4499 Campus Avenue

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4499 Campus Avenue

San Diego, CA 92116
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for purchase in San Diego.
  • The site consists of three individual rental units.
  • Property is situated in the established 92116 zip code.
  • Located within the desirable University Heights neighborhood of San Diego.
  • Well-positioned to capture demand in a supply-constrained housing market.

What's Special

This multifamily apartment building at 4499 Campus Avenue in San Diego is currently for sale, presenting a steady addition for an investor looking to bolster a residential portfolio. The property comprises three distinct units positioned within the 92116 zip code. San Diego continues to experience consistent demand for rental housing due to its diverse economy and strong employment base in sectors like defense, biotechnology, and tourism. This asset type is well-suited for long-term hold strategies or as a smaller-scale acquisition for those seeking stability in a major Southern California market. Residents in this area benefit from proximity to local thoroughfares and the neighborhood character of the University Heights submarket. Given the density and historical appeal of the region, these units provide a functional option for tenants prioritizing access to the urban core while maintaining a residential atmosphere. Investors should evaluate this property as an opportunity to secure a multi-family foothold in a supply-constrained environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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