$2,249,999

Estimated payment $13,566/month

Total Views 969
8 Beds
4 Baths
2,550 Sq Ft
$882 Price per Sq Ft

Highlights

  • 0.23 Acre Lot
  • Laundry Room
  • 1-Story Property
  • No HOA
  • No Heating

About This Home

Ideally situated in the highly desirable Golden Hill neighborhood of San Diego, just minutes from the entrance to the 94 freeway, this well-maintained multi-unit property offers both convenience and strong income potential. Each unit features a consistent, functional layout (model match), with Unit 4 offering an expanded private patio, adding additional tenant appeal. The property has been thoughtfully upgraded, including modernized kitchens and bathrooms, updated electrical and plumbing systems, and efficient wall heaters and mini split AC units. Additional highlights include: on-site laundry providing extra income, two parking spaces per unit (highly desirable in this area), private storage lockers for each unit and renovated in 2017. The current tenants currently cover the majority of operating expenses, resulting in extremely low monthly ownership costs and strong net income potential. Please note Unit # for Unit 1: 1103 Unit # for Unit 2: 1105 Unit # for Unit 3: 1115 Unit # for Unit 4: 1117

Listing Agent

Angela Avilez

Realty One Group Pacific Brokerage Email: avilezandassociates@gmail.com License #01885799 Listed on: 04/22/2026

Realty One Group Pacific

Co-Listing Agent

David Cardenas

Realty One Group Pacific Brokerage Email: avilezandassociates@gmail.com License #01862173

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1950

Lot Details

  • 9,957 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 2,550 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Tax Lot 14827
  • Tax Tract Number 16
  • Assessor Parcel Number 5395711900
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,200
  • Operating Expense $31,720
  • Gross Income $133,206
  • Net Operating Income $101,876

Property Details

Home Type

Multi-Family

Year Built

Built in 1950

Lot Details

9,957 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • CapRate: 4.00
  • Property Attached: Yes
  • View: No
  • Zoning: R-4
  • Property Type: Residential Income
  • Parcel Number: 5395711900
  • Year Built: 1950
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 882.35

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9957.00
  • Lot Size Acres: 0.2286

Multi Family

  • Gross Income: 133206.00
  • Gross Scheduled Income: 133206.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9957.0000 Square Feet
  • Net Operating Income: 101876.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Number With Refrigerator: 4
  • Operating Expense: 31719.00
  • Rent Control: No
  • Total Expenses: 31719.55

Tax Info

  • Tax Lot: 14827
  • Tax Tract Number: 00016

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $18,800 $1,557,618 $1,136,553 $421,065
2024 $18,800 $1,527,077 $1,114,268 $412,809
2023 $18,385 $1,497,135 $1,092,420 $404,715
2022 $17,896 $1,467,780 $1,071,000 $396,780
2021 $17,773 $1,439,000 $1,050,000 $389,000
2020 $16,804 $1,362,924 $1,040,400 $322,524
2019 $16,504 $1,336,200 $1,020,000 $316,200
2018 $15,429 $1,310,000 $1,000,000 $310,000
2017 $8,590 $731,000 $650,000 $81,000
2016 $933 $76,456 $17,544 $58,912
2015 $920 $75,309 $17,281 $58,028
2014 $907 $73,835 $16,943 $56,892
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2026 04/22/26 For Sale $2,249,999 -- $882 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2602984

California Regional Multiple Listing Service (CRMLS)

APN: 539-571-19-00

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