Refine Search
Sort by
$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

$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

$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

$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

$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

$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

$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

$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

board logo

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS®,