4154-4158 Estrella Ave - Apartments FOR SALE


San Diego, CA 92105- Colina Del Sol
$2,200,000 USD
760-929-7846
4154-4158 Estrella Ave, San Diego, CA for Sale
$2,200,000 USD
Apartments - FOR SALE
1/20
null | 3.15% Cap Rate

4154-4158 Estrella Ave
San Diego, CA 92105
Colina Del Sol


HIGHLIGHTS

  • 6-unit multifamily asset with a diversified mix of (1) two bedroom, (3) one bedroom, and (2) studio units
  • New windows along with completed exterior and interior renovations, reducing near term capital needs
  • Individually metered gas and electric on every unit
  • On site laundry adds a recurring ancillary income stream beyond base rent
  • Well maintained communal courtyard supports tenant retention and curb appeal in a centrally located, well connected San Diego submarket

OVERVIEW

Lee & Associates Multifamily Group - North San Diego County is pleased to present 4154-4158 Estrella Avenue, a renovated 6-unit multifamily investment opportunity located in the highly accessible Colina Del Sol / City Heights submarket of San Diego. Situated on an approximately 6,291 square foot lot, the property consists of six apartment units totaling approximately 3,011 square feet and features a desirable unit mix of (1) two-bedroom/one-bath unit, (3) one-bedroom/one-bath units, and (2) studio units. Built in 1950, the property offers investors a well-maintained asset with stable in-place income, operational efficiencies, and continued rental upside. The property has benefited from significant capital improvements, including interior and exterior renovations, new windows, upgraded common areas, and a professionally maintained communal courtyard that enhances tenant appeal and livability. Additional amenities include on-site laundry facilities and six parking spaces consisting of two single surface spaces and two tandem parking areas. The property is also separately metered for gas and electric, helping reduce operating expenses and improve management efficiency. Located in the heart of central San Diego, the property provides residents with convenient access to neighborhood shopping, dining, schools, public transportation, and major employment centers. The asset benefits from exceptional connectivity via Interstate 15, Interstate 805, and State Route 94, allowing quick access to Downtown San Diego, Mission Valley, North Park, SDSU, and numerous employment hubs throughout the region. City Heights and Colina Del Sol continue to experience strong rental demand driven by their central location, diverse community, and ongoing neighborhood reinvestment. With an attractive unit mix, recent renovations, utility efficiencies, and proximity to major transportation corridors, 4154-4158 Estrella Avenue presents an outstanding opportunity for investors seeking both immediate cash flow and long-term appreciation potential in one of San Diego's most established urban rental markets. Buyer to verify all property information, including but not limited to square footage, lot size, unit count, unit mix, parking configuration, utility metering, permits, financial information, and market rental assumptions. Property Highlights • 6-Unit Multifamily Investment Opportunity • Unit Mix: (1) 2 Bed / 1 Bath, (3) 1 Bed / 1 Bath, (2) Studio Units • ±3,011 SF Building Area • ±6,291 SF Lot • Built in 1950 • Renovated Interior & Exterior • New Windows • Attractive Communal Courtyard • Separately Metered for Gas & Electric • On-Site Laundry Facilities • 6 Parking Spaces o (2) Single Surface Spaces o (2) Tandem Parking Spaces • Strong In-Place Income with Rental Upside • Convenient Access to I-15, I-805 & SR-94 • Minutes from Downtown San Diego, Mission Valley, North Park & SDSU • Located in the High-Demand City Heights / Colina Del Sol Submarket • Offered Exclusively by Lee & Associates Multifamily Group - North San Diego County Offering Guidelines All offers will be presented to ownership as received. Ownership has indicated a preference for a closing on or before December 31, 2026. Buyers are encouraged to submit their highest and best pricing and terms. Seller reserves the right to accept, reject, or negotiate any offer at its sole discretion. For More Information Contact Eric von Bluecher | D 760.929.7846 | evb@lee-associates.com Ivan Del Muro-Garcia | D 760.448.2451 | idmg@lee-associates.com Lee & Associates Multifamily Group - North San Diego County

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$731 USD /SF

# OF UNITS

6

PRICE/UNIT

$366,667

CAP RATE

3.15%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Renovated 6-Unit Multifamily Investment

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,291 SF

ZONING

R4

APN/PARCEL ID

471-412-18

ASK ABOUT THIS PROPERTY

Eric von BluecherEric von BluecherMore Info
760-929-7846

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Eric von BluecherEric von BluecherMore Info
760-929-7846

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