4112 Bannock Avenue San Diego, CA 92117
Five-unit apartment building with off-street parking, including three 2-bedroom/1-bath cottages and two 3-bedroom/2-bath units.
Property Features for 4112 Bannock Avenue
General Information
- Standard status
- Active
- Size
- 4,900 SF
- Property subtype
- Retail, Multifamily
Building Details
- Year Built
- 1954
Listing office Marcus & Millichap - San Diego
Listing date Jul 9, 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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
Located in the Clairemont area of San Diego, the property is positioned between Tecolote Canyon Natural Park and Mission Bay Park. Interstate 8 provides convenient regional connectivity, with Downtown San Diego approximately 7 miles away, San Diego International Airport about 6 miles away, and the University of San Diego roughly 3 miles from the property.
The combination of cottage-style 2-bedroom units and 3-bedroom/2-bath homes with private garages creates a practical balance of unit sizes within a single, income-producing asset.
Key Highlights
- 5‑unit multifamily property built in 1954 in San Diego’s Clairemont neighborhood
- Unit mix includes three 2 bed/1 bath cottage‑style units and two 3 bed/2 bath units
- Off‑street parking plus private garages for the 3‑bedroom/2‑bath units
Local Financial Insights For Apartment 5plus
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 | $155.8k | $31.80 |
| − Vacancy | −$8.6k | −$1.75 |
| EGI | $147.2k | $30.05 |
| − OpEx | −$66.3k | −$13.52 |
| NOI | $81.0k | $16.53 |
