559-565 61st St, San Diego, CA 92114

San Diego
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
559-565 61st St,San Diego, CA 92114
$1,875,000
Virtual Tour
  • 16 Beds
  • 8 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: miles s slater
Office: landmark multifamily and development
MLS#:260015251
Source:San Diego MLS via CRMLS

Price summary

  • Price:$1,875,000

About this home

559-565 61st Street is a rare opportunity to acquire a 7 unit multifamily asset situated across four separate structures on a large 15,606 square foot lot. The property features a desirable unit mix of (6) 2 bedroom/1 bathroom units and (1) 4 bedroom/2 bathroom unit, providing broad tenant appeal and strong occupancy potential. Current rents remain below market, creating a clear opportunity to increase cash flow through interior renovations, strategic lease up, and professional management. An existing RUBS program provides supplemental income while helping offset utility expenses. Encanto remains an attractive investment submarket driven by its relative affordability, strong neighborhood character, and convenient access to transportation. The property is located within walking distance of the Encanto/62nd Street Trolley Station, offering direct connectivity to Downtown San Diego. The property is located within a Federal Opportunity Zone, offering significant tax advantages for...

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Home facts

  • Listing ID #:260015251
  • Added:49 day(s) ago
  • Updated:August 12, 2026 at 07:53 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • Full bathrooms:8

Finances and disclosures

  • Price:$1,875,000

Parking

  • Total parking spaces:12
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