is located off Brooklyn. Must see to appreciate! French doors of main home lead to a private, enclosed courtyard with both covered & open spaces—ideal for year-round entertaining. Backyard a great spot to watch the fireworks!! The backyard of the main house comes w/beautiful fruit trees, perfect for gardening enthusiasts or simply enjoying sunny afternoons. The ADU comes fully equipped with a modern, full-sized kitchen with newer appliances, a generous living area, a separate bedroom, and a full bathroom. It also boasts its own private entrance, ensuring privacy and convenience for guests or tenants. Don’t miss the chance to own this versatile property that combines comfort, charm, and income potential all in one! Both units come w/Washer Dryer Hook-ups!
Presenting three units in the highly sought after Hillcrest/Bankers Hill neighborhood of San Diego. This meticulously maintained property comprises two buildings spanning 2,600 SF. The front building boasts a detached 1 bed/1 bath SFR with tons of natural light, original hardwood floors and private laundry. The second building houses a 2 bed/1 bath upstairs unit, overlooking a spacious 1 bed/1 bath ADU with shared laundry. Residents enjoy proximity to Balboa Park, an array of walkable amenities, and swift access to freeways and Downtown. Immerse yourself in the vibrant culture of Hillcrest, surrounded by dining, shopping, and entertainment hot spots.
Presenting three units in the highly sought after Hillcrest/Bankers Hill neighborhood of San Diego. This meticulously maintained property comprises two buildings spanning 2,600 SF. The front building boasts a detached 1 bed/1 bath SFR with tons of natural light, original hardwood floors and private laundry. The second building houses a 2 bed/1 bath upstairs unit, overlooking a spacious 1 bed/1 bath ADU with shared laundry. Residents enjoy proximity to Balboa Park, an array of walkable amenities, and swift access to freeways and Downtown. Immerse yourself in the vibrant culture of Hillcrest, surrounded by dining, shopping, and entertainment hot spots.
PRICE REDUCTION...PRICED TO SELL-This beautiful property is in an up and coming area consisting of two units; a three bedroom, one bath and a two bedroom, one bath. The front unit has been recently updated and we are currently updating the back unit. Both units have a washer and dryer hook up for your convenience. The property offers ample parking for residence for both units and it includes a community garden, which can be shared space. We own the property next door which has 3 units, but it looks like one large complex. It is 2 separate parcels but we want to sell them both together. The other property is 4012, 4012.5 and 4016 Marine View Ave. APN# 551-542-15-00 MLS #240024676
PRICE REDUCTION: The units have all been remodeled, enhancing its overall appeal and functionality. All units are occupied by excellent tenants and it shows that they take care of the property and contribute positively to the community. Beautiful inside and out: The property's interior and exterior have aesthetically pleasing features that make it visually appealing. Overall, it a well-maintained and attractive property that offers a range of unit sizes to accommodate different tenant needs. The entire complex is secured with fencing, providing an extra level of safety and privacy for the tenants. It also provides a great rental income. We own the property next door which has 2 units, but it looks like one large complex. It is 2 separate parcels but we want to sell them both together. The other property is 4014 Marine View Ave APN # 551-542-16-00 MLS #240024678
PRICE REDUCTION...PRICED TO SELL-This beautiful property is in an up and coming area consisting of two units; a three bedroom, one bath and a two bedroom, one bath. The front unit has been recently updated and we are currently updating the back unit. Both units have a washer and dryer hook up for your convenience. The property offers ample parking for residence for both units and it includes a community garden, which can be shared space. We own the property next door which has 3 units, but it looks like one large complex. It is 2 separate parcels but we want to sell them both together. The other property is 4012, 4012.5 and 4016 Marine View Ave. APN# 551-542-15-00 MLS #240024676
PRICE REDUCTION: The units have all been remodeled, enhancing its overall appeal and functionality. All units are occupied by excellent tenants and it shows that they take care of the property and contribute positively to the community. Beautiful inside and out: The property's interior and exterior have aesthetically pleasing features that make it visually appealing. Overall, it a well-maintained and attractive property that offers a range of unit sizes to accommodate different tenant needs. The entire complex is secured with fencing, providing an extra level of safety and privacy for the tenants. It also provides a great rental income. We own the property next door which has 2 units, but it looks like one large complex. It is 2 separate parcels but we want to sell them both together. The other property is 4014 Marine View Ave APN # 551-542-16-00 MLS #240024678
This property is a rare gem offering limitless development possibilities. Situated in a high-demand area of Golden Hill, it's an ideal blend of location, space, and zoning flexibility, making it perfect for developers, investors, or visionaries looking to create something extraordinary. Its proximity to major highways, top schools, shopping centers, and public transportation ensures strong future demand. 3090 E St, 3110 E St, and 3102-8 E St are being sold together.
This property is a rare gem offering limitless development possibilities. Situated in a high-demand area of Golden Hill, it's an ideal blend of location, space, and zoning flexibility, making it perfect for developers, investors, or visionaries looking to create something extraordinary. Its proximity to major highways, top schools, shopping centers, and public transportation ensures strong future demand. 3090 E St, 3110 E St, and 3102-8 E St are being sold together.
Huge price reduction! How about this renovated Duplex on an extra large lot?! A perfect mix of a 2 bedroom and 1 bathroom mix. Property is currently rented and the information is below regarding rents. The property can be delivered occupied or vacant. Newer flooring, windows, countertops, cabinets and bathrooms. If you are looking for cash flow or a place to move the family in, this is the perfect opportunity.
Huge price reduction! How about this renovated Duplex on an extra large lot?! A perfect mix of a 2 bedroom and 1 bathroom mix. Property is currently rented and the information is below regarding rents. The property can be delivered occupied or vacant. Newer flooring, windows, countertops, cabinets and bathrooms. If you are looking for cash flow or a place to move the family in, this is the perfect opportunity.
This property presents an outstanding investment opportunity, zoned for apartment development, keep as is or add ADU's making it a prime prospect for savvy investors. The front house features a spacious three-bedroom, two-bathroom layout, while the back house offers a charming two-bedroom, one-bathroom unit, perfect for generating rental income. Each house comes with its own garage and yard space, ensuring privacy and convenience for tenants, which enhances its value and appeal. Both units are vacant, freshly cleaned, and updated, ready for immediate occupancy. This unique combination of zoning for apartments and the potential for immediate leasing makes this property a must-see for anyone looking to grow their portfolio. Don’t miss out on this exceptional opportunity!
Current 4-unit building has very large backyard with ability to add 8 MORE UNITS to create a 12-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 1 unit already rented out and the others soon to follow as the development is under professional management. Additional Opportunity exists with recent law changes allowing for an increased FAR with the ability to add 4 additional ADUs at 500 sq. ft. each. Assuming construction cost of $720K and each new unit renting at $1900/month, this property would perform over 5% cap rate, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
This property presents an outstanding investment opportunity, zoned for apartment development, keep as is or add ADU's making it a prime prospect for savvy investors. The front house features a spacious three-bedroom, two-bathroom layout, while the back house offers a charming two-bedroom, one-bathroom unit, perfect for generating rental income. Each house comes with its own garage and yard space, ensuring privacy and convenience for tenants, which enhances its value and appeal. Both units are vacant, freshly cleaned, and updated, ready for immediate occupancy. This unique combination of zoning for apartments and the potential for immediate leasing makes this property a must-see for anyone looking to grow their portfolio. Donâ??t miss out on this exceptional opportunity!
Current 4-unit building has very large backyard with ability to add 8 MORE UNITS to create a 12-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 1 unit already rented out and the others soon to follow as the development is under professional management. Additional Opportunity exists with recent law changes allowing for an increased FAR with the ability to add 4 additional ADUs at 500 sq. ft. each. Assuming construction cost of $720K and each new unit renting at $1900/month, this property would perform over 5% cap rate, excellent for San Diego! The Sellers are willing to assist in helping the new owners build the new ADU units and maximize their investment!
Reduced Price + Increased Rent. Potential Lot Split/ Owner-User. Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building has 4 1bd/1bt units and front detached cottage 2bd/1bt. Roof has recently been replaced and all units have A/C and tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.
This offering features a newly built 2024 two-building triplex in San Diego, with three separately metered 1-bed, 1-bath units, each equipped with in-unit laundry, HVAC, and private patios. The units are addressed separately at 4309, 4311, and 4313 Dwight St. The garage has been converted into a detached ADU with its own address. All utilities are separately metered for ease of ownership. Two units are currently rented, making this an ideal opportunity for an owner-occupant to offset costs while living in the third unit. 4309-4313 Dwight Street is located in the City Heights neighborhood of San Diego, known for its cultural diversity, urban atmosphere, and convenient access to public transportation, parks, and local businesses. The area offers a blend of residential and commercial amenities, making it an attractive place for both residents and investors.
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.