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Renovated Quadplex with Parking
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4527-49 Olney St, San Diego, CA 92109

Four-unit property combining a detached home with a separate triplex and updated building systems.

Property Size3,028 SF
Lot Size0.14 Acres
Price / SF$940.89
Days on Market12

Property Features for 4527-49 Olney St

General Information

Standard status Active
Size 3,028 SF
Total Parking Spaces 4
Lot size 0.14 Acres
Property subtype Multifamily
Zoning RM-2-5
Occupancy 100%
Net Operating Income $115,781

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA detached, 3 x 2BR/1BA
Multifamily Units 4

Amenities

in-unit laundry

Building Details

Year Built 1956
Year Renovated 2026
Buildings 2
Stories 2
Units 4
Listing Agency: Starker West, Inc
Listed By: Adam Cairo · License #CA 01948040
Source: Crexi
Added: Aug 18 Changed: Aug 28 Last Checked: Aug 28 at 8:52PM

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 Starker West, Inc

Investment Insights

Based on property information with market context.

This 3,028-square-foot quadplex includes a detached 2BR/1BA home and a separate building with three 2BR/1BA units. Recent work includes new roofs, electrical systems, windows, fencing, turf, landscaping, and concrete. Every unit has in-unit laundry and separate gas and electric meters, while two water meters serve the property. The detached residence has a gated yard, island kitchen, and mini-split A/C, and two units have been fully renovated.

Located at 4527-49 Olney St in Pacific Beach, the RM-2-5 property occupies a 6,237 SF lot extending from Felspar St to the alley. Alley access supports two open parking spaces, two covered carport spaces, and tandem parking. Two units are slated for vacant, lease-ready delivery, while the other two have month-to-month tenants. Mission Bay and the beach are located a few blocks away.

Key Highlights

  • Four 2BR/1BA units across a detached home and separate triplex
  • 3,028 square feet on a 6,237 SF RM‑2‑5 lot
  • Recent improvements include roofs, electrical, windows, fencing, turf, landscaping, and concrete

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Food Market Parking Lot & Garage Grocery & Convenience Store Daycare Center Garden Center

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

4
Residential units
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,645
Businesses Nearby

Demographics for 92109, CA

44,671
Population
26,503
Households
1.7
Avg Household Size
35
Median Age
70%
College-Educated
97%
High-School Grad
7.6 sq mi
ZIP Area
5,878
Density / Sq Mi
$118,300
Median Household Income
$71,054
Median Earnings
$2,362
Median Rent
$1,136,000
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?
Quadplex - Four-unit property combining a detached home with a separate triplex and updated building systems.
Where is this quadplex located?
The property is located at 4527-49 Olney St San Diego, CA.
What is the asking price?
The asking price for this property is $2,849,000.
What are key features of this property?
This property features: Four 2BR/1BA units across a detached home and separate triplex; 3,028 square feet on a 6,237 SF RM‑2‑5 lot; Recent improvements include roofs, electrical, windows, fencing, turf, landscaping, and concrete
(619) 300-0173 Call to check price and availability
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