Listing provided courtesy of Michael Conger of Commercial Asset Advisors. Last updated . Listing information © 2025 Sandicor.
Asking Price: $3,960,000 | Active
5406 Imperial Ave, San Diego CA 92114
Community: Lincoln Park
This ResidentialIncome property was built in and is priced at $3,960,000. Please see the additional details below.
Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.