Properties
San Diego, CA 92105 4035 Highland Ave
$1,650,000
Pending
11 more
Presented By: Kenneth Herskind with Top Gun CRE; kenh@topguncre.com
Baths • 1
SQFT • 5,228
Garage • 4
Home Details
We are pleased to present the exclusive opportunity to acquire Highland Ave, an 8-unit multifamily property located in San Diego, CA 92105. Situated in the City Heights submarket. The property consists of a two-story apartment building featuring a desirable unit mix of three (3) 2-bedroom / 1-bathroom units and five (5) 1-bedroom / 1-bathroom units. The asset remains largely in original condition, with seven (7) units unrenovated and one (1) 2-bedroom / 1-bathroom unit renovated in 2025. The property includes eight (8) off-street parking spaces, comprised of four (4) garages and four (4) surface spaces, a notable amenity for the area. Additional features include a shared on-site laundry room. The roof was updated approximately 10+ years ago, and a new water heater was installed in 2024.
Presented By: Kenneth Herskind with Top Gun CRE; kenh@topguncre.com
Interior Features for 4035 Highland Ave
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
Common Walls2+ Common Walls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 4035 Highland Ave
Cap Rate4.35
CitySan Diego
Community FeaturesCurbs, Sidewalks, Urban
CountySan Diego
DirectionsGoogle Maps
Electric Expense1527
Entry LocationGate
Fuel Expense1527
Garage Spaces4
Garage Y/NYes
Gross Income138000
HOANo
HOA Fee$
Insurance Expense5296
Land Lease Y/NNo
Listing TermsCash, Cash to New Loan, Conventional, 1031 Exchange
Lot Size Square Feet6253
Lot Size UnitsSquare Feet
MLS Area92105 - East San Diego
Net Operating Income71845
New ConstructionNo
Number Of Units Total8
Number of Units Leased8
Open Parking Spaces4
Operating Expense62051
Pool FeaturesNone
PostalCitySAN DIEGO
Property Attached Y/NYes
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot471-471-33-00
Taxes$20,708
Total Actual Rent11400
Trash Expense6000
Virtual TourClick here
Water Sewer Expense8171
Year Built1970
Year Built SourceEstimated
ZoningCUPD-CT-5-4
Exterior for 4035 Highland Ave
Building Area Total5228
Lot FeaturesLevel, Near Public Transit
Lot Size Acres0.1435
Lot Size Area6253
Lot Size SourceEstimated
Number of Buildings1
Number of Separate Electric Meters9
Number of Separate Gas Meters9
Number of Separate Water Meters1
Private PoolNo
SpaNo
Total Parking8
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
