5074 Madison Ave - Apartments FOR SALE


San Diego, CA 92115- Talmadge
$4,350,000 USD
858-395-6935
5074 Madison Ave, San Diego, CA for Sale
$4,350,000 USD
Apartments - FOR SALE
1/30
null | 4.56% Cap Rate

5074 Madison Ave
San Diego, CA 92115
Talmadge


HIGHLIGHTS

  • 12-unit multifamily asset on a single contiguous parcel in Talmadge
  • Eight fully renovated 2BR/1BA units + four 2023-built studio lofts
  • Turnkey investment with new systems and minimal CapEx requirements
  • Strong location near Kensington, El Cajon Blvd, SDSU, and major job centers

OVERVIEW

The Madison is a fully repositioned 12-unit multifamily asset located in San Diego’s sought-after Talmadge neighborhood. The property combines eight renovated two-bedroom, one-bath units with four newly constructed studio lofts delivered in 2023, creating a diversified unit mix that appeals to a wide tenant base. With modern interior finishes, upgraded systems, and minimal deferred maintenance, the asset offers stable in-place income and operational simplicity. Positioned in a quiet, tree-lined neighborhood with strong renter demand and proximity to major employment and transit corridors, The Madison provides investors with durable cash flow and continued rental upside.

FOR SALE DETAILS

PRICE

$4,350,000 USD

PRICE/SF

$599 USD /SF

# OF UNITS

12

PRICE/UNIT

$362,500

CAP RATE

4.56%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Madison Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

11,082 SF

ZONING

RM-1-1, San Diego

APN/PARCEL ID

466-251-19

ASK ABOUT THIS PROPERTY

Erik AndersonNewmarkMore Info
858-395-6935

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Erik AndersonNewmarkMore Info
858-395-6935

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