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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.

Property Facts

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
Moderately walkable
70/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
440-401-29
Land Assessment
$1,220,018 CAD
Improvements Assessment
$393,499 CAD
Total Assessment
$1,613,517 CAD
  • Listing ID: 40249140

  • Date on Market: 2026-04-22

  • Last Updated:

  • Address: 4774 Wilson Ave, San Diego, CA 92116

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