San Diego CA Real Estate & Commercial for Sale

Pleased to present Marlborough Villas Apartments for sale in a northern City Heights location. Completed in 1981, Marlborough Villas is a well-maintained apartment community featuring large floor plans with updated interiors. The unit mix includes twelve 2bd/1.5ba town homes, four 2bd/2ba flats, one large 3bd/2ba unit and one 1bd/1ba unit. All of the units have in-unit washer/dryers and private balconies or patios. There is assumable financing available with vastly superior terms than what an investor can get in today's market. The property was extensively renovated in 2007 with the intent to sell as condominiums. Renovations included new windows and doors, updated kitchens with new appliances, granite counter tops and in-unit washer/dryers. The property has a Final Map allowing a buyer to sell units as condominiums as a potential exit strategy.

On the market for the first time in 30 years, these two contiguous lots have been owned by the same family for nearly three decades. The property comprises 2 contiguous lots totaling 19,089 sq ft of land and an 8,227 sq ft building, both boasting 134 feet of frontage on bustling University Avenue in the heart of City Heights. With over 21,268 cars passing by daily, this prime location offers maximum exposure for any business and exceptional potential for developers, thanks to newly relaxed regulations on transportation corridors.

3738-3740 Van Dyke Avenue is an 11-unit apartment complex that consists of 7,584 rentable square feet situated on a 10,497 square foot lot with ample parking. The unit mix consists of six well laid out 2 Bedroom / 1 Bathroom units and five spacious 1 Bedroom / 1 Bathroom units. The property was built in 1980 and features three double car and two single car garages, common laundry facilities, and plenty of parking in the front. The property has been well-maintained and seven of the units have been remodeled. There is 2.98% assumable debt available due in December 2025.

3.03% INTEREST ONLY FINANCING THROUGH 2029! CASH FLOW!!! Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845 Chamoune Avenuea newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns. Boasting twenty-one meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams. Experience the pinnacle of comfort and convenience with ample off-street parking and on-site laundry facilities, elevating the resident experience and fostering long-term tenant satisfaction. Benefit from recent capital investments, including new roofs, fresh exterior paint, upgraded fencing, security systems, energy-efficient windows, and essential infrastructure enhancements such as rerouted water lines and interior unit upgradesensuring minimal maintenance costs and maximum tenant satisfaction. This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 6.5% (day 1!). With stable rental income and minimal expenses, investors can enjoy robust returns without delay. Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through 2029, further enhancing the property's affordability and profitability.

3 Contiguous Parcels in City Heights, totally 14,698 square feet. 4242, 4246, and 4252 40th Street sold as a portfolio for $2,250,000. Properties are zoned CUPD-CU-2-4 which is mixed use and allows for one dwelling per 600ft. In addition, properties lie within two different transit overlays and are in an opportunity zone. Properties are currently leased and income is attached.

This Wonderful Property Is Centrally Located Off University Avenue Between the 805 and 15 Freeways. It features a 2000+ square foot building that currently operates as a restaurant and food catering services. The space is ample with an industrial kitchen, two large walk-ins, storage space, guest seating space, and a food sales area. There are two bathroom spaces, one at the front of the building used for guests at the moment and one in the back used by the staff. The back of the building also has a small studio that can be an office, etc. The parking area is spacious with room for several vehicles and is gated with access from both the street and the alley in the back. The large gate access in the back is ideal for deliveries. There is tons of potential for this property. It is located in an area that has been seeing large amounts of redevelopment in the past few years.

5358-5360 Wightman is a 12-unit apartment complex constructed in 1965, gut renovated in 2023. 5358-5360 Wightman Street consists of approximately 3,969 rentable square feet situated on a +/- 7,283 square foot lot. The unit mix consists of five well-laid out 1 Bed / 1 Bath units and seven studio units. The property features all-new mini-split HVAC units, upgraded electrical, and all-new dual-pane windows. The property has been extensively remodeled with all-new quartz countertops, stainless steel appliances, tiled-in bathroom shower enclosures, and LVP flooring throughout all the units.