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Remodeled Four-Unit Property
New
For Sale
$1,450,000

6979-85 Lisbon St, San Diego, CA 92114

Residential Income, San Diego, CA

Property SizeContact for details
Lot Size0.09 Acres
Days on Market2

Property Features for 6979-85 Lisbon St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-1:SINGLE
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 6, Bedroom 2, Bedroom 3
Subdivision ENCANTO
Standard status Active
APN 581-033-16-00
Lot size 0.09 Acres

Utilities

Cooling system Central Air

Amenities

in-unit washer/dryer
central heating & A/C

Building Details

Year built 1956
Floors in Building 2
Number of units 4
Roof type Composition
Listing Agency: Palisade Realty Inc
Listed By: Wally Dally · License #02135259
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 15 at 3:06PM
MLS# 260022545

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This quadplex contains four occupied residences, each configured with 2 bedrooms and 1 bathroom. The units have undergone extensive remodeling within the last 3 years, including refreshed kitchens with granite countertops, white shaker cabinetry, and stainless steel appliances. Luxury vinyl flooring, updated bathroom vanities, shower/tub combinations, in-unit stackable washers and dryers, central heating, and central air are included throughout. Exterior work includes improved stairs and railings and a newer drainage system. Constructed in 1956 on 0.0914 acres, the property has a composition roof and R-1:SINGLE zoning.

Professional property management is already in place. The property is near the 805 and 94 freeways and approximately 15 minutes from Downtown San Diego, Naval Base San Diego, and SDSU. Its four occupied units and established management structure support continued residential income operations and may accommodate a 1031 exchange strategy.

Key Highlights

  • Four occupied 2‑bedroom, 1‑bathroom units
  • Extensively remodeled within the last 3 years
  • Updated kitchens with granite countertops, white shaker cabinets, and stainless steel appliances

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 92114, CA

66,248
Population
18,767
Households
3.5
Avg Household Size
37
Median Age
20%
College-Educated
82%
High-School Grad
8.3 sq mi
ZIP Area
7,982
Density / Sq Mi
$90,171
Median Household Income
$41,312
Median Earnings
$1,741
Median Rent
$604,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - All four residences are occupied and supported by professional property management.
Where is this quadplex located?
The property is located at 6979-85 Lisbon St San Diego, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Four occupied 2‑bedroom, 1‑bathroom units; Extensively remodeled within the last 3 years; Updated kitchens with granite countertops, white shaker cabinets, and stainless steel appliances
More about this property
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