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Investment Highlights

  • 60% Upside in Rental Income
  • Off Street Parking
  • Private Court Yard
  • (8)Single Level Units
  • Onside Laundry Room

Executive Summary

**8-UNIT SINGLE-LEVEL APARTMENT COMPLEX ($225K/DOOR)** Featuring (8) 1BR/1BA units on a large 9,828 SF lot—each with its own small back patio and several already renovated. The property includes a private courtyard, onsite laundry, and (7) off-street parking spaces. More than 60% rent upside is achievable with minimal improvements, and the asset sits among the lowest price-per-door offerings currently available. **Financials reflect proforma rents**
Tour Schedule:
Currently have a tour set up between 11AM-1PM Wednesday 29th. Contact us to make arrangements or stop by.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $250,562 $57.84
Other Income $1,693 $0.39
Vacancy Loss $7,568 $1.75
Effective Gross Income $244,687 $56.48
Taxes $31,773 $7.33
Operating Expenses $46,800 $10.80
Total Expenses $78,573 $18.14
Net Operating Income $166,114 $38.35

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $250,562
Annual Per SF $57.84
Other Income (CAD)
Annual $1,693
Annual Per SF $0.39
Vacancy Loss (CAD)
Annual $7,568
Annual Per SF $1.75
Effective Gross Income (CAD)
Annual $244,687
Annual Per SF $56.48
Taxes (CAD)
Annual $31,773
Annual Per SF $7.33
Operating Expenses (CAD)
Annual $46,800
Annual Per SF $10.80
Total Expenses (CAD)
Annual $78,573
Annual Per SF $18.14
Net Operating Income (CAD)
Annual $166,114
Annual Per SF $38.35

Property Facts

Price $2,539,476 CAD
Price Per Unit $317,435 CAD
Sale Type Investment
Cap Rate 6.54%
Gross Rent Multiplier 10.07
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.22 AC
Building Size 4,200 SF
No. Stories 1
Year Built 1950
Parking Ratio 1.43/1,000 SF
Zoning CUPD-CU-3-7

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 $2,539 CAD 525
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
476-280-04
Land Assessment
$378,046 CAD
Improvements Assessment
$326,736 CAD
Total Assessment
$704,782 CAD
Annual Taxes
$31,773 CAD ($7.57 CAD/SF)
Tax Year
2026
  • Listing ID: 41465675

  • Date on Market: 2026-07-28

  • Last Updated:

  • Address: 4343-4353 Poplar St, San Diego, CA 92105

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