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Upgraded University Heights Multifamily Investment
For Sale
$1,995,000

4480 Texas Street, San Diego, CA 92116

Four upgraded units with modern amenities in a prime location.

Property SizeContact for details
Days on Market170

Property Features for 4480 Texas Street

General Information

Standard status Active
Property subtype Residential Income
Net Operating Income $99,934

Amenities

One
Other
https://www.propertypanorama.com/instaview/snd/260007432
No
Composition
Full

Building Details

Year Built 1925
Stories 1
Units 4
Listing Agency: Compass
Listed By: Melanie Fitzgerald · License #02003895
Source: Compass
Added: Mar 24 Changed: Sep 9 Last Checked: Sep 8 at 10:27AM

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 multifamily property, located in University Heights, features four upgraded units. The property at 4480-4486 Texas St includes one 2-bedroom, 1-bathroom unit and three 1-bedroom, 1-bathroom residences. Each bungalow-style unit has remodeled kitchens with new appliances and dishwashers, remodeled baths, in-unit laundry, and private fenced outdoor space. The property has undergone extensive improvements, including new copper plumbing and PVC drains to the alley, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on 4486. Exterior upgrades include fresh paint, new fencing, and private patios for all units. Additional features include split-system HVAC, tankless water heaters (3 units), EV charging at 4486, and three off-street parking spaces. All units are individually metered. The property is located near dining, shopping, and transit. The bike score is 80, indicating it is very bikeable. The walk score is 98, indicating it is a walker's paradise. The transit score is 55, indicating good transit options.

Key Highlights

  • Four upgraded units offering a strong rental income stream.
  • Each unit features in‑unit laundry, private fenced outdoor space, remodeled kitchens and baths, and modern appliances including dishwashers.
  • Significant capital improvements including new copper plumbing, PVC drains, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on one building.

Property Analytics

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Current Use

Quadplexes

Suggested Use

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

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

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
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

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

What type of property is this?
Quadplex - Four upgraded units with modern amenities in a prime location.
Where is this quadplex located?
The property is located at 4480 Texas Street San Diego, CA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Four upgraded units offering a strong rental income stream.; Each unit features in‑unit laundry, private fenced outdoor space, remodeled kitchens and baths, and modern appliances including dishwashers.; Significant capital improvements including new copper plumbing, PVC drains, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on one building.
More about this property
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