4154 58 ESTRELLA Avenue, San Diego, CA 92105

$1,850,000

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List Price
$1,850,000
Price Change
▼ $50,000 1784695313
Status
ACTIVE
MLS#
NDP2605804
Year Built
1950
Lot Size
6,291
Acres
0.14
Lot Location
Rectangular Lot
Days on Market
46
Property Type
Multifamily

Property Description

We're pleased to present 4154-4158 Estrella Avenue, a renovated 6-unit multifamily investment opportunity located in the highly accessible Colina Del Sol / City Heights submarket of San Diego. Situated on an approximately 6,291 square foot lot, the property consists of six apartment units totaling approximately 3,011 square feet and features a desirable unit mix of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. Built in 1950, the property offers investors a well-maintained asset with stable in-place income, operational efficiencies, and continued rental upside. The property has benefited from significant capital improvements, including interior and exterior renovations, new windows, upgraded common areas, and a professionally maintained communal courtyard that enhances tenant appeal and livability. Additional amenities include on-site laundry facilities and six parking spaces consisting of two single surface spaces and two tandem parking areas. The property is also separately metered for gas and electric, helping reduce operating expenses and improve management efficiency. Located in the heart of central San Diego, the property provides residents with convenient access to neighborhood shopping, dining, schools, public transportation, and major employment centers. The asset benefits from exceptional connectivity via Interstate 15, Interstate 805, and State Route 94, allowing quick access to Downtown San Diego, Mission Valley, North Park, SDSU, and numerous employment hubs throughout the region. City Heights and Colina Del Sol continue to experience strong rental demand driven by their central location, diverse community, and ongoing neighborhood reinvestment. With an attractive unit mix, recent renovations, utility efficiencies, and proximity to major transportation corridors, 4154-4158 Estrella Avenue presents an outstanding opportunity for investors seeking both immediate cash flow and long-term appreciation potential in one of San Diego's most established urban rental markets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions.

Additional Information

Pool Description
None
Sewer
Public Sewer
Attached Structure
Attached
Number Of Units Total
6
Gross Scheduled Income
$128,386
Operating Expense
58011

Listing courtesy of Listing Agent: Eric von Bluecher (evb@lee-associates.com) from Listing Office: Lee & Associates.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.