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Matt O'Brien

matt@homecrave.com +1(619) 302-3010

$ 3,000,000

Est. payment | -/mo

0.46 Acres Lot

Save Virtual Tour

$ 3,000,000

Est. payment | -/mo

Save Virtual Tour

0.46 Acres Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Mission Hills

MLS Listing ID 260007304SD

HOA Y/N No

Year Built 1958

Lot Size 0.459 Acres

Property Description

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.

Location

State CA

County San Diego

Area 92103 - Mission Hills

Interior

Cooling Central Air

Fireplace No

Exterior

Community Features Gated

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 4512801500

Security Features Gated Community

Acceptable Financing Conventional

Listing Terms Conventional

Virtual Tour https://www.propertypanorama.com/instaview/snd/260007304

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Listed by Ben Sierpina Marcus & Millichap #02062416

NEARBY SCHOOL & BUSINESS

+1(619) 302-3010

matt@homecrave.com

San Diego, CA 92124

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801 807 Torrance Street San Diego, CA 92103