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!
Features of 6979 85 Lisbon St
| MLS® # | 260022545SD |
|---|---|
| Price | $1,450,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.09 |
| Year Built | 1956 |
| Type | Residential Income |
| Status | Active |
Community Information
| Address | 6979 85 Lisbon St |
|---|---|
| Area | 92114 - Encanto |
| Subdivision | Encanto |
| City | San Diego |
| County | San Diego |
| Zip Code | 92114 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air |
|---|---|
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Composition |
|---|
Additional Information
| Date Listed | September 14th, 2026 |
|---|---|
| Days on Market | 3 |
| Zoning | R-1:SINGLE |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Wally Dally |
|---|---|
| Office | Palisade Realty Inc |