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Welcome to this prime commercial property nestled in the bustling streets of Escondido, California. Boasting a coveted location, this offering features not just one, but two distinct buildings strategically positioned on a highly transited street, ensuring unparalleled visibility and access for your business endeavors. The property presents a fantastic opportunity for versatility and expansion with its dual-building setup, providing ample space for various commercial purposes. Whether you're envisioning offices, retail spaces, a medical facility, or even a combination of uses, the layout allows for seamless customization to suit your specific needs. One of the standout features of this property is its accommodation for convenience and accessibility. With a generous allocation of 16 dedicated parking spaces, clientele and employees alike will find ease in accessing the premises, enhancing the overall appeal and functionality of the space. Escondido's thriving community and vibrant economy offer a strategic advantage for any business looking to establish or expand its presence. The location's high foot traffic and visibility make it an ideal destination to attract customers and foster growth. Imagine the possibilities within these well-positioned buildings, strategically designed to elevate your business prospects in one of California's most sought-after locales. Don't miss this chance to secure a prominent commercial space that combines convenience, visibility, and potential for success in the heart of Escondido.
836 Sinkler Way is a well-maintained property that is comprised of four 2 bedroom/1 Bathroom units, and a spacious 4 Bedroom/2-bathroom house, with below market rents. All of the 2-bedroom units have undergone extensive renovations in 2023. The 4-bedroom house presents a unique opportunity for a savvy investor to convert the house into two separate rentable units, adding significant value and increased cash flow. The property offers an ample eight on-site parking spaces, six of which are within a secure carport. Can be sold individually or in a portfolio with 8602-08 Hurlbut St.
Beautiful Pristine nearly 4 acre view lot for sale in very desirable area of Vista, California. Property is located in a secluded enclave of Vista off Sunset Drive and is surrounded by existing single-family homes on 1/4 acre, 1/2 acre and one acre lots. Further west of the property is an existing higher density PUD development. The property fronts on an improved street (Aliento Ct.) in the City of Vista with access to water, sewer, gas and electric. Currently the property is within San Diego County bordering the City of Vista and the zoning is RR Rural Residential. The City of Vista has already indicated that it will entertain annexation proposals of the property to the City with a suggested zone change to R-1 allowing a possible density of 5 units per acre. The 3.85 acre portion is part of an existing 5.04 acre parcel. Centrally located near the 78 FWY, shopping and schools it is ideal for residential development.
Cherry Apartments are located in the desirable beach community of Carlsbad, California. This 7 unit apartment investment was built in 1958 and consists of 6 one bedroom/one bath units, and 1 non-conforming studio unit. The property amenities include off -street parking, lush tropical landscaping, and small yards/patios in select units and balconies. The interiors feature gas appliances and dual pane windows. There are storage closets in the carport area and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The propertys proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunity and steady cash fl ow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 4-8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to proximity to the beach.
Cherry Apartments is located in the desirable beach community of Carlsbad, California. This 17-unit apartment investment was built in 1959 and consists of 14 one-bedroom/one-bath units, 1 two-bedroom/one-bath house, and 2 non-conforming studios. These units are located on three adjoining parcels. The property amenities include off-street parking, lush tropical landscaping, small yards/patios in select units, balconies, and on-site laundry. The interiors feature gas appliances and dual-pane windows. There are storage closets in the carport area and ocean views from some of the units. The property has been well maintained and professionally managed and shows a true pride of ownership. The propertys proximity to the ocean is a great draw for potential renters and results in premium rental rates for each unit. The location of the property is less than 1/2 a block from one of the most desirable beaches in Southern California. It is also a short distance to restaurants, premier shopping malls, and major employers. The Cherry Apartments is a rare investment asset that will provide future appreciation opportunities and steady cash flow for years to come. There are several opportunities for an investor looking to add value: * Remodel and update the interiors of the units and raise rents by $300/$400 per unit. * Remodel the units in rent some or all as short-term vacation rentals. * Scrape the existing structures and build 8 multi-million dollar townhomes * Leave as is and enjoy future appreciation due to the proximity to the beach.
The Beach Palms Carlsbada luxurious vacation rental property. Currently in operation and permitted for vacation rentals. Nestled just opposite the pristine Carlsbad Beach, this prime location is a leisurely stroll away from Carlsbad Villages vibrant scene, boasting fine dining, shopping, galleries, and entertainment. Comprising two low-rise buildingseach spanning two storiesthe South building comprises six 2-bedroom units, while the North building offers a 1-bedroom unit and a 3-bedroom unit. Additionally, a convenient laundry room with complimentary washers, dryers, and detergent is centrally located within the courtyard. The owners have undertaken a comprehensive renovation, outfitting the interiors and common areas with top-of-the-line amenities that cater to guests expectations of luxury. Theyve also reimagined the expansive courtyard into a tropical sanctuary, providing guests with a space to unwind, enjoy barbecues, and spend quality time with loved ones.
Prime Development Opportunity in Carlsbad California 35,719 SQFT of FLAT lot in close proximity to I-5 Freeway. Ideal location for a Motel mixed use development. Within a short walking distance to the Village of Carlsbad. Feasibility study is attached. Property has a parking sharing agreement with next door property, see attachment. The two restaurants have 5 year leases but one of them owes back rents due to COVID. Property is sold "AS IS' no inspection contingency. The Listing Agent has ownership interest in the property
SELLER FINANCING !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! We are pleased to present 380 Plymouth Drive, a charming 32-unit multifamily community located in Vista, California. Built in 1986, this extremely well-maintained asset consists of (13) 700 SF One Bedroom / One Bath units & (19) 950 SF Two Bedroom / Two Bath units. Assumable debt at 5% interest only. Loan balance $7.3M
Located in the affluent and internationally known Village of La Jolla, in a highly desirable location with a limited supply of office space. Well suited for owner occupancy with green hillside views, near shops, schools, across the street from the La Jolla Farmer's Market, restaurants & a few minute drive to beautiful sandy beaches. The property features landscaped outside patio area for relaxing and gathering, convenient underground parking, and more. This dynamic location has become a hub for office and medical activity due to neighboring newly constructed medical/office buildings, easy access for neighborhoods, visibility, walkability, and nearby freeways.
Discover an exceptional opportunity with this free-standing building, boasting approximately 900 square feet of meticulously remodeled space on a generous 4800 square foot lot. Your investment comes complete with private parking, making it an ideal spot for a range of businesses. Step into a modern interior featuring newer flooring, fresh paint, stylish cabinetry, and recessed lighting, creating a professional and inviting atmosphere. The well-designed layout includes a spacious open front office/reception area, three separate private offices, a convenient break room with a kitchenette, and a private, handicap-accessible bathroom. The main front entrance, accentuated by double doors, provides a welcoming gateway for clients and customers. Additionally, a separate side entrance enhances accessibility. Your business will benefit from a large private parking lot in front of the building, offering five dedicated spaces (including one handicapped space) with room for additional vehicles. The fenced and gated side and rear areas further expand possibilities for extra parking or storage. Centrally located in Downtown Vista, this property ensures easy access off East Vista Way. It's strategically positioned just minutes away from the revitalized and bustling Vista Village Commercial District, making it a hub of local activity. Currently, the building is tenant-occupied, providing a steady income stream until December 2023. The property is equipped with central forced air gas cooling, ensuring a comfortable environment year-round. Don't miss out on this rare chance to own a fully remodeled, versatile commercial space in a prime location. Seize the opportunity to be part of the dynamic business landscape in Vista!
Excellent Development Potential! This large corner lot with high traffic visibility is zoned M-U, Mixed Use. Residential and/or commercial - retail, restaurant, office, market, live-work units, small animal clinic, so many options! There is currently a cute 2BR/1BA home with tile floors, a remodeled bath and inviting porch area. The property is fully fenced with a shed and tons of parking.
Rare development opportunity steps away from the world renowned Windansea beach!! Preliminary plans available for submission. Plans are for five single family dwellings (three town homes and two flat condominiums), all with panoramic ocean views and private roof decks, as well as private elevators. Additionally, plans include 2 retail spaces with approximate 1,500 Sq. Ft all with underground parking. More density/units may be possible with new City of San Diego incentives! Existing structure is a commercial office generating income. Great La Jolla neighborhood featuring, popular restaurants, cafs, shops, breweries and a new specialty market surrounded by newly developed commercial projects and brand-new single-family estates.
This is a hidden gem. Property is zoned R-1 but will be Industrial. Consists of a single family home and a junior ADU, and 4 prefabbed shop units. An additional 2 shop units can be added or home can be demolished and additional 6 units can be added. Projected annual net income is $170,000 (10 shops at $17,000 per year NNN). Owner is retired and willing to sell for substantially less than projected value. Shop units are unpermitted presently. Year built is an estimate.
Prime Location office condo in well maintained complex. Owner occupied, owner will vacate upon sale. Several existing businesses in this park have acquired more units as they expand.
Conveniently located in the heart of Hidden Meadows, this exceptional commercial property boasts two flourishing business opportunities along with the real estate: The fast-growing The Sideyard Public House (35% annual increase in each of past 2 years) along with The Market at Hidden Meadows (deli/market). Opportunity awaits an owner looking to either continue the legacy of this proven Hidden Meadows establishment or expand on the potential of this property by expanding on the current concept. Property Highlights: Strategic Location: Located in a 1600+ home enclave in North Escondido with minimal competition, the establishment offers locals a friendly retreat in their own community and welcomes visitors enjoying a round of golf at the adjacent Boulder Oaks Golf Course. Community Support: The property benefits from a supportive and tightly-knit community, enhancing its appeal and business prospects. Investment Details: Comprehensive Sale: Includes the real estate of both the restaurant and the deli/market, along with all fixtures, fittings, and necessary equipment for seamless operation. Turnkey Business: With a strong customer base and a history of significant growth (35% annually over the past two years), this operation is primed for continued success. The current ownership has also expanded the lot to include plans for a drive-thru coffee bar, further enhancing its business potential. This is more than a real estate investment; it's a chance to become an integral part of a community and to contribute to the enriching lifestyle of Hidden Meadows. With substantial growth potential and the opportunity to make a lasting impact in the Escondido market, 10326 Meadow Glen Way East stands as a premier choice for those passionate about building a legacy in the neighborhood.
Perfect portfolio addition! Ownership is now in the 3rd generation of the same family, so here is your opportunity to acquire a VERY rare offering in North Pacific Beach! Priced well below estate appraisals for immediate sale, these two 16-unit buildings are available on the same block with just one property separating. They are being offered individually or as a pair for the perfect 32-unit acquisition. Excellent unit mix along with great onsite parking. The properties have been professionally managed for a very long time, including highly involved onsite managers. The vast majority of the units have been remodeled and project a current coastal tenant living expectation. Each has an onsite laundry facility, as well as video surveillance. The properties are uniquely set in a multifamily to single family transition neighborhood area, so the overall location feel is far superior to many PB offerings. The asset definitely has "value add" options for future income growth. This property exudes a pride of ownership location and a "Legacy" label, considering the long-term ownership history is clearly appropriate. Excellent documented history for income and expenses, including invested capital and maintenance costs, is available through the well-respected property management firm for the future owner. Call for additional details!
Perfect portfolio addition! Ownership is now in the 3rd generation of the same family, so here is your opportunity to acquire a VERY rare offering in North Pacific Beach! Priced well below estate appraisals for immediate sale, these two 16-unit buildings are available on the same block with just one property separating. They are being offered individually or as a pair for the perfect 32-unit acquisition. Excellent unit mix along with great onsite parking. The properties have been professionally managed for a very long time, including highly involved onsite managers. The vast majority of the units have been remodeled and project a current coastal tenant living expectation. Each has an onsite laundry facility, as well as video surveillance. The properties are uniquely set in a multifamily to single family transition neighborhood area, so the overall location feel is far superior to many PB offerings. The asset definitely has "value add" options for future income growth. This property exudes a pride of ownership location and a "Legacy" label, considering the long-term ownership history is clearly appropriate. Excellent documented history for income and expenses, including invested capital and maintenance costs, is available through the well-respected property management firm for the future owner. Call for additional details!
Pacific Beach Multifamily cap rate 4.53/5.01, GSI $319,812/$345,600 Actuals/Proforma, 1988 Built, 8 townhome style units all 2 Bedrooms/2 Bath (16 tub/showers), 16 tandem parking 2 per unit, on site coin laundry. Separate elec/gas meter, oversized outdoor patios. 1.32 miles (7-10 min) to beach 4 units fully remodeled the rest very updated, newer appliances and water heater. Spacious open floorplan/kitchen, stainless refrigerator. Very close to shopping beach and fwys. Each unit appx 730 Square feet. 4 units front, 4 units in back. 34 years owner managed with high quality long term tenants. Owners just passed building inspection. Owners retiring
Prime investment opportunity in the heart of North Pacific Beach! Just 3 blocks from the beach, and walking distance from the beloved shops and restaurants of the North PB neighborhood. This property offers 7 units, currently 100% occupied. Six 1BD/1BA apartment units, plus one 2BD/1BA charming house. The main house and 5 of the apartments were completely remodeled in 2014, with new kitchen cabinets, laminate flooring, new electrical and appliances. There is plenty of storage and parking available. The main house features an additional storage room or office off the master bedroom, a long driveway, and a private patio off the kitchen. There is outdoor, locking storage for the 6 apartments. Community, coin operated laundry for all units. Extremely well maintained and cared for over the years.
Discover an unparalleled investment opportunity in the heart of Pacific Beach. This rare offering includes 12 units available for only $5.685M, equating to an exceptional value of approximately $473K per door. Each 4 unit building has it's own parcel number allowing for 2-4 unit residential financing with only $1.1M down! The property boasts a diverse and desirable unit mix, featuring six 2-bedroom/1-bathroom units, three 1-bedroom/1-bathroom units, and three studio units. Perfectly positioned, residents have the luxury of being just steps away from an array of restaurants, cafes, and key amenities including Trader Joe's, not to mention easy access to the bay and quick connections to major freeways. The property itself exudes great curb appeal and is currently generating a gross income of $342,540 with a net operating income (NOI) of $260,198. Operating at a 4.6% cap rate, this investment promises both immediate returns and significant potential for future appreciation. A truly exceptional chance to own a piece of Pacific Beach.
Prime Pacific Beach Location on a high traffic street! First floor modern office condo with 7 (potential for 8) good size office spaces including a meeting area and kitchenette. All recently redone and move in ready! Secured underground parking with two parking spots, conference room, shower facilities and elevator service. Located in Pacific Beach just 1 mile west of the I-5 and walkable to San Diego's hot spots, including restaurants, coffee shops and the beach! Pacific Beach, affectionately known as PB, is a vibrant coastal community nestled along the shores of San Diego, California. Renowned for its laid-back atmosphere and endless stretches of sandy beaches, Pacific Beach attracts surfers, sun-seekers, and locals alike. The lively boardwalk buzzes with activity, lined with eclectic shops, trendy cafes, and bustling bars, creating a dynamic hub for both daytime adventures and vibrant nightlife. Whether catching waves, strolling along the iconic Crystal Pier, or enjoying panoramic ocean views from the scenic Belmont Park, Pacific Beach offers a quintessential Southern California experience that captures the essence of coastal living.
The building is a standalone 1,230 square feet with a 2nd floor. Can be 2 units. Front unit is approximately 30x20. Would make a great owner user or rent it out. Lot size is 5200 square feet zoned General Commercial. Could be used as live work type situation. 3 blocks from Oceanside Beach.
In the heart of Pacific Beach and walkable to countless neighborhood assets, this fully leased brand new construction elevator mid-rise built in 2023 with exceptional parking is a rare find in a bustling coastal community. Mix includes 18x 2 bed/2baths, 2x 1 bed/1bath, and 1x commercial retail space. Building has secure entry, lobby/mail room, elevator, garage with 21 parking spaces including 2 EV chargers, bike storage, and refuse room. Apartments feature quartzite countertops, in-unit laundry, central heat & AC, vinyl flooring, balcony(s), and stainless steel appliances. Apartment utilities are metered separately and paid by tenants. Building is FULLY LEASED & move-ins are currently underway. New construction exemption from AB 1482 rent control applies. Low maintenance design and built by a highly reputable local builder who has built over 5,000 units!*Price reflects outright sale, but Seller is also willing to sell 49% interest and retain 51%. There is currently a $4.8m loan on the property at 4.5% interest.* **Cost segregation study recently completed, which will provide an additional $1.28M in depreciation for 2024. Building is solar-ready, which is estimated to provide $25k in revenue/year if installed along with additional tax credits. Documentation is available upon request.** 4.00% Cap Rate | 17.37 Gross Rent Multiplier.
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