4522 Oregon Street, San Diego, CA 92116
- $2,950,000
- List Price
- $2,950,000
- Price Change
- ▼ $45,000 1780522264
- Status
- ACTIVE
- MLS#
- PTP2602937
- Year Built
- 1972
- Lot Location
- Landscaped, Level, Near Park, Near Public Transit, Paved, Street Level
- Days on Market
- 98
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
We are pleased to present Sundance Apartments, a 9-unit multifamily property in San Diego’s desirable University Heights neighborhood, located just 1.5 blocks from Adams Avenue. Built in 1972, the gated property features (6) 1BR/1BA and (3) 2BR/1BA units, select private patios/balconies, common area patio area with mature landscaping, on-site laundry, and 9 off-street parking spaces. Well-maintained with stable in-place income (5.22% current cap rate), the asset offers value-add upside through renovations. One 2BR unit is currently for lease, providing an immediate renovation/lease-up opportunity. Ideally located just 1.5 blocks south from Adams Avenue—home to vibrant dining, retail, and entertainment—the property benefits from strong tenant demand and excellent proximity to major freeways and neighborhood amenities.
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Additional Information
- Attached Structure
- Detached
- Number Of Units Total
- 9
- Gross Scheduled Income
- $225,600
- Operating Expense
- 74949
Listing courtesy of Listing Agent: Max Delbecq (maxd@topguncre.com) from Listing Office: Top Gun CRE.
Mortgage Calculator
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