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5406 Imperial Ave San Diego, CA 92114

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For Sale
$3,960,000

Well-maintained 12-unit apartment complex in San Diego's Lincoln Park.

Lot size:
0.27 Acres

Property Features for 5406 Imperial Ave

General Information

Lot size
0.27 Acres

Building Details

Year built
1973

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Listing Contact
Michael Conger
Source: Elliman

Listing Agent: Michael Conger

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Lincoln Park Multifamily Investment Opportunity

This well-maintained 12-unit multifamily asset is located in the Lincoln Park neighborhood of Southeast San Diego. Situated within a federally designated Opportunity Zone, the property offers in-place income with rental upside in a supply-constrained submarket. Constructed in 1973, the property consists of three two-story buildings featuring a unit mix of three one-bedroom, six two-bedroom, and three three-bedroom units. The units range in size from 600 to 1,000 square feet. Each unit includes a dedicated storage space. The site provides 33 off-street parking spaces on 11,878 square feet of land. Recent upgrades to the property include new exterior paint, updated roofing, solar panels, and interior renovations on select units.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.0786972
Latitude
32.7073743

FAQs

What type of property is this?
Apartment building - Well-maintained 12-unit apartment complex in San Diego's Lincoln Park.
Where is this apartment building located?
The property is located at 5406 Imperial Ave San Diego, CA.
What is the asking price?
The asking price for this property is $3,960,000.
What are key features of this property?
This property features: - Significant rental upside in a supply-constrained submarket.; - Stable in-place income.; - Located in a federally designated Opportunity Zone.
More about this property
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