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    San Diego Triplex Investment Property Title is generated by Realmo AI

    5242-48 Imperial Ave, San Diego, CA 92114

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    Claim this Listing
    Pending
    $849,000

    MULTI_FAMILY - San Diego, CA

    Property size:
    2,092 SF
    Added:
    Mar 13, 2026
    Days on Market:
    97
    Last Refresh:
    Jun 17 at 5:06 am

    Property Features for 5242-48 Imperial Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    R-2
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 3
    Pets allowed
    Yes
    Exterior features
    Public Street, Sidewalks, Street Paved
    Standard status
    Pending
    APN
    548-181-23-00
    Size
    2,092 SF

    Utilities

    Heating system
    Gravity

    Building Details

    Year built
    1965
    Floors in Building
    1
    Number of units
    3

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    Listing Contact
    Danielle Malham
    Danielle Malham

    Listing agent Danielle Malham License #01208472

    Listing office Coldwell Banker West 944 Orange Avenue, Chula Vista, CA

    Listing date Mar 13, 2026

    MLS# 260009135 Listing URL

    Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3‑unit property, all units fully rented
    • Unit mix includes two 1 bed / 1 bath units and one 2 bed / 1 bath unit
    • Year built: 1965
    • Heating: gravity
    • Exterior includes public street access with sidewalks and paved streets

    Overview

    This multi-family property is located in San Diego, California. The property consists of three units, all of which are currently rented. Two of the units feature one bedroom and one bathroom each. The third unit includes two bedrooms and one bathroom. The property is zoned R-2 and the property size is 2092 square feet.

    Local Financial Insights For Multifamily LT 5

    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 $71.5k $34.20
    − Vacancy −$3.7k −$1.78
    EGI $67.8k $32.42
    − OpEx −$20.3k −$9.73
    NOI $47.5k $22.70
    2,092 SF · lease $34.20/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $678.3K
    $593.5K – $791.3K (±1% cap)
    NOI $47,478 @ 7.0% cap · market cap 5.59%
    Second Best
    Apartment 5plus
    $627.1K
    $548.7K – $731.6K (±1% cap)
    NOI $43,895 @ 7.0% cap · market cap 5.17%
    Theoretical Best
    Office A
    $774.5K
    $677.7K – $903.6K (±1% cap)
    NOI $54,216 @ 7.0% cap · market cap 6.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.082059
    Latitude
    32.706452

    FAQs

    What type of property is this?
    Triplex - Three-unit property in San Diego, fully rented, great investment.
    Where is this triplex located?
    The property is located at 5242-48 Imperial Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: 3‑unit property, all units fully rented; Unit mix includes two 1 bed / 1 bath units and one 2 bed / 1 bath unit; Year built: 1965
    More about this property
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