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3409--3421 5th Ave 6 Unit Apartment Building $3,145,091 CAD ($524,182 CAD/Unit) San Diego, CA 92103
Investment Highlights
- Prime Hillcrest location just steps from Balboa Park
Executive Summary
Classic 6-unit apartment building in San Diego's prime Hillcrest/Uptown submarket - offering excellent visibility along a high-traffic corridor, just steps from Balboa Park. Ideally situated in one of San Diego's most vibrant and walkable neighborhoods, with consistent demand and close proximity to shops, restaurants, residential developments, and transit. The building consists of approx 4148 SF, with two studios, two 1 BD/1 BA, and two 2 BD/2 BA. Lot consists of approx 5050 SF. Zoned for commercial use with potential for rental income growth or future redevelopment, including maximizing Complete Communities incentives. Convenient access to I-5, I-163, I-8, and Downtown San Diego. A rare investment opportunity in one of San Diego’s most active urban markets.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,145,091 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $524,182 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Sale Condition | 1031 Exchange | Building Size | 4,150 SF |
| No. Units | 6 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1915 |
| Zoning | CC3-9 - Allows high-intensity, urban multi-tenant development with retail, service, office, and mixed-use configurations. The zone supports higher density. | ||
| Price | $3,145,091 CAD |
| Price Per Unit | $524,182 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,150 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1915 |
| Zoning | CC3-9 - Allows high-intensity, urban multi-tenant development with retail, service, office, and mixed-use configurations. The zone supports higher density. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 2 | $3,186 CAD | - |
| 1+1 | 2 | $2,158 CAD | - |
| Studios | 2 | $1,915 CAD | - |
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Exceptionally walkable
90/100
Very drivable
80/100
Good public transit
60/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 452-555-05 | Improvements Assessment | $803,109 CAD |
| Land Assessment | $1,921,253 CAD | Total Assessment | $2,724,362 CAD |
Property Taxes
Parcel Number
452-555-05
Land Assessment
$1,921,253 CAD
Improvements Assessment
$803,109 CAD
Total Assessment
$2,724,362 CAD
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3409--3421 5th Ave
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