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13-Unit Multifamily Investment
For Sale
$4,100,000
Pending

4744 Hawley Blvd, San Diego, CA 92116

Built in 1969, this 13-unit property offers ten two-bedroom units, three one-bedroom units, and twenty on-site parking spaces.

Property Size9,479 SF
Days on Market177

Property Features for 4744 Hawley Blvd

General Information

Standard status Pending
Size 9,479 SF
Total Parking Spaces 20
Property subtype Multi-Family

Site & Location

Neighborhood Adams North

Additional Details

Multifamily Units 13

Building Details

Year Built 1969
Listing Agency: Conor Brennan, Broker
Listed By: Conor M Brennan Conor.Brennan@cbre.com · License #01918598
Source: Viewsandiegorealestate
Added: May 1 Changed: Oct 1 Last Checked: Oct 23 at 7:35AM

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 Conor Brennan, Broker

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Investment Insights

Based on property information with market context.

4744 Hawley Boulevard is a 13-unit multifamily property built in 1969. The unit mix includes ten (10) two-bedroom/one-bath units and three (3) one-bedroom/one-bath units. Parking totals twenty spaces, including four front tandem (2-car) spaces, three double-car garages, one single-car garage, one off-street rear space, and one 4-car rear tandem space.

Recent capital improvements include electrical system improvements, plumbing enhancements, new exterior paint, extensive fascia and wood repairs, and a roof replacement. The property also has completed SB721 inspections.

These upgrades are intended to reduce near-term capital expenditure requirements while supporting long-term operational stability.

Key Highlights

  • 13‑unit multifamily built in 1969 with a unit mix of ten 2 bed/1 bath units and three 1 bed/1 bath units
  • 20 total on‑site parking spaces: four front tandem spaces, three double‑car garages, one single‑car garage, one off‑street rear space, and one 4‑car rear tandem space
  • Recent capital improvements include electrical system improvements, plumbing enhancements, and new exterior paint

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$156,669
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,133,380 $3.1M
Cap Rate 7%
$2,238,129 $2.2M
Cap Rate 9%
$1,740,767 $1.7M
Market Conditions
NOI Build-Up for 9,479 SF
Gross rent
$301.4K $31.80/SF
− Vacancy
−$16.6K −$1.75/SF
EGI
$284.9K $30.05/SF
− OpEx
−$128.2K −$13.52/SF
NOI
$156.7K $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%
$3,133,380
Cap Rate 7%
$2,238,129
Cap Rate 9%
$1,740,767

Alternative Uses

Best Use
Apartment 5plus
$2.24M
$1.96M – $2.61M (±1% cap)
NOI $156,669 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.74M
$3.28M – $4.37M (±1% cap)
NOI $262,075 @ 7.0% cap · market cap 6.39%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Lease Details

13
Residential units

Location Intelligence

Trade Area within ½ mile

1,492
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Built in 1969, this 13-unit property offers ten two-bedroom units, three one-bedroom units, and twenty on-site parking spaces.
Where is this apartment building located?
The property is located at 4744 Hawley Blvd San Diego, CA.
What is the asking price?
The asking price for this property is $4,100,000.
What are key features of this property?
This property features: 13‑unit multifamily built in 1969 with a unit mix of ten 2 bed/1 bath units and three 1 bed/1 bath units; 20 total on‑site parking spaces: four front tandem spaces, three double‑car garages, one single‑car garage, one off‑street rear space, and one 4‑car rear tandem space; Recent capital improvements include electrical system improvements, plumbing enhancements, and new exterior paint
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