Renovated Four-Bedroom
For Sale
$1,600,000
5103-05 Gary St, San Diego, CA 92115
Two spacious residences offer outdoor areas and a two-story layout in one unit.
Property Size2,555 SF
Lot Size0.18 Acres
Price / SF$626.22
Days on Market14
Property Features for 5103-05 Gary St
General Information
Standard status
Active
Size
2,555 SF
Lot size
0.18 Acres
Property subtype
Multi-Family
Financials
Cap Rate
5.63%
Gross Income
$131,520
Average Monthly Rent
$5,480
Site & Location
Neighborhood
College East
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Amenities
private balcony
backyard
wood deck
turf
Building Details
Year Built
1955
Buildings
1
Listing Agency:
Landmark Multifamily and Development
Listed By:
Daniel A Sipher dan@sdlandmark.com
Source:
Viewsandiegohouses
Added: Oct 11
Changed: Oct 21
Last Checked: Oct 23 at 7:40AM
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 Landmark Multifamily and Development
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two 4-bedroom, 2-bathroom residences totaling approximately 2,555 square feet on a 7,900-square-foot lot. The 5103 unit spans two floors and includes a private balcony. Both homes have undergone a full renovation. Outdoor features include a large backyard with a wood deck and turf, while an oversized driveway provides parking.
The property is in San Diego’s College Area, minutes from San Diego State University. Built in 1955, it combines two four-bedroom floor plans with distinct outdoor spaces and a substantial driveway.
The property is in San Diego’s College Area, minutes from San Diego State University. Built in 1955, it combines two four-bedroom floor plans with distinct outdoor spaces and a substantial driveway.
Key Highlights
- Two 4‑bedroom, 2‑bathroom units totaling approximately 2,555 SF
- 7,900 SF lot
- 5103 has a two‑story layout and private balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,769
Cap Rate
2.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$915,380
$915.4K
Cap Rate 7%
$653,843
$653.8K
Cap Rate 9%
$508,544
$508.5K
Market Conditions
NOI Build-Up for 2,555 SF
Gross rent
$69.0K $27.00/SF
− Vacancy
−$3.6K −$1.41/SF
EGI
$65.4K $25.59/SF
− OpEx
−$19.6K −$7.68/SF
NOI
$45.8K $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%
$915,380
Cap Rate 7%
$653,843
Cap Rate 9%
$508,544
Alternative Uses
Best Use
Multifamily LT 5
$653.8K
$572.1K – $762.8K
NOI $45,769 @ 7.0% cap · market cap 2.86%
Second Best
Apartment 5plus
$603.3K
$527.9K – $703.8K
NOI $42,229 @ 7.0% cap · market cap 2.64%
Theoretical Best
Specialty Retail
$1.01M
$883.0K – $1.18M
NOI $70,641 @ 7.0% cap · market cap 4.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,702
Businesses Nearby
Explore this area
Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - Two spacious residences offer outdoor areas and a two-story layout in one unit.
Where is this duplex located?
The property is located at 5103-05 Gary St San Diego, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two 4‑bedroom, 2‑bathroom units totaling approximately 2,555 SF; 7,900 SF lot; 5103 has a two‑story layout and private balcony
