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$2,325,000
260016461SD MLS Active Status
FIRST TIME TO MARKET! Premium USD location, premium product, premium value add and upside potential! 5826 Lauretta is a 1993 construction, condo level quality property. The asset boasts large mostly 2BR 2BA floor plans, with a 3BR also included. The units feature fireplaces in most, balconies, and select units have great views. There is a considerable amount of upside in the rents, making this a great value add investment. A new roof placed in 2025 means a huge expense off the table for the buyer! The significant upside in the property can be found with the 7 single car garages, which can be converted into multiple ADUs, likely 3 at minimum. And the best thing is, there is an additional 6 off street parking spots at the property, meaning a buyer can add units and still retain significant parking. Contact listing agent for more info today!

5826 Lauretta Street, Old Town

$2,500,000
260014578SD MLS Active Status
Pleased to present the exclusive listing for 5752-58 Riley Street, an 8-unit value-add investment opportunity located in the highly desirable Morena submarket of San Diego, California. Originally constructed in 1958, the property offers classic architectural character featuring a pitched roof, low-maintenance common areas, and updated dual-pane vinyl windows installed throughout the building. The 4,574-square-foot property is situated on a 4,976 SF lot and consists of a diverse unit mix featuring (2) studios, (4) 1-bedroom / 1-bathroom units, and (2) 2-bedroom / 1-bathroom units. This specific unit mix caters perfectly to a broad urban tenant base, providing highly efficient layouts, including 1-bedroom floor plans that offer 76 more square feet of living space than nearby new construction, remaining consistently attractive to renters in the submarket. Current ownership has kept up on maintenance and completed a variety of capital improvements including LVP flooring, dual-pane vinyl windows in all units and passed SB721 inspection. Tenants amenities include on-site laundry, (5) off-street parking spaces and partial views of Mission Bay/Point Loma in select units.

5752 Riley St, Old Town

$3,390,000
260006537SD MLS Active Status
Lowest Coastal Price Per Unit! Introducing a fully renovated 12-unit apartment community in the heart of Bay Park, one of San Diego’s most walkable coastal neighborhoods. Located just blocks from Mission Bay and within walking distance to restaurants and bars, the property offers strong tenant appeal and everyday convenience. The unit mix includes 3 studios, 8 one-bedroom/one-bath units, and 1 two-bedroom/two-bath unit, all renovated through a city-permitted down-to-the-studs remodel. Improvements include a new fire sprinkler system, all-new plumbing and electrical, new drywall and insulation, secured gated access, and off-street parking. Each unit features modern interiors, upgraded finishes, and in-unit washers and dryers, supporting stable rental income and reduced maintenance. The property offers quick access to the Tecolote Trolley Station, Interstate 5, University of San Diego, Old Town, Fashion Valley, San Diego International Airport, Mission Bay, Fiesta Island, and Tecolote Park, placing major employment, transit, and recreation within minutes.

1315 Morena Blvd, Old Town

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.