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Teralta East Multifamily Homes & Duplexes for Sale

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  • /18

    $1,600,000

    • 4,544 Sq Ft

    4139 46th St, San Diego, CA 92105

    Exceptional value-add 7-unit multifamily investment in the heart of City Heights. Priced at just $228K per unit, this asset offers strong fundamentals with a GRM of 11.4 (pro forma) and a 6.3% pro forma cap rate. The unit mix includes six 1BR/1BA units and one spacious 2BR/2BA townhome-style unit with an attached 2-car garage and bonus room. The 2 bed could easily be turned into a 3 bed or turn

    Sarah Newcomb Real Broker

    4139 46th St, San Diego, CA 92105
  • /31

    $1,200,000

    • 6 Beds
    • 3 Baths
    • 3,300 Sq Ft

    4129-31 Chamoune Ave, San Diego, CA 92105

    Spacious 3 units at 3300 sq ft on a large lot with alley access and exclusive parking. Front unit is a detached craftsman house with 2 bedrooms, 1 bathroom, and private driveway. The 2 units in the back is a 2 story building with alley access and private parking. All units are 2/1. Rents are under market with great potential. New exterior paint with common washer/dryer hook ups along with 3 water

    Linh Quach Linh Quach

    4129-31 Chamoune Ave, San Diego, CA 92105

Why Live in Teralta East

Teralta East, a small neighborhood in San Diego, is located about 6 miles from Downtown San Diego within the City Heights area. Bordered by El Cajon Boulevard to the north and University Avenue to the south, Teralta East is known for its rich cultural diversity, with more than 30 languages spoken throughout the neighborhood. The area features a variety of dining options, including the Little Saigon district on El Cajon Boulevard, which is home to numerous Vietnamese restaurants and markets. University Avenue offers an international array of eateries, from Mediterranean to Latin cuisine. The neighborhood's housing includes early 20th-century Craftsman homes and late 20th-century Mediterranean-style houses, alongside small apartment and condo buildings. Single-family homes often have three bedrooms and are sometimes renovated into multi-unit properties or outfitted with accessory dwelling units (ADUs). Teralta East is conveniently located near Interstate 15, providing easy access to downtown and other parts of San Diego. The neighborhood is also served by the #7 and #10 MTS bus routes. Local attractions include the Colina Park Golf Course, which supports youth development programs, and Teralta Park, known for its playground and community mural. The Little Saigon Foundation is actively planning cultural projects, such as the Boat People Garden and the Umbrella Tree project, to enhance public spaces. Hoover High, a highly rated school, offers various sports programs, making it a notable educational institution in the area.

Home Trends in Teralta East, CA

Housing Trends

Median Sale Price
$389,500
Median Single Family Sale Price
$709,950
Median 2 Bedroom Sale Price
$450,000
Median 1 Bedroom Sale Price
$351,999
Average Price Per Sq Ft
$669
Number of Homes for Sale
7
Last 12 months Home Sales
10
Months of Supply
8.40
Median List Price
$429,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-20%
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