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$3,250,000
260007304SD MLS
Presenting 801–807 Torrance Street, a rare 4-unit multifamily investment opportunity located in the highly sought-after Hillcrest/Mission Hills neighborhood of San Diego, California. Originally constructed in 1958 and extensively renovated in 2023, this well-located property sits on an expansive approximately 19,998-squarefoot lot and offers a total of ±2,688 square feet of living space. The property features a desirable and spacious unit mix consisting of (4) two-bedroom/ one-bathroom units, catering to strong rental demand from young professionals, roommates, and small families. The property was comprehensively renovated inside and out in 2023 with modern luxury finishes and in-demand amenities. All units feature dishwashers, stackable washer/dryers and mini-split A/C. Residents benefit from a quiet cul-de-sac location, private patios/balconies, and convenient off-street parking, all of which contribute to long-term tenant retention and consistent occupancy. With in place rents below market levels and clear operational upside, the asset presents a compelling value add opportunity for investors seeking to increase cash flow and overall asset value. Strategically positioned in one of San Diego’s most desirable urban neighborhoods, 801–807 Torrance Street benefits from exceptional proximity to Hillcrest’s vibrant dining, retail, and nightlife corridors, as well as nearby Mission Hills and Downtown San Diego. The property’s central location, combined with its large lot size, offers both immediate income stability and long-term redevelopment potential.

801 807 Torrance Street, Mission Hills

Listing courtesy of Listing Agent: Ben Sierpina (bsierpina@marcusmillichap.com) from Listing Office: Marcus & Millichap.
$1,399,000
260003964SD MLS
Attractive 1919, 1298sf home sits above street level with 9-foot ceilings, 2 bedrooms, 2 baths, generous living room, formal dining room, remodeled kitchen with 2 pantries, and spacious back porch. Across the back of the completely enclosed spacious yard is a 699sf cottage that is on the west end of the 120’ gardened lot. It has an entire wall of closet in a generous bedroom, modern kitchen, large living room, bathroom, and covered space outside the living room for choice of use. Both homes have large stand-up attics, central heat and air, Because of owned solar, the average cost of SDGE expense is no longer $300+ but a PROFIT of $9-25 each month. This property offers multiple options: 1) The owner may occupy the larger home and rent the back cottage, occupy the charming cottage and rent the front house, or welcome family to live with them. 2) Or rent the entire desirably located site in an area where medical professionals are often looking. 3) Another option is to take advantage of the recently determined RM 3-9 zoning which allows one unit per 600sf of lot, meaning available for 8 units on this 5200 sf parcel. A savvy options parcel, located in the heart of desirable Mission Hills/Hillcrest, it is easy walking to 2 major grocery stores, a number of restaurants, and other service businesses, as well as parks, churches and ideal neighborhood sites in one of the most sought-after neighborhoods. A wonderful combination of livability, flexibility and location in a very desired neighborhood Attractive 1919, 1298sf home sits above street level with 9-foot ceilings, 2 bedrooms, 2 baths, generous living room, formal dining room, remodeled kitchen with 2 pantries, and spacious back porch. Across the back of the completely enclosed spacious yard is a 699sf cottage that is on the west end of the 120’ gardened lot. It has an entire wall of closet in a generous bedroom, modern kitchen, large living room, bathroom, and covered space outside the living room for choice of use. Both homes have large stand-up attics, central heat and air, Because of owned solar, the average cost of SDGE expense is no longer $300+ but a PROFIT of $9-25 each month. This property offers multiple options: 1) The owner may occupy the larger home and rent the back cottage, occupy the charming cottage and rent the front house, or welcome family to live with them. 2) Or rent the entire desirably located site in an area where medical professionals are often looking. 3) Another option is to take advantage of the recently determined RM 3-9 zoning which allows one unit per 600sf of lot, meaning available for 8 units on this 5200 sf parcel. A savvy options parcel, located in the heart of desirable Mission Hills/Hillcrest, it is easy walking to 2 major grocery stores, a number of restaurants, and other service businesses, as well as parks, churches and ideal neighborhood sites in one of the most sought-after neighborhoods. A wonderful combination of livability, flexibility and location in a very desired neighborhood

4020 22 Front St, Mission Hills

Listing courtesy of Listing Agent: Steve Carlson (stevecarlson0213@gmail.com) from Listing Office: Woods Real Estate Services Inc.

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Based on information from CRISNet MLS as of All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.