Remodeled 5-Unit Multifamily
4912 Muir Ave San Diego, CA 92107
4912 Muir Ave, San Diego, CA, 92107
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For Sale
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Fully remodeled 5-unit multifamily building with five two-bedroom, 1.5-bath units and in-unit laundry.
Property Size4,976 SF
Lot Size0.12 Acres
Price / SF$552.65
Days on Market90
Property Features for 4912 Muir Ave
General Information
- Standard status
- Active
- Size
- 4,976 SF
- Lot size
- 0.12 Acres
- Property subtype
- Multifamily
Listing agency
CBRE - San Diego
(720) 841-8139
Listed by
Conor Brennan · License #01918598
Source
Crexi
Added: Apr 24 Updated: Jul 21 at 7:11PM Checked: Jul 22 at 3:57AM
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.
This fully remodeled 5-unit multifamily property offers five two-bedroom, one-and-a-half-bath residences. Each unit includes in-unit laundry, with updates throughout such as modern kitchens, updated bathrooms, and new flooring. The property’s unit layouts and strong unit uniformity are designed to support efficient day-to-day operation.
The building is located on a quiet residential street in San Diego’s Ocean Beach area, positioned just minutes from the coastline. The property was originally built in 1972 and has been comprehensively repositioned.
The site totals 5,198 SF, and the rentable area is approximately 4,976 SF. The asset presents a turnkey configuration with renovated interiors across all units.
The building is located on a quiet residential street in San Diego’s Ocean Beach area, positioned just minutes from the coastline. The property was originally built in 1972 and has been comprehensively repositioned.
The site totals 5,198 SF, and the rentable area is approximately 4,976 SF. The asset presents a turnkey configuration with renovated interiors across all units.
Key Highlights
- Fully remodeled 5‑unit multifamily property in San Diego’s Ocean Beach neighborhood
- All units are 2 bed / 1.5 bath, with approximately 995 SF per unit
- Five units on a 5,198 SF lot with approximately 4,976 rentable SF
Local Financial Insights For Apartment 5plus
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 | $158.2k | $31.80 |
| − Vacancy | −$8.7k | −$1.75 |
| EGI | $149.5k | $30.05 |
| − OpEx | −$67.3k | −$13.52 |
| NOI | $82.2k | $16.53 |
4,976 SF · lease $31.80/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.17M
$1.03M – $1.37M
NOI $82,244 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.97M
$1.72M – $2.29M
NOI $137,576 @ 7.0% cap · market cap 5.00%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Fully remodeled 5-unit multifamily building with five two-bedroom, 1.5-bath units and in-unit laundry.
Where is this apartment building located?
The property is located at 4912 Muir Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Fully remodeled 5‑unit multifamily property in San Diego’s Ocean Beach neighborhood; All units are 2 bed / 1.5 bath, with approximately 995 SF per unit; Five units on a 5,198 SF lot with approximately 4,976 rentable SF
