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$2,699,000
PTP2606902 MLS Active Status
Exceptional value-add multifamily opportunity in the highly sought-after Mission Beach submarket. This 4-unit apartment property sits on an approximately 5,133 SF lot comprised of two APNs and offers a compelling investment profile with below-market rents, a vacant unit, and significant rental upside. The unit mix includes one 3-bedroom/2.5 bath unit, 2-bedroom/2-bath unit, and two 2-bedroom/1.5-bath units, providing strong tenant appeal in a supply-constrained coastal rental market. Current occupancy is 75%, with one vacant unit creating an immediate opportunity to establish market rent while preserving in-place cash flow from the occupied units. The property's location in Mission Beach benefits from exceptionally high barriers to entry, limited new multifamily development opportunities, and consistently strong demand for coastal housing. A standout feature is the extensive onsite parking, downstairs laundry facility, a storage room, including a 2-car garage, the other is a tandem 4-car with two additional spaces, giving this property 8 total parking spots! With one additional covered parking space, an increasingly scarce amenity in the coastal market. Positioned just 1 block from both the Pacific Ocean and the Mission Bay yacht club, the asset offers investors the opportunity to acquire a well-located coastal multifamily property with potential income growth and long-term appreciation in one of San Diego's most desirable beach communities. Property does present an opportunity for interior improvements and rental repositioning. Buyers to satisfy themselves regarding unit condition through seller-provided inspections and their own due diligence. Photos can be provided upon request. Don't miss this opportunity!

806 Manhattan Ct, San Diego

$1,898,000
ND26196655 MLS Active Status
FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenue’s arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, it’s a walker’s paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB People’s Food Co-op, and the Wednesday Farmers Market. OB’s flat street grid connects the boardwalk to Newport Avenue’s antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website.

4918 4920 Del Monte Avenue, San Diego

$2,495,000
PTP2606659 MLS Active Status
Property is a 2 unit with a 3rd that is non non-forming . Perched to capture sweeping northwest ocean views over Pacific Beach and Mission Bay, this extensively reimagined home blends designer style with everyday function in one of San Diego's most coveted coastal neighborhoods. Taken down to the studs and rebuilt with all-new systems, it offers the rare combination of turnkey finishes, flexible living space, and a setting that's hard to replicate. The main living level lives like a single-story retreat — bright, open, and made for entertaining. A reimagined floor plan creates a seamless great room anchored by a chef's kitchen: a 48" Forno eight-burner dual range, Fisher & Paykel 36" panel-ready refrigerator, farmhouse sink, custom white oak cabinetry, and quartz countertops. Wide-plank luxury vinyl flooring, designer lighting and pendants, and crisp Santa Barbara-style stucco set a clean, modern-coastal tone. Step through the bifold door to a brand-new view deck with a fire pit ready gas line, and LED accent lighting — the perfect perch for sunsets, ocean breezes, and front-row seats to the SeaWorld drone and firework shows. The primary suite features an expanded walk-in closet, and every bath is finished with new vanities, tile, and fixtures. A downstairs junior ADU with its own kitchen and full bath offers excellent flexibility for guests, extended family, or a private home office. Additional Workshop not included in the Square footage. Behind the walls, the home has been comprehensively updated with a new electrical system and panel, new plumbing and sewer line, mini-split A/C, dual tankless water heaters, new windows, fencing, and hardscape. Rare four-car carport parking completes this one-of-a-kind coastal offering.

4474 Cape May Avenue, San Diego

$3,600,000
PTP2606618 MLS Active Status
The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The property is ideally situated in the center of Northpark, one of San Diego’s strongest and fondest rental markets. The property consists of an ideal and diverse unit mix of (6) 1 Bed / 1 Bath and (3) 3 Bed / 2 Bath units. All 3-Bedroom units possess in-unit laundry and AC. Onsite laundry is provided for the 1-bedroom units. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing over a 1:1 off-street parking ratio plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage,Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building. The asset currently generates $272,612,412 annual GSI and $181,414 NOI, yielding a 5.04% in-place cap rate. There is approximately 11% income upside remaining with select units, the implementation of a utility billback program, and separated billing one of the double car garages. The asset is forecasted to produce $301,380 GSI and a 5.78% market cap rate at full market operations, with no additional capital investment required to achieve that additional income

4341 Texas Street, San Diego

$1,149,999
PTP2606550 MLS Pending Status
Welcome to 1831-1833 Felton Street, a beautifully renovated duplex in the heart of North Park, one of San Diego's most sought-after neighborhoods. This turnkey property features two attached units, making it an exceptional opportunity for owner-occupants, multigenerational living, or investors. The front unit offers 3 bedrooms, 2 bathrooms, and approximately 899 sq. ft., while the rear unit features 2 bedrooms, 1 bathroom, and approximately 636 sq. ft. Both homes have been thoughtfully updated with new cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and beautifully remodeled bathrooms with designer tile accents. Each unit also includes its own stackable washer and dryer, energy-efficient mini-split heating and air conditioning system, and separate private landscaped yard—perfect for relaxing, entertaining, or enjoying San Diego's year-round sunshine. A new roof adds lasting value and peace of mind. While there is no garage or off-street parking, the property's generous outdoor living spaces provide an inviting extension of each home and a rare amenity for an urban setting. Ideally located just minutes from Balboa Park, Morley Field, downtown San Diego, and major freeways, this home places you in the center of North Park's vibrant lifestyle. Enjoy an eclectic mix of award-winning restaurants, craft breweries, coffee shops, boutiques, galleries, and neighborhood events, all contributing to the area's reputation as one of San Diego's most walkable and desirable communities. Whether you're looking to live in one unit and rent the other or expand your investment portfolio with a move-in-ready property, this exceptional duplex offers modern upgrades, private outdoor space, and an unbeatable location.

1831 33 Felton Street, San Diego

$1,795,000
NDP2608073 MLS Active Status
Short Sale Opportunity! 4 professionally designed and large fully furnished units down to the linens and kitchenware. STR guest-ready in the heart of Golden Hill, just minutes from downtown, Balboa Park, and the airport, in a 1940s historic Craftsman. Unit mix consists of one 2-bed/2-bath unit, two 1-bed/1-bath units, and a tiny house studio/1 bath. Property is set up and staged for short-term rental from the moment you take ownership. The infrastructure is already in place. Curated kitchens, cohesive decor, quality finishes, and a historic Craftsman character that guests simply cannot find in a hotel or a condo. Golden Hill is exactly the kind of walkable, personality-rich neighborhood that short-term rental guests seek out and return to. Recent capital improvements include a newer roof, dual-pane windows, and solar (PPA). Three units are individually metered, three include in-unit stackable washer/dryers, and off-street parking accommodates five to six vehicles, a rare operational advantage in this part of the city. 3 units are located in the main house. The tiny house studio unit is a separate structure in the back of the property and is non-conforming. Beyond short-term rental, this property supports a range of investment strategies. Mid-term rentals catering to traveling nurses and corporate professionals. Multigenerational families will find flexibility in distinct living spaces under one roof. House hackers can live in one unit and let the remaining three offset or eliminate their mortgage entirely. The layouts and the setup support whichever direction makes the most sense for your goals. Few acquisitions come this ready. The design work, the furnishings, the setup, it is already done. This property is being sold as a short sale and is subject to lender approval.

2683 85 C St, San Diego

$2,898,000
5 Beds 3 Baths 26876067 MLS Active Status
ACTIVE AIRBNB WITH 100+ FIVE-STAR REVIEWS AND ESTABLISHED RENTAL HISTORY! 2 HOMES ON ONE FLAT, FULLY USABLE LOT WITH POTENTIAL TO BUILD MORE AND CREATE A 5-UNIT PROPERTY! JUST 5 BLOCKS TO THE BEACH! Welcome to one of the most unique opportunities in Ocean Beach! LIVE, PLAY, RENT & BUILD! The remodeled front 4BR/2BA home is an established Airbnb with 100+ five-star reviews. Income records are available for buyer review. The front home features an open floor plan, large kitchen island, stainless steel appliances, updated bathrooms and great indoor/outdoor living. French doors open to the private yard and patio, perfect for entertaining and enjoying the San Diego weather. PLUS A SECOND HOME! Behind the main house is a remodeled, detached 1BR/1BA home. Rent it, use it for family or guests, or live in one home and rent the other. RARE FOR OCEAN BEACH: 4 OFF-STREET PARKING SPACES! There is a 2-car garage plus 2 open parking spaces. THE BIG OPPORTUNITY: THE ENTIRE LOT IS FLAT AND USABLE! No steep hills or wasted space. The oversized, level lot offers excellent flexibility to enjoy it as it sits today or explore adding more units and creating a 5-UNIT OCEAN BEACH PROPERTY. Keep the existing homes and income while exploring ways to add even more income and long-term value.And the location is hard to beat. Walk to the beach, restaurants, coffee shops, bars, local shops and nightlife. Ocean Beach is known for its laid-back, local feel and walkable beach lifestyle. The OB Pier, Sunset Cliffs, Dog Beach and everything that makes OB special are just minutes away. Historical rental income is not a guarantee of future performance. Buyer to verify rental history, STR use, permits, development potential and future uses.

4683 Cape May Avenue, San Diego

$1,700,000
NDP2605804 MLS Active Status
We're pleased to present 4154-4158 Estrella Avenue, a renovated 6-unit multifamily investment opportunity located in the highly accessible Colina Del Sol / City Heights submarket of San Diego. Situated on an approximately 6,291 square foot lot, the property consists of six apartment units totaling approximately 3,011 square feet and features a desirable unit mix of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. Built in 1950, the property offers investors a well-maintained asset with stable in-place income, operational efficiencies, and continued rental upside. The property has benefited from significant capital improvements, including interior and exterior renovations, new windows, upgraded common areas, and a professionally maintained communal courtyard that enhances tenant appeal and livability. Additional amenities include on-site laundry facilities and six parking spaces consisting of two single surface spaces and two tandem parking areas. The property is also separately metered for gas and electric, helping reduce operating expenses and improve management efficiency. Located in the heart of central San Diego, the property provides residents with convenient access to neighborhood shopping, dining, schools, public transportation, and major employment centers. The asset benefits from exceptional connectivity via Interstate 15, Interstate 805, and State Route 94, allowing quick access to Downtown San Diego, Mission Valley, North Park, SDSU, and numerous employment hubs throughout the region. City Heights and Colina Del Sol continue to experience strong rental demand driven by their central location, diverse community, and ongoing neighborhood reinvestment. With an attractive unit mix, recent renovations, utility efficiencies, and proximity to major transportation corridors, 4154-4158 Estrella Avenue presents an outstanding opportunity for investors seeking both immediate cash flow and long-term appreciation potential in one of San Diego's most established urban rental markets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

4154 58 ESTRELLA Avenue, San Diego

$1,250,000
NDP2605803 MLS Active Status
We're pleased to present Forty Second Street Apartments, a 5-unit multifamily investment opportunity located at 3753-3759 42nd Street in San Diego, California. Situated on an approximately 7,427 square foot lot, the property consists of three separate residential buildings totaling approximately 3,000 square feet and features a diverse unit mix of (1) four-bedroom/two-bath unit, (1) two-bedroom/one-bath unit, (1) one-bedroom/one-bath unit, and (2) studio units. Originally constructed in 1937, the property offers investors a unique blend of stable cash flow, strong rental demand, and significant value-add potential in the highly sought-after City Heights / Colina Del Sol submarket. The property benefits from separate gas and electric metering, helping reduce operating expenses and improve management efficiency. Additional amenities include two gated parking spaces, a secure gated entry, a communal courtyard, and supplemental income generated through parking revenue. The property's diverse unit mix appeals to a broad tenant base, ranging from individual renters to larger households seeking affordable housing options within central San Diego. Ideally located in the heart of City Heights, the property provides convenient access to major employment centers, shopping, dining, schools, and public transportation. Residents benefit from close proximity to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Kensington, and Balboa Park, making the location highly desirable for commuters and long-term tenants alike. The surrounding neighborhood continues to experience reinvestment and revitalization, supporting strong rental demand and long-term appreciation prospects. With three separate buildings, a favorable unit mix, utility efficiencies, gated parking, and demonstrated rental upside, Forty Second Street Apartments presents an attractive opportunity for investors seeking a centrally located San Diego asset with both immediate income and future growth potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, rental projections, and all other material aspects of the property.

3753 59 N 42nd Street, San Diego

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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