North Park

Opportunity to acquire a 4-unit property with an additional rental —qualifying buyers for 2–4 unit VA or conventional financing while benefiting from the income of five rentals. The property features 4 garages with ADU potential, offering strong upside for investors looking to create equity. 2 units have been fully renovated, the 3rd unit has been upgraded and 4th is in original condition. Front house is 3BR/1BA with separate 4th BR + BA. The back structure is a triplex featuring a ground floor unit + shared laundry room and 4 garages with 2 units above the garages. Recent improvements include fresh exterior paint, trimmed palm trees, and completed SB 721 balcony inspections and repairs, positioning this as a turnkey opportunity with immediate income and future development potential.

This is a unique opportunity to own eight extensively renovated 500sf 1 Bed 1 Bath units in the premier North Park neighborhood of San Diego CA. Units are fully appointed with in-unit washer dryer, 2 zone mini-split ac units, vinyl plank floors, recessed lighting, ceiling fans, modern kitchen and bathroom finishes. Tenants enjoy Private balcony/patio space and dedicated onsite parking for each unit. The site is gated with a code lock. The building is all electric and has upgraded electrical subpanels. The building was constructed in 1977 and Renovated in 2020. Lot size is 6,974. Improved Space: 3,906 per title. Site offers desirable high density RM-3-9 Zoning (allows 1 dwelling per 600sf) which could open construction opportunity in the rear lot space. Up to 100% density bonus is allowed with deed-restricted units. Site is within Complete Communities FAR Tier 3 (6.5 FAR) and within Mobility Zone 2. These favorable zoning designations allow for increased density, waivers for development impact fees, and reduced parking requirements. This is an opportunity to entitle functional space while maintaining units for cash-flow.

Unit 107

Prime North Park/Hillcrest/Balboa Park Location, Unobstructive Views, Open Floorplan, Remodeled 'Island' Kitchen, Quartz Counters, Upgraded Appliances, Upgraded Flooring, Master Suite, Upgraded Master Bath, Recessed Balcony, Gated Community with Elevator, Underground Secure Parking Space #45 for 1 Car, Common Area Hot Tub, Some Guest Parking.

It is ready for sale. The property is in very good condition and conveniently located near transportation and shopping.

3970 Florida Street presents a rare opportunity to acquire a well-located multifamily asset in the heart of North Park, one of San Diego’s most supply-constrained and highly sought-after rental submarkets. The property benefits from strong in-place income with upside through continued rental growth and operational efficiencies. Situated on a prime urban infill lot, the property offers walkable access to dining, retail, nightlife, and major employment corridors, driving consistent tenant demand and long-term stability. 3970 Florida Street is ideally suited for investors seeking a core-plus multifamily asset in a premier San Diego location with long-term appreciation potential and optionality for future value enhancement.

Well-maintained 7-unit multifamily property located in the heart of North Park, one of San Diego’s most desirable rental submarkets. Constructed in 1990, the property offers newer vintage construction relative to surrounding housing stock and features a strong unit mix of (1) 2BR-2.5BA Townhome, (5) 2BR-2BA and (1) 1BR-1BA. The property is securely gated and offers 6 single-car garages, two of which are deep tandem garages, providing a parking configuration that aligns well with tenant preferences. All units have been updated with quartz countertops, wood flooring, stainless steel appliances, fireplaces, wall A/C units, and electric heaters. Select units feature vaulted ceilings, balconies, or private patios. Every unit is equipped with in-unit washer and dryer, a highly desirable amenity for tenants in this market. Additional construction features include stamped concrete hardscape throughout, steel stair risers with concrete steps, and a 30-year roof installed in 2018 with new fascia. Located within walking distance to North Park’s restaurants, shops, and everyday amenities, the property benefits from strong renter demand and long-term neighborhood appeal. This asset presents an attractive opportunity for investors seeking a stabilized, well-maintained multifamily property in a proven urban infill location.

Incredible potential in this 9-unit value-add building in the premium market of North Park, San Diego. The property features six 1-bed 1-bath and three 2-bed 1-bath units each with their own parking spot. The building has a community coin-op laundry room. The property has been well-maintained over the years, but there is an opportunity to renovate and lease at market rates. The location also provides an opportunity to redevelop and add additional units. Premium location with high rental demand. Three units left vacant intentionally by owner for pending sale.

Newly Renovated 1-Bedroom Retreat in the Heart of South Park! Experience the perfect mix of modern comfort and classic charm in this beautifully renovated 1 bed, 1 bath home in one of San Diego's most sought-after neighborhoods. Step inside to find an open, light-filled layout featuring brand-new flooring, fresh finishes, and central HVAC for year-round comfort. The upgraded kitchen boasts new stainless-steel appliances, sleek countertops, and modern cabinetry perfect for home chefs and entertainers alike. The cozy bedroom includes a spacious closet and ceiling fan, while the stylish bathroom offers a deep soaking tub ideal for relaxing after a day out. Enjoy the best of South Park living, just steps away from trendy coffee shops, local eateries, boutique shopping, and lush parks. With Balboa Park nearby, endless outdoor adventures and community events await. Every detail of this home has been updated for style and comfort making it the perfect South Park sanctuary. Don't miss your chance to call this modern retreat home! 12 month lease term. Deposit is equal to one month rent. Application fee is $60 per applicant.