Discover a compelling value-add investment opportunity -- 11-unit residential Investment. Property perfectly positioned in the heart of Middletown, one of Metro San Diego's most sought-after and consistently resilient neighborhoods. This is your chance to acquire a property in a sub-market that continues to attract strong renter demand and long-term appreciation potential. RM-2-5 zoned corner lot offers significant upside potential for investors looking to increase current rents and through unit upgrades or explore future development possibilities. The property is well-maintained and functionally sound, providing stable in-place income while an investor executes their value-add strategy. Key features include a desirable unit mix with many units enjoying pleasant views, mature landscaping, abundant off-street tenant parking, triple-pane windows, a pitch composition roof, a carport with attached storage, and common laundry facilities all set on an elevated lot that enhances privacy and street presence. Large Lot! UNIT MIX -- One Large (3) Bedroom/2 bath, 3 (2) bedroom/1 bath and 6 (1) Bedrooms/One Bath and One Studio-See Brochure
| MLS # | 260009706SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 121 |
| Listing Provided By | JP Equity Real Estate Corp. | Judy Preston |
| Car Port | Yes |
|---|---|
| Units | 11 |
| Building(s) | 1 |
| Zoning | RM-2-5 |
| Acreage | 0.29 |
| Heating | Radiant, Wall Furnace |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | No |
| Roof | Composition |
|---|---|
| Construction Materials | Stucco |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92103 |
| Area | 92103 Mission Hills |
| Listing VS Median (in 92103) | |
Price: $3,695,000 low | high Med: $879,000 On site: 121 low | high Med: 1108.5 | |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92103 |
| Area | 92103 Mission Hills |
| Listing VS Median (in 92103) | |
Price: $3,695,000 low | high Med: $879,000 On site: 121 low | high Med: 1108.5 | |