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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.
Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location isn't just a property; it's a gateway to endless potential in one of the city's most up-and-coming areas. Currently fully tenanted, this 17,568-square-foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 Multi-Use and Opportunity Zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an 8-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential uni
Introducing a premier investment opportunity at 3096 National Avenue, nestled in the heart of San Diego's Logan Heights neighborhood. This location isn't just a property; it's a gateway to endless potential in one of the city's most up-and-coming areas. Currently fully tenanted, this 17,568-square-foot development property offers positive cash flow, backed by a solid 4.17% CAP rate. With leases securing steady income, envision the immediate returns as you plot its future transformation. Situated strategically within a corridor of growth and opportunity, 3096 National Avenue benefits from its CC-3-6 Multi-Use and Opportunity Zone designation. The locale is situated for development, lying just a stone's throw from the thriving San Diego Naval Base, an 8-minute drive to the thriving Port of San Diego, and within easy reach of schools, public transit, and new shopping experiences. Why invest here? Logan Heights is on the brink of a renaissance, with 3096 National Avenue at its center. The area's expansion, fueled by its proximity to vital economic drivers, offers an investor the perfect canvas for a visionary mixed-use development combining retail excellence with residential luxury. Imagine a development where the ground floor buzzes with retail activity, while above, residential units offer breathtaking bay and city skyline views. This property comes with a concept for a mixed-use marvel, envisioning ten units per floor that promise not just a place to live or work, but a community to thrive in. 3096 National Avenue represents more than an investment; it's a cornerstone for future success in San Diego's real estate landscape. We invite you to seize this unparalleled opportunity, imagine the possibilities, and then make them a reality. Your future at Logan Heights begins today.
PRICED TO SELL!!! Incredible opportunity to build a 12+ unit apartment building or acquire a turn-key property in La Mesa! Newly resurfaced asphalt, added turf, palm trees, iron fencing and more! Currently has existing 760 sq/ft retail building with 2 offices/1 bathroom with central AC, camera surveillance and is leased month to month as a car dealership and fits up to 50 cars. Office building has glass offices giving it a modern look. Current rental income is $12,000/month. Keep, or develop this lot into 12 units of apartments, condos, or other commercial uses. All utilities active and running to property. This 13,503 sq/ft corner lot zoned C-D-MU (General Commercial/Urban Design Overlay/Mixed Use Overlay) allows both residential and commercial uses. Centrally located with convenient freeway access. Prime investment opportunity for savvy developers so dont miss out on this opportunity! Motivated sellers! Buyer to do due diligence as all facts deemed liable but not guaranteed. Please call listing agent Paiman Gailani (619) 972-SOLD.
PRICED TO SELL!!! Incredible opportunity to build a 12+ unit apartment building or acquire a turn-key property in La Mesa! Newly resurfaced asphalt, added turf, palm trees, iron fencing and more! Currently has existing 760 sq/ft retail building with 2 offices/1 bathroom with central AC, camera surveillance and is leased month to month as a car dealership and fits up to 50 cars. Office building has glass offices giving it a modern look. Current rental income is $12,000/month. Keep, or develop this lot into 12 units of apartments, condos, or other commercial uses. All utilities active and running to property. This 13,503 sq/ft corner lot zoned C-D-MU (General Commercial/Urban Design Overlay/Mixed Use Overlay) allows both residential and commercial uses. Centrally located with convenient freeway access. Prime investment opportunity for savvy developers so dont miss out on this opportunity! Motivated sellers! Buyer to do due diligence as all facts deemed liable but not guaranteed. Please call listing agent Paiman Gailani (619) 972-SOLD.
Five New construction townhomes in Golden Hill! Located in a designated Opportunity zone, this apartment complex consists of five 4-bedroom townhomes containing over 7,000 rentable square feet! All units have in unit washer/dryer, as well as private outdoor balconies, custom cabinetry, stainless steel appliances, and designer finish selections. This property has undeniable future growth potential and is located just minutes from the San Diego Airport, San Diego Zoo, Little Italy, Downtown San Diego, South Park, North Park, Hillcrest and more! Projected rent for each unit is $4275-4350.
Situated on the corner of El Cajon Blvd and Keeney Street. Outstanding location, close to medical offices, retail and multi-family housing and single family residences. A short distance to the freeway. Great street exposure, plenty of parking.
Situated on the corner of El Cajon Blvd and Keeney Street. Outstanding location, close to medical offices, retail and multi-family housing and single family residences. A short distance to the freeway. Great street exposure, plenty of parking.
Value add multifamily property with Immediate Income Potential. Welcome to 4062 49th St, a multifamily property nestled in the bustling 92105 area, presenting a unique investment opportunity for those looking to dive into the lucrative world of real estate. This 9-unit property, boasting 5,190 sqft of building space on a 5,739 sqft lot, offers an enticing blend of immediate income and significant upside potential through strategic enhancements. All nine units feature a desirable 1-bedroom, 1-bathroom layout, catering perfectly to singles or couples in search of a large living space. This uniformity simplifies management and renovation efforts. With seven of the nine units currently occupied, investors can benefit from steady income flow right from the start. The two remaining units provide a blank canvas for upgrades and rent optimization. Nine parking spots ensure that all of the tenants have their own parking spot, a valuable commodity in urban living that enhances tenant appeal and retention. This property stands as an ideal candidate for cosmetic improvements. Investors with an eye for design and renovation can unlock hidden value, elevating the propertys appeal and rental rates. Positioned in a vibrant neighborhood, the property offers tenants easy access to local ameniti
Value add multifamily property with Immediate Income Potential. Welcome to 4062 49th St, a multifamily property nestled in the bustling 92105 area, presenting a unique investment opportunity for those looking to dive into the lucrative world of real estate. This 9-unit property, boasting 5,190 sqft of building space on a 5,739 sqft lot, offers an enticing blend of immediate income and significant upside potential through strategic enhancements. All nine units feature a desirable 1-bedroom, 1-bathroom layout, catering perfectly to singles or couples in search of a large living space. This uniformity simplifies management and renovation efforts. With seven of the nine units currently occupied, investors can benefit from steady income flow right from the start. The two remaining units provide a blank canvas for upgrades and rent optimization. Nine parking spots ensure that all of the tenants have their own parking spot, a valuable commodity in urban living that enhances tenant appeal and retention. This property stands as an ideal candidate for cosmetic improvements. Investors with an eye for design and renovation can unlock hidden value, elevating the propertys appeal and rental rates. Positioned in a vibrant neighborhood, the property offers tenants easy access to local amenities, dining, entertainment, and public transportation, ensuring high demand and competitive rental prices. Walking distance to Ibarra Elementary School. The property's prime location also affords easy access to some of San Diego's most iconic destinations. North Park, Balboa Park, downtown San Diego, San Diego State University, and Mission Valley are all within a 10-15 minute drive, ensuring your tenants are never far from the urban excitement and conveniences that define San Diego living. 4062 49th St represents an excellent acquisition for investors looking to capitalize on a property with substantial growth potential. Whether your strategy involves light cosmetic refinishing or a more comprehensive upgrade, this property serves as a foundation for robust rental income and capital appreciation. Some pictures are virtually staged.
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!
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.
Well-established medical supplier business with established distribution channels including Walgreens and other drugstores. The owner has been operating the business for nearly 40 years. The manufacturing facility is located in the south-central Norsouth Industrial Park with plenty of space to expand the production and further grow the business. The owner also welcomes equity investment and joint venture initiatives as well. Most of the products in the product catalogs are made in the South San Diego facilities: https://www.icedown.com/Default.asp. Don't miss out on this opportunity to grow your business or income!
4079 Euclid Avenue is a 22-unit building consisting of 13,908 rentable square feet of structure built in 1962 on a 15,684 square foot lot. The property features 24 parking spaces, common laundry facilities and a strong unit mix of (4) 2 Bedroom / 1 Bath, (14) 1 Bedroom / 1 Bath, and (4) Studio units.
Value add opportunity! Offered for sale is a mixed-use investment or redevelopment opportunity in the City of La Mesa comprised of a 10-unit apartment complex and a 5-unit commercial retail center. Just Southwest of the 8 and 125 intersection, this property features easy access to Grossmont Center, Sharp Grossmont Hospital and San Diego State University. Additional Benefit include the large selection of restaurants and shops in Historic Downtown La Mesa. 5111 Wilson St. is a fully occupied 10 unit apartment complex located directly behind the commercial retail center. This well maintained complex is comprised of (4) 2 bed / 1 bath units and (6) 1 bed / 1 bath units, covered parking and detached laundry room. Courtyard style property shows high pride of ownership and consistent updating and maintenance under current ownership. Rents are month-to-month and below market to allow new owner the ability to realize upside through renovation and rental increases or redevelop lot to maximize density. 8870 - 78 La Mesa Blvd. is a fully occupied 5 tenant retail center plus storage yard. With monument signage and high traffic count. This property has great visibility 10 parking spaces and ample on street parking.
Value add opportunity! Offered for sale is a mixed-use investment or redevelopment opportunity in the City of La Mesa comprised of a 10-unit apartment complex and a 5-unit commercial retail center. Just Southwest of the 8 and 125 intersection, this property features easy access to Grossmont Center, Sharp Grossmont Hospital and San Diego State University. Additional Benefit include the large selection of restaurants and shops in Historic Downtown La Mesa. 5111 Wilson St. is a fully occupied 10 unit apartment complex located directly behind the commercial retail center. This well maintained complex is comprised of (4) 2 bed / 1 bath units and (6) 1 bed / 1 bath units, covered parking and detached laundry room. Courtyard style property shows high pride of ownership and consistent updating and maintenance under current ownership. Rents are month-to-month and below market to allow new owner the ability to realize upside through renovation and rental increases or redevelop lot to maximize density. 8870 - 78 La Mesa Blvd. is a fully occupied 5 tenant retail center plus storage yard. With monument signage and high traffic count. This property has great visibility 10 parking spaces and ample on street parking.
3.03% INTEREST ONLY FINANCING THROUGH 2029! CASH FLOW!!! Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845 Chamoune Avenuea newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns. Boasting twenty-one meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams. Experience the pinnacle of comfort and convenience with ample off-street parking and on-site laundry facilities, elevating the resident experience and fostering long-term tenant satisfaction. Benefit from recent capital investments, including new roofs, fresh exterior paint, upgraded fencing, security systems, energy-efficient windows, and essential infrastructure enhancements such as rerouted water lines and interior unit upgradesensuring minimal maintenance costs and maximum tenant satisfaction. This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 6.5% (day 1!). With stable rental income and minimal expenses, investors can enjoy robust returns without delay. Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through 2029, further enhancing the property's affordability and profitability.
Please to present a fully rehabbed and newly constructed multi unit in the heart of San Diego's high demand rental market of City Heights. This asset provides a new owner with a newly renovated property with more rental income upside. Five out of Eight units are month to month. Front 2 story building has been fully rehabbed inside and out. The back building contains 2 units that were recently built with city permits. 100% occupied. All new interiors including: flooring, bathrooms, cabinets, appliances, heaters, roof, counters, paint and water heaters. All new desert scape landscaping and artificial grass was designed to keep water bill low for owner. RUBs implemented! Property is situated 2 miles of NCAA Division 1 San Diego State University and less than half a mile from the College Area Business District. Tenants also have direct access to the Colina Del Sol Park which includes the Colina Park Municipal Golf Course. 5 out of 8 tenants are month to month
Rare property for sale located at 2946 Commercial Street. The property consists of a 900 square foot 3br/1ba home on a 6909 square foot lot. The lot is zoned CN 1-3 which offers a plethora of development opportunities. The house consists of 3br/1ba and leases for $1945/mo and is on a MTM lease. The back half of the lot is leased out separately as storage and leases for $600/mo and is on a MTM lease. Bring all offers!
Rare property for sale located at 2946 Commercial Street. The property consists of a 900 square foot 3br/1ba home on a 6909 square foot lot. The lot is zoned CN 1-3 which offers a plethora of development opportunities. The house consists of 3br/1ba and leases for $1945/mo and is on a MTM lease. The back half of the lot is leased out separately as storage and leases for $600/mo and is on a MTM lease. Bring all offers!
16 unit property in Colina Del Sol in San Diego. This one building property contains an excellent unit mix of 10 1bd/1bt units, 4 2bd/1.5bt units and 2 Studios. Majority of the units have recently been remodeled with new laminate flooring, paint, stainless steel appliances, tiled showers, AC (in select units), new cabinets, quartz countertops, and the newest 1br remodel has in-unit washer/dryer. This property is a turn key property that has been well maintained and can offer upside in rents with minimal remodeling required.
Discover the Ultimate Investment: Prime Medical Building on Interstate 8 in La Mesa. Presenting an extraordinary opportunity to own a highly visible, freeway-oriented medical building on Interstate 8 at the 70th Street on-ramp, in the City of La Mesa. Perfect for owner-user or an investor. This immaculate 2 story, 10,000 square foot property stands out as a beacon of excellence, capturing the attention of approximately 170,000 passing vehicles daily. A rare gem in the market, this well-maintained medical building offers more than just a spaceit provides a unique chance for "FREE ADVERTISING" with your business prominently exposed to the vast flow of freeway traffic. 2,500sf of the bottom floor is currently leased to a surgical center, providing synergy to building and offering in place income for an investor or owner/user. The seller currently occupies the entire 2nd floor. Seller could either vacate for owner/user, create new lease and remain for an investor and/or downsize to the smaller 2,500sf space on the 1st floor depending on the buyers needs. The building has an elevator. Convenient amenities surround the area. Enjoy the luxury of walking to quality restaurants, and businesses providing a perfect blend of work and lifestyle. Your staff and clients will appreciate th
Discover the Ultimate Investment: Prime Medical Building on Interstate 8 in La Mesa. Presenting an extraordinary opportunity to own a highly visible, freeway-oriented medical building on Interstate 8 at the 70th Street on-ramp, in the City of La Mesa. Perfect for owner-user or an investor. This immaculate 2 story, 10,000 square foot property stands out as a beacon of excellence, capturing the attention of approximately 170,000 passing vehicles daily. A rare gem in the market, this well-maintained medical building offers more than just a spaceit provides a unique chance for "FREE ADVERTISING" with your business prominently exposed to the vast flow of freeway traffic. 2,500sf of the bottom floor is currently leased to a surgical center, providing synergy to building and offering in place income for an investor or owner/user. The seller currently occupies the entire 2nd floor. Seller could either vacate for owner/user, create new lease and remain for an investor and/or downsize to the smaller 2,500sf space on the 1st floor depending on the buyers needs. The building has an elevator. Convenient amenities surround the area. Enjoy the luxury of walking to quality restaurants, and businesses providing a perfect blend of work and lifestyle. Your staff and clients will appreciate the ease of access to dining options in the immediate vicinity. Minutes from San Diego State University and additional medical buildings and hospitals. Eliminate parking concerns with ample free parking available on-site, with a total of 45 spaces. This feature enhances the overall accessibility and convenience for both medical practitioners and visitors. Great Freeway Signage. Maximize your business visibility with prominent freeway signage, ensuring that your brand stands out and remains top-of-mind for passing commuters.
Positioned just off the bustling Freeway 5, this prominent corner lot at the intersection of 27th St and Newton Ave boasts unparalleled visibility and accessibility. Offering a substantial parcel of 6,856 sq ft, the property hosts two distinct structures: a charming residential home coupled with a versatile warehouse. This unique combination of spaces opens a multitude of possibilities, from a live-work setup to a diversified rental income stream. The lot stands as a jewel within the Barrio Logan Redevelopment Area, falling under the Barrio Logan Planned District: Subdistrict A, designed to foster growth and community development. This designation not only enhances the investment appeal but also offers potential for a variety of uses under the planned district regulations.
Positioned just off the bustling Freeway 5, this prominent corner lot at the intersection of 27th St and Newton Ave boasts unparalleled visibility and accessibility. Offering a substantial parcel of 6,856 sq ft, the property hosts two distinct structures: a charming residential home coupled with a versatile warehouse. This unique combination of spaces opens a multitude of possibilities, from a live-work setup to a diversified rental income stream. The lot stands as a jewel within the Barrio Logan Redevelopment Area, falling under the Barrio Logan Planned District: Subdistrict A, designed to foster growth and community development. This designation not only enhances the investment appeal but also offers potential for a variety of uses under the planned district regulations.