Detached-Unit
For Sale
$825,000
854 856 45th Street, San Diego, CA 92102
Independent gas and electric meters serve each residence, with off-street parking provided on the corner parcel.
Property Size1,464 SF
Lot Size0.14 Acres
Price / SF$563.52
Days on Market25
Property Features for 854 856 45th Street
General Information
Standard status
Active
Size
1,464 SF
Lot size
0.14 Acres
Property subtype
Residential Income
Zoning
R-2:MINOR MULTIPLE
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Utilities to Site
Yes
Amenities
private fully fenced yards
off-street parking
private outdoor spaces
Building Details
Building Size
1,464 SF
Year Built
1950
Buildings
2
Stories
1
Units
2
Listing Agency:
Acropolis Enterprise
(619) 917-2974
Listed By:
Keaton English · License #02026461
(858) 866-4222
Source:
Antinone
Added: Sep 29
Changed: Oct 22
Last Checked: Oct 22 at 2:26PM
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 Acropolis Enterprise
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Investment Insights
Based on property information with market context.
This duplex comprises two detached residences, each arranged with two bedrooms and one bathroom. Together, the homes provide 1,464 square feet of living area on a 6,151-square-foot corner lot. Both interiors have received updates in recent years, and each home has its own fully enclosed yard. The property was built in 1950 and is zoned R-2:MINOR MULTIPLE.
Separate gas and electric meters serve the two homes, and a shared driveway offers off-street parking with access to both residences. The property is located at 854 and 856 45th Street in San Diego.
Separate gas and electric meters serve the two homes, and a shared driveway offers off-street parking with access to both residences. The property is located at 854 and 856 45th Street in San Diego.
Key Highlights
- Two detached residences, each with 2 bedrooms and 1 bathroom
- 1,464 sq. ft. of combined living space on a 6,151 sq. ft. corner lot
- Separate gas and electric meters for each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,225
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,500
$524.5K
Cap Rate 7%
$374,643
$374.6K
Cap Rate 9%
$291,389
$291.4K
Market Conditions
NOI Build-Up for 1,464 SF
Gross rent
$39.5K $27.00/SF
− Vacancy
−$2.1K −$1.41/SF
EGI
$37.5K $25.59/SF
− OpEx
−$11.2K −$7.68/SF
NOI
$26.2K $17.91/SF
Area
San Diego, CA
Vacancy
5.22%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$524,500
Cap Rate 7%
$374,643
Cap Rate 9%
$291,389
Alternative Uses
Best Use
Multifamily LT 5
$374.6K
$327.8K – $437.1K
NOI $26,225 @ 7.0% cap · market cap 3.18%
Second Best
Apartment 5plus
$345.7K
$302.5K – $403.3K
NOI $24,197 @ 7.0% cap · market cap 2.93%
Theoretical Best
Specialty Retail
$578.2K
$506.0K – $674.6K
NOI $40,477 @ 7.0% cap · market cap 4.91%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 92102, CA
39,783
Population
15,622
Households
2.5
Avg Household Size
34
Median Age
29%
College-Educated
80%
High-School Grad
4.5 sq mi
ZIP Area
8,841
Density / Sq Mi
$71,319
Median Household Income
$40,142
Median Earnings
$1,855
Median Rent
$646,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Independent gas and electric meters serve each residence, with off-street parking provided on the corner parcel.
Where is this duplex located?
The property is located at 854 856 45th Street San Diego, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Two detached residences, each with 2 bedrooms and 1 bathroom; 1,464 sq. ft. of combined living space on a 6,151 sq. ft. corner lot; Separate gas and electric meters for each residence
