Listed by Compass
$2,100,000
University Heights
Details
APN 445-232-27-00
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 4.01%
Year Built 1925
Buildings 4
Lot Size (SqFt) 6,996
Multifamily | 4.01% CAP | 4 Units
Marketing description
Exceptional multi-family investment opportunity in the heart of University Heights. 4480–4486 Texas St features four upgraded units, including one 2BR/1BA and three 1BR/1BA residences, thoughtfully improved for long-term performance and tenant appeal. Each bungalow offers remodeled kitchens new appliances and dishwashers, remodeled baths, in-unit laundry, private fenced outdoor space, and modern conveniences throughout. Extensive improvements include new copper plumbing and PVC drains to the alley, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on 4486. Exterior upgrades include fresh paint, new fencing, and private patios for all units. Additional highlights include split-system HVAC, tankless water heaters (3 units), 4486 has EV charging, and three off-street parking spaces. Ideally located near vibrant dining, shopping, and transit, this turnkey asset blends strong rental fundamentals with future upside in one of San Diego’s most desirable urban neighborhoods.
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Listed by Compass
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