Two-Unit Duplex with Solar
6115 Carling Way San Diego, CA 92115
For Sale
Contact for pricing
Two-unit duplex with tenant occupancy, owner occupancy, and yard space with potential for an ADU.
Property Size3,300 SF
Price / SF$416.67
Days on Market143
Property Features for 6115 Carling Way
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1965
Listing Agency:
Compass
Listed By:
Bobby Stefano · License #01310669
Source:
Crexi
Added: Mar 5
Changed: Jul 21
Last Checked: Jul 25 at 6:53AM
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 Compass
Investment Insights
Based on property information with market context.
This two-unit duplex is configured as an income-producing residential property with both tenant-occupied and owner-occupied units. The larger upstairs unit is noted to provide solar savings. The property also includes yard space that may offer an ADU possibility.
According to the assessor, the property is listed at approximately 3,295 square feet (about 3,300 square feet as provided). It is located very close to San Diego State University, supporting strong rental demand as described in the remarks. Please note the property is tenant-occupied and is shown only with an accepted offer preferred.
According to the assessor, the property is listed at approximately 3,295 square feet (about 3,300 square feet as provided). It is located very close to San Diego State University, supporting strong rental demand as described in the remarks. Please note the property is tenant-occupied and is shown only with an accepted offer preferred.
Key Highlights
- Two‑unit duplex (Year Built 1965) with 3,295 SF per assessor
- Tenant‑occupied and owner‑occupied for immediate occupancy/ongoing cash flow
- Upstairs unit includes solar benefits for savings
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 | $89.1k | $27.00 |
| − Vacancy | −$4.7k | −$1.41 |
| EGI | $84.4k | $25.59 |
| − OpEx | −$25.3k | −$7.68 |
| NOI | $59.1k | $17.91 |
3,300 SF · lease $27.00/SF/yr · vacancy 5.22% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$844.5K
$738.9K – $985.2K
NOI $59,114 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$779.2K
$681.8K – $909.1K
NOI $54,543 @ 7.0% cap · market cap 3.97%
Theoretical Best
Specialty Retail
$1.30M
$1.14M – $1.52M
NOI $91,238 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-unit duplex with tenant occupancy, owner occupancy, and yard space with potential for an ADU.
Where is this duplex located?
The property is located at 6115 Carling Way San Diego, CA.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Two‑unit duplex (Year Built 1965) with 3,295 SF per assessor; Tenant‑occupied and owner‑occupied for immediate occupancy/ongoing cash flow; Upstairs unit includes solar benefits for savings
