4433-4437 Winona Ave - Apartments FOR SALE


San Diego, CA 92115- Talmadge
$2,650,000 USD
858-373-3213
4433-4437 Winona Ave, San Diego, CA for Sale
$2,650,000 USD
Apartments - FOR SALE
1/43
null | 5.38% Cap Rate

4433-4437 Winona Ave
San Diego, CA 92115
Talmadge


HIGHLIGHTS

  • Comprehensive Renovations Roof, skylights, windows, gutters, front and screen doors all replaced or upgraded between 2019 and 2022.
  • Parking Includes 9 off-street spaces and 2 garage spaces, offering a total of 11 dedicated parking spots for tenant convenience
  • Efficient Systems Each unit includes its own hot water heater and in-unit laundry center, minimizing shared maintenance and maximizing tenant convenie
  • Secure Access Custom gates installed along the north side alley for improved security and resident privacy.
  • Central Location Situated in San Diego’s Mid-City neighborhood, offering easy access to major freeways, public transit, shopping, and dining.
  • Strong Unit Mix The property offers a desirable mix of 3 1-bedroom/1-bath and 4 2-bedroom/2-bath units, catering to a broad range of tenants.

OVERVIEW

We are pleased to exclusively present 4433 Winona Avenue, a pride-ofownership multifamily asset located in the vibrant Talmadge neighborhood of San Diego, CA. The property offers a well-balanced unit mix of four two-bedroom/two-bath units and three one-bedroom/one-bath units— each thoughtfully upgraded to deliver long-term operational efficiency and tenant comfort. Significant improvements were completed in 2019 and 2022, enhancing both building systems and curb appeal. In 2019, the property received a new roof and skylights with an added underlayment layer to extend durability. That same year, energy-efficient windows and a patio slider were installed, and key mechanical systems were updated, including individual hot water heaters, in-unit laundry centers, and bathroom exhaust fans. Fixtures such as toilets and showerheads were replaced to boost water efficiency and reduce utility costs. In 2022, the property saw additional enhancements, including the replacement of front entry doors and security screen doors, as well as the installation of custom gates on the north side alley to improve privacy and controlled access. All units feature in-unit laundry and dedicated hot water heaters, reducing shared system dependencies and offering added convenience to tenants. The property also includes 9 off-street surface parking spaces and 2 garage spaces, providing a total of 11 dedicated parking spots. Attractive assumable financing is available with current monthly payments of $7,653.01, a loan balance of $1,583,023, and a fixed interest rate of 3.64% through May 1, 2027. The loan has a maturity date of May 1, 2052, offering long-term stability for prospective investors.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$499 USD /SF

# OF UNITS

7

PRICE/UNIT

$378,571

CAP RATE

5.38%

% 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

1986

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,136 SF

ZONING

MR10B, San Diego

APN/PARCEL ID

471-152-11

ASK ABOUT THIS PROPERTY

858-373-3213

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858-373-3213

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