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.
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
Est.:
Multi Family
Built in 1973
-- sqft lot
$3,844,500 Zestimate®
$401/sqft
$-- HOA
What's special
- 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#: PTP2504104
Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)

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Tour with a buyer's agent
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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