4424 51st St San Diego, CA 92115-4709
Property profile & analytics
4424 51st St San Diego, CA 92115-4709
- Apartment buildings
- 8,790 SF
- 0.22 lot acres
Property ID
US09-7220417
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.
Location Intelligence
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
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,420,000
- 6.5%
- $2,235,000
- 7%
- $2,075,000
-
Alternative Use
- Use
- Estimation
- APARTMENT HOUSE (5+ UNITS)
- $2,205,000 Current use
Get a detailed, property-specific estimation — 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
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
$41,081
$1,627,093
$1,706,743
$3,333,836
-
$0.00
$0.00
$0.00
