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Renovated 16-Unit Apartment Building
For Sale
$6,600,000

4638 Ohio St, San Diego, CA 92116

Upgraded multifamily community with varied floor plans, fireplaces, in-unit laundry, gated entry, and assigned off-street parking.

Property Size10,796 SF
Days on Market8

Property Features for 4638 Ohio St

General Information

Standard status Active
Size 10,796 SF
Net Rentable 10,796 SF
Property subtype Multifamily
Occupancy 97%

Units

Unit Mix 6 x 1BR/1BA, 4 x 2BR/1BA, 4 x 2BR/1.5BA, 2 x 2BR/2BA
Multifamily Units 16

Amenities

secure gated access
mature landscaping
dual-pane windows
Rare opportunity to acquire desirable 1980's construction
Individual APNs & condo plan offers flexible ownership and multiple exit strategies
Highly desirable unit mix with 10 of 16 units offering two-bedroom floor plans
Fully Renovated Interiors with condo-quality finishes, stainless steel appliances, and fully upgraded kitchens and bathrooms
Unique in-unit amenities with in-unit laundry, fireplaces, and private patios/balconies to select units
Prime North Park locations steps from Adams Avenue's restaurants, cafes, bars, and retail
Exceptional Parking with two spaces per units, including 12 private singe-car garages

Building Details

Building Size 10,796 SF
Year Built 1980
Units 16
Construction Spanish-style
Listed By: Chris Zorbas · License #License(s): CA: 01301418
Source: Marcusmillichap
Added: Sep 2 Changed: Sep 8 Last Checked: Sep 8 at 3:40AM

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 Chris Zorbas

Investment Insights

Based on property information with market context.

Located at 4638 Ohio Street in San Diego, the property is a 16-unit apartment community built in 1980 with approximately 10,796 rentable square feet. The unit mix includes one-bedroom and two-bedroom floor plans, with bathroom configurations ranging from one to two baths. Interiors have been upgraded with granite countertops, revised cabinetry, tile backsplashes, stainless steel appliances, tile floors, glass shower enclosures, and in-unit washers and dryers. Every residence also includes a fireplace.

The property provides two off-street parking spaces per unit, while 12 units include a private single-car garage. Select residences offer private patios or balconies. Exterior improvements include secure gated access, mature landscaping, dual-pane windows, and Spanish-style architectural detailing. The asset is situated in North Park, an established San Diego rental market.

Key Highlights

  • 16‑unit apartment community with approximately 10,796 rentable square feet
  • Unit mix includes six 1‑bedroom, four 2‑bedroom/1‑bathroom, four 2‑bedroom/1.5‑bathroom, and two 2‑bedroom/2‑bathroom units
  • All 16 units feature upgraded interiors, fireplaces, and in‑unit washers and dryers

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring Store Fish Market Tanning Salon 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

16
Residential units

Location Intelligence

Trade Area within ½ mile

3,276
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 - Upgraded multifamily community with varied floor plans, fireplaces, in-unit laundry, gated entry, and assigned off-street parking.
Where is this apartment building located?
The property is located at 4638 Ohio St San Diego, CA.
What is the asking price?
The asking price for this property is $6,600,000.
What are key features of this property?
This property features: 16‑unit apartment community with approximately 10,796 rentable square feet; Unit mix includes six 1‑bedroom, four 2‑bedroom/1‑bathroom, four 2‑bedroom/1.5‑bathroom, and two 2‑bedroom/2‑bathroom units; All 16 units feature upgraded interiors, fireplaces, and in‑unit washers and dryers
More about this property
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