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$4,099,000
260013949SD MLS Active Status
The Madison is a fully renovated/new construction 12-unit multifamily asset in the heart of Talmadge, one of central San Diego's most established character neighborhoods. The property features eight fully renovated 2BR/1BA units in the front building and four 2023 new construction two-story studio loft units at the rear, all delivered with quartz countertops, designer finishes, stainless appliances, in-unit washer/dryers, dual-pane vinyl windows, and individually controlled mini-split HVAC. Operationally efficient with water and sewer billed back to residents (RUBS) and fully upgraded electrical throughout. Major building systems and interior finishes are current, eliminating deferred maintenance and renovation execution risk. The combination of renovated and new construction product diversifies the tenant base across studio and 2BR floor plans while unlocking a layered depreciation strategy across two distinct cost bases. Walkable to Kensington Village, the Adams Avenue corridor, and the El Cajon Boulevard transit spine, with quick access to Mission Valley, Downtown, SDSU, and major job centers via I-8, I-15, and SR-94. Talmadge has historically delivered sticky tenancy, below-average turnover, and consistent rent growth, with comparable in-place rents to Kensington and North Park at a discount per door.

5074 Madison Ave, Talmadge/San Diego Central

$4,890,000
260013332SD MLS Active Status
Incredibly rare mixed-use trophy property located at the corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes. Situated on a prime corner lot with dual street frontage, this exceptional asset offers strong in-place income, pride of ownership, and long-term investment potential in one of San Diego’s most desirable neighborhoods. The property consists of five units, including a professional office space and four residential units. The front corner office, designed to resemble a classic historic home, is leased under a long-term agreement with annual rent increases. The residential units have been extensively remodeled and professionally designed, creating a turnkey investment with strong rental appeal. Two units were completely rebuilt from the ground up in 2024. Major capital improvements include all-new electrical, plumbing, insulation, HVAC systems, electrical meters, and a state-of-the-art fire sprinkler system throughout. Several units feature upgraded kitchens, designer finishes, modern flooring, and remodeled bathrooms. The upper unit enjoys bay and city views, while tenants share a beautifully landscaped courtyard. Mixed-use zoning provides flexibility for investors or owner-users. Ideally located near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city's best dining and cultural attractions, this is a rare opportunity to acquire a fully upgraded mixed-use asset in one of San Diego’s premier neighborhoods. Incredibly rare mixed-use trophy property located at the prestigious corner of 1st Ave and Maple St in the heart of Bankers Hill, just steps from Balboa Park, Mister A’s, and surrounded by some of San Diego’s most iconic historic homes and architecture. Positioned on a prime corner lot with dual street frontage, this exceptional asset offers a rare blend of residential charm, strong in-place income, and long-term investment upside in one of San Diego’s most sought-after neighborhoods. The property consists of a professional office space in the front corner unit, designed to resemble a classic historic home, currently leased under a long-term agreement with built-in annual rent increases. The remaining four residential units are fully remodeled and professionally designed, creating a turnkey pride-of-ownership asset with strong rental appeal. Two of the residential units were completely rebuilt from the ground up in 2024 with high-end construction and modern systems throughout. Extensive capital improvements include all new electrical, plumbing, insulation, HVAC systems, new electrical meters, and a state-of-the-art fire sprinkler system servicing the entire property. Several units feature upgraded kitchens, designer finishes, modern flooring, and updated baths. The upstairs unit enjoys beautiful bay and city views, while all tenants share access to a lushly landscaped common courtyard that creates a private and tranquil atmosphere rarely found in urban multifamily properties. The mixed-use zoning offers exceptional flexibility for investors, owner-users, short-term rental strategies where permitted, or long-term hold scenarios in a premier walkable location near downtown, Little Italy, the waterfront, San Diego International Airport, and some of the city’s best dining and cultural attractions. Opportunities to acquire a fully upgraded mixed-use asset of this caliber in Bankers Hill are exceptionally limited.

110 Maple, Mission Hills

$1,649,900
260013063SD MLS Active Status
Once in a lifetime development opportunity in a highly desired opportunity zone in a fast growing neighborhood! You can potentially build 35+ residential units plus ground floor commercial retail space with CN 1-4 zoning allowing up to a 65ft height limit, this is a rare opportunity! On a corner lot, this property faces 2 streets and has alley access, which is key for a complete community development. Being so close to public transportation, this property may qualify for a complete community and Bonus ADU programs. This property could get even more exciting as SB-79 passes and hopefully being able to add even more units! Located in an opportunity zone, this property could provide substantial tax savings if bought through a QOF. Featuring 5 detached houses all roughly 350sqft each which gross about $10k a month, providing strong cash flow that can help with carrying costs as a potential developer goes through plans and permitting phases. Nearly $100k worth of upgrades has been invested into the property this year with new sewer line, new water lines, new electrical service, and a full remodel on one of the units. This could be a great buy and hold or development opportunity in one of San Diego's trendiest markets with views to Downtown San Diego and Petco Park and minutes to Coronado, Chicano Park, and the Navy Base.

1028 Cesar E Chavez Pkwy, Logan Heights

$2,450,000
260012820SD MLS Active Status
New reduced price! We are pleased to present Thomson Five, a newly constructed, fully stabilized 5-unit multifamily asset centrally located in Linda Vista. Completed in 2024 and delivered fully leased, the Property offers brand-new construction with high-end finishes, a premium large-format unit mix, and immediate income with current gross rents of $16,075/month ($192,900 annualized). The Property consists of five residences: two 3-bedroom/3-bathroom townhome-style units at 1,200 SF with private balconies featuring sweeping canyon and ocean views, two 2-bedroom/1-bathroom units at 750 SF, and one detached private studio at 254 SF. All residences feature quartz waterfall countertops, stainless steel appliances, in-unit washer/dryer, split-system HVAC, and private outdoor space. As a newly constructed asset, the Property is exempt from AB 1482 rent control provisions for 15 years from completion, providing exceptional flexibility for future rent growth. Current gross income totals $16,075/month ($192,900 annualized), pro forma of $16,600/month ($200,400 annualized) at market rents. The Property is offered at $2,450,000 ($490k/unit), representing a 5.53% current cap rate (5.82% pro forma), based on current NOI of $135,491. Contact listing broker for OM and financials.

6728 Thomson Ct, Linda Vista

$2,695,000
260012667SD MLS Active Status
South Coast Commercial is pleased to present 3363-65 A Street, a premier new 6-unit investment opportunity in Golden Hill. It features 3 brand new construction units in the rear, a fully restored front house and the 2 current middle units were taken down to the studs. The versatile unit mix includes two spacious 3-bedroom, 2-bathroom residences (1,070 SF and 1,033 SF) alongside four efficient studios ranging from 280 to 416 square feet. By combining historical character with modern highdensity living, the property is designed to attract a diverse, high-quality tenant base in one of San Diego’s most walkable and high-demand neighborhoods. As a turn-key asset with zero deferred maintenance, the complex offers investors a stabilized income stream with minimal projected operating expenses. Located just minutes from Balboa Park and Downtown, the property benefits from the area’s robust rent growth and vibrant local culture. This is a rare chance to acquire a high-performance asset in a prime central location, optimized for long-term appreciation and immediate ease of management.

3363 A, Golden Hill

$3,150,000
260012514SD MLS Active Status
Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself. Offered for the first time in over 25 years, this eight-unit multifamily asset delivers a rare combination of immediate value-add upside and long-term development potential in one of San Diego's most coveted rental submarkets. The diversified unit mix — (3) 2BD/1BA, (1) 3BD/1BA, (2) Studios, and (2) 1BD/1BA — provides a resilient, diversified income stream with rents sitting meaningfully below market. Four rear garages present a compelling ADU conversion opportunity, with the potential to add up to four additional income-producing units and materially increase the property's long-term value. A generational family hold coming to market for the first time, 3602–08 Indiana represents exactly the kind of repositioning play that rarely surfaces in this zip code. Hillcrest is San Diego's most dynamic and irreplaceable urban village, consistently registering among the lowest vacancy rates in the county. Anchored by proximity to UCSD Health and Sharp Memorial Hospital, and flanked by the cultural draw of Balboa Park, the neighborhood attracts a deep and loyal renter base of healthcare professionals, young creatives, and long-term residents who choose Hillcrest for its walkability, energy, and unmatched quality of life. University Avenue and Fifth Avenue deliver some of the city's best independent dining, retail, and nightlife steps from the front door — making this a location that practically leases itself.

3602 Indiana Street, Mission Hills

$1,295,000
260011373SD MLS Active Status
We are proud to present an exceptional investment opportunity in the heart of City Heights, San Diego. This impressive property features a 3,351 square foot building comprising a two-bedroom, one bath house in the front, and four 1-bedroom, 1 bath apartments in the back. These 5 well-maintained units are perfect for a prospective multifamily investor. Renovated in 2009, the property offers modern amenities and a well-maintained interior to attract discerning tenants. New gas lines and a reinforced foundation were recently installed in the front home. The property has an on-site laundry room and ample parking. This investment promises a stable income stream and future growth potential. Take advantage of this prime opportunity to own a sought-after property in the thriving City Heights neighborhood, where demand for quality housing remains consistently high.

4135 Chamoune Avenue, East San Diego

$2,495,000
260010068SD MLS Active Status
Opportunity to acquire a well-maintained, 3-story, six-unit apartment property on Columbia Street, ideally situated between Mission Hills, Little Italy, and Bankers Hill. The property consists of two buildings. The front building at 2801–2807 Columbia Street features four spacious two-bedroom, one-bath units, three garages, and a shared laundry facility. The rear building at 962–964 W. Olive Street—accessed via a walkway along the south side of the property—offers two additional two-bedroom, one-bath units. All six residences provide over 900 square feet of living space and feature neutral finishes, abundant natural light, and private outdoor areas that enhance tenant appeal. The property is thoughtfully equipped with a new water heater, upgraded electrical panels, central forced heating, dual-pane windows, and hardwood flooring. Five of the six units boast west-facing balconies with sweeping views of the downtown San Diego skyline, San Diego Bay, and the Pacific Ocean. Residents can take in stunning sunsets, coastal breezes, and even watch planes arrive and depart—creating a uniquely dynamic urban-coastal living experience. This asset has demonstrated strong appeal to long-term tenants, contributing to stable occupancy and consistent cash flow. Its highly desirable location and unit mix position it for continued long-term appreciation in one of San Diego’s most sought-after rental markets. Tenants are responsible for the majority of utilities per their lease terms, while ownership covers water, hot water, and trash.

2801 Columbia St, Mission Hills

$3,695,000
260009706SD MLS Active Status
Discover a compelling value-add investment opportunity -- 11-unit residential Investment. Property perfectly positioned in the heart of Middletown, one of Metro San Diego's most sought-after and consistently resilient neighborhoods. This is your chance to acquire a property in a sub-market that continues to attract strong renter demand and long-term appreciation potential. RM-2-5 zoned corner lot offers significant upside potential for investors looking to increase current rents and through unit upgrades or explore future development possibilities. The property is well-maintained and functionally sound, providing stable in-place income while an investor executes their value-add strategy. Key features include a desirable unit mix with many units enjoying pleasant views, mature landscaping, abundant off-street tenant parking, triple-pane windows, a pitch composition roof, a carport with attached storage, and common laundry facilities — all set on an elevated lot that enhances privacy and street presence. Large Lot! UNIT MIX -- One Large (3) Bedroom/2 bath, 3 (2) bedroom/1 bath and 6 (1) Bedrooms/One Bath and One Studio-See Brochure

2901 Columbia, Mission Hills

$1,995,000
260009210SD MLS Active Status
Welcome to Villa Serenidad. A well maintained Spanish style complex with four 1br 1bth units and two 2br 1bath units. Each unit has its own parking space, and a storage closet in front of the parking space, on-site coin operated laundry. Three of the units have been tastefully updated with updated hard surface flooring, quartz countertops, shaker style cabinets, and recessed lighting. One unit has been partially remodeled. This property is ideally situated between University and Upas making it close to public transit, shopping, entertainment, Balboa Park and much more! Over $15K of electrical work completed in the last year. Value add opportunity with putting in mini split units and in unit washer and dryer in each unit and to remodel the remaining 1br and 2br unit that has original fixtures. The property is offered for sale at $2,275,000 with a 3.01% cap rate. No property showings will be permitted until an offer has been accepted. Effective square footage is unknown, and buyers are responsible for independently verifying the property’s square footage and all related details.

3729 Mississippi St, North Park

$2,295,000
260008934SD MLS Active Status
Classic 6-unit apartment building in San Diego's prime Hillcrest/Uptown submarket - offering excellent visibility along a high-traffic corridor, just steps from Balboa Park. Ideally situated in one of San Diego's most vibrant and walkable neighborhoods, with consistent demand and close proximity to shops, restaurants, residential developments and transit. The building consists of approx 4148 SF, with mix of: two studios, two 1 BD/1 BA, one 2 BD/2 BA and one 3 BD/1 BA. All units have their own private in-unit laundry. Lot consists of approx 5050 SF. Zoned commercial CC-3-9 with potential for rental income growth or future redevelopment, including maximizing Complete Communities incentives. Convenient access to I-5, I-163, I-8, and Downtown San Diego. A rare investment opportunity in one of San Diego’s most active urban markets.

3409 5th Avenue, Mission Hills

$8,995,000
260007745SD MLS Active Status
Rare investment opportunity featuring a $48,000/month NNN master lease with House of Metamorphosis, a well-established nonprofit operator with approximately 50 years in business, delivering stable, predictable income with minimal landlord responsibility. The property consists of 26 units, each with a private bathroom, purposefully designed for supervised residential care. The 8,450 SF building offers an average unit size of approximately 325 SF, maximizing income efficiency. Situated on a 7,000 SF lot with motel zoning, the property presents limited land value contribution; however, the zoning carries significant embedded entitlement value for SRO and behavioral health uses—an increasingly scarce and difficult-to-replicate asset class in San Diego. Investors are presented with a dual-path opportunity: continue operating with a reputable, long-term tenant under a true NNN structure, or reposition the asset for alternative residential or lodging uses, leveraging the existing 26-unit configuration and flexible zoning.

4017 42nd St, East San Diego

$4,900,000
260007693SD MLS Active Status
La Palma at 3939 7th Avenue is a rare multifamily offering in the heart of Hillcrest. The unit mix consists of sixteen large 500 square foot studios. All units are renovated and feature faux hardwood floors, brushed nickel fixtures, stainless steel appliances, new cabinets, quartz countertops, spacious floorplans, in-unit laundry, and full closets. The 8,568 square foot building built in 1928 features interior common hallways, rooftop storage, and onsite laundry facilities. The growing rents are supplemented by utility billback income and can grow by leveling the current rents to market. The structure is situated on a 5,697 square foot lot across from Whole Foods and just blocks from Scripps Mercy Hospital and the shopping, entertainment, business, and transit on University Avenue.

3939 7th Avenue, Mission Hills

$4,000,000
260006816SD MLS Active Status
Landmark South Park Mixed-Use Corner - Featuring Shepard Fairey Mural. Building also includes 2974, 2980, 2982, and 2986 Ivy Street. Rare mixed-use investment opportunity on a prime corner in the heart of South Park. This architecturally distinctive property, designed by acclaimed local architect Jim Brown, includes 3 residential loft style units, 2 commercial suites, and a Verizon lease. The residential residences feature urban character with high ceilings, exposed brick, concrete, wood floors and beams, along with large windows that bring in abundant natural light. The 2 commercial suites provide strong street presence along 30th Street, surrounded by South Park’s popular restaurants, cafés, and local businesses. Located in one of San Diego’s most walkable and desirable neighborhoods, the property is just steps from more than 20 shops, restaurants, and cafés, and minutes from Balboa Park and Downtown. Located in the heart of South Park, one of San Diego’s most walkable and sought-after neighborhoods, this prime corner property offers immediate access to the vibrant 30th Street corridor, known for its popular restaurants, cafés, and boutique retail. The building is distinguished by a striking Shepard Fairey mural, adding cultural significance and a unique visual identity that enhances its presence and appeal. Just minutes from Balboa Park and Downtown San Diego, the property benefits from strong demand and a flexible mixed-use configuration, offering both stable income and long-term upside.

2202 30th St, North Park

$3,100,000
260006795SD MLS Active Status
We are pleased to present 1993–1999 Westinghouse, a standout multifamily investment opportunity in the heart of Linda Vista. This unique property includes a fully remodeled duplex, each unit offering two spacious bedrooms, along with four brand-new one-bedroom units. Unlike many newer developments in the area, this property offers six dedicated parking spaces, a rare amenity in the Linda Vista submarket that helps reduce tenant turnover and lower long-term operating costs. Each of the six units features: Modern finishes throughout, stainless steel appliances, quartz countertops, recessed lighting, Glass shower enclosures, In-unit laundry and contemporary fixtures. Unit sizes range from 525 to 625 square feet, providing an ideal mix of comfort, efficiency, and style. With a blend of classic charm and modern updates, 1993–1999 Westinghouse is an excellent turnkey asset in a high-demand rental location.

1993 Westinghouse St, Linda Vista

$2,498,000
260006538SD MLS Active Status
"Historic Golden Hill Treasure, 8 Updated Studios Wrapped in Old San Diego Charm." WHAT WE LOVE: This is not your typical 8-unit. It doesn’t feel like a box, it feels like a piece of Golden Hill history that just happens to produce income. Set up like a classic San Diego home with a true street presence, front approach, and multiple outdoor common areas, the property delivers something investors rarely get, character. All eight studios have been variously updated, giving the next owner a clean starting point without the heavy lift. It is the kind of opportunity that checks both sides of the equation, strong usability today with a vibe that tenants actually want to live in, which helps keep demand consistent and turnover low. WHAT WE LOVE (CONT…): Golden Hill has quietly become one of San Diego’s most sought after urban pockets, known for its blend of historic architecture, creative energy, and proximity to everything that matters. Minutes to Downtown, East Village, Balboa Park, and major transit corridors, yet elevated just enough to feel removed from the noise. That balance is exactly why tenants are drawn here. The property itself carries that same duality. From the street, it presents like a classic residence from an earlier era, not a cookie cutter apartment building. The layout creates a more residential feel with usable outdoor spaces, adding to the livability and tenant experience. All units are studio layouts - most with lofts, offering efficient footprints that continue to perform well in rental markets like this where location drives demand. For investors, this is a rare opportunity to own a multi-unit asset that stands apart from the typical inventory. Updated interiors reduce immediate capital needs, while the underlying character and location create long term appeal. Whether the goal is steady income, portfolio diversification, or a strategic hold in one of San Diego’s most dynamic neighborhoods, this property offers a compelling combination of stability, uniqueness, and future upside.

849 22nd St, Golden Hill

$9,995,000
260006443SD MLS Active Status
Price reduced to $9,995,000. First time on the market—an exceptional and rare 21-unit, condo-quality asset in the heart of Mission Hills. This trophy investment offers immediate and substantial upside. Current rents are approximately $1,000 below market per unit, creating a clear path to increased cash flow. Positioned for a sophisticated value-add investor, the property presents multiple strategies to unlock value. These include potentially converting 16 garages into additional units (subject to approvals) or undertaking a full-scale renovation and repositioning to achieve premium market rents. Residents enjoy a highly desirable amenity package: gated entry, 15 open parking spaces, 16 garages, central AC/heat, private balconies and patios, 20 working fireplaces, elevator access, on-site laundry, and four expansive community BBQ/view decks. Ideally located at the end of Goldfinch Street in one of Mission Hills’ most sought-after pockets, this offering combines strong in-place fundamentals with long-term appreciation and exceptional rental demand—an irreplaceable opportunity to elevate income and secure a premier asset in a supply-constrained market.

4069 Goldfinch, Mission Hills

$2,899,000
260006144SD MLS Active Status
All 2 Bed / 1 Bath Units! Prime North Park location featuring an attractive and highly desirable unit mix. The property offers a strong value-add opportunity with select interior upgrades already completed and additional upside through continued renovations and rent growth. Ownership has completed significant exterior and system improvements including refreshed landscaping, new exterior paint and lighting, updated windows, sewer line improvements, refinished deck surfaces, and upgraded handrails. The courtyard has been enhanced with a decorative water feature, electrical subpanels have been replaced, and the property includes a serviceable roof and off-street parking—further enhancing tenant appeal and long-term functionality.

4518 Kansas St, Normal Heights

$7,494,000
260005484SD MLS Active Status
We are pleased to present 3167 Landis Street, a fully renovated 16-unit multifamily community located in the heart of North Park, one of San Diego’s most vibrant and desirable rental markets. This gated property has undergone an extensive renovation down to the studs, resulting in a high-quality, turnkey asset featuring modern finishes throughout. Each apartment includes in-unit laundry, ductless air conditioning, and thoughtfully designed interiors that offer residents the comfort and convenience expected in today’s rental market. The property also benefits from assigned parking and abundant off-street parking, a rare amenity in this highly walkable neighborhood. A spacious central courtyard and common area creates an inviting environment for outdoor living and encourages a sense of community among residents. Situated just moments from the restaurants, cafes, and entertainment that define North Park, the property offers tenants exceptional access to neighborhood amenities while maintaining a quiet residential setting. Nearby schools such as Our Lady of Peace, McKinley Elementary, and St. Augustine High School further enhance the property’s appeal to a diverse tenant base. With excellent curb appeal, a premier location, and strong income potential, 3167 Landis Street presents a rare opportunity for investors to acquire a fully renovated, stabilized asset in one of San Diego’s most established and supply-constrained urban neighborhoods.

3167 Landis St, North Park

$4,150,000
260003263SD MLS Active Status
Presenting 4162 Arizona Street located in San Diego, California. Built in 1987 and completely renovated in 2025 including adding 5 units, this 11 unit complex is centrally located in the highly desirable neighborhood of North Park and boasts a walk score of 93. The building totals 5,326 square feet and rests on a 5,590 square foot lot. The unit mix consists of (4) two bedroom / two bathrooms, (2) one bedroom/ one baths, and (5) studios. All existing units, newly constructed units, the common spaces, and the exterior have been finished with custom design additions and finishes to appease the target rental market. Additionally there is a well designed common laundry room and parking for 9 cars. Centrally located in North Park close to El Cajon Blvd, University Ave, and Texas St, the property is walking distance to all North Park has to offer and enjoys easy drivability as well. 4162 Arizona Street present investors with the opportunity to acquire a turnkey trophy property well positioned for future cash flow and appreciation in the popular urban neighborhood of North Park.

4162 Arizona Street, North Park

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.