Four-Unit Townhome-Style
4166 Monroe Avenue San Diego, CA 92116
For Sale
$2,350,000
Four 2-bedroom, 2.5-bath townhome-style units built in 1987, each with a private attached garage.
Property Size4,833 SF
Lot Size0.15 Acres
Price / SF$486.24
Days on Market72
Property Features for 4166 Monroe Avenue
General Information
- Standard status
- Active
- Size
- 4,833 SF
- Lot size
- 0.15 Acres
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 1987
Listing Agency:
Zakkout Real Estate Services
(858) 859-9737
Listed By:
Aziz Zakkout
(858) 859-9737
Source:
Americangrouponline
Added: May 15
Changed: Jul 22
Last Checked: Jul 25 at 3:01PM
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 Zakkout Real Estate Services
Investment Insights
Based on property information with market context.
4166 Monroe Avenue is a four-unit townhome-style multifamily property built in 1987 on a 0.15-acre lot. The building contains four spacious 2-bedroom, 2.5-bath units, each approximately 1,100 SF, for a total of about 4,833 SF of improvements. Every unit features an attached private garage along with additional on-site parking, and includes private outdoor space with a balcony and patio.
The units are arranged with open floor plans and are described as having upgraded kitchens and bathrooms, in-unit laundry, and gas fireplaces.
Positioned at the gateway of Kensington and Normal Heights in San Diego, this offering presents a straightforward, self-contained rental property with dedicated garage parking and on-site parking for each resident unit.
The units are arranged with open floor plans and are described as having upgraded kitchens and bathrooms, in-unit laundry, and gas fireplaces.
Positioned at the gateway of Kensington and Normal Heights in San Diego, this offering presents a straightforward, self-contained rental property with dedicated garage parking and on-site parking for each resident unit.
Key Highlights
- Four 2‑bedroom, 2.5‑bath townhome‑style units built in 1987
- Approx. 1,100 SF per unit; 4,833 SF total improvements on a 0.15‑acre lot
- Each unit has a private attached garage plus additional on‑site parking
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 | $130.5k | $27.00 |
| − Vacancy | −$6.8k | −$1.41 |
| EGI | $123.7k | $25.59 |
| − OpEx | −$37.1k | −$7.68 |
| NOI | $86.6k | $17.91 |
4,833 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$1.24M
$1.08M – $1.44M
NOI $86,576 @ 7.0% cap · market cap 3.68%
Second Best
Apartment 5plus
$1.14M
$998.5K – $1.33M
NOI $79,880 @ 7.0% cap · market cap 3.40%
Theoretical Best
Specialty Retail
$1.91M
$1.67M – $2.23M
NOI $133,623 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four 2-bedroom, 2.5-bath townhome-style units built in 1987, each with a private attached garage.
Where is this quadplex located?
The property is located at 4166 Monroe Avenue San Diego, CA.
What is the asking price?
The asking price for this property is $2,350,000.
What are key features of this property?
This property features: Four 2‑bedroom, 2.5‑bath townhome‑style units built in 1987; Approx. 1,100 SF per unit; 4,833 SF total improvements on a 0.15‑acre lot; Each unit has a private attached garage plus additional on‑site parking
