4470 Euclid Ave - Apartments FOR SALE


San Diego, CA 92115- Talmadge
$5,895,000 USD
858-344-2853
4470 Euclid Ave, San Diego, CA for Sale
$5,895,000 USD
Apartments - FOR SALE
1/24
null | 5% Cap Rate

4470 Euclid Ave
San Diego, CA 92115
Talmadge


HIGHLIGHTS

  • Download the attached 15 page Offering Memorandum for additional details about this property.

OVERVIEW

Talmadge Pacific Apartments presents the opportunity to acquire a 21-unit multifamily asset located within San Diego’s established Talmadge neighborhood. The property consists of a two-story wood-frame and stucco building situated on a raised foundation with a pitched composition-shingle roof. Ownership has historically been long-term, with limited turnover over the property's lifespan, reflecting its enduring appeal and stable residential setting. The community features a highly desirable unit mix of two-bedroom, one-bedroom, and studio residences arranged around a controlled-access interior courtyard. Residents benefit from an uncommon parking ratio that includes 10 private garages and 20 additional open parking spaces, a valuable amenity in San Diego’s Mid-City rental market. Many garages provide direct courtyard access, enhancing convenience for occupants. Positioned near shopping, dining, and everyday services, the property offers walkable neighborhood amenities while maintaining convenient access to Interstate 8 and Interstate 15. The location also provides connectivity to major employment centers throughout Mission Valley, central San Diego, and nearby San Diego State University. Talmadge's historic character, residential appeal, and proximity to regional transportation corridors continue to support long-term housing demand. The offering combines classic architectural characteristics with operational upside through future unit renovations and rent growth potential. Its established location, favorable parking configuration, attractive courtyard design, and diverse unit mix create a compelling investment opportunity for buyers seeking a well-located San Diego multifamily asset with opportunities for continued value enhancement.

FOR SALE DETAILS

PRICE

$5,895,000 USD

PRICE/SF

$429 USD /SF

# OF UNITS

21

PRICE/UNIT

$280,714

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Talmadge Pacific Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,369 SF

ZONING

MR10B, City of S.D.

APN/PARCEL ID

4711220300

ASK ABOUT THIS PROPERTY

Robert Vallera CCIMVoit Real Estate ServicesMore Info
858-344-2853

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Robert Vallera CCIMVoit Real Estate ServicesMore Info
858-344-2853

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