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4435 Estrella Ave 6 Unit Apartment Building $1,950,000 ($325,000/Unit) 5.13% Cap Rate San Diego, CA 92115

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INVESTMENT HIGHLIGHTS

  • Attractive Unit Mix of one- and two-bedroom units
  • Upgraded investment opportunity with strong in-place rents
  • Prime central San Diego Location in Talmadge
  • Desirable 1986 vintage
  • Abundant off-street parking for tenants (11 total spaces)
  • Walkable urban lifestyle – Boasting a Walk Score of 91

EXECUTIVE SUMMARY

We are proud to present 4435 Estrella Avenue, an upgraded six-unit multifamily property in the heart of Talmadge, San Diego. Built in 1986, the property offers a highly desirable mix of apartment homes: one (1) one-bedroom/one-bathroom unit (600 SF), four (4) two-bedroom/two-bathroom units (850 SF each), and one (1) two-bedroom/two-bathroom unit (950 SF), providing spacious, modern layouts for a variety of tenants.
Inside each residence, bright, open living spaces feature stunning flooring and designer paint, while updated kitchens showcase granite countertops, warm wood cabinetry, and matching tile flooring. Bedrooms are generously sized with contemporary light fixtures and faux wood blinds, and hallways offer ample storage for a clutter-free home. Residents also enjoy onsite laundry, a full suite of appliances, and air conditioning.
Located on a quiet neighborhood in the Talmadge, 4435 Estrella Avenue combines stable in-place income with potential for value-add improvements. The property is ideally positioned near San Diego State University, Mission Valley, Kensington, and major employment hubs, with convenient access to shopping, dining, entertainment, and highways 8 and 94. This is an exceptional opportunity to acquire a high-performing multifamily asset in a sought-after central San Diego neighborhood.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $1,950,000
Price Per Unit $325,000
Sale Type Investment
Cap Rate 5.13%
Gross Rent Multiplier 12.46
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.14 AC
Building Size 6,098 SF
No. Stories 2
Year Built 1986
Opportunity Zone Yes
Zoning R3

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 1 $1,825 600
2+2 5 $2,465 850 - 950
Walk Score®
Walker's Paradise (91)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
471-201-03
Land Assessment
$270,540
Improvements Assessment
$443,705
Total Assessment
$714,245
  • Listing ID: 38627181

  • Date on Market: 12/2/2025

  • Last Updated:

  • Address: 4435 Estrella Ave, San Diego, CA 92115

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