San Diego CA Real Estate & Commercial for Sale

Fantastic location just two blocks from USD. All units have hard surface flooring throughout. Exterior was just repainted in early June, 2024. Laundry room is currently used as storage. New owner might consider putting laundry equipment in that space. One unit is the owners unit, which will be vacant at close of escrow. The currently vacant unit can be rented for $2200 before close of escrow. The two apartments with the lowest rents could be raised within 90 days of close of escrow.

4502 40th Street in San Diego, California is a turn-key, 6-unit apartment building. The buyer can assume the existing 3.76% interest loan with Chase Bank. The loan is for $1,000,000 and runs until February 2029. All units have been recently renovated, with the most recent remodels taking place in 2024. The building is comprised of 4 two-bedroom/two-bathroom units and 2 one-bedroom/one-bathroom units. All units are spacious with large windows that create bright living areas. The property has an onsite laundry room that produces additional income, as well as having an owners storage room. This attractive 5,040 SF building with seven-plus off-street parking spaces is located in the highly desirable residential neighborhood of Normal Heights. The apartment is a stones throw from a pedestrian bridge that takes residents into Kensington. Residents are also only a 10-minute walk to vibrant Adams Avenue or a short walk to downtown Kensington. This renovated investment property has a history of being 100% occupied and is currently filled with quality residents who pay their rent on-time and are all current on their rental payments. In May 2024 a new torch-down roof was installed, which has a 10-year warranty. Numerous other capital expenditures include: upgraded new sewer pipe from the building to the city sewer main, all windows have been upgraded with replacement windows, new kitchen countertops, new tiled walk-in showers, new vinyl plank flooring, new light fixtures, ceiling fans, appliances and more. 30-year loan matures Feb. 1, 2052. Ceiling is 9.5% Floor is 2.5%

Pleased to present Marlborough Villas Apartments for sale in a northern City Heights location. Completed in 1981, Marlborough Villas is a well-maintained apartment community featuring large floor plans with updated interiors. The unit mix includes twelve 2bd/1.5ba town homes, four 2bd/2ba flats, one large 3bd/2ba unit and one 1bd/1ba unit. All of the units have in-unit washer/dryers and private balconies or patios. There is assumable financing available with vastly superior terms than what an investor can get in today's market. The property was extensively renovated in 2007 with the intent to sell as condominiums. Renovations included new windows and doors, updated kitchens with new appliances, granite counter tops and in-unit washer/dryers. The property has a Final Map allowing a buyer to sell units as condominiums as a potential exit strategy.

Includes two APNs 550-600-54-00 and 550-600-72-00. This is a must-see, turn-key property. Outstanding investment opportunity to potentially acquire 8 units with residential financing! Each building has its own APN, address and consists of 4 studios per building for a total of 8 studio units. Strong rental demand with potential upside in rents. Extremely well-maintained with pride of ownership by a long-term owner. 4 units have been freshly painted & have undergone several recent updates. All units have been well maintained with updates over the years. Water heater ~2 years old in 1702 & new in 1704. Tenants enjoy two spacious outdoor areas, a BBQ area, and common laundry facilities which provide additional income. Drought-tolerant landscaping with drip irrigation for easy maintenance. The property is located in an opportunity zone and a neighborhood comprised of many single-family homes. Close to downtown, Navy Base SD, Barrio Logan, National City and so much more. Easy freeway access.

We are pleased to present 3204 Collier Ave. in the sought after neighborhood of Normal Heights. This 8 unit apartment complex has been completely renovated in the last 6 months with over $750,000 in capital improvements. There are four large 1bedroom/1bath units, two 2bedroom/1bath units, and one 2bedroom/2bath unit. All units have been extensively remodeled with high-end finishes including flooring, paint, and appliances. All units all have new washer/dryers, splits with A/C and heat, and tankless water heaters. The exterior renovations include a new roof, concrete, landscape and stucco. With brand new market rent leases and RUBs in place, this 8 unit apartment complex is perfect for an investor looking for low maintenance and low management with a true 5% CAP with new taxes and insurance. Potential to for an investor to convert garages into ADU's for additional income.

CBRE is pleased to offer for sale El Don Apartments, a 7-unit Spanish charmer located at 633 Pennsylvania Street in Hillcrest, the premier infill urban community in central San Diego. Built in 1931, El Don Apartments feature timeless Spanish Colonial Revival architecture combined with lush landscaping to create the ideal living environment. The unit mix consists of 6 spacious one-bedrooms and a two-bedroom townhouse owners unit. For the residents convenience there is a laundry facility in the expansive private courtyard in the rear of the property. The property is well maintained offering a new owner substantial rental upside.

We are proud to present for sale, an opportunity to own an investment property in the desirable 92104 with great upside potential. 3939 33rd St is comprised of 7 units, a 2 car garage and ample off street parking.

Welcome to the Surf House located at 1478 Hornblend Ave. This newly renovated asset is in the highly sought after coastal community of Pacific Beach, California. The luxury apartment complex consists of ten total units. In 2023 the building went through an extensive remodel. This included but is not limited to brand new quartz counter tops, stainless steel appliances, cabinetry, vanities, custom tile shower enclosures, split heating and air conditioners, vinyl plank flooring, fresh paint inside and out, new staircases and landing, new roofs, waterproof and deck coating, new 400 amp electrical service, 100 amp individual panels in each unit, and much more. The thoughtful improvements did not stop there as every rental has their own private laundry. Some units have access to roof top decks that feature gorgeous ocean and bay views. All work is permitted and per current building codes. No detail was left untouched provide residents with every amenity they could desire and an ownership with a turn-key asset in a prime beach market.

Top Floor VIEWS of Point Loma, Coronado Island and San Diego Harbor. Walking distance to Little Italy Restaurants and Shops and easy access to freeways, airport and public transportation. The large open Private Deck has the potential to be enclosed to provide more interior office space. The current upgraded office is approximately 902 SF. Zoning is broad and the building accommodates many business types. Some office units have independent bathrooms and showers. Six common area bathrooms are provided. Come see for yourself and visit this space filled with natural light.

We are pleased to present 3344-3348.5 32nd Street, a 1950 built 5-unit apartment complex in the highly desirable neighborhood of North Park. The building sits on a 6,248 square foot lot and has approximately 3,724 rentable square feet. The property is comprised of two buildings. The front house is a 2 bedroom / 1 bath unit with an optional third bedroom. The fourplex in the back consists of all 2 bedroom / 1 bath units. Attractive tenant offerings include: on-site laundry and (5) off-street tandem parking spaces, stellar walkability with the likes of Thorn Street Brewing, Grand Ole BBQ, and Santos Coffee with one block. There is considerate upward potential in income. Rents are below market and utilities are currently being paid by the owner. Raise rents and implement RUBs for immediate additional cash flow. A little love on the exterior will go a long way with this property. We are pleased to present 3344-3348.5 32nd Street, a 1950 built 5-unit apartment complex in the highly desirable neighborhood of North Park. The building sits on a 6,248 square foot lot and has approximately 3,724 rentable square feet. The property is comprised of two buildings. The front house is a 2 bedroom / 1 bath unit with an optional third bedroom. The fourplex in the back consists of all 2 bedroom / 1 bath units. Attractive tenant offerings include: on-site laundry and (5) off-street tandem parking spaces, stellar walkability with the likes of Thorn Street Brewing, Grand Ole BBQ, and Santos Coffee with one block. There is considerate upward potential in income. Rents are below market and utilities are currently being paid by the owner. Raise rents and implement RUBs for immediate additional cash flow. A little love on the exterior will go a long way with this property.

Pleased to present 2850-56 E Broadway, an 8-unit apartment complex in Golden Hill. The subject property was built in 1951 and was extensively remodeled in 2024. The unit mix is comprised of three (3) studios, one (1) one bedroom/one-bathroom units and four (4) two-bedroom/one-bathroom units with an approximate combined 3,684 rentable square footage. Six of the eight units of the property have been extensively upgraded with vinyl plank floors, quartz countertops, farmhouse kitchen sinks, shaker cabinets, ceiling fans, tile showers, and stainless appliances. The property also has upgraded windows, electrical, and in-unit washer/dryers (select units). 2850-56 E Broadway is located in Golden Hill, a neighborhood situated on the south end of the world-famous Balboa Park. Golden Hill is well known for its easy access to major employment centers such as Downtown, Mission Valley, and South Bay. The area has recently come to see an influx of new bars and restaurants pushing south from North Park along the 30th St corridor and Fern St. High walkability, chic local diners which showcase a sense of place and convenience to Balboa Park, Downtown, and freeways make this niche neighborhood extremely desirable. Often touted as a haven for artists and musicians.

We are pleased to present The Hamilton Bungalows at 3917-3931 Hamilton Street in prime North Park, San Diego, California. With a successful history as vacation rentals and currently operating as long-term rentals, Hamilton Street is composed of all bungalow units with no shared walls. The property boasts one of the most coveted areas of southern California and a mix of vintage interiors to fully renovated units. This is a boutique style apartment community units features concrete and granite countertops, stainless steel appliances, dual pane windows, refinished dark hardwood flooring and A/C. serious attention to detail and meticulous care from ownership. The property is comprised of a single 2-bedroom /1-bath casita (approximately 850SF), eight 1-bedroom / 1-bath casitas (approximately 500SF), and a single non-conforming studio unit and laundry room that was converted from two single car garages. One of the vacation rentals is still in operation and proves an easy model to increase income almost 20% if desired without any further upgrades to the property. Currently 11 total structures rest on the properties extra large, 2-parcel, 13,975 square-foot lot. Multifamily developments nearby on similar footprints are building 6 stories of apartments. Zoning is RM3-9 yielding 1 dwelling unit per 600 square foot of lot area under base zoning. The property lies within the complete communities tier 3 overlay as well, which allows for extreme density possibilities with a maximum FAR of 6.5. An astute investor may also see the value in renovating units to highest end finishes, raising rents and building two additional homes in the front right (where an existing casita was just demolished and has grandfathered privileges), and replacing the northern garages with a 3-story home. One might also look into retro-actively converting the non-conforming studio into a legal unit through San Diegos ADU program which is actively seeking to expand housing with few ADU conversions being denied at the city level. North Park boasts a prime location, proximate to downtown San Diego, Hillcrest and Balboa Park, offering residents easy access to a vibrant urban lifestyle and abundant recreational activities. Additionally, North Parks strong rental market, fueled by its proximity to major employers, universities, and healthcare facilities, ensures consistent demand for housing, making it a reliable investment option. Moreover, the neighborhoods diverse community and thriving cultural scene contribute to its appeal, attracting a wide range of tenants seeking a dynamic urban experience. Finally, with ongoing revitalization efforts and planned infrastructure improvements, North Park promises long-term appreciation potential, making it an attractive choice for savvy real estate investors seeking both stability and growth opportunities.

Welcome to 2401 Imperial Ave, an exceptional commercial property situated in the bustling heart of San Diego, CA. Boasting a prime location with high visibility and accessibility, this property presents an outstanding opportunity for investors seeking solid returns and value enhancement. With two well-established tenantsa thriving auto body shop and a bustling tire shopthis property enjoys a steady income stream with ample room for growth. The current 5.47% cap rate underscores its attractiveness as an investment, while the pro forma projection of a 7.62% cap rate highlights its potential for enhanced profitability. Strategically positioned to capitalize on the robust demand for automotive services in the area, this property offers investors the chance to maximize value through lease increases and value-added improvements. Whether you're an experienced investor looking to expand your portfolio or a newcomer eager to enter the lucrative commercial real estate market, 2401 Imperial Ave presents an enticing opportunity for success. Don't miss your chance to own a piece of San Diego's thriving commercial landscape. Schedule a viewing today and discover the endless possibilities awaiting you at 2401 Imperial Ave. Please call for a showing and details.

Senior complex for 62+ and disabled residents. The existing conditional use permit will convey with the sale. There are no additional restrictions on rental income, other than standard CA rent control law. There is the possibility of adding 3 ADUs. There is a 320 SF recreation room. Large communal grassy yard with picnic tables. There have been two new construction developments in the last five years within three blocks of subject property; one on Fulton and one on Ulric. USD has made many improvements to their campus in the last decade, which has had a cascade affect improving the zip code. Walking distance to public transportation, a supermarket, other shopping, dining and services. Two 1/1 apartments are being used by the resident manager as a 2/2. Seller assumes that a door could be reinstalled to restore the two 1/1 units. In effect the resident manager receives a 2/2 for less than $600 a month. In effect that is about $20k compensation.

Pleased to present Atlas on 69th, an exciting multifamily development located at 5160 69th Street in San Diego, California. The asset features a fully renovated 3-bedroom/2-bathroom plus den single story unit, and six newly constructed units comprised of four 1-bedroom/1-bathroom units and two 2-bedroom/1-bathroom units. This pride of ownership asset presents a very well thought out and refined design concept with no expense spared. Unit Interiors feature a profusion of natural sunlight with luxury fixtures and finishes, complimented with smart home keyless entry, recessed LED lighting, designer ceiling fans, high-end entries and flooring, quartz countertops, custom backsplash, full appliance packages, custom bathrooms, in-unit laundry, ample closet space, and ductless split HVAC systems. Select units feature high ceilings and private patios. Community amenities include beautiful drought resistant landscaping design with drip irrigation, lighted pathways, and gated interior common area for the detached three bedroom unit. The project also boasts solar rooftop arrays, reducing utility costs for tenants, and with a utility bill back system in place further reducing utility costs for ownership. The area provides the ultimate convenience to beautiful parks with manicured green space, with modern joint-uses, great scenic walking trails and jogging areas, easy freeway access, and an abundance of restaurants, shopping, and coffee shops.

On the market for the first time in 30 years, these two contiguous lots have been owned by the same family for nearly three decades. The property comprises 2 contiguous lots totaling 19,089 sq ft of land and an 8,227 sq ft building, both boasting 134 feet of frontage on bustling University Avenue in the heart of City Heights. With over 21,268 cars passing by daily, this prime location offers maximum exposure for any business and exceptional potential for developers, thanks to newly relaxed regulations on transportation corridors.

Pleased to offer for sale, for the first time ever since its construction, 870 Diamond Street, a 22 unit apartment property located just 2 blocks from the beach in desirable Pacific Beach, within its coveted northwest quadrant. Attractive Seller Financing is offered with this sale. Built in 1972, held and meticulously maintained by the same family as its original architect and developer (Henry F. Bugenhagen) for over fifty years since, this is a very rare opportunity. The unit mix consists of: 13 x 1Br/1Ba units; 3 x 1Br/1.5Ba units; and 6 x 2Br/2Ba units, each with its own generously sized private patio or balcony, some with peek ocean views. There are twenty two (22) off-street parking spaces, six of which are covered. Many units have been updated with vinyl plank flooring in kitchens and bathrooms, newer cabinetry, quartz countertops, and newer white appliances (incl. dishwasher). The building is serviced by a central elevator, two stairwells, and there are multiple controlled access ground floor entry points. Each floor (3) has its own laundry room with owned equipment. Interior hallways have a fire monitoring system and fresh air duct system. Electricity for the building is separately metered, while gas is on a master meter that powers the central recirculating boiler and hot water tank. Building upgrades over the past 12 years include: 'low E' glass, dual-pane vinyl windows and sliders throughout (2024); newer stairway landings, concrete steps and railings; resurfaced stucco and exterior paint; full elevator upgrade with new elevator equipment; new central boiler (2024); newer exterior common area lights; and installation of perimeter drought tolerant landscaping. The property benefits from much higher density than what current zoning would allow to be permitted today, by virtue of its previously conforming use, prior to the immediate area being down-zoned in the 1980s. Currently zoned RM-1-1, only 4 dwelling units would be permittable by right at this site presently.

Great corner location with high visability from both streets. Well maintained. Current set up is for a doctor's office. Large reception area with 4 exam rooms, kitchen area, storage closet, office and pre-exam room. Overall, in excellent condition and ready for your client to move in. Large gated parking area in rear of building.

Beautiful 8 townhome condos [map expired] in Pacific Beach, California Please call listing agent for full marketing package and drone video

Coronado Villas is located at 824 & 828 Coronado Court, Mission Bay in San Diego, CA 92109. 828 Coronado Court is located on the bayfront and is further referenced as APN 423-718-08-00. 824 Coronado Court is located directly across the alley fronting Bayside Walk and further referenced as APN 423-716-07-00. The property was originally built as an 8-unit apartment property. However, it is currently being operated as a 7-unit rental. The unit mix is balanced with (1) studio apartment, (3) one-bedroom, one-baths, (1) two-bedroom, one bath, (1) three-bedroom, two-bath and an owners apartment three-bedroom, three-bath. Coronado Villas offers a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner user plus rental. The property can be operated immediately as a short-term rental if the owner resides in the property for at least nine months out of the year. In order to obtain a short-term rental permit, non owner occupied, an application must be made and be placed on the waiting list. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.

Interested in outstanding returns? Check out this real estate opportunity in vibrant Barrio Logan, San Diego, with highly attractive assumable financing. 315-19 S 28th Street & 2809-11 Clay Ave are two adjacent parcels consisting of 9 total units (one parcel 4u the other parcel 5u). The property has an existing Freddie Mac assumable loan available with a balance of $1,140,000 and an interest only rate of 3.57% thru 2031! With current rents this reflects a day one cash on cash return of 6.3%! With an attractive unit mix, strong rental upside, central San Diego County location and entry level price point you are not going to find a better multi family investment opportunity in the entire county! Dont miss out!

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.

Assumable Debt @ 3.19% - current balance $1,290,000. Excellent Location 92 Walk Score supports significant increase in current rents. Unit mix consists of (2) 2bedroom/2baths, and (7) XL 1bedroom/1baths. Building in Great Condition & professionally managed.

DEVELOPMENT OPPORTUNITY awaits on this 11,873 SF (0.27 AC) flat lot that has alley access and fronts Imperial Avenue around lots of new construction. This centrally located property is zoned CN-1-3 and is in a Qualified Opportunity Zone, Complete Communities Tier 3 with a 6.5 FAR bonus, and Transit Priority Area w/ no parking requirements. The property currently consists of 4 single family dwellings and a commercial space that was last occupied as a taco shop. All 5 structures are still standing but are uninhabitable. This property has a 75 walk score and is less than a 1/2 mile to the 805. The property is a 10 minute drive to Downtown San Diego.

We are pleased to present 1424-30 Hornblend St within a desirable pocket of Pacific Beach in San Diego, CA. This Huffman building rests on a 6,237-square-foot lot and has approximately 5,800 square feet of rentable space. 1424-30 Hornblend is comprised of Four 2 Bedroom / 1 Bathroom & Four 1 Bedroom / 1 Bathroom units with 9 off-street parking spaces. 3 of the units have been partially to fully renovated (1424.5, 1428, 1430) and receive market rents while the rest are well under market showing a proven renovation model. ADU Geeks have recently provided plans for six small 318 SF studio ADUs to be built at the rear of the building which would be perfect for the value-add investor. This property offers investors the unique opportunity to acquire a value-add property in the heart of Pacific Beach near restaurants, shops, and stores. Located only seven blocks from Mission Bay and Mission Beach tenants get to enjoy water sports year-round. Pacific Beach is known by locals as PB and attracts the most desirable demographic of tenants. Increasing market demand continues to raise rent income and maintain low vacancy rates in the PB neighborhood