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For sale
  • Listing Provided by: 

    Michael Conger DRE #01381193 team@caacre.com,

    Commercial Asset Advisors

    $3,960,000

    5406-5418 Imperial Ave, San Diego, CA 92114

    --beds
    --baths
    9,870sqft
    : 
    Multi Family
    Built in 1973
    -- sqft lot
    $3,844,500 Zestimate®
    $401/sqft
    $-- HOA

    What's special

    Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.
    54 days
    on Zillow
    |
    93
    |
    3
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 14, 2025 at 05:18am

    Listing Provided by:

    Michael Conger DRE #01381193 team@caacre.com,

    Commercial Asset Advisors

    Source: CRMLS,MLS#: PTP2504104MLS LogoOriginating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 5406-5418 Imperial Ave.

    Next available tour time:Today at 6:30pm

    Facts & features

    Interior

    Appliances
    • Laundry: Common Area
    Features
    • Has fireplace: No
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total structure area: 9,870
    • Total interior livable area: 9,870 sqft

    Property

    Parking
    • Total spaces: 33
    • Uncovered spaces: 33
    Features
    • Entry location: Ground
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: City Lights, Landmark
    Lot
    • Size: 0.27 Acres
    • Features: Near Park, Paved, Rectangular Lot
    Details
    • Additional parcels included: 5480900900; 5480900800
    • Parcel number: 5480901000
    • Zoning: RM-3-7
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Utilities for property: Cable Connected, Electricity Connected, Underground Utilities

    Community & HOA

    Community
    • Features: Curbs, Storm Drain(s), Street Lights, Suburban, Sidewalks, Park
    Location
    • Region: San Diego

    Financial & listing details

    • Price per square foot: $401/sqft
    • Date on market: 6/13/2025
    • Listing terms: Conventional,1031 Exchange
    • Total actual rent: 266796
    • Road surface type: Alley Paved, Paved
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