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Detached Two-Home Duplex
New
For Sale
$900,000

4819 21 Idaho St, San Diego, CA 92116

The rear residence is reduced to its framing, leaving its interior layout open for reconstruction.

Property Size1,953 SF
Lot Size0.18 Acres
Price / SF$460.83
Days on Market4

Property Features for 4819 21 Idaho St

General Information

Standard status Active
Size 1,953 SF
Lot size 0.18 Acres
Property subtype Investment

Property Condition

Severity Major Repairs Needed
Evidence completely stripped down to the studs

Units

Unit Mix 3BR/2BA, 1BR/1BA
Multifamily Units 2

Additional Details

Road Access Yes

Building Details

Year Built 1953
Buildings 2
Stories 1
Units 2
Listed By: Z. McT-Contreras
Source: Elliman
Added: Oct 11 Last Checked: Oct 12 at 8:00PM

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 Z. McT-Contreras

Investment Insights

Based on property information with market context.

Two detached residences occupy a single 7,668-square-foot parcel and contain 1,953 square feet of living area combined. The front home has three bedrooms and two bathrooms; the rear structure is a one-bedroom, one-bathroom residence with its interior stripped to the studs. The property is offered as-is, and the rear home will require substantial work.

The property is in University Heights, with Adams Avenue restaurants and coffee shops within walking distance. Trolley Barn Park is nearby, while Balboa Park, Hillcrest, and North Park are described as minutes away. The recorded Walk Score is 91, the Bike Score is 55, and the Transit Score is 52.

Key Highlights

  • Two detached residences with 1,953 square feet of combined interior living area
  • 7,668‑square‑foot lot in University Heights
  • Front residence has 3 bedrooms and 2 bathrooms

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,985
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,700 $699.7K
Cap Rate 7%
$499,786 $499.8K
Cap Rate 9%
$388,722 $388.7K
Market Conditions
NOI Build-Up for 1,953 SF
Gross rent
$52.7K $27.00/SF
− Vacancy
−$2.8K −$1.41/SF
EGI
$50.0K $25.59/SF
− OpEx
−$15.0K −$7.68/SF
NOI
$35.0K $17.91/SF
Area
San Diego, CA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$699,700
Cap Rate 7%
$499,786
Cap Rate 9%
$388,722

Alternative Uses

Best Use
Multifamily LT 5
$499.8K
$437.3K – $583.1K (±1% cap)
NOI $34,985 @ 7.0% cap · market cap 3.89%
Second Best
Apartment 5plus
$461.1K
$403.5K – $538.0K (±1% cap)
NOI $32,279 @ 7.0% cap · market cap 3.59%
Theoretical Best
Specialty Retail
$771.4K
$675.0K – $900.0K (±1% cap)
NOI $53,997 @ 7.0% cap · market cap 6.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Storage Facility Tanning Salon HVAC Service Parking Lot & Garage

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

2
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,914
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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - The rear residence is reduced to its framing, leaving its interior layout open for reconstruction.
Where is this duplex located?
The property is located at 4819 21 Idaho St San Diego, CA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Two detached residences with 1,953 square feet of combined interior living area; 7,668‑square‑foot lot in University Heights; Front residence has 3 bedrooms and 2 bathrooms
More about this property
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