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$1,799,000
260022112SD MLS ⋅ Active Status
Pleased to present 4073 Chamoune Avenue, a well-maintained 5-unit multifamily investment opportunity located in San Diego’s established City Heights neighborhood. Built in 1988, the property consists of five 3-bedroom, 2-bathroom units, totaling 15 bedrooms and 10 bathrooms. The property offers seven enclosed garage parking spaces plus one additional uncovered space, providing a strong parking ratio for the asset. Additional features include alley access, electronic security gates, and an onsite laundry facility.

4073 Chamoune Ave, East San Diego
$7,950,000
260021771SD MLS ⋅ Active Status
The Richmond is a newly constructed 19 unit luxury multifamily property in the heart of Hillcrest, one of San Diego’s most desirable and supply constrained rental markets. Completed in 2025, the property features studio, one bedroom and two bedroom residences with modern finishes, in unit laundry, central heating and air conditioning, triple pane windows and private balconies in most units. Offered at $7,950,000, or approximately $418,000 per unit, The Richmond is priced well below nearby development cost benchmarks while generating approximately $545,000 in annual scheduled income and $372,000 in NOI. The property also offers approximately 11% potential rent upside and benefits from exemption from AB 1482 rent caps through at least 2040, providing significant flexibility for future rent growth. The property is steps from shopping, dining and major employment centers, including the expanding UC San Diego Health Hillcrest campus and Scripps Mercy Hospital. Hillcrest is also benefiting from major public investment, including the approximately $28 million Pride Promenade project along Normal Street, further enhancing the neighborhood’s walkability and long term appeal. New construction. Below replacement cost. Strong in place income. Rent upside. Favorable regulatory positioning. An irreplaceable Hillcrest location.

4015 Richmond, Mission Hills
$5,250,000
260021585SD MLS ⋅ Active Status
24-unit apartment community located in the highly desirable Golden Hill neighborhood of San Diego. Built in 1982, the unit mix consists of twenty-four (24) studio units with functional floor plans along with an onsite laundry room and ample onsite parking (25 surface spaces). Tenants enjoy the walkability of Golden Hill with easy access to local services, shopping and community parks. This represents an opportunity to acquire an extremely well-maintained asset with strong in-place rents and additional upside in one of San Diego’s most dynamic and up-and-coming markets. The property benefits from its central location and proximity to Balboa Park, Downtown San Diego and nearby by neighborhoods of South Park and North Park.

2944 F Street, Golden Hill
$2,800,000
260021529SD MLS ⋅ Active Status
Exceptional 17-unit gated multifamily investment opportunity in City Heights. Currently operating as a 62+ community, the property offers established operations, desirable amenities, and significant value-add potential. All units feature air conditioning, with an elevator and on-site laundry. Several units have been renovated, while the remaining units provide an opportunity for further upgrades and rental growth. The property is also eligible for the Complete Communities Housing Solutions program due to its location within a Sustainable Development Area (SDA), enhancing the property's underlying land value and providing significant long-term development upside. Ideally located in City Heights near Teralta Park, the property provides convenient access to Interstate 15 and is centrally positioned for access to Downtown San Diego and surrounding neighborhoods. Residents enjoy close proximity to shopping, dining, parks, public transportation, and a variety of everyday services.

4226 41st Street, East San Diego
$12,250,000
260021452SD MLS ⋅ Active Status
41-unit apartment community located in Central San Diego. Built in 1987, the unit mix consists of forty (40) 2Bdrm/1Bath units and (1) 1Bdrm/1Bath units with spacious floor plans along with an onsite leasing office and laundry facility. Situated on a Large Lot (1.14 Acres) there is ample parking with over 50 Onsite Parking Spaces (Blend of Garage and Surface). This represents an opportunity to acquire an extremely well-maintained asset with strong in-place rents and additional upside in one of San Diego’s best rental markets. The property benefits from its central location and proximity to major shopping and business hubs situated only a few miles from both Mission Valley and Downtown San Diego.

202 Willie James Jones Avenue, Golden Hill
$6,600,000
260021409SD MLS ⋅ Active Status
We are pleased to present the "Ohio Villas," a 16-unit multifamily community located at 4638–4648 Ohio Street in San Diego, California. The property offers investors the opportunity to acquire a well-located, extensively renovated asset in the heart of North Park, one of San Diego’s most established urban rental markets. Built in 1980, the property features a diverse and highly functional unit mix comprised of six (6) one-bedroom/one-bathroom units averaging approximately 500 square feet, four (4) two-bedroom/one-bathroom units averaging approximately 750 square feet, four (4) two-bedroom/one-and-one-half-bathroom units averaging approximately 780 square feet, and two (2) two-bedroom/two-bathroom units averaging approximately 838 square feet, totaling approximately 10,796 rentable square feet. All 16 units have been upgraded with condo-quality finishes and thoughtful interior improvements. Each unit features a fireplace, as well as renovations including granite countertops, updated cabinetry, tile backsplashes, stainless steel appliances, tile flooring, in-unit washers and dryers, and glass shower enclosures. Each unit includes two off-street parking spaces, with 12 units also benefiting from a private single-car garage. Select units feature private patios or balconies, providing an additional amenity that is difficult to replicate in the surrounding rental market. The property's exterior has also been upgraded and features secure gated access, mature landscaping, dual-pane windows, and tasteful Spanish-style architectural details.

4638 Ohio Street, Normal Heights
$1,495,000
260021344SD MLS ⋅ Active Status
Discover this remarkably maintained two-story duplex, originally built in 1933 and carefully preserved both inside and out. The updated units are currently occupied by excellent, long-term tenants, offering immediate rental income and a smooth transition for the next owner. The exterior is clean, well-kept, and presents beautifully, while the oversized lot provides ample space to garden, relax, or explore future possibilities—including the potential to add one or more ADUs in the rear. Whether you’re looking for a solid turnkey investment or a property with room to grow, this classic duplex delivers character, reliability, and opportunity. Don’t miss the chance to see everything it has to offer—schedule your private showing today!

3319 Columbia St, Mission Hills
$4,900,000
260021332SD MLS ⋅ Active Status
Pleased to present the 3131-49 & 3151-57 Adams Avenue Portfolio, a 17-unit multifamily and mixed-use portfolio located in San Diego, California. Situated along iconic Adams Avenue in the highly desirable Normal Heights neighborhood, the offering consists of the adjacent 10-unit apartment complex at 3151-57 Adams Avenue and seven-unit mixed-use property at 3131-49 Adams Avenue. Originally built in 1939 and 1965, respectively, both assets were thoughtfully renovated in 2025 and combine for approximately 7,520 rentable square feet across 15,246 square feet of land. Additionally, the portfolio offers significant long-term redevelopment potential, as both properties are located within Complete Communities Tier 3, allowing up to 6.5 FAR, and are zoned CUPD-CU-3-3. The residential component consists of 13 units, including two detached one-bedroom/one-bath cottages, two studios, and nine one-bedroom/one-bath apartments, complemented by four high visibility retail spaces at 3131-49 Adams Avenue. Current retail tenants include a massage studio, pet grooming salon, and bookstore occupying two combined commercial spaces. The residential units were recently remodeled with upgraded interiors including quartz countertops, updated cabinetry, new appliances, and renovated bathrooms, with select units featuring refinished original hardwood or new vinyl plank flooring. Each residential unit also features mini-split A/C systems and tankless water heaters, enhancing tenant comfort and operating efficiency. (7) apartment units have also been amenitized with in-unit, full-size stackable W/D.

3131 Adams Ave, Normal Heights
$1,550,000
260021329SD MLS ⋅ Active Under Contract Status
Pleased to present 3139-47 Reynard Way located in San Diego, CA. The 5-unit apartment complex is ideally located in the central neighborhood of Bankers Hill and boasts proximity to all the best attractions the neighborhood has to offer. Originally built in approximately 1957, the property is situated on a large 8,946 SF lot and the building measures approximately 3,250 square feet. The unit mix consists of (4) 1-bedroom / 1-bathroom units and (1) 2-bedroom/1-bathroom unit. The 2-bedroom unit is currently rented as a 1-bedroom unit with the second bedroom being used as storage but could easily be repurposed back into an additional bedroom. Current ownership has self-managed the property and completed some capital improvements including dual-pane vinyl windows in all units and a newer hot water heater. Attractive tenant offerings of the single-story complex include a communal courtyard space, on-site laundry room and back porch area for select units. Current rents are significantly below market and offer a savvy investor an opportunity to extensively renovate and capture market rents in this desirable location. The property is also situated in Complete Communities Tier 3 allowing a 6.5 FAR and the large lot size could bode well for a complete redevelopment to significantly increase density. Located within minutes of iconic Balboa Park and the bustling neighborhoods of Mission Hills and Hillcrest, the property is well positioned for continued growth.

3139 Reynard Way, Mission Hills
$2,200,000
260021301SD MLS ⋅ Active Status
ALL SIX UNITS DELIVERED VACANT. This six-unit, all one-bedroom, one-bath building in central San Diego (Mission Hills/University Heights corridor) gives an investor a clean slate: no existing leases to unwind, no legacy rent roll to inherit, and full control over lease-up strategy, unit renovation sequencing, and rent positioning from the first day of ownership. The property carries genuine mid-century character, including vaulted open-beam ceilings and individually metered utilities, and sits in a central, in-demand rental submarket near Hillcrest, Mission Hills, and North Park. Ideal for a value-add investor or owner-user looking to reposition a well-located asset on their own timeline. FINANCIAL DISCLOSURE - SOURCE: SELLER/OWNER RECORDS. Property has been owned and occupied by a nonprofit religious organization since 1993 and was never operated as a conventional rental; no rental history exists. All income figures, including Monthly Rent Total, are projections at estimated market rents. Actual expenses shown are per owner records and reflect owner-occupied usage; gas & electric reflects owner paying all six separately metered units. Property taxes are omitted from actual expenses due to owner's tax-exempt status; Projected Taxes are an estimate at reassessed value. Projected Insurance reflects a market-rate quote. Projected Maintenance is a standard allowance; owner reports no consistent maintenance expense. Projected Trash and Projected Pest Control reflect estimated market-rate service levels; owner-reported amounts pending final verification. Property management expense not included; buyer to apply own assumptions. Roof replaced approx. 2018 and four water heaters replaced approx. 2023, per seller. All figures approximate. Buyer to verify all information and rely on buyer's own investigation.

1029 Hayes Ave, Mission Hills
$3,750,000
260020769SD MLS ⋅ Active Status
A Rare Opportunity to Own One of South Park's Most Distinctive Mixed-Use Assets. Prominently positioned along the 30th Street corridor, 2202 30th Street offers a compelling combination of diversified income, architectural character, and an irreplaceable South Park location. The mixed-use property brings together three loft-style residences, two street-level commercial suites, and an additional Verizon lease with annual rent increases—all within one landmark corner property. Designed by acclaimed San Diego architect Jim Brown and distinguished by its iconic Shepard Fairey mural, the building is unlike anything else in the neighborhood. Its loft residences feature soaring ceilings, exposed brick, timber beams, polished concrete, and oversized industrial windows, creating dramatic spaces with authentic urban character. At street level, highly visible commercial spaces benefit from prominent frontage in the heart of South Park, surrounded by acclaimed restaurants, cafés, boutiques, and neighborhood destinations. Minutes from Balboa Park and Downtown San Diego, 2202 30th Street presents an increasingly rare opportunity: multiple income streams, distinctive architecture, cultural significance, and a prominent position within one of San Diego's most sought-after urban neighborhoods. For the investor seeking an asset that cannot simply be replicated, this is South Park real estate at its most distinctive. Located in the heart of South Park, one of San Diego’s most walkable and Located in one of San Diego's most sought-after urban neighborhoods, South Park continues to attract residents, retailers, and visitors with its walkable lifestyle, thriving restaurant scene, independent boutiques, and proximity to Balboa Park, Downtown San Diego, North Park, and major employment centers.

2202 30th St, North Park
$5,475,000
260020723SD MLS ⋅ Active Status
Presenting for sale this NEW CONSTRUCTION 12 unit in south San Diego. Comprised of a unit mix rarely available in the market, the property contains (9) 2BR 2.5BA townhome style units and (3) well designed 1BR units. The property is spread across (4) parcels, which presents a truly unique opportunity to attain residential financing and enjoy much better leverage than with commercial financing. Ask agent about cost seg/tax benefits for which we estimate a HUGE 7 figures of Yr 1 depreciation available! The property boasts truly elegant interior designs, equipped with AC minisplits in all living and bed rooms, off street parking including garages on each parcel, and select units enjoy massive decks and patios. Reach out and learn more today.

2036 N Highland Ave, Logan Heights
$2,125,000
260020687SD MLS ⋅ Active Status
Adorable cottage-style investment opportunity with great curb appeal. Located on a peaceful, low density, highly desired South Park neighborhood corner. This block has reduced traffic and offers privacy and tranquility for residents. While surrounding properties soar up to 10 stories, this 2 story 4-plex with additional ADU is intimate, friendly and warm welcoming. Seller fully renovated the property and 4 of 5 units have brand new kitchens! Close to fwy and just a block west of 30th street wonderful coffee houses, trendy restaurants and outstanding nightlife!

2104 Dale Street, North Park
$1,200,000
260019877SD MLS ⋅ Active Status
Fantastic opportunity for an owner/operator/investor. This very attractive building is in a very desirable location in the heart of the business district in University Heights. Current tenant is a coffee shop. Building has grease trap, but no walk in fridge or a hood. Plus a loft above the cafe space. Live and work in the same location, rent out both spaces or own a piece of history in the heart of this popular urban neighborhood. This is a once in a lifetime opportunity. Don't miss out!

1733 Adams Ave, Normal Heights
$2,200,000
260019784SD MLS ⋅ Active Status
Rare opportunity to own a beautifully renovated multi family property in the heart of Hillcrest. The property features a duplex house in the front with a triplex in the back, along with three garages and two additional parking spaces accessed from the alley. Major improvements include a new roof, updated plumbing, updated electrical and high end appliances throughout, allowing a new owner to step into a truly turnkey investment. The property is fully fenced and has a proven Airbnb rental history with strong income and future reservations already in place, providing immediate cash flow potential, subject to local regulations. Whether you’re looking for a high performing investment, a long term hold or an owner occupied opportunity with additional rental income, this is a property that rarely becomes available in such a prime Hillcrest location.

3852 1st Ave, Mission Hills
$3,375,000
260019736SD MLS ⋅ Active Status
We are pleased to present 2605 Madison Ave, located in the North Park neighborhood of San Diego. The subject property features four (4) one-bedroom/one-bathroom, three (3) two-bedroom/one-bathroom units, and two (2) two-bedroom/two-bathroom units that total approximately 6,400 of rentable square footage. The subject property is located in North Park, one of the most coveted locations for renters in San Diego. The property boasts a walkability score of 94 which Walkscore.com calls a “Walker's Paradise". It is approximately two miles from Morley Field/Balboa Park which offers tennis courts, public pool, baseball fields, archery range, hiking trails, dog park, disk golf course, playground, and a speed track for bicyclist. Residents at the subject property enjoy immediate walking access to the many bars and restaurants on Adams Avenue, El Cajon Blvd and 30th Street. Lastly, residents enjoy easy access to Interstate 805 and are just minutes away from San Diego’s largest employment centers including Downtown, Mission Valley, and Kearny Mesa. This property presents a unique opportunity for an investor to purchase a value-add investment opportunity in one of the strongest submarkets at the forefront of rental growth in San Diego. The new owner will enjoy the security of having the property situated near comparable apartment complexes, local shopping, and infrastructure, as well as having easy access to Mission Valley, Interstate 805, Interstate 8, and Highway 163.

2605 Madison Avenue, Normal Heights
$3,100,000
260019642SD MLS ⋅ Active Status
4022 42nd Street presents an 11-unit multifamily investment opportunity in San Diego’s City Heights neighborhood. The property features six one-bedroom/one-bath units and five two-bedroom/one-bath units, including two recently added ADUs. Totaling approximately 7,354 rentable square feet on a 7,021-square-foot lot, the gated property offers on-site parking and community laundry. Conveniently located near shopping, dining, public transportation and major freeways, the property provides access to Downtown San Diego, North Park and surrounding employment centers. Buyer to verify all property information, including square footage, unit count, permits and financial data.

4022 42nd Street, East San Diego
$4,100,000
260019277SD MLS ⋅ Active Status
We are pleased to present 5260-62 Rex Avenue, a 13-unit property located in the City Heights neighborhood of San Diego, CA situated on two adjacent lots totaling 0.23 acres. The property is comprised of thirteen (13) two-bedroom / two-bathroom units and has 11 single car garages which presents an opportunity for ADU conversion. City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The residents are centrally located in San Diego near ground zero of City Heights new urban core. Residents enjoy quick access to El Cajon Boulevard and Interstate-15. This property is situated in a transit-oriented neighborhood with many public transportation options nearby. Located along major east-west/north-south thoroughfares and transit hubs provides residents ease of access to jobs, education, public facilities, parks and community recreation. The property boasts a walk score of 93 on Walkscore.com’s 100-point scale and is considered “Very Walkable” as daily errands do not require a car and countless retailers, restaurants, and services are also nearby. This property provides an investor the opportunity to purchase a quality value-add asset in a high barrier to entry market. The property has undergone consistent renovations throughout the units demonstrating pride of ownership and provides a prime opportunity to continue improvement through the potential development of additional units.

5260 Rex Ave, East San Diego
$6,995,000
260019215SD MLS ⋅ Active Status
This is an extensively renovated (2020) and well-maintained 22-unit apartment community in the City Heights neighborhood of San Diego. This property has a fantastic unit mix: eighteen (18) 2Bdrm/2Bath with in-unit laundry and four (4) 1Bdrm/1Bath units. The property has ample onsite parking (28 spaces) and is situated in a predominantly single-family neighborhood near transit, local freeways and shopping. This represents an opportunity to acquire a fully renovated asset with strong in-place rents with additional upside in one of San Diego's best-performing submarkets. Two separate parcels (454-332-27-00 & 454-332-01-00)

3423 Marlborough Ave, East San Diego
$2,625,000
260018357SD MLS ⋅ Active Status
Presenting 904–914 24th Street, an exceptional 8-unit multifamily investment opportunity located in the highly desirable Golden Hill neighborhood of San Diego, California. Originally constructed in 1910, the property consists of three residential buildings situated on (2) adjacent corner parcels and offers approximately ±5,760 square feet of living space. Spanning two parcels totaling 7,609 square feet, the asset boasts a diverse unit mix: one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1- bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors have been thoughtfully maintained, showcasing built-in storage, vaulted ceilings, original hardwood floors, and abundant natural light from large windows. Select units offer private balconies and yards giving tenants outdoor space seldom found in newer complexes. The asset provides stable in-place income while presenting investors with a compelling value-add opportunity. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused space between the buildings could allow for the potential construction of an ADU further increasing density and rental income.

904 24th Street, Golden Hill
$1,795,000
260017780SD MLS ⋅ Active Status

3974 Florida Street, North Park
$2,715,000
260017745SD MLS ⋅ Active Status
We are pleased to present “Atlas 6 on Nye” a newly completed six-unit multifamily community located in the highly accessible Linda Vista neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego’s most strategically positioned submarkets. Completed in 2026, Atlas 6 on Nye consists of one (1) one-bedroom/one-bathroom unit and five (5) two-bedroom/one-bathroom units ranging from approximately 471 to 770 square feet. Four of the units were newly constructed in 2026 to complement the extensive renovations on the existing two units. Each unit features a thoughtfully designed layout to maximize living space and functionality for today’s urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood providing ample street parking available for all tenants. Centrally located just minutes from the University of San Diego (USD), Mission Valley, the Morena Corridor, and major transportation routes (I-5 & I-8), “Atlas 6 on Nye” benefits from excellent connectivity and tenant accessibility. The property is ideally suited for students

2722 Nye Street, Linda Vista
$3,825,000
260017594SD MLS ⋅ Active Status
Newer-construction 10-unit multifamily community located at 4781–4787 Cereza Street and 5024 Imperial Avenue in San Diego. Completed between 2023 and 2025, the property includes two one-bedroom/one-bath units, four two-bedroom/one-bath units, and four two-bedroom/two-bath units. The approximately 8,380-square-foot building sits on a 10,085-square-foot lot and offers modern residences with limited near-term capital requirements. Conveniently located near public transportation, shopping, schools, and major freeways.

4781 Cereza Street, Golden Hill
$2,600,000
260017544SD MLS ⋅ Active Status
6% CAP Rate We are pleased to present 430 47th Street, a newly constructed seven-unit multifamily investment opportunity located in San Diego's Chollas View neighborhood. This turnkey property combines the charm of a beautifully remodeled front home with the efficiency and low-maintenance benefits of six newly constructed one-bedroom residences, making it an ideal addition to any investment portfolio. Designed to appeal to today's renters, each unit features modern finishes including quartz stone countertops, stainless steel appliances, in-unit laundry, luxury vinyl plank flooring, and efficient floor plans. Several of the units also offer private side yards, providing desirable outdoor living space that is uncommon in similar apartment communities. One of the property's most valuable features is its eight off-street parking spaces. Parking is increasingly difficult to find in many newer multifamily developments throughout San Diego, making this a significant competitive advantage that enhances tenant satisfaction and helps minimize turnover. Located in an area experiencing continued investment and redevelopment, 430 47th Street offers investors the rare opportunity to acquire a newly built, low-maintenance asset with modern amenities, strong tenant appeal, and long-term income potential.

430 47th Street, Golden Hill
$1,099,000
260017358SD MLS ⋅ Active Status
Rare opportunity to acquire a five-unit apartment investment with immediate cash flow, value-add potential, and flexible long-term strategies. Situated on a prominent corner parcel with Commercial CC-4-5 zoning within a Transit Priority Area, the property offers multiple paths to increase value in one of San Diego's strongest rental markets. Convert the lower level back to retail, office space, salon, personal services and retain the tenants upstairs. Perfect for small business owners as a live/work space. Or maximize income through rental stabilization while creating plans for a mixed-use redevelopment project. The property currently features two tenant occupied 2-bedroom/1-bath apartments on the second floor, two tenant occupied 1-bedroom/1-bath apartments on the main level, and one vacant studio on the first floor, providing immediate lease-up potential. Current income is supported by long-term tenancy, while below-market rents offer significant opportunity for future growth. (see suppl) Additional income potential includes an owner-owned coin-operated laundry room and four storage rooms that may be leased separately to increase cash flow. Six off-street parking spaces and a shared rear courtyard with pergola. Prior to residential use on the main level, there was a construction office and hair salon, so the new owner could potentially convert back to retail space. The upper-level units feature private exterior entrances, while the lower level offers convenient ground-floor access. Commercial CC-4-5 zoning and the property's location within a Transit Priority Area provide added flexibility for investors seeking long-term appreciation and future redevelopment potential. Buyers are encouraged to verify all zoning, permitted uses, and development opportunities with the City of San Diego. Conveniently located with quick access to Downtown San Diego, major freeways, public transportation, shopping, dining, and employment centers, this is a compelling opportunity for investors seeking stable in-place income with meaningful upside through lease optimization, additional ancillary income, and long-term strategic positioning.

6945 Imperial Ave, Encanto
$3,500,000
260017337SD MLS ⋅ Active Status
We are pleased to present 4168 32nd Street, an upgraded multifamily investment opportunity ideally located in San Diego's highly sought-after North Park neighborhood. The property benefits from a premier urban location with convenient access to major employment centers, vibrant retail and dining destinations, and regional transportation corridors, supporting strong and consistent rental demand. The property features an efficient unit mix consisting of three (3) one-bedroom/one-bathroom units, four (4) two-bedroom/one-bathroom units, and three (3) two-bedroom/two-bathroom residences with spacious floor plans averaging approximately 745 square feet. The residences have been thoughtfully updated with modern kitchens and bathrooms featuring quartz countertops, white shaker cabinetry, laminate flooring, and stainless steel appliances, including dishwashers, ranges, microwaves, and refrigerators. Residents enjoy immediate access to North Park's renowned restaurants, boutiques, coffee shops, and entertainment while remaining just minutes from Downtown San Diego, Balboa Park, and the region's major freeway network. Combining a highly desirable location, renovated interiors, and strong in-place cash flow, 4168 32nd Street presents a compelling opportunity to acquire a well-positioned multifamily asset in one of San Diego's most sought-after urban rental markets.

4168 32nd Street, North Park
$1,600,000
260017277SD MLS ⋅ Active Status
Attention Investors and Developers! This is an incredible opportunity to own an income property with the potential to add six additional units with approved zoning (see documents), expanding the current six-unit property to a possible twelve units. Situated on just under half an acre at the end of a quiet cul-de-sac, this property offers both privacy and convenient access to major commuter routes. With six existing units—three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units and a studio—the investment potential is outstanding. The property features two separate buildings, with four units in the main building and two units in the second building, plus plenty of parking for tenants, both in the front and back. Built in 1958, this property presents a rare chance for investors or developers to significantly increase rental income and maximize the value of the lot. Opportunities like this are hard to find—don’t miss out.

2499 Tuberose St, East San Diego
$2,820,000
260016954SD MLS ⋅ Active Status
Offered at the lowest price per unit in all of 92104, this bread-and-butter apartment property presents a rare value-add opportunity in a strong rental submarket. The property consists of 12 legal units plus an additional non-conforming studio, offering meaningful upside beyond current in-place income. Current actual income reflects only the 12 legal units; income from the studio is not included in these figures. Ownership has initiated the permitting process for the studio and, once complete, pro forma income reflects the studio as a fully permitted 13th unit. With rental upside across the unit mix and an attractive basis relative to the surrounding market, this offering is well suited for investors seeking both stable current income and long-term upside.

4151 35th, North Park
$3,250,000
260016918SD MLS ⋅ Active Status
We are pleased to present the exclusive listing for 1913–27 Georgia Court, a 9-unit multifamily investment opportunity located on the highly desirable border of the North Park and Hillcrest neighborhoods in San Diego, California.? Originally constructed between 1930 and 1950, the character-rich property features a durable concrete foundation, classic stucco exterior, wood-framed roofing, and a distinctive courtyard-style layout.? Offered for the first time in over 20 years, this unique property combines low-density, cottage-style living with strong near-term rental upside and long-term redevelopment potential.? The 5,100-square-foot property consists of five 2-bedroom / 1-bathroom cottages and four spacious 1-bedroom / 1-bathroom units.? The attractive unit mix, select units with private yards and large designated storage space for each cottage unit.? Abundant off-street parking includes (9) dedicated spaces (one per unit), and each unit is separately metered for SDG&E.? Recent exterior capital improvements include a new concrete driveway, dual-pane windows in four units, and all-new exterior siding on Cottage Unit 1919.? Through a modern renovation, an investor could capture significant upside and bring rents to current market levels.?

1913 Georgia Ct, North Park
$1,575,000
260016883SD MLS ⋅ Active Status
Offered at an exceptional basis of just $262,500 per unit, 3206-16 Reynard Way presents investors with a rare opportunity to acquire a well-located multifamily asset in San Diego's urban core. The property provides attractive day-one income while offering meaningful upside through future rental growth and the long-term potential to redevelop the site. Zoned RM-3-7, the property offers investors multiple paths to create value, whether through increasing rental income over time or capitalizing on the site's favorable zoning and future development potential. Opportunities to acquire well-located multifamily assets at this basis with immediate income and long-term upside are increasingly rare in core San Diego.

3206 Reynard Way, Mission Hills

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.