Description
Exceptional investment opportunity just a short bike ride to the beach! This well-maintained 4-plex offers a versatile unit mix, strong income potential, and an ideal setup for both investors and owner-occupants. Located near Downtown and the vibrant 4th Street Retro Row, the property sits in a highly desirable rental area known for its coastal lifestyle, walkability, and charm. The front detached unit is a spacious 3-bedroom, 2-bath home, perfect for owner occupancy or commanding premium rent. With its generous layout and privacy from the other units, it lives like a single-family residence while still benefiting from the income of the additional units on site. Behind the front home are three additional units: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, creating a highly rentable and desirable unit mix. One of the 2-bedroom units is currently vacant and ready for a new tenant, presenting an immediate opportunity to set market rent and increase overall income. The property features convenient on-site laundry for tenants and ample parking, including a carport, driveway parking for two vehicles, and additional spaces for a total of five parking spots a rare and valuable amenity this close to the beach and downtown. This income property has a proven track record of solid rental performance, yet still offers room for upside through rental increases and value-add potential. Its prime location near shopping, dining, entertainment, and coastal attractions makes it highly appealing to long-term tenants and short-term renters alike. Whether you are looking to live i
-
8BEDS
-
0.14ACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Description
Exceptional investment opportunity just a short bike ride to the beach! This well-maintained 4-plex offers a versatile unit mix, strong income potential, and an ideal setup for both investors and owner-occupants. Located near Downtown and the vibrant 4th Street Retro Row, the property sits in a highly desirable rental area known for its coastal lifestyle, walkability, and charm. The front detached unit is a spacious 3-bedroom, 2-bath home, perfect for owner occupancy or commanding premium rent. With its generous layout and privacy from the other units, it lives like a single-family residence while still benefiting from the income of the additional units on site. Behind the front home are three additional units: two 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, creating a highly rentable and desirable unit mix. One of the 2-bedroom units is currently vacant and ready for a new tenant, presenting an immediate opportunity to set market rent and increase overall income. The property features convenient on-site laundry for tenants and ample parking, including a carport, driveway parking for two vehicles, and additional spaces for a total of five parking spots a rare and valuable amenity this close to the beach and downtown. This income property has a proven track record of solid rental performance, yet still offers room for upside through rental increases and value-add potential. Its prime location near shopping, dining, entertainment, and coastal attractions makes it highly appealing to long-term tenants and short-term renters alike. Whether you are looking to live i
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego MLS, Inc. Licensed in the state of California.