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$3,960,000

Est. payment - /mo

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0.27 Acres Lot

Active

5406 5418 Imperial Ave San Diego, CA 92114

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Chris Mardelli

chris@therealupside.com +1(310) 571-5761

UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2504104

HOA Y/N No

Year Built 1973

Lot Size 0.273 Acres

Property Description

Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning RM-3-7

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park

Utilities Available Cable Connected, Electricity Connected, Underground Utilities

View Y/N Yes

View City Lights, Landmark

Total Parking Spaces 33

Private Pool No

Building

Lot Description Near Park, Paved, Rectangular Lot

Story 2

Sewer Public Sewer

New Construction No

Others

Senior Community No

Tax ID 5480901000

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Special Listing Condition Standard

Listed by Michael Conger Commercial Asset Advisors team@caacre.com

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