4086 National Ave , San Diego, CA 92113
$1,250,000
Est. Payment: $6,818.37/mo
3 Bed
2 Bath
4876 Sqft
0.23 Acres
Status: Active | Days on site: 1
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House Description

4086-98 National Ave presents a huge value-add opportunity to acquire 9 units in San Diego at an exceptional cost basis. Offered at $1,250,000, the property is priced at just $138,889 per unit, significantly below prevailing price-per-unit levels for comparable multifamily properties. This low acquisition basis provides investors with significant upside to complete a comprehensive renovation and reposition the asset for long-term cash flow and appreciation. This will need to be a cash or private financing only sale! The property consists of eight (8) one-bedroom/one-bathroom units and one (1) detached two-bedroom/one-bathroom house. All units are single-story, providing convenient access and an efficient, low-density residential layout. The property is individually metered for gas and electricity and offers a single-car garage, an oversized approximately 1.5-car-wide garage, and four additional off-street parking spaces. The asset currently exhibits substantial deferred maintenance and rents well below prevailing market levels, creating significant upside through a full interior and exterior renovation program. Post renovation and stabilization projects $216,780 GSI and $148,311 NOI, resulting in an 11.86% pro forma cap rate, excluding renovation costs. Additional revenue potential includes garage and parking income, laundry income, and the implementation of a water and trash reimbursement program. Located in San Diego's 92113 submarket, the property offers convenient access to San Diego Bay, Coronado Island, Downtown San Diego, Barrio Logan, Naval Base San Diego, major employment centers, and the broader South Bay. Connectivity to I-5, I-15, and SR-94 provides residents with efficient access throughout the county.

Highlights

Listed by Maxwell Brown , 925-872-6746 Commercial Asset Advisors , 858-360-3000. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.23

Year Built

1946

County

San Diego

Area

92113 - Logan Heights

Listing ID

PTP2607421

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:3
  • ▪ Bathrooms:2

Exterior Features

Lot:21-25 Units/Acre,No Land Lease
Garage Capacity:6
Zoning:RM-2-5
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Principal Interest
$6,818
Taxes
$797

Home Price

$1,250,000

Loan Details

30 yrs
7.245%

Down Payment

20%
$250,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$6,818.37

Principal

Taxes

Principal Taxes HOA Total
Monthly $6,818.37 $796.88 $0.00 $7,615.25
Yearly $81,820.46 $9,562.50 $0.00 $91,382.96
Total $2,454,613.83 $286,875.00 $0.00 $2,741,488.83

Today's Rates

30 Year

7.25%

20 Year

7.27%

15 Year

6.6%

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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-10-05T03:13:44.000Z

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