4424 Mississippi St 21 Unit Apartment Building $13,798,449 CAD ($657,069 CAD/Unit) San Diego, CA 92116

CBRE is pleased to offer for sale 4424 Mississippi Street, a newly renovated 21-unit residential community perfectly appointed to attract the highest quality tenants in the market. The comprehensive renovation completed in 2025 includes building exterior, interior and major systems. Unit interiors feature state of the art kitchens with wood shaker cabinets, quartz countertops, high end matte black fixtures, and 5-piece stainless steel appliance packages with GE washer/dryers, dishwasher, refrigerator, gas range and microwave. The units are also appointed with new wood vinal plank flooring, A/C’s (12,000 BTU’s), modern ceiling fans and bathrooms with tile shower enclosures and vanities matching the modern décor of the kitchens. Exterior renovations include new windows, stucco repairs, exterior paint, plumbing, and electrical. Plumbing work includes all new supply lines from the street water meter. The electrical improvements include wiring throughout the units and a power upgrade from 100 amps to 600 amps with all new meters from SDG&E.
Originally built in 1970 (Renovated 2025), the property features two-story construction around an expansive center courtyard with secured gated access to create the ideal living environment. The improvements are sprawled out over a 13,952 SF lot with abundant off-street parking for tenants’ convenience. The unit mix consists of spacious open concept two-bedroom and one-bedroom floor plans, with one studio. University Heights is one of Central San Diego’s most sought-after housing markets, a favorite among young professionals and families. The property is steps away from some of the county’s best restaurants, entertainment, shopping, employment, and transportation. The community features numerous convenient thoroughfares, allowing easy access to Balboa Park, Downtown and Mission Valley, along with interstates 5, 8, 15, 805 and Highway 163. University Heights is ideal for real estate investment.