$1,375,000
City Heights
Details
APN 471-492-23-00
Property Type Multifamily
Sub Type Apartment Building
Units 4
Cap Rate 4.00%
Year Built 1925
Buildings 4
Multifamily | 4.00% CAP | 4 Units
Marketing description
South Coast Commercial is pleased to present 4050-56 Euclid Avenue, a four-unit multifamily investment in the centrally located City Heights neighborhood of San Diego. Situated on an approximately 6,008 square foot parcel, the property includes a spacious front house, a brand new unit, and two additional units, offering a mix of newer and legacy construction with existing in-place rental income. Located along Euclid Avenue, one of City Heights’ established commercial corridors, the property sits near the neighborhood’s shops, restaurants, and transit. With more than 55,000 residents within one mile, the area ranks among the most densely populated in the San Diego region, supporting steady rental demand. With in-place rents currently below market, the property offers value-add upside through lease-to-market. The offering suits investors or owner-occupants seeking a well-located San Diego asset with a mix of unit types and in-place tenancy.
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