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4427 Estrella Ave San Diego, CA 92115

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For Sale
$2,395,000

Eight-unit apartment complex in a desirable San Diego location.

Building Details

Year built
1957

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Listing Contact
Kevin Hemstreet
Kevin Hemstreet
Source: Corfac

Listing Agency: South Coast Commercial Listing Agent: Kevin Hemstreet

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

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Overview

Talmadge Multifamily Investment Opportunity

Located in the heart of Talmadge, 4427 Estrella Ave is an eight-unit apartment complex. The property features a unit mix of four 2-bedroom/1-bathroom units and four 1-bedroom/1-bathroom units. The property includes primarily renovated units and on-site laundry facilities with new equipment. Some rents remain low with long-term tenancy, offering the opportunity to increase net operating income with lease-turn opportunities and annual rent increases. The location is near shopping, entertainment, and dining options. The surrounding neighborhood offers a blend of residential charm and commercial activity. The historic Kensington and Normal Heights neighborhoods provide shops, cafes, and restaurants. Access to the I-8 freeway ensures commuting options for employees and visitors. The property is suitable for an office or office building.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

Location Insight

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City
San Diego
County
San Diego
State
California
Longitude
-117.0897452
Latitude
32.7571638

FAQs

What type of property is this?
Apartment building - Eight-unit apartment complex in a desirable San Diego location.
Where is this apartment building located?
The property is located at 4427 Estrella Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,395,000.
What are key features of this property?
This property features: - Prime Talmadge location near shopping, entertainment, and dining.; - Ideal unit mix: (4) 2-bedroom/1-bathroom and (4) 1-bedroom/1-bathroom units.; - Opportunity to increase Net Operating Income (NOI) through rent increases at lease-turn.
More about this property
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