4022 42nd St - Apartments FOR SALE


San Diego, CA 92105- Teralta West
$3,770,000 USD
619-300-0173
4022 42nd St, San Diego, CA for Sale
$3,770,000 USD
Apartments - FOR SALE
1/21
null | 5.66% Cap Rate

4022 42nd St
San Diego, CA 92105
Teralta West


HIGHLIGHTS

  • TURN-KEY OPPORTUNITY- Extensive Interior & Exterior Improvements with Strong Rental Income
  • STRONG UNIT MIX - Property Consists of a Mix of 2 Bed, 1 Bed and Studio Units
  • ATTRACTIVE AMENITIES - Large Lot, Off-Street Parking, Gated Security and Laundry Room
  • CENTRAL SAN DIEGO LOCATION - Minutes from Popular Restaurants, Bars, Nightlife & Shopping

OVERVIEW

Starker West is proud to present 4022 42nd Street — an upgraded, turnkey 11-unit apartment community offering immediate cash flow and long-term upside in a central San Diego location. This secure, gated complex has been thoughtfully renovated and professionally maintained, making it an ideal option for investors seeking a low-maintenance, stabilized asset in a strong rental market. The unit mix includes five spacious 2-bedroom / 1-bathroom units, four well-designed 1-bedroom / 1-bathroom units, and two brand-new ADUs with efficient layouts and modern finishes. Residents enjoy access to convenient off-street parking, on-site laundry, and a secure, private setting. With a strong unit mix, quality renovations, and solid rental demand, 4022 42nd Street presents a compelling opportunity for multifamily investors looking to expand their portfolio with a turn-key, income-producing property in a high-demand area.

FOR SALE DETAILS

PRICE

$3,770,000 USD

PRICE/SF

$537 USD /SF

# OF UNITS

11

PRICE/UNIT

$342,727

CAP RATE

5.66%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1969

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

-

APN/PARCEL ID

471-441-17

ASK ABOUT THIS PROPERTY

Adam CairoStarker West, IncMore Info
619-300-0173

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Adam CairoStarker West, IncMore Info
619-300-0173

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.