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Chateaux Suzanne 4218 46th St 14 Unit Apartment Building $4,307,751 CAD ($307,697 CAD/Unit) 5.38% Cap Rate San Diego, CA 92115

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INVESTMENT HIGHLIGHTS

  • 2025 new roof and solar system, which adds $12,500 to owner's income. Two units with recent updates, others can benefit from a value-add program.

EXECUTIVE SUMMARY

Stabilized value-add opportunity with strong current cash flow and future upside.
Brand new solar system and roof installed in 2025. Solar program managed by Ivy Energy, to the benefit of owner.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
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 $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
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 In Escrow

Price $4,307,751 CAD
Price Per Unit $307,697 CAD
Sale Type Investment
Cap Rate 5.38%
Gross Rent Multiplier 11.23
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.14 AC
Building Size 5,856 SF
No. Stories 2
Year Built 1985
Parking Ratio 0.43/1,000 SF
Opportunity Zone Yes
Zoning R4, San Diego - Multifamily

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Vinyl Flooring
  • Quartz Countertops

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 13 $2,516 CAD 420
Studios 1 $2,036 CAD 400
Walk Score®
Walker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
471-302-13
Land Assessment
$670,557 CAD
Improvements Assessment
$1,341,126 CAD
Total Assessment
$2,011,683 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 37726600

  • Date on Market: 2025-09-18

  • Last Updated:

  • Address: 4218 46th St, San Diego, CA 92115

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