5747 Lauretta St

San Diego, CA 92110 Active for $4,450,000

Overview
Map & Location
Median Values
Schools & Score
Property History
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Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft

Property Facts

MLS	250019244SD
Year Built
Property Type	Mixed Use
County	San Diego
Status	Active
Active	$4,450,000
Structure Size	N/A sqft
Lot Size	N/A sqft
Beds	N/A
Baths

Description

We are pleased to present THE PALMS, a 12-unit multifamily investment opportunity in the highly desirable Linda Vista neighborhood of central San Diego. The property is ideally positioned across from the University of San Diego (USD) and offers exceptional long-term value in a walkable, amenity-rich location. Originally built in 1962, The Palms underwent a major renovation in 2017, modernizing both interior and exterior features while preserving its mid-century charm. The property sits on a spacious 9,984-square-foot lot and consists of ten (10) one-bedroom, one-bath units, and two (2) studio units, totaling approximately 6,350 rentable square feet. Each unit is individually metered for gas and electricity, ensuring cost-efficient operations for ownership. Fully renovated interiors featuring modern granite countertops, new cabinetry, stainless steel appliances (refrigerator, range, built-in microwave, and dishwasher), luxury vinyl wood plank flooring, updated bathroom vanities, fixtures, lighting, and fresh paint. One unit is equipped with an in-unit washer and dryer, and new plumbing was installed on the first floor of Building 1. Upgraded exterior and community amenities, including dual-pane retrofit windows, new roof (2017), fresh exterior paint, an enhanced pool area and deck with new concrete, fencing, patio furniture, and updated landscaping. The property also features controlled access entry, an on-site owner-operated laundry facility, and six (6) added storage units for additional revenue potential.

Listing information courtesy of: Bill Anderson, Acre Investment Real Estate 858-245-4887. *Based on information from the Association of REALTORS/Multiple Listing as of 04/03/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.