Recently Sold Homes in Mid-City, CA

Recently Sold Home in Mid-City, CA:

Exceptional value-add 7-unit multifamily investment in the heart of City Heights. Priced at just $228K per unit, this asset offers strong fundamentals with a GRM of 11.4 (pro forma) and a 6.3% pro forma cap rate. The unit mix includes six 1BR/1BA units and one spacious 2BR/2BA townhome-style unit with an attached 2-car garage and bonus room. The 2 bed could easily be turned into a 3 bed or turn the bonus room and garage into an 8th unit. Sky's the limit. All units are on month-to-month leases with rents well below market, presenting a major opportunity to increase cash flow. Located in an RM-1-1 zone within a Transit Priority Area, this site supports long-term redevelopment or potential ADU

Recently Sold Home in Mid-City, CA:

Unlock the full potential of this property with a value-add opportunity. Embark on a journey of transformation with a complete interior and exterior renovation that will elevate this multi-family property to new heights. The canvas is yours to create 2-3 additional adu dwelling units in the rear, maximizing income potential and ensuring a lucrative investment. City Heights is a densely populated urban neighborhood in central San Diego, located just east of North Park and south of the 8 Freeway. It offers easy access to major highways (I-15, I-805, SR-94) and is approximately 10-15 minutes from Downtown San Diego and Balboa Park. City Heights is one of San Diego’s most diverse neighbor

Recently Sold Home in Mid-City, CA:

Investor Special in Prime Location - R-4 Zoned Lot Minutes from SDSU! Unlock incredible potential with this rare R-4 zoned property in the heart of San Diego! Situated on a 5,299 sq ft lot, this is the perfect opportunity for developers, investors, or visionaries to build a multi-family complex in a high-demand rental market. The current structure is a 2-bedroom, 1-bath detached home with 804 sq ft of living space - ideal as a short-term rental or holding income while planning your build. Located just minutes from SDSU, Costco, Sam’s Club, and a wide variety of restaurants, this central location offers strong tenant appeal and convenience. Whether you're aiming to build townhomes, ap

Recently Sold Home in Mid-City, CA:

Newly renovated and ready to move in! This 1 bedroom /1 bathroom condominium is located in the heart of San Diego, placed between San Diego's vibrant urban communities of North Park, Kensington, and City Heights. With convenient access to the I-8 and I-15, this unit is perfect for young professionals and young families starting out and looking to plant roots here in San Diego. Upgrades include new cabinets, flooring, stainless steel appliances, windows, HVAC system, and more. Features a spacious and open living room with direct access to the kitchen to entertain, while the bedroom is tucked away privately behind the kitchen. Do not miss out on this opportunity!