
Listed by CBRE - San Diego
$3,350,000
4471 Louisiana St
Details
APN 445-232-04-00
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,005
Units 7
Cap Rate 4.41%
Buildings 3
Stories 2
Acreage 0.160
Parking Spaces 6 spaces
Parking Per SqFt 1.50
Multifamily | 4.41% CAP | 7 Units
Marketing description
We are pleased to present exclusively for sale 4471 Louisiana Street, a newly constructed and extensively renovated 7-unit apartment community located in the highly desirable University Heights neighborhood of San Diego. Situated on a quiet residential street, the property presents a rare opportunity for both an owner-occupant and passive investor to acquire a turnkey, condo-quality asset in one of San Diego’s most walkable and supply-constrained urban submarkets. The property features a well-balanced unit mix comprised of one (1) twobedroom / two-bath detached house (approximately 800 square feet), four (4) one-bedroom / one-bath units (approximately 575 square feet each), and two (2) newly constructed one-bedroom ADU units (approximately 425 square feet each). The entire property has undergone extensive improvements and was either newly constructed or renovated to the studs in 2026, resulting in a cohesive, design-forward community with modern finishes and minimal deferred maintenance. All units are currently leased and tenants reimburse utilities, helping minimize operating expenses and support strong in-place cash flow. The property also includes six off-street parking spaces, with four spaces accessed from the alley and two additional front parking spaces, a valuable amenity in this highly walkable neighborhood. Located in the heart of University Heights, residents benefit from immediate access to a vibrant mix of restaurants, coffee shops, bars, boutique retail, and neighborhood amenities along Park Boulevard and Adams Avenue. The property is also just minutes from No
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Listed by CBRE - San Diego
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Zoning
RM-1-1 ResidentialMulti FamilyResidential Multiple Unit
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View all 190 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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