San Diego Central Homes with Mixed Use Subtype

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Newest San Diego Central Homes with Mixed Use Subtype

$8,995,000

260024168SD MLS ⋅ Active Status

Rare investment opportunity featuring a $49,440/month NNN master lease with House of Metamorphosis, a well-established nonprofit operator with approximately 50 years in business, delivering stable, predictable income with minimal landlord responsibility. The property consists of 26 units, each with a private bathroom, purposefully designed for supervised residential care. The 8,450 SF building offers an average unit size of approximately 325 SF, maximizing income efficiency. Situated on a 7,000 SF lot with motel zoning, the property presents limited land value contribution; however, the zoning carries significant embedded entitlement value for SRO and behavioral health uses—an increasingly scarce and difficult-to-replicate asset class in San Diego. Investors are presented with a dual-path opportunity: continue operating with a reputable, long-term tenant under a true NNN structure, or reposition the asset for alternative residential or lodging uses, leveraging the existing 26-unit configuration and flexible zoning.

4017 42nd St, East San Diego

$6,900,000

260024136SD MLS ⋅ Active Status

Steel Street Residences presents a rare opportunity to acquire a brand-new 21-unit multifamily asset in central San Diego, offered at $6,900,000. Targeted for completion in late October to early November 2026, the project consists of two three-story buildings totaling approx. 7,668 SF on a 6,492 SF site. The mix includes nine 432 SF 1BR/1BA units, eight 315 SF 1BR/1BA units and four 315 SF studios. Every residence is planned with its own stacked washer/dryer, ductless mini-split HVAC, individual heat-pump water heater, refrigerator, range, dishwasher and disposal—high-demand features that distinguish this new construction from much of the surrounding rental inventory. Nine units are subject to recorded SDHC affordability requirements (2 at 50% AMI and 7 at 110% AMI); buyer to review and verify all applicable restrictions and qualification requirements. Located at 20–22 S. 33rd Street, the property offers exceptional access to Downtown San Diego, Naval Base San Diego and major transportation corridors including I-5, I-15 and SR-94. Public water/sewer, individual water submeters, NFPA 13 fire sprinklers and contemporary low-maintenance construction support efficient operations. Street parking only; no onsite stalls are planned. This is a compelling and unique opportunity to acquire newly built San Diego multifamily with strong renter amenities and a highly connected urban location.

20 S 33rd Street, Logan Heights

$2,700,000

260024052SD MLS ⋅ Active Status

Pleased to present 4119 Arizona St, an 8-unit, 5,776-square-foot multifamily community located in the desirable neighborhood of North Park, San Diego, and boasts a walk score of 93. Originally constructed in 1984, the property has been extensively renovated and has been well maintained. The offering is priced at $2,700,000 at a 5.42% cap rate. The building consists of eight units across an efficient mix of three 2-bedroom / 2-bathroom units (approximately 1000 SF), four 1-bedroom / 1-bathroom units (averaging 550 SF), and a studio (approx. 350 SF). Additionally, there are 9 off-street parking spaces, AC in all units, and a common laundry facility. This straightforward, highly usable layout caters to a broad urban tenant base and remains consistently attractive to renters in the submarket.

4119 Arizona St, North Park

$3,200,000

260024019SD MLS ⋅ Active Status

Exceptional North Park multifamily investment opportunity in one of San Diego’s most sought-after rental markets. Located in the heart of North Park, 4346 Texas Street features eight residential units on a well-positioned lot just steps from the neighborhood’s vibrant collection of restaurants, coffee shops, breweries, and local retailers. Residents enjoy the highly walkable location, with convenient access to North Park, University Heights, Hillcrest, Balboa Park, downtown San Diego, and major transportation corridors. The property's central location continues to attract a strong tenant base drawn to the area's unique blend of urban convenience and neighborhood charm. Whether you're an experienced multifamily investor or looking to expand your portfolio in one of San Diego's strongest rental submarkets, 4346 Texas Street presents a compelling opportunity to acquire an eight-unit asset with existing income, value-add potential, and long-term growth prospects in a premier infill location. The property offers immediate upside potential for investors seeking to increase income through lease-up strategies and rental optimization with the rare opportunity to unlock additional cash flow from day one.

4346 Texas St, North Park

$2,050,000

260023781SD MLS ⋅ Active Status

Opportunity to acquire 3312–3322 Lincoln Avenue, a fully renovated five-unit multifamily property located in the highly desirable North Park neighborhood of San Diego. Built in 1960 and fully renovated in 2020, the property features five cottage-style residences totaling approximately 2,050 rentable square feet on a 4,709-square-foot lot, with a unit mix of four (4) one-bedroom/one-bathroom units and one (1) studio. The property has been extensively improved inside and out with modern kitchens and bathrooms, vinyl plank flooring, recessed lighting, dual-pane windows, mini-split A/C, and select in-unit laundry. The cottage-style layout, private outdoor areas, and turnkey condition provide a unique residential setting with limited near-term capital requirements. Located in the heart of North Park, the property offers convenient access to the neighborhood’s dining, retail, entertainment, recreation, and major employment centers throughout central San Diego.

3312 Lincoln Ave, North Park

$3,700,000

260023699SD MLS ⋅ Active Status

We are pleased to present “Stonegate Manor,” a 19-unit multifamily community located in the City Heights neighborhood of San Diego, California.? Located at 3829 Marlborough Avenue, the property offers investors the opportunity to acquire a well-maintained asset with significant infrastructure improvements, upgraded unit interiors, abundant parking, and a highly efficient unit mix.? Built in 1972, the property is situated on an approximately 0.32-acre lot and is comprised entirely of nineteen (19) one-bedroom/one-bathroom units averaging approximately 600 square feet.? Ownership has completed substantial improvements to the property’s major building systems, including a complete electrical rewire and upgraded plumbing systems.? These capital improvements provide a future owner with the benefit of modernized infrastructure while reducing the potential for significant near-term capital expenditures.? All unit kitchens and bathrooms have also been upgraded with quartz countertops, sleek cabinetry with brushed nickel hardware, stainless steel appliances, new paint, and faux wood flooring.? Additionally, the property offers abundant off-street parking for tenants, including three two-car garages and one single-car garage.? With its efficient unit mix, upgraded interiors, improved building systems, ample parking, and central San Diego location, “Stonegate Manor” represents an attractive opportunity to acquire a renovated multifamily asset in one of San Diego’s established urban rental markets.?

3829 Marlborough Avenue, East San Diego

$3,150,000

260023346SD MLS ⋅ Active Status

Nine-unit apartment property in Golden Hill featuring four newly constructed units and five fully renovated original units. The unit mix includes studios, one-bedroom residences, a two-bedroom residence, and two-bedroom townhomes. All nine units have air conditioning, and the four new units have in-unit washers and dryers. The property also offers 10 parking spaces and solar panels on the new building. Located near Downtown San Diego, Balboa Park, and South Park, with easy access to I-5 and SR-94.

2967 E, Golden Hill

$1,900,000

260023269SD MLS ⋅ Active Status

Banked-Owned Property (REO) • Prime Normal Heights Location • Plans for a 4-Story, 26-Unit Development (20) 1Bdrm/1Bth Units + (6) 2Bdrm/Bth Units • Existing 1,000 SF Commercial Unit • (5) Off-Street Parking Spaces + (2)-Car Garage • Surrounded by Strong Commercial Activity and Steady Residential Demand • Perfect for a Developer/ Value-Add Investor or Could be Ideal for Owner-Users Seeking a High-Visibility Adams Avenue Business Location with Multiple Future Exit Strategies

3659 Adams Ave, Normal Heights

$3,500,000

260023081SD MLS ⋅ Active Status

Fully Entitled and Approved for 56-Units (45,249 SF) • Ready-to-Issue Development Opportunity • Modern Five-Story, Podium Design • Prime Central San Diego Location – Golden Hill • Located in the Complete Communities Transit Priority Area • Designated Opportunity Zone (Offering Potential Tax Benefits for Qualified Investor) • Walkable to Balboa Park, Shops, Nightlife and Dining • Convenient Access to Balboa Park and Nearby Neighborhoods Including Downtown, North Park and South Park • Approved Unit Mix: (16) 1Bdrm/1Bath, 500SF • (16) 1Bdrm/1Bath, 500SF • (18) Studios, 398SF • (12) Studios, 348SF • (12) Studios, 348SF • (10) Studio Lofts, 486SF • The approved plans in place provide a developer with a short, defined path to breaking ground. The existing structures include 8-Units on a 14,063 sq. ft. lot with alley access, and existing approvals for demolition of the existing structures

2658 Broadway, Golden Hill

$4,295,000

260022988SD MLS ⋅ Active Status

This landmark building captures the architectural spirit of San Diego's golden era, a gated community offering distinctive design and lasting character rarely found on the market today. Ideally situated in one of the city's most sought-after corridors, the property sits adjacent to numerous new developments, positioning it for continued appreciation. A compelling opportunity for the astute investor seeking both prestige and long-term value in a truly prime location. This Mix of (4) Plex PLUS (4) Newer Modern STUDIO Units, All Residences Have Stoves, Refrigerators, Dishwasher, Washer & Dryers, Air Conditioners, (8) Parking Spaces, Lot Size: 50x132 with Alley. The (3) One Bedrooms are 810-860 Sq. Ft, (1) 2 Bed 1 Bath Approximately 800 SF, the (4) Studios are 325-375 Sq. Ft. Plenty of Parking, 7 Parking Spaces, +1 Handicapped Space.

3574 4th Ave. (-80), Mission Hills

$2,800,000

260022893SD MLS ⋅ Active Status

4357-63 39th Street is a 9-unit apartment community consisting of multiple single-story structures totaling 5,080 square feet built in 1926, renovated in 2025, and situated on a 12,666 square foot lot. All the units are 1 Bedroom / 1 Bathroom and there are 9 garages, four of which are located at 4358 40th Street APN 447-202-23-00 on another 1,752 square foot lot. All units were completely remodeled in 2025. There was a new roof installed as well as stucco repair, exterior repaint, doors, and landscaping. All unit interiors feature new canned lighting, ceiling fans, window coverings and vinyl plank flooring with new baseboards. All units have new appliances and electric wall heaters powered by new sub panels. Plumbing was replaced with copper and ABS as needed. The kitchens and bathrooms feature new cabinets, fixtures, hardware, and quartz countertops.

4357 39th Street, East San Diego

$2,595,000

260022823SD MLS ⋅ Active Status

**6-Unit, Turnkey, Prime North Park** Located just south of University Ave in one of North Park's most desirable pockets, this 6-unit multifamily property offers a fully renovated, turnkey asset — including three brand-new units. Situated just south of University Ave (WalkScore of 88) with excellent walkability to shops, dining and nightlife along University Ave, convenient access to nearby neighborhoods including Mission Hills, Hillcrest, and South Park, and a short walk to Balboa Park. The property features a 3Bedroom/3Bathroom house along with (3) 1Bedroom/1Bathroom units, (1) 2Bedroom/1Bathroom, and (1) Studio, with each unit offering a private yard or patio. Significant capital improvements have been completed across both the interiors and exteriors, creating a turnkey property with steady in-place cash flow with still +20% in additional rental upside.

3758 Louisiana St, North Park

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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.