701-15 N 60th Street, San Diego, CA 92114
Local realty services provided by:CENTURY 21 Masters
701-15 N 60th Street,San Diego, CA 92114
$2,250,000
- 14 Beds
- 12 Baths
- 5,577 sq. ft.
- Multi-family
- Active
Listed by: michael robert greiner
Office: cbre
MLS#:260012731
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,250,000
- Price per sq. ft.:$403.44
About this home
CBRE is pleased to present 701–15 60th Street, a 10-unit multifamily property located in the heart of Encanto, one of Southeast San Diego’s most culturally rich and evolving rental submarkets. The property features a unit mix of eight (8) one-bedroom / one-bathroom units averaging approximately 534 square feet, and two (2) two-bedroom / one-bathroom units averaging 650 square feet. Built in 1940, the property was constructed with pitched roofs and provides ample parking with 10 off-street spaces. Additionally, the property features a dedicated on-site laundry room with existing electrical, a water heater, and plumbing infrastructure, ideal for washer and dryer installation. 701-15 N. 60th Street also can provide very favorable seller financing terms. The Seller is willing to provide up to 90% LTV, debt in the mid-5% range, with interest only payments. All terms are open to negotiation. The subject property is also situated within a federally designated Qualified Opportunity Zone, presenting a compelling tax advantage for investors deploying capital gains into the asset. Encanto continues to attract investor interest due to its affordability, strong community identity, and proximity to transit. The property is located just a short walk from the Encanto/62nd Street Trolley Station, providing direct access to Downtown San Diego via the Orange Line. With Southeast San Diego’s growing population, low vacancy rates, and increasing demand for affordable, well-located rental housing, 701–15 60th Street presents an excellent opportunity for investors seeking a value-add asset....
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Home facts
- Listing ID #:260012731
- Added:1 day(s) ago
- Updated:May 27, 2026 at 02:34 AM
Rooms and interior
- Bedrooms:14
- Total bathrooms:12
- Full bathrooms:12
- Living area:5,577 sq. ft.
Structure and exterior
- Building area:5,577 sq. ft.
Finances and disclosures
- Price:$2,250,000
- Price per sq. ft.:$403.44
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