Encanto CA Multi-Family Real Estate, Homes for Sale

17 Beds ⋅ 15 Baths ⋅ 260017358 MLS ⋅ ACTIVE Status

Rare opportunity to acquire a five-unit apartment investment with immediate cash flow, value-add potential, and flexible long-term strategies. Situated on a prominent corner parcel with Commercial CC-4-5 zoning within a Transit Priority Area, the property offers multiple paths to increase value in one of San Diego's strongest rental markets. Convert the lower level back to retail, office space, salon, personal services and retain the tenants upstairs. Perfect for small business owners as a live/work space. Or maximize income through rental stabilization while creating plans for a mixed-use redevelopment project. The property currently features two tenant occupied 2-bedroom/1-bath apartments on the second floor, two tenant occupied 1-bedroom/1-bath apartments on the main level, and one vacant studio on the first floor, providing immediate lease-up potential. Current income is supported by long-term tenancy, while below-market rents offer significant opportunity for future growth. (see suppl) Additional income potential includes an owner-owned coin-operated laundry room and four storage rooms that may be leased separately to increase cash flow. Six off-street parking spaces and a shared rear courtyard with pergola. Prior to residential use on the main level, there was a construction office and hair salon, so the new owner could potentially convert back to retail space. The upper-level units feature private exterior entrances, while the lower level offers convenient ground-floor access. Commercial CC-4-5 zoning and the property's location within a Transit Priority Area provide added flexibility for investors seeking long-term appreciation and future redevelopment potential. Buyers are encouraged to verify all zoning, permitted uses, and development opportunities with the City of San Diego. Conveniently located with quick access to Downtown San Diego, major freeways, public transportation, shopping, dining, and employment centers, this is a compelling opportunity for investors seeking stable in-place income with meaningful upside through lease optimization, additional ancillary income, and long-term strategic positioning.

6945 Imperial Ave, Encanto

$920,000

5 Beds ⋅ 4 Baths ⋅ 260015392 MLS ⋅ PENDING Status ⋅ Na BLDG.

Opportunity knocks! 2 homes on an over 7,000 foot lot with room for more to come and/or be built. 3 bedrooms and 2 full bathrooms in the back house and 2 bedrooms and 2 bathrooms in the front home. New electrical, new flooring, new plumbing, new windows, new bathrooms and kitchens, and new roof. on-site laundry. Air b n b opportunity, room to build another 2 ADUs with drafted plans available. Blocks from SD trolley. Convenient and central San Diego location within blocks of grocery, dining, retail and salons. Live in one, rent out or air b n b the other, "house hack." So many options to consider and profit from.

515-517 63rd St, Encanto

$1,875,000

16 Beds ⋅ 8 Baths ⋅ 260015251 MLS ⋅ ACTIVE Status

559-565 61st Street is a rare opportunity to acquire a 7 unit multifamily asset situated across four separate structures on a large 15,606 square foot lot. The property features a desirable unit mix of (6) 2 bedroom/1 bathroom units and (1) 4 bedroom/2 bathroom unit, providing broad tenant appeal and strong occupancy potential. Current rents remain below market, creating a clear opportunity to increase cash flow through interior renovations, strategic lease up, and professional management. An existing RUBS program provides supplemental income while helping offset utility expenses. Encanto remains an attractive investment submarket driven by its relative affordability, strong neighborhood character, and convenient access to transportation. The property is located within walking distance of the Encanto/62nd Street Trolley Station, offering direct connectivity to Downtown San Diego. The property is located within a Federal Opportunity Zone, offering significant tax advantages for qualifying capital gains investments.

559-565 61st St, Encanto

$749,999

4 Beds ⋅ 2 Baths ⋅ PTP2604795 MLS ⋅ ACTIVE Status

***SELLER MOTIVATED*** PRICED TO SELL! APPROVED 2 ADDITIONAL ADU PLANS! Seller offering credits that may be used toward an interest RATE BUY DOWN, potentially resulting in rates AS LOW AS 4.99% for qualified buyers, or toward closing costs. May qualify for first-time homebuyer assistance programs and grants for eligible buyers. Contact agent for details. Fully remodeled, turnkey duplex featuring two 2-bedroom, 1-bath units with updated kitchens, remodeled bathrooms, new flooring, fresh paint, and modern fixtures throughout. Property includes approved plans for two additional ADUs (approximately 1,200 sq. ft. and 800 sq. ft.), creating an incredible opportunity for added rental income and long-term value. Ideal for investors seeking strong income potential or owner-occupants looking to live in one unit while offsetting their mortgage with rental income. The approved ADU plans provide a rare opportunity to expand your portfolio and maximize future cash flow without the uncertainty of obtaining approvals. Conveniently located near shopping, dining, schools, public transportation, and major freeways. Move-in ready with significant upside potential, making this a unique opportunity for both immediate income and long-term growth. ***SELLER MOTIVATED*** PRICED TO SELL! APPROVED 2 ADDITIONAL ADU PLANS! Seller offering credits that may be used toward an interest RATE BUY DOWN, potentially resulting in rates AS LOW AS 4.99% for qualified buyers, or toward closing costs. May qualify for first-time homebuyer assistance programs and grants for eligible buyers. Contact agent for details. Fully remodeled, turnkey duplex featuring two 2-bedroom, 1-bath units with updated kitchens, remodeled bathrooms, new flooring, fresh paint, and modern fixtures throughout. Property includes approved plans for two additional ADUs (approximately 1,200 sq. ft. and 800 sq. ft.), creating an incredible opportunity for added rental income and long-term value. Ideal for investors seeking strong income potential or owner-occupants looking to live in one unit while offsetting their mortgage with rental income. The approved ADU plans provide a rare opportunity to expand your portfolio and maximize future cash flow without the uncertainty of obtaining approvals. Conveniently located near shopping, dining, schools, public transportation, and major freeways. Move-in ready with significant upside potential, making this a unique opportunity for both immediate income and long-term growth.

6327-1/2 Brooklyn Ave, Encanto

$2,100,000

8 Beds ⋅ 4 Baths ⋅ NDP2605534 MLS ⋅ ACTIVE Status

7 units for sale in a 47 unit complex! These are priced at $300k a unit and there are current comps of $350-$365k. 7 units for sale in a 47 unit complex! These are priced at $300k a unit and there are current comps of $350-$365k.

540 65th, Encanto

$905,000

4 Beds ⋅ 2 Baths ⋅ PTP2604230 MLS ⋅ ACTIVE Status

Stop Renting and Start Building Equity! Great opportunity to own a Duplex, with amazing Value Add opportunities. Huge 1/2 Acre + Lot, with views to the Coronado Bridge and Downtown. Both units are 2 Bedroom/1 Bath and have been updated, with newer kitchen cabinets, counter tops and appliances. And, Units are individually metered! There are hardwood floors in both units. Perfect for Multi-Generational living or a savvy owner-occupant looking to let rental income help pay the mortgage. Massive backyard footprint offers clear potential for ADU (Accessory Dwelling Unit) or other property expansions. There is a lower storage room, with stand-up space, offering even more potential options. Superb location with easy access to the 94 freeway, putting you less than 10 minutes from Downtown San Diego. An exceptional value for buyers looking to maximize their purchasing power in a high-demand market. Stop Renting and Start Building Equity! Great opportunity to own a Duplex, with amazing Value Add opportunities. Huge 1/2 Acre + Lot, with views to the Coronado Bridge and Downtown. Both units are 2 Bedroom/1 Bath and have been updated, with newer kitchen cabinets, counter tops and appliances. And, Units are individually metered! There are hardwood floors in both units. Perfect for Multi-Generational living or a savvy owner-occupant looking to let rental income help pay the mortgage. Massive backyard footprint offers clear potential for ADU (Accessory Dwelling Unit) or other property expansions. There is a lower storage room, with stand-up space, offering even more potential options. Superb location with easy access to the 94 freeway, putting you less than 10 minutes from Downtown San Diego. An exceptional value for buyers looking to maximize their purchasing power in a high-demand market.

1002-04 Hanover St, Encanto

$890,000

4 Beds ⋅ 2 Baths ⋅ 260013370 MLS ⋅ CLOSED Status

Rare opportunity to own a fully renovated DUPLEX with a private compound feel, extensive parking, garages, and low-maintenance outdoor space. This is not the typical duplex offering! Both units have been beautifully updated inside and out, creating a clean, modern, turnkey property ideal for an owner-occupant, investor, or multi-generational living setup. Live in one unit and rent the other, or lease both units! Recent improvements include new kitchens, stone countertops, updated cabinetry, new lighting, fresh interior and exterior paint, oak-style flooring throughout, updated plumbing, renovated bathrooms, modern fixtures, and finished low-maintenance landscaping. The exterior offers a generous concrete driveway/courtyard area with plenty of off-street parking, garage parking, and potential space for an RV, work vehicles, toys, or additional storage needs. The layout gives each unit a sense of separation and privacy while still offering the convenience of one well-planned property. Clean design, bright interiors, and neutral modern tones make this property easy to occupy, easy to rent, and easy to maintain. Whether you are looking for a house-hack opportunity, a long-term rental investment, or a rare renovated duplex with parking and flexibility, this property checks the boxes. Updated, and ready for immediate use! A turnkey duplex with garages, parking, outdoor space, and modern finishes—opportunities like this are hard to find. VA Eligible!

8117 Helm, Encanto

$2,050,000

14 Beds ⋅ 12 Baths ⋅ 260012731 MLS ⋅ CLOSED Status

CBRE is pleased to present 701–15 60th Street, a 10-unit multifamily property located in the heart of Encanto, one of Southeast San Diego’s most culturally rich and evolving rental submarkets. The property features a unit mix of eight (8) one-bedroom / one-bathroom units averaging approximately 534 square feet, and two (2) two-bedroom / one-bathroom units averaging 650 square feet. Built in 1940, the property was constructed with pitched roofs and provides ample parking with 10 off-street spaces. Additionally, the property features a dedicated on-site laundry room with existing electrical, a water heater, and plumbing infrastructure, ideal for washer and dryer installation. 701-15 N. 60th Street also can provide very favorable seller financing terms. The Seller is willing to provide up to 90% LTV, debt in the mid-5% range, with interest only payments. All terms are open to negotiation. The subject property is also situated within a federally designated Qualified Opportunity Zone, presenting a compelling tax advantage for investors deploying capital gains into the asset. Encanto continues to attract investor interest due to its affordability, strong community identity, and proximity to transit. The property is located just a short walk from the Encanto/62nd Street Trolley Station, providing direct access to Downtown San Diego via the Orange Line. With Southeast San Diego’s growing population, low vacancy rates, and increasing demand for affordable, well-located rental housing, 701–15 60th Street presents an excellent opportunity for investors seeking a value-add asset.

701-15 N 60th St, Encanto

$725,000

6 Beds ⋅ 2 Baths ⋅ 260012624 MLS ⋅ CLOSED Status ⋅ Encanto BLDG.

Excellent investment opportunity featuring two spacious 3 bedroom, 1 bath units with long-term tenants in place paying $2,000 per month each. Both units have been upgraded with white kitchen cabinets, solid surface countertops, vinyl and tile flooring, and textured walls and ceilings. Each unit offers its own washer and dryer hookups, private patio area, and separate electrical meter. Conveniently located near freeways, grocery stores, shopping, and restaurants, making this a desirable rental property with strong income potential.

8125-27 Helm, Encanto

$710,000

4 Beds ⋅ 2 Baths ⋅ 260011578 MLS ⋅ CLOSED Status

Beautifully renovated duplex perfect for owner-occupants or investors. Features updated kitchens, bathrooms, and flooring, ample parking and detached garage. Excellent income potential.

8114-16 Helm St, Encanto

$800,000

4 Beds ⋅ 3 Baths ⋅ 260009135 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

Great investment property has 3 units fully rented. Two units has 1bed 1 bath and third one is 2bed with one bath.

5242-48 Imperial Ave, Encanto

$785,000

PTP2602552 MLS ⋅ CLOSED Status

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!!! 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!!!

237-39 54th St, Encanto

$1,200,000

PTP2602376 MLS ⋅ CLOSED Status

Exceptional multi-unit opportunity in San Diego! This well-maintained property is ideal for investors seeking strong rental potential or multi-generational living. Recent upgrades completed within the last two years enhance both value and appeal. The two-bedroom units are separately metered, offering added convenience for tenants and simplified expense management for owners. The property features multiple units, on-site parking, and a functional layout designed to maximize income potential. Located on Imperial Avenue with easy access to major freeways, shopping, dining, schools, and parks, this property sits in a high-demand rental area. Projected rental income available upon request. Zoning may offer additional development potential (buyer to verify). A rare opportunity to own a versatile, income-producing asset in a central San Diego location. Exceptional multi-unit opportunity in San Diego! This well-maintained property is ideal for investors seeking strong rental potential or multi-generational living. Recent upgrades completed within the last two years enhance both value and appeal. The two-bedroom units are separately metered, offering added convenience for tenants and simplified expense management for owners. The property features multiple units, on-site parking, and a functional layout designed to maximize income potential. Located on Imperial Avenue with easy access to major freeways, shopping, dining, schools, and parks, this property sits in a high-demand rental area. Projected rental income available upon request. Zoning may offer additional development potential (buyer to verify). A rare opportunity to own a versatile, income-producing asset in a central San Diego location.

5387 Imperial Ave, Encanto

$1,350,000

11 Beds ⋅ 5 Baths ⋅ 260004819 MLS ⋅ CLOSED Status ⋅ - BLDG.

remodeled & upgraded. gated parking lot with extra spaces. low maintenance property. two units have private yards. community laundry with WEB coin washer and drier. all units are presently vacant - perfect for group home/rehab home etc.

5337 Groveland Dr, Encanto

$820,000

4 Beds ⋅ 4 Baths ⋅ 260004645 MLS ⋅ CLOSED Status ⋅ Las Alturas BLDG.

Rare investment opportunity to own four units in a prime San Diego location just minutes from Downtown! Situated on a large lot, this unique property features two duplexes, each offering 1 bedroom and 1 bath units, providing excellent income potential and strong rental demand. Conveniently located near transportation, shopping, dining, and major freeways, this property offers outstanding accessibility and long-term appreciation potential. Don’t miss the chance to own a versatile, income-producing asset in one of San Diego’s most desirable rental markets! Rare investment opportunity to own four units in a prime San Diego location just minutes from Downtown! Situated on a large lot, this unique property features two duplexes, each offering 1 bedroom and 1 bath units, providing excellent income potential and strong rental demand. Conveniently located near transportation, shopping, dining, and major freeways, this property offers outstanding accessibility and long-term appreciation potential. Don’t miss the chance to own a versatile, income-producing asset in one of San Diego’s most desirable rental markets!

5402-8 Churchward St, Encanto

$1,299,990

PTP2601315 MLS ⋅ ACTIVE Status

Great investment opportunity to own this 4 unit complex with space to build 10 more units with ocean views. Property has 2 BR 2 BA, 2BR 1.5 BA, 3BR 1BA and Studio. Property was remodeled in 2025. Great rental area with very low vacancy. Interior shown with accepted offer Great investment opportunity to own this 4 unit complex with space to build 10 more units with ocean views. Property has 2 BR 2 BA, 2BR 1.5 BA, 3BR 1BA and Studio. Property was remodeled in 2025. Great rental area with very low vacancy. Interior shown with accepted offer

5314-16 Churchward, Encanto

$1,410,000

6 Beds ⋅ 5 Baths ⋅ 260002543 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

Upgraded VERY well maintained 3 on 1 situated on a 1/2 acre parcel. Each dwelling has own yard driveway and parking.. The 3rd unit can easily be converted back to a 2br. Two private security gates to properties Main dwelling and 3rd unit are on solar (not leased). New comp shingle roofs. all dwellings are stucco. Easy maintained landscaping with auto drip system throughout. two 250 gallon tote water tanks for grey and rain water. All dwellings feel like 3 separate homes with private yards. Perfect for investor or someone looking for a single family home with helper units!!!

6406-08 N Radio Dr, Encanto

$1,220,000

10 Beds ⋅ 5 Baths ⋅ 2600375 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

Excellent 4 plex with a great location and easy to rent! Vacant units have new LVP floors and paint. Exterior was painted last year. Shared laundry and plenty of parking. Gated courtyard. Unit 3 was recently renovated with new kitchen and bath. Tenants pay on time and are month to month.

5436-4 Imperial Ave, Encanto

$700,000

6 Beds ⋅ 3 Baths ⋅ CV23042116 MLS ⋅ CLOSED Status

Excellent opportunity to own an income property or Vacation Rental type of property in sunny San Diego. Located in the heart of downtown, this beautiful 2,160 square foot home and 6,900 square foot lot features 6 bedrooms and 3 bathrooms with a detached 2 car garage. This spacious home has fruit trees and a large front and back yard. Located just minutes from downtown, the harbor, and Coronado. Must see to appreciate! Excellent opportunity to own an income property or Vacation Rental type of property in sunny San Diego. Located in the heart of downtown, this beautiful 2,160 square foot home and 6,900 square foot lot features 6 bedrooms and 3 bathrooms with a detached 2 car garage. This spacious home has fruit trees and a large front and back yard. Located just minutes from downtown, the harbor, and Coronado. Must see to appreciate!

112 S 58th St, Encanto

$6,250,000

3 Beds ⋅ 2 Baths ⋅ 250036258 MLS ⋅ CLOSED Status

The sale is contingent on a 15-day Notice of Proposed Action to the heirs of the estate and their consent or lack of objection, pursuant to California Probate Code Sections 10587–10591. 1. The seller is the probate administrator. 2. Any personal property conveyed is without warranty. 3. This sale is AS-IS. All reports are provided for disclosure purposes only. The seller will not make any repairs. The Imperial Terrace Apartments is a 28-unit garden-style apartment community located just a few miles from downtown San Diego. This gated complex consists of five two-story buildings on a 23,958 SF (.55-acre) flag-shaped lot. Built in 1984 and renovated in 2012, the property has been well maintained under professional management. There is immediate upside in rents, with comparable nearby updated units achieving rates approximately 15% higher. With a desirable unit mix of mostly two-bedroom units, the property appeals to families with young children. Several elementary, middle, and high schools are located nearby. In addition, residents benefit from numerous shopping options, including several grocery stores and a Walmart Supercenter just a short drive away. Tenants also enjoy the convenience of multiple public transportation lines and easy access to the 805 and 5 freeways. 9 Of the 2BR units are converted 1BR with a den. The den was converted to a bedroom with no built in closet. The 1 BR unit shows on title as a legal unit. Buyer to confirm that this is a legal dwelling unit.

5460-68 Imperial Ave, Encanto

$2,820,000

14 Beds ⋅ 8 Baths ⋅ NDP2507086 MLS ⋅ CLOSED Status

Investment Opportunity - Excellent chance to acquire four single-story investment homes, each leased by a national leader in care services for individuals with disabilities. All four properties to be sold and purchased as a bundle. Each home generates $42,303 in annual rental income for a total of $169,212 per year and a 3% annual increases per year. The 5-year lease is backed by a strong national adult care facility, ResCare Bright Spring. Tenant is responsible for utilities, general maintenance, and landscaping. The property owner is responsible for structural maintenance. Bundle Price for all 4 properties: $2,820,000. This listing features all four homes and pictures of all. Addresses: 1384 Frauline Dr, San Diego; 1382 Tobias Dr, Chula Vista; 1805 Ionian St, San Diego; 5979 Harps Ct, San Diego. Investment Opportunity - Excellent chance to acquire four single-story investment homes, each leased by a national leader in care services for individuals with disabilities. All four properties to be sold and purchased as a bundle. Each home generates $42,303 in annual rental income for a total of $169,212 per year and a 3% annual increases per year. The 5-year lease is backed by a strong national adult care facility, ResCare Bright Spring. Tenant is responsible for utilities, general maintenance, and landscaping. The property owner is responsible for structural maintenance. Bundle Price for all 4 properties: $2,820,000. This listing features all four homes and pictures of all. Addresses: 1384 Frauline Dr, San Diego; 1382 Tobias Dr, Chula Vista; 1805 Ionian St, San Diego; 5979 Harps Ct, San Diego.

5979 Harps Ct, Encanto

$628,000

PTP2505219 MLS ⋅ CLOSED Status

Investor special! - 2 homes on one lot. Front house is currently separated and needs a wall tear down to transform into a 3 bed/2bath. Back house is 2 bed/1bath. Investor special! - 2 homes on one lot. Front house is currently separated and needs a wall tear down to transform into a 3 bed/2bath. Back house is 2 bed/1bath.

5245-47 Churchward St, Encanto

$735,000

2 Beds ⋅ 1 Baths ⋅ PTP2306102 MLS ⋅ CLOSED Status

GREAT INVESTMENT OPPORTUNITY. 2 SEPARATE HOUSES ON A 1/4 OF AN ACRE. EACH HOME FEATURES 2 BEDROOMS AND 1 BATH. BOTH UNITS ARE IN NEED OF SOME TLC, BUT ARE LOADED WITH POTENTIAL. ONSITE LAUNDRY AND PLENTY OF PARKING. GREAT INVESTMENT OPPORTUNITY. 2 SEPARATE HOUSES ON A 1/4 OF AN ACRE. EACH HOME FEATURES 2 BEDROOMS AND 1 BATH. BOTH UNITS ARE IN NEED OF SOME TLC, BUT ARE LOADED WITH POTENTIAL. ONSITE LAUNDRY AND PLENTY OF PARKING.

658-60 N 62nd St, Encanto

$945,000

6 Beds ⋅ 4 Baths ⋅ 240020277 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

6073 & 6075 both included in sale. 2 houses on 1 lot. Each home has 3 bedrooms and 2 bathrooms. Each home has own yard and separate utilities. Both homes are tenant occupied on month to month leases. Very large lot with amazing views. Zoning Code: RS-1-6 Possibly add additional units.

6073-6075 Broadway St, Encanto

$907,500

2 Beds ⋅ 1 Baths ⋅ PTP2502578 MLS ⋅ CLOSED Status

Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here! Amazing Investment Opportunity in Encanto. 2 houses on 1 lot. Each home is 2 bedroom 1 bath. Nestled on 1 acre of land, this this RM-1 zoning unlocks the potential to build up to 12 additional units, offering significant future development possibilities. This is your perfect opportunity to create multigenerational living, add additional rental income, or a flexible lifestyle. Both homes currently on the property offer comfort and privacy, approximately 920 square feet of living space each featuring spacious living areas, kitchens, and nice size bedrooms. The lot itself is a blank canvas with ample space. Whether you're dreaming of a family compound, rental income, or future development, this is your chance to own a prime piece of real estate with endless potential. Spacious, flexible, and full of possibilities, properties like this dont come around often. This is a rare opportunity to own a versatile and spacious piece of real estate. Dont let this one slip awayyour dream starts here!

5305-07 Santa Margarita St, Encanto

$710,000

4 Beds ⋅ 2 Baths ⋅ OC23210425 MLS ⋅ CLOSED Status

Great investment opportunity in 92114! This duplex boasts two 2-bedroom, 1-bath units, each equipped with its own attached garage. Situated on just under one acre, this expansive lot presents endless possibilities for an ADU or future development. Ideal for investors seeking potential, the property requires some TLC, allowing for a personalized touch. Commute effortlessly to downtown San Diego, indulging in the city's renowned attractions. Visit the historic Gaslamp Quarter for eclectic nightlife or enjoy waterfront serenity at Embarcadero Park. Embrace the cultural heart of Balboa Park, home to museums and gardens. From the duplex's central location, residents can seamlessly balance suburban tranquility with easy access to downtown's energetic offerings. Don't just invest in a property; invest in a lifestyle that combines urban excitement and local charm.

8125 Dodie St, Encanto

$505,000

2 Beds ⋅ 2 Baths ⋅ 240016329 MLS ⋅ CLOSED Status ⋅ Nk BLDG.

DUPLEX IN THE HEART OF ENCANTO....WILL REQUIRE SOME FIXING...

6327 Brooklyn, Encanto

$665,000

PTP2305231 MLS ⋅ CLOSED Status

Single family with Zoning for ADU and 2 more units, TOTAL OF 4.

5258 Groveland Dr, Encanto

$1,300,000

8 Beds ⋅ 5 Baths ⋅ PTP2304678 MLS ⋅ CLOSED Status

Discover the ultimate investment opportunity with this Multiple Unit Property! Situated on a spacious 26,571 sqft lot (.61 acres), this property offers not just one, but four incredible rental units. The possibilities for expansion and increased rental income are endless. The main highlight is a large detached 4bd/2ba house, providing ample space for comfortable living. Additionally, there's another detached 2bd/1ba house and a duplex, both featuring cozy 1bed/1bath units. With well-maintained interiors and good overall condition, this property is ready to generate steady returns for you. Don't miss out on this rare opportunity to own a profitable multiple unit property that offers both stability and room for growth. Discover the ultimate investment opportunity with this Multiple Unit Property! Situated on a spacious 26,571 sqft lot (.61 acres), this property offers not just one, but four incredible rental units. The possibilities for expansion and increased rental income are endless. The main highlight is a large detached 4bd/2ba house, providing ample space for comfortable living. Additionally, there's another detached 2bd/1ba house and a duplex, both featuring cozy 1bed/1bath units. With well-maintained interiors and good overall condition, this property is ready to generate steady returns for you. Don't miss out on this rare opportunity to own a profitable multiple unit property that offers both stability and room for growth.

6048-52 Brooklyn Ave, Encanto

$1,340,000

8 Beds ⋅ 4 Baths ⋅ 240015031 MLS ⋅ CLOSED Status ⋅ Encanto BLDG.

THE BEST PRICED TURN-KEY 4PLEX YOU CAN FIND IN SAN DIEGO! ASSUMABLE VA LOAN @ 5% INTEREST RATE! This property consists of four 2b1b units that are fully remodeled within the last year. Upgrades include brand new kitchen with granite counter tops, white shaker cabinets and stainless appliances; brand new luxury vinyl flooring; brand new bathroom with vanity and shower tubs; all units are equipped with stackable washer and dryer; all units also have central air system installed for cooling and heating. For exteriors, all stairs and rails had been redone and new drainage system had been installed. This property is also conveniently located close to 805 and 94, approximately 15min drive to downtown, naval base and SDSU. Whether you are looking for your next investment or trying to save on mortgage payment by living in one and rent the others, this property is a must see !

6979-85 Lisbon St, Encanto

$1,050,000

NDP2409900 MLS ⋅ CLOSED Status

Amazing development opportunity. Shovel Ready Permitted plans in hand to add 6 ADUs, each with their own 2-car garage, to this 13,700 sqft. lot. Each ADU is a 3 bedroom with 2.5 bathrooms. The existing home is a 4 bedroom, 2 bathroom and was renovated in 2023. Great rental potential and ready to build.

825 51st St, Encanto

$800,000

3 Beds ⋅ 2 Baths ⋅ 240000259 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

This bright, charming and versatile home offers a range of possibilities for the new owner. The property has two fully furnished living spaces, one being a 2 bedroom, 1 bathroom home with 1,311 square feet, and the other a separate 750 sf. ADU that includes a 1 bed 1 bath plus a kitchenette. Both units have separate meters. This arrangement allows for flexible living options, such as multi-family living, in-law suites, or potential rental income from one of the living quarters. Both units were recently upgraded with new flooring, windows, fresh paint and remodeled kitchens. You’ll love the newly landscaped extra-large yard, providing outdoor space for various activities and leisure. Expansion Potential: option to convert the one car garage into an ADU as well as plenty of space for potentially a 4th ADU.The property features two extra-long driveways, which can accommodate an RV, boat, or other recreational vehicles. This home is located just 10 minutes from downtown San Diego and 15 minutes from major beaches and Coronado, is attractive for those looking for easy access to the city's amenities and coastal areas.

5903 Balmoral Dr, Encanto

$1,975,000

6 Beds ⋅ 3 Baths ⋅ 250023887 MLS ⋅ CLOSED Status

Presenting a rare investment opportunity in the heart of San Diego—a 10-unit multifamily property featuring stand-alone, cottage-style buildings. Each unit is a separate structure, providing tenants with a single-family home experience while maintaining the convenience of multifamily living. There are 7 on-site assigned parking spaces plus plenty of street parking. This property also includes an onsite shared laundry facility, offering an added convenience for residents. Perfectly located in the heart of San Diego, this property offers easy access to major freeways, making commuting a breeze. This well-maintained property presents an excellent opportunity for stable rental income with desirable unit layouts in a highly sought-after area. Don’t miss the chance to own this one of-a-kind property in sunny San Diego!

5201 Naranja St, Encanto

$1,200,000

8 Beds ⋅ 4 Baths ⋅ 250026341 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

Priced to sell! 3 units. Completely remodeled! **3 units, 2 detached buildings.** #1 = 3bd/2bth, #2 = 3bd/1bth, #3 = 2bd/1bth. Each unit with separate entrance, private yard, and own laundry. All units with brand new kitchens, new quartz countertops, flooring, paint, windows, bathroom vanities, shower or shower/tubs, light fixtures, faucets, stainless steel appliances, heating and more! Extra large lot with ample dedicated parking! Room for RV. Live in 1 and rent the others. Perfect for multi-generation/expanded families. Views of surrounding hills from back unit. Move-in ready, centrally located, and only minutes to I-94! Close to Naval Base, Downtown SD, and Metro San Diego!

1846 Klauber Ave, Encanto

$2,525,000

6 Beds ⋅ 3 Baths ⋅ 250021343 MLS ⋅ CLOSED Status

We are pleased to present this 6 on 1 in Encanto. The property offers 5 single story 3Br/1Ba houses and a 2-story 3Br/2Ba front house with its own private backyard and driveway. The 5 single story houses are fully renovated with all new but not limited to roofs, stainless steel appliances, dual pane windows, plumbing, electrical, mini splits, ceiling fans in each bedroom and in-unit W&D. The 3Br/2Ba is separately metered for water and gas&electric which tenant pays all utilities for that unit. The owner has plans submitted to the city to demo the 2-story front house and build 4 new 2Br/2Ba units (2,900 SF) with parking. The property currently generates $210,000 gross income yearly bringing in a 5.64% CAP rate on ACTUALS! Call today to get more information on this amazing investment that offers great cash flow and upside to build more units!

719-31 N 63rd St, Encanto

$1,793,750

3 Beds ⋅ 4 Baths ⋅ 240019348 MLS ⋅ CLOSED Status

711 61st Street consists of 5,782 square feet of structures on a large 15,799 square foot lot. The unit mix is one 2 bedroom / 1 bath, five 1 bedroom / 1 bath, and five studio units. The subject property has three structures and 13 parking spaces. There are 10 legal units and an 11th unit for which permits are unknown. Two studios had been previously converted to 1 bedroom units. The property has onsite laundry and upside in rents as well as ADU potential. The property is in a predominately residential neighborhood.

711 61st St, Encanto

$854,999

6 Beds ⋅ 3 Baths ⋅ 240023565 MLS ⋅ CLOSED Status ⋅ Encanto BLDG.

Amazing Investment Opportunity! 2 houses in 1 lot. The main house is a 4 bedrooms and 2 full baths PLUS with back unit 2 bedrooms and 1 bath on 12,400 sq ft lot. Recently upgraded kitchens with shaker cabinets, quartz countertops, subway tile backsplash.These charming residence's is set on a generous lot, offering an ideal blend of comfort and modern living. The home boasts an open floor plan with numerous updates, ensuring a contemporary and inviting atmosphere. One of the standout features is the PAID OFF solar system, providing energy efficiency and cost savings. The property includes not one, but two distinct backyards, perfect for a variety of outdoor activities. The upper-level yard is fenced in and features it an ideal space for pets or children to play. This ADU/ back house presents a great income-producing opportunity or potential as an Airbnb. Live in the back and rent front. The opportunities are endless! Both homes has new roof! And, so much more. Conveniently located close to freeways and shopping centers, this home provides easy access to all the amenities you need. Don’t miss out on this incredible opportunity—schedule your viewing today!

6860 Wunderlin Ave, Encanto

$750,000

6 Beds ⋅ 2 Baths ⋅ 240020927 MLS ⋅ CLOSED Status ⋅ Encanto BLDG.

This duplex has two units with 3 bd 1 bth on each side. Both units are currently rented but units have potential for increase rents! Units have been completely remodeled two years ago so the property is a turn-key investment. Each unit has its own water meter which is really rare for duplexes like this. The property also has plenty of space to add more ADU units in the back. Plans for 3 extra units attached to this listing. Please do not disturb tenants.

8145-47 Helm, Encanto

$680,000

4 Beds ⋅ 2 Baths ⋅ 240016786 MLS ⋅ CLOSED Status ⋅ - BLDG.

Multi-Unit investment opportunity. This duplex offers two 2-bedroom, 1-bath units with a ton of sweat equity potential. Double garage and spacious driveway offer plenty of off-street parking. Convenient location close to multiple freeways.

1134-36 Koe St, Encanto

$850,000

6 Beds ⋅ 3 Baths ⋅ PTP2305151 MLS ⋅ CLOSED Status

Three 2 bedrooms 1 bath units

5314 Churchward St, Encanto

$1,330,000

7 Beds ⋅ 5 Baths ⋅ 240022462 MLS ⋅ CLOSED Status ⋅ Na BLDG.

Amazing 4-plex investment opportunity with low interest, high principal assumable VA loan available. Wonderful location near schools, park, Boys & Girls club, freeways, and more. One standalone 4/2 home with new roof, and a three unit building (2/1, 1/1, Studio). All of the units are permitted and have been updated for the modern renter. One of the few investment opportunities in San Diego with immediate cash flow potential. Current Matterport 3D scans available for serious buyers.

550-54 Ritchey St, Encanto

$1,135,000

8 Beds ⋅ 4 Baths ⋅ 230017705 MLS ⋅ CLOSED Status ⋅ Encanto BLDG.

Back on the market with price improvement! Rarely available 4-unit in Encanto. Opportunity for development. Property is located in a designated transit priority zone close to trolley line. Seller has completed a feasibility report for qualified buyers. Build Multiple units, live in one and rent out the others for income! Large lot allows for easy development and/or extra parking. Proximity to shopping, transportation and freeways.Take advantage of new 5% down financing.

5265 Naranja St, Encanto

$870,000

2 Beds ⋅ 1 Baths ⋅ PTP2404428 MLS ⋅ CLOSED Status

Great duplex opportunity for savvy house hackers! One unit is currently rented, providing immediate rental income, while the other unit is owner-occupied. Live in one unit to drastically reduce your living expenses or maximize your cash flow by renting out both units. This property also offers the potential to build additional units, increasing its investment appeal. Both units in the duplex have been well cared for, featuring open floor plans. Higher ceilings and spacious living areas allow for abundant natural light. Plus, there's an option to assume the current VA loan on this home at a favorable 5.5% interest rate. Don't miss out on the versatility and opportunities this unique property offers to significantly lower your monthly costs while building equity and generating income.

970 Hanover St, Encanto

$1,037,500

3 Beds ⋅ 2 Baths ⋅ PTP2405788 MLS ⋅ CLOSED Status

This four-unit apartment building in the Valencia Park area of San Diego presents an excellent investment opportunity. The complex includes: Two 2-bedroom, 1-bath units One 3-bedroom, 1.5-bath unit One 1-bedroom, 1-bath unit Key features in this well-maintained property include ample off-street parking and a location proximate to shopping, schools, parks, freeways and trolley adding to convenience for tenants. Benefit from the ongoing neighborhood revitalization and new development projects, the area is experiencing positive growth, driving up demand and rental prices. This is a prime opportunity to invest in a changing market and capitalize on increasing property values. Significant upside in rents possible as tenants are long term.

5280 Groveland Dr, Encanto

$1,975,000

4 Beds ⋅ 2 Baths ⋅ 250000543 MLS ⋅ CLOSED Status

601-7 Stork St and 601-15 Stork are being offered as a package. The property consists of (8) 3bd/1ba Cottage Style units and a 1bd/1ba Cottage. The property has two separate APNs. Total lot size between both parcels is 20,112 sq ft and offers 10 parking spaces for tenant use. The property has been well kept over the years and an opportunity exists to renovate the existing units and increase rents to market rate. Year built of property unknown.

601-15 Stork St, Encanto

$830,000

4 Beds ⋅ 3 Baths ⋅ 250021992 MLS ⋅ CLOSED Status

Welcome to this spacious 4-bedroom, 3-bathroom home located on the border of Lemon Grove. Offering a generous 1,852 square feet of living space, this charming property sits on an expansive 13,200 square foot lot, providing endless possibilities for outdoor living and development. The attached studio, though unpermitted, includes convenient laundry hookups and adds additional potential for a guest suite, office, or creative space. With such a large lot, the opportunities for expansion, gardening, or recreation are truly limitless—check with the city regarding possible expansion of ADU requirements. Don’t miss your chance to explore this home and envision all it has to offer!

1221 Braddock St, Encanto

$1,355,000

12 Beds ⋅ 4 Baths ⋅ 250018795 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

Prime Investment Opportunity – 5% current CAP rate. We are pleased to present a well-maintained four-unit property on a desirable corner lot in San Jacinto. Each of the (4) units features 3 bedrooms and 1 bath, offering a total of 3,648 sq. ft. of livable space. Recent upgrades include a newly renovated exterior, refreshed landscaping, an updated laundry room, and new electrical sub-panels. The property also offers four off-street parking spaces. With strong rental demand and room for future growth, this property is perfect for investors looking to maximize returns. Don’t miss this exceptional opportunity! The neighborhood of Encanto is in southeastern San Diego, known for its hilly terrain, open spaces, and suburban feel. It offers a mix of single-family homes, low density apartments, parks, and local amenities, with convenient access to public transportation and major freeways. The area provides a quieter atmosphere while still being close to downtown San Diego

243-49 San Jacinto Dr, Encanto

$745,000

2 Beds ⋅ 2 Baths ⋅ PTP2302565 MLS ⋅ CLOSED Status

2 on 1 lot with potential for more. Each unit features 2 bedrooms and 1 bath, Well maintained and plenty of parking. 2 on 1 lot with potential for more. Each unit features 2 bedrooms and 1 bath, Well maintained and plenty of parking.

424-26 69th St, Encanto

$765,000

4 Beds ⋅ 2 Baths ⋅ 240024468 MLS ⋅ CLOSED Status ⋅ N/A BLDG.

Huge price reduction! How about this renovated Duplex on an extra large lot?! A perfect mix of a 2 bedroom and 1 bathroom mix. Property is currently rented and the information is below regarding rents. The property can be delivered occupied or vacant. Newer flooring, windows, countertops, cabinets and bathrooms. If you are looking for cash flow or a place to move the family in, this is the perfect opportunity.

5895-5897 Imperial Ave, Encanto

$1,250,000

8 Beds ⋅ 4 Baths ⋅ PTP2302708 MLS ⋅ CLOSED Status

Your opportunity to own 4 units is here. Located within 15 minutes of downtown, this property offers it all. Fully gated and plenty of parking with 6 parking spaces. Each unit has newer flooring, kitchen cabinets, bathroom vanity, and newer paint throughout. Each unit also offers washer and dryer, which conveys with the property. Please do not walk the property or disturb the tenants. Your opportunity to own 4 units is here. Located within 15 minutes of downtown, this property offers it all. Fully gated and plenty of parking with 6 parking spaces. Each unit has newer flooring, kitchen cabinets, bathroom vanity, and newer paint throughout. Each unit also offers washer and dryer, which conveys with the property. Please do not walk the property or disturb the tenants.

5441-47 Imperial Ave, Encanto

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