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Turnkey 7-Unit Apartment Community
For Sale
$3,350,000

4471 Louisiana St, San Diego, CA 92116

Newly constructed and extensively renovated 7-unit apartment property with off-street parking and all units currently leased.

Property Size3,950 SF
Price / SF$848.10
Days on Market35

Property Features for 4471 Louisiana St

General Information

Standard status Active
Size 3,950 SF
Total Parking Spaces 6
Property subtype Commercial
Occupancy 100%

Additional Details

Business Included Yes
Multifamily Units 7

Building Details

Year Built 2026
Tenancy Multi
Listing Agency: Conor Brennan, Broker
Listed By: Conor Brennan ([email protected])
Source: Mrmurrieta
Added: Jul 10 Changed: Jul 20 Last Checked: Aug 12 at 7:04AM

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 Conor Brennan, Broker

Investment Insights

Based on property information with market context.

This turnkey 7-unit apartment community was newly constructed and extensively renovated, with work completed to the studs in 2026. The property offers a mix of unit types, including one detached two-bedroom/two-bath home, four one-bedroom/one-bath units, and two newly constructed one-bedroom ADU units. Unit configurations are designed around modern finishes, and all units are currently leased. Tenants reimburse utilities.

The property includes six off-street parking spaces. Four of the spaces are accessed from an alley, with two additional front parking spaces.

The overall unit mix consists of one two-bedroom unit, four one-bedroom units, and two additional one-bedroom ADU units, creating a cohesive residential income offering within a walkable urban submarket.

Key Highlights

  • Newly constructed and extensively renovated 7‑unit apartment community in San Diego’s University Heights neighborhood
  • Unit mix: 1 detached 2BR/2BA (~800 SF) plus 4 one‑bedroom/one‑bath units (~575 SF each) and 2 newly built 1BR ADUs (~425 SF each)
  • All units leased; tenants reimburse utilities to help minimize operating expenses

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store Restaurant Fish Market HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

2,401
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Newly constructed and extensively renovated 7-unit apartment property with off-street parking and all units currently leased.
Where is this apartment building located?
The property is located at 4471 Louisiana St San Diego, CA.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Newly constructed and extensively renovated 7‑unit apartment community in San Diego’s University Heights neighborhood; Unit mix: 1 detached 2BR/2BA (~800 SF) plus 4 one‑bedroom/one‑bath units (~575 SF each) and 2 newly built 1BR ADUs (~425 SF each); All units leased; tenants reimburse utilities to help minimize operating expenses
More about this property
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