Six-Unit Apartment
4495 Clairemont Dr, San Diego, CA 92117
For Sale
$2,000,050
Well-maintained apartment property with on-site parking, laundry facilities, and access to nearby retail, dining, transit, and library services.
Property Size3,956 SF
Price / SF$505.57
Days on Market167
Property Features for 4495 Clairemont Dr
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Public Transit
Additional Details
Multifamily Units
Amenities
laundry unit
Listing Agency:
Cassidy & Assoc. Real Estate
Listed By:
Tim Cassidy · License #01209267
(619) 607-5968
Source:
Viewsandiegorealestate
Added: May 26
Changed: Nov 7
Last Checked: Oct 28 at 8:49AM
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 Cassidy & Assoc. Real Estate
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Investment Insights
Based on property information with market context.
This six-unit apartment building has been maintained by the owner, a carpenter, for 26 years. Each unit includes on-site parking, and the property has a laundry unit. The roof was installed and the exterior was painted within the past 5 years, providing documented updates to key building components.
The property is located in Clairemont within walking distance of Clairemont Square, the library, restaurants, and bus stops. Walk Score is 42, Bike Score is 33, and Transit Score is 37. Units are to be shown with an accepted offer only.
The property is located in Clairemont within walking distance of Clairemont Square, the library, restaurants, and bus stops. Walk Score is 42, Bike Score is 33, and Transit Score is 37. Units are to be shown with an accepted offer only.
Key Highlights
- 6‑unit apartment building maintained by the owner for 26 years
- On‑site parking for each unit
- Laundry unit on the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$65,385
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,307,700
$1.3M
Cap Rate 7%
$934,071
$934.1K
Cap Rate 9%
$726,500
$726.5K
Market Conditions
NOI Build-Up for 3,956 SF
Gross rent
$125.8K $31.80/SF
− Vacancy
−$6.9K −$1.75/SF
EGI
$118.9K $30.05/SF
− OpEx
−$53.5K −$13.52/SF
NOI
$65.4K $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%
$1,307,700
Cap Rate 7%
$934,071
Cap Rate 9%
$726,500
Alternative Uses
Best Use
Apartment 5plus
$934.1K
$817.3K – $1.09M
NOI $65,385 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.56M
$1.37M – $1.82M
NOI $109,375 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 92117, CA
51,505
Population
21,706
Households
2.4
Avg Household Size
40
Median Age
51%
College-Educated
91%
High-School Grad
8.7 sq mi
ZIP Area
5,920
Density / Sq Mi
$105,286
Median Household Income
$58,135
Median Earnings
$2,115
Median Rent
$914,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Apartment buildings in San Diego, CA
Properties on Market for Apartment buildings in San Diego
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained apartment property with on-site parking, laundry facilities, and access to nearby retail, dining, transit, and library services.
Where is this apartment building located?
The property is located at 4495 Clairemont Dr San Diego, CA.
What is the asking price?
The asking price for this property is $2,000,050.
What are key features of this property?
This property features: 6‑unit apartment building maintained by the owner for 26 years; On‑site parking for each unit; Laundry unit on the property
