Brokerage
Brokerage
4035 Highland Ave
4035 Highland Ave, San Diego, CA 92105, USA
Active
$1,650,000
8 Value-Add Units in City Heights




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.
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