Charming Julian Multifamily Rental
For Sale
$929,000
2603 C Street, Julian, CA 92036
MULTI_FAMILY - Julian, CA
Property Size2,673 SF
Price / SF$347.55
Days on Market123
Property Features for 2603 C Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 6, Bedroom 7, Bathroom 4, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 6, Bedroom 4, Bathroom 3, Bedroom 3, Bedroom 8, Bedroom 1, Bedroom 5
Exterior features
Corner Lot, Public Street
Subdivision
JULIAN
Directions
south on Main left on C Street.
Standard status
Active
APN
2910870100
Size
2,673 SF
Utilities
Heating system
Wood
Building Details
Year built
2002
Floors in Building
1
Number of units
4
Roof type
Metal, Composition
Listing Agency:
Hunter & Maddox Intl. Inc.
(619) 930-9101
Listed By:
Anthony Napoli · License #01311452
(619) 750-3558
Added: Apr 1
Changed: Jul 15
Last Checked: Aug 1 at 5:06PM
MLS# 260008748
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 charming complex of home and cottages is a high-performing short-term rental property located in Julian, California, steps from Main Street. The turnkey operation is popular with tourists visiting the area, known for its apple pies and country shops. The property includes a 1073 square foot, 4-bedroom house, a two-bedroom home, and two tiny cottages. The main house features a large hot tub, backyard, and patio. The second house has a large yard with a fire pit. The two cottages include wood-burning stoves. The complex has parking. A buyer could live in the main house and rent out the other three units.
Key Highlights
- Corner lot with public street frontage
- Complex includes a 1,073 SF 4‑bedroom main house plus a 2‑bedroom home and two tiny cottages
- Main house features a large hot tub and a backyard patio
Financial Insights For Apartment 5plus
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 | $85.0k | $31.80 |
| − Vacancy | −$4.3k | −$1.59 |
| EGI | $80.8k | $30.21 |
| − OpEx | −$36.3k | −$13.59 |
| NOI | $44.4k | $16.62 |
2,673 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$634.5K
$555.2K – $740.2K
NOI $44,413 @ 7.0% cap · market cap 4.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.43M
NOI $85,728 @ 7.0% cap · market cap 9.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
295
Businesses Nearby
Explore this area
Business Placement
Demographics for 92036, CA
3,735
Population
2,305
Households
1.6
Avg Household Size
53
Median Age
37%
College-Educated
91%
High-School Grad
504.3 sq mi
ZIP Area
7
Density / Sq Mi
$71,875
Median Household Income
$45,980
Median Earnings
$1,938
Median Rent
$544,700
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Short term rental property - Turnkey short-term rental property near Julian's Main Street.
Where is this short term rental property located?
The property is located at 2603 C Street Julian, CA.
What is the asking price?
The asking price for this property is $929,000.
What are key features of this property?
This property features: Corner lot with public street frontage; Complex includes a 1,073 SF 4‑bedroom main house plus a 2‑bedroom home and two tiny cottages; Main house features a large hot tub and a backyard patio
