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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

$1,265,000
4 Beds 2 Baths 260015911 MLS ACTIVE Status
Beautifully remodeled and significantly larger than most homes in the neighborhood, this exceptional property offers the perfect combination of space, flexibility, and future potential. The main residence has been thoughtfully updated throughout and is complemented by a fully permitted approximately 600 sq. ft. ADU, ideal for multigenerational living, rental income, or a private guest suite. Situated on a desirable corner lot directly across from a community park, the property enjoys an open, inviting setting with convenient access to outdoor recreation. The expansive yard offers plenty of room for entertaining, gardening, or relaxing outdoors. As an added bonus, plans are available for a future detached ADU, creating an outstanding opportunity to expand living space and maximize long-term value. With its oversized floor plan, modern renovations, permitted ADU, development potential, and prime location, this is a rare opportunity to own one of the area's most versatile properties.

303 Sears Ave, 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

$1,050,000
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

$1,100,000
4 Beds 4 Baths 240026665 MLS CLOSED Status
Discover this rare gem nestled in the exclusive enclave of Coronado Vistas, where luxury meets unparalleled privacy. This custom-built estate spans a lush half-acre, offering panoramic views of the Pacific Ocean, the Coronado Islands, the iconic Coronado Bridge, and the Point Loma coastline. Thoughtfully designed with seamless indoor-outdoor living, this home boasts wrap-around terraces on both levels, framing stunning vistas from every room. The open-concept layout is bathed in natural light, with ocean views extending across all living spaces. The entry level features a grand formal foyer, leading to an elegant living room, dining area, and gourmet kitchen, all designed to maximize the views. The primary bedroom suite is also located on this level, offering convenience and privacy with stunning outlooks. The lower level serves as the ultimate retreat, complete with a spacious family room, a game room perfect for entertaining, and three additional bedrooms, each thoughtfully positioned to capture the picturesque surroundings. Mature, meticulously maintained landscaping provides a serene, private retreat, enhancing the allure of this secluded paradise. This is a rare opportunity to own an extraordinary sanctuary with one of the best views of all San Diego. Whether watching a sunset over the ocean or enjoying an evening under the stars, this home offers an experience like no other.

1617 Weaver 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

$990,000
6 Beds 3 Baths PTP2402572 MLS CLOSED Status
"What? A HUGE 6 bedroom, 3 bathroom, 3200+ square foot home, with not one but TWO master bedrooms, in the heart of San Diego, for under a million dollars??? Impossible!" That's what I thought, but not only does it exist, it's actually for sale! This is the ONLY property in all of San Diego, that's over 2500 square feet, and below $1.25 million! Welcome to your dream home in the sought-after Encanto/Skyline Hills neighborhood of sunny San Diego! This stunning 6-bedroom, 3-bathroom residence is a true gem, offering the ideal blend of luxury, spaciousness, and comfort. As you step through the front door, you'll immediately be struck by the beauty of this fully upgraded home. The spacious, open layout is perfect for multi-generational living, providing plenty of room for both relaxation and entertainment. Natural light pours in through dozens of new dual-pane vinyl windows, creating a warm and inviting atmosphere throughout the 3,233 square feet of living space. Permits unknown on "bonus room" to the left of the living room. The heart of this home is undoubtedly the chef's kitchen, a true masterpiece. No expense was spared in its design, featuring top-of-the-line LG stainless steel appliances that will delight any culinary enthusiast. Imagine whipping up gourmet meals with ease and style in this elegant and functional space. This home boasts not one, but two master suites, making it perfect for multi-generational living or accommodating guests in unparalleled comfort. One master suite is conveniently located downstairs, offering accessibility and convenience, while the second i

7037 La Sena Ave, Encanto

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