Property Detail
Description
Nestled among the towering redwoods of the San Lorenzo Valley, this rare 8-unit multifamily property boasts excellent rental history with low vacancy, appealing to long-term tenants, and offers the fundamentals a thoughtful investor looks for: high occupancy, high income potential, and a desirable location for easy access to highways and public transportation. Versatility of units makes this great for buyers searching for solid investment return: live in one, rent the others, or a community compound. Property has been well-maintained by the current owner. Set on a bright and sunny flat lot with one new roof, repairs, and painting completed in 2026. The property features a mix of 1- and 2-bed cottages, two 2-bed apartments, 3 studio apartments, and a 3-bed/2-bath house, with inviting front porches, vibrant exterior finishes, and a peaceful, community-oriented layout that tenants love, with the opportunity to create a large raised-bed garden. Additional highlights include on-site parking for all units and a large garage for storage and extra income potential. With the flexible unit mix and upside potential, this is an exceptional opportunity for investors seeking immediate cash flow and long-term appreciation in one of the most desirable and supply-constrained rental markets in CA.
Map Location
Listing provided courtesy of Sage Goncharoff of eXp Realty of California Inc. Last updated 2026-08-17 08:26:39.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
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