Description

Exceptional multifamily investment opportunity in San Diego’s Shelltown neighborhood. This gated 4-unit apartment property features four spacious 2-bedroom, 1-bath units, each offering assigned parking, in-unit laundry, and private patio space. Fully occupied with stable rental income, the property delivers strong cash flow and low-maintenance ownership potential. Recent capital improvements include updated electrical systems, newer dual-pane windows, and fresh exterior paint. With upside potential through future rent increases to market rates, this value-add San Diego income property presents an outstanding opportunity for investors seeking long-term appreciation and consistent returns in a high-demand rental market.

  • City San Diego
  • State/county CA
  • Zip/Postal Code 92113
  • Country US

Details

Updated on June 4, 2026 at 10:26 pm
  • Property ID: 260010009SD
  • Price: $1,360,000
  • Land Area: 0.1594 Acres
  • Year Built: 1959
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Listing Terms: Cash, Conventional, Cal Vet Loan, FHA, VA Loan
  • Roof: Composition
  • Cooling: None
  • Heating: Natural Gas
  • County: San Diego
  • Property Type: Residential Income
  • Pool: None

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