$3,495,000

Estimated payment $20,937/month

8 Beds
8 Baths
4,528 Sq Ft
$772 Price per Sq Ft

About This Home

It is a privilege to present for sale 4073 Gresham Street, San Diego, CA 92109, an extremely well-located and highly modernized Five (5) unit apartment property in Pacific Beach, ±1.5 blocks from Sail Bay and Fanuel Park, ±7 blocks from the beach, and within walking distance to a wide array of dining, nightlife, recreation and shopping options. Comprised of: two (2) one-bedroom/one-bathroom units (±685 SF each); and three (3) two-bedroom/one-and-a-half-bathroom townhome units (±1,050 SF each), all units have been upgraded to a high level, thus feature custom cabinetry, granite countertops, recessed lighting, vinyl plank flooring, stainless steel appliances, dishwashers, in-unit washer/dryers, dual-pane vinyl windows and sliders, newer front doors, among other improvements. Four of the units have private/enclosed back patios, and common area amenities at the Property include: five (5) tandem surface off-street parking spaces in front (for 10 total spaces!); a generous gated outdoor storage area at the rear of the property; gated front entry with dial pad access; and a beautifully landscaped courtyard featuring birds of paradise. 4073 Gresham Street has ±4,528 SF of rentable building area (RBA) across all (5) units, which are housed within a single two-story building, built of wood frame construction upon a concrete on grade foundation, with a flat roof that features a shake shingle mansard. Constructed in ±1969 on a ±5,514 SF lot, units are separately metered for electricity, and the Property is master-metered for gas, as well as water/sewer.

Listing Agent

Joseph Burrough

Palma Commercial License #02014504 Listed on: 05/22/2026

Property Details

Home Type

  • Multi-Family

Home Design

  • Frame Construction
  • Shake Roof
  • Stucco

Interior Spaces

  • 8 Bedrooms
  • 4,528 Sq Ft Home
  • 2-Story Property

Parking

  • 5 Parking Spaces
  • Parking Available

Additional Features

  • 5,514 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units
  • Operating Expense $70,942

Property Details

Home Type

Multi-Family

Lot Details

5,514 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • CapRate: 3.38
  • Co List Office Mls Id: 3874
  • Living Area: 4528.0
  • Structure Type: Apartment
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-05-23T01:45:27Z
  • FullAddress: 4073 Gresham St.
  • SupplementRemarks: In addition to being a favorite for long-term rentals, with its spacious modernized units, 4073 Gresham Street would also do well with short-term or mid-term rentals. This highly coveted part of Pacific Beach, in Crown Point adjacent to Sail Bay, boasts easy access to its miles long boardwalk, an abundance of water sports, volleyball, The Catamaran, beaches, Santa Clara Point and the Mission Bay Aquatic Center, among others, ripe for continued appreciation. The property benefits from low cost city waste services and minimal landscape maintenance.
  • Special Features: None

Interior Features

  • Total Bedrooms: 8
  • Flooring: Slab

Exterior Features

  • Roof: Shake, Tar & Gravel
  • Construction Type: Frame, Stucco

Garage/Parking

  • Parking Features: Spaces
  • Total Parking Spaces: 5.0

Utilities

  • Cooling: Other
  • Heating: Wall

Lot Info

  • Lot Size Sq Ft: 5514.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 5
  • Annual Operating Expense: 70942.0
  • Total Actual Rent: 15942.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,275 $2,012,450 $1,657,314 $355,136
2024 $24,275 $1,972,991 $1,624,818 $348,173
2023 $23,740 $1,934,306 $1,592,959 $341,347
2022 $23,108 $1,896,379 $1,561,725 $334,654
2021 $22,950 $1,859,196 $1,531,103 $328,093
2020 $22,672 $1,840,133 $1,515,404 $324,729
2019 $22,267 $1,804,053 $1,485,691 $318,362
2018 $20,815 $1,768,680 $1,456,560 $312,120
2017 $20,321 $1,734,000 $1,428,000 $306,000
2016 $2,223 $186,340 $62,039 $124,301
2015 $2,190 $183,542 $61,108 $122,434
2014 $2,158 $179,947 $59,911 $120,036
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2026 05/22/26 For Sale $3,495,000 -- $772 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 260012540

San Diego MLS

APN: 423-382-39-00

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