Home | San Diego County | San Diego | 92114 | 559-565 61st St
MLS: SD260015251 | Status: | Price: $1,975,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 15,606 | – |
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.
| Field | Value |
|---|---|
| MLS # | SD260015251 |
| MLS Source | San Diego MLS |
| Days on Site | 1 |
Miles Slater
Landmark Multifamily and Devel
License #: 02151498
Phone: (425) 405-8892
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 6 | 7 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $10,183 | – |
| 2 | – | – | 0/0 | – | $3,700 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Encanto Elementary School | public | K-5 | 0.52 mi | 4 |
| Valencia Park Elementary School | public | K-5 | 0.67 mi | 4 |
| Johnson Elementary School | public | K-5 | 0.80 mi | 4 |
| Nye Elementary School | public | K-5 | 1.05 mi | 9 |
| Horton Elementary School | public | K-5 | 1.21 mi | 3 |
| Morse High School | public | 9-12 | 1.23 mi | 7 |
| Fulton K-8 | public | K-8 | 1.34 mi | 4 |
| Millennial Tech Middle School | public | 6-8 | 1.42 mi | 2 |
| San Altos Elementary School | public | K-6 | 1.42 mi | 7 |
| Lincoln High School | public | 9-12 | 1.45 mi | 4 |
| Oak Park Elementary School | public | K-5 | 1.72 mi | 6 |
| Webster Elementary School | public | K-5 | 1.73 mi | 8 |
| Porter Elementary School | public | K-6 | 1.73 mi | 2 |
| Knox Middle | public | 6-8 | 1.78 mi | 4 |
| Ira Harbison School | public | K-6 | 1.79 mi | 8 |
| Perry Elementary School | public | K-5 | 1.79 mi | 4 |
| Bethune K-8 | public | K-8 | 1.81 mi | 9 |
| Chollas/Mead Elementary School | public | K-5 | 1.82 mi | 5 |
| San Miguel Elementary School | public | K-6 | 1.98 mi | 4 |
| Carver Elementary School | public | K-5 | 1.99 mi | 3 |
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2306 Modesto St | $1,799,000 | – | – | – | Active |
| 540 65th | $2,100,000 | – | – | – |
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This listing information is up-to-date as of June 24, 2026. For the most current information, please contact Miles Slater, (425) 405-8892.