4-unit, value-add apartment property in the Talmadge neighborhood of San Diego, consisting of two (2) 3Bedroom/1.5Bathroom (~1,025SF) and two (2) 2Bedroom/1Bathroom (~800SF). The property is currently 100% vacant and offers substantial upside and a buyer the unique opportunity to implement a business and renovation plan specific to their tastes without the hassle and cost of vacating the tenants. The property is strategically located adjacent to Kensington and San Diego State University (South of Monroe Ave / North of El Cajon Blvd).
Lot Size:
4,000-7,499 SF
Number of Buildings:
2
Number of Units:
4
Year Built:
1970
Stories:
2 Story
Total Stories:
2
Market Area:
Metro Uptown
Community:
TALMADGE
County:
San Diego
Neighborhood Code:
Talmadge
Name of Complex/Subdivision:
Talmadge
Home Owner Fees Include:
N/K, Other/Remarks
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Other Fee Type:
N/K, Other/Remarks
Tenant pays:
N/K, Other/Remarks
Projected net operating income:
123267
Other income:
0
Projected other income:
0.0
Annual expense actual:
0
Projected annual expense:
35037
Cap Rate.:
0.0
Projected Cap Rate.:
7.73
Gross Rent Multiplier:
0.0
Projected Gross Rent Multiplier:
9.77
Gross scheduled income:
0
Projected gross scheduled income:
163200
Unit Number for Unit 1:
1
Finished Area for Unit 1:
1,025 sq. ft.95.2 m2
Bedrooms for Unit 1:
3
Number of bathrooms for Unit 1:
2
Full Bathrooms for Unit 1:
1
Half Bathrooms for Unit 1:
1
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
0.0
Projected Rent for Unit 1:
3700.0
Total Garage Spaces for Unit 1:
0
Garage for Unit 1:
N/K
Parking for Unit 1:
Assigned
Unit 1 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 1:
No
Unit Number for Unit 2:
2
Finished Area for Unit 2:
1,025 sq. ft.95.2 m2
Bedrooms for Unit 2:
3
Number of bathrooms for Unit 2:
2
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
1
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
0.0
Projected Rent for Unit 2:
3700.0
Total Garage Spaces for Unit 2:
0
Garage for Unit 2:
Assigned
Parking for Unit 2:
Assigned
Unit 2 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 2:
No
Unit Number for Unit 3:
3
Finished Area for Unit 3:
800 sq. ft.74.3 m2
Bedrooms for Unit 3:
2
Number of bathrooms for Unit 3:
1
Full Bathrooms for Unit 3:
1
Half Bathrooms for Unit 3:
0
Deposit for Unit 3:
0.0
Total Rent for Unit 3:
0.0
Projected Rent for Unit 3:
3100.0
Total Garage Spaces for Unit 3:
0
Garage for Unit 3:
N/K
Parking for Unit 3:
Assigned
Unit 3 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 3:
No
Unit Number for Unit 4:
4
Finished Area for Unit 4:
800 sq. ft.74.3 m2
Bedrooms for Unit 4:
2
Number of bathrooms for Unit 4:
1
Full Bathrooms for Unit 4:
1
Half Bathrooms for Unit 4:
0
Deposit for Unit 4:
0.0
Total Rent for Unit 4:
0.0
Projected Rent for Unit 4:
3100.0
Total Garage Spaces for Unit 4:
0
Garage for Unit 4:
Assigned, N/K
Parking for Unit 4:
Assigned
Unit 4 Exclusive Use Yard:
No
Laundry Hook Ups for Unit 4:
No
Monroe Ave
Site Influences:
N/K
Miscellaneous:
N/K, Other/Remarks
Complex Features:
N/K
Exposure Front:
Other/Remarks
Exterior Features:
Wood/Stucco
View:
None, Other/Remarks
Directions:
Just South of Monroe Ave, North of El Cajon Blvd. Strategically located adjacent to Kensington and San Diego Sta
Cooling:
None
Heating:
N/K
Heating fuel:
Natural Gas, Other/Remarks
Irrigation:
N/K, Other/Remarks
Additional Use:
N/K
Number of Units with Cooling:
0
Number of Units with Dishwashers:
4
Number of Units with Dryers:
0
Number of Units with Fireplaces:
0
Number of Furnished Units:
0
Number of Units with Garages:
0
Number of Units with Patios:
4
Number of Units with Range/Oven:
4
Number of Units with Refrigerators:
4
Number of Units with Washers:
0
Pool:
N/K
Spa:
N/K
Spa Heat:
None Known
Roof:
Composition
RV Parking:
Other/Remarks
Sewer Septic:
Sewer Connected
Telecommunications:
N/K, Other/Remarks
Water district:
CITY OF SAN DIEGO
Water Heater Type:
Gas
Water supply:
Meter on Property
Security:
N/K
Fencing:
Other/Remarks
Topography:
Other/Remarks
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cal Vet, Cash, Conventional, FHA, VA, Other/Remarks
Parcel Number:
471-041-04-00
Listed by Apartment Realty Group (ARG)
Data was last updated May 1, 2025 at 11:10 AM (UTC)
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