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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

$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

$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

$1,375,000
4 Beds 4 Baths 260005540 MLS ACTIVE Status
RARE OPPORTUNITY to own 3 acres in Emerald Hills and possibility to build an additional multi family dwelling on the property! Property is also eligible for a lot split under SB9. Fully remodeled 2 story home with beautiful city ocean, and Coronado Bridge views from nearly every room of the house. Including 500+ sq ft worth of deck space where you can enjoy a bite to eat and watch the sunset. This property sits on the edge of a bluff and even includes its own hiking trail! Careful of the cactus, if you plan to explore! On top of being completely remodeled, and featuring so much land, you will feel incredibly secure as this property is nestled on a cul de sac and you get a high level of privacy. The top floor features three decks, amazing for entertaining. A wide-open floor plan where you experience the city/ocean views from your upstairs living spaces. The primary bedroom has its own deck, including a stand-alone tub in the shower in which you can enjoy the views standing in your very large shower. Downstairs you will find a secondary living room and fireplace along with three more bedrooms, great for children's quarters. The large area of land and R2 zoning allow for the ability to building a multi family dwelling on the property! Walking distance to the nearby metro and short drive to Coronado, Downtown, the Zoo. This is an extremely rare opportunity to own one of the most unique properties in the area and under $1.4m.

700 Selma Pl, 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

$1,150,000
5 Beds 4 Baths NDP2402423 MLS CLOSED Status
MUST SEE THIS INCREDIBLE ONE OF KIND SINGLE STORY WITH POOL AND ADU. LOCATED ON A PRIVATE .44 ACRE LOT THIS HOME IS LIGHT AND BRIGHT AND FULL OF WINDOWS FEATURING 2425 SQ FT WITH 4 BEDROOMS AND 2.5 BATHS IN THE MAIN HOUSE PLUS AN ATTACHED BEDROOM AND BATH ADU WITH SEPARATE ENTRANCE. ADU FEATURES PRIVATE OUTDOOR SPACE, FULL KITCHEN AND BATH INSIDE AND BUILT IN MURPHY BED. THIS HOME IS FULLY RENOVATED WITH EXTRA LARGE KITCHEN AND LIVING AREAS THAT WILL IMPRESS FEATURING LARGE ISLAND, STAINLESS APPLIANCES AND LOTS OF STORAGE. VAULTED CEILINGS IN THE LIVING ROOM LEAD TO DOUBLE SLIDERS THAT OPEN TO GORGEOUS POOL AND LARGE PRIVATE YARD WITH VIEWS. MASTER SUITE HAS PRIVATE SLIDER AND VIEW OF POOL WITH SPA LIKE MASTER BATH THAT HAS SOAKING TUB. LONG PRIVATE DRIVE LEADS TO AN ELEVATED LOT WITH 2 CAR GARAGE AND LOTS OF PARKING. THIS HOME IS READY FOR EXTENDED FAMILIES OR LIVE IN MAIN HOUSE AND RENT THE ADU FOR INCOME. EASY ACCESS TO FREEWAYS AND SUPER CLOSE TO LEMON GROVE, RESTAURANTS AND SHOPPING. COME SEE THIS SPECIAL ONE OF KIND HOME READY FOR ENTERTAINING.

2003 Winnett 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

$1,150,000
4 Beds 4 Baths NP24129837 MLS CLOSED Status
Experience the allure of vacation living every day in this extensively remodeled, stunning four-bedroom, three-and-a-half-bathroom residence. Perfectly situated on a generous lot with unparalleled privacy and panoramic 300-degree hilltop views, this home offers unobstructed vistas westward to downtown and Pt. Loma, northward to Chollas Lake, and eastward to Mt. Helix. With approximately 2,228 square feet of interior living space, this property features numerous upgrades. All bathrooms were updated in 2021, with the addition of a new full bath, bringing the total to three full bathrooms on the second floor and a powder room on the ground level. Each bedroom is equipped with its own energy-efficient AC unit. Showcasing tile flooring throughout the first floor, the home also boasts luxury vinyl planks upstairs. The spacious primary suite includes a walk-in closet, a cozy retreat with a fireplace, and an office niche. Quartz countertops and stainless steel appliances make the kitchen a chef's dream. Outside, the backyard is an oasis with a gas-heated saltwater pool with an automated cover, a hot tub, a gazebo, a large BBQ attached to gas and water, and mature tropical landscaping. Expansive and newly expanded balconies and patios are perfect for enjoying the views. Ample parking is available with a two-car attached garage, two covered parking spaces, and approximately six additional uncovered parking spaces. The garage includes a pet spa and laundry facilities. Additionally, a storage shed and a tankless water heater add convenience. The driveway, retaining wall, patio slab, an

2155 Paradise St, 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

$1,340,000
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

$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

$1,355,000
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

$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

$1,340,000
8 Beds 4 Baths 240014673 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

$1,200,000
5 Beds 3 Baths PTP2403145 MLS CLOSED Status
Inviting Triplex Investment Opportunity on BIG Corner Lot Discover the perfect investment opportunity with this recently renovated and maintained triplex nestled on a big corner lot. Each unit features laminate vinyl flooring, shaker kitchen cabinets with quartz countertops, and freshly painted interiors. Enjoy energy efficiency with new double-pane windows and individual mini-split systems in each unit. Tiled bathrooms add a touch of luxury, while the communal laundry area and shared backyard between units enhance convenience and outdoor living. Featuring a brand new 2024 built garage conversion boasting a 1 bed 1 bath unit. Prime location close to amenities and transportation. Don't miss out on this turnkey investment opportunity! Currently Rented at $2,450 for 2bed/1 bath & $1,700 for 1bed/1bath for a total of $6,600 gross net income, potential to increase rents. Inviting Triplex Investment Opportunity on BIG Corner Lot Discover the perfect investment opportunity with this recently renovated and maintained triplex nestled on a big corner lot. Each unit features laminate vinyl flooring, shaker kitchen cabinets with quartz countertops, and freshly painted interiors. Enjoy energy efficiency with new double-pane windows and individual mini-split systems in each unit. Tiled bathrooms add a touch of luxury, while the communal laundry area and shared backyard between units enhance convenience and outdoor living. Featuring a brand new 2024 built garage conversion boasting a 1 bed 1 bath unit. Prime location close to amenities and transportation. Don't miss out on this turnkey investment opportunity! Currently Rented at $2,450 for 2bed/1 bath & $1,700 for 1bed/1bath for a total of $6,600 gross net income, potential to increase rents.

6980-82-84 Lisbon St, Encanto

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