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$1,898,000
ND26196655 MLS
FIRST TIME ON THE MARKET SINCE 1986 | DEL MONTE COTTAGES | OCEAN BEACH | WALK TO SUNSET CLIFFS | 6,290 SF LOT | Three one-bedroom cottages on quiet Del Monte Ave, South OB. Walking distance to Sunset Cliffs Natural Park and Little Lion, with Newport Avenue’s arts, nightlife, and beach scene just the other way. One of the last stretches of coastal San Diego where original cottages still sit intact on a large multifamily-zoned lot with alley access, offering incredible development potential within OB's coastal height limits. Boasting an 89 Walk Score, it’s a walker’s paradise from the OB Pier to the tide pools and Dog Beach. Bike to Target, OB People’s Food Co-op, and the Wednesday Farmers Market. OB’s flat street grid connects the boardwalk to Newport Avenue’s antique shops, murals, and eclectic eateries, plus a lively brewery scene (Sunshine Company Saloon, Kilowatt Brewing, Mike Hess Brewing, Pizza Port) within walking distance. Built in 1937 and held by one family for four decades, the single-story cottages sit front to back, each with its own entrance, private yard, in-unit laundry, and on-site parking. A two-car garage between the front and middle cottages brings total structural square footage to 2,126 SF. At $302/land SF, this property sits roughly 31% below the comparable median, offering a prime value-add opportunity to renovate or maximize cash flow by adding units under the City's favorable multi-family ADU regulations. See Affordability Toolkit | City of San Diego website.

4918 4920 Del Monte Avenue, San Diego

Listing courtesy of Listing Agent: Kathleen Fitzgerald (kathy@whollycreation.com) from Listing Office: Wholly Creation Inc.

$2,495,000
PTP2606659 MLS
Property is a 2 unit with a 3rd that is non non-forming . Perched to capture sweeping northwest ocean views over Pacific Beach and Mission Bay, this extensively reimagined home blends designer style with everyday function in one of San Diego's most coveted coastal neighborhoods. Taken down to the studs and rebuilt with all-new systems, it offers the rare combination of turnkey finishes, flexible living space, and a setting that's hard to replicate. The main living level lives like a single-story retreat — bright, open, and made for entertaining. A reimagined floor plan creates a seamless great room anchored by a chef's kitchen: a 48" Forno eight-burner dual range, Fisher & Paykel 36" panel-ready refrigerator, farmhouse sink, custom white oak cabinetry, and quartz countertops. Wide-plank luxury vinyl flooring, designer lighting and pendants, and crisp Santa Barbara-style stucco set a clean, modern-coastal tone. Step through the bifold door to a brand-new view deck with a fire pit ready gas line, and LED accent lighting — the perfect perch for sunsets, ocean breezes, and front-row seats to the SeaWorld drone and firework shows. The primary suite features an expanded walk-in closet, and every bath is finished with new vanities, tile, and fixtures. A downstairs junior ADU with its own kitchen and full bath offers excellent flexibility for guests, extended family, or a private home office. Additional Workshop not included in the Square footage. Behind the walls, the home has been comprehensively updated with a new electrical system and panel, new plumbing and sewer line, mini-split A/C, dual tankless water heaters, new windows, fencing, and hardscape. Rare four-car carport parking completes this one-of-a-kind coastal offering.

4474 Cape May Avenue, San Diego

Listing courtesy of Listing Agent: Klemens Ruoss (klemens@romeroruoss.com) from Listing Office: Berkshire Hathaway HomeService.

$975,000
NDP2608209 MLS
Completely remodeled and rent-ready duplex in the heart of Golden Hill, situated on an oversized lot with excellent development potential, including ADU’s as one of several options. This versatile opportunity allows for immediate rental income, expand the existing structures, or leverage the Complete Communities program to create a small-to-mid-sized infill development project. The City of San Diego has confirmed the property’s Non-Historic Determination as of 2022. Therefore, no historic report is required, and the determination is valid for five years, providing a clear path for redevelopment and future project planning. Just minutes from Downtown San Diego, Balboa Park, and major freeways, this property offers excellent convenience. The front, street level unit features 1 BR, 1 BA, and an eat in kitchen. The rear upstairs unit offers 2 BR, 1 BA. Under the rear unit is a basement that could be utilized as extra storage. Each unit enjoys the added benefits of new water heaters and laundry hookups. Onsite, there is a one-car garage and additional off-street parking. The attached development schemes are conceptual ideas only, they have not been submitted for approval. Please refer to the attached document. An excellent opportunity to own a flexible, high potential property in one of San Diego’s most desirable urban neighborhoods.

1936 38 Broadway, San Diego

Listing courtesy of Listing Agent: Keith Wagner (wagnerproperties@cox.net) from Listing Office: Realty Place.

$3,600,000
PTP2606618 MLS
The highest return turnkey Northpark multifamily deal on the market AND it has excessive parking AND highly desirable 1987 construction! 4341 Texas Street, San Diego offers a fully renovated, 1987 construction, 9-unit multifamily asset with an excessive 14 off-street parking spaces, immediate cash flow and remaining rental upside. 100% of units have been renovated. The property is ideally situated in the center of Northpark, one of San Diego’s strongest and fondest rental markets. The property consists of an ideal and diverse unit mix of (6) 1 Bed / 1 Bath and (3) 3 Bed / 2 Bath units. All 3-Bedroom units possess in-unit laundry and AC. Onsite laundry is provided for the 1-bedroom units. Parking is highly demanded and necessary to drive strong rents and occupancy in the Northpark Submarket. 4341 Texas will outperform competing rentals by providing over a 1:1 off-street parking ratio plus an additional 4 garage spaces yielding 14 total parking spaces for 9 units, which is just shy of 1 parking space per bedroom, an extremely rare commodity in the dense Northpark submarket. The property features full ABS plumbing, individual unit water heaters for reduced SDGE usage,Challenger brand electrical panels with Romex wiring (400 amp/220V main service), and a pitched shingle roof. Ownership will benefit from the highly desirable infrastructure systems of a 1987 construction asset while maintaining the operational simplicity of a low-density asset, 2 story walk up building. The asset currently generates $272,612,412 annual GSI and $181,414 NOI, yielding a 5.04% in-place cap rate. There is approximately 11% income upside remaining with select units, the implementation of a utility billback program, and separated billing one of the double car garages. The asset is forecasted to produce $301,380 GSI and a 5.78% market cap rate at full market operations, with no additional capital investment required to achieve that additional income

4341 Texas Street, San Diego

Listing courtesy of Listing Agent: Maxwell Brown (mbrown@caacre.com) from Listing Office: Commercial Asset Advisors.

$1,149,999
PTP2606550 MLS
Welcome to 1831-1833 Felton Street, a beautifully renovated duplex in the heart of North Park, one of San Diego's most sought-after neighborhoods. This turnkey property features two attached units, making it an exceptional opportunity for owner-occupants, multigenerational living, or investors. The front unit offers 3 bedrooms, 2 bathrooms, and approximately 899 sq. ft., while the rear unit features 2 bedrooms, 1 bathroom, and approximately 636 sq. ft. Both homes have been thoughtfully updated with new cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, and beautifully remodeled bathrooms with designer tile accents. Each unit also includes its own stackable washer and dryer, energy-efficient mini-split heating and air conditioning system, and separate private landscaped yard—perfect for relaxing, entertaining, or enjoying San Diego's year-round sunshine. A new roof adds lasting value and peace of mind. While there is no garage or off-street parking, the property's generous outdoor living spaces provide an inviting extension of each home and a rare amenity for an urban setting. Ideally located just minutes from Balboa Park, Morley Field, downtown San Diego, and major freeways, this home places you in the center of North Park's vibrant lifestyle. Enjoy an eclectic mix of award-winning restaurants, craft breweries, coffee shops, boutiques, galleries, and neighborhood events, all contributing to the area's reputation as one of San Diego's most walkable and desirable communities. Whether you're looking to live in one unit and rent the other or expand your investment portfolio with a move-in-ready property, this exceptional duplex offers modern upgrades, private outdoor space, and an unbeatable location.

1831 33 Felton Street, San Diego

Listing courtesy of Listing Agent: Deborah See (deborahmsee@gmail.com) from Listing Office: eXp Realty of California, Inc..

$1,795,000
NDP2608073 MLS
Short Sale Opportunity! 4 professionally designed and large fully furnished units down to the linens and kitchenware. STR guest-ready in the heart of Golden Hill, just minutes from downtown, Balboa Park, and the airport, in a 1940s historic Craftsman. Unit mix consists of one 2-bed/2-bath unit, two 1-bed/1-bath units, and a tiny house studio/1 bath. Property is set up and staged for short-term rental from the moment you take ownership. The infrastructure is already in place. Curated kitchens, cohesive decor, quality finishes, and a historic Craftsman character that guests simply cannot find in a hotel or a condo. Golden Hill is exactly the kind of walkable, personality-rich neighborhood that short-term rental guests seek out and return to. Recent capital improvements include a newer roof, dual-pane windows, and solar (PPA). Three units are individually metered, three include in-unit stackable washer/dryers, and off-street parking accommodates five to six vehicles, a rare operational advantage in this part of the city. 3 units are located in the main house. The tiny house studio unit is a separate structure in the back of the property and is non-conforming. Beyond short-term rental, this property supports a range of investment strategies. Mid-term rentals catering to traveling nurses and corporate professionals. Multigenerational families will find flexibility in distinct living spaces under one roof. House hackers can live in one unit and let the remaining three offset or eliminate their mortgage entirely. The layouts and the setup support whichever direction makes the most sense for your goals. Few acquisitions come this ready. The design work, the furnishings, the setup, it is already done. This property is being sold as a short sale and is subject to lender approval.

2683 85 C St, San Diego

Listing courtesy of Listing Agent: Kate Goodwin (kate@sandiegorealestatecompany.com) from Listing Office: eXp Realty of Southern CA.

$2,898,000
5 Beds 3 Baths 26876067 MLS
ACTIVE AIRBNB WITH 100+ FIVE-STAR REVIEWS AND ESTABLISHED RENTAL HISTORY! 2 HOMES ON ONE FLAT, FULLY USABLE LOT WITH POTENTIAL TO BUILD MORE AND CREATE A 5-UNIT PROPERTY! JUST 5 BLOCKS TO THE BEACH! Welcome to one of the most unique opportunities in Ocean Beach! LIVE, PLAY, RENT & BUILD! The remodeled front 4BR/2BA home is an established Airbnb with 100+ five-star reviews. Income records are available for buyer review. The front home features an open floor plan, large kitchen island, stainless steel appliances, updated bathrooms and great indoor/outdoor living. French doors open to the private yard and patio, perfect for entertaining and enjoying the San Diego weather. PLUS A SECOND HOME! Behind the main house is a remodeled, detached 1BR/1BA home. Rent it, use it for family or guests, or live in one home and rent the other. RARE FOR OCEAN BEACH: 4 OFF-STREET PARKING SPACES! There is a 2-car garage plus 2 open parking spaces. THE BIG OPPORTUNITY: THE ENTIRE LOT IS FLAT AND USABLE! No steep hills or wasted space. The oversized, level lot offers excellent flexibility to enjoy it as it sits today or explore adding more units and creating a 5-UNIT OCEAN BEACH PROPERTY. Keep the existing homes and income while exploring ways to add even more income and long-term value.And the location is hard to beat. Walk to the beach, restaurants, coffee shops, bars, local shops and nightlife. Ocean Beach is known for its laid-back, local feel and walkable beach lifestyle. The OB Pier, Sunset Cliffs, Dog Beach and everything that makes OB special are just minutes away. Historical rental income is not a guarantee of future performance. Buyer to verify rental history, STR use, permits, development potential and future uses.

4683 Cape May Ave, San Diego

Courtesy of Real Broker, Zachary Grant - CA DRE#02046001

$2,898,000
5 Beds 3 Baths 26876067 MLS
ACTIVE AIRBNB WITH 100+ FIVE-STAR REVIEWS AND ESTABLISHED RENTAL HISTORY! 2 HOMES ON ONE FLAT, FULLY USABLE LOT WITH POTENTIAL TO BUILD MORE AND CREATE A 5-UNIT PROPERTY! JUST 5 BLOCKS TO THE BEACH! Welcome to one of the most unique opportunities in Ocean Beach! LIVE, PLAY, RENT & BUILD! The remodeled front 4BR/2BA home is an established Airbnb with 100+ five-star reviews. Income records are available for buyer review. The front home features an open floor plan, large kitchen island, stainless steel appliances, updated bathrooms and great indoor/outdoor living. French doors open to the private yard and patio, perfect for entertaining and enjoying the San Diego weather. PLUS A SECOND HOME! Behind the main house is a remodeled, detached 1BR/1BA home. Rent it, use it for family or guests, or live in one home and rent the other. RARE FOR OCEAN BEACH: 4 OFF-STREET PARKING SPACES! There is a 2-car garage plus 2 open parking spaces. THE BIG OPPORTUNITY: THE ENTIRE LOT IS FLAT AND USABLE! No steep hills or wasted space. The oversized, level lot offers excellent flexibility to enjoy it as it sits today or explore adding more units and creating a 5-UNIT OCEAN BEACH PROPERTY. Keep the existing homes and income while exploring ways to add even more income and long-term value.And the location is hard to beat. Walk to the beach, restaurants, coffee shops, bars, local shops and nightlife. Ocean Beach is known for its laid-back, local feel and walkable beach lifestyle. The OB Pier, Sunset Cliffs, Dog Beach and everything that makes OB special are just minutes away. Historical rental income is not a guarantee of future performance. Buyer to verify rental history, STR use, permits, development potential and future uses.

4683 Cape May Avenue, San Diego

Listing courtesy of Listing Agent: Zachary Grant (Zachary@GrantRealtyAdvisors.com) from Listing Office: Real Broker.

$780,000
PTP2604921 MLS
Rare dual-unit income property in the heart of City Heights — priced to move in a market with virtually no two-unit inventory. Two detached units currently generating $3,850 per month and that's the opportunity. At $1,925 per unit, both units are running significantly below of $2,695, leaving nearly $1,700 per month in unrealized income sitting on the table. For the right investor, that gap is the deal. Or Live in one and rent out the Other Unit! On 2 separate SDGE gas and electric meters and 1 water meter. Features a large backyard with 2 sheds. With two long-term tenants in place, the cash flow is stable from day one. The path to market rents runs through lease turnover, strategic renovation, or both and the property supports it. A detached oversized one-car garage offers genuine ADU conversion potential, adding a possible third income stream on top of the upside already built into the existing units. City Heights puts your tenants at the center of everything just minutes from SDSU, downtown San Diego, City College, and some of the county's largest healthcare and government employers. Easy access to the 8, 15, and 805 makes the entire county commutable from a surprisingly quiet, residential pocket of the city. Two-unit properties in this submarket rarely surface. When they do at this price point and with this much room to run — serious investors move fast.

4811 Castle Avenue, San Diego

Listing courtesy of Listing Agent: Angela Kim (angiemodern@icloud.com) from Listing Office: AK Real Estate.

$1,275,000
NDP2606005 MLS
Tucked into one of San Diego's most beloved neighborhoods, this charming side-by-side duplex sits elevated above the street, surrounded by mature trees that provide natural shade, privacy, and that unmistakable South Park character. Both units are two bedrooms and one bath, and both have been thoughtfully updated with modern kitchens, refreshed bathrooms, luxury vinyl flooring, and newer windows. Forced air heating and cooling keeps things comfortable year-round, and the larger unit enjoys a private backyard, perfect for outdoor living. Unit 3366 also featires a bonus room, offering additional flex space not reflected in the listed square footage. The income-producing unit carries a short-term rental license and has been generating over $50,000 annually in gross Airbnb revenue, with a strong track record already in place. Whether you continue the short-term rental strategy, shift to long-term tenants, or owner-occupy and let the income work for you, the upside here is tangible. South Park is the kind of neighborhood people fall in love with and never want to leave. Independent cafes, local boutiques, and standout restaurants are all within walking distance, and the community itself is warm, walkable, and full of character. Within 15 minutes you can be at the San Diego Airport, Downtown, Coronado Beach, Balboa Park, or the Naval Medical Center.

3364 A Street, San Diego

Listing courtesy of Listing Agent: Megan Luce (megan.luce@pacificsir.com) from Listing Office: Pacific Sotheby's Int'l Realty.

$1,700,000
NDP2605804 MLS
We're pleased to present 4154-4158 Estrella Avenue, a renovated 6-unit multifamily investment opportunity located in the highly accessible Colina Del Sol / City Heights submarket of San Diego. Situated on an approximately 6,291 square foot lot, the property consists of six apartment units totaling approximately 3,011 square feet and features a desirable unit mix of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. Built in 1950, the property offers investors a well-maintained asset with stable in-place income, operational efficiencies, and continued rental upside. The property has benefited from significant capital improvements, including interior and exterior renovations, new windows, upgraded common areas, and a professionally maintained communal courtyard that enhances tenant appeal and livability. Additional amenities include on-site laundry facilities and six parking spaces consisting of two single surface spaces and two tandem parking areas. The property is also separately metered for gas and electric, helping reduce operating expenses and improve management efficiency. Located in the heart of central San Diego, the property provides residents with convenient access to neighborhood shopping, dining, schools, public transportation, and major employment centers. The asset benefits from exceptional connectivity via Interstate 15, Interstate 805, and State Route 94, allowing quick access to Downtown San Diego, Mission Valley, North Park, SDSU, and numerous employment hubs throughout the region. City Heights and Colina Del Sol continue to experience strong rental demand driven by their central location, diverse community, and ongoing neighborhood reinvestment. With an attractive unit mix, recent renovations, utility efficiencies, and proximity to major transportation corridors, 4154-4158 Estrella Avenue presents an outstanding opportunity for investors seeking both immediate cash flow and long-term appreciation potential in one of San Diego's most established urban rental markets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

4154 58 ESTRELLA Avenue, San Diego

Listing courtesy of Listing Agent: Eric von Bluecher (evb@lee-associates.com) from Listing Office: Lee & Associates.

$1,250,000
NDP2605803 MLS
We're pleased to present Forty Second Street Apartments, a 5-unit multifamily investment opportunity located at 3753-3759 42nd Street in San Diego, California. Situated on an approximately 7,427 square foot lot, the property consists of three separate residential buildings totaling approximately 3,000 square feet and features a diverse unit mix of (1) four-bedroom/two-bath unit, (1) two-bedroom/one-bath unit, (1) one-bedroom/one-bath unit, and (2) studio units. Originally constructed in 1937, the property offers investors a unique blend of stable cash flow, strong rental demand, and significant value-add potential in the highly sought-after City Heights / Colina Del Sol submarket. The property benefits from separate gas and electric metering, helping reduce operating expenses and improve management efficiency. Additional amenities include two gated parking spaces, a secure gated entry, a communal courtyard, and supplemental income generated through parking revenue. The property's diverse unit mix appeals to a broad tenant base, ranging from individual renters to larger households seeking affordable housing options within central San Diego. Ideally located in the heart of City Heights, the property provides convenient access to major employment centers, shopping, dining, schools, and public transportation. Residents benefit from close proximity to Interstate 15, Interstate 805, Downtown San Diego, Mission Valley, North Park, Kensington, and Balboa Park, making the location highly desirable for commuters and long-term tenants alike. The surrounding neighborhood continues to experience reinvestment and revitalization, supporting strong rental demand and long-term appreciation prospects. With three separate buildings, a favorable unit mix, utility efficiencies, gated parking, and demonstrated rental upside, Forty Second Street Apartments presents an attractive opportunity for investors seeking a centrally located San Diego asset with both immediate income and future growth potential. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, rental projections, and all other material aspects of the property.

3753 59 N 42nd Street, San Diego

Listing courtesy of Listing Agent: Eric von Bluecher (evb@lee-associates.com) from Listing Office: Lee & Associates.

$2,195,000
NDP2605650 MLS
Prime Little Italy location with incredible rental income potential. This rarely available and highly sought after Johnathan Segal detached Row Home offers 2-units, plus a garage and a separate loft unit above the garage. Located in the heart of Little Italy with the vibrant culture, restaurants, bars, shops and more just round the corner, yet this gem still provides privacy and a common space/greenbelt to enjoy. No HOA or Mello Roos. The possibilities are endless, live in one, rent out the others; use as short-term rentals; or use the entire property for yourself. No short-term rental restrictions, just apply for the permit. The main space (unit A) offers the most square footage with huge windows that flood with natural light, 1 bedroom + an office space, 1.5 baths, projector screen TV, multiple balconies and an amazing rooftop deck with city and bay views. The bottom unit (Unit B) features 1 bedroom/1 bath and a spacious private patio, perfect for entertaining. (A & B can easily return to original layout). There is also a detached garage with a separate loft above, both offering tons of additional potential…rentals, office, room for guests, etc. Currently generates approx. $9655 in monthly income. *Seller is open to Seller Financing* See confidential remarks for more information. Buyer and buyer’s agent to verify all in MLS prior to COE.

1535 Kettner Boulevard, San Diego

Listing courtesy of Listing Agent: Nadia Colucci (team@coluccico.com) from Listing Office: North Compass Realty.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

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