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Value add opportunity! Offered for sale is a mixed-use investment or redevelopment opportunity in the City of La Mesa comprised of a 10-unit apartment complex and a 5-unit commercial retail center. Just Southwest of the 8 and 125 intersection, this property features easy access to Grossmont Center, Sharp Grossmont Hospital and San Diego State University. Additional Benefit include the large selection of restaurants and shops in Historic Downtown La Mesa. 5111 Wilson St. is a fully occupied 10 unit apartment complex located directly behind the commercial retail center. This well maintained complex is comprised of (4) 2 bed / 1 bath units and (6) 1 bed / 1 bath units, covered parking and detached laundry room. Courtyard style property shows high pride of ownership and consistent updating and maintenance under current ownership. Rents are month-to-month and below market to allow new owner the ability to realize upside through renovation and rental increases or redevelop lot to maximize density. 8870 - 78 La Mesa Blvd. is a fully occupied 5 tenant retail center plus storage yard. With monument signage and high traffic count. This property has great visibility 10 parking spaces and ample on street parking.
3.03% INTEREST ONLY FINANCING THROUGH 2029! CASH FLOW!!! Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845 Chamoune Avenuea newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns. Boasting twenty-one meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams. Experience the pinnacle of comfort and convenience with ample off-street parking and on-site laundry facilities, elevating the resident experience and fostering long-term tenant satisfaction. Benefit from recent capital investments, including new roofs, fresh exterior paint, upgraded fencing, security systems, energy-efficient windows, and essential infrastructure enhancements such as rerouted water lines and interior unit upgradesensuring minimal maintenance costs and maximum tenant satisfaction. This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 6.5% (day 1!). With stable rental income and minimal expenses, investors can enjoy robust returns without delay. Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through 2029, further enhancing the property's affordability and profitability.
Please to present a fully rehabbed and newly constructed multi unit in the heart of San Diego's high demand rental market of City Heights. This asset provides a new owner with a newly renovated property with more rental income upside. Five out of Eight units are month to month. Front 2 story building has been fully rehabbed inside and out. The back building contains 2 units that were recently built with city permits. 100% occupied. All new interiors including: flooring, bathrooms, cabinets, appliances, heaters, roof, counters, paint and water heaters. All new desert scape landscaping and artificial grass was designed to keep water bill low for owner. RUBs implemented! Property is situated 2 miles of NCAA Division 1 San Diego State University and less than half a mile from the College Area Business District. Tenants also have direct access to the Colina Del Sol Park which includes the Colina Park Municipal Golf Course. 5 out of 8 tenants are month to month
Rare property for sale located at 2946 Commercial Street. The property consists of a 900 square foot 3br/1ba home on a 6909 square foot lot. The lot is zoned CN 1-3 which offers a plethora of development opportunities. The house consists of 3br/1ba and leases for $1945/mo and is on a MTM lease. The back half of the lot is leased out separately as storage and leases for $600/mo and is on a MTM lease. Bring all offers!
Rare property for sale located at 2946 Commercial Street. The property consists of a 900 square foot 3br/1ba home on a 6909 square foot lot. The lot is zoned CN 1-3 which offers a plethora of development opportunities. The house consists of 3br/1ba and leases for $1945/mo and is on a MTM lease. The back half of the lot is leased out separately as storage and leases for $600/mo and is on a MTM lease. Bring all offers!
16 unit property in Colina Del Sol in San Diego. This one building property contains an excellent unit mix of 10 1bd/1bt units, 4 2bd/1.5bt units and 2 Studios. Majority of the units have recently been remodeled with new laminate flooring, paint, stainless steel appliances, tiled showers, AC (in select units), new cabinets, quartz countertops, and the newest 1br remodel has in-unit washer/dryer. This property is a turn key property that has been well maintained and can offer upside in rents with minimal remodeling required.
AWESOME OPPORTUNITY- FRONT UNIT IS A MONEY GRAM STORE- SECOND UNIT IS A TWO BEDROOM 1 BATH- THIRD UNIT IS A BRAND NEW DETACHED ADU WITH 2 BEDROOMS AND 2 BATHS- REAR ALLEY ACCESS WITH PARKING- ALL UNITS ARE RENTED MONTH TO MONTH- GREAT OPPORTUNITY FOR INVESTORS!
Discover the Ultimate Investment: Prime Medical Building on Interstate 8 in La Mesa. Presenting an extraordinary opportunity to own a highly visible, freeway-oriented medical building on Interstate 8 at the 70th Street on-ramp, in the City of La Mesa. Perfect for owner-user or an investor. This immaculate 2 story, 10,000 square foot property stands out as a beacon of excellence, capturing the attention of approximately 170,000 passing vehicles daily. A rare gem in the market, this well-maintained medical building offers more than just a spaceit provides a unique chance for "FREE ADVERTISING" with your business prominently exposed to the vast flow of freeway traffic. 2,500sf of the bottom floor is currently leased to a surgical center, providing synergy to building and offering in place income for an investor or owner/user. The seller currently occupies the entire 2nd floor. Seller could either vacate for owner/user, create new lease and remain for an investor and/or downsize to the smaller 2,500sf space on the 1st floor depending on the buyers needs. The building has an elevator. Convenient amenities surround the area. Enjoy the luxury of walking to quality restaurants, and businesses providing a perfect blend of work and lifestyle. Your staff and clients will appreciate the ease of access to dining options in the immediate vicinity. Minutes from San Diego State University and additional medical buildings and hospitals. Eliminate parking concerns with ample free parking available on-site, with a total of 45 spaces. This feature enhances the overall accessibility and convenience for both medical practitioners and visitors. Great Freeway Signage. Maximize your business visibility with prominent freeway signage, ensuring that your brand stands out and remains top-of-mind for passing commuters.
Positioned just off the bustling Freeway 5, this prominent corner lot at the intersection of 27th St and Newton Ave boasts unparalleled visibility and accessibility. Offering a substantial parcel of 6,856 sq ft, the property hosts two distinct structures: a charming residential home coupled with a versatile warehouse. This unique combination of spaces opens a multitude of possibilities, from a live-work setup to a diversified rental income stream. The lot stands as a jewel within the Barrio Logan Redevelopment Area, falling under the Barrio Logan Planned District: Subdistrict A, designed to foster growth and community development. This designation not only enhances the investment appeal but also offers potential for a variety of uses under the planned district regulations.
Positioned just off the bustling Freeway 5, this prominent corner lot at the intersection of 27th St and Newton Ave boasts unparalleled visibility and accessibility. Offering a substantial parcel of 6,856 sq ft, the property hosts two distinct structures: a charming residential home coupled with a versatile warehouse. This unique combination of spaces opens a multitude of possibilities, from a live-work setup to a diversified rental income stream. The lot stands as a jewel within the Barrio Logan Redevelopment Area, falling under the Barrio Logan Planned District: Subdistrict A, designed to foster growth and community development. This designation not only enhances the investment appeal but also offers potential for a variety of uses under the planned district regulations.
All tenants are MTM and paying well below market rents. Property is situated on a 4,657 sqft corner lot with dynamic zoning (CN 1-3). Tenants consist of a grand fathered in auto repair shop and a single family home.
All tenants are MTM and paying well below market rents. Property is situated on a 4,657 sqft corner lot with dynamic zoning (CN 1-3). Tenants consist of a grand fathered in auto repair shop and a single family home.
Venture Pacific Commercial Services proudly introduces an exceptional investment opportunity: a Multi-Tenant Retail/Automotive Value add opportunity featuring three units encompassing approximately 9,383 square feet, strategically positioned across three parcels spanning .23 acres in the vibrant landscape east of Downtown San Diego. Boasting an impressive 164 feet of frontage, this property enjoys prime exposure at a Hard Corner/Signalized intersection, ensuring maximum visibility and foot traffic. This strategically located property offers unparalleled convenience, seamlessly accessible via three major interstate highways: 5, 15, and 94, thereby facilitating effortless connectivity and attracting a diverse customer base. Additionally, its classification within an opportunity zone presents a compelling proposition for astute investors. Opportunities abound for value enhancement, whether through an investor's astute re-stabilization of currently below-market rents, a visionary developer's transformation into a mixed-use marvel, or an owner-user seeking a strategic space in a bustling locale. The property's versatile nature caters to a spectrum of possibilities, making it an ideal canvas for those with a keen eye for investment or redevelopment ventures. With its prime location, expansive square footage, and significant potential for reimagination, this offering stands as a cornerstone investment opportunity in the thriving commercial real estate landscape of San Diego.
An exceptional investment opportunity: a Multi-Tenant Retail/Automotive building featuring three units encompassing approximately 9,383 square feet, strategically positioned across three parcels spanning .23 acres. In the vibrant landscape east of Downtown San Diego. Boasting an impressive 164 feet of frontage, this property enjoys prime exposure at a Hard Corner/Signalized intersection, ensuring maximum visibility and foot traffic. This strategically located property offers unparalleled convenience, seamlessly accessible via three major interstate highways: 5, 15, and 94, thereby facilitating effortless connectivity and attracting a diverse customer base. Additionally, its classification within an opportunity zone presents a compelling proposition for astute investors. Opportunities abound for value enhancement, whether through an investor's astute re-stabilization of currently below-market rents, a visionary developer's transformation into a mixed-use marvel, or an owner-user seeking a strategic space in a bustling locale. The property's versatile nature caters to a spectrum of possibilities, making it an ideal canvas for those with a keen eye for investment or redevelopment ventures. With its prime location, expansive square footage, and significant potential for reimagination, this offering stands as a cornerstone investment opportunity in the thriving commercial real estate landscape of San Diego.
An exceptional investment opportunity: a Multi-Tenant Retail/Automotive building featuring three units encompassing approximately 9,383 square feet, strategically positioned across three parcels spanning .23 acres. In the vibrant landscape east of Downtown San Diego. Boasting an impressive 164 feet of frontage, this property enjoys prime exposure at a Hard Corner/Signalized intersection, ensuring maximum visibility and foot traffic. This strategically located property offers unparalleled convenience, seamlessly accessible via three major interstate highways: 5, 15, and 94, thereby facilitating effortless connectivity and attracting a diverse customer base. Additionally, its classification within an opportunity zone presents a compelling proposition for astute investors. Opportunities abound for value enhancement, whether through an investor's astute re-stabilization of currently below-market rents, a visionary developer's transformation into a mixed-use marvel, or an owner-user seeking a strategic space in a bustling locale. The property's versatile nature caters to a spectrum of possibilities, making it an ideal canvas for those with a keen eye for investment or redevelopment ventures. With its prime location, expansive square footage, and significant potential for reimagination, this offering stands as a cornerstone investment opportunity in the thriving commercial real estate landscape of San Diego.
Variance granted Commercial Res Income. VA 100% Financing OK! Welcome to this stunning five-unit property (3 Units+ 2 ADUs) in the charming and very walkable South Park neighborhood of San Diego. This property consists of 5 Units Total: 1833 Fern is a 4 bed 3 bath Single Family home, 1835 Fern Units A & B is a top/bottom duplex identical 1 bd 1 ba's, and 2 new construction ADUs both identical 1bd 1ba's. This is an excellent opportunity for an owner-occupant or a savvy investor. Once stabilized, this property could bring in upwards of $14,000+ in gross rents or push that further by having a mix of short-term and long-term rentals. With South Park's amazing location and with the combination of short-term and long-term rentals, this property could reach gross rents of upwards of $20,000+per month. With a location that is second to none, you can walk to everything South Park offers, including amazing restaurants, fun events, a food truck park, Target Express, more shopping, bars, parks, hiking trails, the zoo, and even the airport. Strategic financing options available for owner-occupied and non-owner-occupied purchasers - VA and DSCR financing are available! 1833 Fern St: SFR with 4 Bedrooms + 3 Bathrooms, 1640 SF, 2 side-by-side uncovered parking spaces, Central AC/Heat - 1835 Fern St. Unit A: 1st floor, 1 bedroom + 1 bathroom, 750 SF + 1 off-street uncovered parking - 1835 Fern St. Unit B: 2nd floor, 1 bedroom + 1 bathroom, 750 SF, + 2 tandem style off-street uncovered parking spaces - The new construction ADUs, side by side 2 story "row home style" 1 bedroom + 1 bathroom, AC/Heat, 565 SF, no parking spaces, 1 unit enters alley side, 1 unit enters on the Fern St. Side.
Commercial Use property Zoned M1. 2 Small buildings with work rooms. Public records show vacant land but offices are being used with Auto repair. Close to downtown and trolly is very close. Perfect for towing yard. Apartments being built next door.
This Wonderful Property Is Centrally Located Off University Avenue Between the 805 and 15 Freeways. It features a 2000+ square foot building that currently operates as a restaurant and food catering services. The space is ample with an industrial kitchen, two large walk-ins, storage space, guest seating space, and a food sales area. There are two bathroom spaces, one at the front of the building used for guests at the moment and one in the back used by the staff. The back of the building also has a small studio that can be an office, etc. The parking area is spacious with room for several vehicles and is gated with access from both the street and the alley in the back. The large gate access in the back is ideal for deliveries. There is tons of potential for this property. It is located in an area that has been seeing large amounts of redevelopment in the past few years.
3 Contiguous Parcels in City Heights, totally 14,698 square feet. 4242, 4246, and 4252 40th Street sold as a portfolio for $2,250,000. Properties are zoned CUPD-CU-2-4 which is mixed use and allows for one dwelling per 600ft. In addition, properties lie within two different transit overlays and are in an opportunity zone. Properties are currently leased and income is attached.
3 Contiguous Parcels in City Heights, totally 14,698 square feet. 4242, 4246, and 4252 40th Street sold as a portfolio for $2,250,000. Properties are zoned CUPD-CU-2-4 which is mixed use and allows for one dwelling per 600ft. In addition, properties lie within two different transit overlays and are in an opportunity zone. Properties are currently leased and income is attached.
Investment Opportunity Awaits. 10-Unit Multifamily Gem in Prime Location 4020 Cherokee Ave presents an unparalleled value-add investment opportunity for those looking to capitalize on the booming real estate market. This multifamily property, featuring a generous 6,585 sqft of living space on a sprawling 7,742 sqft lot, offers the perfect blend of potential and location. Comprising six 1-bedroom, 1-bathroom units and four 2-bedroom, 2-bathroom units, this property caters to a wide range of tenants. With 8 of the 10 units currently occupied, investors will enjoy immediate income generation. The two vacant units present an excellent opportunity for cosmetic enhancements to maximize rental income. Each unit comes with a dedicated parking spot, totaling 10 parking spaces. This highly desirable amenity enhances tenant satisfaction and retention. While structurally sound, this property is a blank canvas awaiting your vision. Cosmetic updates can significantly increase its value and rental appeal, offering an attractive ROI to the savvy investor. Located in the vibrant 92104 ZIP code, tenants have easy access to local amenities, public transportation, and major employment hubs. This multifamily property is a rare find for investors seeking to expand their portfolio with a project that promises both immediate returns and long-term capital appreciation. Whether you're looking to apply cosmetic updates to reposition the asset or hold it as a steady income source, 4020 Cherokee Ave offers a solid foundation for success.
Welcome to a haven of modern luxury in the heart of Sherman Heights, where Living Q redefines urban living. This meticulously crafted residence offers a harmonious blend of contemporary design, upscale amenities, and a prime location, promising a lifestyle that exceeds expectations. Architectural Brilliance: Immerse yourself in the beauty of architectural excellence. Living Q boasts a striking facade, complemented by clean lines and modern aesthetics that create a distinctive presence in Sherman Heights. Thoughtful Interiors: Step into a world of refined interiors featuring high-end finishes, premium materials, and a meticulous attention to detail. Each space is designed to provide both functionality and a sophisticated ambiance. Gourmet Kitchen: Elevate your culinary experience in the state-of-the-art kitchen equipped with top-of-the-line appliances, sleek cabinetry, and stylish countertops. Whether youre a seasoned chef or a casual cook, these kitchens inspire culinary creativity. Modern Amenities: Living Q goes beyond expectations with a range of modern amenities, including fitness centers, communal spaces, and fire pit. These features contribute to a lifestyle of convenience, luxury, and well-being. Prime Location: Living Q Sherman Heights is strategically located, offering easy access to the citys best dining, entertainment, and cultural attractions. Explore nearby parks, trendy cafes, and enjoy the convenience of urban living.
Rare Opportunity, Prime Investment Area, Vintage Income Property Just Steps From 'The Village' In Kensington, One of the Best Rental Districts in All of the Metro Area, 1 Home (2 Bed 1 Bath, $3,080 Rent) , 1 Cottage (1 Bed 1 Bath, $2,495 a Month) AND a Duplex (Each 1 Bed 1 Bath, $1,645 Rent and $1,645 Rent), Four Units Total, 2 Parking Spaces off the Alley, Common Area Laundry Room for Added Income. The Five-Block Downtown Kensington District is Full of Small Trendy Shops and More Than a Dozen Restaurants, a Public Library & Children's Park, Other Businesses Include Chase Bank, Starbucks, Several Salons, a Gym, a Deli, an Organic Grocer, an Ice Cream Parlor and a Yoga Studio.
Quality Wash Coin Laundry: Your One-Stop Shop for Clean Laundry. Quality Wash Coin Laundry is a clean, affordable, and convenient laundromat located at 1290 Hollister Street in San Diego, California. We offer a wide variety of services, including dry cleaning, alterations, fluff and fold services, and do-it-yourself washing and drying. Our facilities are clean and well-maintained, and the staff is friendly and knowledgeable. We are committed to providing our customers with the best possible laundry experience.
1061-71 20th Street, a 1923 built 6-unit apartment community in the high demand submarket of Golden Hill. Located on "The Slope", the 20th Street Apartments lies on one of the most coveted pockets of the 92102 zip code. Residents enjoy close proximity to Downtown San Diego, shops and restaurants of Golden Hill, and convenient freeway access to everything San Diego has to offer. The 20th Street Apartments consists of three 1 bed/1 bath units and three studio units situated on a 5,008 square foot parcel of land. Residents enjoy a lush tropical landscaped common area with tasteful unit interiors. The property also has two oversized single garages and on-site laundry with owned equipment. Since being purchased in 2005, current ownership has taken good care of the subject property but an opportunity exists for a new owner to modernize the property and substantially increase rents. The two single garages also present the potential opportunity to take advantage of the City of San Diego's generous ADU program and create an additional 2 units.
Brian Aarestad
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Brian Aarestad Dean Stalter, Broker DRE# 00625377 - 2355 Northside Drive Ste. 180, San Diego, CA 92108 | Phone: (858) 525-3262 | Email: baarestad@bhhscal.com
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