Great property for investors. This is zoned as RM 2-5 and is also in the Compete Communities area. This means that the property does not have a height limit and the allowable buildable area is 6.5 time the lot size. The lot is flat and would be easey to build on. Collect income from the rental while planning your project. The house is rented so this is a driveby only. Please don't disturb the tenants.
Calling all developers! Recent Rains create a once in a lifetime opportunity! First time on the market in over 40 years! Seize the moment to maximize the RM-2-5 zoning potential here on this Rare 9,924 sf lot with existing 8 units and alley access to create a Mega Multi-Unit Compound! Close to Southcrest Trails park, minutes to shopping, schools and freeway access. Adjacent property: 10,128 sf lot is also available MLS#NDP2309546 Purchase together for an extraordinary opportunity to develop on over 20,000+sf! Call for more information!
Calling all developers! Recent rains create a Once in a lifetime opportunity! First time on the market in over 40 years! Maximize the Zoning potential to take this Multi-Unit compound to the next level! Rarely available 10,128 sf lot with 3 existing units plus an oversized 8 car garage. RM-2-5 Zoning with alley access. Close to Southcrest Trails park, minutes to shopping, schools and freeway access. Adjacent property: 9,924 sf lot also available MLS#NDP2309551 For the chance to create the Ultimate MEGA Compound!
This investment property is truly outstanding, featuring 3 income producing units!!! Two units are spacious 3-bedroom detached units on a single lot. The third is a travel bungalow complete with full hookups. A removable gate ensures effortless entrance and exit for the travel. Whether you're a homeowner looking for an ideal living arrangement or an astute investor seeking rental income, this property offers it all. New gates, fences, and privacy barriers provide added security and a sense of tranquility. With new roofs, solar and a recently paved driveway, this property exudes quality and attractiveness. Situated conveniently close to the Navy Base and downtown, you'll have easy access to all the action. Plenty of space for your vehicles, making this property perfect for families and guests. The generous lot size offers ample space for outdoor activities, gardening, and future expansion. Alley access adds an extra layer of accessibility and ease.This property is a true gem, blending comfort, convenience, and the potential for robust.
This is a traditional sale with a 10,271 SQ FT lot, property has two buildings, with four units. All units need to be rehabbed. This property could be perfect for a large or extended family, Rentals, or to possibly add more units for additional income, if alowed.
This is a traditional sale with a 10,271 SQ FT lot, property has two buildings, with four units. All units need to be rehabbed. This property could be perfect for a large or extended family, Rentals, or to possibly add more units for additional income, if alowed.
375 S 49th Street is located in an Opportunity Zone and is part of the Complete Communities Plan. The property is situated on a large 17,694 square foot lot and has a strong unit mix of (4) 3 Bedroom / 2 Bathroom units appx 1,000 square feet and (6) 2 Bedroom / 1 Bathroom units appx 830 square feet. The 8,984 square foot structure built in 1971 has been thoroughly renovated 10 years ago, has onsite laundry facilities, and approximately 20 gated parking spaces with a rear entrance and frontage on S Willie James Jones Avenue. There is upside in the development potential on or over the parking lot. The kitchens and baths have tile, new cabinets, vanities, and appliances. The bedrooms have mirrored closet doors. The current $1,667,000 loan at 2.94% fixed until June 2026 can be assumed.
Rare 3 unit triplex fixer under $880k! Calling all multifamily investors! Bring your contractor or tools and get ready to fix this multifamily property to a new home! Two detached buildings. Front house is a 2 bed 2 full bath open concept with its own yard space and parking! The second unit is a 2 bedroom 1 bath separate entrance, patio space, and parking. The third home is detached back house also a 2 bedroom 1 bath with its own yard, alley access, parking space and own entrance! This triplex is centrally located just minutes from downtown and highways to take you anywhere in San Diego. Perfect for a buy and hold or flip investor.
Presenting 3643-49 Logan Avenue, a multifamily investment gem comprising five units, three of which are newly constructed, situated on a 6,956 square foot lot. With a favorable 6.1% cap rate and a low down payment financing option, this property offers an accessible entry point and promising returns for investors. The newly built structure is designed for modern living, featuring separately metered utilities, solar panels, and a detached laundry facility to minimize operational costs and maximize profitability. Notably, the new construction units are exempt from AB 1482 Rent Control Restrictions for the next 15 years. Each unit is thoughtfully equipped with practical amenities such as stainless steel appliances, mini-split A/C units, and individual water heaters, all within a secure gated complex. Additionally, two original units present opportunities for further value optimization, providing a diverse mix of rental income streams.
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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