Commercial Real Estate in San Diego available for sale
San Diego Investment Properties For Sale

Investment Properties for Sale in San Diego, CA, USA

More details for 1055 21st Street, San Diego, CA - Multifamily for Sale

1055 21st Street

San Diego, CA 92102

  • Investment Property
  • Multifamily for Sale
  • $2,694,022 CAD
  • 2,664 SF
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More details for 243 Dahlia Ave, Imperial Beach, CA - Multifamily for Sale

243 Dahlia Ave

Imperial Beach, CA 91932

  • Investment Property
  • Multifamily for Sale
  • $4,420,960 CAD
  • 3,736 SF
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More details for 4685 Hamilton St, San Diego, CA - Multifamily for Sale

4685 Hamilton St

San Diego, CA 92116

  • Investment Property
  • Multifamily for Sale
  • $2,762,409 CAD
  • 2,008 SF
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More details for 1028 Cesar Chavez Pky, San Diego, CA - Land for Sale

Mixed Use Development Opportunity - 1028 Cesar Chavez Pky

San Diego, CA 92113

  • Investment Property
  • Land for Sale
  • $2,555,729 CAD
  • 0.16 AC Lot

San Diego Land for Sale - Southeast San Diego

Unlock a once-in-a-lifetime investment in one of San Diego’s most dynamic growth corridors. This corner-lot property sits in a highly coveted Opportunity Zone, offering substantial tax advantages through Qualified Opportunity Funds. With CN 1-4 zoning and a generous 65-foot height allowance, developers can envision a transformative mixed-use project featuring 35+ residential units complemented by ground-floor retail. The site’s dual street frontage and alley access create superior design flexibility for a complete community concept. Strategically positioned near major public transit, the property may qualify for Complete Communities and Bonus ADU programs, amplifying density potential. Future upside is even greater with pending SB-79 legislation, which could unlock additional unit capacity. Currently, five detached homes generate approximately $10,000 monthly, delivering strong interim cash flow during planning and entitlement phases. Recent capital improvements—nearly $100,000 in upgrades including new sewer, water, electrical service, and a full remodel—reduce development risk and enhance holding value. Enjoy sweeping views of Downtown San Diego and Petco Park, with quick access to Coronado, Chicano Park, and the Navy Base. This rare urban infill site combines location, zoning flexibility, and income stability, making it an exceptional buy-and-hold or development play in one of Southern California’s trendiest markets.

Contact:

Compass Real Estate

Property Subtype:

Commercial

Date on Market:

2025-12-08

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More details for 1476-80 Pescadero Dr, San Diego, CA - Multifamily for Sale

1476-80 Pescadero Dr

San Diego, CA 92107

  • Investment Property
  • Multifamily for Sale
  • $9,325,462 CAD
  • 4,334 SF
  • Kitchen
  • Smoke Detector
  • Waterfront

San Diego Multifamily for Sale - Old Twn/S Arena/Pt Loma

Unobstructed true oceanfront multifamily asset located in San Diego’s highly coveted Sunset Cliffs corridor. This turn-key coastal property features a blend of upgraded primary rental residences and additional well-finished studio spaces, offering multiple operational strategies and excellent revenue diversity (buyer to verify use). Three spaces currently operate as high-performing short-term rentals exclusively through VRBO, producing strong year-over-year income with consistent occupancy, repeat guest traffic, and opportunities for further optimization. The remaining rental spaces are month-to-month, providing immediate upside through repositioning or conversion. Recent renovations completed between 2020–2025—including modern interior upgrades, updated kitchens and baths, dual-pane windows, LVP flooring, improved exterior elements, and new garage doors and staircases—reduce near-term capital expenditure needs and support efficient ownership. The property’s commanding ~280° oceanfront view orientation enhances rental demand and long-term asset value. A four-car garage offers rare onsite parking in a coastal zone with limited availability. With its combination of stable cash flow, flexible rental configuration, extensive renovations, and irreplaceable oceanfront frontage, this asset represents a high-quality investment opportunity in one of Southern California’s most supply-constrained and desirable multifamily submarkets.

Contact:

Pacific Sotheby's International Realty

Property Subtype:

Apartment

Date on Market:

2025-12-01

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More details for 4851-4855 Narragansett Ave, San Diego, CA - Multifamily for Sale

4851-4855 Narragansett Ave

San Diego, CA 92107

  • Investment Property
  • Multifamily for Sale
  • $4,972,198 CAD
  • 3,280 SF
  • Air Conditioning
  • Smoke Detector

San Diego Multifamily for Sale - Old Twn/S Arena/Pt Loma

Convert to 8-units! Updated 4-unit in Ocean Beach, only 2.5 blocks from the sand! Each unit has its own 2 car garage, separate electrical & water meters and laundry hook-ups. This versatile compound includes a 3BR/2BA front home, a detached updated large Studio, & two mirror-image 2BR/2BA townhomes. 8 bedrooms total and a stellar outdoor area with garden setting. Each unit has a 2- car garage, and separate electrical & water meters, and in-unit laundry hookups, making this an exceptional income property or multi-generational living opportunity. It's believed that you can convert the 4 garages to units, buyer to investigate. || Unit 1: 3BR/2BA Single-Family Home (Approx. 1,100 sq ft): Features central AC , beautiful hardwood flooring, ample cabinetry, quartz countertops, newer appliances, updated lighting, and fresh paint. The large driveway provides 4 extra parking spaces. || Units 2 & 3 :Two Updated 2BR/2BA Townhomes: Each townhome features high vaulted ceilings, modern kitchens and baths, luxury vinyl plank flooring, large private patios/decks, indoor laundry hookups, and additional storage. Believed to have been built to condo specifications, offering potential for separate resale. || Unit 4 : Detached Updated Studio: Perfect as a guest unit, rental, or in-law suite. || Additional highlights include 2 EV chargers, easy walking access to beach, shopping, and dining. A built-in laundry room for cleaning crews or shared machines. Additional Storage shed for beach chairs and umbrellas. Currently operated as a high-performing Airbnb attracting wedding groups, corporate stays, and family vacationers.

Contact:

The Agency

Property Subtype:

Apartment

Date on Market:

2025-11-30

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More details for 2919 Ivy St, San Diego, CA - Multifamily for Sale

The Heron On Ivy Vacation Rentals - 2919 Ivy St

San Diego, CA 92104

  • Investment Property
  • Multifamily for Sale
  • $3,585,122 CAD
  • 1,800 SF

San Diego Multifamily for Sale - Park East

CBRE is pleased to present 2919 Ivy Street, a rare opportunity to acquire a 4-unit multifamily property located in the heart of the highly coveted South Park (NSD) neighborhood. Positioned on a quiet residential street overlooking Balboa Park, this boutique asset—known as The Heron on Ivy—off ers a compelling combination of modern finishes, immediate cash fl ow and long-term value stability in one of San Diego’s most supply-constrained rental markets. The property is comprised of four fully furnished studio apartments, each approximately 450 square feet and generating an eff ective gross income of $17,587 per month, or $211,054 the trailing 12 months. Each unit has been thoughtfully designed and recently remodeled to refl ect a sophisticated urban aesthetic, featuring open layouts, abundant natural light, and high-quality finishes. The units are separately metered and include utilities and high-speed internet, providing a turnkey operation with minimal management burden. Notably, the location delivers outstanding walkability: the address achieves a Walk Score® of 88 out of 100 (Very Walkable) - meaning tenants can accomplish most errands on foot. The property is steps from the neighborhood’s favored dining, coff ee and wine-bar destinations including Café Madeleine, The Rose and Station Tavern, enhancing tenant retention and rental attractiveness. This off ering presents investors with a rare chance to own a stabilized, designforward asset in a high-barrier-to-entry neighborhood. South Park’s enduring appeal, strong rent fundamentals and limited new supply position 2919 Ivy Street as a premier opportunity for both stable income and long-term appreciation. LOAN MUST BE ASSUMED: $1,000,000 loan, assumed at 5% interest, balloon in Nov 2027, amortized over 30 years.

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2025-11-25

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More details for 3941 Georgia St, San Diego, CA - Multifamily for Sale

3941 Georgia St - 3941 Georgia St

San Diego, CA 92103

  • Investment Property
  • Multifamily for Sale
  • $3,177,565 CAD
  • 2,478 SF
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More details for 3953 Oregon St, San Diego, CA - Land for Sale

3953 Oregon St

San Diego, CA 92104

  • Investment Property
  • Land for Sale
  • $5,318,967 CAD
  • 0.32 AC Lot
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More details for 4344 Van Dyke Ave, San Diego, CA - Multifamily for Sale

Van Dyke Apartments - 4344 Van Dyke Ave

San Diego, CA 92105

  • Investment Property
  • Multifamily for Sale
  • $4,420,960 CAD
  • 5,616 SF
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More details for 1152 Pacific Beach Dr, San Diego, CA - Multifamily for Sale

1152 Pacific Beach Dr

San Diego, CA 92109

  • Investment Property
  • Multifamily for Sale
  • $5,381,137 CAD
  • 4,628 SF
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More details for 3381-3387 El Cajon Blvd, San Diego, CA - Retail for Sale

3381-3387 El Cajon Blvd

San Diego, CA 92104

  • Investment Property
  • Retail for Sale
  • $1,657,859 CAD
  • 2,640 SF
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More details for 1561-1575 9th Ave, San Diego, CA - Land for Sale

Development Potential - 1561-1575 9th Ave

San Diego, CA 92101

  • Investment Property
  • Land for Sale
  • $9,843,543 CAD
  • 0.35 AC Lot

San Diego Land for Sale - Downtown

The Wilson Apartments represent a rare opportunity to acquire a prime development site in San Diego’s historic Cortez Hill District, one of Downtown’s most desirable residential neighborhoods. The offering consists of two parcels totaling 15,000 square feet at the top of Cortez Hill, located at 1560–1572 10th Avenue and 1561–1575 9th Avenue, San Diego, CA 92101. The existing improvements include five multifamily buildings constructed circa 1930, comprising 13 rental units with a total rentable square footage of 7,738. There are nine units across two apartment buildings on 9th Avenue (ten 1BR/1BA, one 2BR/1BA, and two studios/1BA), along with four units within three cottages along 10th Avenue, including one duplex cottage. The property also includes 12 parking spaces, with nine open stalls and three garages. These character-rich buildings generate immediate rental income and provide investors with flexibility — either to enhance the existing apartments as a value-add opportunity or to hold as a true covered land play while entitling and planning for future redevelopment. The property’s location at the top of Cortez Hill offers a rare elevated infill site with views and neighborhood character, while also being just blocks from Downtown’s Central Business District, San Diego’s major employment hub. It provides easy regional access via Interstate 5, State Route 163, and State Route 94, and is within walking distance to Balboa Park and the San Diego Zoo. The property is zoned CCPD-R, which permits multifamily residential uses with a maximum FAR of 8.0. It is also located within the Complete Communities District, where FAR limits are effectively waived, further enhancing redevelopment potential. Recent trends in Uptown and Downtown San Diego have seen the razing of older improvements for high-rise apartment projects, reflecting strong demand for infill sites in this submarket. With 15,000 square feet of land across two contiguous parcels, the property is well-positioned for a large-scale multifamily project, taking advantage of the area’s high-density entitlements and robust demand for housing. The Wilson Apartments offers investors and developers an unparalleled opportunity to control a premier site in one of San Diego’s most dynamic and historic neighborhoods. With strong in-place income, exceptional zoning flexibility, and clear demand drivers, this property represents a generational development opportunity at the intersection of history, location, and growth.

Contact:

ACRE Investment Real Estate Services

Property Subtype:

Commercial

Date on Market:

2025-11-07

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More details for 2816-18 Columbia Street, San Diego, CA - Multifamily for Sale

PLUS 2830 Columbia Assemblage Panoramic Views - 2816-18 Columbia Street

San Diego, CA 92103

  • Investment Property
  • Multifamily for Sale
  • $5,249,890 CAD
  • 1,284 SF
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More details for 7393 El Cajon Blvd, La Mesa, CA - Retail for Sale

7393 El Cajon Blvd

La Mesa, CA 91942

  • Investment Property
  • Retail for Sale
  • $3,868,340 CAD
  • 1,100 SF
  • Air Conditioning
  • Controlled Access
  • Restaurant
  • Smoke Detector

La Mesa Retail for Sale - East County

Pacific Coast Commercial is pleased to exclusively represent the opportunity to Purchase or Lease the newly constructed (2021) Quick-Service Restaurant (QSR) located at 7393 El Cajon Blvd in the La Mesa area of San Diego, CA! This nicely configured property offers a drive-thru and walk-up-only QSR building and rare Owner-User opportunity in one of Southern California’s most dynamic and expanding corridors. Located in La Mesa — affectionately known as “The Jewel of the Hills” — this site sits at the gateway between the City of San Diego and the thriving College Area Business District, home to San Diego State University (SDSU) and its 43,000 students. La Mesa is a city that blends small-town charm with metropolitan energy. Just nine square miles in size, it’s nestled in the rolling hills east of downtown San Diego, offering a tight-knit community feel with access to major urban amenities. The city has seen steady population growth of 3–5% annually since 1990, driven by its livability, transit access, and proximity to major employment centers. With over 25,000 housing units — 95% of which are occupied — La Mesa is a magnet for both young professionals and retirees alike, boasting a proportionally higher senior population than most San Diego County jurisdictions. 7393 El Cajon Blvd is positioned just 0.9 miles from the 70th Street exit off Interstate 8, placing it within minutes of key regional destinations: - 1.2 miles from La Mesa Village Plaza - 1.3 miles from Costco - 2 miles from Spring Street Station (Downtown La Mesa) - 2.1 miles from Grossmont Center shopping mall - 2.5 miles from SDSU - 2.6 miles from Grossmont Hospital It’s also a short drive to Mission Valley, Downtown San Diego, and San Diego International Airport — making it a strategic location for brands looking to expand into the broader metro area. Property Highlights: - New Construction (2021): Purpose-built for drive-thru and walk-up service — no dine-in footprint - Prime Location: Surrounded by high-density residential and transit infrastructure - Built-in Foot Traffic: Adjacent to 45 two-bedroom units in the Trio Townhomes community - Transit-Oriented: Located directly in front of the El Cajon Blvd & Jessie Ave MTS Bus #1 stop - Site Size: 11,625 SF lot (0.27 acres) with excellent access and visibility - Building Specs: 1,004 SF with walk-in configuration, 9’ hood, and grease interceptor Demographic Snapshot: - 484,421 residents within a 5-mile radius - $102,191 average household income within 3 miles - San Diego Metro Area population projected to reach 3,373,000 in 2025 — a 0.84% increase from 2024 This currently VACANT site is ideal for expanding QSR brands seeking a high-visibility, high-traffic location with a proven demographic profile and strong surrounding residential density. Whether you're a drive-thru coffee concept, frozen treat brand, or walk-up-only operator, 7393 El Cajon Blvd offers a turnkey solution in a growth-oriented market. Contact Agent for Rates and Terms

Contact:

Pacific Coast Commercial

Property Subtype:

Fast Food

Date on Market:

2025-09-19

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More details for 1352-1364 Sunset Cliffs Blvd, San Diego, CA - Multifamily for Sale

Beach Cliff Villas - 1352-1364 Sunset Cliffs Blvd

San Diego, CA 92107

  • Investment Property
  • Multifamily for Sale
  • $13,401,035 CAD
  • 6,309 SF
  • Waterfront

San Diego Multifamily for Sale - Old Twn/S Arena/Pt Loma

We are pleased to present Beachcliff Villas, a truly rare cliff-top, six-unit vacation rental community perched directly above the Pacific Ocean on an expansive 17,259 SF parcel. Offering irreplaceable panoramic ocean views, Beachcliff Villas provides exceptional flexibility—whether continuing operations as a high-performing vacation rental property or pursuing redevelopment opportunities. According to local architectural review, the site may allow approximately 12,000 SF of buildable area, with conceptual renderings prepared for five ultra-luxury three-bedroom townhomes. Additional architectural renderings illustrate what a comprehensive remodel of the existing structure could look like, including potential for reinforcing the footings and adding a third floor of approximately 3,000 SF, further enhancing long-term value. Nestled quietly at the intersection of Ocean Beach and Point Loma, the property sits within one of San Diego’s most coveted coastal enclaves—an area defined by its residential character, scenic bluffs, and proximity to the best of Southern California’s coastal lifestyle. The existing building totals 5,084 SF, consisting of one 2-bedroom/1.5-bath unit (900 SF), four 2-bedroom/1-bath units (870 SF each), and one 1-bedroom/1-bath unit (704 SF). The property includes four single-car garages, six off-street parking spaces, and approximately 950 SF of shared space including a lobby/storage area and conference room. Each unit features hardwood floors, granite countertops, and fully furnished kitchens and living areas—ideal for short- or long-term occupancy. Beyond residential use, the site presents unique event potential. With its oceanfront setting and open layout, Beachcliff Villas could serve as a boutique wedding or event venue, capitalizing on the growing demand for coastal celebrations in San Diego. Consultation with local event operators, such as Wedgewood Weddings, could help quantify this opportunity, with annual revenue potential exceeding $500,000 through property-wide rentals and special events. The property embodies the essence of Southern California coastal living, offering both serenity and investment opportunity. Whether through luxury redevelopment, event activation, or a high-end remodel, Beachcliff Villas stands as a rare chance to own one of San Diego’s few remaining oceanfront assets with significant upside potential. Beachcliff Villas is conveniently located just: ~10 minutes from SeaWorld ~12 minutes from San Diego International Airport ~15 minutes from the Gaslamp Quarter ~18 minutes from Balboa Park and the San Diego Zoo

Contact:

CBRE

Property Subtype:

Apartment

Date on Market:

2025-10-28

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More details for 4626 32nd St, San Diego, CA - Multifamily for Sale

4626 32nd St

San Diego, CA 92116

  • Investment Property
  • Multifamily for Sale
  • $2,624,945 CAD
  • 1,525 SF

San Diego Multifamily for Sale - Uptown East

Whitewater Commercial Real Estate is pleased to present a modern 12-unit permit-ready (RTI) multifamily development opportunity with an existing fully renovated duplex located in the heart of Normal Heights, just steps from the Adams Avenue corridor. Situated on a 6,250 SF lot, the property currently features a renovated duplex, single-family home, and detached shed. Utilizing the City of San Diego's ADU Bonus Program, the approved plans call for demolition of the single-family home and shed and construction of a new 12-unit multifamily building behind the existing duplex. Plans will be delivered fully approved and ready to issue upon payment of final permit fees. The new 12-unit building will consist of (7) market-rate 1BD/1BA units, (4) moderate-income units (110% AMI), and (1) inclusionary low-income unit (60% AMI) across three stories, with private decks for all but one unit. Unit sizes range from approximately 430–450 SF. The existing single-story duplex will remain as part of the property and includes (2) fully renovated 1BD/1BA units of approximately 400 SF each, providing immediate rental income and flexibility during construction. Located less than a block south of Adams Avenue, 4626 32nd Street offers excellent walkability to neighborhood cafés, restaurants, and retail. With quick access to the 805, 8, and 15 freeways, the site provides easy commutes to Mission Valley, North Park, and Downtown. The property's efficient all-one bedroom unit mix and central infill location make this an ideal build-for-sale or long-term investment opportunity in one of San Diego's most dynamic neighborhoods.

Contact:

Whitewater Commercial Real Estate

Property Subtype:

Apartment

Date on Market:

2025-10-24

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More details for 1705-1715 Glenwood Dr, San Diego, CA - Multifamily for Sale

1705-1715 Glenwood Dr

San Diego, CA 92103

  • Investment Property
  • Multifamily for Sale
  • $2,735,469 CAD
  • 2,250 SF
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More details for 1951 Hornblend St, San Diego, CA - Multifamily for Sale

1951-1955 Hornblend - 1951 Hornblend St

San Diego, CA 92109

  • Investment Property
  • Multifamily for Sale
  • $3,384,797 CAD
  • 6,251 SF

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

Located in the heart of Pacific Beach, this fully occupied triplex presents a stabilized multifamily investment with strong upside potential. Positioned on a full-size 6,251 square foot lot just 11 blocks from the beach and minutes from the pier, the property offers residents convenient access to popular shopping, dining, and lifestyle destinations, including CVS, Ralphs, Vons, Trader Joe’s, Starbucks, and nearby malls. Its central location also places it within a short drive of downtown San Diego, La Jolla, and three major universities—USD, SDSU, and UCSD—making it a highly attractive rental choice for tenants seeking both coastal living and urban convenience. The property encompasses approximately 3,150 square feet of improvements and features a front five-bedroom, two-bath unit of roughly 1,450 square feet, along with two rear twin units, each offering two bedrooms and one-and-a-half baths at about 1,025 square feet. All units are currently tenant-occupied and in turn-key condition. In addition, two 450-square-foot garages present excellent ADU development potential, creating an opportunity to add value and increase future rental income. With San Diego’s CO-1-2 mixed-use zoning, the property benefits from flexible development options ranging from commercial and mixed-use to multifamily, further enhancing its long-term investment appeal. Reach out for a full offering memorandum.

Contact:

Backyard Brokerage INC

Property Subtype:

Apartment

Date on Market:

2025-10-03

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More details for 1561-1575 9th Ave, San Diego, CA - Multifamily for Sale

Wilson Apartments - 1561-1575 9th Ave

San Diego, CA 92101

  • Investment Property
  • Multifamily for Sale
  • $9,843,543 CAD
  • 7,738 SF

San Diego Multifamily for Sale - Downtown

The Wilson Apartments represent a rare opportunity to acquire a prime development site in San Diego’s historic Cortez Hill District, one of Downtown’s most desirable residential neighborhoods. The offering consists of two parcels totaling 15,000 square feet at the top of Cortez Hill, located at 1560–1572 10th Avenue and 1561–1575 9th Avenue, San Diego, CA 92101. The existing improvements include five multifamily buildings constructed circa 1930, comprising 13 rental units with a total rentable square footage of 7,738. There are nine units across two apartment buildings on 9th Avenue (ten 1BR/1BA, one 2BR/1BA, and two studios/1BA), along with four units within three cottages along 10th Avenue, including one duplex cottage. The property also includes 12 parking spaces, with nine open stalls and three garages. These character-rich buildings generate immediate rental income and provide investors with flexibility — either to enhance the existing apartments as a value-add opportunity or to hold as a true covered land play while entitling and planning for future redevelopment. The property’s location at the top of Cortez Hill offers a rare elevated infill site with views and neighborhood character, while also being just blocks from Downtown’s Central Business District, San Diego’s major employment hub. It provides easy regional access via Interstate 5, State Route 163, and State Route 94, and is within walking distance to Balboa Park and the San Diego Zoo. The property is zoned CCPD-R, which permits multifamily residential uses with a maximum FAR of 8.0. It is also located within the Complete Communities District, where FAR limits are effectively waived, further enhancing redevelopment potential. Recent trends in Uptown and Downtown San Diego have seen the razing of older improvements for high-rise apartment projects, reflecting strong demand for infill sites in this submarket. With 15,000 square feet of land across two contiguous parcels, the property is well-positioned for a large-scale multifamily project, taking advantage of the area’s high-density entitlements and robust demand for housing. The Wilson Apartments offers investors and developers an unparalleled opportunity to control a premier site in one of San Diego’s most dynamic and historic neighborhoods. With strong in-place income, exceptional zoning flexibility, and clear demand drivers, this property represents a generational development opportunity at the intersection of history, location, and growth.

Contact:

ACRE Investment Real Estate Services

Property Subtype:

Apartment

Date on Market:

2025-10-03

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More details for 1202-1216 E 7th St, National City, CA - Multifamily for Sale

1202-1216 E 7th St

National City, CA 91950

  • Investment Property
  • Multifamily for Sale
  • $2,057,128 CAD
  • 4,409 SF
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More details for 904-914 24th St, San Diego, CA - Multifamily for Sale

904-914 24th St

San Diego, CA 92102

  • Investment Property
  • Multifamily for Sale
  • $3,799,262 CAD
  • 5,760 SF

San Diego Multifamily for Sale - Park East

Presenting 904-14 24th Street, an exceptional 8-unit apartment complex in the Western Slopes of San Diego’s vibrant Golden Hill neighborhood. Built in 1910, this historic property offers timeless charm and substantial value-add potential, with a coveted Walk Score of 89 reflecting its pedestrian friendly location. Spanning two parcels totaling 7,609 square feet and featuring approximately 5,760 rentable square feet, the asset boasts a diverse unit mix: one 2-bedroom/1.5-bathroom unit, three 2-bedroom/1- bathroom units, two 1-bedroom/1-bathroom units, and two studios (one non-conforming). The interiors have been thoughtfully maintained, showcasing built-in storage, vaulted ceilings, original hardwood floors, and abundant natural light from large windows. Investors can capitalize on untapped upside through targeted renovations and restorations, positioning the property to achieve market-leading rents and enhanced cash flow. Unused lot spaces between the buildings could allow for the potential construction of an ADU further increasing density and rental income. Ideally situated less than a block from Broadway, residents enjoy seamless access to Golden Hill’s eclectic dining, shopping, and cultural scene, with Balboa Park and major freeways (I-5 and SR-94) just moments away. This rare offering represents a prime opportunity to acquire a stabilized, income-producing asset with significant rental growth in one of San Diego’s most sought-after submarkets.

Contact:

Marcus & Millichap

Property Subtype:

Apartment

Date on Market:

2025-09-15

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More details for 2245 S Lanoitan Ave, National City, CA - Multifamily for Sale

2 on Lanoitan Avenue - 2245 S Lanoitan Ave

National City, CA 91950

  • Investment Property
  • Multifamily for Sale
  • $1,378,787 CAD
  • 2,125 SF

National City Multifamily for Sale

Two detached homes on one expansive 12,569 SF lot offering immediate income and long-term potential. The front house, built in 1976, is a 1,250 SF 3 bedroom, 2 bath residence with an attached two-car garage. Recent 2025 upgrades include a fully renovated kitchen with new cabinets, quartz countertops, appliances, fresh interior paint, new laminate flooring, and an extended concrete driveway. Additional improvements include new carpet (2023), new water heater (2024), roof replacement (2018), and fumigation/paint (2017). The back house, featuring 3 bedrooms, 1 baths, a one-car garage, and a large backyard. Recent updates include a new entry door (2025), modern kitchen appliances, upgraded windows, electrical panel, laminate flooring, water heater, and wall heater, with a roof replacement in 2009. Both homes have separate gas and electric meters with shared water and trash service. Stable long-term tenants are in place, generating a combined rental income of $4,890 per month. The property is zoned RS-2 with room to add an additional 1,200 SF ADU on the flat lot, plus extra parking added in 2025. Conveniently located near top schools, Kimball Park, Plaza Bonita Mall, Market on 8th dining hall, and just minutes to Downtown San Diego, Coronado beaches, and the airport, this is an exceptional opportunity for investors or owner-occupants seeking income, lifestyle, and future development potential.

Contact:

Starker West, Inc

Property Subtype:

Apartment

Date on Market:

2025-09-15

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