Renovated 6-Unit Multifamily
For Sale
$2,000,000
4154 58 ESTRELLA Ave, San Diego, CA 92105
Six renovated units with a communal courtyard, on-site laundry, and separately metered gas and electric for simplified operations.
Property Size3,011 SF
Lot Size0.14 Acres
Price / SF$664.23
Days on Market49
Property Features for 4154 58 ESTRELLA Ave
General Information
Standard status
Active
Size
3,011 SF
Total Parking Spaces
6
Lot size
0.14 Acres
Property subtype
Investment
Additional Details
Highway Access
Yes
Multifamily Units
6
Building Details
Year Built
1950
Listing Agency:
Lee & Associates | North San Diego County
(760) 929-7846
Listed By:
Eric von Bluecher · License #01926201
(760) 929-7846
Source:
Elliman
Added: Jun 18
Changed: Jul 10
Last Checked: Aug 5 at 8:52AM
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 Lee & Associates | North San Diego County
Investment Insights
Based on property information with market context.
4154-4158 Estrella Avenue is a renovated 6-unit multifamily property built in 1950. The building includes a unit mix of one two-bedroom, one-bath unit; three one-bedroom, one-bath units; and two studio units, totaling approximately 3,011 square feet across the community. Recent capital improvements include interior and exterior renovations, new windows, upgraded common areas, and a professionally maintained communal courtyard designed to improve tenant comfort and curb appeal. Additional on-site amenities include laundry facilities. Parking totals six spaces, comprised of two single surface spaces and two tandem parking areas. The property is separately metered for gas and electric, supporting more efficient building-level management.
Located in the Colina Del Sol/City Heights submarket of San Diego, the property is positioned for practical day-to-day access to shopping, dining, schools, public transportation, and major employment centers. Connectivity is supported by Interstate 15, Interstate 805, and State Route 94, which can facilitate commutes throughout the region. Public walkability and transit access are reflected in a walkScore of 92 and transitScore of 55, with a bikeScore of 49.
For prospective owners or operators, this renovated 6-unit configuration provides a straightforward residential income profile with a mix of studio, one-bedroom, and two-bedroom layouts, alongside dedicated parking and on-site laundry. The separately metered utilities and refreshed common elements are intended to support efficient operations and tenant experience, while buyers should confirm all details and assumptions during due diligence.
Located in the Colina Del Sol/City Heights submarket of San Diego, the property is positioned for practical day-to-day access to shopping, dining, schools, public transportation, and major employment centers. Connectivity is supported by Interstate 15, Interstate 805, and State Route 94, which can facilitate commutes throughout the region. Public walkability and transit access are reflected in a walkScore of 92 and transitScore of 55, with a bikeScore of 49.
For prospective owners or operators, this renovated 6-unit configuration provides a straightforward residential income profile with a mix of studio, one-bedroom, and two-bedroom layouts, alongside dedicated parking and on-site laundry. The separately metered utilities and refreshed common elements are intended to support efficient operations and tenant experience, while buyers should confirm all details and assumptions during due diligence.
Key Highlights
- Renovated 6‑unit multifamily built in 1950 totaling approx. 3,011 SF on an approx. 6,291 SF lot
- Unit mix includes (1) 2BR/1BA, (3) 1BR/1BA, and (2) studio units
- Interior and exterior renovations include new windows and upgraded common areas, plus a professionally maintained communal courtyard
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 | $108.4k | $36.00 |
| − Vacancy | −$6.0k | −$1.98 |
| EGI | $102.4k | $34.02 |
| − OpEx | −$46.1k | −$15.31 |
| NOI | $56.3k | $18.71 |
3,011 SF · lease $36.00/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$804.8K
$704.2K – $939.0K
NOI $56,339 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,248 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,917
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six renovated units with a communal courtyard, on-site laundry, and separately metered gas and electric for simplified operations.
Where is this apartment building located?
The property is located at 4154 58 ESTRELLA Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Renovated 6‑unit multifamily built in 1950 totaling approx. 3,011 SF on an approx. 6,291 SF lot; Unit mix includes (1) 2BR/1BA, (3) 1BR/1BA, and (2) studio units; Interior and exterior renovations include new windows and upgraded common areas, plus a professionally maintained communal courtyard
