Renovated Triplex with
1610-12 Dahlia Avenue San Diego, CA 92154
1610-12 Dahlia Avenue, San Diego, CA, 92154
$1,099,000
Pending
For Sale
$1,099,000
Pending
MULTI_FAMILY - San Diego, CA
Property Size2,100 SF
Lot Size0.15 Acres
Days on Market49
Property Features for 1610-12 Dahlia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 3
- Rooms
- Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3
- Standard status
- Pending
- APN
- 627-041-25-00
- Size
- 2,100 SF
- Lot size
- 0.15 Acres
Utilities
- Heating system
- Gravity
- Cooling system
- Wall/Window Unit(s)
Building Details
- Year built
- 1959
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition
Listing Agency
eXp Realty of California, Inc.
(888) 584-9427
2603 Camino Ramon Suite 200, San Ramon, CA
Listed by
Benjamin Smith · License #02176703
(619) 218-6428
Added: Jun 1 Checked: Jul 19 at 6:06 am
MLS# 260013259
Listing URL
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.
Investment Insights
Based on property information with market context.
This renovated triplex includes three fully permitted residences on a single oversized lot: two front and back 2-bedroom, 1-bath homes and a studio ADU behind them. Each of the two-bedroom homes features a full kitchen and dining area, along with its own private yard. The studio ADU is permitted and includes a private entrance. All three units have been newly renovated and are fully gated.
The property is located in San Diego (92154), just minutes from the sand, with access to major routes including I-5. Coronado is a short hop away, and the beach is within walking distance. The layout offers true separation among the residences, making the property straightforward to manage as individual units. Showing is by appointment only.
For tenants, buyers, or owner-operators looking for flexible occupancy, the mix of three separate homes can support multiple living and leasing scenarios. One of the 2-bedroom units and the studio ADU are currently vacant, while the second 2-bedroom unit is leased month to month. That arrangement provides an opportunity to move into one unit while leasing the others, or to lease all three as separate rentals once available.
The property is located in San Diego (92154), just minutes from the sand, with access to major routes including I-5. Coronado is a short hop away, and the beach is within walking distance. The layout offers true separation among the residences, making the property straightforward to manage as individual units. Showing is by appointment only.
For tenants, buyers, or owner-operators looking for flexible occupancy, the mix of three separate homes can support multiple living and leasing scenarios. One of the 2-bedroom units and the studio ADU are currently vacant, while the second 2-bedroom unit is leased month to month. That arrangement provides an opportunity to move into one unit while leasing the others, or to lease all three as separate rentals once available.
Key Highlights
- 3 fully permitted units on one oversized lot: two 2 bed/1 bath homes plus a permitted 400 SF studio ADU
- Two front and back homes each offer 850 SF with full kitchens, dining areas, and private yards (one out front and one in back)
- Studio ADU is 400 SF with its own private entrance
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $64.3k | $30.60 |
| − Vacancy | −$3.3k | −$1.59 |
| EGI | $60.9k | $29.01 |
| − OpEx | −$18.3k | −$8.70 |
| NOI | $42.6k | $20.31 |
2,100 SF · lease $30.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$609.2K
$533.0K – $710.7K
NOI $42,643 @ 7.0% cap · market cap 3.88%
Second Best
Apartment 5plus
$565.5K
$494.8K – $659.7K
NOI $39,584 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$751.7K
$657.7K – $877.0K
NOI $52,618 @ 7.0% cap · market cap 4.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Three permitted renovated units with private yards and gated access, minutes from the beach.
Where is this triplex located?
The property is located at 1610-12 Dahlia Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: 3 fully permitted units on one oversized lot: two 2 bed/1 bath homes plus a permitted 400 SF studio ADU; Two front and back homes each offer 850 SF with full kitchens, dining areas, and private yards (one out front and one in back); Studio ADU is 400 SF with its own private entrance
