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14-Unit Apartment Complex
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Pending

4605 32nd St, San Diego, CA 92116

Well-maintained 14-unit apartment complex with side-by-side buildings opening to a shared courtyard.

Days on Market114

Property Features for 4605 32nd St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 14

Amenities

laundry rooms
courtyard

Building Details

Year Built 1987
Listing Agency: Voit Real Estate Services San Diego
Listed By: Robert Vallera · License #CA 00818308
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 1 at 7:42AM

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 Voit Real Estate Services San Diego

Investment Insights

Based on property information with market context.

This well-maintained 14-unit apartment complex includes side-by-side seven-unit buildings that open to a spacious courtyard. The property was constructed in 1987 and features larger, more modern unit design compared with many nearby Normal Heights properties. Two onsite laundry rooms serve residents, and the units include newer flooring, fixtures, and appliances.

The property is located within a block of the Adams Avenue retail and entertainment corridor in San Diego’s Mid-City neighborhood of Normal Heights. The offering is also described as a high-walkability location, with a WalkScore of 88, and within walking distance of markets, restaurants, breweries, and retailers along Adams Avenue.

The complex benefits from a strong parking ratio of almost two spaces per unit. The current owners have completed more than $100,000 in capital improvements over the past year, including exterior painting and water-saving xeriscape.

Key Highlights

  • Well‑maintained 14‑unit apartment complex at 4605‑11 32nd Street, constructed in 1987
  • Side‑by‑side seven‑unit buildings open to a shared, spacious courtyard
  • Strong parking ratio of almost 2 spaces per unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Electrical Service Daycare Center Food Market Storage Facility

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

2,293
Businesses Nearby

Demographics for 92116, CA

31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
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 - Well-maintained 14-unit apartment complex with side-by-side buildings opening to a shared courtyard.
Where is this apartment building located?
The property is located at 4605 32nd St San Diego, CA.
What are key features of this property?
This property features: Well‑maintained 14‑unit apartment complex at 4605‑11 32nd Street, constructed in 1987; Side‑by‑side seven‑unit buildings open to a shared, spacious courtyard; Strong parking ratio of almost 2 spaces per unit
(858) 458-3337 Call to check price and availability
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