$5,000,000

Estimated payment $31,301/month

-- Bed
-- Bath
11,104 Sq Ft
$450 Price per Sq Ft

About This Home

We are proud to present, a fully turn-key 18-unit apartment community situated in the heart of San Diego, California. This centrally located property offers residents easy access to Downtown San Diego and major employment hubs, making it an ideal choice for urban living. The completely remodeled building hosts a unit mix consisting of (10) 2bedroom / 2bathrooms units , and (8) 1bedroom / 1 bath units totaling over 11,000 rentable SF situated on a 24,000 SF prime corner/end lot with no adjoining parcels, maximizing privacy, and available views / open air for tenants to enjoy. Further enjoyment by Gated community providing a secure and peaceful living environment Nestled within the Chollas Creek Community, offering a balance of convenience and tranquility Sterling Terrace Apartments presents a rare investment opportunity nestled in a highly desirable location, perfect for investors seeking a well-positioned, hassle-free asset.

Listing Agent

Abe Peay

Bridgepoint Realty Inc License #01935689 Listed on: 06/23/2025

Co-Listing Agent

Jeff Diller

Bridgepoint Realty Inc License #01959483

Property Details

Home Type

  • Multi-Family

Parking

  • Parking Available

Home Design

Interior Spaces

  • 11,104 Sq Ft Home
  • 3-Story Property

Additional Features

  • 0.47 Acre Lot
  • Central Air

Community Details

  • 18 Units
  • Operating Expense $164,885

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 3
  • Property Sub Type: Com-Res Income
  • CapRate: 5.5
  • Co List Office Mls Id: 993429
  • Co List Office Mls Id: 993429
  • Living Area: 11104.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-12-16T18:46:46Z
  • FullAddress: 4999 Sterling Ct
  • Special Features: VirtualTour

Garage/Parking

  • Parking Features: Spaces

Utilities

  • Cooling: Central Forced Air Elec

Lot Info

  • Zoning: COMMERCIAL
  • Lot Size Sq Ft: 20575.0

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 18
  • Annual Operating Expense: 164885.0
  • Total Actual Rent: 38276.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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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 List to Sale Price per Sq Ft
06/23/2025 06/23/25 For Sale $5,000,000 -- $450 / Sq Ft
Source: San Diego MLS

Source: San Diego MLS

MLS Number: 250031433

San Diego MLS

APN: 471-810-11-00