1610-12 Dahlia Avenue San Diego, CA 92154
Three newly renovated permitted units, including a studio ADU, offer flexible live-or-lease options.
Property Features for 1610-12 Dahlia Avenue
General Information
- Standard status
- Active
- Size
- 2,100 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1959
Listing office eXp Realty of California, Inc.
Listing date Jun 2, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of California, Inc.
Investment Insights
Based on property information with market context.
The setup is located just minutes from the sand, with convenient access to the 5 and a short hop to Coronado. The beach is within walking distance, supporting both coastal living and flexible rental use.
Tenancy is structured to accommodate multiple strategies. 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 combination gives an owner options to move in while another unit produces income, reset vacant spaces as desired, or operate all three units as rentals. Shown by appointment only.
Key Highlights
- Three fully permitted, newly renovated units on one oversized lot (built 1959).
- Two 2 bed / 1 bath homes, each with a full kitchen and dining area, plus private yards (850 SF each).
- Permitted 400 SF studio ADU at the rear 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 |
