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4263 Chamoune Ave 2 Unit Apartment Building $950,000 ($475,000/Unit) San Diego, CA 92115
Investment Highlights
- Two Homes on One Lot
- Close Proximity to Public Transportation
- Approved Plans for 4-Units in Rear
Executive Summary
Starker West is pleased to present 4263 Chamoune Avenue, a value-add and development opportunity located off of El Calon Blvd in the City Heights neighborhood of San Diego. The property consists of two homes on one lot, including a 4-bedroom, 2-bathroom front house and a 1-bedroom, 1-bathroom rear unit, along with a double-car garage, single-car garage, and additional surface parking. The existing improvements provide in-place income with upside through renovation or redevelopment.
The offering includes approved plans to construct a four-unit apartment building at the rear of the lot, replacing the existing rear structure and garages. The 7,507 square foot lot features alley access, allowing for efficient site design and parking layout. Please contact the listing broker to request plans.
The offering includes approved plans to construct a four-unit apartment building at the rear of the lot, replacing the existing rear structure and garages. The 7,507 square foot lot features alley access, allowing for efficient site design and parking layout. Please contact the listing broker to request plans.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| 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 (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 | $950,000 | Lot Size | 0.17 AC |
| Price Per Unit | $475,000 | Building Size | 2,022 SF |
| Sale Type | Investment | Average Occupancy | 100% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2000 |
| Property Subtype | Apartment | Parking Ratio | 1.98/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Price | $950,000 |
| Price Per Unit | $475,000 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.17 AC |
| Building Size | 2,022 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2000 |
| Parking Ratio | 1.98/1,000 SF |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | $1,579 | - |
| 4+2 | 1 | $4,220 | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 471-252-05 | Total Assessment | $416,782 |
| Land Assessment | $232,908 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $183,874 | Tax Year | 2025 |
Property Taxes
Parcel Number
471-252-05
Land Assessment
$232,908
Improvements Assessment
$183,874
Total Assessment
$416,782
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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4263 Chamoune Ave
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