Two-Unit Duplex with Private
For Sale
Contact for pricing
Pending
4666 Home, San Diego, CA 92105
Two-story duplex with gated parking, partially remodeled interiors, and established tenants in place.
Property Size1,806 SF
Days on Market260
Property Features for 4666 Home
General Information
Standard status
Pending
Size
1,806 SF
Property subtype
Multifamily
Building Details
Year Built
1979
Buildings
1
Stories
2
Units
2
Listing Agency:
The Jake May Team, Inc.
Listed By:
jake may · License #01292626
Source:
Crexi
Added: Dec 13, 2025
Changed: Aug 30
Last Checked: Aug 30 at 7:18AM
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 Jake May Team, Inc.
Investment Insights
Based on property information with market context.
This two-story duplex contains 1,806 square feet and was built in 1979. Each residence includes two bedrooms, one and one-half bathrooms, and generous living areas. The interiors are partially remodeled, and the property includes gated parking, a private yard, and a chicken coop with hens.
Located on Home Avenue in San Diego, the property has long-term tenants in place. The configuration provides two separate residential units within a single duplex structure, with outdoor space and parking serving the property.
Located on Home Avenue in San Diego, the property has long-term tenants in place. The configuration provides two separate residential units within a single duplex structure, with outdoor space and parking serving the property.
Key Highlights
- Two‑story duplex with 1,806 square feet
- Two bedrooms and 1.5 bathrooms in each unit
- Partially remodeled interiors with long‑term tenants in place
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,665
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$733,300
$733.3K
Cap Rate 7%
$523,786
$523.8K
Cap Rate 9%
$407,389
$407.4K
Market Conditions
NOI Build-Up for 1,806 SF
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.
Gross rent
$55.3K $30.60/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$52.4K $29.00/SF
− OpEx
−$15.7K −$8.70/SF
NOI
$36.7K $20.30/SF
Area
ZIP 92105
Vacancy
5.22%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$733,300
Cap Rate 7%
$523,786
Cap Rate 9%
$407,389
Alternative Uses
Best Use
Multifamily LT 5
$523.8K
$458.3K – $611.1K
NOI $36,665 @ 7.0% cap · market cap 3.82%
Second Best
Apartment 5plus
$482.7K
$422.4K – $563.2K
NOI $33,792 @ 7.0% cap · market cap 3.52%
Theoretical Best
Specialty Retail
$713.3K
$624.2K – $832.2K
NOI $49,932 @ 7.0% cap · market cap 5.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
Explore this area
Business Placement
Demographics for 92105, CA
66,579
Population
23,862
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
71%
High-School Grad
5.8 sq mi
ZIP Area
11,479
Density / Sq Mi
$65,174
Median Household Income
$34,469
Median Earnings
$1,687
Median Rent
$593,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two-story duplex with gated parking, partially remodeled interiors, and established tenants in place.
Where is this duplex located?
The property is located at 4666 Home San Diego, CA.
What is the asking price?
The asking price for this property is $960,000.
What are key features of this property?
This property features: Two‑story duplex with 1,806 square feet; Two bedrooms and 1.5 bathrooms in each unit; Partially remodeled interiors with long‑term tenants in place
