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4141-4147 Ingalls St 6 Unit Apartment Building $3,000,000 ($500,000/Unit) San Diego, CA 92103
Investment Highlights
- Rare Mission Hills Craftsman Apartments
- Large One-Bedroom Units ±1,000 SF
- ADU Potential: Four Existing Garages May Qualify for ADU Conversion (buyer to verify)
- Corner Lot on a Quiet Residential Street
- Units Feature Hardwood Floors and Balconies
- Common Laundry Room On-Site
Executive Summary
The Grimes Group at Coldwell Banker Commercial is pleased to present a rare opportunity to acquire a well-maintained six-unit Craftsman-style property in the highly desirable Mission Hills neighborhood of San Diego. Located on a quiet residential street lined primarily with high-value single-family homes, this 1950s-era asset sits on a ±5,351 SF corner lot and offers architectural charm with meaningful rental upside. The property consists of two separate structures: a front building with four oversized one-bedroom/one-bathroom units, and a rear duplex featuring two studio units above four single-car garages and a shared laundry room. Current rents are below market, presenting a clear opportunity for income growth. The garages may also offer ADU conversion potential under San Diego zoning regulations (buyer to verify).
For additional information, please contact us.
For additional information, please contact us.
Property Facts
| Price | $3,000,000 | Building Class | C |
| Price Per Unit | $500,000 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 4,780 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Apartment Style | Low-Rise | Parking Ratio | 0.84/1,000 SF |
| Zoning | RS-1-7 - Residential Multi-Family Zoning | ||
| Price | $3,000,000 |
| Price Per Unit | $500,000 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,780 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.84/1,000 SF |
| Zoning | RS-1-7 - Residential Multi-Family Zoning |
Amenities
Unit Amenities
- Balcony
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 390 |
| 1+1 | 4 | - | 1,000 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 444-381-01 | Improvements Assessment | $674,220 |
| Land Assessment | $919,393 | Total Assessment | $1,593,613 |
Property Taxes
Parcel Number
444-381-01
Land Assessment
$919,393
Improvements Assessment
$674,220
Total Assessment
$1,593,613
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4141-4147 Ingalls St
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