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$1,199,000
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

$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

$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

$1,126,000
6 Beds 4 Baths PTP2602126 MLS PENDING Status
SELLER OFFERING $26,000 CREDIT towards interest rate buy-downs and/or closing costs! Lower your monthly payment significantly on this incredible 5 Bed | 3 Bath Main Home + New 2026 1 Bed | 1 Bath ADU with Separate Address & Electric Meter Separate Entrance This multi-generations and Income-generating property with two separate living spaces and beautiful views (easily rentable as three living spaces). The main home offers a comfortable, move-in ready environment featuring 3 fully remodeled bathrooms, an updated kitchen with new appliances, a primary suite with walk-in closet and modern fixtures throughout. The layout is designed for practical everyday living, and the property provides plenty of parking for residents and guests. All plumbing is new, 2 HVAC Systems, 2 Tankless water heaters, New Vinyl flooring, Fireplace The front yard features attractive low-maintenance turf landscaping, providing the look of lush green grass year-round while requiring minimal upkeep. Step into the backyard and enjoy an amazing view, creating a relaxing outdoor space to unwind and take in the surrounding scenery. Adding excellent flexibility is the newly completed 2026 Junior ADU featuring its own address, separate electric meter, water sub-meter, and separate entrance this one bed room JADU can be easily turned in to two bedrooms with simple wall, offering privacy and independence from the main home. This space is ideal for extended family, guests, or rental income. With two living spaces, the property offers multiple income opportunities: Live in the main home and rent the JADU Live in SELLER OFFERING $26,000 CREDIT towards interest rate buy-downs and/or closing costs! Lower your monthly payment significantly on this incredible 5 Bed | 3 Bath Main Home + New 2026 1 Bed | 1 Bath ADU with Separate Address & Electric Meter Separate Entrance This multi-generations and Income-generating property with two separate living spaces and beautiful views (easily rentable as three living spaces). The main home offers a comfortable, move-in ready environment featuring 3 fully remodeled bathrooms, an updated kitchen with new appliances, a primary suite with walk-in closet and modern fixtures throughout. The layout is designed for practical everyday living, and the property provides plenty of parking for residents and guests. All plumbing is new, 2 HVAC Systems, 2 Tankless water heaters, New Vinyl flooring, Fireplace The front yard features attractive low-maintenance turf landscaping, providing the look of lush green grass year-round while requiring minimal upkeep. Step into the backyard and enjoy an amazing view, creating a relaxing outdoor space to unwind and take in the surrounding scenery. Adding excellent flexibility is the newly completed 2026 Junior ADU featuring its own address, separate electric meter, water sub-meter, and separate entrance this one bed room JADU can be easily turned in to two bedrooms with simple wall, offering privacy and independence from the main home. This space is ideal for extended family, guests, or rental income. With two living spaces, the property offers multiple income opportunities: Live in the main home and rent the JADU Live in the JADU and rent the main home Live upstairs and rent the main house and JADU Rent both units for maximum income generation A versatile property ideal for homeowners, multigenerational living, or buyers seeking an income-producing opportunity. Easily get the loan and live with paid mortgage by the tenants! OR AIRBNB. Great property for the assisted living as it has so many rooms and bathrooms!

843 Alvin St, Encanto

$900,000
6 Beds 3 Baths PTP2508540 MLS CLOSED Status
Spacious 6-bedroom, 3-bath home offering comfort, function, and modern style, ideal for multi-generational living! Features a fully remodeled kitchen with sleek finishes, updated appliances, and ample storage. Bright family room with built-in entertainment center and electric fireplace. Flexible layout with 3 bedrooms downstairs and 3 upstairs, including a primary suite with private bath. Upgrades include durable concrete/tile flooring, fresh interior & exterior paint, modern staircase railing, dual-pane windows with new shutters, upgraded garage door, and solar panels for energy efficiency. Enjoy the fully fenced front yard, lemon & calamansi trees, and a vegetable garden with malunggay. Conveniently located near schools, parks, and public transportation, a perfect blend of comfort, style, and accessibility! Spacious 6-bedroom, 3-bath home offering comfort, function, and modern style, ideal for multi-generational living! Features a fully remodeled kitchen with sleek finishes, updated appliances, and ample storage. Bright family room with built-in entertainment center and electric fireplace. Flexible layout with 3 bedrooms downstairs and 3 upstairs, including a primary suite with private bath. Upgrades include durable concrete/tile flooring, fresh interior & exterior paint, modern staircase railing, dual-pane windows with new shutters, upgraded garage door, and solar panels for energy efficiency. Enjoy the fully fenced front yard, lemon & calamansi trees, and a vegetable garden with malunggay. Conveniently located near schools, parks, and public transportation, a perfect blend of comfort, style, and accessibility!

6526 Crabtree St, Encanto

$805,000
6 Beds 3 Baths 250042082 MLS CLOSED Status
Great opportunity in a central San Diego location with expansion and ADU potential offering strong value-add upside. Multi-level layout with a separate lower area and second kitchen—ideal for a live-in owner with rental income, multigenerational living, student housing, or ADU conversion. Enjoy canyon views and San Diego skyline vistas from a comfortably sized lot. Interior features durable plank flooring and solid structure; cosmetic updates and modernization will unlock immediate equity. Excellent transit access with direct bus to SDSU, nearby trolley, and easy downtown commute. Close to shopping, medical centers, the naval base, and major employment hubs—high tenant demand. Investors and live in investors take note: flexible floor plan, multiple income possibilities, and prime central location make this a smart repositioning play. ** Tenant Occupied, please do not disturb tenants. Contact listing agent for details. **

5234 Roswell, Encanto

$865,000
6 Beds 3 Baths 250040613 MLS CLOSED Status
Discover the perfect blend of space, comfort, and convenience with view at 525 Pitta St, San Diego. This inviting two-story home offers 6 bedrooms and 2.5 baths, with a full bathroom on each floor for flexible living. The main level features a spacious living room ideal for gatherings, a bright kitchen and dining area, and seamless flow to the outdoor patio. Enjoy multiple bedrooms, including access to a private balcony with neighborhood views. A generous driveway provides off-street parking, while the backyard patio offers room for entertaining, gardening, or relaxing. With its versatile floor plan for those who need extra room for a home office. Conveniently located in the Encanto community, you’ll be close to schools, parks, shopping, and freeway access. A rare opportunity to own a spacious single-family home in San Diego.

525 Pitta St, 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

$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

$1,050,000
6 Beds 4 Baths 250033141 MLS CLOSED Status
Don’t let the modest exterior fool you—step inside to discover a 3,690 sq ft home and a spacious lot that will exceed your expectations! With approx 1,350 sq ft of common living area, 6 bedrooms, 4 baths and .82 acres, this two-story gem offers an inviting open floor plan perfect for multi-generational families or creative rental income opportunities. The main floor features 5 bedrooms and 3 bathrooms, providing ample space for family and guests. 1st floor primary suite boasts a large walk-in closet, second closet and built in wall of cabinets with still enough space for a desk or sitting area and its own entrance to the back patio. 2nd floor is another roomy primary suite, with living area, bedroom, bathroom and balcony with views from Mexico to La Jolla.. Use as a guest retreat or generate rental income. Monster kitchen with stainless steel appliances stands at the heart of the home, equipped with an XL refrigerator, double ovens, and a full wall of cabinets and pantry closet. Ideal for entertaining, the oversized great room, encompassing the kitchen, dining room, and two family rooms, adds up to approximately 1,350 square feet of open area—practically a house within a house. Backyard has views, artificial greens for easy maintenance, mature fruit trees and so much space. A quick commute to downtown San Diego positions you close to entertainment, dining, and you're just 12 minutes to the iconic Pacific Gaylord. Included with home are all kitchen appliances, second refrigerator, very large screen television in family room, full size washer and dryer, and patio picnic table. Exterior storage closet shelving units and Adirondack chairs on patio will depart with the seller. Solar is leased.

5762 Alta Vista Ave, Encanto

$828,000
6 Beds 3 Baths PTP2405772 MLS CLOSED Status
Welcome to this expansive Home! top unit 3-bedroom, 1-bathroom and bottom unit basement 3 bedroom 2 bathrooms offers a fantastic opportunity for rental income home nestled on a generous 35,000+ sqft lot! This property boasts a spacious layout, ideal for families or those looking for rental income potential. The heart of the home features beautiful granite countertops, leased solar panels, buyer must assume lease While the home is brimming with potential, it does require some tender loving care (TLC) to restore it to its full glory. Enjoy the vast outdoor space perfect for entertaining, gardening, or simply unwinding in your own private oasis. With its size and potential, this property is a rare finddon't miss out on the chance to make it your own!

1461 Hilger St, 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

$767,000
6 Beds 2 Baths NDP2307715 MLS CLOSED Status
Welcome to this stunning single-family detached home situated in a desirable neighborhood, offering a perfect combination of location, style, and comfort. With 4 bedrooms, 2 bathrooms, 2 bonus optional bedrooms and ample living space, this property is truly a standout gem. As you enter, you're greeted by a warm and inviting atmosphere. The open concept layout seamlessly connects the living room, dining area, and kitchen, creating the ideal space for entertaining family and friends. The living room features large windows that allow an abundance of natural light to fill the space, accentuating the beautifully updated flooring and providing a sense of serenity. The updated kitchen featuring modern appliances in a galley with open concept style has ample cabinetry for all your storage needs. The breakfast bar provides a convenient spot for casual dining, while the adjacent dining area offers a more formal setting for gatherings and meals. The primary bedroom is a true retreat, offering a peaceful sanctuary to unwind at the end of the day. With a well-appointed ensuite bathroom, complete with a stylish vanity and shower. The additional bedrooms which include the optional 2 bedrooms provide flexibility for guests, home offices, possible income potential or hobbies. Step outside to an inviting backyard, where you'll discover the perfect outdoor oasis with peak-a-boo views of the iconic Coronado Bridge. The landscaping features mature fruit trees to include: Calamansi', Macadamia, Loquat and Guava trees, create a serene backdrop, offering a sense of privacy and tranquility. Imagine

5832 Greycourt 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

$1,975,000
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

$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

$700,000
6 Beds 3 Baths CV23042270 MLS CLOSED Status
Excellent opportunity to own a beautiful 6 bedroom and 3 bathroom home in sunny San Diego! Located in the heart of Downtown, this spacious 2,160 square foot home and 6,900 square foot lot features a detached 2 car garage, separate laundry room, fruit trees with a large front and back yard. Located just minutes from downtown, the harbor, and Coronado. Income property or vacation property/short term rental potential! Must see to appreciate! Excellent opportunity to own a beautiful 6 bedroom and 3 bathroom home in sunny San Diego! Located in the heart of Downtown, this spacious 2,160 square foot home and 6,900 square foot lot features a detached 2 car garage, separate laundry room, fruit trees with a large front and back yard. Located just minutes from downtown, the harbor, and Coronado. Income property or vacation property/short term rental potential! Must see to appreciate!

112 S 58th 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

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