Log In/Sign Up
Your email has been sent.
8-UNIT SINGLE LEVEL APARTMENT COMPLEX 4343-4353 Poplar St 8 Unit Apartment Building $1,800,000 ($225,000/Unit) 6.54% Cap Rate San Diego, CA 92105
Investment Highlights
- 60% Upside in Rental Income
- Off Street Parking
- Private Court Yard
- (8)Single Level Units
- Onside Laundry Room
Executive Summary
**8-UNIT SINGLE-LEVEL APARTMENT COMPLEX ($225K/DOOR)** Featuring (8) 1BR/1BA units on a large 9,828 SF lot—each with its own small back patio and several already renovated. The property includes a private courtyard, onsite laundry, and (7) off-street parking spaces. More than 60% rent upside is achievable with minimal improvements, and the asset sits among the lowest price-per-door offerings currently available. **Financials reflect proforma rents**
Tour Schedule:
Currently have a tour set up between 11AM-1PM Wednesday 29th. Contact us to make arrangements or stop by.
Tour Schedule:
Currently have a tour set up between 11AM-1PM Wednesday 29th. Contact us to make arrangements or stop by.
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$177,600
|
$41.00
|
| Other Income |
$1,200
|
$0.28
|
| Vacancy Loss |
$5,364
|
$1.24
|
| Effective Gross Income |
$173,436
|
$40.04
|
| Taxes |
$22,521
|
$5.20
|
| Operating Expenses |
$33,172
|
$7.66
|
| Total Expenses |
$55,693
|
$12.86
|
| Net Operating Income |
$117,743
|
$27.18
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $177,600 |
| Annual Per SF | $41.00 |
| Other Income | |
|---|---|
| Annual | $1,200 |
| Annual Per SF | $0.28 |
| Vacancy Loss | |
|---|---|
| Annual | $5,364 |
| Annual Per SF | $1.24 |
| Effective Gross Income | |
|---|---|
| Annual | $173,436 |
| Annual Per SF | $40.04 |
| Taxes | |
|---|---|
| Annual | $22,521 |
| Annual Per SF | $5.20 |
| Operating Expenses | |
|---|---|
| Annual | $33,172 |
| Annual Per SF | $7.66 |
| Total Expenses | |
|---|---|
| Annual | $55,693 |
| Annual Per SF | $12.86 |
| Net Operating Income | |
|---|---|
| Annual | $117,743 |
| Annual Per SF | $27.18 |
Property Facts
| Price | $1,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $225,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.22 AC |
| Cap Rate | 6.54% | Building Size | 4,200 SF |
| Gross Rent Multiplier | 10.07 | No. Stories | 1 |
| No. Units | 8 | Year Built | 1950 |
| Property Type | Multifamily | Parking Ratio | 1.43/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | CUPD-CU-3-7 | ||
| Price | $1,800,000 |
| Price Per Unit | $225,000 |
| Sale Type | Investment |
| Cap Rate | 6.54% |
| Gross Rent Multiplier | 10.07 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.22 AC |
| Building Size | 4,200 SF |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | CUPD-CU-3-7 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,800 | 525 |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 476-280-04 | Total Assessment | $499,555 |
| Land Assessment | $267,962 | Annual Taxes | $22,521 ($5.36/SF) |
| Improvements Assessment | $231,593 | Tax Year | 2026 |
Property Taxes
Parcel Number
476-280-04
Land Assessment
$267,962
Improvements Assessment
$231,593
Total Assessment
$499,555
Annual Taxes
$22,521 ($5.36/SF)
Tax Year
2026
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
8-UNIT SINGLE LEVEL APARTMENT COMPLEX | 4343-4353 Poplar St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.