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University Heights Multifamily Investment Opportunity

4629 Alabama St San Diego, CA 92116

4629 Alabama St, San Diego, CA, 92116
$3,150,000
For Sale
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$3,150,000

8-unit multifamily property in the heart of University Heights.

AddedNov 6, 2025
Days on Market251
Last RefreshMay 22 at 9:19 am

Property Features for 4629 Alabama St

General Information

Standard status
Active

Listing office Marcus & Millichap

Listing date Nov 6, 2025

Source Exprealty

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 Marcus & Millichap


Investment Insights

Based on property information with market context.

Located in the University Heights neighborhood of San Diego, the property at 4629-35 Alabama Street is an 8-unit multifamily building. The unit mix includes two one-bedroom/one-bathroom units, five two-bedroom/one-bathroom units, and one five-bedroom/three-bathroom unit. University Heights is known for its walkability, dining options, and proximity to employment centers. The location provides connectivity to Mission Valley, Hillcrest, and Downtown San Diego via freeways and transit corridors. This property presents an opportunity for investors to acquire an asset in a high-demand market with potential to enhance value and achieve competitive rental rates through renovations and management.

Key Highlights

  • Located in University Heights, a highly desirable and walkable San Diego rental neighborhood.
  • Desirable unit mix: two 1‑bed/1‑bath, five 2‑bed/1‑bath, and one 5‑bed/3‑bath units.
  • Proximity to major employment centers, Mission Valley, Hillcrest, and Downtown San Diego.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Grocery & Convenience Store Carpet & Flooring Store Food Market (Bike/Boat/Book/etc) Store Bakery Storage Facility Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - 8-unit multifamily property in the heart of University Heights.
Where is this apartment building located?
The property is located at 4629 Alabama St San Diego, CA.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Located in University Heights, a highly desirable and walkable San Diego rental neighborhood.; Desirable unit mix: two 1‑bed/1‑bath, five 2‑bed/1‑bath, and one 5‑bed/3‑bath units.; Proximity to major employment centers, Mission Valley, Hillcrest, and Downtown San Diego.
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