Prime 8-Unit Apartment Building Investment Opportunity in San Diego
- 5 hours ago
- 2 min read
Pacific Coast Commercial proudly presents a highly desirable multi-family investment opportunity at 4254 Highland Avenue, San Diego, CA 92115.
This ±5,694 SF 8-unit apartment building sits on a ±0.14 AC (6,251 SF) lot in the College Grove / Talmadge area and is zoned RM-1-1. Offered at $2,100,000, the two-story property provides strong potential and value-add opportunities in a high-demand central San Diego submarket.
The well-maintained site offers excellent tenant amenities, including nine on-site parking spaces, a coin-operated laundry room, many interior upgrades, a newer roof, and a recently installed 100-gallon water heater. It features convenient access to the I-15 and I-8 freeways and is within walking distance of work, schools, transportation, and multiple food and retail amenities. It is also just 7 minutes from San Diego State University (SDSU) and 12 minutes from Mission Valley, enhancing its long-term appeal and renter retention.
Additionally, the property generates approximately $177,264 in gross scheduled annual income (yielding a Net Operating Income of $106,092.50), providing immediate and stable cash flow with a clear path to achieving pro-forma returns.
Overall, this is an excellent opportunity for investors seeking a strategically located asset with strong current income and future upside potential.
For More Information, Contact Us Today:
MICHAEL GLICKSTEIN, CCIM
Broker Associate
(619) 379-3337
Lic. 01075370
PACIFIC COAST COMMERCIAL
10721 Treena Street, Suite 200 San Diego, CA 92131
Lic. 01209930
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