Fully furnished vacation rental units with strong financial income. High occupancy rate all year! Charming multi-family home nestled in desirable Golden Hill minutes to Downtown San Diego. The property features 6 units, each with its own unique layout and design, providing flexibility for tenants or potential buyers. Whether you're looking for a primary residence with rental income potential or a full-fledged investment property, this home offers versatility and opportunity. Enjoy the convenience of a prime location with Broadway as the cross street offering numerous benefits such as easy access to local amenities, shopping, dining, and entertainment options. The property features upgraded kitchens and bathrooms throughout. Hardwood floors and a large ornamental fireplace in the main unit. Two units have private decks and all units have access to a large rear yard with a mature avocado tree, shaded patio, an outdoor kitchen, fire pit area for mingling, partying as well as a newer spa for relaxation. The property has undergone a $350,000 renovation, including landscaping upgrades in both the front and backyards, creating a mini oasis. All units come fully furnished including appliances with smart locks ready for occupancy. Paid solar panels as well as newer mini split HVAC in each unit. Don't miss out on this fantastic opportunity to own a piece of real estate in a thriving community. Schedule a showing today and explore the potential of 942 23rd St!
We are excited to introduce two extensively renovated 10-unit apartment buildings located in the Pacific Beach neighborhood of San Diego. Surf House Pacific Beach, situated at 1468 Hornblend St, comprises three 2-bedroom/1-bathroom units, six 1-bedroom/1-bathroom units, and one studio/1-bathroom unit. The apartment building adjacently located at 1478 Hornblend St is currently going through an extensive rehab job, and is expected to be completed in March of 2024. 1478 Hornblend St is an identical layout as 1468 with the exception that it will include one extra roof deck, 3 extra private yards, an additional bathroom in one of the two bedroom units and two extra parking spaces. These newly available properties feature a luxurious and contemporary design with top-tier finishes.
Why buy new? A) 15-year new construction exemption from AB 1482s rent control provisions. B) Low maintenance. C) Built by a highly reputable builder who is based out of Pacific Beach and has built over 5,000 units. *** Located in the heart of Pacific Beach and walkable to countless neighborhood assets, this brand new construction mid-rise built in 2023 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 almost FULLY leased & move-ins are currently underway. *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. ***Exceptional walkability to groceries, restaurants, cafes, gyms, yoga studios, and more. 1.5 miles to the ocean, 1.5 miles to Interstate 5, and a 15 minute drive to San Diego International Airport. *3.405% Estimated Cap Rate | 19.61 Estimated Gross Rent Multiplier.
Boasting zoning for medical facility use, this property provides a seamless transition for existing medical spas or offers an enticing opportunity for healthcare professionals seeking to establish their practice. From cosmetic enhancements to wellness treatments, the possibilities are endless within these walls. Conveniently located on the 1st floor, this end unit offers plenty of natural light. Seize the opportunity to own a piece of Sorrento Valley's thriving commercial landscape. Whether you're a seasoned entrepreneur looking to expand your portfolio or a visionary newcomer ready to make your mark, this commercial condo offers the perfect canvas to turn your business dreams into reality.
Reed Ave is a 20 unit property comprised of all 1bd/1bt units, located just minutes from the ocean and includes an on site laundry facility. 13 of the 20 units have been remodeled with vinyl flooring, new cabinets and paint along with replacing bathtubs and fixtures as needed. Though currently in good condition, there is upside to increase rents. This amazing cash flow property is nestled between La Jolla and Mission Bay, and Mission Beach with excellent value add opportunities. This wonderful area along the San Diego coastline extends approximately 3 miles along the Pacific Ocean and stretches east to Interstate 5.
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 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.
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.
CLEAN,CRSIP, Multi Car PARKING and Furnished! Welcome to Your Next Investment Triumph at 3314 Mission Blvd, San Diego, CA A Rare 8-Unit Multi-Family Paradise!Nestled in the heart of America's Finest City. The CROWN JEWEL in the competitive world of real estate. This exclusive 8-unit multi-family PROPERTY IS COMPRISED of 7, 2 BEDROOM 1 BATH with 1, 1 Bed/1 Bath. Truly a lucrative investment opportunity set against the backdrop of San Diego's vibrant lifestyle.Ideally positioned in the coveted Mission Beach neighborhood, this property is a stone's throw away from the sun-kissed shores and the lively energy of Mission Bay. Tenants are treated to the best of both worlds the tranquility of a coastal retreat and the excitement of urban living. A modern masterpiece, architectural triumph that seamlessly marries form and function. Each unit showcases contemporary design elements, providing an aesthetic appeal that complements the coastal surroundings. From sleek finishes to open layouts, these residences redefine luxury living. This property caters to a spectrum of lifestyles with a versatile array of unit configurations. Whether it's the young professional seeking a trendy one-bedroom haven or a family in need of spacious two-bedroom accommodations, 3314 Mission Blvd has a home for everyone.This multi-family gem is not only a visual delight but a cash flow powerhouse. The thriving rental market in San Diego ensures a steady stream of income, while the property's strategic location sets the bar high! The owner just completed an extensive interior/exterior upgrade. Property short term rental numbers were in excess of $80,000 for several months in Summer of 2023.Property Was taken down to the Studs ! Each unit has fully functional Heat/AC with Custom Kitchen and Baths! Updated Electrical ! Property also features Common Laundry with Storage and BBQ Area !
We are is pleased to present 3956-3962 1st Avenue, a mixed use property located in the desirable urban neighborhood of Hillcrest in San Diego. The unit count includes 13 apartments plus two office suites. The subject consists of a 13-unit multifamily building and a 2,220 square foot office building situated on three adjacent parcels totaling approximately 0.5 acres (20,663 square feet). The current owner would prefer to sell both the apartments and office combined, but will entertain offers on each separately. The Buyer can assume an attractive $2.43M Chase Loan fixed at 3.92% until May 2027 on the 13-unit multifamily property located at 3960-3962 1st Avenue. The subject is strategically located in the highly walkable neighborhood of Hillcrest on First Avenue between the major east-west thoroughfares of Washington Street and University Avenue. The property has superb drive-by visibility, abundant parking and alley access. Tenants are walking distance to several restaurants, bars, coffee shops and boutique shops. Proximate to several freeways including I-5, I-8 and the 163, residents have convenient access to all major employment centers. The apartments were originally constructed in 1955 and the property is well maintained. There is opportunity for a Buyer to capitalize on a full renovation program to substantially increase rents. Alternately, the property offers a prime redevelopment opportunity. Recent updates to the City of San Diego's development regulations would permit a higher density development than the base zone allows.
JUST REDUCED!!! Great University Heights location just one and a half blocks from Adams Ave. Gated entry and common patio space. Built in 1972. Year built and Gross Sq.Ft. information was provided by seller. Five open and four tuck-under parking spaces. Tuck under parking could be converted to ADUs based on CA density bonus law and city of San Diego's more generous interpretation. Renovation can boost rents significantly. It is close to shopping, restaurants, schools and major freeways.
4033-47 Euclid Avenue consists of two parcels totaling 13,265 square feet of land zoned CUPD-CT-2-3. The two structures comprise 8,613 rentable square feet and were built in 1965. The units are large, single-story and consist of (8) 2 Bedroom / 1 Bathroom units and one 3 Bedroom / 1.5 Bathroom unit. All units have their own laundry hook ups and back doors as well as individual water heaters and the ability to be sub-metered for water. The units have all been renovated with plank flooring, new kitchen cabinets, granite countertops and canned lighting as well as tiled shower enclosures.
This unit was previously occupied by a telecom. It is being sold in 'As-Is' condition. There is no electrical supply to the unit, no electrical outlets, no lights or HVAC.
Located in the heart of Hilcrest. This property has never been on the market and has been owned with the same family since it was built in 1927. Very rare opportunity for redevelopment in San Diego's most desirable neighborhood. Located blocks away from hospitals, balboa park, and downtown. Zoned RM 3-9 that allows residential of 1/600 sqft with 10 max number of dwelling units. Built in 1927, 1 two bed one bath house and 4 bungalows.
Nestled in the heart of Hillcrest this single-family home/commercial business space, offers a unique blend of residential comfort and commercial potential in a prime location. Currently serving as a thriving law office, this property opens doors to endless possibilities. Classified as C-C-3-8. With three bedrooms, one bathroom, and a spacious 1,060 sq. ft. of living space, it caters to the needs of adaptable workspaces or a family. In addition to its interior, the property boasts five parking spaces, ensuring convenience for clients or residents, or can possibly be converted a yard. Meticulously maintained, this home offers comfort for living or working. Whether you're an entrepreneur seeking the ideal business location, a family looking for flexible living, or an investor with a vision, this property accommodates your dreams. Don't miss this exceptional opportunity
Current business for contractors' supplier. Sits in a block quiet, corner, ground floor unit from very busy Miramar Road near 805 freeway with high visibility from front street, has own parking. A valuable location close to prime areas UTC, Carmel Valley, Del Mar, La Jolla and Mira Mesa. The sun front building has 16' ceiling, a loft for extra storage room not in the record, 2 drive-in doors, concrete floor, 24/7 access, HOA $523, trash service $195 a month. Windows in office and showroom. Seller can rent it back or relocate.
An incredible multi-family development opportunity! Zoned for multi-family. Can expand additional multi-family housing on the 10,514 SF lot.The building was used as a church, including a general assembly area, offices and classrooms, and a 2 bed / 1 ba apartment unit upstairs. There is a CUP allowing for church use.
Commercial Use property Zoned M1. 2 Small buildings with work rooms. Public records show vacant land but offices are being used with Auto repair. Close to downtown and trolly is very close. Perfect for towing yard. Apartments being built next door.
8 units located in the heart of Pacific Beach west of Ingraham between Grand and Garnet Avenue. One block away from Starbucks and Trader Joes. 3 of the 8 units have been renovated in 2023 and new investor/owner will have opportunity to add value by renovating the remaining 5 units. New remodels include stainless steel appliances, new vinyl plank flooring, white shaker cabinets, fresh paint, modern fans and baseboards. New owner can also airbnb units being this close to the Pacific Ocean and Mission Bay. RM2-5 zoning allows for 1.35 FAR. Architects have confirmed an opportunity to add 6 ADUs to the existing 8 units and in Transit Priority Area (TPA). See MLS for rent roll and floor plan. Dont miss out on this great opportunity to own in the 92109!
Just minutes from Downtown San Diego, this property consists of newly renovated, two revenue generating buildings: a 5 unit SRO structure at 3102 National Ave and 1 single-family residence at 927 S 31st St. Additional opportunity for adding dwelling units, ADU, tiny homes, or RV on the lot The 5 unit building consists of 2 studios and 3 junior one-bedroom unitsthat are fully occupied and furnished. The2 studios rent for $1,650+ while the 3 one bedroom unitsrentsfor anaverageof $1,950. The owner has entered into an arrangement with programs funded by the City and Country, whereby the programs pay the majority of tenants rent. This guarantees consistent monthly income for new ownership. The detached single-family residence is a 950 square foot, 2-bedroom, 1-bathroom home currently leasing at $2,399 per month. Contact [email protected] 619-851-5368 for additionalinformation.
We are proud to present 4127-4131 Idaho Street, an exclusive opportunity to acquire a meticulously crafted 10-unit apartment building. This property offers a diverse selection of living spaces, featuring eight one-bedroom, one-bathroom units and two spacious two-bedroom, one-bathroom units. Beyond its contemporary design, 4127-4131 Idaho Street boasts a collection of upgraded amenities that redefine the essence of urban living. From on-site laundry facilities to a gated entry with a sophisticated security keypad, each detail is thoughtfully curated to elevate your daily life. Ample storage space, ten dedicated parking spaces, and upgraded landscaping seamlessly combine functionality with luxury. Enhancing the propertys sustainability profile, eco-friendly exterior LED solar lighting casts a warm, sustainable glow. New windows, upgraded flooring, and energy-efficient A/C-Heat systems in all units reflect a commitment to sustainability without compromising on style. With a new hot water heater and upgraded smoke detectors ensuring safety and efficiency, 4127-4131 Idaho Street invites you to experience a harmonious blend of luxury and conscientious living.
Price reduced, 13.9x Gross - For sale is a stabilized multifamily investment property located at 4270 34th St. San Diego, Ca 92104, in the popular North Park Community. This is an 8 unit Huffman style apartment building property consisting of (5) 1bed / 1 bath units and (3) 2 bed / 1 bath units. All units are rented at or near market rents allowing the future owner to keep pace with rising rents. Located on the alley are (4) 1 car garages that can be converted into multiple ADU's adding tremendous value with relatively little investment dollars. Easy upside to a 5.7 cap by adding RUBS, laundry, parking income and increase units to market rents.
This Property falls within the "Opportunity Zone! Investor's May Qualify to Keep all Appreciation Tax Free on this property if they hold for 10 years and meet all IRS Requirements! Rare 2 Buildings on 1 Lot! 2 Commercial Office/Retail ijust remodel n the Front+ Residential House sitting in in the back in Barrio Logan Neighborhood. House is 2 bed, 1 bath with alley access. Centrally Situated in one of San Diego's Hottest & Most Up & Coming Neighborhoods!
Nestled in the heart of North Park, this investment opportunity beckons with a Spanish-style charm and abundant potential. Comprising of 10 spacious units, including a mix of 8 one-bedroom and 1 bathroom units, as well as 2 two-bedroom and 2 bathroom units, this multifamily property stands out for its versatile layout. Select units feature fenced patios, while a lavish garden adds a touch of tranquility to the surroundings. The property boasts a multistory design, enhancing its visual appeal. Two of the units will be vacant at the close of escrow allowing a new Buyer to commence whatever upgrades/improvements they desire. Situated in a prime North Park location, this investment holds significant value-add potential (approximately 100% of rental upside potential). Off-street parking, complemented by 3 garages, ensures convenience for residents. With on-site laundry facilities, the property caters to modern living needs. The potential for an Accessory Dwelling Unit (ADU) further enhances the investment appeal. Easy alley access adds a practical dimension to the property, making it a promising venture in one of San Diego's sought-after neighborhoods.
For SALE or LEASE: Multifaceted Commercial Haven in the Heart of San Diego's Miramar District! Introducing an unmatched commercial real estate in Miramar this property is not just a building; it's a versatile space in one of San Diego County's most prominent markets, celebrated for its central location, expansive size, and traditional industrial charm. Strategically Positioned: Nestled on a cul-de-sac for optimal privacy and reduced traffic, this location benefits from an abundance of parking spaces, catering to a high volume of staff and visitors. Its flexible infrastructure can be seamlessly divided into multiple suites, accommodating various operators and business types. Licensing and Utilities: The property comes fully equipped with current LIQUOR LICENSE and CANNABIS CULTIVATION LICENSE. Cannabis Cultivation License comes with approved build-out plans, it's ready for immediate construction. With 800 amps of power at your disposal, the facility has approved electrical upgrade plans to raise the power up too 2,500 Amps! Design and Facilities: Previously utilized for cannabis cultivation, the second floor boasts a high ceiling of 22 feet, enhancing the sense of space and potential for various uses. The updated ventilation systems and clean facilities ensure compliance with stringent industry standards. The ground floor is not just a space; it's a turnkey solution with approved licenses for cannabis manufacturing and distribution, offering a rare opportunity in this booming sector. HOWEVER, the space is ready and will welcome any operator and its not limited to
Attention Developers! Discover the Hidden Gem: 14,008 sq ft Goldmine on University Ave, San Diego! Neighboring Property ALSO AvailableYour Dream Micro Unit Project Awaits! Off-Market MagicDont Let This Slip Away! Call today to discuss. Welcome to a unique opportunity in the heart of San Diego 1225-1227 University Ave. This vacant lot, situated in a prime location, invites you to turn your vision into reality. Embrace the potential of this versatile space, ready to accommodate your dreams. Key Features: Urban Oasis: Immerse yourself in the vibrant pulse of San Diego, with this lot strategically located on University Ave. Explore the urban energy, trendy neighborhoods, and the cultural richness that defines the essence of San Diego. Endless Possibilities: Spanning 14,008 square feet, this lot is a blank canvas awaiting your inspiration. Strategic Accessibility: Enjoy unparalleled convenience with seamless access to major thoroughfares and public transportation. This location is designed for those who appreciate connectivity without compromising on the charm of a neighborhood setting. Why Choose 1225-1227 University Ave.? Investment Potential: Positioned in an area of growth and development, this property is not just a purchase; it's an investment in San Diego's promising future. Join the momentum of progress and be part of a community that's on the rise. Community Integration: Beyond the property lines, become an integral part of a dynamic community. Benefit from the proximity to eclectic eateries, cultural hotspots, and the vibrant atmosphere that makes San Diego unique.
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