5406 Imperial Ave Active

San Diego,CA 92114

$ 3960000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2504104

HOA Y/N No

Lot Size 0.273 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.
Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.

Location

State CA

County San Diego

Area Encanto (92114)

Building

Lot Description Curbs,Sidewalks

Story 2

Others

Acceptable Financing Conventional,Exchange

Listing Terms Conventional,Exchange

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