Property Description

We are pleased to present THE PALMS, a 12-unit multifamily investment in San Diego’s desirable Linda Vista neighborhood, directly across from the University of San Diego (USD). Built in 1962 and extensively renovated in 2017, the property blends modern upgrades with mid-century charm. Situated on a 9,984 SF lot, it features ten (10) one-bed/one-bath units and two (2) studios, totaling ~6,350 rentable SF. Each unit is separately metered for gas and electricity, ensuring cost-efficient operations. Highlights: Fully renovated interiors with granite countertops, new cabinetry, stainless steel appliances, luxury vinyl plank flooring, updated baths, lighting, and fresh paint. One unit has in-unit laundry; new plumbing on the first floor of Building 1. Exterior upgrades include dual-pane windows, new roof (2017), fresh paint, enhanced pool and deck, new concrete, fencing, patio furniture, updated landscaping, controlled access, owner-operated laundry, and six (6) storage units for added income. The Palms offers a walkable location with retail, dining, shopping, and recreation nearby. Steps from USD, with 9,041 enrolled in 2025, it is ideal for students and faculty. This is a fully renovated, stabilized asset with strong rental demand and low maintenance. Upside potential includes implementing RUBS for utility cost recovery and adjusting rents to market rates, enhancing NOI, cash flow, and ROI.

Features
Parking:
None
Address Map
Country:
US
State:
CA
County:
SD
City:
San Diego
Zipcode:
92110
Street:
Lauretta St
Street Number:
5747
Longitude:
W118° 48' 37.6''
Latitude:
N32° 46' 3.7''
Mls Area Major:
Metro
Additional Info
Office Name:
Acre Investment Real Estate
Agent Name:
Bill Anderson
Additional Information
Building Size:
6550
Community Features:
BBQ
Levels:
2 Story
Number Of Units Total:
12
Stories:
2
Virtual Tour:
https://www.propertypanorama.com/instaview/snd/250036121
Listing Information
List Agent Mls Id:
640442
List Office Mls Id:
69201
Mls Status:
ACTIVE
Modification Timestamp:
2025-10-02T16:53:32Z
Originating System Name:
SDMLS
Special Listing Conditions:
N/K

Residential Income

5747 Lauretta St, San Diego, CA 92110

6,550
$4,000,000
Listing ID #250036121
Basic Details
Property Type :
Residential Income
Listing Type :
For Sale
Listing ID :
250036121
Price :
$4,000,000
Square Footage :
6,550
Status :
Active
Property Sub Type :
Com-Res Income
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