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16-Unit Multifamily Portfolio
For Sale
Contact for pricing
Pending

4135 Idaho St, San Diego, CA 92104

Three renovated San Diego properties offer existing apartment income and documented opportunities for additional residential development.

Property SizeContact for details
Days on Market141

Property Features for 4135 Idaho St

General Information

Standard status Pending
Property subtype Multifamily
Zoning Complete Communities Tier 3

Additional Details

Multifamily Units 16
Listing Agency: ABI Multifamily LLC
Listed By: Elias Mathews · License #02225400
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 7:26PM

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 ABI Multifamily LLC

Investment Insights

Based on property information with market context.

This multifamily portfolio comprises 16 units across three San Diego properties in North Park, Golden Hill, and University Heights. The North Park property contains eight units, was built in 1970, and includes eight on-site parking spaces. Renovations completed in 2019 included interior improvements, a new 50-year roof, replacement windows, and parking-area paving. The Golden Hill property includes four units on one parcel and a three-bedroom house on a contiguous parcel; all five units were remodeled in 2016 with updated gas, sewer, electrical, and plumbing systems. The University Heights asset consists of a two-bedroom house and two one-bedroom units, with renovations completed in 2016 and 2021, Spanish-style architecture, modernized interiors, and new stucco exteriors.

All three properties are in Complete Communities Tier 3 zones with a 6.5 FAR and TPA overlay. Third-party ADU consultants have identified potential for 17 additional ADU units across the portfolio. The Golden Hill property includes over 10,000 SF of land across two contiguous parcels and is located within a Qualified Opportunity Zone. The University Heights property also carries commercial zoning, while possible Mills Act qualification is noted in the property information.

Key Highlights

  • 16 existing multifamily units across 3 San Diego properties
  • 17 additional ADU units identified as potential across the portfolio
  • Complete Communities Tier 3 zoning with 6.5 FAR and TPA overlay

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store HVAC Service Big Box & Wholesale Store

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

2,815
Businesses Nearby

Demographics for 92104, CA

44,265
Population
24,580
Households
1.8
Avg Household Size
36
Median Age
55%
College-Educated
94%
High-School Grad
3.7 sq mi
ZIP Area
11,964
Density / Sq Mi
$92,862
Median Household Income
$60,195
Median Earnings
$1,925
Median Rent
$861,600
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?
Multifamily property - Three renovated San Diego properties offer existing apartment income and documented opportunities for additional residential development.
Where is this multifamily property located?
The property is located at 4135 Idaho St San Diego, CA.
What are key features of this property?
This property features: 16 existing multifamily units across 3 San Diego properties; 17 additional ADU units identified as potential across the portfolio; Complete Communities Tier 3 zoning with 6.5 FAR and TPA overlay
More about this property
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