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Residential Income for sale : 8 bedrooms : 4554 - 56 Altadena Ave. in San Diego

4554 - 56 Altadena Ave. San Diego

Main Photo: Residential Income for sale : 8 bedrooms : 4554 - 56 Altadena Ave. in San Diegobanner
$1,400,000
Prop. Type:
Residential Income
MLS® Num:
260025886
Status:
Active
Bedrooms:
8
Bathrooms:
4
Year Built:
2000
Prime investment just minutes from SDSU! Rare income-producing residences on one lot. Great opportunity to own a well-established 4-unit property in the highly desirable Talmadge neighborhood. The front unit is a detached 2BR/1BA single-family home, and behind it sits a triplex consisting of three 2BR/1BA units with a 4-bay carport. The front house has driveway parking. All tenants are long-term and stable, with rents currently below market—offering strong upside potential for the next owner. The front house received a new roof in October 2026, and the apartment building has a newer flat roof installed in June 2016. Year built of the property was captured from the Assessor's record.
Property Sub Type:
Res Income 2-4 Units
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Metro Uptown
Neighborhood Code:
Talmadge
Name of Complex/Subdivision:
TALMADGE
Building Name:
Montecello
Total Building Area:
Switch units of measure3,000 sq. ft.
Total Floor Area:
Switch units of measure0 sq. ft.
Total Bedrooms:
8
Bathrooms:
4
Full Bathrooms:
4
Half Bathrooms:
0
Stories:
Other/Remarks
Year Built:
2000
Age (in years):
Switch units of measure26 year(s)
Short Sale:
false
Home Owner Fees:
$0
Home Owner Fees Include:
Trash Pickup, Water
Mello Roos Fee:
$0
Other Fees:
$80
Other Fee Type:
N/K
Monthly Total Fees:
$7
Terms:
Cash, Conventional
Cap Rate.:
6.65
Gross scheduled income:
8150.0
Other income actual:
0
Operating expense:
8000.0
Number of Units:
4
Number of Units with Cooling:
0
Tenant pays:
Cable TV, Electricity, Gas/Propane
Unit Number for Unit 1:
1
Unit Number for Unit 2:
2
Unit Number for Unit 3:
3
Unit Number for Unit 4:
House
Projected Rent for Unit 1:
$2,250
Projected Rent for Unit 2:
$2,250
Projected Rent for Unit 3:
$2,350
Projected Rent for Unit 4:
$2,400
Use Google Maps for directions.
Elementary School District:
San Diego Unified School Distric
Junior High School District:
San Diego Unified School Distric
High School District:
San Diego Unified School Distric
Complex Features:
N/K
Special Listing Conditions:
N/K
Age Restrictions:
N/K
Exposure Front:
N/K
Construction Material:
Stucco
Lot Size:
Switch units of measure6,098 sq. ft.
Parcel Number:
465-643-22-00
Heating:
Other/Remarks
Heating fuel:
Natural Gas
Cooling:
N/K
Roof:
Composition
Security:
N/K
Zoning:
R-4:MULTIP
Fencing:
Gate
Listed by OPOL Property and Finance
Data was last updated October 31, 2026 at 07:10 PM (UTC)
Gerri-Lynn Fives
Pacific Sotheby's Intl Realty
Data Source Logo
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 San Diego Multiple Listing Service, Inc.