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6-Unit Workforce Housing in Central San Diego 4154-4158 Estrella Ave 6 Unit Apartment Building $2,050,000 ($341,667/Unit) San Diego, CA 92105

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INVESTMENT HIGHLIGHTS

Unit Mix: (1) 2+1, (3) 1+1, (2) Studio
Tenants are walking distance to University Ave and El Cajon Blvd, both lined with restaurants, shops, and services.

6 Total Parking; (2) Surface & (2) Tandem Spaces

EXECUTIVE SUMMARY

4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105
Lee & Associates San Diego Multifamily Group, Eric von Bluecher and Ivan Del Muro-Garcia, are pleased to present 4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105, a 6-unit multifamily investment consisting of three buildings totaling of approximately 3,011 square feet constructed in 1950 on a 6,291square foot lot. The unit mix consists of (1) 2+1, (3) 1+1, (2) Studio and six parking spaces. Situated in Colina Del Sol on a well-kept street with other upgraded multifamily properties. Tenants are across from Ibarra Elementary and within walking distance to University Ave and El Cajon Blvd, both lined with restaurants, shops, and services.
4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105 is included in a portfolio of seven, workforce housing, multifamily real estate investments totaling 39 units, located in South and Central San Diego County: Spring Valley, San Diego, Chula Vista and National City.
Visit the following address for more information on each property.
1313-19 E 9TH STREET, NATIONAL CITY, CA 91950 – 4 units
1121 E 6TH STREET, NATIONAL CITY, CA 91950 – 7 units
4154-58 ESTRELLA AVE, SAN DIEGO, CA 92105 - 6 units
9924-34 BUENA VISTA AVE, SPRING VALLEY, CA 91977 - 7 units
1704-12 B AVE, NATIONAL CITY, CA 91950 - 5 units
3753-59 N 42ND ST, SAN DIEGO, CA 92105 – 5 units
678 JEFFERSON AVE, CHULA VISTA, CA 91910 – 5 units
The offering can be sold together or separate.
Please do not walk on the property or talk to the tenants, ownership or management without Listing Agents approval.
Contact for more information:
Eric von Bluecher D 760.929.7846 or evb@lee-associates.com
Ivan Del Muro-Garcia D 760.448.2451 or idmg@lee-associates.com

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL	ANNUAL PER SF
Gross Rental Income	-	-
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$128,144	$42.56
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$57,801	$19.20
Net Operating Income	$70,343	$23.36

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual	-
Annual Per SF	-

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$128,144
Annual Per SF	$42.56

Taxes
Annual	-
Annual Per SF	-

Operating Expenses
Annual	-
Annual Per SF	-

Total Expenses
Annual	$57,801
Annual Per SF	$19.20

Net Operating Income
Annual	$70,343
Annual Per SF	$23.36

PROPERTY FACTS

Price	$2,050,000	Building Class	C
Price Per Unit	$341,667	Lot Size	0.14 AC
Sale Type	Investment	Building Size	3,011 SF
No. Units	6	No. Stories	1
Property Type	Multifamily	Year Built	1950
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	R4 - Buyer to verify

Price	$2,050,000
Price Per Unit	$341,667
Sale Type	Investment
No. Units	6
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.14 AC
Building Size	3,011 SF
No. Stories	1
Year Built	1950
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	R4 - Buyer to verify