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Renovated 22-Unit Apartment Building
New
For Sale
$6,995,000

3423 Marlborough Ave, San Diego, CA 92105

Two-parcel community with in-unit laundry, onsite parking, and access to transit, freeways, and shopping.

Property SizeContact for details
Days on Market4

Property Features for 3423 Marlborough Ave

General Information

Standard status Active
Total Parking Spaces 28
Property subtype Commercial

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 18 x 2Bdrm/2Bath, 4 x 1Bdrm/1Bath
Multifamily Units 22

Amenities

in-unit laundry

Building Details

Year Renovated 2020
Units 22
Listing Agency:
Listed By: James Carter
Source: Elliman
Added: Aug 8 Changed: Aug 9 Last Checked: Aug 11 at 9:08AM

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 James Carter

Investment Insights

Based on property information with market context.

Renovated in 2020, this 22-unit apartment community at 3423 Marlborough Ave includes eighteen 2-bedroom, 2-bath units and four 1-bedroom, 1-bath units. The larger units offer in-unit laundry, while the property provides 28 onsite parking spaces. The asset comprises two separate parcels: 454-332-27-00 and 454-332-01-00.

The community is located in San Diego’s City Heights neighborhood within a predominantly single-family residential setting. Transit, local freeways, and shopping are nearby. Walk Score is 92, Transit Score is 55, and Bike Score is 49.

Key Highlights

  • 22‑unit apartment community renovated in 2020
  • Unit mix includes eighteen 2‑bedroom/2‑bath units and four 1‑bedroom/1‑bath units
  • In‑unit laundry is provided in the 2‑bedroom units

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

22
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,235
Businesses Nearby

Demographics for 92105, CA

66,579
Population
23,862
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
71%
High-School Grad
5.8 sq mi
ZIP Area
11,479
Density / Sq Mi
$65,174
Median Household Income
$34,469
Median Earnings
$1,687
Median Rent
$593,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-parcel community with in-unit laundry, onsite parking, and access to transit, freeways, and shopping.
Where is this apartment building located?
The property is located at 3423 Marlborough Ave San Diego, CA.
What is the asking price?
The asking price for this property is $6,995,000.
What are key features of this property?
This property features: 22‑unit apartment community renovated in 2020; Unit mix includes eighteen 2‑bedroom/2‑bath units and four 1‑bedroom/1‑bath units; In‑unit laundry is provided in the 2‑bedroom units
More about this property
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