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$625,000
2 Beds 2 Baths DW26180115 MLS ACTIVE Status
Welcome to this charming single-family home in the heart of Shelltown offering space, character, and long-term potential. This two bedroom, two bathroom residence, with a large third room that works well as a den or family room, features approximately 1,062 square feet of comfortable living space on a generous 5,560 square foot lot with rare backyard alley access, all just minutes from Downtown San Diego, Petco Park, and the San Diego Bay. The expansive backyard provides exceptional outdoor space for entertaining, gardening, adding an ADU, or exploring future expansion possibilities. What truly sets this property apart is R2 zoning, single or two residential dwellings. While the current house is a single home, per the City of San Diego this zoning generally allows for the possibility of building additional residential units on the lot, which could include duplex units or other multiple dwellings, subject to city guidelines and approvals, or someone looking for multi-generational flexibility, this property blends classic San Diego character with development upside in a centrally located neighborhood close to freeways, shopping, parks, schools, and everyday conveniences, making it an opportunity you do not want to miss. Welcome to this charming single-family home in the heart of Shelltown offering space, character, and long-term potential. This two bedroom, two bathroom residence, with a large third room that works well as a den or family room, features approximately 1,062 square feet of comfortable living space on a generous 5,560 square foot lot with rare backyard alley access, all just minutes from Downtown San Diego, Petco Park, and the San Diego Bay. The expansive backyard provides exceptional outdoor space for entertaining, gardening, adding an ADU, or exploring future expansion possibilities. What truly sets this property apart is R2 zoning, single or two residential dwellings. While the current house is a single home, per the City of San Diego this zoning generally allows for the possibility of building additional residential units on the lot, which could include duplex units or other multiple dwellings, subject to city guidelines and approvals, or someone looking for multi-generational flexibility, this property blends classic San Diego character with development upside in a centrally located neighborhood close to freeways, shopping, parks, schools, and everyday conveniences, making it an opportunity you do not want to miss.

3905 Marine Vw, Logan Heights

$1,125,000
3 Beds 3 Baths 260019871 MLS ACTIVE Status San Diego BLDG.
BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.2M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.3 in place cap rate and 6.0 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. Ask listing agent about potential HUGE 6 figure tax depreciation strategy available. The property yields a well designed mix of all 1BR 1BA units. Off street parking includes a garage, and select units enjoy outdoor spaces on patios. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.

2054-58 N Highland Ave, Logan Heights

$1,450,000
6 Beds 9 Baths 260019594 MLS ACTIVE Status San Diego BLDG.
BEST PRICED NEW CONSTRUCTION ON THE MARKET! Sub $1.5M for a 3 unit new build simply does not exist! Owner occupants, first time investors, portfolio buyers - there is something for everyone. At a 5.6 in place cap rate and 6.6 market cap, this 3 unit yields the best cash flow available to buyers for new builds or even in general. Ask listing agent about potential HUGE 6 figure tax depreciation strategy available. The property yields an amazing mix of all 2BR 2.5BA townhome style units. Off street parking includes a two car garage, and select units enjoy outdoor space including an oversized deck. Step inside and revere tasteful, custom upgrades not seen in most traditional new builds quickly saturating the market. With the beautiful product and a thoughtful design throughout, investors and owner occupants will reap all benefits possible.

2048-52 N Highland Ave, Logan Heights

$765,000
2 Beds 1 Baths NDP2607359 MLS ACTIVE Status
Detached two-unit duplex in San Diego's Shelltown neighborhood, offering a straightforward value-add opportunity for the right buyer. The property includes a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit on a 5,927 SF lot, zoned CN-1-3. Current income sits well below market rent, giving a new owner meaningful upside through rent growth alone, with no rezoning or redevelopment required. The site's zoning also suggests potential capacity for a third unit, subject to City verification of parking, setbacks, and other development standards, along with flexibility for small-scale, neighborhood-serving commercial use. Located less than five miles from Downtown San Diego, with easy access to I-5, the San Diego Trolley Blue Line, and the Route 929 bus. Detached two-unit product like this is increasingly hard to find in this corridor. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested parties. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, zoning, year built, and development potential. Detached two-unit duplex in San Diego's Shelltown neighborhood, offering a straightforward value-add opportunity for the right buyer. The property includes a 2 bedroom, 1 bath unit and a 1 bedroom, 1 bath unit on a 5,927 SF lot, zoned CN-1-3. Current income sits well below market rent, giving a new owner meaningful upside through rent growth alone, with no rezoning or redevelopment required. The site's zoning also suggests potential capacity for a third unit, subject to City verification of parking, setbacks, and other development standards, along with flexibility for small-scale, neighborhood-serving commercial use. Located less than five miles from Downtown San Diego, with easy access to I-5, the San Diego Trolley Blue Line, and the Route 929 bus. Detached two-unit product like this is increasingly hard to find in this corridor. A full video and photography marketing package, including additional photos, rent roll detail, and property information, is available for interested parties. Contact Ivan Del Muro-Garcia at 619.623.2132 or idmg@lee-associates.com for offering details, or to see what else is currently available in San Diego multifamily. Buyer to independently verify all information including square footage, zoning, year built, and development potential.

1525-27 S 42nd St, Logan Heights

$675,000
4 Beds 2 Baths 260016766 MLS ACTIVE Status
Welcome to 1916 S 43rd Street, a charming 4-bedroom, 2-bathroom home offering 1,274 square feet of living space on a generous 5,946 square foot lot in San Diego's centrally located Shelltown neighborhood. Currently tenant occupied on a month-to-month lease, this property presents an excellent opportunity for investors seeking immediate rental income or future owner-occupants looking to make it their own. The home features a functional floor plan, a detached one-car garage, and a spacious backyard with plenty of room to entertain or expand utilizing the lot's underlying zoning of RM 1-1. Ideally situated just minutes from Downtown San Diego, the property offers convenient access to Interstate 5, Interstate 805, and State Route 94, making commuting throughout the county a breeze. Enjoy close proximity to shopping centers, local restaurants, parks, schools, and nearby neighborhoods such as Logan Heights, National City, and East Village. Whether you're looking for everyday conveniences or quick access to San Diego's vibrant dining, entertainment, and waterfront attractions, this location delivers.

1916 S 43rd St, Logan Heights

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