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!
We are excited to introduce two extensively renovated 10-unit apartment buildings located in the Pacific Beach neighborhood of San Diego. Surf House Pacific Beach, situated at 1468 Hornblend St, comprises three 2-bedroom/1-bathroom units, six 1-bedroom/1-bathroom units, and one studio/1-bathroom unit. The apartment building adjacently located at 1478 Hornblend St is currently going through an extensive rehab job, and is expected to be completed in March of 2024. 1478 Hornblend St is an identical layout as 1468 with the exception that it will include one extra roof deck, 3 extra private yards, an additional bathroom in one of the two bedroom units and two extra parking spaces. These newly available properties feature a luxurious and contemporary design with top-tier finishes.
Why buy new? A) 15-year new construction exemption from AB 1482s rent control provisions. B) Low maintenance. C) Built by a highly reputable builder who is based out of Pacific Beach and has built over 5,000 units. *** Located in the heart of Pacific Beach and walkable to countless neighborhood assets, this brand new construction mid-rise built in 2023 is a rare find in a bustling coastal community. Mix includes 18x 2 bed/2baths, 2x 1 bed/1bath, and 1x commercial retail space. Building has secure entry, lobby/mail room, elevator, garage with 21 parking spaces including 2 EV chargers, bike storage, and refuse room. Apartments feature quartzite countertops, in-unit laundry, central heat & AC, vinyl flooring, balcony(s), and stainless steel appliances. Apartment utilities are metered separately and paid by tenants. Building is FULLY leased & move-ins are currently underway. *Price reflects outright sale, but Seller is also willing to sell 49% interest and retain 51%. There is currently a $4.8m loan on the property at 4.5% interest.* **Cost segregation study recently completed, which will provide an additional $1.28M in depreciation for 2024. Building is solar-ready, which is estimated to provide $25k in revenue/year if installed along with additional tax credits.** Documentation is available upon request. ***Exceptional walkability to groceries, restaurants, cafes, gyms, yoga studios, and more. 1.5 miles to the ocean, 1.5 miles to Interstate 5, and a 15 minute drive to San Diego International Airport. *3.73% Cap Rate | 18.3 Gross Rent Multiplier.
Boasting zoning for medical facility use, this property provides a seamless transition for existing medical spas or offers an enticing opportunity for healthcare professionals seeking to establish their practice. From cosmetic enhancements to wellness treatments, the possibilities are endless within these walls. Conveniently located on the 1st floor, this end unit offers plenty of natural light. Seize the opportunity to own a piece of Sorrento Valley's thriving commercial landscape. Whether you're a seasoned entrepreneur looking to expand your portfolio or a visionary newcomer ready to make your mark, this commercial condo offers the perfect canvas to turn your business dreams into reality.
Boasting zoning for medical facility use, this property provides a seamless transition for existing medical spas or offers an enticing opportunity for healthcare professionals seeking to establish their practice. From cosmetic enhancements to wellness treatments, the possibilities are endless within these walls. Conveniently located on the 1st floor, this end unit offers plenty of natural light. Seize the opportunity to own a piece of Sorrento Valley's thriving commercial landscape. Whether you're a seasoned entrepreneur looking to expand your portfolio or a visionary newcomer ready to make your mark, this commercial condo offers the perfect canvas to turn your business dreams into reality.
Reed Ave is a 20 unit property comprised of all 1bd/1bt units, located just minutes from the ocean and includes an on site laundry facility. 13 of the 20 units have been remodeled with vinyl flooring, new cabinets and paint along with replacing bathtubs and fixtures as needed. Though currently in good condition, there is upside to increase rents. This amazing cash flow property is nestled between La Jolla and Mission Bay, and Mission Beach with excellent value add opportunities. This wonderful area along the San Diego coastline extends approximately 3 miles along the Pacific Ocean and stretches east to Interstate 5.
Excellent low maintenance property in a strong rental market! Front 2br/1bt cottage lives like a SFR w/ no shared walls, laundry, and outdoor space. Back building roof has recently been replaced and all units have A/C and Tankless water heaters. The property has recently upgraded units, low expenses due to updated systems (back roof, tankless water heaters), low maintenance landscaping, and detached 2br cottage provides an excellent opportunity for a buyer to live in front and rent out back or have solid rental property with sound fundamentals.
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!
Prime investment opportunity in the heart of North Pacific Beach! Just 3 blocks from the beach, and walking distance from the beloved shops and restaurants of the North PB neighborhood. This property offers 7 units, currently 100% occupied. Six 1BD/1BA apartment units, plus one 2BD/1BA charming house. The main house and 5 of the apartments were completely remodeled in 2014, with new kitchen cabinets, laminate flooring, new electrical and appliances. There is plenty of storage and parking available. The main house features an additional storage room or office off the master bedroom, a long driveway, and a private patio off the kitchen. There is outdoor, locking storage for the 6 apartments. Community, coin operated laundry for all units. Extremely well maintained and cared for over the years.
CLEAN,CRSIP, Multi Car PARKING and Furnished! Welcome to Your Next Investment Triumph at 3314 Mission Blvd, San Diego, CA A Rare 8-Unit Multi-Family Paradise!Nestled in the heart of America's Finest City. The CROWN JEWEL in the competitive world of real estate. This exclusive 8-unit multi-family PROPERTY IS COMPRISED of 7, 2 BEDROOM 1 BATH with 1, 1 Bed/1 Bath. Truly a lucrative investment opportunity set against the backdrop of San Diego's vibrant lifestyle.Ideally positioned in the coveted Mission Beach neighborhood, this property is a stone's throw away from the sun-kissed shores and the lively energy of Mission Bay. Tenants are treated to the best of both worlds the tranquility of a coastal retreat and the excitement of urban living. A modern masterpiece, architectural triumph that seamlessly marries form and function. Each unit showcases contemporary design elements, providing an aesthetic appeal that complements the coastal surroundings. From sleek finishes to open layouts, these residences redefine luxury living. This property caters to a spectrum of lifestyles with a versatile array of unit configurations. Whether it's the young professional seeking a trendy one-bedroom haven or a family in need of spacious two-bedroom accommodations, 3314 Mission Blvd has a home for everyone.This multi-family gem is not only a visual delight but a cash flow powerhouse. The thriving rental market in San Diego ensures a steady stream of income, while the property's strategic location sets the bar high! The owner just completed an extensive interior/exterior upgrade. Property short term rental numbers were in excess of $80,000 for several months in Summer of 2023.Property Was taken down to the Studs ! Each unit has fully functional Heat/AC with Custom Kitchen and Baths! Updated Electrical ! Property also features Common Laundry with Storage and BBQ Area !
We are is pleased to present 3956-3962 1st Avenue, a mixed use property located in the desirable urban neighborhood of Hillcrest in San Diego. The unit count includes 13 apartments plus two office suites. The subject consists of a 13-unit multifamily building and a 2,220 square foot office building situated on three adjacent parcels totaling approximately 0.5 acres (20,663 square feet). The current owner would prefer to sell both the apartments and office combined, but will entertain offers on each separately. The Buyer can assume an attractive $2.43M Chase Loan fixed at 3.92% until May 2027 on the 13-unit multifamily property located at 3960-3962 1st Avenue. The subject is strategically located in the highly walkable neighborhood of Hillcrest on First Avenue between the major east-west thoroughfares of Washington Street and University Avenue. The property has superb drive-by visibility, abundant parking and alley access. Tenants are walking distance to several restaurants, bars, coffee shops and boutique shops. Proximate to several freeways including I-5, I-8 and the 163, residents have convenient access to all major employment centers. The apartments were originally constructed in 1955 and the property is well maintained. There is opportunity for a Buyer to capitalize on a full renovation program to substantially increase rents. Alternately, the property offers a prime redevelopment opportunity. Recent updates to the City of San Diego's development regulations would permit a higher density development than the base zone allows.
JUST REDUCED!!! Great University Heights location just one and a half blocks from Adams Ave. Gated entry and common patio space. Built in 1972. Year built and Gross Sq.Ft. information was provided by seller. Five open and four tuck-under parking spaces. Tuck under parking could be converted to ADUs based on CA density bonus law and city of San Diego's more generous interpretation. Renovation can boost rents significantly. It is close to shopping, restaurants, schools and major freeways.
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.
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.
This unit was previously occupied by a telecom. It is being sold in 'As-Is' condition. There is no electrical supply to the unit, no electrical outlets, no lights or HVAC.
Nestled in the heart of Hillcrest this single-family home/commercial business space, offers a unique blend of residential comfort and commercial potential in a prime location. Currently serving as a thriving law office, this property opens doors to endless possibilities. Classified as C-C-3-8. With three bedrooms, one bathroom, and a spacious 1,060 sq. ft. of living space, it caters to the needs of adaptable workspaces or a family. In addition to its interior, the property boasts five parking spaces, ensuring convenience for clients or residents, or can possibly be converted a yard. Meticulously maintained, this home offers comfort for living or working. Whether you're an entrepreneur seeking the ideal business location, a family looking for flexible living, or an investor with a vision, this property accommodates your dreams. Don't miss this exceptional opportunity
Nestled in the heart of Hillcrest this single-family home/commercial business space, offers a unique blend of residential comfort and commercial potential in a prime location. Currently serving as a thriving law office, this property opens doors to endless possibilities. Classified as C-C-3-8. With three bedrooms, one bathroom, and a spacious 1,060 sq. ft. of living space, it caters to the needs of adaptable workspaces or a family. In addition to its interior, the property boasts five parking spaces, ensuring convenience for clients or residents, or can possibly be converted a yard. Meticulously maintained, this home offers comfort for living or working. Whether you're an entrepreneur seeking the ideal business location, a family looking for flexible living, or an investor with a vision, this property accommodates your dreams. Don't miss this exceptional opportunity
Current business for contractors' supplier. Sits in a block quiet, corner, ground floor unit from very busy Miramar Road near 805 freeway with high visibility from front street, has own parking. A valuable location close to prime areas UTC, Carmel Valley, Del Mar, La Jolla and Mira Mesa. The sun front building has 16' ceiling, a loft for extra storage room not in the record, 2 drive-in doors, concrete floor, 24/7 access, HOA $523, trash service $195 a month. Windows in office and showroom. Seller can rent it back or relocate.
Current business for contractors' supplier. Sits in a block quiet, corner, ground floor unit from very busy Miramar Road near 805 freeway with high visibility from front street, has own parking. A valuable location close to prime areas UTC, Carmel Valley, Del Mar, La Jolla and Mira Mesa. The sun front building has 16' ceiling, a loft for extra storage room not in the record, 2 drive-in doors, concrete floor, 24/7 access, HOA $523, trash service $195 a month. Windows in office and showroom. Seller can rent it back or relocate.
An incredible multi-family development opportunity! Zoned for multi-family. Can expand additional multi-family housing on the 10,514 SF lot.The building was used as a church, including a general assembly area, offices and classrooms, and a 2 bed / 1 ba apartment unit upstairs. There is a CUP allowing for church use.
Commercial Use property Zoned M1. 2 Small buildings with work rooms. Public records show vacant land but offices are being used with Auto repair. Close to downtown and trolly is very close. Perfect for towing yard. Apartments being built next door.
8 units located in the heart of Pacific Beach west of Ingraham between Grand and Garnet Avenue. One block away from Starbucks and Trader Joes. 3 of the 8 units have been renovated in 2023 and new investor/owner will have opportunity to add value by renovating the remaining 5 units. New remodels include stainless steel appliances, new vinyl plank flooring, white shaker cabinets, fresh paint, modern fans and baseboards. New owner can also airbnb units being this close to the Pacific Ocean and Mission Bay. RM2-5 zoning allows for 1.35 FAR. Architects have confirmed an opportunity to add 6 ADUs to the existing 8 units and in Transit Priority Area (TPA). See MLS for rent roll and floor plan. Dont miss out on this great opportunity to own in the 92109!
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 ppatel@dpalaw.comor 619-851-5368 for additionalinformation.
4/17 price reduction. Almost a 6 cap on Proforma. Property shows well. Less than $350,000 per unit. For sale is a stabilized multifamily investment property located at 4270 34th St. San Diego, Ca 92104, in the popular North Park Community. This is an 8 unit Huffman style apartment building property consisting of (5) 1bed / 1 bath units and (3) 2 bed / 1 bath units. All units are rented at or near market rents allowing the future owner to keep pace with rising rents. Located on the alley are (4) 1 car garages that can be converted into multiple ADU's adding tremendous value with relatively little investment dollars. Easy upside to a 5.7 cap by adding RUBS, laundry, parking income and increase units to market rents.
a profitable restaurant and market in the heart of San Diego. It is located in a busy area of shopping and offices. You can continue the same concept or create your own concept. You can also earn extra income by using it as a Ghost Kitchen. It has a type 41 license. There is lots of upside potential for this restaurant. This is a great opportunity for someone to own a profitable restaurant and can be turned around very quickly. Open 6 days a week. No Financial information will be provided over the phone. Must sign an NDA and show proof of funds, prior to the release of any information.
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