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Off Market

70115 60th Street

San Diego CA 92114

14
12
5577 sq. ft.
Other
Last sold for $2,050,000
Michael GreinerMichael Greiner, last sold this property on 12 June 2026 after 16 days on market.

Overview

CBRE is pleased to present 701–15 60th Street, a 10-unit multifamily property located in the heart of Encanto, one of Southeast San Diego’s most culturally rich and evolving rental submarkets. The property features a unit mix of eight (8) one-bedroom / one-bathroom units averaging approximately 534 square feet, and two (2) two-bedroom / one-bathroom units averaging 650 square feet. Built in 1940, the property was constructed with pitched roofs and provides ample parking with 10 off-street spaces. Additionally, the property features a dedicated on-site laundry room with existing electrical, a water heater, and plumbing infrastructure, ideal for washer and dryer installation. 701-15 N. 60th Street also can provide very favorable seller financing terms. The Seller is willing to provide up to 90% LTV, debt in the mid-5% range, with interest only payments. All terms are open to negotiation. The subject property is also situated within a federally designated Qualified Opportunity Zone, presenting a compelling tax advantage for investors deploying capital gains into the asset. Encanto continues to attract investor interest due to its affordability, strong community identity, and proximity to transit. The property is located just a short walk from the Encanto/62nd Street Trolley Station, providing direct access to Downtown San Diego via the Orange Line. With Southeast San Diego’s growing population, low vacancy rates, and increasing demand for affordable, well-located rental housing, 701–15 60th Street presents an excellent opportunity for investors seeking a value-add asset.

Features

14 bedrooms
12 bathrooms
5577 sq. ft. floor area
Other

Estimated Value

We need at least 3 similar 14 bedroom other properties sold in San Diego over the last 12 months.

Property history for 70115 60th Street

2026
Sold
$2,050,000
12 Jun 2026 by Michael Greiner, of CBRE

Happy sellers in San Diego

95%
95% of sellers in San Diego reported that their sale price either exceeded or met their price expectations.

San Diego stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in San Diego over the last 12 months.

Local market activity for 14 bedroom other properties in San Diego

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