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Apartment Building with Ground Floor Retail
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4726 Utah St, San Diego, CA 92116

2019-built apartment property with secured gated access, mini-split A/C, and a ground-floor retail space.

Property Size6,653 SF
Price / SF$661.36
Days on Market156

Property Features for 4726 Utah St

General Information

Standard status Active
Size 6,653 SF
Total Parking Spaces 8
Property subtype MULTIFAMILY

Amenities

mini-split air conditioning
in-unit washer/dryer
private patio/balcony
gated access

Building Details

Year Built 2019
Tenancy Multi
Listing Agency: CBRE | San Diego
Listed By: Nate Pepper · License #01993739
Source: Moodyscre
Added: Feb 25 Changed: Jul 30 Last Checked: Jul 30 at 5:25AM

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 CBRE | San Diego

Investment Insights

Based on property information with market context.

Built in 2019, this apartment building at 4726 Utah St, San Diego, CA 92116 offers loft-style units averaging 1,109 SF, with three 1 bed / 1 bath units and two 2 bed / 2 bath units. One large ground-floor retail space is included at 1,000 SF. All units feature mini-split air conditioning and full-size washer/dryers in each unit, with select units offering private patios or balconies.

Operational access is handled through fully secured gated access for the entire property. Parking is provided with eight (8) secured gated parking spaces.

The property is described as exempt from AB 1482 rent control for nine more years, and it’s positioned in a North Park area with a Walkscore of 92 and numerous nearby attractions.

Key Highlights

  • 2019 construction with loft‑style apartment units averaging 1,109 SF
  • Five residential units: three 1 bed / 1 bath and two 2 bed / 2 bath
  • One ground‑floor retail space at 1,000 SF

Financial Insights For Retail

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 $239.5k $36.00
− Vacancy −$10.1k −$1.52
EGI $229.4k $34.48
− OpEx −$68.8k −$10.35
NOI $160.6k $24.14
6,653 SF · lease $36.00/SF/yr · vacancy 4.21% · expense 30.00%

Alternative Uses

Best Use
Retail
$2.29M
$2.01M – $2.68M (±1% cap)
NOI $160,597 @ 7.0% cap · market cap 3.65%
Second Best
Apartment 5plus
$1.57M
$1.37M – $1.83M (±1% cap)
NOI $109,961 @ 7.0% cap · market cap 2.50%
Theoretical Best
Specialty Retail
$2.63M
$2.30M – $3.07M (±1% cap)
NOI $183,942 @ 7.0% cap · market cap 4.18%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Advanced Brow Design Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Electrical Service Grocery & Convenience Store Storage Facility Food Market

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,502
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 2019-built apartment property with secured gated access, mini-split A/C, and a ground-floor retail space.
Where is this apartment building located?
The property is located at 4726 Utah St San Diego, CA.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: 2019 construction with loft‑style apartment units averaging 1,109 SF; Five residential units: three 1 bed / 1 bath and two 2 bed / 2 bath; One ground‑floor retail space at 1,000 SF
(858) 546-2645 Call to check price and availability
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