5-Unit Apartment
For Sale
$1,895,000
4550-4554 Utah St, San Diego, CA 92116
Shared laundry and three garages support resident convenience and vehicle storage.
Property Size3,433 SF
Price / SF$551
Days on Market43
Property Features for 4550-4554 Utah St
General Information
Standard status
Active
Size
3,433 SF
Total Parking Spaces
3
Property subtype
Multi-Family
Site & Location
Neighborhood
Mission Valley East
Additional Details
Multifamily Units
5
Tenant in Place
Yes
Amenities
communal laundry facilities
Listing Agency:
The Browar Group
Listed By:
Josh Browar josh@thebrowargroup.com
(951) 226-5454
Source:
Viewsandiegohouses
Added: Sep 18
Changed: Oct 28
Last Checked: Oct 28 at 8:24AM
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 The Browar Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,433-square-foot, five-unit apartment property at 4550-4554 Utah St includes communal laundry facilities and three garages. An area along the front may allow for additional off-street parking with a curb-cut improvement, subject to applicable approvals.
The property is in San Diego’s North Park neighborhood, near restaurants, coffee shops, breweries, entertainment, shopping, and other neighborhood amenities. Its central San Diego location also provides access to destinations throughout the city.
The property is in San Diego’s North Park neighborhood, near restaurants, coffee shops, breweries, entertainment, shopping, and other neighborhood amenities. Its central San Diego location also provides access to destinations throughout the city.
Key Highlights
- Five‑unit apartment property totaling 3,433 square feet
- Communal laundry facilities
- Three garages provide parking and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,741
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,134,820
$1.1M
Cap Rate 7%
$810,586
$810.6K
Cap Rate 9%
$630,456
$630.5K
Market Conditions
NOI Build-Up for 3,433 SF
Gross rent
$109.2K $31.80/SF
− Vacancy
−$6.0K −$1.75/SF
EGI
$103.2K $30.05/SF
− OpEx
−$46.4K −$13.52/SF
NOI
$56.7K $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%
$1,134,820
Cap Rate 7%
$810,586
Cap Rate 9%
$630,456
Alternative Uses
Best Use
Apartment 5plus
$810.6K
$709.3K – $945.7K
NOI $56,741 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.36M
$1.19M – $1.58M
NOI $94,916 @ 7.0% cap · market cap 5.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
2,115
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Apartment building - Shared laundry and three garages support resident convenience and vehicle storage.
Where is this apartment building located?
The property is located at 4550-4554 Utah St San Diego, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Five‑unit apartment property totaling 3,433 square feet; Communal laundry facilities; Three garages provide parking and storage
