- $1.9M Price
- .36 Acres
- 43 DOM
559 61st St
559-565 61st Street is a rare opportunity to acquire a 7 unit multifamily asset situated across four separate structures on a large 15,606 square foot lot. The property features a desirable unit mix of (6) 2 bedroom/1 bathroom units and (1) 4 bedroom/2 bathroom unit, providing broad tenant appeal and strong occupancy potential. Current rents remain below market, creating a clear opportunity to increase cash flow through interior renovations, strategic lease up, and professional management. An existing RUBS program provides supplemental income while helping offset utility expenses. Encanto remains an attractive investment submarket driven by its relative affordability, strong neighborhood character, and convenient access to transportation. The property is located within walking distance of the Encanto/62nd Street Trolley Station, offering direct connectivity to Downtown San Diego. The property is located within a Federal Opportunity Zone, offering significant tax advantages for qualifying capital gains investments.
Essential Information
- MLS® #260015251SD
- Price$1,875,000
- Bathrooms0.00
- Acres0.36
- TypeCommercial Sale
- Sub-TypeMixed Use
- StatusActive
Community Information
- Address559 61st St
- Area92114 - Encanto
- CitySan Diego
- CountySan Diego
- Zip Code92114
Amenities
- Parking Spaces12
Additional Information
- Date ListedJune 23rd, 2026
- Days on Market43
Listing Details
- AgentMiles Slater
Office
Landmark Multifamily and Development
Price Change History for 559 61st St, San Diego, (MLS® #260015251SD)
| Date | Details | Change |
|---|---|---|
| Price Reduced from $1,975,000 to $1,875,000 |
Miles Slater, Landmark Multifamily and Development.
Based on information from California Regional Multiple Listing Service, Inc. as of August 5th, 2026 at 2:17pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.