Three-Unit Property with Expansion
4321-25 Estrella Ave San Diego, CA 92115
For Sale
Contact for pricing
Three-unit property with potential to add a fourth unit.
Property Size2,160 SF
Price / SF$532.41
Days on Market1060
Property Features for 4321-25 Estrella Ave
General Information
- Standard status
- Active
- Size
- 2,160 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1970
Listing Agency:
Compass
(858) 299-5944
Listed By:
Liliana Bristman · License #CA 01328288
Source:
Crexi
Added: Sep 1, 2023
Changed: Jul 10
Last Checked: Jul 26 at 7:43AM
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 Compass
Investment Insights
Based on property information with market context.
This is a three-unit property totaling 2160 square feet, presenting an investment opportunity with the potential to add a fourth unit. The front house is a spacious two-bedroom, one-bathroom unit featuring ample natural light, upgraded kitchen cabinets and countertops, a range, an oven, and tile flooring. The living and dining areas, along with one bedroom, have real hardwood flooring, while the second bedroom has newer laminate flooring. The front house also includes a porch, a back patio, and a laundry area. The separate back building contains two one-bedroom, one-bathroom units. The property is gated and includes an extra-large three-car tandem garage with a full bathroom and laundry facilities. There is plenty of parking space available on the property. The location offers convenient access to highways, restaurants, shops, and parks.
Key Highlights
- 3‑Unit Property with Option to Add a 4th Unit
- Extra Large 3‑Car Tandem Garage with Full Bathroom & Laundry
- Gated Property with Plenty of Parking Space
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 | $58.3k | $27.00 |
| − Vacancy | −$3.0k | −$1.41 |
| EGI | $55.3k | $25.59 |
| − OpEx | −$16.6k | −$7.68 |
| NOI | $38.7k | $17.91 |
2,160 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$552.8K
$483.7K – $644.9K
NOI $38,693 @ 7.0% cap · market cap 3.36%
Second Best
Apartment 5plus
$510.0K
$446.3K – $595.0K
NOI $35,701 @ 7.0% cap · market cap 3.10%
Theoretical Best
Specialty Retail
$853.1K
$746.5K – $995.3K
NOI $59,720 @ 7.0% cap · market cap 5.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Three-unit property with potential to add a fourth unit.
Where is this triplex located?
The property is located at 4321-25 Estrella Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 3‑Unit Property with Option to Add a 4th Unit; Extra Large 3‑Car Tandem Garage with Full Bathroom & Laundry; Gated Property with Plenty of Parking Space
