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Duplex with Two Residences
For Sale
$995,000

1671 73 Donax Avenue, San Diego, CA 92154

The property includes separate utility meters, two two-car garages, and R-2:MINOR MULTIPLE zoning.

Property Size1,968 SF
Price / SF$505.59
Days on Market11

Property Features for 1671 73 Donax Avenue

General Information

Standard status Active
Size 1,968 SF
Total Parking Spaces 14
Property subtype Residential Income
Zoning R-2:MINOR MULTIPLE

Property Condition

Severity Repairs Needed
Evidence needs remodeling

Site & Location

Neighborhood Egger Highlands
Utilities to Site Yes

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Amenities

mature fruit trees
separate utility meters
laundry facilities

Building Details

Building Size 1,968 SF
Year Built 1980
Buildings 2
Stories 2
Units 2
Listing Agency: Coldwell Banker West
Listed By: Bertha Llamas · License #00869061
Source: Carealestatecenter
Added: Oct 14 Changed: Oct 22 Last Checked: Oct 22 at 2:31PM

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 Coldwell Banker West

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Investment Insights

Based on property information with market context.

Two homes occupy this duplex property, with a combined reported building area of 1,968 square feet. The front residence has three bedrooms, two bathrooms, a bonus room, and a dedicated laundry room; it requires remodeling. The rear residence, built in 1990, also has three bedrooms and two bathrooms, with laundry facilities in its two-car garage. Separate utility meters and two separate two-car garages serve the property.

Zoning is R-2:MINOR MULTIPLE. The property is described as near Imperial Beach, local parks, and schools. The possibility of adding units may be explored, subject to city approval.

Key Highlights

  • Two existing homes with 1,968 square feet of reported building area
  • Each residence has 3 bedrooms and 2 bathrooms
  • Front home includes a bonus room and dedicated laundry room; remodeling is needed

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,963
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,260 $799.3K
Cap Rate 7%
$570,900 $570.9K
Cap Rate 9%
$444,033 $444.0K
Market Conditions
NOI Build-Up for 1,968 SF
Gross rent
$60.2K $30.60/SF
− Vacancy
−$3.1K −$1.59/SF
EGI
$57.1K $29.01/SF
− OpEx
−$17.1K −$8.70/SF
NOI
$40.0K $20.31/SF
Area
ZIP 92154
Vacancy
5.20%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$799,260
Cap Rate 7%
$570,900
Cap Rate 9%
$444,033

Alternative Uses

Best Use
Multifamily LT 5
$570.9K
$499.5K – $666.1K (±1% cap)
NOI $39,963 @ 7.0% cap · market cap 4.02%
Second Best
Apartment 5plus
$529.9K
$463.7K – $618.3K (±1% cap)
NOI $37,096 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$704.4K
$616.4K – $821.8K (±1% cap)
NOI $49,310 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

924
Businesses Nearby

Demographics for 92154, CA

84,027
Population
23,832
Households
3.5
Avg Household Size
36
Median Age
21%
College-Educated
80%
High-School Grad
51.3 sq mi
ZIP Area
1,638
Density / Sq Mi
$90,035
Median Household Income
$42,333
Median Earnings
$2,143
Median Rent
$606,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property includes separate utility meters, two two-car garages, and R-2:MINOR MULTIPLE zoning.
Where is this duplex located?
The property is located at 1671 73 Donax Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Two existing homes with 1,968 square feet of reported building area; Each residence has 3 bedrooms and 2 bathrooms; Front home includes a bonus room and dedicated laundry room; remodeling is needed
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