1134-1138 Atwater St, Otay Mesa, CA 92154

Property Description

Welcome to a masterfully transformed multi-unit property offering 3 fully upgraded income-producing residences on a single lot — a true turnkey investment in Costal South San Diego. The main residence has been thoughtfully renovated from top to bottom with modern finishes throughout, offering comfort and style in equal measure. A converted garage studio provides a sleek, efficient living space perfect for a tenant, extended family member, or home office. Crowning the property is a stunning brand-new two-story ADU, complete with its own solar system — built to the highest standards and designed for long-term, low-maintenance income. Every aspect of this property has been upgraded — systems, finishes, and infrastructure — so the next owner walks in and collects rent from day one. Each unit benefits from its own separate SDG&E electrical meter, ensuring clean tenant billing, maximum independence, and effortless property management. Opportunities like this are increasingly rare as San Diego's housing landscape evolves. With strong rental demand, separate utilities, and zero deferred maintenance, this property is ready to perform from the moment you close.