$1,475,000 assumable loan at 4% through June 1, 2029. Welcome to an exceptional investment opportunity directly across from Teralta Neighborhood Park. This property features 9 charming units offering a great unit mix, including individual bungalows and two 2-bedroom, 2-bathroom units. Each unit is separately metered. The current owner has invested over $350,000 in renovations, including hardwood flooring, updated kitchen and bathrooms, granite counters, newer appliances, cabinetry, HVAC systems, and tankless water heaters. All units are equipped with Ring doorbells, ensuring security and convenience for tenants. Don't miss out on this opportunity to invest in a well-maintained property with a strong rental history and promising income potential. Centrally located with easy access to I-15 and I-805, the property offers a short distance to vibrant neighborhoods such as North Park, Kensington, Mission Valley, and Downtown San Diego.
Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. With a favorable 6.1% cap rate and a low down payment financing option, this property offers an accessible entry point and promising returns for investors. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.
The Carnegie Apartments offer a unique blend of vintage charm and modern amenities, making it a standout property in the heart of San Diego. Thoughtfully and artfully redesigned, current ownership has taken meticulous care in redesigning the buildings exterior and interior charm. Having commissioned local artists to live in the building and to create one-of-a-kind art installations, the building has been reborn while maintaining its original charm. Recently updated with a five-year-old roof and a new main water heater, the asset is very well-maintained. Moreover, it is equipped with cutting-edge technology, featuring both Cox and Google Fiber capabilities, ensuring seamless connectivity for residents. Situated equidistant from Little Italy, Bankers Hill, and the Marina District and adjacent to the Gaslamp Quarter and Petco Park, this property is strategically positioned to attract discerning tenants seeking a vibrant urban lifestyle. The East Village location not only enhances the propertys appeal but also places it in proximity to major cultural and entertainment hubs.
Commercial Retail Store located in a high walking traffic area in the heart of Mission Beach. Former tenant was Intazza Coffee Mug & Grub. The property features an eclectic design w/covered patio & ocean breezes that draws people to the relaxed beach vibe. Desirable location walking distance from many residential, short-term rentals & beach activities. One block from Pacific Ocean & Mission Bay. Mission Beach is a world renown destination location for travelers. Great investment opportunity at the beach in San Diego. This asset includes a fully built out kitchen, 625 square feet of interior space plus an additional 625 square feet of beautiful covered patio space.
Rare Opportunity to own a newer apartment building finished in 2020 in one of San Diego's most prestigious neighborhoods. This property generates great cash flow at $12,940 per month and gives the new owner the opportunity to take advantage of a newly constructed apartment complex. Utah St has plenty of onsite parking both in front atn on alley as well as in unit washer and dryers. Its a 5 Unit building. 2 (2/2), 2 (2/1) and a studio. The two bedrooms range in size from 750 sqft - 845 sqft. This location attracts young professionals who are looking for a great central location as well as a beautiful building with contemporary finishes. Located just off of El Cajon blvd within minutes of all the action. The building is fully leased out with great tenants who love the property.
Investors Dream Home in Logan Heights Welcome to 3607-3615 Logan Avenue, a remarkable income-producing property located in the thriving Logan Heights neighborhood of San Diego, CA. This 5-unit listing presents an outstanding opportunity for investors looking to diversify their rental portfolio. Key Highlights: - **Prime Location**: Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities. - **Diverse Units**: The property features a mix of units, including a 4-bedroom, 2-bathroom main home, two 2-bedroom, 2-bathroom units, one 1-bedroom, 1-bathroom unit, and a studio unit. This diversity caters to various tenant needs, ensuring stable rental income. - **Income Potential**: With multiple units already generating rental income, this property promises an attractive investment opportunity with substantial cash flow potential. - **Well-Maintained**: The property has been impeccably maintained, providing tenants with a comfortable and welcoming living environment while also minimizing maintenance costs for investors. - **Investor-Friendly**: Whether you're a seasoned investor or exploring your first investment property, this listing offers a straightforward and lucrat
Investors Dream Home in Logan HeightsWelcome to 3607-3615 Logan Avenue, a remarkable income-producing property located in the thriving Logan Heights neighborhood of San Diego, CA. This 5-unit listing presents an outstanding opportunity for investors looking to diversify their rental portfolio.Key Highlights:- **Prime Location**: Strategically positioned in the growing Logan Heights area, the property offers convenient access to downtown San Diego, major highways, schools, parks, and essential amenities. - **Diverse Units**: The property features a mix of units, including a 4-bedroom, 2-bathroom main home, two 2-bedroom, 2-bathroom units, one 1-bedroom, 1-bathroom unit, and a studio unit. This diversity caters to various tenant needs, ensuring stable rental income.- **Income Potential**: With multiple units already generating rental income, this property promises an attractive investment opportunity with substantial cash flow potential.- **Well-Maintained**: The property has been impeccably maintained, providing tenants with a comfortable and welcoming living environment while also minimizing maintenance costs for investors.- **Investor-Friendly**: Whether you're a seasoned investor or exploring your first investment property, this listing offers a straightforward and lucrative investment opportunity.Investment Opportunity:3607-3615 Logan Avenue isn't just a piece of real estate; it's a pathway to long-term financial stability through passive income. With its diverse unit offerings, consistent rental demand, and prime location in a burgeoning neighborhood, this property is an investment worth serious consideration.Conclusion:Don't let this unique opportunity pass you by. Whether you're looking to expand your investment portfolio or venture into real estate investing for the first time, 3607-3615 Logan Avenue offers an ideal combination of income potential, location, and unit diversity. Contact us today to schedule a viewing and take the first step towards securing your financial future with this exceptional property.
Irresistible price reduction on this business opportunity. Turn key water sports rental business with a loyal customer base and a trusted name in the industry. Nestled in a vibrant location in the heart of the access point to the water. Excellent public reputation/rating online with ample opportunity for returns on investment. Strong neighboring tenants near the bay, hotels, restaurants and airport. 2+ years remaining on the lease at this pristine property in an affluent neighborhood. Foot traffic from nearby marina, restaurants and fishing and/or boat charter businesses is abundant. Potential for additional types of merchandise in this kayak/paddleboard rental business.
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!
9 Unit Apartment Building in North Park For Sale! Property is gated with intercom access, 4 Garages in the alley and 4 tandem off-street parking spaces in front. The property is conveniently located across the street from the North Park Recreation Center and Community Park and in walking distance to multiple eateries. Unit interiors have been substantially renovated, and the concrete parking area in front was recently replaced. Large multifamily housing project on the North side of the property is currently under construction. ---Bring all offers / Owner may consider a seller carry back---
Investment Opportunity Awaits. 10-Unit Multifamily Gem in Prime Location 4020 Cherokee Ave presents an unparalleled value-add investment opportunity for those looking to capitalize on the booming real estate market. This multifamily property, featuring a generous 6,585 sqft of living space on a sprawling 7,742 sqft lot, offers the perfect blend of potential and location. Comprising six 1-bedroom, 1-bathroom units and four 2-bedroom, 2-bathroom units, this property caters to a wide range of tenants. With 8 of the 10 units currently occupied, investors will enjoy immediate income generation. The two vacant units present an excellent opportunity for cosmetic enhancements to maximize rental income. Each unit comes with a dedicated parking spot, totaling 10 parking spaces. This highly desirable amenity enhances tenant satisfaction and retention. While structurally sound, this property is a blank canvas awaiting your vision. Cosmetic updates can significantly increase its value and rental appeal, offering an attractive ROI to the savvy investor. Located in the vibrant 92104 ZIP code, tenants have easy access to local amenities, public transportation, and major employment hubs. This multifamily property is a rare find for investors seeking to expand their portfolio with a project that p
Investment Opportunity Awaits. 10-Unit Multifamily Gem in Prime Location 4020 Cherokee Ave presents an unparalleled value-add investment opportunity for those looking to capitalize on the booming real estate market. This multifamily property, featuring a generous 6,585 sqft of living space on a sprawling 7,742 sqft lot, offers the perfect blend of potential and location. Comprising six 1-bedroom, 1-bathroom units and four 2-bedroom, 2-bathroom units, this property caters to a wide range of tenants. With 8 of the 10 units currently occupied, investors will enjoy immediate income generation. The two vacant units present an excellent opportunity for cosmetic enhancements to maximize rental income. Each unit comes with a dedicated parking spot, totaling 10 parking spaces. This highly desirable amenity enhances tenant satisfaction and retention. While structurally sound, this property is a blank canvas awaiting your vision. Cosmetic updates can significantly increase its value and rental appeal, offering an attractive ROI to the savvy investor. Located in the vibrant 92104 ZIP code, tenants have easy access to local amenities, public transportation, and major employment hubs. This multifamily property is a rare find for investors seeking to expand their portfolio with a project that promises both immediate returns and long-term capital appreciation. Whether you're looking to apply cosmetic updates to reposition the asset or hold it as a steady income source, 4020 Cherokee Ave offers a solid foundation for success.
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.
NORTH PARK is HIP and happening, fun, buzzing, trendy, active, delicious, entertaining, and the place to be! Move right in to this affordable, clean and sharp unit, starting your new business that you have been dreaming of! Enjoy roof top deck and laundry provided by the The Palisade Gardens Condominiums. Gated parking space in back of building. Plenty of street parking on University and side streets. Buy it or rent to own.... THIS IS IT!
NORTH PARK is HIP and happening, fun, buzzing, trendy, active, delicious, entertaining, and the place to be! Move right in to this affordable, clean and sharp unit, starting your new business that you have been dreaming of! Enjoy roof top deck and laundry provided by the The Palisade Gardens Condominiums. Gated parking space in back of building. Plenty of street parking on University and side streets. Buy it or rent to own.... THIS IS IT!
PLEASE DOWNLOAD ATTACHED 32-PAGE OFFERING MEMORANDUM FOR COMPLETE DETAILS ABOUT THIS UNIQUE PROPERTY. We are pleased to present this exceptionally rare opportunity to acquire the largest ocean front apartment building in San Diegos Mission Beach, The Mariner Apartments. This sixteen-unit building enjoys 84 feet of beach frontage along a 6,700+ square foot lot in beautiful South Mission Beach. This is the first time this building has ever been offered for sale. The Mariner Apartments provide an opportunity for a forward-thinking investor to perform high-end renovations and create a trophy asset for their portfolio. An investor could modernize and upgrade the building while retaining the existing unit floorplans. Contingent upon City of San Diego approvals, a purchaser could also reconfigure floorplans to divide the 2,500+ sf penthouse into multiple oceanfront apartments and/or merge adjacent studios into larger units. Alternately, a buyer may wish to retain and customize the penthouse for personal use. All of the units feature private patios or decks. The seven 2-bedroom units and the 2,500+ sf third floor penthouse face the ocean. The three ground floor 2-bedroom units open out onto large private patios which offer indoor-outdoor living and direct beach access. The four third-floor studios enjoy wonderful views over Mission Bay. PLEASE DOWNLOAD ATTACHED 32-PAGE OFFERING MEMORANDUM FOR COMPLETE DETAILS ABOUT THIS UNIQUE PROPERTY.
GARNET AVE. REDUCED $300,000-2 COMMERCIAL UNITS LESS THAN 4 BLOCKS TO THE OCEAN IN THE HEART OF THE PACIFIC BEACH BUSINESS DISTRICT. TREMENDOUS PEDESTRIAN AND TRAFFIC COUNTS. FENCED PARKING. 1 UNIT AVAILABLE FOR RENT AT $3200 MONTHLY. ADDITIONAL BILLBOARD INCOME $6200 PER YEAR. LOCATION, LOCATION, LOCATION!!!
GARNET AVE. REDUCED $300,000-2 COMMERCIAL UNITS LESS THAN 4 BLOCKS TO THE OCEAN IN THE HEART OF THE PACIFIC BEACH BUSINESS DISTRICT. TREMENDOUS PEDESTRIAN AND TRAFFIC COUNTS. FENCED PARKING. 1 UNIT AVAILABLE FOR RENT AT $3200 MONTHLY. ADDITIONAL BILLBOARD INCOME $6200 PER YEAR. LOCATION, LOCATION, LOCATION!!!
The subject property is a mixed use Residential/Retail opportunity in the East Village neighborhood of San Diego. This East Village location affords this property easy access to all the businesses, restaurants, art galleries and the numerous parks in and around East Village. Petco Park, Home of the San Diego Padres baseball team is within walking distance and the subject property is located directly next to the MTS Trolley Line. Additionally, the East Village is a thriving new residential neighborhood with thousands of high-end apartment and condominium units in various stages of completion and planning. The building was built in 1930 and consists of a retail space on the ground floor of approximately 4,900 square feet and what was believed to be originally 30 Single Room Occupancy (SRO) Units on the top floor. The retail is currently on a lease with Urban Pedicabs of San Diego. Urban Pedicabs also subleases a portion of their space to Urban Sign & Print. The upper floor SRO units are on a Master Lease for a total of $2,000/Month with the lessor responsible for all utilities, maintenance, and management of the units. The SRO units are all roughly 100 square feet or 10 x 10 with some that are 10 x 8. There are a total of 5 bathrooms, 3 showers, 1 kitchen, 1 dining room, 1 laundry
Be the new owner of this retail business, specializing in the sale of household items, clothing and accessories. The business boasts approximately 2,000 sq. ft. of office and warehouse space on the ground floor, plus an incidental mezzanine area. The business park is located within walking distance of new residential developments, community parks, trolleys, shops and hospitals.
Great Investment with huge potential with covert garage to ADU for another additional unit. Walking distance to the Fiesta Bay and Crown Point Park. current rent is below market. with improvement, rent can be substantially increased.
Great opportunity to own a commercial property, right on the Boulevard with tons of traffic during the day to open your business of preference. Must verify with city to know what is allowed, but great for an office, Barber shop, Food to go, tattoo artist, beauty salon, or massage parlor. Live on site and use for your business, too. Take advantage with the potential 2 bedrooms, full kitchen, and full bath. Residence and business of choice. Recently interior remodeled with a new kitchen, new bathroom fixtures, flooring, drywall, tankless water heater, new roof shingles, exterior lighting in the entrance, and electrical outlets within the past year. Investors turn it into income property/rental.
Great opportunity to own a commercial property, right on the Boulevard with tons of traffic during the day to open your business of preference. Must verify with city to know what is allowed, but great for an office, Barber shop, Food to go, tattoo artist, beauty salon, or massage parlor. Live on site and use for your business, too. Take advantage with the potential 2 bedrooms, full kitchen, and full bath. Residence and business of choice. Recently interior remodeled with a new kitchen, new bathroom fixtures, flooring, drywall, tankless water heater, new roof shingles, exterior lighting in the entrance, and electrical outlets within the past year. Investors turn it into income property/rental.