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Remodeled 6-Unit Apartment Building
For Sale
$1,895,000

5337 5347 Meade Ave, San Diego, CA 92115

College-area rental property offers in-unit laundry, a basement, and access to dining, shopping, and transit.

Property SizeContact for details
Days on Market125

Property Features for 5337 5347 Meade Ave

General Information

Standard status Active
Property subtype Investment
Occupancy 100%

Units

Unit Mix 6 x 2BR/2BA
Multifamily Units 6

Additional Details

Public Transit Yes

Amenities

in-unit washer and dryer
basement

Building Details

Year Built 1955
Year Renovated 2023
Stories 1
Units 6
Tenancy Multi
Listing Agency: Keller Williams Realty
Listed By: Simon Oliveri · License #01918244
Source: Elliman
Added: Apr 29 Changed: Aug 30 Last Checked: Aug 30 at 2:50PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

Located at 5337 5347 Meade Ave in San Diego, this six-unit apartment property includes six 2-bedroom, 2-bath residences. The building was renovated in 2023, and every unit has its own washer and dryer. One bedroom and one bathroom in each unit were completed without permits by a licensed contractor, a detail relevant to future ownership and compliance review.

The property sits on a corner lot at the end of a quiet alley, limiting through traffic and adding privacy. A large basement provides additional storage or flexible usable space. The property is fully occupied, with both stable tenants and month-to-month leases. Its location near San Diego State University places it close to dining, shopping, and transit. Walk Score is 78, Bike Score is 53, and Transit Score is 49.

Key Highlights

  • Six‑unit property with six 2‑bedroom, 2‑bath apartments
  • Renovated in 2023 with in‑unit washer and dryer in every residence
  • Fully occupied with a mix of stable tenants and month‑to‑month leases

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

6
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,366
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 - College-area rental property offers in-unit laundry, a basement, and access to dining, shopping, and transit.
Where is this apartment building located?
The property is located at 5337 5347 Meade Ave San Diego, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Six‑unit property with six 2‑bedroom, 2‑bath apartments; Renovated in 2023 with in‑unit washer and dryer in every residence; Fully occupied with a mix of stable tenants and month‑to‑month leases
More about this property
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