Price reduced to $9,995,000. First time on the marketan exceptional and rare 21-unit, condo-quality asset in the heart of Mission Hills. This trophy investment offers immediate and substantial upside. Current rents are approximately $1,000 below market per unit, creating a clear path to increased cash flow. Positioned for a sophisticated value-add investor, the property presents multiple strategies to unlock value. These include potentially converting 16 garages into additional units (subject to approvals) or undertaking a full-scale renovation and repositioning to achieve premium market rents. Residents enjoy a highly desirable amenity package: gated entry, 15 open parking spaces, 16 garages, central AC/heat, private balconies and patios, 20 working fireplaces, elevator access, on-site laundry, and four expansive community BBQ/view decks. Ideally located at the end of Goldfinch Street in one of Mission Hills’ most sought-after pockets, this offering combines strong in-place fundamentals with long-term appreciation and exceptional rental demandan irreplaceable opportunity to elevate income and secure a premier asset in a supply-constrained market.
| MLS # | 260006443SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 161 |
| Listing Provided By | South Coast Commercial, Inc. | Mark Morgan |
| Units | 21 |
|---|---|
| Building(s) | 1 |
| Zoning | RM-3-7 |
| Acreage | 0.46 |
| Heating | Forced Air |
|---|---|
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition, Tile |
|---|---|
| Construction Materials | Drywall, Frame, Stucco |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92103 |
| Area | 92103 Mission Hills |
| Listing VS Median (in 92103) | |
Price: $9,995,000 low | high Med: $849,900 On site: 161 low | high Med: 238 | |
| State | CA |
|---|---|
| County | San Diego |
| City | San Diego |
| Zip Code | 92103 |
| Area | 92103 Mission Hills |
| Listing VS Median (in 92103) | |
Price: $9,995,000 low | high Med: $849,900 On site: 161 low | high Med: 238 | |