Invest in San Diego’s NEXT WAVE of Housing
Solving San Diego’s housing crisis and offering 20%+ returns
What we do
We transform single-family homes into multi-unit investments through a streamlined, six-step process:
Acquire undervalued properties with large lots
Renovate the existing home and lease it short-term
Permit additional units
Build using our efficient ADU designs
Lease for stable income
Sell to multi-family investors at a premium.
This approach maximizes returns and offers a clear exit strategy for accredited investors. This allows us to return investors’ capital in 12-24 months with a 20%+ annualized return.
Investor Benefits
High Returns
We target returns of 20% or more, maximizing your investment’s growth potential.
Safe
Real estate-backed investments led by proven operators with conservative financing, ensuring your capital isn’t over-leveraged.
Impact
Help address the housing crisis by supporting affordable housing development.
Diversify
Our projects provide an ideal way to diversify your portfolio, complementing traditional assets like savings, stocks, and home equity for added stability and growth.
Retirement
Invest using self-directed IRAs or solo 401(k)s, allowing you to grow your retirement savings with tax advantages.
Quick
With streamlined timelines of 12-24 months, our projects deliver returns quickly, allowing for faster portfolio reinvestment and a clear exit strategy.
100 ADUs in 2025
At Next Wave, we’re committed to tackling San Diego’s housing crisis with a goal to secure properties for 100 new Accessory Dwelling Units (ADUs) by the end of 2025. With 24 units already underway, we’re actively expanding our acquisitions to lay the groundwork for 76 more ADUs. Each property we acquire is a step closer to creating high-quality, affordable housing, delivering strong returns for our investors while helping meet the community’s needs.
Highlighted Projects
4637 Del Mar Ave
4343 Bancroft
2715 Columbia st
4864 Fond Du Lac
3071 Martin ave
And many more…
Meet the Team
Marcelo Valdez
Marcelo is a graduate of the United States Naval Academy and began his career as an officer in the United States Marine Corps. He has decades of experience in the corporate and real estate worlds having worked as a Senior Director of Business Development at Qualcomm and later as a real estate developer and investor. He has overseen more than $40 million in acquisitions and builds and he has now launched the Next Wave Fund in order to provide safe and profitable returns to investors while helping to solve the need for affordable housing in San Diego.
Andrew Erickson
With a real estate portfolio exceeding $5 million and a track record of founding and exiting several million-dollar ventures, Andrew Erickson brings a rare blend of engineering precision, operational effeciency, and entrepreneurial acumen to every project. His expertise lies in identifying high-yield opportunities and maximizing property value. As a head business coach in the Titan Network, Andrew also empowers others with data-driven insights, making him a trusted leader in transforming single-family properties into profitable multi-unit investments.
