4960-70 Auburn Dr. San Diego, CA 92105
A 45-unit apartment community built in 1986, featuring open floor plans and walk-in closets in master bedrooms.
Property Features for 4960-70 Auburn Dr.
General Information
- Standard status
- Active
- Size
- 31,360 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1986
Listing office Dp Properties
Listing date Jul 8, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Dp Properties
Investment Insights
Based on property information with market context.
The community is located in the Fox Canyon neighborhood within the City Heights area of the San Diego metropolitan market. The surrounding area includes a mix of single-family and multi-family residential, with commercial and other non-residential development concentrated along major arterials, along with smaller pockets of neighborhood commercial.
This income property offers a consistent residential unit mix centered on two-bedroom floor plans, complemented by a single three-bedroom option.
Key Highlights
- 45‑unit apartment community built in 1986 in San Diego’s Fox Canyon (City Heights area)
- Unit mix: 44 two‑bedroom, one‑bath units plus 1 three‑bedroom, one‑bath unit
- Approx. 690 SF for two‑bedroom units
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 | $1.13M | $36.00 |
| − Vacancy | −$62.1k | −$1.98 |
| EGI | $1.07M | $34.02 |
| − OpEx | −$480.1k | −$15.31 |
| NOI | $586.8k | $18.71 |
