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Remodeled 4-Unit Apartment Property
New
For Sale
$1,450,000

6979 85 Lisbon St, San Diego, CA 92114

All residences are occupied, professionally managed, and updated with in-unit laundry and central heating and air conditioning.

Property SizeContact for details
Days on Market3

Property Features for 6979 85 Lisbon St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1956
Stories 2
Units 4
Listing Agency: Palisade Realty
Listed By: Wally Dally · License #02135259
Source: Elliman
Added: Sep 16 Changed: Sep 17 Last Checked: Sep 17 at 2:54AM

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 Palisade Realty

Investment Insights

Based on property information with market context.

This four-unit apartment property includes four matching residences, each configured with 2 bedrooms and 1 bathroom. Renovations completed within the last 3 years include refreshed kitchens with granite countertops, white shaker cabinetry, and stainless steel appliances, along with luxury vinyl flooring and updated bathrooms. Every residence has a stackable washer and dryer plus central heating and air conditioning.

The property has updated exterior stairs and railings, as well as a newer drainage system. All four units are occupied, with professional property management already established. The address provides access to the 805 and 94 freeways and is approximately 15 minutes from Downtown San Diego, Naval Base San Diego, and SDSU. Built in 1956.

Key Highlights

  • Four 2‑bedroom, 1‑bathroom units, all currently occupied
  • Each residence remodeled within the last 3 years
  • In‑unit stackable washer and dryer in every unit

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

298
Businesses Nearby

Demographics for 92114, CA

66,248
Population
18,767
Households
3.5
Avg Household Size
37
Median Age
20%
College-Educated
82%
High-School Grad
8.3 sq mi
ZIP Area
7,982
Density / Sq Mi
$90,171
Median Household Income
$41,312
Median Earnings
$1,741
Median Rent
$604,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - All residences are occupied, professionally managed, and updated with in-unit laundry and central heating and air conditioning.
Where is this quadplex located?
The property is located at 6979 85 Lisbon St San Diego, CA.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom units, all currently occupied; Each residence remodeled within the last 3 years; In‑unit stackable washer and dryer in every unit
More about this property
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