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4017 42nd St, East San Diego
$8,995,000
260024168SD MLS ⋅ Active Status
Rare investment opportunity featuring a $49,440/month NNN master lease with House of Metamorphosis, a well-established nonprofit operator with approximately 50 years in business, delivering stable, predictable income with minimal landlord responsibility. The property consists of 26 units, each with a private bathroom, purposefully designed for supervised residential care. The 8,450 SF building offers an average unit size of approximately 325 SF, maximizing income efficiency. Situated on a 7,000 SF lot with motel zoning, the property presents limited land value contribution; however, the zoning carries significant embedded entitlement value for SRO and behavioral health uses—an increasingly scarce and difficult-to-replicate asset class in San Diego. Investors are presented with a dual-path opportunity: continue operating with a reputable, long-term tenant under a true NNN structure, or reposition the asset for alternative residential or lodging uses, leveraging the existing 26-unit configuration and flexible zoning.

4017 42nd St, East San Diego

3829 Marlborough Avenue, East San Diego
$3,700,000
260023699SD MLS ⋅ Active Status
We are pleased to present “Stonegate Manor,” a 19-unit multifamily community located in the City Heights neighborhood of San Diego, California.? Located at 3829 Marlborough Avenue, the property offers investors the opportunity to acquire a well-maintained asset with significant infrastructure improvements, upgraded unit interiors, abundant parking, and a highly efficient unit mix.? Built in 1972, the property is situated on an approximately 0.32-acre lot and is comprised entirely of nineteen (19) one-bedroom/one-bathroom units averaging approximately 600 square feet.? Ownership has completed substantial improvements to the property’s major building systems, including a complete electrical rewire and upgraded plumbing systems.? These capital improvements provide a future owner with the benefit of modernized infrastructure while reducing the potential for significant near-term capital expenditures.? All unit kitchens and bathrooms have also been upgraded with quartz countertops, sleek cabinetry with brushed nickel hardware, stainless steel appliances, new paint, and faux wood flooring.? Additionally, the property offers abundant off-street parking for tenants, including three two-car garages and one single-car garage.? With its efficient unit mix, upgraded interiors, improved building systems, ample parking, and central San Diego location, “Stonegate Manor” represents an attractive opportunity to acquire a renovated multifamily asset in one of San Diego’s established urban rental markets.?

3829 Marlborough Avenue, East San Diego

4702 University Ave., East San Diego
$3,500,000
260019828SD MLS ⋅ Active Status
The offering comprises three contiguous parcels totaling approximately 0.45 acres, improved with an 11,500 SF mixed-use building. The property was occupied by San Diego Electric, Inc. for approximately 45 years and includes four unoccupied 1BR/1BA residential units within the adjoining building, providing immediate repositioning potential. The site presents a compelling high-density redevelopment opportunity due to its Complete Communities Tier 3 designation, transit-oriented location and 6.5 FAR development potential. Alternatively, the existing improvements offer flexibility for a value-add strategy or adaptive reuse. Zoned CC-5-4 within the Mid-City Community Planning Area, the property is also located within a Qualified Opportunity Zone (QOZ), Transit Priority Area (TPA) and Qualified Census Tract (QCT), creating additional potential for developers pursuing high-density, mixed-income or affordable housing strategies. Located in the heart of City Heights along the University Avenue corridor, the property benefits from proximity to ongoing community investment and revitalization efforts led by City Heights CDC, including business support, corridor improvements and affordable housing initiatives. The location provides convenient access to I-8, I-15, I-805 and State Route 94, while placing residents within minutes of San Diego State University, Downtown San Diego, Mission Valley, major retail destinations and key employment centers.

4702 University Ave., East San Diego

4357 39th Street, East San Diego
$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

4062 49th Street, East San Diego
$2,200,000
250042932SD MLS ⋅ Active Status
4062 49th Street is a 9-unit complex in City Heights with plenty of parking. The 5,190 square foot building built in 1968 is situated on a 5,739 square foot lot. There are nine 1 Bedroom / 1 Bathroom units. All units have been completely remodeled in 2025. There was a new roof installed as well as stucco repair, exterior repaint, new security doors, and water proofing of the balconies. All unit interiors feature new canned lighting, 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. There is an onsite laundry facility that has been expanded and has new machines. The property is located in City Heights, close to the transit and shopping off El Cajon Blvd.

4062 49th Street, East San Diego

3546 3552 47th St, East San Diego
$2,100,000
260010007SD MLS ⋅ Active Status
Welcome to a rare, turnkey 4-unit opportunity in the heart of Fairmount Village, where modern design meets smart investment potential. Property has 5.45% Cap Rate, 15.53 GRM, $525,00 a door at $662 SF. Every unit comes with parking with a 1 to 1 parking ratio. Property owner only expenses are taxes, insurance, and trash. Anchoring the property is a beautifully reimagined front home offering 1,198 SF of stylish living space and its own exclusive-use private yard—a true standout feature that feels like a single-family retreat. Fully remodeled from top to bottom, this residence showcases luxury vinyl plank flooring, brand-new dual-pane windows, a new roof, and a thoughtfully designed kitchen and bathrooms that blend clean, contemporary finishes with everyday functionality. Tucked behind, three newly constructed units deliver the ultimate in low-maintenance, high-demand living. The unit mix includes two 1-bedroom residences and a spacious 3-bedroom home with a versatile layout—featuring one bedroom and full bath on the main level, and two additional bedrooms and a bath upstairs—ideal for multi-generational living or maximizing rental flexibility. Each unit is equipped with its own split HVAC system, in-unit washer and dryer, and assigned off-street parking, offering comfort and convenience that today’s tenants and owners expect. All the heavy lifting has been done—new construction, major system upgrades, and modern finishes—so you can step right into a seamless ownership experience. Located in Fairmount Village neighborhood of East San Diego, minutes from downtown San Diego.

3546 3552 47th St, East San Diego

East San Diego
$1,945,500
260018766SD MLS ⋅ Active Status
This charming Triplex consists of 1 detached one-level single-family home and a 2-Story Duplex inside a privately gated compound. The property is situated in Fox Canyon, a quiet and hidden away enclave of City Heights, close to downtown, with easy access to FWYs 94, 805 & 15. The entire property has been thoroughly renovated and tastefully designed and decorated. Extensive recent improvements include all interiors, brand new kitchen cabinets with quartz countertops, new appliances, new bathrooms, new roofs, double pane windows and more. The single-family home (5074) and the lower unit of the duplex (5076) are currently being operated as vacation rentals and listed on both Airbnb and VRBO. The upper duplex with its private deck is being rented as a furnished unit. All the furniture and interior designed furnishings including the refrigerators and appliances in 5074 & 5076 are included in the sale.. The stated actual incomes are for the month of July 2026. Three more additional units/ADUs can be added and the current living square footage could be raised from the existing 2490 sq. ft to 7514 sq. ft. due to the favorable RM-1-1 Zoning. Currently, the owner has preliminary drawings for the addition 2 ADUs between the 2 buildings. Each existing unit has 2 off-street parking spaces inside the gate. Rare opportunity for investors or owner-occupants to purchase a turn-key property with a thriving vacation rental business, and even further development potential within a private compound on a large lot. All units have split systems for AC/Heat in addition to wall units for heating.

East San Diego

5920 Streamview Dr, East San Diego
$1,650,000
260017038SD MLS ⋅ Active Status
Exceptional value-add investment opportunity with tremendous upside! This income-producing four-unit property features four spacious 2-bedroom, 1-bath units, each with an additional den/flex room, situated on an approximately 11,090 SF RM-2-5 zoned lot. The property offers immediate rental income along with a rare opportunity to significantly increase future cash flow through a proposed ADU expansion that is nearing final approval with the City of San Diego. Currently offering approximately 3,854 square feet of rentable living space, the seller has invested substantial time and expense into architectural plans for the proposed conversion of the existing 4-car garage into two ADUs (approximately 405 SF and 549 SF), along with two new attached ADUs of approximately 1,195 SF each. Upon completion, the proposed expansion would increase the property to nearly 7,200 square feet of total rentable living space, creating the potential for a total of eight residential units and providing a tremendous head start for the next owner to capitalize on the property's long-term income potential. Ideally located just minutes from San Diego State University, this centrally located property offers outstanding convenience for both tenants and investors. Whether you're looking to capitalize on the existing income or unlock the property's full development potential, 5920 Stream View Drive presents a rare opportunity to acquire a high-upside multifamily asset in one of San Diego's strongest rental markets.

5920 Streamview Dr, East San Diego

2499 Tuberose St, East San Diego
$1,600,000
260017277SD MLS ⋅ Active Status
Attention Investors and Developers! This is an incredible opportunity to own an income property with the potential to add six additional units with approved zoning (see documents), expanding the current six-unit property to a possible twelve units. Situated on just under half an acre at the end of a quiet cul-de-sac, this property offers both privacy and convenient access to major commuter routes. With six existing units—three 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units and a studio—the investment potential is outstanding. The property features two separate buildings, with four units in the main building and two units in the second building, plus plenty of parking for tenants, both in the front and back. Built in 1958, this property presents a rare chance for investors or developers to significantly increase rental income and maximize the value of the lot. Opportunities like this are hard to find—don’t miss out.

2499 Tuberose St, East San Diego

3717 36th Street, East San Diego
$1,585,000
260023244SD MLS ⋅ Active Status
We are pleased to present 3717 36th Street, a recently renovated and newly constructed 4-unit asset in the Cherokee Point Neighborhood of San Diego, CA. Construction completed in the summer of 2026. The property is comprised of a renovated 3 bedroom / 1.5-bathroom single family home and three (3) newly constructed 2-bedroom / 1-bathroom floorplans. The property features off-street parking for both the single-family home and new construction units; a rare amenity compared to the competing product in the neighborhood. Interiors are functional and well-appointed with vinyl plank flooring, heating & air, white shaker cabinets and stainless-steel appliances. Located between Interstates 805 and 15 and bordered by Normal Heights to the north, City Heights to the east, and North Park to the west, Cherokee Point is known for its vibrant culinary scene, lively bars, and unique thrift stores, making it a highly attractive area for renters. Its central location and strong rental fundamentals make it an ideal choice for tenants seeking quality housing in one of San Diego’s improving neighborhoods. With its comprehensive improvements, well-balanced unit mix, and prime location, 3717 36th Street presents investors with a turnkey opportunity to acquire a stable, income-producing asset in a supply-constrained, high-demand submarket.

3717 36th Street, East San Diego

4727 University, East San Diego
$1,450,000
260021397SD MLS ⋅ Active Status
Turn key bar and restaurant asset package in a hot University Ave corridor. This sale includes the real estate, all equipment, the liquor license, and inventory, everything you need to launch your own concept in a fully built out commercial space. This is not a business sale, the current owner is taking their concept with them, so you're getting the tools and the building, not an existing operation to step into. Built in 2018, this is a real commercial asset, not a converted storefront. Modern construction means lower maintenance and lower operating costs right out of the gate, so more of your revenue stays revenue. Two story layout with an elevator, a copper bar top, beer taps, a walk in cooler, full kitchen with refrigerators, fryers, and a char broiler, plus a grease trap already in place. Rooftop patio and gated parking add to the draw. Upstairs there's a huge office with real upside, build it out as a private event studio, a second bar, or additional revenue generating space to expand your footprint without expanding your lease. Full ABC 47 liquor license is assumable, and the seller will support interim occupancy while the license transfers so you're not sitting dark during the process. Bring your concept and run it as a bar and grill, a full service restaurant, or whatever fits your vision. Everything is permitted and ready to go. Close escrow, transfer the license, stock the space, and open your doors.

4727 University, East San Diego

3964 Manzanita Dr, East San Diego
$1,449,950
2601210SD MLS ⋅ Active Status
3964 Manzanita Drive offers a solid triplex investment opportunity in a centrally located San Diego neighborhood. This property features separate entrances and functional layouts, making it well suited for consistent rental income or an owner-occupant strategy with supplemental cash flow. Each unit includes comfortable living spaces, practical kitchens, and well-proportioned bedrooms, providing broad tenant appeal. Off-street parking and shared outdoor space add everyday convenience and enhance rentability. With proximity to shopping, dining, schools, and major commuter routes, the property benefits from strong rental demand in the surrounding area. An attractive option for investors seeking stable income with long-term upside, or for buyers looking to offset housing costs through rental revenue. PAID SOLAR PANEL AND COIN OPERATED LAUNDRY.

3964 Manzanita Dr, East San Diego

4319 23 Landis, East San Diego
$1,349,000
260021216SD MLS ⋅ Active Status
ALL UNITS ARE OCCUPIED. Front House is a 3 bed/1 bath located at 3693 43rd and all 3 units in rear are 1 bed/1 bath located at 4319-4323 Landis St. Total rents are averaging $8445 A MONTH. Property is situated on the corner of Landis and 43rd. All four units were recently UPGRADED THROUGHOUT and are now producing strong rents. Each unit is separately metered for gas and electric, only water is shared with individual water heaters separate gas lines. Mini splits in each unit. Trash included with property tax bill. Currently there are two separate 1 car garages side by side that can be converted into another 1 bedroom/1 bath ADU generating an additional $1800 a month income, permits have been submitted. Property features new flooring, windows, stainless steel appliances, kitchen cabinets, countertops, new sub panels, electrical, and upgraded bathrooms. Walking distance to shopping centers, restaurants, City Heights Weingart Library, swim center, schools, and the police station is located right across the street for peace of mind security.

4319 23 Landis, East San Diego

4052 56 Euclid Ave, East San Diego
$1,275,000
260017084SD MLS ⋅ Active Status
Pleased to present 4050-56 Euclid Avenue, a four-unit multifamily investment in the centrally located City Heights neighborhood of San Diego. Situated on an approximately 6,008 square foot parcel, the property includes a spacious front house, a brand new unit, and two additional units, offering a mix of newer and legacy construction with existing in-place rental income. Located along Euclid Avenue, one of City Heights’ established commercial corridors, the property sits near the neighborhood’s shops, restaurants, and transit. With more than 55,000 residents within one mile, the area ranks among the most densely populated in the San Diego region, supporting steady rental demand. With in-place rents currently below market, the property offers value-add upside through lease-to-market. The offering suits investors or owner-occupants seeking a well-located San Diego asset with a mix of unit types and in-place tenancy.

4052 56 Euclid Ave, East San Diego

4225 Central Avenue, East San Diego
$1,265,000
260018638SD MLS ⋅ Active Status
Fourplex situated on an approximately 6,248-square-foot lot, 4225–4231 Central Avenue is a stabilized, cottage-style multifamily property in central San Diego. 3/2 house, 1/1 cottage, 1/1 cottage, 0/1 cottage. (House is currently rented out as a 2/1 & 1/1). The property generates $9,294 in current monthly gross income and provides five off-street parking spaces. (3 individual spots in the rear off the alley, and 1 tandem in the driveway) All but one of the cottage units have been fully or partially improved, with updated kitchens, flooring, appliances, bathrooms, exterior paint, fencing and landscaping. Additional upside exists through potential rent growth and future renovation. Conveniently located near Kensington, Teralta Park, neighborhood restaurants, Downtown San Diego, I-805 and SR-15. Listing agent & broker hold an ownership interest in the property. Property is offered in its present as-is condition. Buyer to independently verify permits, unit configuration, square footage, zoning, income, expenses, condition and development potential.

4225 Central Avenue, East San Diego

4367 McClintock St, East San Diego
$1,139,000
260020759SD MLS ⋅ Active Status
Discover a fantastic investment opportunity in the heart of San Diego! This property features two separate units — perfect for owner occupancy with rental income oras a duplex investment. Live in one and rent out the other! The back unit is currently rented for $1,900/month, providing steady income from day one. The front unit has been tastefully updated with a modern open-concept layout, created by removing a partition wall between the living room and kitchen. Enjoy a beautifully upgraded kitchen complete with contemporary finishes, perfect for entertaining or family living. Additional comfort upgrades include new mini split systems for efficient heating and cooling, ensuring year-round comfort in every room. Located in a desirable Normal Heights area, this property offers easy access to shopping, dining , and major freeways — just minutes from downtown San Diego and local beaches.Whether you're looking for a smart investment or a home with built-income potential, 4367 McClintock St offers the best of both worlds.

4367 McClintock St, East San Diego

3103 3105 Central, East San Diego
$1,100,000
260024100SD MLS ⋅ Active Status
Exceptional investment opportunity in the heart of City Heights! This versatile 2-unit property sits on a spacious, flat, and fully usable lot just under 7,000 sq ft, offering endless potential for expansion. The front unit features 2 bedrooms and 2 bathrooms, while the rear unit boasts a larger 4-bedroom, 2 bath layout. Ideal for maximizing rental income. The property backs up to a canyon, providing added privacy and a unique natural backdrop rarely found in urban settings. With plenty of on-site parking and long-term, reliable tenants already in place, this is a true turnkey income property. Recent upgrades include a newer roof and kitchen upgrades includes new cabinets, quartz countertop, new paint, flooring, updated windows and water heater helping reduce maintenance costs. The generous lot size and layout present a prime opportunity to add an ADU or explore additional development options, making this an excellent choice for investors looking to grow their portfolio. Don’t miss this chance to own a high-potential property in a centrally located, high-demand rental area! Buyers to verify all info.

3103 3105 Central, East San Diego

3676 Fairmount Avenue, East San Diego
$1,100,000
260021775SD MLS ⋅ Active Status
We are pleased to present 3676-84 Fairmount Avenue, a development opportunity located in the heart of City Heights, San Diego. Situated on two parcels equaling ±10,524 square feet (0.24 acres), the property currently consists of a single family home and retail building. Zoned CUPD-CU-3-6, the site offers a wide range of development possibilities as it falls within the Complete Communities Zoning and Transit Priority Area. The zoning contains development standards with a base floor area ratio of 0.75. City Heights is known for its cultural diversity, locally owned businesses, and international cuisine. The residents are centrally located in San Diego near ground zero of City Heights new urban core. Residents enjoy quick access to El Cajon Boulevard and Interstate-15. This property is situated in a transit-oriented neighborhood with many public transportation options nearby. Located along major east-west/north-south thoroughfares and transit hubs provides residents ease of access to jobs, education, public facilities, parks and community recreation. The property boasts a walk score of 93 on Walkscore.com’s 100-point scale and is considered “Very Walkable” as daily errands do not require a car and countless retailers, restaurants, and services are also nearby.

3676 Fairmount Avenue, East San Diego

4159 38th St, East San Diego
$1,099,000
260022276SD MLS ⋅ Active Status
THREE DETACHED LIVING SPACES | RM-2-5 | MINUTES TO NORTH PARK | INCOME + MULTIGENERATIONAL POTENTIAL. Just minutes from North Park, this property presents an outstanding opportunity for investors, owner-occupants, multigenerational living, or those completing a 1031 exchange. The front detached unit features 3 bedrooms, 1.5 bathrooms, and in-unit laundry. The second unit offers 1 bedroom and 1 bathroom with access to a shared laundry area. In addition, the property includes a detached bonus living space currently configured as a 1-bedroom, 1-bathroom unit, providing added flexibility. A long driveway provides convenient access to all three detached living spaces, creating privacy and separation throughout the property. Appliances are included, making this an excellent opportunity to generate rental income, or accommodate extended family. Conveniently located near shopping, dining, schools, major freeways, and just minutes from the vibrant North Park neighborhood, this property offers flexibility, strong income potential, and long-term value in a central San Diego location.

4159 38th St, East San Diego

3838 Van Dyke, East San Diego
$999,000
260023554SD MLS ⋅ Active Status
Family Compound or Investor’s Dream! Discover an exceptional property with multiple living spaces, flexibility, and income potential. This unique setup is perfect for a large or extended family, multigenerational living, or investors looking for multiple rental opportunities. The front home features 4 bedrooms and 2 bathrooms, including one bedroom conveniently located downstairs. The back home offers 2 bedrooms and 1 bathroom, along with a full kitchen and comfortable living room. Adding even more versatility, the garage has been converted into a studio, providing additional living space, a guest suite, home office, or potential rental opportunity. The property also features a storage shed, fully fenced yard, alley access, parking, and a rear gate for added convenience and privacy. The interior has been freshly painted, giving the home a clean, refreshed feel. With 2 separate utility meters, this property offers added flexibility for multiple living arrangements or rental use.

3838 Van Dyke, East San Diego

4204 4208 40th St, East San Diego
$995,000
260022143SD MLS ⋅ Active Status
Now offered at $995,000. Four income-producing units generating $6,775/month in current gross income, including $625/month from the Clear Channel billboard lease. Located on a corner lot directly across from Teralta Park, the property consists of two original units plus two newly constructed ADUs completed in 2024 and currently leased. The unit mix includes two studios and two 1-bedroom units, approximately 320–448 sq ft. One original unit has been recently remodeled, while the remaining original units provide additional opportunity for future improvements. Four separate electric meters provide individual utility metering. With two newer units already completed and leased, existing billboard income, and additional value-add potential, the property offers multiple income streams without the need to build the additional units from the ground up. Commercial zoning may also provide longer-term redevelopment possibilities; buyer to independently verify permitted uses and development potential with the City of San Diego. Centrally located with convenient access to freeways, transit, shopping and employment centers. An opportunity to acquire four units plus billboard income at a price below $1 million. Do not disturb tenants.

4204 4208 40th St, East San Diego

3736 3738 46th street, East San Diego
$969,000
260021480SD MLS ⋅ Active Status
Rare find! Own two fully detached, independently metered homes on a single lot, perfect for a savvy investor or an owner-occupant looking to live in one and rent the other. Both units have been remodeled,boasting modern kitchens, sleek designer bathrooms, premium tile flooring, and mini split A/C's to keep your tenants comfortable year-round.The front home features a spacious yard ideal for entertaining, while the entire property sits on a generous lot with incredible potential to add more units (ADUs) for maximum cash flow. Enjoy stainless steel appliances, private parking, and a prime central San Diego location minutes from downtown, local schools, and major freeways. Don't miss out on this turnkey gem with built-in growth potential! Front unit is available to show on weekends ONLY with scheduled CONFIRMED appointment with LA.

3736 3738 46th street, East San Diego

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.