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4309 -4311-4313 Dwight St San Diego, CA 92105

OFF-MARKET Apartment buildings Google Maps
1,626 SF Built 2024
Estimated value
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Property ID

Property summary

AI-generated overview

This exceptional investment opportunity presents a brand-new, 2024-constructed, two-building triplex located in San Diego's desirable City Heights neighborhood. The property comprises three separately metered one-bedroom, one-bathroom units, each boasting in-unit laundry, HVAC systems, and private patios. The units are individually addressed as 4309, 4311, and 4313 Dwight Street, offering convenient management and potential for individual leasing. A converted garage provides a detached accessory dwelling unit (ADU) with its own address, adding to the property's rental income potential. All utilities are separately metered for efficient management. Two units are currently rented at $1,900 per month, providing immediate cash flow and an attractive opportunity for an owner-occupant. Situated in a Tier 3 Complete Communities area with a 6.5 FAR, this property benefits from a density bonus incentive program, enhancing its long-term value and offering significant future development potential. The 1,626 square foot property sits on a 3,551 square foot lot (APN: 476-022-01-00) and is zoned CUPD-CU-3-6. City Heights offers a vibrant blend of residential and commercial amenities, including convenient access to public transportation, parks, and local businesses, making this an ideal investment for both seasoned investors and those seeking a high-return property in a thriving urban setting. The asking price is $1,375,000.

Property profile

Verified
Property type Apartment buildings
Year built 2024
Total area 1,626 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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