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1562 Diamond St, Pacific Beach/Mission Beach
$3,300,000
260026986SD MLS ⋅ Active Status
The Palms on Diamond is a distinctive 1980-built, six-unit multifamily property located at 1562 Diamond Street in the heart of Pacific Beach. Situated on an oversized 9,375-square-foot lot, the property consists of four spacious two-bedroom/two-bath residences complemented by two one-bedroom/one-bath cottage-style units. The four larger residences have been remodeled and feature in-unit laundry, while the two cottages are well maintained and offer future modernization potential. One cottage is incorporated into the primary structure, while the second is a standalone residence, enhancing the property's residential character. Records indicate approximately 5,068 square feet of total building area. Private outdoor areas and abundant parking further distinguish the property. Five of the six residences enjoy private decks or patios, while parking includes eight rear surface spaces, two front spaces, and a double garage. Recent capital improvements include extensive exterior wood replacement and repairs, a new roof, and a contemporary black-and-white exterior paint scheme. Additional features include a completed SB 721 inspection and a six-unit condominium plan with accompanying CC&Rs recorded in 1980. Located west of Ingraham Street, The Palms on Diamond offers convenient access to the beach, shopping, dining, and neighborhood amenities, including nearby Trader Joe's and Vons.

1562 Diamond St, Pacific Beach/Mission Beach

2635 Magnolia Ave, Pacific Beach/Mission Beach
$2,350,000
260026403SD MLS ⋅ Active Status
We are pleased to present 2635–2639 Magnolia Avenue, a fully renovated five-unit multifamily community ideally situated on a quiet cul-de-sac in the highly desirable Pacific Beach neighborhood of San Diego. Combining extensive property improvements, a desirable residential unit mix, and an exceptional coastal location, the offering presents investors with an opportunity to acquire a substantially modernized, income-producing asset in one of San Diego’s most sought-after rental submarkets. Originally constructed in 1960, the property underwent a comprehensive restoration in 2023–2024, including the addition of accessory dwelling units (ADUs), extensive interior renovations, and significant infrastructure and exterior improvements. The community features four (4) two-bedroom/one-bathroom residences ranging from approximately 733 to 750 square feet, including a distinctive twostory townhome, and one (1) approximately 350-square-foot studio designated as an affordable unit at 110% of Area Median Income (AMI). The property encompasses approximately 3,525 square feet of improvements on a 6,185-square-foot parcel zoned RM-3-8. Each residence has been thoughtfully updated with modern finishes and desirable amenities, including new luxury vinyl plank flooring, stainless steel appliances, renovated kitchens and bathrooms, updated cabinetry, ceiling fans, wall heaters, and convenient in-unit washers and dryers. Major plumbing improvements and upgraded exterior finishes further enhance the property’s overall condition, minimizing near-term capital expenditure requirements.

2635 Magnolia Ave, Pacific Beach/Mission Beach

2336 Union Street, Downtown
$2,590,000
260026216SD MLS ⋅ Active Status
We are pleased to present an exceptional opportunity to acquire a well-maintained, six-unit apartment community strategically located along the highly desirable border of Little Italy and Bankers Hill. Originally constructed in 1937, this three-story property combines timeless architectural character, stable in-place income, and an irreplaceable urban location in one of San Diego’s most sought-after rental markets. The property features a desirable unit mix of four (4) spacious two-bedroom/one-bathroom residences averaging approximately 900 square feet and two (2) one-bedroom/one-bathroom residences averaging approximately 604 square feet. Three units have undergone interior renovations featuring updated kitchens, modern appliances, and upgraded finishes. Select residences also offer walk-in closets and sweeping views of San Diego Bay, Downtown San Diego, and Point Loma. Thoughtful capital improvements include dual-pane windows, newer appliances, updated interior finishes, and a premium Sully Jones roof with an existing warranty. Residents enjoy convenient on-site laundry facilities and a beautifully landscaped communal backyard, providing valuable outdoor space within this highly urbanized setting. Ideally positioned just blocks from Little Italy’s acclaimed restaurants, cafés, shopping, and entertainment, the property offers convenient access to Balboa Park, UC San Diego Health, Scripps Mercy Hospital, and California Western School of Law. Its proximity to Downtown San Diego, San Diego International Airport, and major transportation corridors further enhances its appeal t A defining investment highlight of the offering is the inclusion of newly completed ready-to-issue (RTI) plans for four additional luxury townhome residences, creating a compelling opportunity to expand the existing sixunit community into a potential ten-unit residential asset. The proposed development consists of two three-story duplex buildings situated at the rear of the property, comprising four luxury townhomes totaling approximately 4,426 square feet. Each residence is envisioned to average approximately 1,100 square feet, incorporating contemporary architectural design and high-end finishes intended to complement the property’s premier urban setting. Upon completion, the proposed development would increase the property’s residential unit count from six to ten, representing a significant expansion of the existing rental community. The additional residences offer the potential to generate new rental income, enhance overall asset performance, and create meaningful long-term value. The property’s location along the Little Italy and Bankers Hill border further strengthens the development opportunity. With convenient access to Downtown San Diego, major employment centers, renowned dining destinations, and cultural amenities, the proposed townhomes would benefit from the same desirable urban lifestyle and central connectivity that support demand for the existing residences. Combining a predominantly stabilized six-unit income-producing property with RTI plans for four additional luxury residences, the offering presents a distinctive opportunity to pursue substantial development upside while maintaining an established multifamily investment in one of San Diego’s most desirable neighborhoods. Offering & Due Diligence Notes: Property tours available with an accepted offer only. Proof of funds and lender DU approval required, as applicable. Buyers to independently verify all development plans, permits, approvals, and property information.

2336 Union Street, Downtown

5727 Lauretta St, Old Town
$5,950,000
260026078SD MLS ⋅ Active Status
Welcome to Lauretta Lofts—where modern living meets luxurious comfort with Walking Distance to USD . This new building offers stylish ( 2) studio, (2) 1-bedroom/1-bath, and (8) 2-bedroom/2-bath apartments with 9 parking spaces designed to elevate your lifestyle. Experience the allure of high ceilings, expansive windows that flood your home with natural light, and thoughtfully curated details throughout. Each apartment features a luxury walk-in shower, sleek quartz countertops, and elegant vinyl plank flooring. Enjoy the convenience of an in-unit washer and dryer, spacious private patios, and custom closet organizers tailored to maximize your space. Comfort is guaranteed with heating and air systems. Lauretta Lofts goes above and beyond with stainless steel appliances, gated security, available storage, a secure parking garage, and EV charging stations—all wrapped in a stunning modern aesthetic.

5727 Lauretta St, Old Town

2141 Front Street, Downtown
$1,950,000
260025905SD MLS ⋅ Active Status
PRICE IMPROVEMENT! BRING ALL OFFERS. 2141 Front Street is a well-located 6-unit investment property in the highly desirable Bankers Hill neighborhood, just minutes from Balboa Park, Downtown San Diego, and Little Italy. The property consists of two separate buildings with a unit mix of two 2-bedroom/1-bath units and four studios. The property has been recently renovated with upgraded electrical systems and interior improvements, and units feature laminate flooring, air conditioning, and functional layouts. Select units offer private outdoor areas, and the property includes a secure fenced entry. This is a compelling value-add opportunity in one of San Diego’s most sought-after central locations with strong long-term rental demand.

2141 Front Street, Downtown

1221 Dorcas St, Old Town
$1,699,000
260024974SD MLS ⋅ Active Status
Morena Lofts is a nine-unit ground-up residential development planned for a 12,500 SF infill lot at 1221 Dorcas Street in San Diego. The plans include approximately 10,682 SF of living space across nine two- and three-bedroom homes, along with 11 on-site parking spaces and about 859 SF of private decks. The unit mix consists of six 950 SF 2BR/2BA ADUs arranged in three stacked pairs, two 1,750 SF three-story 3BR/2.5BA townhome-style residences, and one 1,482 SF two-story 3BR/2BA residence. Every home includes in-unit laundry. The permit set was submitted to the City of San Diego on 9/16/2024 and is pending approval. Unit count, design and fees remain subject to City review. Buyers and their agents should independently verify all information.

1221 Dorcas St, Old Town

4826 Santa Cruz Ave, Ocean Beach (OB)
$3,800,000
260024708SD MLS ⋅ Active Status
4826-4832 Santa Cruz Ave offers a rare opportunity to acquire a nine-unit multifamily property in the heart of San Diego's desirable Ocean Beach neighborhood. Just two blocks from the beach, the property provides easy access to the ocean, entertainment, eateries, grocery stores, and all the amenities of the famous Newport Ave thoroughfare. The desirable unit mix includes (7) two-bedroom units, (1) one-bedroom unit, (1) studio and (4) garages with ADU potential. Select units have been upgraded with new cabinets, vinyl flooring and stainless-steel appliances. Additionally, the property provides attractive income at in-place rental rates, with value-add and rent increase potential for a new owner. Its premiere beach location makes this an excellent investment opportunity in a highly sought-after rental market.

4826 Santa Cruz Ave, Ocean Beach (OB)

971 D Ave., Coronado
$3,875,000
260024203SD MLS ⋅ Active Status
It is a distinct honor to present for sale for the first time in over thirty years, 971-79 D Avenue, Coronado, CA 92118, an exceptionally well-located five (5) unit multifamily property, ideally situated within three blocks from the beach, the iconic Hotel Del Coronado, and abundant shopping & dining along Orange Avenue. This charming garden-style community has Two (2) one-bedroom/one-bathroom units (±615 SF), and three (3) two-bedroom/two-bathroom units (±872 SF). There are three surface off-street parking spaces and two garages, as well as a laundry room and three large storage rooms on-site. The property features paved walkways accented by perimeter landscaping, including lush lawn(s), mature Magnolia trees, and well-manicured shrubs/flowers. Estimated to have been built in ±1949, the property is on a corner lot and features a two-story building, built of wood-frame construction upon an elevated foundation. The building has stucco exterior, a pitched roof, and many windows that have been replaced with dual-pane vinyl. Select units have been upgraded with vinyl plank flooring and lightly remodeled kitchens and bathrooms. Units are separately metered for gas and electricity, and there is a wide rear setback with space for bike/board storage for the residents. Given its unique and desirable coastal location, within walking distance to the beach, Hotel Del Coronado, shopping/dining, Glorietta Bay, et al., coupled with its good unit mix as a well-maintained Five-unit apartment community, near many multi-million dollar estates, this property is sure to do well. The astute investor or nearby resident could do several things to improve operating performance, including: 1) modernization of unit interiors to a very high-end level; 2) Adding an ADU; and/or 3) operating some units as mid-term or short-term rentals (where allowed by the city of Coronado).

971 D Ave., Coronado

728 G Ave, Coronado
$5,175,000
260023894SD MLS ⋅ Active Status
Eleven on G is an 11-unit multifamily property situated on a 6,707-square-foot parcel in the heart of Coronado. The property consists of ten one-bedroom residences and one two-bedroom residence totaling approximately 5,511 square feet, with an expansive front lawn, mature landscaping and multiple open-air areas that create an inviting residential setting. A defining characteristic of the property is its existing 11-unit configuration, representing a level of multifamily density that would be difficult to replicate under today’s development standards. This existing scale, combined with the property’s relatively compact footprint and attractive outdoor areas, distinguishes Eleven on G from many other multifamily investment opportunities in Coronado. The improvements have been well maintained, with select interiors featuring thoughtful renovations and updated finishes. The combination of improved and more traditional units provides an incoming investor with an established asset while preserving opportunities to enhance rents and interiors over time. Located just steps from Coronado High School and within easy walking distance of Orange Avenue, neighborhood shopping, restaurants, parks and recreation, Eleven on G combines established multifamily scale with the walkability and residential character that distinguish Coronado’s rental market.

728 G Ave, Coronado

2140 1st Avenue, Downtown
$1,725,000
260023734SD MLS ⋅ Active Status
pleased to exclusively present for sale 2140–2144 1st Avenue, a meticulously restored five-unit Victorian apartment community located in the prestigious Bankers Hill neighborhood of San Diego, California. Perched above Downtown San Diego with sweeping views of the city skyline, San Diego Bay, and Point Loma, the property offers a rare combination of historic architectural significance, irreplaceable location, and modernized living accommodations. Following an extensive restoration program, ownership has thoughtfully preserved the property’s timeless Victorian character while incorporating high-quality interior and exterior improvements that rival those found in luxury single-family residences. The property consists of four spacious one-bedroom residences and one studio apartment, with each unit featuring a unique floor plan and distinct architectural character. Recent improvements include a fully refreshed exterior, upgraded flooring, custom-designed kitchens and bathrooms, premium fixtures and finishes, expansive walk-in closets, and bay windows in select units that maximize natural light and capitalize on the property’s elevated setting. Residents further benefit from beautifully maintained grounds and a private landscaped backyard that enhances the overall residential experience. A substantial storage area beneath the building provides additional utility and flexibility for ownership. 2140 1st Avenue presents investors with a compelling opportunity to acquire a boutique multifamily asset in one of SD's most supply contrained and desirable urban neighborhoods. The property’s historic charm, architectural distinction, and premier location create a highly differentiated rental offering that continues to attract quality tenants. Future ownership may further enhance revenue potential through continued interior modernization, the addition of in-unit laundry, and strategic common-area improvements designed to capture premium market rents. Situated in the heart of Bankers Hill, one of San Diego’s most affluent and walkable neighborhoods, the property benefits from immediate proximity to Balboa Park, Downtown San Diego, Little Italy, the Waterfront District, and the region’s largest employment centers. Residents enjoy convenient access to acclaimed restaurants, boutique retail, cultural institutions, healthcare campuses, and public transportation, all within a pedestrian-friendly environment characterized by mature tree-lined streets and historic architecture. With a Walk Score of 95, the location offers an exceptional blend of urban convenience and neighborhood charm. Supported by strong demographic trends, limited housing supply, and consistently high renter demand, Bankers Hill remains one of San Diego’s premier multifamily investment submarkets. 2140–2144 1st Avenue represents a rare opportunity to acquire a trophy-quality historic asset with durable income characteristics, meaningful upside potential, and long-term appreciation prospects in one of Southern California’s most coveted urban neighborhoods.

2140 1st Avenue, Downtown

2301 Brant Street, Downtown
$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

2164 2nd Ave, Downtown
$3,794,000
260021201SD MLS ⋅ Active Status
Assumable financing - The property currently has a $2.1 million Chase loan with an attractive fixed interest rate of 3.37%. Great returns - 5.57% current cash on cash. Melrose Apartments is a charming 16-unit community located at 2164 Second Avenue in the highly desirable Bankers Hill neighborhood of San Diego, California. Built in 1920, the property features a mix of 14 studios and two one-bedroom / one-bathroom apartments. The property has charming original character, including hardwood floors, crown molding, Mission-style curved parapet, wide hallways, and an ornate wood/glass entry. The property's classic character and original architectural details are highly appealing to renters. While the property has been well maintained, there is an opportunity for a new owner to renovate and modernize kitchens and bathrooms, providing a path to increase rents while preserving the property's character. With a 94 Walk Score, Melrose Apartments is exceptionally well positioned within one of San Diego's most walkable and desirable urban neighborhoods. Residents are surrounded by acclaimed restaurants, cafés, shops, and neighborhood services, including Mister A's, Cucina Urbana, and Azuki Sushi. Balboa Park is just four blocks away, offering 1,200 acres of gardens, museums, cultural attractions, recreational amenities, and scenic trails. Residents can also walk to Little Italy, one of San Diego's most popular dining and entertainment districts.

2164 2nd Ave, Downtown

1478 Hornblend Street, Pacific Beach/Mission Beach
$5,500,000
260020125SD MLS ⋅ Active Status
We are pleased to exclusively offer The Surf House, a newly reimagined 10-unit apartment community located at 1478 Hornblend Street in San Diego’s Pacific Beach neighborhood. Designed for today’s coastal renter, the property combines modern apartment finishes, extensive building-system upgrades, and a highly walkable beachside setting within one of San Diego’s most supply-constrained rental markets. The asset was comprehensively rebuilt and delivered in June 2024 following a full permitted redevelopment through the City of San Diego. The renovation scope substantially modernized the property from both an operational and resident-experience standpoint, including upgraded electrical capacity, new plumbing, a centralized hot-water system, fire sprinklers, foundation improvements, roofing, windows, exterior finishes, gutters, and architectural steel staircases. Inside the residences, The Surf House offers a polished coastal living environment with contemporary finishes and practical in-unit amenities. Units feature quartz countertops, custom-style cabinetry, designer tile accents, stainless-steel appliances, luxury vinyl plank flooring, in-unit laundry, individual split-system HVAC, and dedicated outdoor areas, including patios or rooftop decks. Select homes further benefit from scenic ocean and bay views, adding to the property’s lifestyle appeal. Located just six blocks from the beach and within immediate reach of Garnet Avenue’s restaurants, shops, cafés, and nightlife, the property is well positioned to attract renters seeking both convenience and coastal access.

1478 Hornblend Street, Pacific Beach/Mission Beach

2114 Abbott St., Ocean Beach (OB)
$2,075,000
260020107SD MLS ⋅ Active Status
It is a pleasure to present for sale 2114 Abbott Street, San Diego, CA 92107, an Ocean Beach multifamily property located within 1 block from the beach, surf, and neighborhood retail along Newport Avenue (4 blocks), as well as the OB Pier (5 blocks)! This property is comprised of Three (3) studio apartments and Five (5) 1Br/1Ba apartments. There are three (3) functional garages and one (1) large storage-only garage, as well as one (1) surface off-street parking space. Units and common area hallway (upstairs) are in average condition, ripe for full modernization, with some deferred maintenance items (such as likely wood rot around several window frames, garage door frames, et al.). Diamond in the rough property. Where else can you buy 8 units within a block from the sandy beach at under $260K/unit!?! Charming property with peek ocean views from select units, ripe for full modernization. To be delivered with four (4) vacant units and all garages vacated. Private patios/balconies at select units. Seller May Carry, at Better than Market Interest Rate! Seller Financing to be secured by 1st Trust Deed, for a term of up to 3 years. Seller also selling the adjacent 4 unit property at 2104-6 Abbott Street (all 1br/1ba units), at the northwest corner of Brighton Avenue and Abbott Street, listed (10/11/26) with same agent as for this Property. These properties can be sold either separately or together.

2114 Abbott St., Ocean Beach (OB)

2175 Bacon Street, Ocean Beach (OB)
$3,600,000
260019023SD MLS ⋅ Active Status
!!!BRING ALL OFFERS!!! 2175–2177 Bacon Street presents a fully renovated seven-unit apartment community located approximately three blocks from the beach in Ocean Beach. Extensively remodeled from the studs in 2026, the property includes four two-bedroom residences, two one-bedroom residences, and a detached one-bedroom casita with a den and private fenced yard. Improvements include upgraded kitchens and bathrooms, stainless steel appliances, contemporary flooring, in-unit laundry, central air conditioning, dual-pane windows, and modern finishes throughout. Additional amenities include two single-car garages, limited exterior storage accommodations, and select private outdoor spaces. The garages and storage provide supplemental rental income. !!!BRING ALL OFFERS!!! Located within walking distance of Ocean Beach's restaurants, cafés, shopping, and coastal attractions, the property offers a turnkey investment opportunity in one of San Diego's most desirable beach communities. Buyer to verify all property information, including unit count, square footage, permits, and income and expense figures.

2175 Bacon Street, Ocean Beach (OB)

3034 Newell St, Point Loma (Pt Loma)
$2,875,000
260018793SD MLS ⋅ Active Status
SELLER FINANCING AVAILABLE: 5% Interest Only | 2-3 Year Term | $1.2M Down Payment Originally constructed in 1953 and reimagined through a comprehensive 2024 renovation, Point Thirty is positioned on an approximately 0.12-acre lot and offers ±3,197 rentable square feet of elevated living space. Point Thirty carries the character that has long defined Old Point Loma: historic, graceful architecture, a peninsula setting that has never lost its pull, and a lifestyle shaped by the bay just beyond the block. The top-to-bottom renovation honors that heritage while layering in contemporary selections throughout. A multi-tone color palette brings warmth and dimension to the interiors, high-end finishes carry a consistent standard of quality from unit to unit, and well-planned custom lighting and fixtures, inside and out, add both security and beauty after dark. The unit mix consists of four (1-bedroom / 1-bathroom) units and one (2-bedroom / 1-bathroom) unit, appealing to a wide range of renters including young professionals, military personnel, couples, and long-term residents seeking a refined standard of housing in one of San Diego's premier coastal communities. Among them is a newly constructed, freestanding bungalow with no shared walls and its own privacy-fenced yard. Every home offers an LG full-size stackable washer and dryer, an LG dishwasher, remote-controlled mini-split air conditioning, and thoughtfully updated modern interiors.

3034 Newell St, Point Loma (Pt Loma)

2003 Emerald Street, Pacific Beach/Mission Beach
$3,950,000
260018607SD MLS ⋅ Active Status
Eight unit apartment building on a corner lot in Pacific Beach. Built in 1966 and meticulously maintained. Unit mix is six 1BD/1BA and two 2BD/1BA averaging approximately 650 square feet. One dedicated parking space per unit. Six of eight units renovated. Two units have in unit washer and dryer. Current rents approximately 11% below market. Utilities are currently billed at a low flat rate, leaving upside through SDG&E submetering or a market level RUBS program. 89 Walk Score with retail, grocery, and dining within walking distance. Pacific Beach submarket vacancy is 4.2% versus 6.1% countywide, with only 60 units under construction submarket wide and trailing twelve month rent growth near three times the San Diego average. Contact broker for offering memorandum, rent roll, and financials.

2003 Emerald Street, Pacific Beach/Mission Beach

1518 Rosecrans Street, Point Loma (Pt Loma)
$6,800,000
260016900SD MLS ⋅ Active Status
$700,000 Price Reduction! Loma Manor is an 18-unit apartment community located in the coastal neighborhood of Point Loma. The property features one-bedroom and two-bedroom floor plans, an on-site laundry facility, and well-maintained, professionally landscaped grounds. Residents enjoy a highly walkable location near restaurants, grocery stores, coffee shops, and neighborhood amenities, and are less than one mile from Liberty Station, offering approximately 360,000 square feet of premier retail, dining, office, and entertainment space. While the property has been well maintained, in-place rents remain below market. Current ownership has improved six of the 18 units. A new owner can significantly increase the current rents with a full interior and exterior renovation. Located near the waterfront, the property has historically maintained strong occupancy and benefits from Point Loma's desirable coastal lifestyle, scenic bay views, nearby marinas, and major employment centers, including the U.S. Navy. Loma Manor Apartments offers a rare opportunity to acquire a well located coastal multifamily asset with meaningful value-add potential in one of San Diego's most desirable and supply-constrained submarkets.

1518 Rosecrans Street, Point Loma (Pt Loma)

4112 Bannock Avenue, Clairemont/Bay Park
$2,429,000
260016784SD MLS ⋅ Active Status
We are pleased to present 4112 Bannock Ave, a 5-unit multifamily property in the highly desirable Clairemont neighborhood of San Diego, CA. Clairemont is renowned for its picturesque surroundings, nestled between the natural beauty of Tecolote Canyon Natural Park and the recreational allure of Mission Bay Park, providing residents with a perfect blend of outdoor adventure and urban convenience. The property features off-street parking & an attractive unit mix, comprised of three 2-bedroom/1-bath cottage style units, and two large 3-bedroom/2-bath units with private garages. Its strategic location in Bay Park offers seamless connectivity via Interstate 8, placing key destinations like Downtown San Diego (7 miles), San Diego International Airport (6 miles), and the University of San Diego (3 miles) within a short commute. Clairemont is considered “Very Walkable,” with residents enjoying easy access to gourmet dining along Morena Boulevard and recreational hotspots such as Tecolote Canyon Golf Course and Playa Pacifica Park. Mission Bay Park, just minutes away, offers surfing, sunbathing, and dog-friendly beaches, making it a haven for outdoor enthusiasts. The neighborhood’s proximity to the University of San Diego, enrolling over 8,000 students, enhances its appeal to a diverse tenant base and supports a robust rent al market, bolstered by the area’s $1.5 billion annual economic impact from the university and nearby employment hubs. This property presents a rare opportunity for investors to acquire an asset in Bay Park, a submarket experiencing strong rental demand

4112 Bannock Avenue, Clairemont/Bay Park

4864 Fond Du Lac Ct, Clairemont/Bay Park
$3,050,000
260015823SD MLS ⋅ Active Status
4862–4868 Fond Du Lac Court is a new construction 10-unit multifamily asset in North Clairemont, one of San Diego’s most centrally located and accessible residential submarkets. The property offers a balanced unit mix of (2) 2BD/1BA, (4) 1BD/1BA, and (4) studios, including (8) newly constructed units and (2) fully renovated units, delivering modern finishes and functional layouts throughout. North Clairemont's central positioning provides direct access to I-5, I-805, SR-52, and SR-163, connecting residents to Downtown San Diego, UTC, La Jolla, Mission Valley, and the region's major employment corridors including the UTC tech cluster, healthcare institutions, and coastal job centers. Retail, dining, and neighborhood amenities round out a highly livable submarket with sustained renter demand. For investors, the asset offers stabilized cash flow, market aligned rents, and long term upside in an established San Diego rental market. The property’s new construction, modern design, and desirable North Clairemont location position it to attract strong tenant demand and provide durable long term performance.

4864 Fond Du Lac Ct, Clairemont/Bay Park

5752 Riley St, Old Town
$2,200,000
260014578SD MLS ⋅ Active Status
Pleased to present the exclusive listing for 5752-58 Riley Street, an 8-unit value-add investment opportunity located in the highly desirable Morena submarket of San Diego, California. Originally constructed in 1958, the property offers classic architectural character featuring a pitched roof, low-maintenance common areas, and updated dual-pane vinyl windows installed throughout the building. The 4,574-square-foot property is situated on a 4,976 SF lot and consists of a diverse unit mix featuring (2) studios, (4) 1-bedroom / 1-bathroom units, and (2) 2-bedroom / 1-bathroom units. This specific unit mix caters perfectly to a broad urban tenant base, providing highly efficient layouts, including 1-bedroom floor plans that offer 76 more square feet of living space than nearby new construction, remaining consistently attractive to renters in the submarket. Current ownership has kept up on maintenance and completed a variety of capital improvements including LVP flooring, dual-pane vinyl windows in all units and passed SB721 inspection. Tenants amenities include on-site laundry, (5) off-street parking spaces and partial views of Mission Bay/Point Loma in select units.

5752 Riley St, Old Town

4578 Jicarillo Ave, Clairemont/Bay Park
$5,400,000
260012823SD MLS ⋅ Active Status
New reduced price! We are pleased to present 4578 Jicarillo Ave, a newly constructed, fully stabilized 13-unit multifamily asset positioned along the canyon edge in the highly sought-after Bay Ho submarket of San Diego. Completed in 2025 and delivered fully leased, the Property offers contemporary design, serene natural surroundings, and immediate income in one of San Diego's most supply-constrained coastal neighborhoods. The community features sweeping westerly canyon views, an omnipresent coastal breeze, and picturesque vistas of Mt. Soledad – a setting virtually impossible to replicate in today's entitlement environment. The property provides scale in a quiet, central coastal pocket while remaining under the 16-unit threshold that triggers on-site management. Property consists of 12 one-bed/1-bath residences at 441 SF and a renovated 3-bed/2-bath single-family home at 1,324 SF – a rare configuration combining multifamily scale with standalone residential value on a 13,600 SF lot. Units feature 10-foot ceilings, quartz waterfall countertops, stainless steel appliances, in-unit washer/dryer, split-system HVAC, and private outdoor space. Current gross income totals $36,335/month ($436,020 annualized), pro forma of $37,700/month ($452,400 annualized) at market rents. Property is offered at $5,400,000 ($415k/unit), representing a 5.57% current cap rate (5.97% pro forma), based on current NOI of $300,814. Contact listing broker for OM and financials.

4578 Jicarillo Ave, Clairemont/Bay Park

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.

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