402-8 Olivewood Terrace, San Diego, CA 92113
Four-unit multifamily property in San Diego County for sale.
- Added:
- Mar 4, 2026
- Days on Market:
- 99
- Last Refresh:
- Mar 16 at 2:36 pm
Property Features for 402-8 Olivewood Terrace
General Information
- Standard status
- Active
- Size
- 2,844 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multifamily
Listing agent Grant Myerson License #02095348
Listing office The Browar Group
Listing date Mar 4, 2026
Source Crexi
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 The Browar Group
HighLights
- Lowest priced 4‑unit property currently on the market in San Diego County.
- Four units provide immediate rental income potential.
- Mix of unit sizes: two 2‑bedroom/1‑bath and two 3‑bedroom/2‑bath.
- Total living area of approximately 2,844 square feet.
- Property situated on a 6,337 square foot lot.
- Multifamily property suitable for investment.
Overview
Local Financial Insights For Multifamily LT 5
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 | $76.8k | $27.00 |
| − Vacancy | −$4.0k | −$1.41 |
| EGI | $72.8k | $25.59 |
| − OpEx | −$21.8k | −$7.68 |
| NOI | $50.9k | $17.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.1153572
- Latitude
- 32.7021142
