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Residential Income for sale: 5337 Meade Ave in San Diego

5337 Meade Ave San Diego

Main Photo: Residential Income for sale: 5337 Meade Ave in San Diegobanner
$1,750,000
Prop. Type:
Residential Income
MLS® Num:
260027086
Status:
Active
5337-5347 Meade Ave: 6-unit multifamily property in San Diego's 92115 submarket. Two buildings totaling approx. 3,863 SF on a 9,200 SF (0.223 AC) lot, built 1955, two stories, frame/stucco construction with composition shingle gable roofs and open on-site parking. Interior courtyard layout with approx. 1,533 SF of land per unit and a two-building configuration offering flexibility for future repositioning. Located in a Qualified Opportunity Zone; zoned CUPD-CT-2-4. Close to Horace Mann Middle School, the University Ave and El Cajon Blvd commercial corridors, bus lines and approx. 1.9 miles to the SDSU Transit Center (Green Line). Offering memorandum estimates approx. $183,870 EGI and $115,536 NOI, an approx. 6.6% cap rate at the list price. Value-add upside through renovation-driven rent growth.
Property Sub Type:
Com-Res Income
Number of Buildings:
2
County Or Parish:
San Diego
Market Area:
Metro Uptown
Total Building Area:
Switch units of measure3,863 sq. ft.
Total Floor Area:
Switch units of measure3,863 sq. ft.
Total Bedrooms:
0
Bathrooms:
0
Half Bathrooms:
0
Stories:
2 Story
Num Stories:
2
Year Built:
0
Age (in years):
Switch units of measure2,026 year(s)
Short Sale:
false
Cap Rate.:
6.6
Gross scheduled income:
183870.0
Projected gross operating income:
183870
Projected net Income:
115536
Projected Gross Multiplier:
9.52
Operating expense:
68334.0
Projected operating expense:
68334
Financial Information Source:
Other/Remarks
Number of Units:
6
Special Listing Conditions:
N/K
Construction Material:
Frame, Stucco
Lot Size:
Switch units of measure9,714 sq. ft.
Parcel Number:
472-041-11-00
Parking Features:
Spaces
Roof:
Composition
Listed by The Agency
Data was last updated November 14, 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.