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4109-4111 Ibis St, Mission Hills
$1,999,999
6 Beds ⋅ 3 Baths ⋅ 260015460 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
Located on Ibis Street in highly desirable North Mission Hills, this updated triplex offers two units plus a bonus ADU (unpermitted prior to current ownership) on the lowest level. Walkable to shops, dining, and grocery stores, the property sits on a 3,990 sq ft lot with lush canyon views. Street level: 3BR/1BA, 1,085 sq ft with garage and balcony. Mid level: 2BR/1BA, 975 sq ft + den/office (not in sq ft), large deck and side yard. Lower level: 1BR/1BA, 550 sq ft (unpermitted) with patio and yard. Upgrades include new roof (2020), electrical (2018), bathroom remodel/plumbing (2017), sewer line (2012), hardwood floors (2022), new decks (2022 & 2025), and fresh exterior paint. All units feature in-unit laundry, mini-split heating/AC, and modern finishes; top unit includes a dishwasher. With strong rental demand and long-term tenants in place, this is a rare investment or owner-user opportunity near Hillcrest, Balboa Park, and downtown.

4109-4111 Ibis St, Mission Hills
1809-15 Linwood St, Old Town
$1,850,000
4 Beds ⋅ 4 Baths ⋅ 260012365 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
Rarely does a property of this caliber come to market in one of San Diego's most coveted neighborhoods. This four-unit offering delivers breathtaking panoramic views of the San Diego Harbor. The diverse unit mix includes two 1-bedroom/1-bathroom apartments with spectacular harbor vistas, a 2-bedroom/1-bathroom single-family home with bay views, and a charming studio with its own private yard — appealing to a wide range of tenants and investment strategies alike. The upside potential is as impressive as the views. Three single-car garages present a compelling ADU conversion opportunity, four dedicated on-site parking spaces add premium value in an urban setting, and the property qualifies for favorable residential 2–4-unit financing. The units are ripe for modernization, offering a true value-add canvas for an investor ready to renovate, reposition rents, and build meaningful equity in an irreplaceable location. For the owner-occupant, this is a rare chance to plant roots in an iconic San Diego neighborhood while rental income offsets the mortgage. For the long-term investor, the property's RM-2-5 zoning and Complete Communities Housing Solutions designation at 6.5 FAR unlock genuine development potential: the parcel sits within a Transit Priority Area with no coastal overlay, no historic designation, and no environmental constraints — a clean entitlement profile for a future ground-up multifamily or condo project. With harbor views, multiple exit strategies, and a location that simply cannot be recreated.

1809-15 Linwood St, Old Town
801-807 Torrance St, Mission Hills
$3,000,000
8 Beds ⋅ 4 Baths ⋅ 260007304 MLS ⋅ ACTIVE Status ⋅ N/A BLDG.
Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.

801-807 Torrance St, Mission Hills
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