22-Unit Apartment
For Sale
Contact for pricing
Pending
3013 C St, San Diego, CA 92102
Apartment community with gated garage parking, on-site laundry, and access to neighborhood retail, dining, and nearby Balboa Park.
Property Size14,896 SF
Days on Market182
Property Features for 3013 C St
General Information
Standard status
Pending
Size
14,896 SF
Total Parking Spaces
33
Property subtype
Multifamily
Net Operating Income
$287,534
Property Condition
Severity
Repairs Needed
Evidence
targeted interior upgrade plan
Units
Unit Mix
12 x 2BR/1.5BA, 10 x 1BR/1BA
Multifamily Units
22
Additional Details
Highway Access
Yes
Amenities
gated garage parking
on-site laundry
Building Details
Year Built
1985
Buildings
2
Units
33
Listing Agency:
WHITEWATER Commercial Real Estate
Listed By:
Carson Trujillo · License #CA 01974818
(859) 433-8741
Source:
Crexi
Added: Apr 22
Changed: Oct 10
Last Checked: Oct 19 at 3:57AM
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 WHITEWATER Commercial Real Estate
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Investment Insights
Based on property information with market context.
Town Pines is a 22-unit apartment community built in 1985, with a mix of 12 two-bedroom, one-and-a-half-bath units and 10 one-bedroom, one-bath units. Property features include secure ground-level gated garage parking, 33 parking spaces, and on-site laundry facilities.
The property is located in Golden Hill at 3013 C Street, within walking distance of neighborhood shops and restaurants. Balboa Park is nearby, while Interstate 5 and State Route 94 provide regional access. Downtown San Diego is minutes away, along with the employment, dining, and lifestyle destinations of North Park and Hillcrest.
The property is located in Golden Hill at 3013 C Street, within walking distance of neighborhood shops and restaurants. Balboa Park is nearby, while Interstate 5 and State Route 94 provide regional access. Downtown San Diego is minutes away, along with the employment, dining, and lifestyle destinations of North Park and Hillcrest.
Key Highlights
- 22‑unit apartment community constructed in 1985
- Unit mix includes 12 two‑bedroom/one‑and‑a‑half‑bath units and 10 one‑bedroom/one‑bath units
- 33 parking spaces with secure ground‑level gated garage parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$246,202
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,924,040
$4.9M
Cap Rate 7%
$3,517,171
$3.5M
Cap Rate 9%
$2,735,578
$2.7M
Market Conditions
NOI Build-Up for 14,896 SF
Gross rent
$473.7K $31.80/SF
− Vacancy
−$26.1K −$1.75/SF
EGI
$447.6K $30.05/SF
− OpEx
−$201.4K −$13.52/SF
NOI
$246.2K $16.53/SF
Area
San Diego, CA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,924,040
Cap Rate 7%
$3,517,171
Cap Rate 9%
$2,735,578
Alternative Uses
Best Use
Apartment 5plus
$3.52M
$3.08M – $4.10M
NOI $246,202 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.88M
$5.15M – $6.86M
NOI $411,845 @ 7.0% cap · market cap 5.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
22
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,095
Businesses Nearby
Explore this area
Business Placement
Demographics for 92102, CA
39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Apartment community with gated garage parking, on-site laundry, and access to neighborhood retail, dining, and nearby Balboa Park.
Where is this apartment building located?
The property is located at 3013 C St San Diego, CA.
What is the asking price?
The asking price for this property is $6,950,000.
What are key features of this property?
This property features: 22‑unit apartment community constructed in 1985; Unit mix includes 12 two‑bedroom/one‑and‑a‑half‑bath units and 10 one‑bedroom/one‑bath units; 33 parking spaces with secure ground‑level gated garage parking
