1747-1749 Fern St

San Diego, CA 92102

• Airbnb Property
• Multifamily for Sale
• $2,796,212 CAD
• 1,100 SF

San Diego Multifamily for Sale - Park East

1747-1749 Fern Street presents a rare opportunity to acquire a fully operational short-term rental asset in San Diego’s highly sought-after South Park neighborhood. The offering consists of two detached single-family homes situated on a single 6,406-square-foot parcel, providing a unique combination of immediate income potential and future flexibility. The property includes a four-bedroom, two-bath residence at 1747 Fern Street and a three-bedroom residence at 1749 Fern Street, both currently operating as permitted Airbnb rentals. A key investment advantage is the presence of active short-term rental permits, a valuable entitlement in San Diego where permit availability has become increasingly limited in many neighborhoods. This allows a new owner to continue operations immediately without the uncertainty and timing associated with obtaining new approvals. The two separate structures offer operational flexibility while creating multiple income-generating opportunities from a single asset. The property is located in the heart of South Park, one of San Diego’s most established urban neighborhoods known for its walkability, independent businesses, dining destinations, and historic character. Residents and visitors enjoy convenient access to boutique retail, local restaurants, Balboa Park, North Park, Golden Hill, Downtown San Diego, and major employment centers throughout the region. The neighborhood's appeal to both leisure and business travelers supports consistent demand for short-term accommodations. Additional features include rear parking, on-street parking availability, and approximately 2,250 square feet of additional rear land area that may provide future utility subject to buyer investigation. This offering combines existing cash flow, operational flexibility, and a desirable infill location within one of San Diego's most recognized neighborhoods.

Contact:

Enduring Real Estate

Property Subtype:

Apartment

Date on Market:

2026-07-24

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1505 Fern St

San Diego, CA 92102

• Airbnb Property
• Multifamily for Sale
• $5,038,788 CAD
• 4,100 SF

San Diego Multifamily for Sale - Park East

We are pleased to present 1505 Fern Street, 1505½ Fern Street, 3034 Beech Street, 3036 Beech Street, and 3038 Beech Street—a rare opportunity to acquire a fully furnished, income-producing residential compound in the heart of San Diego’s highly desirable South Park neighborhood. Combining a restored historic residence, newly constructed ADUs completed in 2024, a transferable Mills Act designation, and a proven furnished rental platform, Fern Street offers a differentiated investment opportunity beyond traditional multifamily ownership. The property consists of five thoughtfully designed residences, including one threebedroom / 2.5-bath unit, one two-bedroom / 2.5-bath unit, two one-bedroom / one-bath units, and one studio / one-bath unit. Three permitted ADUs were completed in 2024, including two newly constructed rear units and a newly created studio residence. All units are delivered fully furnished and currently support a successful blend of vacation rentals and furnished mid-term stays. Rather than relying on a conventional apartment leasing model, Fern Street benefits from a flexible furnished rental strategy supported by strong historical operating performance. The property generated trailing twelve-month revenue of $296,225 and NOI of $193,651, while 2025 operations produced revenue of $285,558 and NOI of $191,431. This established operating history demonstrates the property’s ability to generate durable cash flow while preserving future ownership flexibility. Originally constructed circa 1912, the front residence has been extensively restored while preserving its historic character, complemented by three newly completed ADUs that offer modern construction standards and minimal deferred maintenance. The property’s unique configuration supports multiple ownership pathways, including furnished rental operations, owner-user occupancy, or a hybrid investment approach. Located just moments from Balboa Park and South Park’s vibrant collection of restaurants, cafés, boutiques, and neighborhood amenities, Fern Street offers investors a rare combination of proven income performance, furnished rental flexibility, transferable tax advantages, and an irreplaceable location within one of San Diego’s most sought-after urban neighborhoods.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2026-07-04

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813-15 Isthmus Court - 813 Isthmus Ct

San Diego, CA 92109

• Airbnb Property
• Multifamily for Sale
• $5,459,271 CAD
• 3,207 SF

San Diego Multifamily for Sale - PB/Rose Canyon/Morena

We are pleased to present 813–815 Isthmus Court, a rare & highly renovated duplex investment opportunity located in the heart of Mission Beach, one of San Diego’s most desirable coastal neighborhoods. Situated on a 0.06-acre lot and totaling approximately 3,207 square feet, the property offers an exceptional combination of location, functionality, and income potential just steps from the Pacific Ocean. The property consists of two fully furnished spacious turnkey residential units featuring a combined ten-bedroom layout. Each residence offers three bathrooms, vaulted ceilings, private balconies, in-unit stackable washer and dryers, tankless water heaters, and dual pain windows all under a new roof, creating an attractive living environment for both owner-occupants and renters. Both units include off street parking a highly valuable amenity in the Mission Beach market. Positioned just steps from Belmont Park, the Mission Beach Boardwalk, Starbucks, restaurants, shopping, and world-class beaches, the property benefits from one of San Diego’s strongest coastal rental markets. The flexible configuration provides an opportunity for an owner-user to occupy one unit while generating income from the other, or for investors to capitalize on the area's strong long-term and vacation rental demand. With its premier location and unique unit composition, 813–815 Isthmus Court represents a compelling opportunity to acquire a well-positioned coastal asset in a high-barrier-to-entry market.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2026-06-19

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658 Santa Fe Dr

Encinitas, CA 92024

• Airbnb Property
• Multifamily for Sale
• $3,994,589 CAD
• 3,980 SF

• Air Conditioning
• Kitchen
• Smoke Detector

Encinitas Multifamily for Sale - North Beach Cities

A rare coastal duplex that lives like two single-family homes, offering Peek-a-Boo ocean views in the heart of Encinitas. This exceptional side-by-side property features TWO spacious residences, each approximately 1,980 sq ft—larger than many single-family homes—offering 4 bedrooms and 2.5 bathrooms totaling to 3,960 sq ft with 8 bedroom, 5 bathrooms, 4 car garage situated on a approximately 10,000 sq ft of usable flat land. A versatile fourth bedroom with a private entrance and its own A/C mini-split is ideal for a home office, gym, guest suite, or in-law quarters. Fully renovated with stunning high-end finishes, including new roof, HVAC, windows, flooring, cabinetry, and countertops, the property delivers modern comfort and turnkey convenience. Each unit enjoys a large private backyard and a functional layout. Only the fourth bedroom/office, adjacent to the garage, shares one wall to ensure privacy. Situated minutes from Downtown Encinitas and Cardiff Town Center, on an expansive ~10,000 sq ft lot with 2-car garages for each unit plus additional parking for 6–7 vehicles or RV potential—an incredibly rare offering. Ideal for owner-users, investors, 1031 Exchange or short-term rental potential in a prime coastal location. No HOA! MULTI GENERATIONAL HOME.

Contact:

Keller Williams Larchmont

Property Subtype:

Apartment

Date on Market:

2026-06-15

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1130 Garnet Ave

San Diego, CA 92109

• Airbnb Property
• Retail for Sale
• $3,504,025 CAD
• 3,019 SF

San Diego Retail for Sale - PB/Rose Canyon/Morena

This unique mixed-use property along Garnet Avenue in San Diego’s Pacific Beach neighborhood presents an exceptional investment opportunity. The asset comprises approximately 3,019 square feet across two stories on a 0.14-acre parcel, prominently positioned along one of the area’s busiest retail and dining corridors. The ground floor features an established restaurant tenant under a NNN lease scheduled through December 31, 2026, providing steady income and reduced landlord responsibilities. The second-story residential unit, currently vacant and previously utilized as a short-term rental, offers flexible income potential through either continued hospitality use or market-rate housing. Situated just blocks from the Pacific Ocean, this property benefits from excellent visibility and consistent foot and vehicle traffic, reinforced by a dense local population and regional draw of Pacific Beach as a lifestyle destination. With CC-4-2 zoning, the property supports a variety of future mixed-use or redevelopment possibilities. Surrounding businesses include national brands, local restaurants, and essential services, making this a well-located asset with long-term upside for investors focused on stable income and coastal market appreciation.

Contact:

Voit Real Estate Services

Property Subtype:

Restaurant

Date on Market:

2026-05-29

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Mission Blvd Fourplex Pacific Beach - 3364-3370 Mission Blvd

San Diego, CA 92109

• Airbnb Property
• Multifamily for Sale
• $5,746,601 CAD
• 2,580 SF

San Diego Multifamily for Sale - PB/Rose Canyon/Morena

Exceptionally rare coastal multifamily investment opportunity located in the heart of Mission Beach/Pacific Beach, just steps to the sand and one block from Belmont Park. Situated directly on the strand with immediate sidewalk access to the beach, this 4-unit property offers significant income potential, future redevelopment possibilities, and irreplaceable coastal location value in one of San Diego’s most desirable beach communities. The property consists of four separate residential units with four private entrances, featuring an attractive unit mix of one 3-bedroom/2-bath unit approximately 930 square feet, one 2-bedroom/1-bath unit approximately 550 square feet, and two 1-bedroom/1-bath units approximately 550 square feet each, for a total of 7 bedrooms and 5 bathrooms. The two-story building includes shared outdoor patio areas ideal for grilling and entertaining, as well as an upper deck with ocean views from the second floor. Some renovations and improvements have already been completed, while substantial upside remains through additional modernization, repositioning, or redevelopment. The property is ideally suited for vacation rental use, owner-user investment, or long-term redevelopment strategy. Current ownership advises the property has historically operated with short-term rental use and buyers are encouraged to independently verify all STRO licensing requirements and future eligibility with the City of San Diego. Located within walking distance to the ocean, bay, restaurants, retail, nightlife, and major coastal attractions, opportunities to acquire multifamily properties in this location are extremely limited. Whether acquired as a legacy beach investment, value-add opportunity, vacation rental asset, or future redevelopment play, this property represents a premier coastal Southern California investment opportunity with long-term upside potential.

Contact:

Coldwell Banker Commercial-West

Property Subtype:

Apartment

Date on Market:

2026-05-28

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112-20 E Redwood St

San Diego, CA 92103

• Airbnb Property
• Multifamily for Sale
• $3,924,368 CAD
• 3,188 SF

• Kitchen

San Diego Multifamily for Sale - Uptown West/Park West

Rare 3-unit Banker's Hill investment, on the market for the first time in 22 years: engineered for the live-in investor who wants two rental incomes assisting with any mortgage payment while occupying a designer-finished home. Also ideal for multi-generational families seeking separate yet connected living spaces under one roof. Top-floor #120 (2BR/2BA, 909sf) carries $280K in PIRCH-sourced improvements: full marble-walled gas fireplace, Liebherr/Bosch chef's kitchen with wine cooler and skylight, spa-caliber primary bath, and a private yard. Lower #112 (2BR/2BA, 1,243sf) and upper-corner #116 (2BR/1BA, 1,216sf) each add two flexible bonus rooms, renovated kitchens, Carrara marble baths, restored hardwoods, wood shutters, AC, and bay/sunset views. Current rents $3,850/mo each on month-to-month leases; projected market gross $17,000/mo. Three single garages currently bundled with the units and available to unbundle for added income. Strong Airbnb upside: live in one, rent the other two short-term. Lush landscaping on a 5,236 sf lot, steps to Balboa Park, Little Italy dining, and the bay. Banker’s Hill is one of San Diego’s most sought-after uptown neighborhoods, perched on the bluff between Balboa Park and the bay withHillcrest just to the north and Little Italy steps to the south. The 112 to 120 Redwood Street homes sit on the quieter, west-facing side of this affluent enclave, where tree-lined streets, historic Craftsman and Victorian architecture, and modern luxury builds combine to create a walkable lifestyle that’s hard to replicate anywhere else in the city. Owners here trade the typical suburban routine for morning walks through Balboa Park’s 1,200 acres of museums, gardens, and trails, evenings at neighborhood staples like Cucina Urbana and Mister A’s, and weekend strolls across the historic Spruce Street Suspension Bridge or down the hill to Little Italy’s Saturday farmer's market. With sweeping views toward the bay, Coronado, and the Downtown skyline, immediate access to the I-5 and the 163, and a quick drive to the airport, Gaslamp, and the Coronado Bridge, Redwood Street delivers the rare combination buyers chase in central San Diego: a quiet residential street, an elevated city perspective, and a neighborhood that genuinely upgrades daily life. Vimeo walk through tours - https://vimeo.com/1190820535 for unit 120 and https://vimeo.com/1191969407 for units 112 & 116.

Contact:

Neuman Real Estate Inc

Property Subtype:

Apartment

Date on Market:

2026-05-17

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572 21st St

San Diego, CA 92102

• Airbnb Property
• Multifamily for Sale
• $1,709,964 CAD
• 2,145 SF

San Diego Multifamily for Sale - Southeast San Diego

PRICE REDUCED! CBRE is pleased to present 572 21st Street, a fully restored 3-unit property located in the evolving Sherman Heights neighborhood of San Diego, just east of Downtown. Owner-occupy the front vacant house and rent out the rear units to have the property pay for itself. Situated on a 4,254 square foot lot, the property consists of a two-story building totaling approximately 2,145 rentable square feet, offering a unique opportunity ideally suited for an owner-occupant, with additional appeal to investors. The property features one (1) three-bedroom / 1.5-bath unit newly vacant), one (1) one-bedroom / one-bath unit, and one (1) studio loft, providing a flexible layout ideal for an owner-occupant seeking to live in the primary residence while offsetting expenses through income generated from the remaining units. The three-bedroom unit is currently vacant, allowing for immediate occupancy, and is well-suited for personal use, livework, or potential office space. The additional units offer income potential through traditional leasing or short-term rental (subject to local regulations). The property’s configuration may also lend itself to alternative residential use scenarios (buyer to verify). The property may also qualify for residential 2–4 unit financing, allowing buyers access to 30-year fixed-rate loan options (rates subject to market conditions and buyer qualification). Originally constructed in a historic Victorian architectural style, the property has been extensively renovated, including upgrades to plumbing, electrical systems, drywall, and partial foundation improvements, resulting in a well-maintained asset with limited deferred maintenance. Each unit is individually sub-metered for water, allowing for efficient expense management. The property may also be eligible for Mills Act designation, which could provide substantial property tax savings (buyer to verify). Located in Sherman Heights, an urban infill neighborhood experiencing ongoing reinvestment, the property benefits from strong walkability and proximity to Downtown San Diego and Balboa Park, as well as convenient access to Interstate 5 and State Route 94. Residents enjoy access to a growing mix of restaurants, retail, and neighborhood amenities, further enhancing its appeal. With its flexible unit mix, historic character, and central location, 572 21st Street presents a compelling opportunity for an owner-occupant to enjoy urban living with supplemental income in one of San Diego’s most accessible neighborhoods.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2026-04-13

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