Eight-Unit Multifamily Value-Add
For Sale
$1,800,000
3141 53 Imperial Avenue, San Diego, CA 92113
Eight-unit San Diego multifamily with vacant units and garage infrastructure for ADU conversions.
Property SizeContact for details
Days on Market219
Property Features for 3141 53 Imperial Avenue
General Information
Standard status
Active
Property subtype
Commercial/Industrial
Additional Details
Opportunity Zone
Yes
Multifamily Units
8
Building Details
Year Built
1960
Tenancy
Multi
Listing Agency:
Southwest Equity Partners
(760) 419-5300
Listed By:
Gary Weddle · License #01919292
(858) 729-4646
Source:
Exitrealty
Added: Feb 27
Changed: Sep 9
Last Checked: Sep 15 at 6:14AM
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 Southwest Equity Partners
Investment Insights
Based on property information with market context.
This eight-unit multifamily property at 3141–3143 Imperial Avenue offers a straightforward renovation and repositioning path, with three units delivered vacant for an incoming owner. The site also includes three vacant two-car garages with existing plumbing and electrical infrastructure, each with direct access to a private courtyard, creating an opportunity for ADU conversion. The lot is described as large and well-configured, supporting redevelopment and expanded housing options.
The property benefits from direct frontage along the newly funded Imperial Avenue Bikeway, scheduled for completion in 2026. It is located in an opportunity zone and is immediately adjacent to a San Diego Trolley station, positioning the site for transit-oriented residential development and potential density and incentive utilization under the City of San Diego’s Complete Communities Initiative and California Senate Bill 79, effective July 1. Walk, bike, and transit scores are reported as very walkable (86), very bikeable (71), and good transit access (68).
This asset is best suited for private investors, multifamily developers, and value-add operators looking to implement unit renovations promptly and evaluate additional income through garage-to-ADU conversions. It also offers a redevelopment-ready site configuration, with multiple housing expansion approaches supported by existing onsite infrastructure and delivered vacancy.
The property benefits from direct frontage along the newly funded Imperial Avenue Bikeway, scheduled for completion in 2026. It is located in an opportunity zone and is immediately adjacent to a San Diego Trolley station, positioning the site for transit-oriented residential development and potential density and incentive utilization under the City of San Diego’s Complete Communities Initiative and California Senate Bill 79, effective July 1. Walk, bike, and transit scores are reported as very walkable (86), very bikeable (71), and good transit access (68).
This asset is best suited for private investors, multifamily developers, and value-add operators looking to implement unit renovations promptly and evaluate additional income through garage-to-ADU conversions. It also offers a redevelopment-ready site configuration, with multiple housing expansion approaches supported by existing onsite infrastructure and delivered vacancy.
Key Highlights
- Eight‑unit multifamily property built in 1960 in San Diego, CA
- Three units will be delivered vacant, allowing renovations and repositioning to start immediately after purchase
- Three vacant two‑car garages include existing plumbing and electrical and have direct access to a private courtyard for ADU conversion
Property Analytics
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Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,065
Businesses Nearby
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Business Placement
Demographics for 92113, CA
50,457
Population
14,443
Households
3.5
Avg Household Size
32
Median Age
11%
College-Educated
69%
High-School Grad
4.5 sq mi
ZIP Area
11,213
Density / Sq Mi
$59,177
Median Household Income
$31,099
Median Earnings
$1,608
Median Rent
$559,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit San Diego multifamily with vacant units and garage infrastructure for ADU conversions.
Where is this apartment building located?
The property is located at 3141 53 Imperial Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Eight‑unit multifamily property built in 1960 in San Diego, CA; Three units will be delivered vacant, allowing renovations and repositioning to start immediately after purchase; Three vacant two‑car garages include existing plumbing and electrical and have direct access to a private courtyard for ADU conversion
