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SINGLE-FAMILY HOME & TRIPLEX ON A CORNER LOT! 4319 Landis St

4 Unit Apartment Building $1,050,000 ($262,500/Unit) 3.60% Cap Rate San Diego, CA 92105

Investment Highlights

  • Four Rental Units! 3-bed, 1-bath home + triplex with 1-bed, 1-bath units.
  • Prime proximity to City Heights Rec Center and community amenities.
  • High-demand neighborhood with strong rental market appeal.
  • Two one-car garages provide extra rental income potential.
  • Value-add potential through rent increases and additional services.

Executive Summary

SINGLE-FAMILY HOME & TRIPLEX ON A CORNER LOT!
Doug Taber, CCIM is pleased to present the exclusive opportunity to acquire this unique rental property in City Heights, San Diego, featuring a 3-bed, 1-bath single-family home plus a triplex with three 1-bed, 1-bath units. Situated on a 3,722 corner lot, this property offers a private yard for the front house and (2) enclosed garage spaces for the triplex. The owner recently installed a new wood fence around the home adding additional privacy & security.
Ideally located just steps from the City Heights Recreation Center, this property offers tenants easy access to pickleball courts, tennis courts, a playground, gym, and pool, enhancing its appeal for a variety of renters. The property’s excellent location and unit mix create a fantastic opportunity for investors to add value or for an owner-occupant to live in the spacious single-family home while generating rental income from the triplex. This setup provides an ideal balance of personal residence and investment potential in a thriving community.
Contact us today at (619) 483-1031 or DougTaber.com to learn more about this incredible opportunity to own a well-maintained apartment fourplex in the USD Area of San Diego.

Property Facts

Price $1,050,000
Price Per Unit $262,500
Sale Type Investment
Cap Rate 3.60%
Sale Conditions 1031 Exchange
Gross Rent Multiplier 16.9
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Single Family Home
Building Class C
Lot Size 0.10 AC
Building Size 3,010 SF
No. Stories 2
Year Built 2000
Parking Ratio 0.66/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 1 $3,200 -
1+1 3 $1,125 -
Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
471-732-01
Land Assessment
$261,964
Improvements Assessment
$261,964
Total Assessment
$523,928

zoning

Zoning Code R4
R4
  • Listing ID: 33950729

  • Date on Market: 11/21/2024

  • Last Updated:

  • Address: 4319 Landis St, San Diego, CA 92105

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