

Listed by Lee & Associates San Diego - Carlsbad
$2,200,000
4154-58 Estrella Avenue
Details
APN 4714121800
Property Type Multifamily
Sub Type Apartment Building
Units 6
Cap Rate 3.15%
Buildings 3
Acreage 0.144
Zoning Assessor
Multifamily | 3.15% CAP | 6 Units
Marketing description
Lee & Associates Multifamily Group - North San Diego County is 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 throughou
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Listed by Lee & Associates San Diego - Carlsbad
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Zoning
RM-1-3 ResidentialMulti FamilyResidential Multiple Unit
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