Listing provided courtesy of James Carter of Apartment Realty Group (ARG). Last updated . Listing information © 2025 Sandicor.
Asking Price: $1,045,000 | Active
3860 45th Street, San Diego CA 92105
Community:
This ResidentialIncome property was built in and is priced at $1,045,000. Please see the additional details below.
5 Units in City Heights. This is the best-priced deal on the market, low $/Unit at only $209K/Unit with a strong in-place 6.32% Cap Rate and 10.44 GRM w/ upside. With many recent upgrades, this offering boasts a strong in-place cap rate with future upside my updating a couple of the units. The unit mix consists of a 2Bedroom/2Bathroom unit, a spacious detached 1Bedroom/1Bathroom house, two 1Bedroom/1Bathroom units that are in a stacked two-story structure in the middle of the property and a smaller 1Bedroom/1Bathroom unit in the rear of the property. ProForma Cap Rate: 7.34% and ProForma GRM: 9.36
