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    4321-25 Estrella Ave San Diego, CA 92115

    For Sale
    $1,150,000

    3-Unit Property, City Heights, CA

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional investment opportunity presents a three-unit multifamily property located in San Diego's desirable City Heights neighborhood at 4321-25 Estrella Avenue, 92115. The property, built in 1970, sits on a 0.14-acre lot and features two buildings, each single-story, with a permitted R-4:MULTIP zoning. The main house boasts a spacious two-bedroom, one-bathroom layout with upgraded kitchen cabinets and countertops, tile flooring, and hardwood floors in the living, dining, and one bedroom. Amenities include a porch, back patio, and laundry area. The separate rear building comprises two additional units, each a one-bedroom, one-bathroom apartment. The property also includes a gated entrance, an extra-large three-car tandem garage with a full bathroom and laundry facilities, and ample parking. Currently operating at 100% occupancy, this property offers significant potential, including the possibility of adding a fourth unit to further increase its value and rental income. The total square footage is 2160 square feet. This Class B property is offered at $1,150,000 and presents a compelling opportunity for owner-users seeking a strong return on investment in a convenient location near restaurants, shops, parks, and major highways.

    Property Features for 4321-25 Estrella Ave

    General Information

    Property type
    Multifamily properties
    Class
    B

    Building Details

    Year Built
    1970
    Buildings
    2
    Stories
    1
    Units
    3

    HighLights

    • Three‑unit multifamily property in San Diego's desirable City Heights neighborhood.
    • 2,160 square foot building on a 0.14‑acre lot with R‑4:MULTIP zoning.
    • Main house features two bedrooms, one bath, upgraded kitchen, hardwood and tile floors, porch, patio, and laundry area.
    • Separate rear building contains two one‑bedroom, one‑bathroom units.
    • Property includes a gated entrance, extra‑large three‑car tandem garage with full bath and laundry, and ample parking; potential for a fourth unit.
    • Currently 100% occupied, listed at $1,150,000. Convenient location near amenities and major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential income homes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.0897771
    Latitude
    32.7554228

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    FAQs

    What type of property is this?
    Multifamily property - 3-Unit Property, City Heights, CA
    Where is this multifamily property located?
    The property is located at 4321-25 Estrella Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $1,150,000.
    What are key features of this property?
    This property features: Three-unit multifamily property in San Diego's desirable City Heights neighborhood.; 2,160 square foot building on a 0.14-acre lot with R-4:MULTIP zoning.; Main house features two bedrooms, one bath, upgraded kitchen, hardwood and tile floors, porch, patio, and laundry area.
    Request Owner's contact information
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    San Diego, CA 92115
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4321-25 Estrella Ave San Diego, CA 92115
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