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Six-Cottage Apartment Property

4218-4228 Iowa Street, San Diego, CA 92104

For Sale
New
Contact for pricing

Six detached one-bedroom residences each have a private single-car garage on a North Park parcel.

Property SizeContact for details
Lot Size0.25 Acres
Days on Market7

Property Features for 4218-4228 Iowa Street

General Information

Standard status Active
Total Parking Spaces 6
Lot size 0.25 Acres
Property subtype Multifamily
Zoning RM-3-9

Site & Location

Neighborhood North Park
Road Access Yes

Units

Unit Mix 6 x 1BR
Multifamily Units 6
Listing Agency: Colliers - Los Angeles - La Jolla, California
Listed By: Aaron Bove · License CA #01318320
Source: Crexi
Added: Nov 5 Changed: Nov 10 Last Checked: Nov 10 at 8:00AM

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 Colliers - Los Angeles - La Jolla, California

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Investment Insights

Based on property information with market context.

Six one-bedroom cottages form this apartment property, with a separate single-car garage assigned to each residence. The improvements occupy an approximately 10,921-square-foot parcel at 4218–4228 Iowa Street in San Diego’s North Park neighborhood.

RM-3-9 zoning carries a base density designation of one dwelling unit per 600 square feet of lot area, a 2.7 floor area ratio and a 60-foot height limit. The site also falls within the Complete Communities Housing Solutions Tier 3, Sustainable Development Area, Transit Area Overlay Zone and Airport Land Use Compatibility Overlay Zone designations.

The existing cottages support continued residential use. Garage conversion or additional accessory dwelling units may be evaluated, with any development subject to site feasibility, airport compatibility, historic review and City approvals.

Key Highlights

  • Six one‑bedroom cottages on an approximately 10,921‑square‑foot lot
  • Six private single‑car garages
  • RM‑3‑9 zoning; base density of one dwelling unit per 600 square feet of lot area

Property Analytics

Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,768
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

Average Price Trend$/SF for Apartment buildings in San Diego, CA

$595 Jul
$593 Aug
$600 Sep
$592 Oct

Properties on Market for Apartment buildings in San Diego

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Six detached one-bedroom residences each have a private single-car garage on a North Park parcel.
Where is this apartment building located?
The property is located at 4218-4228 Iowa Street San Diego, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Six one‑bedroom cottages on an approximately 10,921‑square‑foot lot; Six private single‑car garages; RM‑3‑9 zoning; base density of one dwelling unit per 600 square feet of lot area
(858) 945-7094 Call to check price and availability
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