For Sale Multi-Family MLS# 260022545SD

6979 85 Lisbon St

San Diego, CA 92114

$1,450,000

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About 6979 85 Lisbon St

Turnkey 4-unit investment opportunity with all units currently occupied and professional property management already in place! Each unit offers 2 bedrooms and 1 bathroom and has been extensively remodeled within the last 3 years. Interiors feature updated kitchens with granite countertops, white shaker cabinets and stainless steel appliances, luxury vinyl flooring, and remodeled bathrooms with updated vanities and shower/tub combinations. Each unit also includes an in-unit stackable washer and dryer plus central heating & A/C. Exterior improvements include updated stairs and railings along with a newer drainage system.Conveniently located near the 805 and 94 freeways, approximately 15 minutes from Downtown San Diego, Naval Base San Diego and SDSU. With 4 occupied units, extensive renovations and management already established, this is an excellent opportunity to expand your portfolio or complete a 1031 exchange. Income-producing from day one!

Property details

Property

Type
multi
Year built
1956
Lot
0.0914 ac
List date
Sep 14, 2026

Schools

District
San Diego City Unified School District

Location

Subdivision
Encanto
Neighborhood
O'Farrell

Location

Neighborhood
O'Farrell
Subdivision
Encanto
School district
San Diego City Unified School District

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Listed by Wally Dally, Palisade Realty Inc

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.