$1,888,888

Estimated payment $12,101/month

Total Views 897
2 Beds
1 Bath
3,492 Sq Ft
$541 Price per Sq Ft

Highlights

  • Property is near a park
  • Park
  • Rectangular Lot
  • No HOA
  • Laundry Room
  • No Heating

About This Home

Fantastic investment opportunity in the highly desirable Greater Golden Hill neighborhood of San Diego! This well-maintained 4-unit multi-family property offers a total of 8 bedrooms and 4 bathrooms across approx. 3,492 sq. ft., situated on a spacious 7,023 sq. ft. lot. Each unit features a functional two-bedroom, one-bathroom floor plan with bright and spacious rooms. Ideally located just minutes from Balboa Park, Downtown San Diego, and major freeways, residents enjoy excellent walkability, easy access to transit, and a vibrant urban lifestyle. Zoned RM-2-5. The property is also located within Complete Communities Housing Solutions (Tier 3 - FAR 6.5x, which allows 45,650sqft of buildable area, allowing greater height and density. The parcel is also located within a Transit Priority Area (TPA), which eliminates the minimum parking requirements for new residential units (buyer to verify with the City of San Diego). Don’t miss this rare opportunity to own a versatile property in one of San Diego’s most sought-after communities!

Listing Agent

Diego Oropeza

CA-RES Brokerage Phone: 619-841-5113 License #02144846 Listed on: 08/31/2025

CA-RES

Co-Listing Agent

Carlos Elizondo

ShoppingSDHouses Brokerage Phone: 619-841-5113 License #02066903

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 7,023 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot
  • Level Lot
  • Density is 2-5 Units/Acre
  • Value in Land

Home Design

  • Quadruplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 3,492 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 10 Open Parking Spaces
  • 10 Parking Spaces

Location

  • Property is near a park
  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 5,6 / 85
  • Tax Tract Number 547
  • Assessor Parcel Number 5395920500
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Recreation

  • Park

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $3,500
  • Water Sewer Expense $8,390
  • New Taxes Expense $23,610
  • Operating Expense $35,500
  • Gross Income $127,200
  • Net Operating Income $91,700

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 4.90
  • Inclusions: javascript:void(0);
  • Price Per Unit: 472222
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 8390.00
  • Zoning: RM-2-5
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 5395920500
  • Year Built: 1977
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Ground Level
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 540.92

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 10.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Urban, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Lot 6500-9999, Rectangular Lot, Near Public Transit, Park Nearby, Value In Land
  • Lot Size Sq Ft: 7023.00
  • Lot Size Acres: 0.1612

Multi Family

  • Average2 Bed Area: 873 Square Feet
  • Gross Income: 127200.00
  • Gross Scheduled Income: 127200.00
  • Insurance Expense: 3500.00
  • Lot Size Area: 7023.0000 Square Feet
  • Net Operating Income: 91700.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 35500.00
  • Rent Control: Yes
  • Total Expenses: 35500.00

Tax Info

  • New Taxes Expense: 23610.00
  • Tax Block: 85
  • Tax Lot: 5,6
  • Tax Tract Number: 000547

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 For Sale $1,888,888 -- $541 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2506655

California Regional Multiple Listing Service (CRMLS)

APN: 539-592-05-00