San Diego Homes

Light Industrial zone. No residential home on this lot. No commercial use. Good for small business. The lot is at the end of cul-de-sac. Nice level lot next to the freeway 52.

Turnkey, fully renovated 4-unit property featuring (2) 2BR/1BA units and (2) studio units on a 7,162 SF lot in South San Diego near Imperial Beach. All four units have been extensively updated with modern finishes including custom cabinetry, quartz countertops, stainless steel appliances, luxury vinyl plank flooring, designer lighting and in-unit washers/dryers. Studios feature energy-efficient mini-split A/C systems. Each unit enjoys its own large private yard, offering valuable outdoor space and added privacy for tenants. Property improvements include low-maintenance landscaping, an upgraded 200 AMP electrical panel and full fire sprinkler system. Strong rental location with convenient access to Imperial Beach, freeways, shopping, employment centers and military installations. Excellent opportunity for an owner-occupant utilizing FHA or VA financing, or an investor seeking a renovated, low-maintenance multifamily property. One of the most affordable turnkey 4-unit opportunities in San Diego.

WD Land is pleased to present the opportunity to acquire Urban Heights, a 15-unit multifamily property at 3853–3865 Cherokee Avenue in the Cherokee Point neighborhood of central San Diego. The property sits where North Park, Normal Heights and City Heights meet, close to the restaurants, coffee shops and transit of the University Avenue corridor, with Balboa Park, Downtown and Mission Valley a short drive away. The offering spans two adjoining parcels totaling ±13,806 SF. The first, 3853–3859 Cherokee, holds a 13-unit apartment community: a two-story stucco building with exterior walkways and a single-story front building beneath the property’s reclaimed-wood Urban Heights sign. The second, 3861–3865 Cherokee, is a cottage style craftsman duplex on its own lot behind a redwood privacy fence. Originally built in 1953, the property completed a full interior and exterior remodel in 2020, with new windows, a new roof, new electrical and plumbing upgrades. Units were refinished with plank flooring, shaker cabinetry, granite countertops, stainless appliances and fully tiled baths. At the offering price of $3,425,000 ($228,333 per unit and $506 per SF), Urban Heights trades at a 6.01% cap rate on in-place income and 6.64% at market rents, with a 9.91 GRM falling to 9.27 at market. That is roughly 26% below the $306,755 per-unit average of eight nearby sales since early 2025, at a cap rate 72 basis points above their 5.29% average. In-place one-bedroom rents average $1,761 against $2,044 among nearby one-bedroom comparables, leaving room to grow income as units turn. With a Walk Score of 91 and steady renter demand, Urban Heights suits 1031 exchange buyers, private investors and long-term holders seeking a remodeled, multi building asset in one of San Diego’s most walkable urban submarkets.

WD Land is pleased to present the opportunity to acquire The Kelly, a 27-unit multifamily community at 6701 Kelly Street in Linda Vista, one of central San Diego’s most accessible neighborhoods. Originally constructed in 1941, the property underwent a comprehensive gut renovation in 2022 that delivered new interiors, new windows, a new roof, plumbing upgrades and new electrical, positioning the asset as turnkey product for its next owner. The offering is composed of 12 townhome units, 12 apartment units, a duplex and an ADU on a ±45,738 SF (±1.05-acre) parcel with 56 on-site surface parking spaces, a 2.07-per-unit ratio. The mix spans three one-bedroom, eight two-bedroom/one-bath, twelve two-bedroom/two-bath and four three-bedroom homes, giving the property depth across household sizes. Renovated interiors feature quartz countertops, white shaker cabinetry, stainless steel appliances, wide-plank flooring, ceiling fans and refreshed tiled baths. At the offering price of $8,975,000 ($332,407 per unit and $357.57 per SF), the property delivers a 6.08% cap rate on in-place income and 6.43% at market rents, at a 10.35 gross rent multiplier. Modeled with 30% down at a 6.00% interest rate, in-place income covers debt service at 1.21x and produces a 3.5% cash-on-cash return, rising to 1.28x and 4.7% at market. With the major capital work behind it, ownership can focus on operations rather than construction. RUBS utility reimbursement, laundry and pet rent income are in place, and the market scenario identifies further savings in trash service and property management. Linda Vista’s central position between Mission Valley, Kearny Mesa and the University of San Diego, with direct access to I-805, SR-163 and I-8, supports durable renter demand. The Kelly offers 1031 exchange buyers, private capital and long-term holders a renovated, income-producing asset at scale in the urban core

WD Land is pleased to present the opportunity to acquire The Roxy, a fully renovated 16-unit apartment community at 4205 Noyes Street in Pacific Beach. Set at the corner of Noyes Street and Oliver Avenue, the property sits just north of the Kendall-Frost Mission Bay Marsh Reserve, a short walk from the Mission Bay shoreline and a quick ride to the Pacific Beach boardwalk, Garnet Avenue and the coast. Originally built in 1959, the two-story building was taken down to the studs in a 2021 gut renovation. Major building systems were replaced, including a new roof, new electrical and plumbing upgrades, and every unit was rebuilt with new windows, gray shaker kitchens with white countertops, blue subway-tile backsplashes and stainless appliances, new plank flooring, ceiling fans and fully remodeled baths with new vanities, tubs and patterned tile. The result is 16 turnkey junior one-bedroom homes averaging ±450 SF, with 15 off-street parking spaces and a cozy coastal look carried outside through seafoam doors, iron railings and lantern lighting. At the offering price of $5,400,000 ($337,500 per unit), The Roxy offers the lowest price per door of any multifamily property currently on the market in Pacific Beach. It trades at a 4.64% cap rate on in-place income and 5.54% at market rents, with a 13.21 GRM falling to 11.77 at market. That price per unit sits about 23% below the $436,935 average of nine recent Pacific Beach sale comparables. Current rents average $2,046 per unit against a $2,300 market rent and a $2,379 average among nearby one-bedroom comparables, leaving room to grow income as units turn, with RUBS and pet rent already in place. With capital work complete, The Roxy suits 1031 exchange buyers, private investors and long-term holders seeking a low-maintenance coastal asset in one of San Diego’s most supply-constrained beach markets.

Rare multifamily investment opportunity in Escondido with endless possibilities! This 3-unit income property (approx. 2,802 sq ft) sits on a generous 0.34-acre lot ( approx. 14,832 sq ft ) zoned M-1 Light Industrial. The zoning allows a wide range of uses, including warehouse, light manufacturing, assembly or meeting space, and other commercial and industrial options. Buyers can hold it as a rental, reposition it, or explore commercial conversion or redevelopment. The large lot gives room for expansion or improvements. Minutes from downtown Escondido, shops, and services, with convenient access to major North County routes. Strong rental demand and a flexible zoning designation make this ideal for investors, owner-users, and developers. Buyer to verify zoning, permitted uses, and conversion feasibility with the City of Escondido.

Discover an exceptional investment opportunity in the heart of Escondido! Situated on an approximately 11,859 sq. ft. corner lot, this property features two attached units totaling approximately 1,948 sq. ft. One unit offers 2 bedrooms and 1 bathroom; the other offers 3 bedrooms and 1 bathroom. Both units are occupied by established tenants on month-to-month leases, generating approximately $6,000 in combined monthly rent. According to the property management company, the tenants have generated relatively few maintenance requests over the past eight years. The generous lot and secondary access from the backyard add appeal for investors interested in exploring future development. Buyers may investigate the possibility of adding two ADUs or up to three additional units, subject to zoning, feasibility, permits, and city approval; no additional units are guaranteed. Conveniently located near Downtown Escondido, shopping, dining, parks, schools, and major transportation routes. Whether you're expanding your rental portfolio or seeking a property with long-term upside, this versatile offering combines existing rental income, desirable lot size, and exciting possibilities for the future. Buyer to verify all information, including rents, tenancy, unit details, and development potential. Welcome to 561 E Mission Avenue, a unique opportunity to acquire a two-unit property situated on a generous parcel in an established Escondido neighborhood. Offering approximately 1,948 square feet of combined living space on an approximately 11,859-square-foot corner lot, this property presents a compelling opportunity for investors, owner-occupants, and buyers seeking long-term real estate ownership in North San Diego County. One of the property's most appealing features is its substantial lot size. The spacious parcel provides outdoor areas and possibilities for buyers interested in exploring future improvements or alternative uses, subject to applicable zoning regulations, permit requirements, and city approval. The corner location further contributes to the property's distinctive setting. The existing two-unit configuration offers flexibility for different ownership strategies. Investors may appreciate the opportunity to operate both residences as rental properties, while buyers interested in owner occupancy may explore the possibility of living in one unit and renting the other, depending on existing tenancy arrangements and applicable requirements. The ability to evaluate multiple approaches to ownership makes this property particularly appealing. Location is another advantage. Situated near Downtown Escondido, the property provides convenient access to shopping, dining, schools, parks, local services, and major transportation routes connecting Escondido with surrounding North San Diego County communities. For buyers considering long-term ownership, the combination of an established residential property, a generous land parcel, and two existing units creates opportunities worth exploring. Whether your goal is to acquire a rental investment, establish a home with supplemental income potential, or evaluate the property's suitability for future improvements, this offering deserves consideration. Buyers are encouraged to independently verify all property information, including square footage, lot dimensions, existing improvements, legal unit configuration, zoning, permits, leases, rental income, utility arrangements, and any potential future uses with the appropriate authorities. Take advantage of this opportunity to own a versatile multifamily property in Escondido.

The doors of opportunity rarely open to lease in La Playa this grand tudor castle. Live in one of San Diego's most private prominent area minutes to Downtown and Airport. Tudor castle with San Diego Bay outside your front door and beach just steps away. Fully furnished and utilities paid up to $750 a month inquire about terms. The grand spiral staircase leads you upstairs to the 3 suites and wonderful entertainment balcony. Ready immediately just bring your suitcases and call his custom desirable home yours with great entertainment balcony, spacious private garden and large open downstairs entertainment floorplan including TV projector. Top of the line fully furnished and neutral colors throughout. Steps from yacht clubs, walking trails and biking routes to enjoy all that San Diego has to offer

Spacious 1 bedroom plus den/office condo in the heart of the Gaslamp Quarter, Downtown San Diego. Features include fresh paint, new appliances, a fully renovated bathroom with a tiled walk-in shower and glass enclosure, granite countertops, tiled glass backsplash, breakfast bar, bamboo flooring, and pendant lighting. The private patio off the living area overlooks a quiet courtyard. Conveniently located within walking distance of Petco Park, restaurants, nightlife, and all that Downtown San Diego has to offer.