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4262-4266 Chamoune Avenue presents an opportunity to acquire a five-unit multifamily property in San Diego's City Heights neighborhood. Built in 1958, the property consists of approximately 3,138 square feet of improvements situated on a 6,258-square-foot lot. Originally a four-unit property, a former garage was converted into an ADU, creating the current five-unit configuration. The property features a highly desirable and diversified unit mix consisting of a three-bedroom/two-bath detached house, three one-bedroom/one-bath units, and one studio. The property offers a low-density residential setting with multiple structures, off-street parking, substantial paved common areas, private and semi-private outdoor spaces, and on-site laundry. The configuration provides residents with a more residential feel than a typical apartment building. The property is currently generating approximately $9,101 per month in base rental income, with additional RUBS income of approximately $256 per month. Current rents provide an investor with solid in-place cash flow while offering additional upside through future rent increases and property improvements. With its desirable unit mix, strong current income, off-street parking and value-add potential, 4262-4266 Chamoune Avenue represents an attractive opportunity for an investor seeking a well-located San Diego multifamily asset with both immediate income and long-term upside.
Property Type(s):
Commercial
| Last Updated | 8/10/2026 | Year Built | 0 |
|---|---|---|---|
| Community | 92115 - San Diego | County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | 92115 - San Diego |
| HEAT | None |
| LOT | 6260 sq ft |
| LOT DIMENSIONS | 6258 |
Location
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Listed with MD Real Estate, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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