5738 Meade San Diego, CA 92115
MULTI_FAMILY - San Diego, CA
Property Features for 5738 Meade
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 2, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 6, Bathroom 1
- Exterior features
- Alley Access, Corner Lot, Public Street, Sidewalks, Street Paved
- Standard status
- Pending
- APN
- 472-092-13-00
- Size
- 2,181 SF
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition, Rolled Hot Mop
Listing agent Tom Parashos License #01734375 (619) 850-4574
Listing office Palisade Realty Inc 9847 CAMPO RD, Spring Valley, CA (619) 754-0218
Listing date Apr 29, 2026
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in San Diego’s College Area, the property is positioned for tenants and owner-occupants seeking proximity to shopping, schools, and major freeways. The address is 5738 Meade, San Diego, CA 92115, offering a straightforward commute option for residents.
For an investor, the configuration of three separate units can support diversified rental income within one building. For an owner-occupant, the mix of a larger family-style unit plus two smaller floor plans can allow flexibility in how space is used while potentially offsetting living expenses through rental income from the remaining units. The presence of on-site parking via the two-car garage adds practical value for tenants considering the property.
Key Highlights
- Multi‑family property with three separate living spaces: 4BD/2BA unit, 2BD/1BA unit, and a studio
- Recently renovated, well‑maintained interiors with Central Air for cooling
- Two‑car garage plus corner lot with alley access and public street frontage
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.9k | $27.00 |
| − Vacancy | −$3.1k | −$1.41 |
| EGI | $55.8k | $25.59 |
| − OpEx | −$16.7k | −$7.68 |
| NOI | $39.1k | $17.91 |
