4774 Wilson Ave 4 Unit Apartment Building $1,995,000 ($498,750/Unit) 4.50% Cap Rate San Diego, CA 92116

Rare four-unit offering in the heart of Normal Heights, just north of Adams Avenue. The property features a thoughtful mix of unit types that appeals to a wide tenant pool. The front of the lot is anchored by a 1,000 SF standalone 2BR/1BA single-family home with a nicely landscaped yard, paired with a detached, newly built 530 SF 1BR/1BA ADU. A separate two-story building at the rear holds two 700 SF 2BR/1BA units that open onto a spacious shared courtyard.
Parking is a standout, with an extended driveway and two covered spaces accessed from the alley. Every unit has been taken down to condo-quality standards in a recent renovation, including refinished hardwood and tile floors, new countertops, new appliances, tankless water heaters, and updated interior doors. In-unit washers and dryers are a welcome bonus across all four units.
Located in one of Mid-City San Diego's most walkable and sought-after neighborhoods, this is a turnkey asset in an area where quality product rarely comes to market.