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$4,200,000
14 Beds 7 Baths 260012515 MLS ACTIVE Status College Area BLDG.
Two adjacent parcels totaling 13,200 SF with 4 units total, zoned RM-3-9 within the College Area Community Plan Update — a designated Transit Priority Area (TPA) and Sustainable Development Area (SDA). Base zoning supports 23+ units by right at 1 unit per 600 SF, with additional density available through state and local bonus programs. TPA eliminates parking minimums and unlocks density bonus eligibility; SDA supports higher-intensity infill. Currently operating as student rentals — each property (SFR + attached ADU) is master-leased as a single unit. 5602 Dorothy Dr (7BR/3BA, 2,111 SF) leases at $11,600/month through 25/26, stepping up to $11,800/month for 26/27. 5610 Dorothy Dr (7BR/4BA, 2,500 SF) leases at $11,600/month through 25/26, stepping up to $11,850/month for 26/27 — totaling $23,200/month currently, escalating to $23,650/month with no lease-up risk.

5602 & 5610 Dorothy Dr, Talmadge/San Diego Central

$4,150,000
10 Beds 15 Baths 260003263 MLS ACTIVE Status
Presenting 4162 Arizona Street located in San Diego, California. Built in 1987 and completely renovated in 2025 including adding 5 units, this 11 unit complex is centrally located in the highly desirable neighborhood of North Park and boasts a walk score of 93. The building totals 5,326 square feet and rests on a 5,590 square foot lot. The unit mix consists of (4) two bedroom / two bathrooms, (2) one bedroom/ one baths, and (5) studios. All existing units, newly constructed units, the common spaces, and the exterior have been finished with custom design additions and finishes to appease the target rental market. Additionally there is a well designed common laundry room and parking for 9 cars. Centrally located in North Park close to El Cajon Blvd, University Ave, and Texas St, the property is walking distance to all North Park has to offer and enjoys easy drivability as well. 4162 Arizona Street present investors with the opportunity to acquire a turnkey trophy property well positioned for future cash flow and appreciation in the popular urban neighborhood of North Park.

4162 Arizona St, North Park

$4,100,000
23 Beds 13 Baths 260014844 MLS ACTIVE Status
Pleased to present 4744 Hawley Boulevard, a 13-unit multifamily investment opportunity located in the highly desirable Normal Heights submarket of San Diego. Built in 1969, the property features a well-balanced unit mix consisting of ten (10) two-bedroom/one-bath units and three (3) one-bedroom/one-bath units, appealing to a broad tenant base seeking larger floor plans in one of San Diego’s most walkable urban neighborhoods. There are Twenty total parking spaces: Four front tandem (2-car spaces), three double-car garages, one single-car garage, one off-street rear space, and one 4-car rear tandem space. The asset has benefited from substantial capital improvements designed to reduce deferred maintenance and enhance long-term ownership stability. Recent upgrades include electrical system improvements, plumbing enhancements, new exterior paint, extensive fascia and wood repairs, roof replacement, and completed SB721 inspections. These improvements significantly reduce near-term capital expenditure requirements while supporting continued operational performance.

4744 Hawley Blvd, Normal Heights

$4,099,000
16 Beds 12 Baths 260013949 MLS ACTIVE Status
The Madison is a fully renovated/new construction 12-unit multifamily asset in the heart of Talmadge, one of central San Diego's most established character neighborhoods. The property features eight fully renovated 2BR/1BA units in the front building and four 2023 new construction two-story studio loft units at the rear, all delivered with quartz countertops, designer finishes, stainless appliances, in-unit washer/dryers, dual-pane vinyl windows, and individually controlled mini-split HVAC. Operationally efficient with water and sewer billed back to residents (RUBS) and fully upgraded electrical throughout. Major building systems and interior finishes are current, eliminating deferred maintenance and renovation execution risk. The combination of renovated and new construction product diversifies the tenant base across studio and 2BR floor plans while unlocking a layered depreciation strategy across two distinct cost bases. Walkable to Kensington Village, the Adams Avenue corridor, and the El Cajon Boulevard transit spine, with quick access to Mission Valley, Downtown, SDSU, and major job centers via I-8, I-15, and SR-94. Talmadge has historically delivered sticky tenancy, below-average turnover, and consistent rent growth, with comparable in-place rents to Kensington and North Park at a discount per door.

5074 Madison Ave, Talmadge/San Diego Central

$4,000,000
260006816 MLS ACTIVE Status
Landmark South Park Mixed-Use Corner - Featuring Shepard Fairey Mural. Building also includes 2974, 2980, 2982, and 2986 Ivy Street. Rare mixed-use investment opportunity on a prime corner in the heart of South Park. This architecturally distinctive property, designed by acclaimed local architect Jim Brown, includes 3 residential loft style units, 2 commercial suites, and a Verizon lease. The residential residences feature urban character with high ceilings, exposed brick, concrete, wood floors and beams, along with large windows that bring in abundant natural light. The 2 commercial suites provide strong street presence along 30th Street, surrounded by South Park’s popular restaurants, cafés, and local businesses. Located in one of San Diego’s most walkable and desirable neighborhoods, the property is just steps from more than 20 shops, restaurants, and cafés, and minutes from Balboa Park and Downtown. Located in the heart of South Park, one of San Diego’s most walkable and sought-after neighborhoods, this prime corner property offers immediate access to the vibrant 30th Street corridor, known for its popular restaurants, cafés, and boutique retail. The building is distinguished by a striking Shepard Fairey mural, adding cultural significance and a unique visual identity that enhances its presence and appeal. Just minutes from Balboa Park and Downtown San Diego, the property benefits from strong demand and a flexible mixed-use configuration, offering both stable income and long-term upside.

2202 30th St, North Park

$3,800,000
260017314 MLS ACTIVE Status Golden Hill BLDG.
Exceptional urban infill development opportunity at 32nd Street and Broadway in San Diego’s Golden Hill neighborhood. The property consists of approximately 37,026 square feet of fee-owned vacant land, together with approximately 8,330 square feet of vacated Broadway paper street, creating an estimated total development footprint of ±45,356 square feet. The site is zoned RM-1-1, located within a Qualified Opportunity Zone, and positioned near Downtown San Diego, major freeways, public transportation, neighborhood amenities, and several new multifamily developments. The property is expected to benefit from the completion of adjacent street, sidewalk, and cul-de-sac improvements, which may establish the pedestrian connectivity necessary for Sustainable Development Area eligibility. Upon qualification, the site is anticipated to fall within the Tier 2 Complete Communities overlay, potentially allowing up to an 8.0 FAR, reduced parking requirements, and substantially greater residential development intensity. This offering provides an opportunity to acquire a sizable vacant development site before its anticipated future density potential is fully recognized by the broader market. Buyer to independently verify all zoning, development potential, program eligibility, site area, and entitlement requirements.

32nd St Unit 02, Golden Hill

$3,695,000
260009706 MLS ACTIVE Status
Discover a compelling value-add investment opportunity -- 11-unit residential Investment. Property perfectly positioned in the heart of Middletown, one of Metro San Diego's most sought-after and consistently resilient neighborhoods. This is your chance to acquire a property in a sub-market that continues to attract strong renter demand and long-term appreciation potential. RM-2-5 zoned corner lot offers significant upside potential for investors looking to increase current rents and through unit upgrades or explore future development possibilities. The property is well-maintained and functionally sound, providing stable in-place income while an investor executes their value-add strategy. Key features include a desirable unit mix with many units enjoying pleasant views, mature landscaping, abundant off-street tenant parking, triple-pane windows, a pitch composition roof, a carport with attached storage, and common laundry facilities — all set on an elevated lot that enhances privacy and street presence. Large Lot! UNIT MIX -- One Large (3) Bedroom/2 bath, 3 (2) bedroom/1 bath and 6 (1) Bedrooms/One Bath and One Studio-See Brochure

2901-2921 Columbia, Mission Hills

$3,595,000
7 Beds 9 Baths 260016488 MLS ACTIVE Status
We are pleased to present 1505 Fern Street, 1505½ Fern Street, 3034 Beech Street, 3036 Beech Street, and 3038 Beech Street—a rare opportunity to acquire a fully furnished, income-producing residential compound in the heart of San Diego’s highly desirable South Park neighborhood. Combining a restored historic residence, newly constructed ADUs completed in 2024, a transferable Mills Act designation, and a proven furnished rental platform, Fern Street offers a differentiated investment opportunity beyond traditional multifamily ownership. The property consists of five thoughtfully designed residences, including one threebedroom / 2.5-bath unit, one two-bedroom / 2.5-bath unit, two one-bedroom / one-bath units, and one studio / one-bath unit. Three permitted ADUs were completed in 2024, including two newly constructed rear units and a newly created studio residence. All units are delivered fully furnished and currently support a successful blend of vacation rentals and furnished mid-term stays. Rather than relying on a conventional apartment leasing model, Fern Street benefits from a flexible furnished rental strategy supported by strong historical operating performance. The property generated trailing twelve-month revenue of $296,225 and NOI of $193,651, while 2025 operations produced revenue of $285,558 and NOI of $191,431. This established operating history demonstrates the property’s ability to generate durable cash flow while preserving future ownership flexibility. Constructed 1912, the front residence has been extensively restored while preserving its historical charm.

1505 Fern St, Golden Hill

$3,545,000
15 Beds 9 Baths 260016439 MLS ACTIVE Status
4080 Georgia Street presents the rare opportunity to acquire a well-maintained 9-unit apartment community in the heart of Hillcrest, one of San Diego’s most dynamic and consistently desirable rental markets. Constructed in 1987, the property features an attractive unit mix of six one-bedroom/one-bathroom apartments and three spacious three-bedroom/one-bathroom apartments, offering broad appeal to a diverse tenant base. The property has been exceptionally cared for and includes numerous amenities that enhance tenant satisfaction, including gated entry, on-site laundry facilities, ample off-street parking with one dedicated space per unit, and two oversized two-car garages that provide additional parking, storage, or potential supplemental income. Importantly, the Seller has implemented a strong RUBS (Ratio Utility Billing) System, allowing for reimbursement of most utilities and contract services, improving operational efficiency and supporting more predictable net operating income. Built in 1987, the property benefits from relatively newer construction compared to much of the surrounding inventory, resulting in modern building systems and mechanical components with significant remaining service life. Combined with its excellent physical condition, this translates into lower anticipated maintenance and capital expenditures for future ownership. From an investment perspective, the property offers an outstanding opportunity to increase revenue through moderate rental adjustments while maintaining strong occupancy in one of San Diego’s most supply-constrained neighborhoods.

4080 Georgia St, Mission Hills

$3,500,000
5 Beds 4 Baths 260018207 MLS ACTIVE Status
A Rare Mission Hills Treasure – First Time on the Market in Nearly 40 Years Steeped in history, timeless elegance, and undeniable charm, this extraordinary 1928 Spanish Revival home is being offered for sale for the first time in nearly four decades. Nestled in the heart of Mission Hills—one of San Diego’s most coveted historic neighborhoods—this remarkable residence presents a once-in-a-generation opportunity to own a true architectural gem. From the moment you arrive, you’ll be captivated by the home’s classic Spanish character. Rich architectural details, graceful archways, handcrafted accents, and original craftsmanship reflect an era when homes were built with artistry, quality, and enduring beauty in mind. Every room tells a story, blending historic charm with warmth and sophistication. Lovingly cared for by the same family for almost 40 years, this residence has been a place where memories were made and traditions were cherished. Its thoughtful layout offers inviting living spaces filled with natural light, creating an atmosphere that is both elegant and welcoming. Whether you’re entertaining guests or enjoying a quiet evening at home, this timeless property provides the perfect setting. Situated in the prestigious Mission Hills community, you’ll enjoy tree-lined streets, stunning architecture, and close proximity to San Diego’s finest dining, shopping, parks, and cultural attractions. The neighborhood’s rich history and unmatched charm make it one of the city’s most desirable places.

2454 Presidio Dr, Mission Hills

$3,500,000
9 Beds 6 Baths 260017337 MLS ACTIVE Status
We are pleased to present 4168 32nd Street, an upgraded multifamily investment opportunity ideally located in San Diego's highly sought-after North Park neighborhood. The property benefits from a premier urban location with convenient access to major employment centers, vibrant retail and dining destinations, and regional transportation corridors, supporting strong and consistent rental demand. The property features an efficient unit mix consisting of three (3) one-bedroom/one-bathroom units, four (4) two-bedroom/one-bathroom units, and three (3) two-bedroom/two-bathroom residences with spacious floor plans averaging approximately 745 square feet. The residences have been thoughtfully updated with modern kitchens and bathrooms featuring quartz countertops, white shaker cabinetry, laminate flooring, and stainless steel appliances, including dishwashers, ranges, microwaves, and refrigerators. Residents enjoy immediate access to North Park's renowned restaurants, boutiques, coffee shops, and entertainment while remaining just minutes from Downtown San Diego, Balboa Park, and the region's major freeway network. Combining a highly desirable location, renovated interiors, and strong in-place cash flow, 4168 32nd Street presents a compelling opportunity to acquire a well-positioned multifamily asset in one of San Diego's most sought-after urban rental markets.

4168 32nd St, North Park

$3,500,000
4 Beds 4 Baths 260014743 MLS ACTIVE Status San Diego BLDG.
4022 42nd Street is an upgraded turnkey 11-unit apartment community located in a central San Diego neighborhood, offering immediate cash flow, long-term upside, and a stabilized, low-maintenance investment opportunity. The property features a diverse unit mix of five 2BR/1BA units, four 1BR/1BA units, and two brand-new ADUs with modern finishes and efficient layouts. The secure gated complex has been thoughtfully renovated and professionally maintained, with amenities including off-street parking, on-site laundry, and a private setting for residents. With strong rental demand, quality improvements, and an attractive unit mix, 4022 42nd Street presents a compelling opportunity for multifamily investors seeking a turnkey income-producing asset in San Diego.

4022 42nd, East San Diego

$3,500,000
14 Beds 9 Baths 260014678 MLS ACTIVE Status
4022 42nd Street is an upgraded turnkey 11-unit apartment community located in a central San Diego neighborhood, offering immediate cash flow, long-term upside, and a stabilized, low-maintenance investment opportunity. The property features a diverse unit mix of five 2BR/1BA units, four 1BR/1BA units, and two brand-new ADUs with modern finishes and efficient layouts. The secure gated complex has been thoughtfully renovated and professionally maintained, with amenities including off-street parking, on-site laundry, and a private setting for residents. With strong rental demand, quality improvements, and an attractive unit mix, 4022 42nd Street presents a compelling opportunity for multifamily investors seeking a turnkey income-producing asset in San Diego.

4022 42nd, East San Diego

$3,500,000
5 Beds 6 Baths 260014030 MLS ACTIVE Status
Exquisite 1912 Historic Craftsman estate in the heart of Bankers Hill, just minutes from Balboa Park, the San Diego Zoo, Downtown, and Little Italy. Designated under the Mills Act, this remarkable property offers substantial property tax savings while preserving a piece of San Diego history. With 3,801 sq. ft. of living space, this home has been meticulously restored and maintained, showcasing timeless elegance and extraordinary craftsmanship, including original redwood framing, hardwood floors, pocket doors, coffered ceilings, custom built-ins, and intricate woodwork. The main home features 6 bedrooms with city and bay views from the attic suite, 5 bathrooms, and a finished basement complete with a wine cellar. Adding exceptional flexibility, the pool house has been thoughtfully designed complete with a bathroom, and sauna—ideal as a private guest retreat, multigenerational living space, or additional rental potential. Whether you’re seeking a distinctive primary residence, or a unique investment opportunity, this extraordinary estate offers a rare blend of historic charm, flexibility, and an unbeatable location. With both the historic residence and pool house contributing to its earning potential, this is more than a home—it is a legacy property waiting for its next chapter.

3315 2nd Ave, Mission Hills

$3,495,000
4 Beds 4 Baths 260018266 MLS ACTIVE Status
Exceptional 1929 Spanish Revival estate w/private casita, panoramic views & timeless character. Located on one of Morley Field’s most coveted streets, directly across from Balboa Park Golf Course, this extraordinary residence captures the essence of San Diego’s Golden Era of architecture. Occupying what many consider the premier block of 28th Street between Nutmeg & Palm, the property has sweeping views of the downtown skyline, Coronado Bridge, San Diego Bay & the verdant fairways of Balboa Park Golf Course. Believed by some to have been designed by renowned master architect Richard Requa, the home preserves the craftsmanship & romance of its era while embracing modern luxury. Rich architectural details include hand-carved original interior doors, original hardware & authentic period features seldom found in such remarkable condition. A spectacular designer kitchen, remodeled w/premium finishes & fixtures, opens through dramatic Cantina doors to an enchanting Spanish courtyard blending indoor/outdoor living. Designed for entertaining, it features an outdoor kitchen, built-in heaters, mature landscaping & a magnificent Dragon Palm evoking the romance of a timeless Spanish villa. Across the courtyard, a spacious 3-car garage w/EV charger & direct courtyard access is complemented by a detached casita w/spacious guest suite, full bath & private entrance. Ideal for guests, extended family, office or art studio. Thoughtfully updated smart-home technology provides effortless control of lighting, security & home systems while honoring the property’s historic character. May have Mills Act potential (substantial annual property tax savings!).

2721 28th, North Park

$3,475,000
240027123 MLS ACTIVE Status
This property offers a substantial investment opportunity in a growing city. Priced at $3,990,000, it includes two retail stores, two one-bedroom apartments, and a detached single-family home. Built in 1950, the building covers 4,704 square feet and sits on a 0.53-acre commercial-zoned lot. In addition to diverse residential and commercial units, the property features a four-car garage and ample parking. Its mixed-use potential makes it attractive for investors seeking rental income and long-term growth as the area develops. Centrally located development in Lemon Grove Easy freeway access to both Highway 94 and 125 20 minutes from the Port of San Diego Retail/commercial opportunity for businesses Kelvin Building with 66 luxury apartments located across the street This property offers a substantial investment opportunity in a growing city. Priced at $3,990,000, it includes two retail stores, two one-bedroom apartments, and a detached single-family home. Built in 1950, the building covers 4,704 square feet and sits on a 0.53-acre commercial-zoned lot. In addition to diverse residential and commercial units, the property features a four-car garage and ample parking. Its mixed-use potential makes it attractive for investors seeking rental income and long-term growth as the area develops. Centrally located development in Lemon Grove Easy freeway access to both Highway 94 and 125 20 minutes from the Port of San Diego Retail/commercial opportunity for businesses Kelvin Building with 66 luxury apartments located across the street

7968-70 Broadway, Lemon Grove

$3,400,000
260011544 MLS ACTIVE Status
CBRE is please to present 1674 Newton Avenue, a rare land redevelopment opportunity in the energetic and rapidly gentrifying neighborhood of Barrio Logan in San Diego –which is currently undergoing substantial revitalization and investment momentum. 1674 Newton Avenue has been recently rezoned to RM-3-7 zoning, which on its own allows for by right high-density multifamily development. However, the property is also located within Complete Communities Coastal Zone, which provides for additional density up to a 2.5 FAR in addition to providing a unique regulatory framework for future redevelopment. Developers of the site may explore opportunities for additional density through programs such as California’s Density Bonus Law as well as applicable City of San Diego housing incentives. The subject property’s location within the Barrio Logan submarket is directly adjacent to one of San Diego’s most vibrant restaurants scenes and cultural hubs, in addition to being within walking distance of various public transportation options and having direct freeway access only 3 blocks away. As a redevelopment site, 1674 Newton Avenue offers a compelling balance of zoning flexibility, coastal adjacency and urban connectivity. Its combination of high-density residential entitlements, Coastal Zone positioning and irreplaceable central San Diego location makes this opportunity especially well aligned with current demand for new housing within supply-constrained coastal submarkets.

1674 Newton Ave Unit 19,20,21,22,23,24, Logan Heights

$3,250,000
14 Beds 9 Baths 260016918 MLS ACTIVE Status
We are pleased to present the exclusive listing for 1913–27 Georgia Court, a 9-unit multifamily investment opportunity located on the highly desirable border of the North Park and Hillcrest neighborhoods in San Diego, California.? Originally constructed between 1930 and 1950, the character-rich property features a durable concrete foundation, classic stucco exterior, wood-framed roofing, and a distinctive courtyard-style layout.? Offered for the first time in over 20 years, this unique property combines low-density, cottage-style living with strong near-term rental upside and long-term redevelopment potential.? The 5,100-square-foot property consists of five 2-bedroom / 1-bathroom cottages and four spacious 1-bedroom / 1-bathroom units.? The attractive unit mix, select units with private yards and large designated storage space for each cottage unit.? Abundant off-street parking includes (9) dedicated spaces (one per unit), and each unit is separately metered for SDG&E.? Recent exterior capital improvements include a new concrete driveway, dual-pane windows in four units, and all-new exterior siding on Cottage Unit 1919.? Through a modern renovation, an investor could capture significant upside and bring rents to current market levels.?

1913-27 Georgia Ct, North Park

$3,250,000
8 Beds 8 Baths 260015131 MLS ACTIVE Status
We are pleased to present exclusively for sale 4471 Louisiana Street, a newly constructed and extensively renovated 7-unit apartment community located in the highly desirable University Heights neighborhood of San Diego. Situated on a quiet residential street, the property presents a rare opportunity for both an owner-occupant and passive investor to acquire a turnkey, condo-quality asset in one of San Diego’s most walkable and supply-constrained urban submarkets. The property features a well-balanced unit mix comprised of one (1) twobedroom / two-bath detached house (approximately 800 square feet), four (4) one-bedroom / one-bath units (approximately 575 square feet each), and two (2) newly constructed one-bedroom ADU units (approximately 425 square feet each). The entire property has undergone extensive improvements and was either newly constructed or renovated to the studs in 2026, resulting in a cohesive, design-forward community with modern finishes and minimal deferred maintenance. All units are currently leased and tenants reimburse utilities, helping minimize operating expenses and support strong in-place cash flow. The property also includes six off-street parking spaces, with four spaces accessed from the alley and two additional front parking spaces, a valuable amenity in this highly walkable neighborhood. Located in the heart of University Heights, residents benefit from immediate access to a vibrant mix of restaurants, coffee shops, bars, boutique retail, and neighborhood amenities along Park Boulevard and Adams Avenue. The property is also just minutes from No

4471 Louisiana St, Normal Heights

$3,250,000
8 Beds 4 Baths 260007304 MLS ACTIVE Status N/A BLDG.
Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.

801-807 Torrance St, Mission Hills

$3,250,000
9 Beds 6 Baths 250035810 MLS ACTIVE Status
We are pleased to offer 918-32 27th Street, an advantageous three-lot assembly in San Diego’s vibrant Golden Hill neighborhood, offering a blend of immediate income and substantial redevelopment potential. Comprised of 3 parcels on a 17,560 SQ FT lot, this property distinctively features six revenue-generating duplex units. There are currently three (3) one-bedroom/one-bathroom units (500 SF each) and three (3) two-bedroom/one-bathroom units (600 SF each). The units, a mix of long-term leases and furnished short-term rentals, provide consistent cash flow for investors. Located in a Qualified Opportunity Zone (QOZ) with RM 2-5 zoning, an SDA overlay, and Tier 3 Complete Communities designation, the site supports a 6.5 FAR, enabling up to 113,951 square feet of buildable space, potentially yielding a 125+ unit development. With historical clearances already secured, the lot’s elevated position offers sweeping views of the San Diego skyline and Coronado Bridge, enhancing its allure for future residents. Golden Hill’s lively urban fabric, with a Walk Score of 86, places tenants within steps of eclectic experiential dining spots like Turf Supper Club and Counterpoint, boutique shops, and cultural hubs like the San Diego Museum of Art and the Golden Hill Fountain Grotto, Balboa Park’s oldest design feature. Quick access to Downtown, North Park, Hillcrest, and major freeways (I-5, I-94) ensures seamless connectivity and convenience from this central location.

918-32 27th, Golden Hill

$3,250,000
250035805 MLS ACTIVE Status
We are pleased to offer 918-32 27th Street, an advantageous three-lot assembly in San Diego’s vibrant Golden Hill neighborhood, offering a blend of immediate income and substantial redevelopment potential. Comprised of 3 parcels on a 17,560 SQ FT lot, this property distinctively features six revenue-generating duplex units. There are currently three (3) one-bedroom/one-bathroom units (500 SF each) and three (3) two-bedroom/one-bathroom units (600 SF each). The units, a mix of long-term leases and furnished short-term rentals, provide consistent cash flow for investors. Located in a Qualified Opportunity Zone (QOZ) with RM 2-5 zoning, an SDA overlay, and Tier 3 Complete Communities designation, the site supports a 6.5 FAR, enabling up to 113,951 square feet of buildable space, potentially yielding a 125+ unit development. With historical clearances already secured, the lot’s elevated position offers sweeping views of the San Diego skyline and Coronado Bridge, enhancing its allure for future residents. Golden Hill’s lively urban fabric, with a Walk Score of 86, places tenants within steps of eclectic experiential dining spots like Turf Supper Club and Counterpoint, boutique shops, and cultural hubs like the San Diego Museum of Art and the Golden Hill Fountain Grotto, Balboa Park’s oldest design feature. Quick access to Downtown, North Park, Hillcrest, and major freeways (I-5, I-94) ensures seamless connectivity and convenience from this central location.

918-32 27th St Unit 918-32, Golden Hill

$3,200,000
8 Beds 11 Baths 260015306 MLS ACTIVE Status
Prime investment opportunity! High-quality, turn-key 4-plex perfectly situated on the desirable Hillcrest side of University Heights. You walk to the best Hillcrest has to offer, steps to the Pride/Normal Street Promenade! This exceptional property is a true investment jewel, featuring a luxury triplex constructed new in 2020 alongside a completely and beautifully rehabilitated classic Craftsman bungalow.The entire property is lushly and professionally landscaped, offering fantastic curb appeal. The 3 modern triplex units are bright, sunny, and spacious, each boasting a thoughtful 2-bedroom, 2.5-bathroom floor plan. These units feature high-end designer kitchens and baths, central forced air conditioning, and full-sized in-unit laundry for maximum tenant comfort. For ultimate convenience and security, an automatic gate accessible via the alley opens to a large, secure parking area providing access to 3 two-car garages. Each triplex unit enjoys a private interior entrance directly from its garage. In total, the property features 7 off-street parking spaces—an incredibly valuable asset in this high-demand, growing neighborhood. The charming detached front Craftsman house is a character-rich 2-bedroom, 2-bathroom home that includes one dedicated parking space. Financial information is 2025 actual income and expenses. Additional income includes a consistent utility water and trash pass-through program. Unit 1 will be readily available for showings for the next two weeks only. Don't miss out on this pristine, low-maintenance asset in one of San Diego’s best rental markets!

4250-52 Cleveland St, Mission Hills

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