San Diego Homes

Investor special with strong upside potential! Triplex situated on a 6,592 sf lot offering multiple value-add opportunities. Property consists of two 1BR units and one 2BR unit with significant rental upside. Ideal for experienced investor, contractor, or developer looking to reposition, renovate, or explore future development potential. Large lot may offer additional possibilities (buyer to verify). Convenient location with access to major transportation routes and urban amenities. Property is located in an Opportunity Zone which may provide potential tax benefits. Sold in as-is condition. Property presents a rare opportunity to acquire a multi-unit asset with below-market rents and substantial repositioning potential. Existing improvements total approximately 1,796 sq. ft. across three units. No current leases in place (month-to-month tenancies). Buyer to assume property in current condition. Ideal for cash or hard money buyer. Property may not qualify for conventional financing.

YOU WILL NOT FIND A 2 HOUSES ON 1 LOT FOR THIS PRICE ANYWHERE! THIS IS A FIRE SALE! EACH UNIT IS FULLY REMODELED AND OFFERS 2 BEDROOMS AND 1 FULL BATH, WITH WASHER AND DRYER HOOKUPS INSIDE! EACH UNIT HAS A SEPARATE GAS AND ELECTRIC METER AND THEY SHARE THE SAME WATER METER. THE UNIT ON THE RIGHT HAS JUST BEEN RECENTLY REMODELED AS OF 2026 WITH NEW TURF AND APPLIANCES. THE UNIT ON THE LEFT HAS A NEWER ROOF WHICH WAS INSTALLED IN 2024 AND WAS FULLY REMODELED IN 2024. BOTH HAVE A HUGE FRONT YARD AND A PRIVATE GATE THAT CAN FIT UP TO 4 VEHICLES. BOTH UNITS WILL BE DELIVERED VACANT. THE UNIT ON THE LEFT HAS A TENANT AND THEIR LEASE EXPIRES IN JUNE OF 2026. IF THIS UNIT IS NOT SOLD WITHIN 3 WEEKS THE HOMEOWNER WILL RENT THEM OUT AGAIN AND YOU WOULDVE MISSED YOUR CHANCE OF A LIFETIME TO OWN 2 UNITS IN SAN DIEGO FOR UNDER 800K! IT JUST DOESNT HAPPEN ANYMORE. GO SEE IT NOW!!!

530–532 Delaware St presents a well-located 3-unit property in a desirable Imperial Beach pocket north of Palm Ave, just steps to the bay and bike path. The property consists of (2) 1BR/1BA units (~600 SF each) and (1) 2BR/1BA unit (~900 SF), on a 6,670 SF lot. All units offer functional layouts with premier residential amenities. The property is in turnkey condition, providing stable income with minimal immediate capital needs. Excellent coastal location near shops, dining, parks, and the beach, appealing to both investors and owner-occupants.

Fully occupied duplex in the heart of North Park delivering $6,180/month ($74,160/yr) in gross rental income. Unit 1: 1BR/1BA | 574 SF | $2,660/mo. Unit 2: 2BR/1BA | 945 SF | $3,520/mo. Both units were thoughtfully renovated in 2023 with updated appliances and fresh finishes throughout, move-in ready for an owner/user or a turnkey hold for the investor who wants stable income from day one. For the value-add buyer, the 2023 renovation provides a clean, well-maintained canvas with clear runway to elevate finishes to a premium tier and push rents meaningfully higher in a submarket that consistently rewards quality. North Park boasts a WalkScore of 97, 60+ restaurants and bars, 20+ craft breweries, and sits within 15 minutes of 450,000+ jobs. Tenant demand here is structural and durable. Beyond the income, this parcel is one half of a permit-approved assemblage for an 8-story, 70-unit multifamily development by Ehrlich Yanai Rhee Chaney Architects with entitlement risk already eliminated. Combined with adjacent Parcel B, the 0.26-acre site is shovel-ready. Both parcels must be acquired together to complete the development. Architectural plans and permits for the 70-unit development are available for separate purchase. Inquire with agent for details and pricing.

Fully leased duplex generating $6,705/month ($80,460/yr) in gross rental income in prime North Park. Unit 1: 2BR/1BA | 800 SF | $3,385/mo. Unit 2: 2BR/1BA | 942 SF | $3,320/mo. Both units were renovated in 2023 with updated appliances and refreshed finishes, delivering a well-maintained, move-in ready product that appeals to quality-conscious tenants and owner/users alike. For the investor with a value-add eye, the 2023 renovation sets a solid baseline with real upside remaining, as a high-end finish upgrade has a clear path to premium rents in a neighborhood where renters consistently pay for quality. North Park is San Diego's most dynamic urban rental submarket, walkable, amenity-rich, and structurally undersupplied, with a WalkScore of 97 and a renter base anchored by young professionals and creatives who drive durable occupancy. This parcel is the essential second piece of a permit-approved 8-story, 70-unit development at 3933-3941 Utah Street. Plans by Ehrlich Yanai Rhee Chaney Architects are complete and entitlements are in place. Both parcels must be acquired together to complete the project. Architectural plans and permits for the 70-unit development are available for separate purchase. Inquire with agent for details and pricing.

Positioned just blocks from the sand at Sail Bay, this rare Pacific Beach offering presents a fully entitled, shovel-ready opportunity to deliver a modern coastal compound in one of San Diego’s most dynamic beach communities. Approved Coastal Development Permits, complete architectural plans, and construction estimates are in place for two striking contemporary residences—each paired with a private ADU—creating a versatile, high-demand product profile. Each main residence is thoughtfully designed at approximately 2,195 square feet, featuring 4 bedrooms and 3.5 bathrooms, with a penthouse level and rooftop deck that invite ocean breezes and offer the potential for sweeping coastal outlooks. The detached ADUs, approximately 795 square feet with 2 bedrooms and 2 bathrooms, provide exceptional flexibility for income generation or multigenerational use. Subterranean parking for each home enhances both functionality and design integrity. Set within close proximity to the shoreline, surf at Tourmaline, and the energy of Pacific Beach’s shops and dining, this is a unique opportunity to capitalize on a fully approved coastal development in a supply-constrained location.

Multifamily investment property located in quiet North Imperial Beach neighborhood. Property consists of one 3BD/2BA house (~1,200SF) and three 2BD/1BA units (each ~750SF). Property is well-maintained, professionally managed, and located in a desirable neighborhood of Imperial Beach with long term, quiet tenants. Property features include alley access, separate entrances, separated gas/electric/water meters. Located just one block to the Silver Strand Bikeway and walking distance to Trident Coffee, Rad Power Bikes, and more. The Property is two blocks from Palm Avenue, offering quick access to I-5, Coronado Island, and South Bay commercial hubs. Offering memorandum available upon request.

WHITEWATER Commercial Real Estate is pleased to present for sale a newly constructed and renovated 4-unit apartment complex in the Linda Vista neighborhood of San Diego. The units in front were originally a single-story single-family residence that was torn down to the studs and fully renovated in 2022 along with an additional newly constructed second story unit. The units in the back of the property were newly constructed in 2022. This property rests on a 5,265 SF lot with 3,860 rentable SF. 6737 Thomson Ct is comprised of (2) two-bedroom/one-bathroom units and (2) three-bedroom/two-bathroom townhomes. Each unit was upgraded or newly constructed with in-unit laundry, mini-split AC systems, high-end contemporary kitchens, bathrooms, and living area. Tenants enjoy (4) off-street parking spaces and most of the units have outdoor decks facing the ocean. This property being a 7-minute drive to The University of San Diego (USD) and centrally located near major highways will continue to attract a diverse pool of tenants including students, positioning the investors longevity in mind.

Live, work and invest in the heart of La Mesa Village! Welcome to the Bowers House at 8318–20 Allison Avenue, a rare and iconic Craftsman twin-home consisting of 2 side-by-side units, zoned for both residential AND commercial use. Situated just one block off La Mesa Boulevard, this property offers a compelling mix of historic charm, income potential, commercial flexibility, and future redevelopment upside. Used today as two elegant side-by-side residences, this special property invites a wide range of possibilities: live in one, rent the other, create a live/work setup, or explore additional options and redevelopment under its zoning CD-D (Downtown Commercial / Urban Design Overlay). Built in the 1920s and extensively renovated in 2011 this property is rich in details and well cared for. The structure beautifully preserves its original character with hardwood floors, glass-inlay paneled doors, crystal knobs, and an inviting front porch. Unit 8318 features 3 bedrooms and 2.5 baths and is approximately 1350 sq ft; while Unit 8320 offers 3 bedrooms and 1.5 baths and is approximately 1250 sq ft. Both units enjoy private fenced yards, private laundry, and off-street parking. The oversized lot is a major asset, with four vintage garages, plentiful storage, and parking for more than 12 vehicles. But not to worry, you can leave the car at home! All the village restaurants, coffee shops, boutiques and businesses are just steps away plus you have a front row seat to beloved community events like the Friday Farmer's Market, weekly summertime Classic Car Show, Oktoberfest, and Holiday in the Village. For those who want to take advantage of the commercial aspect, this property offers a prime location and great visibility and convenience. Or, if you just want to live in a really cool house in a really cool neighborhood, plus take in rent to offset your mortgage, don't miss this one! In a district seeing continued investment and growth, this is more than a duplex, it is a standout legacy property with a story to tell and a bright future ahead. Buyer to verify all uses and development potential with the City of La Mesa.