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Value-Add Duplex Residence
For Sale
$2,300,000

5023 63Rd, San Diego, CA 92115

Duplex for sale with a three-bedroom, one-bath unit and a one-bedroom, one-bath unit.

Property SizeContact for details
Days on Market14

Property Features for 5023 63Rd

General Information

Standard status Active
Property subtype Investment

Additional Details

Highway Access Yes
Multifamily Units 2

Building Details

Year Built 1950
Listing Agency: Colliers - Los Angeles - La Jolla, California
Listed By: Aaron Bove · License #01318320
Source: Elliman
Added: Jul 24 Changed: Jul 25 Last Checked: Aug 5 at 8:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Los Angeles - La Jolla, California

Investment Insights

Based on property information with market context.

5023 63rd Street is a value-add duplex featuring two residential units: a three-bedroom, one-bath home and a one-bedroom, one-bath unit. The property presents an opportunity for renovation and interior improvements to better position the units for rental income.

The property is located in San Diego’s College Area near SDSU, with access to shopping, dining, public transportation, and major freeways. Walk and bike accessibility are limited, while transit access is somewhat supported.

The configuration provides flexibility for either an investor seeking two rental units or an owner-occupant looking to live in one unit while renting the other.

Key Highlights

  • Duplex built in 1950 in San Diego’s College Area
  • Includes a 3‑bedroom, 1‑bath residence plus a 1‑bedroom, 1‑bath unit
  • Value‑add setup for an investor or owner‑occupant with separate unit configuration

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Furniture & Home Goods

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

2
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

2,068
Businesses Nearby

Demographics for 92115, CA

64,251
Population
23,448
Households
2.7
Avg Household Size
30
Median Age
39%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
10,363
Density / Sq Mi
$75,178
Median Household Income
$36,061
Median Earnings
$1,875
Median Rent
$722,500
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Duplex - Duplex for sale with a three-bedroom, one-bath unit and a one-bedroom, one-bath unit.
Where is this duplex located?
The property is located at 5023 63Rd San Diego, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Duplex built in 1950 in San Diego’s College Area; Includes a 3‑bedroom, 1‑bath residence plus a 1‑bedroom, 1‑bath unit; Value‑add setup for an investor or owner‑occupant with separate unit configuration
More about this property
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