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Renovated 12-Unit Multifamily Building
For Sale
$3,925,000

5074 Madison Ave, San Diego, CA 92115

Fully renovated and 2023-built 12-unit property with in-unit laundry, mini-split HVAC, and quartz counters throughout.

Property SizeContact for details
Days on Market122

Property Features for 5074 Madison Ave

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Highway Access Yes
Multifamily Units 12

Amenities

3
Listing Agency: Newmark of Southern California
Listed By: Erik Anderson · License #01991182
Source: Xome
Added: May 10 Changed: Sep 1 Last Checked: Sep 7 at 5:34AM

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 Newmark of Southern California

Investment Insights

Based on property information with market context.

The Madison is a fully renovated and new construction 12-unit multifamily asset featuring eight fully renovated 2BR/1BA units in the front building and four 2023 new construction two-story studio loft units at the rear. Interiors are delivered with quartz countertops, designer finishes, stainless appliances, in-unit washer/dryers, dual-pane vinyl windows, and individually controlled mini-split HVAC. The property also has operationally efficient water and sewer billed back to residents (RUBS) and fully upgraded electrical throughout, with major building systems and interior finishes updated to current standards.

Located in Talmadge, the property offers walkability to Kensington Village, the Adams Avenue corridor, and the El Cajon Boulevard transit spine. Access to Mission Valley, Downtown, SDSU, and major job centers is described as quick via I-8, I-15, and SR-94. Walk score is listed as 88 (Very Walkable) and transit score as 49 (Some Transit).

The mix of renovated and new construction units provides two distinct unit styles, studios and 2BR floor plans, within a single 12-unit building.

Key Highlights

  • Fully renovated 12‑unit multifamily in Talmadge with eight renovated 2BR/1BA units and four 2023‑built two‑story studio loft units
  • Renovated and new construction units include quartz countertops, designer finishes, stainless appliances, and in‑unit washer/dryers
  • Each unit has dual‑pane vinyl windows and individually controlled mini‑split HVAC

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Accounting Firm Parking Lot & Garage Tech Support Center

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

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,047
Businesses Nearby

Demographics for 92115, CA

64,251
Population
23,448
Households
2.7
Avg Household Size
30
Median Age
39%
College-Educated
87%
High-School Grad
6.2 sq mi
ZIP Area
10,363
Density / Sq Mi
$75,178
Median Household Income
$36,061
Median Earnings
$1,875
Median Rent
$722,500
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 - Fully renovated and 2023-built 12-unit property with in-unit laundry, mini-split HVAC, and quartz counters throughout.
Where is this apartment building located?
The property is located at 5074 Madison Ave San Diego, CA.
What is the asking price?
The asking price for this property is $3,925,000.
What are key features of this property?
This property features: Fully renovated 12‑unit multifamily in Talmadge with eight renovated 2BR/1BA units and four 2023‑built two‑story studio loft units; Renovated and new construction units include quartz countertops, designer finishes, stainless appliances, and in‑unit washer/dryers; Each unit has dual‑pane vinyl windows and individually controlled mini‑split HVAC
More about this property
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