4659 North Ave, Normal Heights, CA 92116

$5,000,000

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List Price
$5,000,000
Status
ACTIVE
MLS#
260016347SD
Lot Size
7,000
Acres
0.16
Days on Market
24
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

Pleased to present 4659 North Avenue, a fully renovated 10-unit apartment community located in the highly desirable University Heights neighborhood of San Diego. Originally built in 1971 and extensively renovated in 2026, the property features a well-balanced unit mix of seven 1-bedroom units, two 2-bedroom / 1.5-bathroom units, and one 2-bedroom / 2-bathroom unit. Each residence has been upgraded with modern finishes including quartz countertops, updated cabinetry, vinyl plank flooring, renovated bathrooms, in-unit laundry, air conditioning, and dedicated off-street parking. Major capital improvements, including upgraded electrical and plumbing systems, provide investors with a low-maintenance, turnkey asset. Ideally located west of Park Boulevard with a Walk Score of 90, residents enjoy easy access to University Heights' popular restaurants, cafés, and neighborhood amenities. 4659 North Avenue offers stable cash flow and long-term appreciation potential in one of San Diego's most sought-after rental markets.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
10
Gross Scheduled Income
$333,780
Operating Expense
110090

Listing courtesy of Listing Agent: Carson Trujillo (carson@whitewatercre.com) from Listing Office: Whitewater CRE Inc.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.