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$14,000,000
260023450SD MLS ⋅ Active Status
Marbella is a spectacular piece of Oceanside history. Originally, two properties built in different eras were joined together in the 1970's by matching its Spanish-Mission style architecture. Marbella was fully remodeled in 2021, with all new interiors, solar panels, structural upgrades, and fully furnished units. Marbella is an oceanfront property comprised of 21 units in 4 separate buildings, including studios, one-bedrooms, and a large 3-bedroom unit. In addition, there are 14 individual single-car garages with new garage doors. This property remains as stunning as ever with a brand-new roof, stucco, and paint. All units are fully furnished and have been fully remodeled with stunning interior designs. New building ordinances prohibit building above street level; Marbella is still able to enjoy its towering third-floor views. Even its one-of-a-kind deck sits higher than the street, allowing guests to enjoy the ocean views above passersby. There is an opportunity to reduce overall expenses by transitioning to monthly or leased rentals.  The investor can transition 100% to monthly rentals or keep some of the units as vacation rentals to enjoy higher revenue through the summer months.

308 S The Strand, Oceanside
$3,150,000
260023346SD MLS ⋅ Active Status
Nine-unit apartment property in Golden Hill featuring four newly constructed units and five fully renovated original units. The unit mix includes studios, one-bedroom residences, a two-bedroom residence, and two-bedroom townhomes. All units have in-unit laundry, and the new building has solar panels. Located near Downtown San Diego, Balboa Park, and South Park, with convenient access to I-5 and SR-94.

2967 E, Golden Hill
$3,075,000
260023323SD MLS ⋅ Active Status
Fantastic Pacific Beach 5 unit property - Less than one block from Mission Bay and Fanuel Street Park. This fully vacant five-unit property gives its next owner immediate control to renovate, reposition, and lease every residence at current market rents. Front Detached Cottage w/ a 4 unit building at the rear, with two parking spaces per unit, private patios/balconies, recent capital improvements, and a roughly 7,500-square-foot RM-2-5 site with additional development potential (opportunity up to 20+ units subject to verification with city). The property offers both near-term income upside and a compelling long-term strategy. See supplemental remarks. Less than one block from Mission Bay and Fanuel Street Park, 1344-1348 La Palma Street offers immediate rental upside together with a separate long-term development opportunity. All five residences are to be delivered vacant, allowing the next owner to complete improvements, attain market rental pricing, and coordinate lease-up on their own schedule. The property includes a detached front cottage (aprox 1100 sq.ft) and four residences in the rear building. The front cottage features a refurbished entry deck, updated kitchen, newer windows, A/C, skylight/solar-tube lighting, two full bathrooms, a walk-in closet, separate laundry room, storage, and a private rear patio. Its flexible floor plan may allow for a two-bedroom configuration * The rear building includes two lower one-bedroom residences (each about 500 sq.ft) with private patios and washer/dryer hookups, plus two upper two-bedroom residences (each about 600 sq.ft) with vaulted ceilings and private balconies. Interior improvements vary by unit and include newer laminate or tile flooring, updated countertops, subway-tile backsplash, granite kitchen counters, upgraded sinks, newer vanities, and tiled shower enclosures * Each residence has two allocated parking spaces. Portions of the existing landscaped area may provide additional parking potential * Recent property improvements include newer roofs on both structures, a replaced sewer line, newer water heaters, and a complete exterior repaint. * The approximately 7,500-square-foot RM-2-5 site also presents a separate redevelopment opportunity. Preliminary analysis identifies a primary conceptual range of approximately 15 to 19 units, with possibility for more. No development program is approved. Buyers must independently verify zoning, Complete Communities eligibility, Coastal requirements, affordability obligations, parking, unit count, rents, and physical feasibility.

1344 La Palma, Pacific Beach/Mission Beach
$1,900,000
260023269SD MLS ⋅ Active Status
Banked-Owned Property (REO) • Prime Normal Heights Location • Plans for a 4-Story, 26-Unit Development (20) 1Bdrm/1Bth Units + (6) 2Bdrm/Bth Units • Existing 1,000 SF Commercial Unit • (5) Off-Street Parking Spaces + (2)-Car Garage • Surrounded by Strong Commercial Activity and Steady Residential Demand • Perfect for a Developer/ Value-Add Investor or Could be Ideal for Owner-Users Seeking a High-Visibility Adams Avenue Business Location with Multiple Future Exit Strategies

3659 Adams Ave, Normal Heights
$3,500,000
260023081SD MLS ⋅ Active Status
Fully Entitled and Approved for 56-Units (45,249 SF) • Ready-to-Issue Development Opportunity • Modern Five-Story, Podium Design • Prime Central San Diego Location – Golden Hill • Located in the Complete Communities Transit Priority Area • Designated Opportunity Zone (Offering Potential Tax Benefits for Qualified Investor) • Walkable to Balboa Park, Shops, Nightlife and Dining • Convenient Access to Balboa Park and Nearby Neighborhoods Including Downtown, North Park and South Park • Approved Unit Mix: (16) 1Bdrm/1Bath, 500SF • (16) 1Bdrm/1Bath, 500SF • (18) Studios, 398SF • (12) Studios, 348SF • (12) Studios, 348SF • (10) Studio Lofts, 486SF • The approved plans in place provide a developer with a short, defined path to breaking ground. The existing structures include 8-Units on a 14,063 sq. ft. lot with alley access, and existing approvals for demolition of the existing structures

2658 Broadway, Golden Hill
$1,599,000
260023075SD MLS ⋅ Active Status
2241-2247 Prospect Street offers two distinct investment strategies in one asset. A value-add investor can pursue substantial rental upside across the property, while an owner-user can occupy the detached three-bedroom home and benefit from income generated by the four additional units. The physical separation of the detached residence from the income units is a meaningful differentiator for buyers who want the economics of multifamily ownership without living in a conventional apartment setting. The current rent roll is materially below the stated conservative pro forma. Excluding the owner-occupied unit, current collected rent totals approximately $8,300 per month. Stabilized pro forma rent across all five units is approximately $13,550 per month, creating approximately $5,250 per month / $63,000 per year of potential gross rental upside before considering vacancy, collection loss, turnover costs, repairs, capital expenditures or other operating expenses. This property is located in one of the most desirable areas of National City with peek-a-boo views of the Bay.

2241 Prospect, National City
$1,150,000
PTP2607125 MLS ⋅ Active Status
Prime Investment Opportunity in Chula Vista! This versatile Flex Condominium Offices-Storage building offers exceptional potential for a growing business. With a flexible layout, you can configure the space to include multiple offices with an attached storage area, or easy convert it into a larger open storage unit. The unit includes two bathrooms, storage and 7 office spaces. Located within the highly sought-after Venture Commerce Center, right in the heart of the Eastlake Business District, this space offers easy access to shopping, dinning, and recreational facilities. Plus, it's just minutes from the 125 freeway and only 15 minutes from the Otay Mesa Border Crossing. Don't miss out on this rare opportunity.

869 Anchorage Pl, Chula Vista
$4,295,000
260022988SD MLS ⋅ Active Status
This landmark building captures the architectural spirit of San Diego's golden era, a gated community offering distinctive design and lasting character rarely found on the market today. Ideally situated in one of the city's most sought-after corridors, the property sits adjacent to numerous new developments, positioning it for continued appreciation. A compelling opportunity for the astute investor seeking both prestige and long-term value in a truly prime location. This Mix of (4) Plex PLUS (4) Newer Modern STUDIO Units, All Residences Have Stoves, Refrigerators, Dishwasher, Washer & Dryers, Air Conditioners, (8) Parking Spaces, Lot Size: 50x132 with Alley. The (3) One Bedrooms are 810-860 Sq. Ft, (1) 2 Bed 1 Bath Approximately 800 SF, the (4) Studios are 325-375 Sq. Ft. Plenty of Parking, 7 Parking Spaces, +1 Handicapped Space.

3574 4th Ave. (-80), Mission Hills
$3,349,000
260022943SD MLS ⋅ Active Status
A newly renovated coastal Encinitas 5 unit multifamily asset with recently constructed additions, and strong in-place income in one of Southern California’s most supply-constrained rental markets. Introducing 921–927 Regal Road, a rare opportunity to acquire a standout 5-unit property on a large lot in the highly desirable coastal community of Encinitas. Completed with extensive renovations and recent additional units, construction and improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix of two (2) two-bedroom / one-bath units and three (3) one-bedroom / one-bath units. Total of 7 bed , 5 baths. This is the Northerly half of mirror image courtyard development. The south 5 unit property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled residences. Interior upgrades include modern quartz countertops, renovated kitchens and bathrooms, tile flooring throughout, updated electrical systems, new AC units serving the newly built units, and new roofs. Each residence offers abundant natural light, large private enclosed backyards, and mature landscaping that creates a unique residential environment rarely found in multifamily investments of this scale. The property combines modern improvements with a low-density coastal living experience that strongly differentiates it from traditional apartment product throughout Southern California. Located in one of North County San Diego’s most desirable rental markets.

Encinitas
$3,349,000
260022941SD MLS ⋅ Active Status
A newly renovated coastal Encinitas multifamily trophy asset on a Large Lot with quality upgrades, strong in-place income, in one of Southern California’s most supply-constrained rental markets. Introducing 931–937 Regal Road, a rare opportunity to acquire a newly renovated 5-unit property in this highly desirable coastal community. Completed with extensive renovations and recent construction additional units with improvements finalized from 2020 to 2025, this exceptional investment offers a highly attractive unit mix of three (3) two-bedroom / one-bath units and two (2) one-bedroom / one-bath units. Total of 8 bed, 8 bath. Private courtyards for each unit! This is the South half of mirror image courtyard development. The adjacent 5 unit property is also available separately. The property has undergone a comprehensive, transformation featuring newly constructed and fully remodeled residences. Interior upgrades include modern quartz countertops, renovated kitchens and bathrooms, tile flooring throughout, updated electrical systems, new AC units serving the newly built units, and new roofs on all. Each residence offers abundant natural light, large private enclosed backyards, and mature landscaping that creates a unique residential environment rarely found in multifamily investments of this scale. The property combines modern improvements with a low-density coastal living experience that strongly differentiates it from traditional apartment product throughout Southern California. Located in one of North County San Diego’s most desirable rental markets.

Encinitas
$9,060,000
260022912SD MLS ⋅ Active Status
The offering presents an opportunity to acquire a 54- unit senior multifamily portfolio comprised of two adjacent properties, Kalmia Courtyard and De Luz Apartments, in Fallbrook, California. Properties must be purchased together. The portfolio offers predictable rent growth through rents tied to Area Median Income (AMI) rather than market rents. Constructed in 1988 and 1997, the properties also offer newer construction, potentially reducing maintenance and long-term capital expenditures. Due to the recorded Regulatory Agreement, the portfolio qualifies for Low-Income Housing property tax abatement. Seller to convey 501(c)3 nonprofit entity to assist buyer with structure. The adjacent properties can be operated separately or together, providing operational efficiencies while maintaining separate income streams and flexibility to sell the proper ties individually in the future. Located within walking distance of Downtown Fallbrook, residents benefit from convenient access to locally owned shops, restaurants, boutiques, galleries, and everyday services in a charming small-town setting. Included 2 properties and 4 parcels - 234 W Kalmia Street & 420 N. Pico Ave, Fallbrook, CA 92028. APN: 103-131-06, 07 & 08 and 103-131-01-00

234 W Kalmia, Fallbrook
$2,800,000
260022893SD MLS ⋅ Active Status
4357-63 39th Street is a 9-unit apartment community consisting of multiple single-story structures totaling 5,080 square feet built in 1926, renovated in 2025, and situated on a 12,666 square foot lot. All the units are 1 Bedroom / 1 Bathroom and there are 9 garages, four of which are located at 4358 40th Street APN 447-202-23-00 on another 1,752 square foot lot. All units were completely remodeled in 2025. There was a new roof installed as well as stucco repair, exterior repaint, doors, and landscaping. All unit interiors feature new canned lighting, ceiling fans, window coverings and vinyl plank flooring with new baseboards. All units have new appliances and electric wall heaters powered by new sub panels. Plumbing was replaced with copper and ABS as needed. The kitchens and bathrooms feature new cabinets, fixtures, hardware, and quartz countertops.

4357 39th Street, East San Diego
$2,595,000
260022823SD MLS ⋅ Active Status
**6-Unit, Turnkey, Prime North Park** Located just south of University Ave in one of North Park's most desirable pockets, this 6-unit multifamily property offers a fully renovated, turnkey asset — including three brand-new units. Situated just south of University Ave (WalkScore of 88) with excellent walkability to shops, dining and nightlife along University Ave, convenient access to nearby neighborhoods including Mission Hills, Hillcrest, and South Park, and a short walk to Balboa Park. The property features a 3Bedroom/3Bathroom house along with (3) 1Bedroom/1Bathroom units, (1) 2Bedroom/1Bathroom, and (1) Studio, with each unit offering a private yard or patio. Significant capital improvements have been completed across both the interiors and exteriors, creating a turnkey property with steady in-place cash flow with still +20% in additional rental upside.

3758 Louisiana St, North Park
$2,475,000
260022814SD MLS ⋅ Active Status
6 units, all one bed one bath, bungalow style rental units in OB. One block off Newport. Security access gate with outdoor space and 4 garages.

4918 Santa Monica Ave, Ocean Beach (OB)
$3,150,000
260022780SD MLS ⋅ Active Status
See OM! 4657 Felton Street, a 9-unit, 5,942-square-foot multifamily community located in the trendy neighborhood of Normal Heights, just steps from Adams Avenue entertainment, in San Diego. Originally constructed in 1969, the property was repositioned in 2018 with an extensive renovation plan to cater to today’s top renters. The offering is priced at $3,150,000 at a 5.42% cap rate. The building consists of nine units across an efficient mix of two 2-bedroom / 1-bathroom units (approximately 825 SF) and seven 1-bedroom / 1-bathroom units (averaging 615 SF). Additionally, there are 9 off-street parking spaces, AC in all units, and a common laundry facility. This straightforward, highly usable layout caters to a broad urban tenant base and remains consistently attractive to renters in the submarket.

4657 Felton St, Normal Heights
$2,850,000
260022774SD MLS ⋅ Active Status
4221–27 Kansas Street is an 8-unit multifamily property located in the heart of North Park. Built in 1956, the property consists of eight (8) 2-bedroom / 1-bath units totaling approximately 6,736 square feet, offering a consistent unit mix. The property includes five (5) off-street parking spaces and on-site laundry. Units are in good overall condition, with several recently updated, providing stable in-place income. Conveniently located near North Park’s restaurants, retail, and local amenities, with access to Interstate 805 and Interstate 15.

4221 Kansas St, North Park
$3,450,000
260022686SD MLS ⋅ Active Status
Eight unit coastal apartment community with strong current rents. Excellent unit mix of seven 2-bed/1-bath units (~890 SF) and one 1-bed/1-bath (~740 SF), all larger than the Ocean Beach norm. Recently updated exterior paint & newer windows. One block from the beach, one block to Newport Avenue's dining and entertainment corridor, and two blocks to Ocean Beach Elementary.

4930 Santa Monica, Ocean Beach (OB)
$2,590,000
260022672SD MLS ⋅ Active Status
We are pleased to exclusively present for sale 3767 7th Avenue, an exceptionally restored Spanish-style multifamily investment located in the heart of Hillcrest, one of San Diego’s most desirable and supply-constrained urban neighborhoods. Combining stabilized in-place cash flow with fully entitled expansion potential, the offering presents a rare opportunity to acquire a trophy-quality asset featuring immediate development upside. The property currently consists of four legal apartment units and one non-conforming one-bedroom unit, while approved plans allow a purchaser to immediately commence construction of nine additional apartment units and legalize the existing non-conforming residence, resulting in a 14-unit apartment community upon completion.

3767 7th Avenue, Mission Hills
$8,200,000
260022608SD MLS ⋅ Active Status
We are pleased to present Golden View, a 28-unit multifamily community located at 2470 C Street in San Diego, CA. Situated on approximately 0.33 acres in the heart of Golden Hill, the property offers investors the opportunity to acquire a well-located apartment asset in one of San Diego’s most established, walkable, and centrally positioned urban submarkets. Golden View features a diversified unit mix of studio, one-bedroom, and two-bedroom floorplans totaling approximately 21,546 rentable square feet. The unit mix includes three (3) studio units averaging 442 square feet, fifteen (15) one-bedroom/one-bathroom units averaging 765 square feet, one (1) two-bedroom/one-and-a-half-bathroom unit at 832 square feet, eight (8) two-bedroom/two-bathroom units averaging 862 square feet, and one (1) large non-conforming studio unit at 1,017 square feet. The property’s varied floorplan offering supports broad renter appeal, while select spacious units feature bright kitchens with stainless steel appliances, generous closet space, secured access, elevator service, on-site laundry, and assigned parking. Ideally positioned just east of Downtown San Diego, Golden View places residents near Balboa Park, San Diego City College, major freeways, and a wide range of dining, nightlife, shopping, and entertainment venues. The property combines convenient access to San Diego’s major employment and lifestyle destinations with the neighborhood character and walkability that continue to drive renter demand in Golden Hill. With its central location, meaningful scale, diversified unit mix.

2470 C Street, Golden Hill
$2,500,000
260022556SD MLS ⋅ Active Status
9-Units in Normal Heights • Extremely Well-Maintained Asset w/ RUBS • New Roof (2024), Multiple Units Upgraded • Ample Onsite Parking (10 Spaces) • Situated Just South of Adams (WalkScore of 93) • Excellent Walkability to Shops, Dining and Nightlife Along Adams Ave • Convenient Access to Nearby Neighborhoods Including Mission Valley, Kensington, North Park and South Park This represents an opportunity to acquire an extremely well-maintained asset and with strong in-place rents with efficient operations (established RUBS system) with additional rental upside in one of San Diego's best rental markets.

4669 36th Street, Normal Heights
$8,995,000
260022479SD MLS ⋅ Active Status
We are proud to present The Beach Palms Carlsbad, a luxury vacation rental property. Currently operating and permitted as a vacation rental property, the potential buyer can continue to reap the increased revenue from the vacation rental business or convert it back to long-term luxury furnished apartments and/or corporate rentals. The owners completely renovated the interiors and common area with the latest luxurious amenities that guests come to expect. They also transformed the large courtyard into a tropical oasis where guests can go to unwind and relax, have a BBQ or spend time with friends and family. Located across the street from pristine Carlsbad Beach. Walking distance to fine dining, shopping, galleries,  and entertainment in Carlsbad Village. The property has two 2-story low-rise buildings that include a total of 8 units. The South building has six 2- bedroom units, and the north building has one 1-bedroom unit and one 3-bedroom unit. A laundry room is located inside the courtyard, equipped with two complimentary washers/dryers and laundry detergent. No expense was spared on the total renovation of this property. It will be sold with all the furnishings and electronics.  In addition, the rear carport and attached office could be rebuilt as an ADU, whereby a 9th unit could be added above the carport, entering through the current office, which would be reduced in size to support the stairs.

150 Walnut, Carlsbad
$1,045,000
NDP2608610 MLS ⋅ Active Status
A rare opportunity to own a prime commercial property in the heart of Wynola, one of the San Diego Mountains’ most popular destinations. Set on 3.27 acres just three miles from historic Julian, the property sits prominently at the intersection of Highway 78 and Wynola Road with over 700 feet of frontage and outstanding visibility to both local and visitor traffic. Wynola has become a destination of its own, known for its restaurants, cideries, orchards, live music, local shops and relaxed mountain atmosphere. This property fits naturally into that setting, with mature coastal live oaks, usable land and generous outdoor areas offering the space and character to create something truly special. Improvements include a 4,356 SF main retail building, three additional structures totaling approximately 2,000 SF, plus additional storage. C36 zoning provides flexibility for a variety of retail and commercial uses, with potential for outdoor gathering areas, events, agricultural uses or future expansion. Currently home to a well-known antique retail business, the property offers the opportunity to continue an established use or bring a fresh vision to this highly visible location. Infrastructure includes a private well, septic system, owned solar and backup generator. With substantial highway frontage, existing improvements, versatile acreage and a beautiful mountain setting along the well-traveled route to Julian, this is more than a commercial property, it’s an opportunity to become part of the community and create a destination of your own.

4336 Julian Highway, Julian
$2,500,000
260022449SD MLS ⋅ Active Status
Over a 7% pro forma cap rate, seven fully occupied residential units, and a warehouse facility position this 8.19-acre Bonsall property as a compelling income-producing investment in North San Diego County. Approximately 6,436 square feet of residential space with 14 bedrooms, 11 bathrooms, and established tenancy provide immediate cash flow from a diversified mix of rentals. At the center of the property, the approximately 100-year-old Rockhouse brings historic character rarely associated with a multifamily asset. Units E and F were upgraded in 2024, while mature trees and gently sloping terrain create separation between residences. A private well adds valuable infrastructure and helps support the extensive grounds. Investors benefit from a single-parcel acquisition with multiple revenue sources, substantial acreage, no HOA, and no Mello-Roos. Convenient proximity to Fallbrook, Highway 76, I-15, Oceanside, and employment centers throughout the region supports continued tenant demand. The combination of current occupancy, attractive projected returns, land ownership, and improvement potential creates a distinctive opportunity for investors seeking yield and long-term value in the Southern California market.

5710 Olive Hill Road, Bonsall
$4,500,000
260022362SD MLS ⋅ Active Status
New to market for the first time in over 26 years, 2301-2323 Brant Street presents a rare opportunity to acquire a well-maintained 12-unit multifamily asset in one of San Diego's most desirable urban neighborhoods, just steps from Little Italy, Downtown, and Balboa Park. Set on an oversized corner lot elevated above street level, the gated property features two buildings connected by a central landscaped courtyard, with select units enjoying city and bay views. The unit mix consists of eight (8) upgraded one-bedroom, one-bathroom units and four (4) upgraded two-bedroom, two-bathroom units, with dedicated garages for 8 of the 12 units. Every unit has received cosmetic upgrades, including newer kitchens and dual-pane windows, with dedicated laundry rooms for each building. The property has historically strong occupancy and is currently 100% leased, offering an investor immediate, stable income in an irreplaceable infill location.

2301 Brant Street, Downtown
$3,795,000
260022274SD MLS ⋅ Active Status
Variance Granted Commercial Res Income. Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,500 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer. Exceptional Pacific Beach residence and/or investment opportunity just blocks from the sand! This unique property features a beautifully upgraded 5-bedroom, 3-bath main residence plus four newly built (2025) 1-bedroom, 1-bath ADUs, offering the perfect blend of coastal living and strong rental income. The main home is fully of upgrades, an open-concept floor plan, a lower-level game room, and a private outdoor hot tub—ideal for entertaining or relaxing after a day at the beach. Currently operating as a successful Airbnb, the home can be sold fully furnished, creating a true turnkey opportunity. Situated behind the main residence is a separate building with four modern ADUs, each offering approximately 328 sq. ft and on their own electric meters. Built in 2025, each unit is currently rented for $2,500 per month, providing immediate and reliable cash flow. Enjoy easy access to the beach, restaurants, shopping, and everything Pacific Beach has to offer.

1953 Emerald St, Pacific Beach/Mission Beach
$3,700,000
260022227SD MLS ⋅ Active Status
Ballantyne Condominiums is a newly constructed mixed-use asset ideally located in the heart of downtown El Cajon, within walking distance of Magnolia entertainment venue, popular restaurants, shopping, and local amenities. The property consists of eight residential condominium units and two ground-floor retail/office suites, including: INVESTMENT OVERVIEW Four (4) spacious 2-bedroom, 2.5-bath units Two (2) 1-bedroom plus study, 1.5-bath units Two (2) 1-bedroom, 1.5-bath units Two (2) street-level retail spaces Each residential unit is equipped with in-unit washer and dryer, individual HVAC systems, and secure gated covered parking. The property is currently 100% occupied, with all residential tenants on month-to-month leases, providing a new owner with the flexibility to implement immediate rental increases and maximize income potential. This turnkey investment is strategically positioned to benefit from the continued growth and revitalization of the East County submarket. A unique value-add opportunity exists for a buyer to complete the HOA formation process and pursue the sale of individual condominium units, potentially unlocking significant additional value. As a rare newer-construction asset, Ballantyne Condominiums offers low maintenance requirements, modern amenities, and strong long-term investment fundamentals.

120 Ballantyne, El Cajon
$1,799,000
260022112SD MLS ⋅ Active Status
Pleased to present 4073 Chamoune Avenue, a well-maintained 5-unit multifamily investment opportunity located in San Diego’s established City Heights neighborhood. Built in 1988, the property consists of five 3-bedroom, 2-bathroom units, totaling 15 bedrooms and 10 bathrooms. The property offers seven enclosed garage parking spaces plus one additional uncovered space, providing a strong parking ratio for the asset. Additional features include alley access, electronic security gates, and an onsite laundry facility.

4073 Chamoune Ave, East San Diego
$7,700,000
260022050SD MLS ⋅ Active Status
**18 Units - Prime Coastal San Diego Location - Ocean Beach** Value-Add Opportunity, Over 20% Upside in Rental Income • Strong Unit Mix: (2) 2Bdrm/2Bath, (8) 2Bdrm/1Bath & (8) 1Bdrm/1Bath • Extremely Well Maintained, Low Maintenance Asset • Fully Gated Community w/ Secure Access • Large Common Area Courtyard & Onsite Laundry • Ample Onsite Parking (18) Spaces • Excellent Walkability to Shops, Dining and Nightlife (WalkScore of 81) • Convenient Access to Newport Ave, Ocean Beach Pier

4649 Voltaire St, Ocean Beach (OB)
$7,950,000
260021771SD MLS ⋅ Active Status
The Richmond is a newly constructed 19 unit luxury multifamily property in the heart of Hillcrest, one of San Diego’s most desirable and supply constrained rental markets. Completed in 2025, the property features studio, one bedroom and two bedroom residences with modern finishes, in unit laundry, central heating and air conditioning, triple pane windows and private balconies in most units. Offered at $7,950,000, or approximately $418,000 per unit, The Richmond is priced well below nearby development cost benchmarks while generating approximately $545,000 in annual scheduled income and $372,000 in NOI. The property also offers approximately 11% potential rent upside and benefits from exemption from AB 1482 rent caps through at least 2040, providing significant flexibility for future rent growth. The property is steps from shopping, dining and major employment centers, including the expanding UC San Diego Health Hillcrest campus and Scripps Mercy Hospital. Hillcrest is also benefiting from major public investment, including the approximately $28 million Pride Promenade project along Normal Street, further enhancing the neighborhood’s walkability and long term appeal. New construction. Below replacement cost. Strong in place income. Rent upside. Favorable regulatory positioning. An irreplaceable Hillcrest location.

4015 Richmond, Mission Hills
$5,250,000
260021585SD MLS ⋅ Active Status
24-unit apartment community located in the highly desirable Golden Hill neighborhood of San Diego. Built in 1982, the unit mix consists of twenty-four (24) studio units with functional floor plans along with an onsite laundry room and ample onsite parking (25 surface spaces). Tenants enjoy the walkability of Golden Hill with easy access to local services, shopping and community parks. This represents an opportunity to acquire an extremely well-maintained asset with strong in-place rents and additional upside in one of San Diego’s most dynamic and up-and-coming markets. The property benefits from its central location and proximity to Balboa Park, Downtown San Diego and nearby by neighborhoods of South Park and North Park.

2944 F Street, Golden Hill

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.