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4073-4077 Chamoune Ave 5 Unit Apartment Building $1,800,000 ($360,000/Unit) San Diego, CA 92105
Investment Highlights
- 5 units | 15 bedrooms | 10 bathrooms
- 7 garage parking spaces + 1 uncovered space
- Onsite laundry room
- Built in 1988
- Alley access
- Electronic security gates
Executive Summary
South Coast Commercial is pleased to present 4073 Chamoune Avenue, a well-maintained 5-unit multifamily investment opportunity located in San Diego’s established City Heights neighborhood. Built in 1988, the property consists of five 3-bedroom, 2-bathroom units, totaling 15 bedrooms and 10 bathrooms.
The property offers seven enclosed garage parking spaces plus one additional uncovered space, providing a strong parking ratio for the asset. Additional features include alley access, electronic security gates, and an onsite laundry facility.
Offered for sale for only the second time, 4073 Chamoune Avenue presents a rare opportunity to acquire a sizable 5-unit property in an established San Diego submarket with convenient access to major employment centers, transportation corridors, and surrounding neighborhoods.
The information contained herein has been obtained from sources believed reliable. While South Coast Commercial does not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. DRE #01846358
The property offers seven enclosed garage parking spaces plus one additional uncovered space, providing a strong parking ratio for the asset. Additional features include alley access, electronic security gates, and an onsite laundry facility.
Offered for sale for only the second time, 4073 Chamoune Avenue presents a rare opportunity to acquire a sizable 5-unit property in an established San Diego submarket with convenient access to major employment centers, transportation corridors, and surrounding neighborhoods.
The information contained herein has been obtained from sources believed reliable. While South Coast Commercial does not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. DRE #01846358
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,800,000 | Building Class | C |
| Price Per Unit | $360,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 4,585 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 60% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1988 |
| Property Subtype | Apartment | Parking Ratio | 1.53/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | RM-1-1 | ||
| Price | $1,800,000 |
| Price Per Unit | $360,000 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,585 SF |
| Average Occupancy | 60% |
| No. Stories | 2 |
| Year Built | 1988 |
| Parking Ratio | 1.53/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | RM-1-1 |
Amenities
Unit Amenities
- Balcony
- Microwave
- Hardwood Floors
- Oven
- Patio
Site Amenities
- Fenced Lot
- Laundry Facilities
- Gated
- Private Bathroom
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 5 | - | 917 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 471-481-31 | Total Assessment | $1,561,722 |
| Land Assessment | $948,189 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $613,533 | Tax Year | 2026 |
Property Taxes
Parcel Number
471-481-31
Land Assessment
$948,189
Improvements Assessment
$613,533
Total Assessment
$1,561,722
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
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