92114 Homes with Mixed Use Subtype

Welcome to the vibrant and diverse community of Encanto, nestled in the heart of San Diego, California, where the zip code 92114 serves as a gateway to an enriching lifestyle. This enchanting neighborhood is known for its rich cultural tapestry and a welcoming spirit that makes it a cherished place to call home.

Encanto boasts a variety of housing options, including homes with a mixed-use subtype, which are perfect for those who desire the convenience of living and working in the same space. These unique properties often feature residential units alongside commercial spaces, offering an ideal solution for entrepreneurs and creatives alike. Imagine stepping out of your front door and into your thriving business or studio—this blend of lifestyle and work fosters a dynamic environment where community and commerce thrive.

The area is characterized by its lush parks, scenic walking trails, and a strong sense of community. Residents enjoy easy access to local amenities, including shops, restaurants, and schools, all within a short distance. The nearby Encanto Park is a perfect spot for family outings, offering playgrounds, picnic areas, and sports facilities.

With its rich history, diverse population, and a strong sense of belonging, 92114 is not just a zip code; it's a community where dreams are nurtured, and opportunities abound. Whether you're looking to invest in a mixed-use property or simply seeking a place to call home, Encanto is filled with potential and promise. Explore the possibilities in this charming San Diego neighborhood today!

Newest 92114 Homes with Mixed Use Subtype

$1,099,000

260017358SD MLS ⋅ Active Status

Rare opportunity to acquire a five-unit apartment investment with immediate cash flow, value-add potential, and flexible long-term strategies. Situated on a prominent corner parcel with Commercial CC-4-5 zoning within a Transit Priority Area, the property offers multiple paths to increase value in one of San Diego's strongest rental markets. Convert the lower level back to retail, office space, salon, personal services and retain the tenants upstairs. Perfect for small business owners as a live/work space. Or maximize income through rental stabilization while creating plans for a mixed-use redevelopment project. The property currently features two tenant occupied 2-bedroom/1-bath apartments on the second floor, two tenant occupied 1-bedroom/1-bath apartments on the main level, and one vacant studio on the first floor, providing immediate lease-up potential. Current income is supported by long-term tenancy, while below-market rents offer significant opportunity for future growth. (see suppl) Additional income potential includes an owner-owned coin-operated laundry room and four storage rooms that may be leased separately to increase cash flow. Six off-street parking spaces and a shared rear courtyard with pergola. Prior to residential use on the main level, there was a construction office and hair salon, so the new owner could potentially convert back to retail space. The upper-level units feature private exterior entrances, while the lower level offers convenient ground-floor access. Commercial CC-4-5 zoning and the property's location within a Transit Priority Area provide added flexibility for investors seeking long-term appreciation and future redevelopment potential. Buyers are encouraged to verify all zoning, permitted uses, and development opportunities with the City of San Diego. Conveniently located with quick access to Downtown San Diego, major freeways, public transportation, shopping, dining, and employment centers, this is a compelling opportunity for investors seeking stable in-place income with meaningful upside through lease optimization, additional ancillary income, and long-term strategic positioning.

6945 Imperial Ave, Encanto

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.