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Multifamily Asset in Downtown San Diego
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1130-34 11th Avenue, San Diego, CA 92101

25-unit multifamily property with income upside in East Village.

Property Size8,274 SF
Price / SF$942.59
Days on Market97

Property Features for 1130-34 11th Avenue

General Information

Standard status Active
Size 8,274 SF
Class B
Property subtype Multifamily
Zoning Commercial
Occupancy 100%
Investment Type Value Add
Net Operating Income $364,838

Building Details

Year Built 1904
Year Renovated 1946
Buildings 2
Units 25
Tenancy Multi
Listing Agency: Compass
Listed By: Brent Ball · License #CA 00929588
Source: Crexi
Added: May 26 Changed: Aug 8 Last Checked: Aug 29 at 2:28PM

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 Compass

Investment Insights

Based on property information with market context.

This 25-unit multifamily asset is located in Downtown San Diego's East Village. The property offers in-place income with upside through lease turnover, unit renovations, and operational improvements. Several units are currently leased below market, providing investors the ability to increase revenue and drive NOI growth. The property's location within a high-growth area provides long-term potential for appreciation and future development. The property size is 8274 square feet.

Key Highlights

  • Strong in‑place income with immediate upside potential.
  • Located in Downtown San Diego's East Village, a rapidly evolving urban corridor.
  • Opportunity to increase revenue through lease turnover and unit renovations.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Clothing & Fashion Store Restaurant

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

Location Intelligence

Trade Area within ½ mile

10,440
Businesses Nearby

Demographics for 92101, CA

47,505
Population
32,909
Households
1.4
Avg Household Size
39
Median Age
57%
College-Educated
92%
High-School Grad
5.4 sq mi
ZIP Area
8,797
Density / Sq Mi
$90,477
Median Household Income
$72,371
Median Earnings
$2,351
Median Rent
$740,500
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 - 25-unit multifamily property with income upside in East Village.
Where is this apartment building located?
The property is located at 1130-34 11th Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $7,799,000.
What are key features of this property?
This property features: Strong in‑place income with immediate upside potential.; Located in Downtown San Diego's East Village, a rapidly evolving urban corridor.; Opportunity to increase revenue through lease turnover and unit renovations.
More about this property
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