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.
*Prime 4-Unit Investment Opportunity Near University of San Diego* Discover a fantastic investment in this well-maintained 2 story building, ideally situated near USD. This property features two newly remodeled lower units boasting brand-new kitchen cabinets, quartz countertops, a custom breakfast bar, upgraded appliances, and recently renovated bathrooms. The upper units were remodeled in the past and include vaulted ceilings, creating a light and bright atmosphere. Freshly painted exterior. Common laundry room with newer machines. All units have newer windows and security screen doors. Just a short distance to restaurants, shopping, and Fashion Valley. Easy access to freeways and public transportation, with a trolley stop nearby that connects to San Diego State University and downtown. Close to Mission Bay and local beaches (Mission Beach and Pacific Beach) Don't miss out! This property is a rare find in a prime location, perfect for investors or those looking to capitalize on the strong rental market.
*Prime 4-Unit Investment Opportunity Near University of San Diego* Discover a fantastic investment in this well-maintained 2 story building, ideally situated near USD. This property features two newly remodeled lower units boasting brand-new kitchen cabinets, quartz countertops, a custom breakfast bar, upgraded appliances, and recently renovated bathrooms. The upper units were remodeled in the past and include vaulted ceilings, creating a light and bright atmosphere. Freshly painted exterior. Common laundry room with newer machines. All units have newer windows and security screen doors. Just a short distance to restaurants, shopping, and Fashion Valley. Easy access to freeways and public transportation, with a trolley stop nearby that connects to San Diego State University and downtown. Close to Mission Bay and local beaches (Mission Beach and Pacific Beach) Don't miss out! This property is a rare find in a prime location, perfect for investors or those looking to capitalize on the strong rental market.
Courtesy: Compass
Discover this beautiful, open, and spacious tri-level beach house, complete with an attached 1-bedroom, 1-bath home. The main house boasts over 1,900 square feet, with 3 bedrooms 2.5 baths and 2 car garage. Enjoy breathtaking views of the ocean, SeaWorld fireworks, and the iconic roller coaster from your home. Experience relaxed, vibrant coastal living in Mission Beach, just 5 houses from the ocean and a short distance north of Belmont Park and the roller coaster. The main house features two fireplacesâ??one in the living room and one in the master bedroomâ??as well as a loft, exquisite countertops throughout, and plantation shutters in the bedrooms. Additional highlights include dual-pane windows, a walk-in closet, stunning high-beam wood ceilings, ample storage, washer/dryer hookups, four decks, and an enclosed front patio. This exceptional location offers seamless indoor/outdoor living and is within walking distance of shops and restaurants, making it ideal for entertaining or enjoying a serene sunset. The spacious 1-bedroom 1 bath unit has its own private entrance and balcony, featuring granite countertops, stainless steel appliances, and washer and dryer hookups. This property represents a fantastic income opportunity!
Stunning Canyon-View Duplex in Normal Heights! Sydney Place, is a fully remodeled income-producing duplex nestled on a serene canyon in the heart of Normal Heights, San Diego. This unique property offers a rare blend of modern upgrades, versatile living, and exceptional cash flow potential. Property Highlights: • 2 Units: Each 1 bed / 1 bath unit has been meticulously renovated with a contemporary design. • Upper Unit: Positioned at street level, this spacious unit boasts 1 bedroom, 1 bath, shaker white cabinets, stainless steel appliances, and a modern mini split AC system. The open-concept living area flows seamlessly to a 350+ sq.ft private deck, perfect for enjoying canyon views or entertaining guests. Added bonuses include in-unit washer/dryer hookups and abundant natural light. • Lower Unit: Also featuring 1 bedroom, 1 bath, the downstairs unit offers a front balcony that overlooks the peaceful canyon, making it a desirable retreat. Complete with updated finishes and its own mini split AC, this unit has direct access to shared laundry facilities. Investor’s Dream: With a proven track record as a short-term rental, both units come fully furnished and have consistently generated high occupancy rates and attractive returns. Whether you’re an investor seeking steady income or a homeowner looking to live in one unit while renting out the other, this property offers exceptional flexibility. • Lot Size: Situated on a 7,224 sq. ft. lot with ample parking options. Location Perks: Normal Heights is known for its vibrant social scene, walkable streets, trendy cafes, and proximity to major freeways, making it a highly sought-after neighborhood. Residents enjoy easy access to parks, restaurants, and shopping, offering an active lifestyle and a strong sense of community. Don’t miss out on this rare opportunity to own a canyon-view duplex in one of San Diego’s most charming and centrally located neighborhoods!
A Great Opportunity for both Homeowners and Investors! This duplex has the front unit 3678 features 3 bed and 2 bath with all new vinyl windows, gorgeous kitchen w/ granite countertop, cabinetry, all stainless steel appliances: stove, dishwasher, sink, microwave, refrigerator, bay window for natural light and delight, master bed w/nice inspired master bath, hall bath next to laundry room very convenience, double French doors in L/R leads to private back yard perfect for outdoor activities, nice dining room. The back unit 3678B is in newer condition built in 2018, has 2 stories with 4 bed/ 3.5 bath and 2 cars garage, full fence. It features a huge dining room and open kitchen combination, high vault ceiling with plenty of windows bring the natural light inside the home. All of bedrooms are spacious. the master bedroom has large walk-in closet. The sundeck will be an ideal place for family gathering.
A Great Opportunity for both Homeowners and Investors! This duplex has the front unit 3678 features 3 bed and 2 bath with all new vinyl windows, gorgeous kitchen w/ granite countertop, cabinetry, all stainless steel appliances: stove, dishwasher, sink, microwave, refrigerator, bay window for natural light and delight, master bed w/nice inspired master bath, hall bath next to laundry room very convenience, double French doors in L/R leads to private back yard perfect for outdoor activities, nice dining room. The back unit 3678B is in newer condition built in 2018, has 2 stories with 4 bed/ 3.5 bath and 2 cars garage, full fence. It features a huge dining room and open kitchen combination, high vault ceiling with plenty of windows bring the natural light inside the home. All of bedrooms are spacious. the master bedroom has large walk-in closet. The sundeck will be an ideal place for family gathering.
Courtesy: Big Block Realty, Inc
Don't miss this exceptional Craftsman home in the heart of Hillcrest! Blending timeless charm with thoughtful modern updates, this property radiates character. The original fireplace and hardware preserve its historic appeal, while features like the breakfast nook with vaulted ceilings in the 2-bedroom unit provide a sense of comfort and style. Ample parking and a detached garage are coveted luxuries in urban living. With multi-family zoning and the potential for additional construction, this property is a prime investment opportunity, whether for future expansion or rental income. The fully fenced, private yard offers both security and seclusion, a rarity in such a central location. Conveniently located near grocery stores, restaurants, hospitals, and with easy access to major roadways and the beach, the lifestyle benefits are undeniable. This is a rare opportunity to acquire 5 units in one of San Diego's most desirable neighborhoods—perfect for those looking to invest in both the charm and future potential of Hillcrest living.
Beautifully restored North Park Triplex. Detached Main home features 3 bedrooms, 2 full baths, lots of original buildouts carefully refinished, rich Acacia flooring, retro yet modern kitchen and in-unit laundry. With a mind to maintain the historical charm of the home while providing modern comforts, materials were carefully curated in order to deliver just that. Main home is approx 1425 sqft - There are 2 units over the garage - both are 1 bed/1 bath and approx 400 sqft each. Total of 5 garage parking places and a laundry room.
Don't miss this exceptional Craftsman home in the heart of Hillcrest! Blending timeless charm with thoughtful modern updates, this property radiates character. The original fireplace and hardware preserve its historic appeal, while features like the breakfast nook with vaulted ceilings in the 2-bedroom unit provide a sense of comfort and style. Ample parking and a detached garage are coveted luxuries in urban living. With multi-family zoning and the potential for additional construction, this property is a prime investment opportunity, whether for future expansion or rental income. The fully fenced, private yard offers both security and seclusion, a rarity in such a central location. Conveniently located near grocery stores, restaurants, hospitals, and with easy access to major roadways and the beach, the lifestyle benefits are undeniable. This is a rare opportunity to acquire 5 units in one of San Diego's most desirable neighborhoodsâ??perfect for those looking to invest in both the charm and future potential of Hillcrest living.
Beautifully restored North Park Triplex. Detached Main home features 3 bedrooms, 2 full baths, lots of original buildouts carefully refinished, rich Acacia flooring, retro yet modern kitchen and in-unit laundry. With a mind to maintain the historical charm of the home while providing modern comforts, materials were carefully curated in order to deliver just that. Main home is approx 1425 sqft - There are 2 units over the garage - both are 1 bed/1 bath and approx 400 sqft each. Total of 5 garage parking places and a laundry room.
Amazing development opportunity. “Shovel Ready” Permitted plans in hand to add 6 ADU’s, each with their own 2-car garage, to this 13,700 sqft. lot. Each ADU is a 3 bedroom with 2.5 bathrooms. The existing home is a 4 bedroom, 2 bathroom and was renovated in 2023. Great rental potential and ready to build.
North Park is one of San Diego’s first urban neighborhoods mixing both commercial and residential properties giving its owners a true sense of community in a walkable neighborhood. With the largest collection of bungalows in the nation, it is no wonder why so many buyers flock to this area to get a piece of history to call their own. Soon after the extension of the trolley line over the Switzer Canyon Bridge, the expansion of North Park continued. 2931-2933 Thorn St is one of the first homes built in Wallace Heights (named after the investor James Wallace who owned the original lots) on a plot of land which was original cut into 5 lots. This 14,600sf park like lot features a 2/2 1200sf front home, 1/1 650sf unit with private patio + cupola for getting a 360 degree view of the surrounding areas and a 210sf studio with private deck. This serene property has been tastefully restored with vintage hardware, lighting, doors and more. Kitchens and bathrooms have been updated for today’s modern conveniences along with a/c and heat in all units and newer roof. Each property has its own water heater. The front house has its own laundry inside while the 1/1 and studio share laundry. New fencing, alley and street access, plenty of off street parking, room to park RV, boat and more. The lot has endless possibilities (infinity pool?) or is beautiful to enjoy as-is.
Discover the potential of 4609 E Mountain View Drive, a beautifully renovated multifamily home located in the vibrant Normal Heights Neighborhood. The primary dwelling boasts 2 bedrooms and 2 bathrooms. There's a detached 1 bedroom, 1 bathroom ADU spanning 242 square feet. The property is zoned R-3!! This well-maintained property offers an ideal opportunity for investors or a family seeking a home with an ADU.
Please do not walk on property or disturb tenants. Shown by appointment with an accepted offer. Extremely well-maintained 4plex, desirable Normal Heights. Built 1940s, approx. 3,200 square feet, (4) 2-bed/1-bath units, around 800 SF each. Upper units feature private balconies. Lower units have patios. Property has passed SB-721 balcony inspection. Extensively remodeled 1999/2005, including updates to plumbing, electrical, roofing, and interiors. All 4 water heaters recently replaced. 2 current tenants, offering potential for owner-occupant, or additional unit renovations and increased rental income. 6,049 SF lot zoned RM-1-1, well-maintained landscaping. (5) off-street parking. Likely room to add 1 or more ADUs in rear. Prime location provides easy access to local amenities and transportation. This long-term investment opportunity offers appreciation potential and cash flow enhancement through renovations or ADU development.
North Park is one of San Diegoâ??s first urban neighborhoods mixing both commercial and residential properties giving its owners a true sense of community in a walkable neighborhood. With the largest collection of bungalows in the nation, it is no wonder why so many buyers flock to this area to get a piece of history to call their own. Soon after the extension of the trolley line over the Switzer Canyon Bridge, the expansion of North Park continued. 2931-2933 Thorn St is one of the first homes built in Wallace Heights (named after the investor James Wallace who owned the original lots) on a plot of land which was original cut into 5 lots. This 14,600sf park like lot features a 2/2 1200sf front home, 1/1 650sf unit with private patio + cupola for getting a 360 degree view of the surrounding areas and a 210sf studio with private deck. This serene property has been tastefully restored with vintage hardware, lighting, doors and more. Kitchens and bathrooms have been updated for todayâ??s modern conveniences along with a/c and heat in all units and newer roof. Each property has its own water heater. The front house has its own laundry inside while the 1/1 and studio share laundry. New fencing, alley and street access, plenty of off street parking, room to park RV, boat and more. The lot has endless possibilities (infinity pool?) or is beautiful to enjoy as-is.
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. 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. The property produces an in-place 4.30% cap rate with an additional 10% in rental upside remaining. The property is forecasted at a strong 5.06% cap rate at full market rents. 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.
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.
