Property Details
Property Name
4069-4077 Goldfinch Street, San Diego
Address
4069 Goldfinch Street, San Diego, CA
Asking Price
9,995,000
Units
21
Building Size
15,620 SF
Property Type
Multifamily
Cap Rate
—
Price Per Unit
$475,952
Status
Active
Broker
South Coast Commercial
Investment Opportunity
4069-4077 Goldfinch Street is a condo-quality 21-unit multifamily community strategically located in the heart of San Diego's highly desirable and walkable Mission Hills neighborhood. Constructed in 1979, the three-story property comprises 15,620 square feet of rentable area on a 20,000 square foot lot made up of two separate parcels. The community offers a mix of one- and two-bedroom layouts averaging 700-900 square feet, along with 31 parking spaces (16 garages and 15 open stalls) — a distinct competitive advantage in this dense infill location. The site is zoned RM-3-7, supporting stable in-place operations while offering investors meaningful optionality for future redevelopment or repositioning.
The property offers a range of tenant amenities, including fireplaces (20 units), private balconies or patios, exterior storage closets, and dishwashers. Residents also benefit from a community laundry facility, elevator access, secured intercom entry, and additional storage. Recent capital improvements include new tile and flat roofs, HVAC units (20 units), re-routed hot water lines, and dual-pane windows. Four community BBQ decks further contribute to resident appeal. With its prime Mission Hills location, favorable unit mix, and well-maintained physical plant, this is a rare opportunity to acquire a condo-quality multifamily asset in one of San Diego's most supply-constrained submarkets.
Why This Property
Strong in-place income
High-demand urban corridor
Rental upside potential
Limited competing inventory
Suitable for 1031 exchange
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