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Six-Unit Multifamily Property
New
For Sale
$2,000,050

4495 Clairemont Drive, San Diego, CA 92117

MULTI_FAMILY - San Diego, CA

Property Size3,956 SF
Lot Size0.22 Acres
Price / SF$505.57
Days on Market5

Property Features for 4495 Clairemont Drive

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3:RESTRI
Bedrooms 33
Bathrooms 21
Full bathrooms 21
Rooms Bedroom 24, Bathroom 10, Bathroom 14, Bathroom 19, Bedroom 28, Bathroom 6, Bedroom 20, Bedroom 25, Bedroom 15, Bathroom 15, Bedroom 4, Bedroom 8, Bathroom 9, Bathroom 8, Bedroom 14, Bathroom 1, Bedroom 19, Bathroom 2, Bathroom 20, Bathroom 21, Bedroom 1, Bedroom 27, Bathroom 16, Bathroom 13, Bedroom 11, Bedroom 33, Bathroom 7, Bedroom 2, Bedroom 5, Bedroom 22, Bedroom 26, Bedroom 30, Bedroom 12, Bedroom 31, Bathroom 17, Bedroom 10, Bedroom 13, Bedroom 3, Bedroom 9, Bedroom 7, Bedroom 23, Bedroom 16, Bedroom 18, Bathroom 3, Bathroom 4, Bedroom 21, Bathroom 18, Bathroom 5, Bedroom 6, Bathroom 11, Bedroom 17, Bedroom 32, Bedroom 29, Bathroom 12
Subdivision San Diego (92117)
Standard status Active
APN 360-533-01-00
Size 3,956 SF
Lot size 0.22 Acres

Amenities

laundry unit

Building Details

Number of units 6
Listing Agency: Cassidy & Assoc. Real Estate
Listed By: Tim Cassidy · License #01209267
Added: Jul 28 Changed: Jul 31 Last Checked: Aug 1 at 2:06PM
MLS# 260018421

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Six-unit multifamily property on a 0.2211-acre lot zoned R-3: RESTRI. The units have been well maintained by the owner/carpenter for 26 years. The property includes on-site parking for each unit and a laundry unit on-site.

Recent exterior improvements include a roof installed and exterior painted within the past 5 years. The listing indicates units are to be shown with an accepted offer only, and the buyer is to cooperate with a 1031 exchange.

The building totals 3,956 square feet. The property’s room mix is configured as multiple bedrooms and bathrooms across the six units.

Key Highlights

  • Six units with on‑site parking for each unit
  • Laundry unit on site
  • Roof installed and exterior painted within past 5 years

Financial Insights For Apartment 5plus

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 $125.8k $31.80
− Vacancy −$6.9k −$1.75
EGI $118.9k $30.05
− OpEx −$53.5k −$13.52
NOI $65.4k $16.53
3,956 SF · lease $31.80/SF/yr · vacancy 5.50% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$934.1K
$817.3K – $1.09M (±1% cap)
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 (±1% cap)
NOI $109,375 @ 7.0% cap · market cap 5.47%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Hair Salon HVAC Service Real Estate Agency (Bike/Boat/Book/etc) Store Electrical 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

6
Residential units

Location Intelligence

Trade Area within ½ mile

532
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Six well-maintained units with on-site parking and an on-site laundry unit on a 0.2211-acre lot zoned R-3: RESTRI.
Where is this apartment building located?
The property is located at 4495 Clairemont Drive 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: Six units with on‑site parking for each unit; Laundry unit on site; Roof installed and exterior painted within past 5 years
More about this property
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