Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2626 Highland Ave San Diego, CA 92105-4342

    • Apartment buildings
    • 4,903 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimations
    $715,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6614769
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Apartment buildings

    Property Details for 2626 Highland Ave

    Year built
    1980
    Lot size
    0.17 lot acres
    Property size
    4,903 SF
    Zone code
    R-4:MULTIPLE RESIDENTIAL
    Property type
    Apartment buildings
    APN
    476-492-30-00
    APU
    4764923000

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $949,000
      Market price range: $488k - $1.68M

    • Alternative Use

      Use
      Estimation
      APARTMENT HOUSE (5+ UNITS)
      $1,170,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.099
    Latitude
    32.7339
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,765
    $301,816
    $488,944
    $790,760
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4.67 Acres

      5471 Bayview Hts Pl

      APARTMENT HOUSE (5+ UNITS) • 4.67 Acres
      5471 Bayview Hts Pl, San Diego, CA 92105-5805
      View Details
    • Value Estimation by Request
      1.79 Acres

      3806 Fairmount Ave

      APARTMENT HOUSE (5+ UNITS) • 1.79 Acres
      3806 Fairmount Ave, San Diego, CA 92105-2600
      View Details
    • Value Estimation
      $1,160,000
      6,944 SF

      3669 Lemona Ave, Unit 75

      APARTMENT HOUSE (5+ UNITS) • 6,944 SF
      3669 Lemona Ave, San Diego, CA 92105-3128
      View Details
    • Value Estimation
      $3,345,000
      23,746 SF

      5622 University Ave

      APARTMENT HOUSE (5+ UNITS) • 23,746 SF
      5622 University Ave, San Diego, CA 92105-2336
      View Details
    • Value Estimation
      $930,000
      6,280 SF

      3778 Van Dyke Ave

      APARTMENT HOUSE (5+ UNITS) • 6,280 SF
      3778 Van Dyke Ave, San Diego, CA 92105-2692
      View Details
    • Value Estimation
      $2,350,000
      19,344 SF

      4075 Van Dyke Ave

      APARTMENT HOUSE (5+ UNITS) • 19,344 SF
      4075 Van Dyke Ave, San Diego, CA 92105-1550
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Gated Condo Near Golf Course

      Two-bedroom, two-bathroom condo with gated parking and remodeled features.
      4013 Oakcrest Dr, San Diego, CA 92105
      View Details
    • $3,200,000

      Kensington Multifamily Remodeled Apartment Complex

      9-unit apartment complex in San Diego's Kensington neighborhood.
      4344 Van Dyke Ave, San Diego, CA 92105
      View Details
    • $2,795,000
      5,875 SF

      San Diego Development Opportunity

      Multifamily property with development potential in central San Diego.
      5502 University Ave, San Diego, CA 92105
      View Details
    • $5,000,000

      Turn-Key Apartment Community in San Diego

      Fully remodeled 18-unit apartment community in central San Diego.
      4999 Sterling Ct, San Diego, CA 92105
      View Details
    • Contact for pricing
      4,792 SF

      City Heights Development Opportunity

      Prime San Diego lot, redevelopment potential.
      4288 El Cajon Blvd, San Diego, CA 92105
      View Details
    • $3,399,000
      6,185 SF

      8-Unit San Diego Apartment Building

      High-Cash Flow, Renovated Multifamily
      3570 43Rd St, San Diego, CA 92105
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      108,741 SF

      University Ave. & Fairmount Ave

      Medical offices • 108,741 SF
      0 University Ave. & Fairmount Ave, San Diego, CA 92105
      View Details
    • Contact for pricing
      7,650 SF

      City Heights Multi-Functional Facility

      Multi-functional facility for lease featuring sanctuary, hall, kitchen, and playground.
      3040 Fairmount Ave, San Diego, CA 92105
      View Details
    • Contact for pricing
      1,457 SF

      Office/Medical Space for Lease

      Office and medical space with updated finishes and free parking.
      5106 Federal Blvd, San Diego, CA 92105
      View Details
    • Contact for pricing
      15,527 SF

      Freestanding Retail Building For Rent

      15,527 SF freestanding building in high visibility shopping center.
      3893-3993 54Th St, San Diego, CA 92105
      View Details
    • Contact for pricing
      1,192 SF

      City Heights Retail Space Available

      Neighborhood shopping center in San Diego's City Heights area.
      3807 Fairmount Ave, San Diego, CA 92105
      View Details
    • Contact for pricing
      17,500 SF

      Retail Building Former Rite Aid

      Retail building available for rent, formerly a Rite Aid.
      1745 Euclid Ave, San Diego, CA 92105
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2626 Highland Ave
    San Diego, CA 92105-4342
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.