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5-Unit Apartment Building
For Sale
$1,045,000
Pending

3860 45th Street ST, San Diego, CA 92105

Five residential units include a detached house and multiple one-bedroom layouts.

Property SizeContact for details
Days on Market70

Property Features for 3860 45th Street ST

General Information

Standard status Pending
Property subtype Commercial/Industrial
Listing Agency: Apartment Realty Group (ARG)
Listed By: James Carter · License #01352336
Source: Exitrealty
Added: Jun 25 Changed: Sep 2 Last Checked: Sep 1 at 6:12PM

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 Apartment Realty Group (ARG)

Investment Insights

Based on property information with market context.

This five-unit multifamily property includes a mix of apartment and detached-house formats. The unit plan comprises one 2-bedroom/2-bathroom residence, a separate 1-bedroom/1-bathroom house, two 1-bedroom/1-bathroom units arranged in a central stacked two-story structure, and a smaller 1-bedroom/1-bathroom unit positioned at the rear of the property.

Located at 3860 45th Street in San Diego’s City Heights area, the property offers an in-place 6.32% cap rate and a 10.44 GRM. The stated pro forma metrics are a 7.34% cap rate and a 9.36 GRM.

Key Highlights

  • 5‑unit multifamily property in City Heights
  • Unit mix includes one 2‑bedroom/2‑bathroom unit and four 1‑bedroom/1‑bathroom units
  • Detached 1‑bedroom/1‑bathroom house included

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Parking Lot & Garage Clothing & Fashion Store Acupuncture

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

Location Intelligence

Trade Area within ½ mile

2,018
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 - Five residential units include a detached house and multiple one-bedroom layouts.
Where is this apartment building located?
The property is located at 3860 45th Street ST San Diego, CA.
What is the asking price?
The asking price for this property is $1,045,000.
What are key features of this property?
This property features: 5‑unit multifamily property in City Heights; Unit mix includes one 2‑bedroom/2‑bathroom unit and four 1‑bedroom/1‑bathroom units; Detached 1‑bedroom/1‑bathroom house included
More about this property
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