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$2,699,000
PTP2606902 MLS ⋅ Active Status
Exceptional value-add multifamily opportunity in the highly sought-after Mission Beach submarket. This 4-unit apartment property sits on an approximately 5,133 SF lot comprised of two APNs and offers a compelling investment profile with below-market rents, a vacant unit, and significant rental upside. The unit mix includes one 3-bedroom/2.5 bath unit, 2-bedroom/2-bath unit, and two 2-bedroom/1.5-bath units, providing strong tenant appeal in a supply-constrained coastal rental market. Current occupancy is 75%, with one vacant unit creating an immediate opportunity to establish market rent while preserving in-place cash flow from the occupied units. The property's location in Mission Beach benefits from exceptionally high barriers to entry, limited new multifamily development opportunities, and consistently strong demand for coastal housing. A standout feature is the extensive onsite parking, downstairs laundry facility, a storage room, including a 2-car garage, the other is a tandem 4-car with two additional spaces, giving this property 8 total parking spots! With one additional covered parking space, an increasingly scarce amenity in the coastal market. Positioned just 1 block from both the Pacific Ocean and the Mission Bay yacht club, the asset offers investors the opportunity to acquire a well-located coastal multifamily property with potential income growth and long-term appreciation in one of San Diego's most desirable beach communities. Property does present an opportunity for interior improvements and rental repositioning. Buyers to satisfy themselves regarding unit condition through seller-provided inspections and their own due diligence. Photos can be provided upon request. Don't miss this opportunity!

806 Manhattan Ct, San Diego
$1,750,000
NDP2607715 MLS ⋅ Active Status
Known as the Polk Avenue Apartments, this site is a multi-family residential property consisting of two separate low-rise structures set on a single corner lot. The buildings are mid-century style frame-and-stucco construction. The layout functions as a four-unit residential setup configured with a mix of one- and two-bedroom rental units. The property features off-street parking in the form of a garage structure, with additional room for vehicle spaces tucked toward the rear off the street. Neighborhood & Location: The site rests right on the border where North Park meets University Heights, two of San Diego’s most vibrant urban neighborhoods. Accessibility: It sits on the northwest corner of Arizona Street and Polk Avenue, just south of El Cajon Boulevard and a short walk from 30th Street—a corridor well-known for craft breweries, local coffee shops, diners, and boutique stores. Transit & Commute: The surrounding area is considered extremely walkable, with easy access to major bus lines along nearby arterial streets and rapid access to both the I-805 and CA-163 freeways. Local Attractions: It is located a quick drive away from Balboa Park, the San Diego Zoo, and the major medical centers in nearby Hillcrest.

4104 Arizona Street, San Diego

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.