5-Unit Apartment Property with
1344-48 La Palma, San Diego, CA 92109
For Sale
$3,075,000
Pending
Residential Income, San Diego, CA
Property Size3,160 SF
Lot Size0.17 Acres
Days on Market49
Property Features for 1344-48 La Palma
General Information
Property type
Property subtype
Zoning
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Subdivision
Standard status
APN
Size
Lot size
Utilities
Cooling system
Amenities
private patios/balconies
A/C
skylight/solar-tube lighting
separate laundry room
storage
washer/dryer hookups
vaulted ceilings
Building Details
Floors in Building
Number of units
Flooring type
Roof type
Buildings
Listing Agency:
Coldwell Banker West · Coldwell Banker Real Estate
Listed By:
Michael J Wolf · License CA #01709065
(858) 722-6847
Added: Sep 24
Changed: Oct 31
Last Checked: Nov 11 at 5:06AM
MLS# 260023323
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This five-residence apartment property pairs a detached cottage at the front of the site with a four-unit building behind it. The cottage is approximately 1,100 square feet and includes two full bathrooms, a separate laundry room, a walk-in closet, A/C, and a private patio. The rear building has two one-bedroom residences of about 500 square feet each and two two-bedroom residences of about 600 square feet each. The rear units have private patios or balconies, and each residence has two allocated parking spaces. All five residences are vacant.
The approximately 7,500-square-foot site is zoned RM-2-5 and is less than one block from Mission Bay and Fanuel Street Park. Recent work includes newer roofs on both buildings, sewer line replacement, newer water heaters, and an exterior repaint. Interior updates vary by residence and include flooring, kitchen finishes, vanities, and tiled shower enclosures.
The approximately 7,500-square-foot site is zoned RM-2-5 and is less than one block from Mission Bay and Fanuel Street Park. Recent work includes newer roofs on both buildings, sewer line replacement, newer water heaters, and an exterior repaint. Interior updates vary by residence and include flooring, kitchen finishes, vanities, and tiled shower enclosures.
Key Highlights
- Five vacant residences: one detached cottage and four units in the rear building
- Approximately 7,500‑square‑foot site with RM‑2‑5 zoning
- Cottage is approximately 1,100 square feet; includes two full bathrooms, laundry room, walk‑in closet, A/C, and private patio
Property Analytics
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Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
3,055
Businesses Nearby
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Business Placement
Demographics for 92109, CA
44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in San Diego, CA
Properties on Market for Apartment buildings in San Diego
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - All residences are vacant, with a detached cottage and a separate rear building offering a mix of one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 1344-48 La Palma San Diego, CA.
What is the asking price?
The asking price for this property is $3,075,000.
What are key features of this property?
This property features: Five vacant residences: one detached cottage and four units in the rear building; Approximately 7,500‑square‑foot site with RM‑2‑5 zoning; Cottage is approximately 1,100 square feet; includes two full bathrooms, laundry room, walk‑in closet, A/C, and private patio
