10-Unit Renovated Apartment
New
For Sale
$3,450,000
4430 Campus Ave, San Diego, CA 92116
Updated apartments offer a varied one- and two-bedroom mix, on-site laundry, and dedicated parking.
Property Size6,854 SF
Price / SF$503.36
Days on Market5
Property Features for 4430 Campus Ave
General Information
Standard status
Active
Size
6,854 SF
Total Parking Spaces
10
Property subtype
Commercial
Occupancy
100%
Units
Unit Mix
1 x 2BR/2BA, 2 x 2BR/1.5BA, 7 x 1BR/1BA
Multifamily Units
10
Additional Details
Highway Access
Yes
Amenities
on-site laundry
Building Details
Units
10
Listing Agency:
Dunn, REALTORS/Park Pacific Properties
Listed By:
Bob Bruce · License #00788397
(619) 318-3232
Source:
Elliman
Added: Oct 16
Changed: Oct 18
Last Checked: Oct 19 at 7:24AM
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 Dunn, REALTORS/Park Pacific Properties
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Investment Insights
Based on property information with market context.
This 10-unit multifamily building contains 6,854 square feet and a mix of one 2-bedroom, 2-bath unit, two 2-bedroom, 1.5-bath units, and seven 1-bedroom, 1-bath units. Renovated interiors include stainless steel appliances, granite countertops, luxury vinyl plank flooring, mirrored closet doors, and air conditioning. On-site laundry and 10 dedicated off-street parking spaces serve the property.
The building is in University Heights on a residential street, with shopping and restaurants nearby and freeway access. Walk Score is 78, Bike Score is 54, and Transit Score is 48. Occupancy is reported at 100%.
The building is in University Heights on a residential street, with shopping and restaurants nearby and freeway access. Walk Score is 78, Bike Score is 54, and Transit Score is 48. Occupancy is reported at 100%.
Key Highlights
- 10‑unit multifamily property totaling 6,854 square feet
- Unit mix: one 2BR/2BA, two 2BR/1.5BA, and seven 1BR/1BA apartments
- Renovated units with stainless steel appliances, granite countertops, and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,283
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,265,660
$2.3M
Cap Rate 7%
$1,618,329
$1.6M
Cap Rate 9%
$1,258,700
$1.3M
Market Conditions
NOI Build-Up for 6,854 SF
Gross rent
$218.0K $31.80/SF
− Vacancy
−$12.0K −$1.75/SF
EGI
$206.0K $30.05/SF
− OpEx
−$92.7K −$13.52/SF
NOI
$113.3K $16.53/SF
Area
San Diego, CA
Vacancy
5.50%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,265,660
Cap Rate 7%
$1,618,329
Cap Rate 9%
$1,258,700
Alternative Uses
Best Use
Apartment 5plus
$1.62M
$1.42M – $1.89M
NOI $113,283 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.71M
$2.37M – $3.16M
NOI $189,499 @ 7.0% cap · market cap 5.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
10
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,554
Businesses Nearby
Explore this area
Business Placement
Demographics for 92116, CA
31,523
Population
17,827
Households
1.8
Avg Household Size
37
Median Age
58%
College-Educated
96%
High-School Grad
3.4 sq mi
ZIP Area
9,271
Density / Sq Mi
$95,775
Median Household Income
$63,420
Median Earnings
$1,903
Median Rent
$898,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Updated apartments offer a varied one- and two-bedroom mix, on-site laundry, and dedicated parking.
Where is this apartment building located?
The property is located at 4430 Campus Ave San Diego, CA.
What is the asking price?
The asking price for this property is $3,450,000.
What are key features of this property?
This property features: 10‑unit multifamily property totaling 6,854 square feet; Unit mix: one 2BR/2BA, two 2BR/1.5BA, and seven 1BR/1BA apartments; Renovated units with stainless steel appliances, granite countertops, and luxury vinyl plank flooring
