Listed by Starker West, Inc
$3,500,000
San Diego
Details
APN 471-441-17-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,354
Units 11
Cap Rate 6%
NOI $209,991
Occupancy 100%
Price per SqFt $476
Year Built 1969
Buildings 1
Stories 2
Acreage 0.160
Multifamily | 11 Units | $318,182/unit
Marketing description
4022 42nd Street is an upgraded turnkey 11-unit apartment community located in a central San Diego neighborhood, offering immediate cash flow, long-term upside, and a stabilized, low-maintenance investment opportunity. The property features a diverse unit mix of five 2BR/1BA units, four 1BR/1BA units, and two brand-new ADUs with modern finishes and efficient layouts. The secure gated complex has been thoughtfully renovated and professionally maintained, with amenities including off-street parking, on-site laundry, and a private setting for residents. With strong rental demand, quality improvements, and an attractive unit mix, 4022 42nd Street presents a compelling opportunity for multifamily investors seeking a turnkey income-producing asset in San Diego.
Investment highlights
- On-Site Laundry
- 5 Spacious 2BR / 1BA Units
- 4 Well-Designed 1BR / 1BA Units
- 2 Brand-New ADUs
- Secure Gated Complex
- Professionally Renovated & Maintained
Listing Contacts
Listed by Starker West, Inc
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$209,991.00
$17,499.25/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
CC-5-4 CommercialNeighborhood CommercialCommercial Community
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View all 188 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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