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Gatehouse Properties

info@gatehouseproperties.com +1(714) 743-9882

$ 9,995,000

Est. payment | -/mo

0.46 Acres Lot

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$ 9,995,000

Est. payment | -/mo

Save Virtual Tour

0.46 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260006443SD

HOA Y/N No

Lot Size 0.459 Acres

Property Sub-Type Mixed Use

Property Description

Price reduced to $9,995,000. First time on the market—an exceptional and rare 21-unit, condo-quality asset in the heart of Mission Hills. This trophy investment offers immediate and substantial upside. Current rents are approximately $1,000 below market per unit, creating a clear path to increased cash flow. Positioned for a sophisticated value-add investor, the property presents multiple strategies to unlock value. These include potentially converting 16 garages into additional units (subject to approvals) or undertaking a full-scale renovation and repositioning to achieve premium market rents. Residents enjoy a highly desirable amenity package: gated entry, 15 open parking spaces, 16 garages, central AC/heat, private balconies and patios, 20 working fireplaces, elevator access, on-site laundry, and four expansive community BBQ/view decks. Ideally located at the end of Goldfinch Street in one of Mission Hills' most sought-after pockets, this offering combines strong in-place fundamentals with long-term appreciation and exceptional rental demand—an irreplaceable opportunity to elevate income and secure a premier asset in a supply-constrained market.

Location

State CA

County San Diego

Area 92103 - Mission Hills

Zoning RM-3-7

Interior

Heating Forced Air

Fireplace No

Exterior

Roof Type Composition,Tile

Total Parking Spaces 31

Others

Tax ID 4444111400

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Virtual Tour https://www.propertypanorama.com/instaview/snd/260006443

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Listed by Mark Morgan South Coast Commercial, Inc. #01339919

NEARBY SCHOOLS & PROPERTIES

+1(714) 743-9882

info@gatehouseproperties.com

Costa Mesa, CA, 92626, United States

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4069 Goldfinch San Diego, CA 92103