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4065-4071 Chamoune Ave
San Diego, CA 92105
BC Chamoune · Multifamily Property For Sale · 5 Units

Property Facts

No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.14 AC
Building Size 2,096 SF
Average Occupancy 100%
No. Stories 1
Year Built/Renovated 1940/2019
Parking Ratio 2.39/1,000 SF
Zoning RM-1-1

Amenities

Unit Amenities

  • Air Conditioning
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Freezer

About 4065-4071 CHAMOUNE AVE , SAN DIEGO, CA 92105

ACRE is proud to present "The Chamoune Avenue Apartment Homes", a five-unit apartment community located in the high demand rental market of City Heights. The property consists of three (3) one bed/ one bath detached cottages and a duplex containing two (2) one bed/ one bath units. Additional income is earned from the rear garages which consist of two double car garages and one single car garage for a total of five rentable garage spaces. Built in 1940 and substantially remodeled in 2019, the property lies on a 6,256 square foot lot with 2,096 rentable square feet. Recent renovations include but are not limited to new electrical, new exterior paint and updated landscaping. Interior renovations include new kitchen cabinets, dishwasher, sinks, faucets, quartz countertops, flooring, ceiling fans and window coverings. The subject property is ideal for the investor looking for an asset in a very desirable rental market in Central San Diego with predictable cash flow. City Heights' close proximity to Downtown San Diego makes it a convenient place to live being close to employment, dining, and entertainment. The subject property is also just minutes away from the Beach, San Diego Airport, and Balboa Park. With continued upwards pressure in rents one should expect solid returns on this property for years to come.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $1,424 525

Property Taxes

Property Taxes

Parcel Number
471-481-06
Land Assessment
$902,026
Improvements Assessment
$530,604
Total Assessment
$1,432,630
  • Listing ID: 16275384

  • Date on Market: 6/7/2019

  • Last Updated:

  • Address: 4065-4071 Chamoune Ave, San Diego, CA 92105

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