5747 Lauretta St, San Diego, CA 92110
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
Listed by:bill anderson
Office:acre investment real estate
MLS#:250036121
Source:San Diego MLS via CRMLS
Price summary
- Price:$4,000,000
- Price per sq. ft.:$610.69
About this home
We are pleased to present THE PALMS, a 12-unit multifamily investment in San Diego’s desirable Linda Vista neighborhood, directly across from the University of San Diego (USD). Built in 1962 and extensively renovated in 2017, the property blends modern upgrades with mid-century charm. Situated on a 9,984 SF lot, it features ten (10) one-bed/one-bath units and two (2) studios, totaling ~6,350 rentable SF. Each unit is separately metered for gas and electricity, ensuring cost-efficient operations. Highlights: Fully renovated interiors with granite countertops, new cabinetry, stainless steel appliances, luxury vinyl plank flooring, updated baths, lighting, and fresh paint. One unit has in-unit laundry; new plumbing on the first floor of Building 1. Exterior upgrades include dual-pane windows, new roof (2017), fresh paint, enhanced pool and deck, new concrete, fencing, patio furniture, updated landscaping, controlled access, owner-operated laundry, and six (6) storage units for added income. The Palms offers a walkable location with retail, dining, shopping, and recreation nearby. Steps from USD, with 9,041 enrolled in 2025, it is ideal for students and faculty. This is a fully renovated, stabilized asset with strong rental demand and low maintenance. Upside potential includes implementing RUBS for utility cost recovery and adjusting rents to market rates, enhancing NOI, cash flow, and ROI.
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Home facts
- Listing ID #:250036121
- Added:53 day(s) ago
- Updated:October 06, 2025 at 02:05 PM
Rooms and interior
- Living area:6,550 sq. ft.
Structure and exterior
- Building area:6,550 sq. ft.
Finances and disclosures
- Price:$4,000,000
- Price per sq. ft.:$610.69
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