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7-Unit Multifamily Building

559 61st St ST San Diego, CA 92114

559 61st St ST, San Diego, CA, 92114
$1,975,000
For Sale
$1,975,000

Seven units across four separate structures, offering six 2-bedroom/1-bath apartments and one 4-bedroom/2-bath unit.

Lot Size0.36 Acres
Days on Market27

Property Features for 559 61st St ST

General Information

Standard status
Active
Lot size
0.36 Acres
Property subtype
Commercial/Industrial
Listing agency Landmark Multifamily and Devel
Listed by Miles Slater · License #02151498
Source Exitrealty
Added: Jun 26 Updated: Jul 22 at 7:38AM Checked: Jul 22 at 7:38AM

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 Landmark Multifamily and Devel


Investment Insights

Based on property information with market context.

The property at 559–565 61st Street is a 7-unit multifamily asset arranged across four separate structures on a 15,606 square foot lot. The current unit mix includes (6) 2-bedroom/1-bath apartments and (1) 4-bedroom/2-bath apartment. An existing RUBS program is in place to provide supplemental income and help offset utility expenses.

The property is located within walking distance of the Encanto/62nd Street Trolley Station, offering direct connectivity to Downtown San Diego. The asset is also located within a Federal Opportunity Zone.

The configuration provides a straightforward mix of apartment sizes, supporting leasing flexibility across the single 4-bedroom/2-bath unit and the larger group of 2-bedroom/1-bath units.

Key Highlights

  • 7‑unit multifamily across four separate structures on a 15,606 SF lot
  • Unit mix includes six 2BD/1BA units plus one 4BD/2BA unit
  • Current rents are below market, with room to increase cash flow through interior renovations and lease up

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Real Estate Agency Dental Office Restaurant Spa & Massage Center Hair Salon Parking Lot & Garage Nail Salon Pharmacy Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Seven units across four separate structures, offering six 2-bedroom/1-bath apartments and one 4-bedroom/2-bath unit.
Where is this apartment building located?
The property is located at 559 61st St ST San Diego, CA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: 7‑unit multifamily across four separate structures on a 15,606 SF lot; Unit mix includes six 2BD/1BA units plus one 4BD/2BA unit; Current rents are below market, with room to increase cash flow through interior renovations and lease up
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