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4774 Wilson Ave 4 Unit Apartment Building $2,732,571 CAD ($683,143 CAD/Unit) 4.50% Cap Rate San Diego, CA 92116



Investment Highlights
- Rare North of Adams Ave Location
- In Unit Laundry, Plenty of Parking
- Fully Renovated
- Standalone Home with Ideal Unit Mix across Units
Executive Summary
Rare four-unit offering in the heart of Normal Heights, just north of Adams Avenue. The property features a thoughtful mix of unit types that appeals to a wide tenant pool. The front of the lot is anchored by a 1,000 SF standalone 2BR/1BA single-family home with a nicely landscaped yard, paired with a detached, newly built 530 SF 1BR/1BA ADU. A separate two-story building at the rear holds two 700 SF 2BR/1BA units that open onto a spacious shared courtyard.
Parking is a standout, with an extended driveway and two covered spaces accessed from the alley. Every unit has been taken down to condo-quality standards in a recent renovation, including refinished hardwood and tile floors, new countertops, new appliances, tankless water heaters, and updated interior doors. In-unit washers and dryers are a welcome bonus across all four units.
Located in one of Mid-City San Diego's most walkable and sought-after neighborhoods, this is a turnkey asset in an area where quality product rarely comes to market.
Parking is a standout, with an extended driveway and two covered spaces accessed from the alley. Every unit has been taken down to condo-quality standards in a recent renovation, including refinished hardwood and tile floors, new countertops, new appliances, tankless water heaters, and updated interior doors. In-unit washers and dryers are a welcome bonus across all four units.
Located in one of Mid-City San Diego's most walkable and sought-after neighborhoods, this is a turnkey asset in an area where quality product rarely comes to market.
Property Facts
| Price | $2,732,571 CAD | Apartment Style | Garden |
| Price Per Unit | $683,143 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 4.50% | Building Size | 2,926 SF |
| Gross Rent Multiplier | 15.7 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1942/2024 |
| Property Subtype | Apartment | Parking Ratio | 1.71/1,000 SF |
| Zoning | RM-1-1 | ||
| Price | $2,732,571 CAD |
| Price Per Unit | $683,143 CAD |
| Sale Type | Investment |
| Cap Rate | 4.50% |
| Gross Rent Multiplier | 15.7 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,926 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1942/2024 |
| Parking Ratio | 1.71/1,000 SF |
| Zoning | RM-1-1 |
Amenities
Site Amenities
- Courtyard
- Fenced Lot
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $4,452 CAD | 1,000 |
| 2+1 | 2 | $3,424 CAD | 700 |
| 1+1 | 1 | $3,013 CAD | 500 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 440-401-29 | Improvements Assessment | $393,499 CAD |
| Land Assessment | $1,220,018 CAD | Total Assessment | $1,613,517 CAD |
Property Taxes
Parcel Number
440-401-29
Land Assessment
$1,220,018 CAD
Improvements Assessment
$393,499 CAD
Total Assessment
$1,613,517 CAD
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4774 Wilson Ave
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