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4035 Highland Ave

4035 Highland Ave, San Diego, CA 92105, USA

Active

$1,650,000

8 Value-Add Units in City Heights

Drone Video

Property Type

Multifamily

Units

8

SqFt

5,228

Price

$1,650,000

Price/Unit

$206,250

Year Built

1970

Market

City Heights

Price/SF

$316

Cap Rate

4.35%

GRM

11.96

Unit Mix

(3) 2/1, (5) 1/1

Property Description

Top Gun CRE, Inc. is pleased to present the exclusive opportunity to acquire 4035
Highland Ave, an 8-unit multifamily property located in San Diego, CA 92105. Situated
in the City Heights submarket. The property consists of a two-story apartment building
featuring a desirable unit mix of three (3) 2-bedroom / 1-bathroom units and five (5) 1-
bedroom / 1-bathroom units.

The asset remains largely in original condition, with seven (7) units unrenovated and
one (1) 2-bedroom / 1-bathroom unit renovated in 2025. The property includes eight
(8) off-street parking spaces, comprised of four (4) garages and four (4) surface
spaces, a notable amenity for the area. Additional features include a shared on-site
laundry room. The roof was updated approximately 10+ years ago, and a new water
heater was installed in 2024.

Contact Agent

Bradley Baczkowski

858.226.1994

DRE # 02231722

Kenneth Herskind

858.699.4013

DRE # 01872460

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Property Details

Property Location

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