Garrison Townhome Apartments is a 46-unit multifamily investment opportunity located in Oceanside, CA. Situated on a spacious 2.19-acre lot, the property offers an attractive mix of one and two-bedroom floor plans across 10 buildings. Units at Garrison Townhome Apartments offer highly desirable features including vinyl and carpet flooring, quartz countertops, stainless steel appliances, shaker-style cabinetry, and more. Each unit at the property features a direct line for laundry machines, an in-demand feature that could help new ownership achieve significant rental premiums. Additionally, each of the 30, two-bedroom units feature two-story townhome construction with a private patio. Garrison Townhome Apartments offers community amenities including tuck-under and surface parking with large storage lockers, a fitness center, and an on-site laundry facility. Since 2018, current ownership has invested more than $1.7 million on comprehensive improvements to both building exteriors and unit interiors. Furthermore, there is the opportunity to further increase cash flow through the conversion of the current leasing office and a portion of the propertys storage spaces into studio accessory dwelling units.More details
The South Mission Bay Villas offer a rare opportunity to own bay front property in Mission Beach, San Diego, California. This property sits on two lots and can be utilized as a rental property. The property is currently used as a hybrid owner user plus rental. The property can be operated immediately as a short-term rental if the owner resides in the property for at least nine months out of the year. In order to obtain a short-term rental permit, non owner occupied, an application must be made and be placed on the waiting list. This unique property also presents itself as a prime development opportunity. With the ability to scrape the existing structures and build new condominiums, or keep the current structures in place and process with the department of real estate to sell individually as a TIC tenant in common ownership structure. Very few investment properties offer this range of investment alternatives and creative uses.More details
Magnificent oceanfront home with a private staircase leading straight down to the beach. This is truly a magical home where you can enjoy panoramic sunsets from your deck or your own beach. 6 bedrooms, classical A-Frame home in the highly sought after neighborhood of Leucadia. Walking distance to exclusive restaurants, stores and world famous surf breaks. This rare home also offers a place for the whole family - multi-generational living or live in one house and rent out the other. See Supplement.More details
REFRESHED AND IMPROVED! Incredible once-in-a-lifetime opportunity to acquire a six-unit trophy property directly on the sand in Sail Bay. $347,857 gross in 2023! Projected gross profit over 500k! The property exudes the pride of ownership, meticulously maintained over the last 18 years. The main unit boasts water views from every main living area, tons of natural light, 4 bedrooms and 2.5 bathrooms. Plenty of entertainment space with multiple balconies, patio, grass space, 3 living rooms/ family rooms and direct sand access to enjoy water activities. This one-of-a-kind property also includes (1) 2 bed/2.5 bath and (4) 1 bed/1 bath units, currently rented below market value rents. There is potential to increase the NOI by bringing all rents to market rates. The main 4 bed/2.5 bath unit is an extremely successful vacation rental, continuously booked year-round. Additional income from the laundry machines on the property. Each unit is individually metered for electricity, with a new roof installed in 2021. This property has been self-managed for the last 18 years by the current owners, ensuring exceptional care. This rare offering presents a unique opportunity to add a highly sought-after asset to your commercial real estate portfolio. Don't miss out on this chance to acquire a well-maintained property in a prime location.More details
Bay Front Duplex!! Immerse yourself in the active lifestyle of Mission Bay with this east-facing property boasting uninterrupted views. Wake up to the energy of the bay, a hub for sailing, rowing, wakeboarding, stand-up paddling, and countless other activities, all accessible just steps from your door. This property, one of only ten with a grassy front leading to the sand, is directly across from the Mission Bay Aquatic Center and a short stroll from the Mission Beach boardwalk, stretching all the way to Pacific Beach.More details
Listed by Pacific Sotheby's Int'l Realty and Datashare CLAW Default Office Don't Delete
Sterling Terrace Apartments is an exceptional 18-unit apartment building located in the heart of San Diego, California. This property offers a coveted central location, ensuring residents enjoy convenient access to Downtown San Diego and nearby employment hubs. Situated on a corner lot and featuring a gated community, Sterling Terrace Apartments provides tenants with a tranquil living environment within the Chollas Creek Community. Additionally the property has been extensively renovated inside and out. Exterior renovations of note include: New Roof, Freshly Paved Parking, New Gates, Landscaping, Paint, Windows, and More.More details
**Investment Opportunity: 5 Units on 2 Parcels for Sale** An excellent opportunity to purchase five units across two parcels. These properties underwent extensive renovations from late 2022 into 2023. The townhomes at 838 and 840 are currently occupied by excellent long-term tenants, each generating a monthly rent of $5,500. Each townhome features two large bedrooms with en-suite bathrooms, effectively providing dual master suites on the upper floor. The interiors have been upgraded with stylish flooring, modern kitchen designs, and updated bathrooms. Additional enhancements include new garage doors for each single-car garage and tasteful landscaping. A feasibility study indicates the potential for one ADU and a junior ADU (500 sq ft) per parcel. 842, 848, and 850 has 3 Units. 848 and 850 are studio apartments leased at $2,900 and $2,500 respectively. These studios boast contemporary renovations with modern kitchens, elegant bathrooms, inviting patios, and the convenience of four parking spaces. Unit 842 is a fully furnished, standalone home, presenting a lucrative investment opportunity on Airbnb, bringing in approximately $8,900 per month. This home features a spacious yard, two bedrooms, two bathrooms, and an open-concept kitchen with modern finishes. The peaceful setting and ample parking add to its appeal. Located within walking distance of the renowned Del Mar Race Track, beautiful beaches, and a variety of dining, shopping, and entertainment options, these properties offer a rare and valuable investment opportunity. Don’t miss out!More details
4349-55 Arizona St San Diego CA 92104 APN#445-351-06-00 to be included in the sale. We are pleased to present this amazing opportunity with multiple value add opportunities and strong existing income ($20,650 monthly gross income). This site presents an increasingly rare urban infill opportunity to purchase two 7,000 SF lot (approx. 14,000 SF), with (8) income generating residential units in the heart of San Diego's hippest neighborhood, North Park. The base zoning on this lot is RM-3-9 allowing for residential development with a 60-foot height limit, 2.7 FAR, and a density of 1 per 600 Sf. To increase density further, the micro unit density bonus can be used to double the existing density, or the Complete Communities program can be used to build 96 units. Alternatively, the current structures include (8) garages that can be converted to (4) ADUs. The units feature fully renovated interiors with W&D's in each and private fenced yards for all units.More details
Newly renovated 4-unit investment property nestled in the sought-after Pacific Beach neighborhood of San Diego. Each expansive unit distinguished by its own unique layout, bed/bath count and charm, the property encompasses a total of 11 bedrooms and 8 bathrooms. This is a perfect opportunity for a 1031 exchange. Updates include 30 yr roof, updated rain gutters, fascia and sub roofing, wrought iron security gates w key code access, hard wired security camera installation, updated fencing and turf, new A/C/heat in all units, dual pane windows and sliders, modern garage doors + lift systems and Tesla EV Charging station. Laundry in 2 units + onsite laundry. Unit interiors have been meticulously upgraded with stainless steel appliances, quartz countertops, luxury vinyl plank flooring, electric fireplaces, recessed lighting, custom light fixtures, LED mirrors in bathrooms and more. Within 5 blocks to Mission Beach and 1 block to Sail Bay, this opportunity is a rarity in Pacific Beach for its cash flow, so do not miss your chance to own this incredible investment.More details
Capture the coastal lifestyle in this unique investment opportunity with two separate homes on the same .51 acre lot, being sold together. Each home has a unique address, its own yard, separate driveway, sdge & wifi. Opportunity to support multi-generational living or further develop lot just one mile from the beach. 3BD/2BA main home is filled w/ Southern CA charm. Details like the flip-out kitchen window out to your back-deck & spacious yard, & solar panels make for a beautiful coupling of lifestyle & functionality. Walk into a stunning open concept space that connects your living, dining, & kitchen. Vaulted ceilings with 3 skylights and beautiful wooden beams. Updated kitchen complete with custom cabinetry, Thermador 36” Stove, Sharp Drawer Microwave, & Sub Zero Fridge/Freezer Drawers. Your yard has no shortage of space with a shaded fire-pit area as well as turf lawn and activity area.More details
Located in the heart of Encinitas just steps away from Moonlight Beach and 3 blocks to shops and restaurants. Opportunity awaits with the ability for short- or long-term rental for the main house and/or the separate ADU. Priced to sell and under replacement cost. Experience breathtaking ocean views just steps away from Moonlight Beach. This meticulously crafted residence, custom-built in 2013, boasts a thoughtfully designed layout. The main house features two bedrooms downstairs and an awe-inspiring primary suite on the upper level alongside a spacious kitchen, inviting living and dining areas, and an expansive outdoor balcony. A detached guest house rests above the detached three-car garage. Inside, tall ceilings flood the interiors with natural light, creating an ambiance of spaciousness and serenity. Indulge in the ultimate coastal lifestyle on the expansive rooftop deck, where panoramic ocean views await. Plenty of parking with your own detached 3 car garage. Embrace the convenience of being mere moments away from some of the area's finest beaches, acclaimed restaurants, and shops. Custom finishes throughout, including elegant limestone floors, distinctive barrel roof ceilings, and exposed wood beams. Additionally, this residence is equipped with solar panels and a tankless hot water heater, ensuring both efficiency and sustainability.More details
Listed by Douglas Elliman of California, Inc. and Douglas Elliman of California
Experience the captivating charm of oceanfront living with this extraordinary property perched on the edge of Sunset Cliffs, offering a rare opportunity to invest in premium real estate in San Diego. Comprising four units, this unique property features two identical buildings, each containing two thoughtfully designed units. Every unit includes one bedroom, one bathroom, a private living area, and a fully equipped kitchen, reflecting the pinnacle of luxurious coastal living. For those with a vision for development, this property is located within a Transit Priority Area and falls under the Complete Communities Initiative, providing a 2.5x Floor Area Ratio (FAR) with no parking requirements. This feature makes the property a prime candidate for expansion or further development. Adding to its appeal is a preexisting seawall, offering protection and stability against coastal erosion and ensuring the property's longevity. With redevelopment in mind, proposed plans for this site include converting it into a stunning three-story apartment complex, providing ample opportunity to create a truly remarkable oceanfront living experience. Embrace the beauty of coastal life and take advantage of this outstanding investment opportunity in San Diego's prestigious oceanfront real estate market.More details
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