3759-61 T St 2 Unit Apartment Building Offered at $675,000 San Diego, CA 92113

CBRE is pleased to present 3759–61 T Street, a two-unit multifamily property offered with very favorable seller financing terms. The Seller is willing to provide up to 90% LTV, debt in the 6% range with interest only payments, and no prepayment penalties. All terms are open to negotiation.
Situated in San Diego’s Mountain View neighborhood, 3759-61 T Street is located in an established submarket approximately four miles east of Downtown San Diego with consistent rental demand and long-term tenants. The is property features two (2) one-bedroom/one-bathroom single family houses, offering a functional unit mix well-suited for workforce housing demand. The property also sits on a 0.15-acre lot and is well parked with five (5) on-site spaces. The large lot and ample parking provide additional opportunities to develop ADUs on site.
Mountain View draws steady investor interest due to its proximity to Downtown San Diego, easy freeway access, and an authentic neighborhood feel that continues to attract renters seeking affordability within an urban setting. The property benefits from convenient access to Interstate 805 and Interstate 5, connecting residents to employment centers throughout the region including Downtown San Diego, National City, and Chula Vista.
Residents are within close proximity to neighborhood conveniences including local markets, restaurants, and community amenities such as Mountain View Park and the Mountain View Community Center. The surrounding area also provides access to Greenwood Memorial Park, Chollas Lake Park, and Balboa Park, offering a variety of recreational options.
With sustained demand for workforce housing in South San Diego and limited new supply at this price point, 3759–61 T Street represents an attractive opportunity for investors seeking a well-located, manageable asset with stable rental appeal and long-term upside potential.