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6-Unit Apartment Building
New
For Sale
$2,200,000

1029 Hayes Ave, San Diego, CA 92103

All residences are one-bedroom, one-bath layouts with individually metered utilities.

Property SizeContact for details
Days on Market3

Property Features for 1029 Hayes Ave

General Information

Standard status Active
Property subtype Mixed Use

Units

Unit Mix 6 x 1BR/1BA
Multifamily Units 6

Additional Details

Utilities to Site Yes

Building Details

Buildings 1
Listing Agency: ENG Properties
Listed By: Katy Sullivan · License #01925534
Source: Velocityrealtysd
Added: Aug 31 Changed: Sep 1 Last Checked: Sep 1 at 10:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ENG Properties

Investment Insights

Based on property information with market context.

This six-unit apartment building in San Diego features an all one-bedroom, one-bath unit mix, with every residence delivered vacant. The property retains mid-century design elements, including vaulted open-beam ceilings, and each unit has individually metered utilities. A roof replacement was completed approximately in 2018, and four water heaters were replaced approximately in 2023.

The property is positioned in central San Diego along the Mission Hills and University Heights corridor, with Hillcrest, Mission Hills, and North Park identified as nearby areas. It has been owned and occupied by a nonprofit religious organization since 1993 and was not previously operated as a conventional rental, so no rental history exists. Actual operating information reflects owner-occupied use, while projected figures are based on estimates and should be independently verified.

Key Highlights

  • Six units delivered vacant
  • All six units are one‑bedroom, one‑bath residences
  • Vaulted open‑beam ceilings provide mid‑century character

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service HVAC Service Carpet & Flooring Store Home Appliance Store (Bike/Boat/Book/etc) Store Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

6,913
Businesses Nearby

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - All residences are one-bedroom, one-bath layouts with individually metered utilities.
Where is this apartment building located?
The property is located at 1029 Hayes Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: Six units delivered vacant; All six units are one‑bedroom, one‑bath residences; Vaulted open‑beam ceilings provide mid‑century character
More about this property
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