We are pleased to present for sale the Cedar Lofts, a three unit property located in the heart of the thriving Little Italy neighborhood of San Diego. Cedar Lofts was designed and built by renowned architect Jonathan Segal in 1998 as part of his Kettner Row project which features 16 modern rowhomes situated on a beautiful tree-lined street. Located on the South East corner of Kettner Blvd and Cedar St, Cedar Lofts is the best located unit of the entire Kettner Row project, receiving superior natural lighting and visibility. The unit mix features three modern-style units with two 1 Bed / 1 Bath multilevel ground floor units and one 2 Bed / 1 Bath upstairs unit that serves as the â??ownerâ??s unit.â?? All units are loft style and feature premium finishes with exclusive entry, large patios and balconies, tall ceilings and oversized windows offering plenty of natural lighting. Cedar Lofts is located in the CCPD-NC mixed use zone, allowing for many difference commercial uses, including retail, eating and drinking establishments, hotels and many others. The three units could even be combined to make one larger unit. All three units are currently operated as short-term rentals producing over $16,000 per month in gross revenue.
Variance granted 2-4 Units. Priced $200K below appraised value! Located atop the canyon rim. Airbnb/VRBO/Live-In Nanny ready. Remodeled interior in 2019. Recent exterior landscaping features a desert design in front, w/ turf/putting green in rear. You'll love hosting in the modern kitchen that connects to the spacious dining room, while the family & living rooms offer plenty of space to entertain. The Elementary School is a short walk. Albert Einstein Academy is another great Charter School close by. Only 15 min to Gaslamp Downtown and Coronado. Variance granted 2-4 Units. Priced $150K below appraised value! Located atop the canyon rim. Airbnb/VRBO/Live-In Nanny ready. Remodeled interior in 2019. Recent exterior landscaping features a desert design in front, w/ turf/putting green in rear. You'll love hosting in the modern kitchen that connects to the spacious dining room, while the family & living rooms offer plenty of space to entertain. The Elementary School is a short walk. Albert Einstein Academy is another great Charter School close by. Only 15 min to Gaslamp Downtown and Coronado. See Appraisal for $2,000,000 Dated 9/16/2024 in Document Section, and link to 3D Matterport Tour
Don't miss a unique opportunity for an investor/developer to realize an even higher density! Welcome to a versatile home with an income generating ADU just steps to Morley Field and Bird Park! Main 5 bed 4 bath house offers an updated kitchen, dining and large, open, family room. 2 bed 2 baths area downstairs has it's own kitchen, private entrance, living room and a patio (currently rented). Detached 1bed 2 bath ADU was completed in 2021, it features modern high end finishes, a separate entrance, fully equipped kitchen, cozy living area and a deck. Rent it out, live in it and rent out the house, or keep it for family or guests visiting from out of town. Outdoors includes a large deck off the kitchen (enjoy the park views!), as well as a fenced front-yard and multi-level meticulously landscaped backyard, both ideal for entertaining or simply relaxing. Paid off Solar System covers most of the electric bills. You'll love the community feel and the convenience of having everything you need right at your doorstep - eclectic shops, trendy restaurants and more
Very well maintained and partially renovated fourplex ideally located in the "92103" on the boarder of Hillcrest, University Heights, and North Park. The property is 100% occupied with low operating costs and immediate rental upside. The property features a two-story front house including a 1284 SF three-bedroom with in-unit laundry downstairs and 520 SF fully renovated studio upstairs with private patio and area views. The back building features an 812 SF two-bedroom, fully renovated 263 Sf studio, laundry room, new roof, and off-street parking with ally access. Tenants pay separate utilities and landlord pays water. The property is Complete Communities Tier 3 with FAR of 6.5, ideal for future high density multifamily development. Broker is also the property owner.
Courtesy: SoCal eRealty
Very well maintained and partially renovated fourplex ideally located in the "92103" on the boarder of Hillcrest, University Heights, and North Park. The property is 100% occupied with low operating costs and immediate rental upside. The property features a two-story front house including a 1284 SF three-bedroom with in-unit laundry downstairs and 520 SF fully renovated studio upstairs with private patio and area views. The back building features an 812 SF two-bedroom, fully renovated 263 Sf studio, laundry room, new roof, and off-street parking with ally access. Tenants pay separate utilities and landlord pays water. The property is Complete Communities Tier 3 with FAR of 6.5, ideal for future high density multifamily development. Broker is also the property owner.
3865-77 Menlo Ave presents the opportunity to acquire 2 Contiguous parcel Multifamily Assets in Central San Diego totaling 15 units across 3 structures on a 12,625 sqft combined lot. The assets are located in 6.5 FAR Tier 3 Complete Community Zoning, which allows for a future high-density development opportunity. 3865-71 Menlo Ave consists of 5 units: (1) detached 2 bed / 1 bath house and a quadplex of 1 bed / 1 bath units with an onsite laundry room in the rear. The parcel size is 6,375 Sqft. 3877 Menlo consists of 10 units: (8) 1 bed / 1 baths & (2) 2 bed / 1 baths. The parcel size is 6,250 sqft. Both assets are turnkey with additional upside at an in-place cap rate averaging 4.52% or a 4.76% cap rate if rent increases were provided to the immediately viable units. For an investor looking to further maximize returns, lightly renovated units could achieve a proforma cap rate of 5.84%. The asset includes 15 on-site parking spaces providing for a desirable 1 parking space per unit. An additional 5 tandem parking spaces could be achieved if the fence was pushed back on 3865-71 Menlo Ave
Incredible opportunity for potential to develop up to 18+ units while capitalizing on cashflow generated from existing 3-units currently on property while completing entitlement/permits. Located less than one mile to I-5 and I-805 freeways, MTS trolley lines, bus routes, Plaza Las Americas, and San Ysidro Port of Entry for US-Mexico border crossing. Easy access to CA State Route 905 (Otay Mesa Freeway) and Otay Mesa Port of Entry. Close to San Diego’s Tijuana River Valley Regional Park. Additional feasibility analysis, aerial, and site photos coming soon. Marketing Package available.
Location is everything, and this property's central location offers one of the best investment opportunities in San Diego. Situated at the base of University of San Diego, it provides quick access to Mission Bay, Mission Valley, I-8 & I-5 and downtown. The property is located in a highly desirable neighborhood with a substantial university student population and is known for its safety and convenience. All units feature 2 bedrooms and 1 bathroom, ideal for renters seeking comfort and accessibility. With nearby shopping, dining, and entertainment options, this location is perfect for both residents and investors looking to capitalize on San Diego's thriving real estate market. Don’t miss out on this unique opportunity to own a piece of San Diego’s charm. Contact us today to schedule a viewing! Buyer to verify all info.
Courtesy: Commercial Asset Advisors
4847-53 Mansfield St is a four unit apartment complex located above Adams Ave in Normal Heights, San Diego on a 6,298 SF Lot, and offers 2900 of rentable SF. It consists of a 3-bedroom/2-bathroom, 2-bedroom/1-bathroom, 1 -bedroom/1-bathroom, and a studio. Both of the 1-bedroom & 2-bedroom units are brand new construction, built in 2022. The 3-bedroom & Studio are extensively updated throughout. This property offers investors the opportunity to own a completely turnkey property with maximized current market rents.
4847-53 Mansfield St is a four unit apartment complex located above Adams Ave in Normal Heights, San Diego on a 6,298 SF Lot, and offers 2900 of rentable SF. It consists of a 3-bedroom/2-bathroom, 2-bedroom/1-bathroom, 1 -bedroom/1-bathroom, and a studio. Both of the 1-bedroom & 2-bedroom units are brand new construction, built in 2022. The 3-bedroom & Studio are extensively updated throughout. This property offers investors the opportunity to own a completely turnkey property with maximized current market rents.
This historical Banker's Hill apartment complex is an investor's dream! 5 units total, all leased currently, very little vacancy time. Rents have some room to be increased. All units are appointed with full HVAC, quadruple pane windows, original hardwood flooring, many original touches, such as built-in ironing boards and inlaid kitchen tile. History abounds with this property! Unit 130 was the "banker's quarters" with views of the harbor and bay. A small stairway connects 130 to 134, the former "nanny's quarters". All appliances are included. Two garages exist currently. One garage has been converted to a trash receptacle room. This property has been in the care of one family for so many years, there is no prior transfer history on tax records! Well-cared-for property is looking for a new owner. This property does NOT have a historical designation and does NOT currently qualify for the Mill's Act, however would likely qualify with some due diligence from new owner. Walk to Balboa Park, downtown, Little Italy, and so much more. Submit your offer today!
2642-48 44th St presents the opportunity to acquire a turnkey 9-unit multifamily asset located in the residential focused lower City Heights area of San Diego with an ideal unit mix. The micro location is walking distance to Hamilton Elementary school and just off the beaten bath of the City Center primary thoroughfares providing for a family oriented neighborhood pocket. The 9,391 sqft lot is comprised of three separate buildings: a 6 unit apartment building consisting of (4) 1 bedroom units and (2) 2 bedroom units, a duplex with (2) 2 bedroom/1 bath units with small rear yards, and a detached 2 bedroom/1 bath house. The asset includes 11-12 on-site parking spaces, along with ample street parking. This property offers strong in-place financial metrics with $206,880 in gross annual income yielding a 5.81% cap rate with additional room for growth. An investor looking to maximize returns might consider renovating the units, which could achieve a pro forma cap rate of 7.05%, excluding renovation costs. The detached house could receive a fully fenced yard and private driveway to maximize rental income.
This centrally located property with Alley access offers endless possibilities. With easy access to Clairemont Town Square, public transportation, and Mission Bay, you're just minutes away from everything you need. Opportunity knocks! Exciting alley access (in fact sellers said they had design plans drawn up for four 1 car garages with 2 rental units on top but other circumstances are causing them to sell.) Recent Upgrades include: Brand new roof, vinyl windows, restuccoed exterior, and a beautifully landscaped raised garden/terrace and fence. There are currently two 1 car garages and parking spaces for 3 cars. This Well Maintained Strong bread and butter Clairemont duplex won't last long so time is of the Essence. Contact Jim with questions.
This duplex has two units with 3 bd 1 bth on each side. Both units are currently rented but units have potential for increase rents! Units have been completely remodeled two years ago so the property is a turn-key investment. Each unit has its own water meter which is really rare for duplexes like this. The property also has plenty of space to add more ADU units in the back. Plans for 3 extra units attached to this listing. Please do not disturb tenants.
This centrally located property with Alley access offers endless possibilities. With easy access to Clairemont Town Square, public transportation, and Mission Bay, you're just minutes away from everything you need. Opportunity knocks! Exciting alley access (in fact sellers said they had design plans drawn up for four 1 car garages with 2 rental units on top but other circumstances are causing them to sell.) Recent Upgrades include: Brand new roof, vinyl windows, restuccoed exterior, and a beautifully landscaped raised garden/terrace and fence. There are currently two 1 car garages and parking spaces for 3 cars. This Well Maintained Strong bread and butter Clairemont duplex won't last long so time is of the Essence. Contact Jim with questions.
This duplex has two units with 3 bd 1 bth on each side. Both units are currently rented but units have potential for increase rents! Units have been completely remodeled two years ago so the property is a turn-key investment. Each unit has its own water meter which is really rare for duplexes like this. The property also has plenty of space to add more ADU units in the back. Plans for 3 extra units attached to this listing. Please do not disturb tenants.
Welcome to 1902-08 Howard Avenue, a rare opportunity to own two side-by-side bungalows in one of San Diego's most sought-after neighborhoods. These delightful homes offer a perfect blend of vintage charm and modern convenience, ideal for owner-occupiers, investors, or those seeking a unique multi-generational living arrangement. Roofs on both homes replaced 2023, 1908 plumbing updated in 2023. Each unit features 1 bedroom and 1 bathroom, boasting classic architectural details. Buyer to cooperate with Seller's 1031 Exchange at no cost to the Buyer. Inviting Interiors: Light-filled living spaces with hardwood floors, original built-ins, and cozy layouts that maximize comfort and functionality. Outdoor Space: Private patios and yard provide plenty of space for entertaining, gardening, or simply enjoying the San Diego sunshine. Off street parking is a plus in North Park.
Welcome to 1902-08 Howard Avenue, a rare opportunity to own two side-by-side bungalows in one of San Diego's most sought-after neighborhoods. These delightful homes offer a perfect blend of vintage charm and modern convenience, ideal for owner-occupiers, investors, or those seeking a unique multi-generational living arrangement. Roofs on both homes replaced 2023, 1908 plumbing updated in 2023. Each unit features 1 bedroom and 1 bathroom, boasting classic architectural details. Buyer to cooperate with Seller's 1031 Exchange at no cost to the Buyer.
4673-77 32nd Street presents an exceptional investment opportunity in the heart of Normal Heights. This 4-unit complex, situated on a 6,681 square foot lot, comprises three separate structures, including two front cottages with 2BR/2BA detached units and a rear building featuring two 1BR/1BA units above four single-car garages. The property has undergone extensive renovations, resulting in strong rental income. The current owners have also initiated the process to add two additional 1BR/1BA ADU units, with plans and permits ready to pass to the new owner, offering significant upside potential. Additional features include modern finishes, mini-split systems for cottages, and private yard spaces for select units, enhancing tenant appeal. This property offers a solid foundation for investors and owner-occupants seeking to maximize returns in a prime location.
4673-77 32nd Street presents an exceptional investment opportunity in the heart of Normal Heights. This 4-unit complex, situated on a 6,681 square foot lot, comprises three separate structures, including two front cottages with 2BR/2BA detached units and a rear building featuring two 1BR/1BA units above four single-car garages. The property has undergone extensive renovations, resulting in strong rental income. The current owners have also initiated the process to add two additional 1BR/1BA ADU units, with plans and permits ready to pass to the new owner, offering significant upside potential. Additional features include modern finishes, mini-split systems for cottages, and private yard spaces for select units, enhancing tenant appeal. This property offers a solid foundation for investors and owner-occupants seeking to maximize returns in a prime location.
BEST LISTING PRICE ON THE MARKET! MOTIVATED SELLER This property is 4 - 2 bedroom units, near Balboa park, Golden Hill and North Park. Great location. A fully rehabbed 2-bedroom home in front with a garage, along with 3 additional 2-bedroom units all recently updated. Located on a canyon lot. This type of property is ideal as a investor rental property or can can be perfect for owner occupant in front home with rental income from the units.
HOT! HOT! great opportunity for an investment property. Two units-2150 SF per assessor. Unit #1 is a 5 bedroom with spacious great room, open kitchen with separate entrances. Unit 2 is a 3 bed 2 bath. Patios and off street parking. Gated driveway provides privacy.
HOT! HOT! great opportunity for an investment property. Two units-2150 SF per assessor. Unit #1 is a 5 bedroom with spacious great room, open kitchen with separate entrances. Unit 2 is a 3 bed 2 bath. Patios and off street parking. Gated driveway provides privacy.
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.
