4424 51st St San Diego, CA 92115-4709
- Apartment buildings
- 8,790 SF
- 0.22 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 4424 51st St
- Year built
- 1970
- Lot size
- 0.22 lot acres
- Property size
- 8,790 SF
- Zone code
- R-4:MULTIPLE RESIDENTIAL
- Property type
- Apartment buildings
- APN
- 472-011-17-00
- APU
- 4720111700
Description
This exceptional Class A multifamily investment property, located at 4424 51st Street in San Diego, California, presents a compelling opportunity. The stabilized apartment building boasts 11 units within a 9,374 square foot building on a 9,374 square foot lot, offering a desirable 100% occupancy rate as of August 1st, 2024. Built in 1965 and extensively renovated in 2018, the property features 8,440 square feet of net rentable space, translating to a price per square foot of $448.05. The asking price for this fee-simple ownership opportunity is $4,200,000, representing a price per unit of $381,818.18. Conveniently situated in the Talmadge neighborhood, north of El Cajon Boulevard, the property benefits from a prime location. Ample parking is provided with 12 spaces. The building is a two-story structure, zoned R-4, and features a desirable mix of unit sizes and layouts. The property's strong performance and excellent location make it an ideal addition to any investment portfolio. The Assessor's Parcel Number (APN) is 472-011-17-00. This is a rare opportunity to acquire a well-maintained, high-performing apartment building in a sought-after San Diego neighborhood.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $365,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.085
- Latitude
- 32.7577
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
