Renovated Four-Unit
5972 Streamview Dr, San Diego, CA 92105
For Sale
New
$1,795,000
Four matching three-bedroom apartments include updated kitchens, bathrooms, windows, and connections for in-unit laundry.
Property Size3,854 SF
Lot Size0.24 Acres
Price / SF$465.75
Days on Market2
Property Features for 5972 Streamview Dr
General Information
Standard status
Size
Lot size
Property subtype
Net Operating Income
Financials
Asking Price
Cap Rate
Gross Income
Gross Rent Multiplier
Site & Location
Neighborhood
Public Transit
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Year Built
Stories
Units
Listing Agency:
Bridgepoint Realty Inc
Listed By:
Adrian Gonzalez-Pureco · License CA #01844618
(858) 735-9977
Source:
Elliman
Added: Nov 12
Changed: Nov 13
Last Checked: Nov 12 at 2:30PM
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 Bridgepoint Realty Inc
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Investment Insights
Based on property information with market context.
Built in approximately 1964, this four-unit property contains approximately 3,854 square feet on a 10,388-square-foot parcel. Each apartment has three bedrooms and one bathroom. Improvements include replacement cast-iron plumbing with ABS and PEX piping, updated electrical wiring with four new subpanels, remodeled kitchens and bathrooms, and new windows. Each unit also has plumbing for in-unit laundry and a 2-ton mini-split system providing heating and air conditioning.
The property is at 5972 Streamview Dr in San Diego’s Mid-City neighborhood. Reported walk, transit, and bike scores are 77, 53, and 34, respectively.
The four apartments share the same floor plan. Reported current performance is a 5.3% cap rate and 13.1 GRM; projected performance at estimated market rents is a 5.7% cap rate and 12.5 GRM.
The property is at 5972 Streamview Dr in San Diego’s Mid-City neighborhood. Reported walk, transit, and bike scores are 77, 53, and 34, respectively.
The four apartments share the same floor plan. Reported current performance is a 5.3% cap rate and 13.1 GRM; projected performance at estimated market rents is a 5.7% cap rate and 12.5 GRM.
Key Highlights
- Four apartments, each configured with 3 bedrooms and 1 bathroom
- Approximately 3,854 square feet on a 10,388 square foot parcel
- Built in approximately 1964
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,243
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,860
$1.6M
Cap Rate 7%
$1,117,757
$1.1M
Cap Rate 9%
$869,367
$869.4K
Market Conditions
NOI Build-Up for 3,854 SF
Gross rent
$117.9K $30.60/SF
− Vacancy
−$6.2K −$1.60/SF
EGI
$111.8K $29.00/SF
− OpEx
−$33.5K −$8.70/SF
NOI
$78.2K $20.30/SF
Area
ZIP 92105
Vacancy
5.22%
Lease Rate
$30.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,564,860
Cap Rate 7%
$1,117,757
Cap Rate 9%
$869,367
Alternative Uses
Best Use
Multifamily LT 5
$1.12M
$978.0K – $1.30M
NOI $78,243 @ 7.0% cap · market cap 4.36%
Second Best
Apartment 5plus
$1.03M
$901.4K – $1.20M
NOI $72,112 @ 7.0% cap · market cap 4.02%
Theoretical Best
Specialty Retail
$1.52M
$1.33M – $1.78M
NOI $106,555 @ 7.0% cap · market cap 5.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
482
Businesses Nearby
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Business Placement
Demographics for 92105, CA
66,579
Population
23,862
Households
2.8
Avg Household Size
34
Median Age
21%
College-Educated
71%
High-School Grad
5.8 sq mi
ZIP Area
11,479
Density / Sq Mi
$65,174
Median Household Income
$34,469
Median Earnings
$1,687
Median Rent
$593,800
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in San Diego, CA
Properties on Market for Quadplexes in San Diego
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Quadplex - Four matching three-bedroom apartments include updated kitchens, bathrooms, windows, and connections for in-unit laundry.
Where is this quadplex located?
The property is located at 5972 Streamview Dr San Diego, CA.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: Four apartments, each configured with 3 bedrooms and 1 bathroom; Approximately 3,854 square feet on a 10,388 square foot parcel; Built in approximately 1964
