806 Manhattan Ct, San Diego, CA 92109
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by: carlos rodrigues rodrigues
Office: berkshire hathaway homeservice
MLS#:PTP2606902
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,699,000
About this home
Exceptional value-add multifamily opportunity in the highly sought-after Mission Beach submarket. This 4-unit apartment property sits on an approximately 5,133 SF lot comprised of two APNs and offers a compelling investment profile with below-market rents, a vacant unit, and significant rental upside. The unit mix includes one 3-bedroom/2.5 bath unit, 2-bedroom/2-bath unit, and two 2-bedroom/1.5-bath units, providing strong tenant appeal in a supply-constrained coastal rental market. Current occupancy is 75%, with one vacant unit creating an immediate opportunity to establish market rent while preserving in-place cash flow from the occupied units. The property's location in Mission Beach benefits from exceptionally high barriers to entry, limited new multifamily development opportunities, and consistently strong demand for coastal housing. A standout feature is the extensive onsite parking, downstairs laundry facility, a storage room, including a 2-car garage, the other is a tandem 4-car with two additional spaces, giving this property 8 total parking spots! With one additional covered parking space, an increasingly scarce amenity in the coastal market. Positioned just 1 block from both the Pacific Ocean and the Mission Bay yacht club, the asset offers investors the opportunity to acquire a well-located coastal multifamily property with potential income growth and long-term appreciation in one of San Diego's most desirable beach communities. Property does present an opportunity for interior improvements and rental repositioning. Buyers to satisfy themselves regarding unit c...
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Home facts
- Listing ID #:PTP2606902
- Added:63 day(s) ago
- Updated:November 14, 2026 at 09:52 AM
Heating and cooling
- Cooling:Wall/Window
Structure and exterior
- Construction Materials:Stucco, Wood
- Levels:Split Level
Finances and disclosures
- Price:$2,699,000
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