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Matthews is pleased to exclusively present a well-maintained 4-Unit property in Valencia Park. 5388 Imperial Ave is a four-unit multifamily property built in 1973 on a ±4,428 SF lot in the Valencia Park neighborhood of Southeast San Diego. The building spans ±3,290 gross square feet across a uniform unit mix of four 2-bedroom/1-bathroom units averaging ±800 SF each, giving the asset a consistent, easy-to-manage floor plan and a tenant base with similar space needs. The property also shares a coin operated common laundry room generating significant added income. Zoned RM-3-7 for multifamily residential use, the property sits on a fenced, gated lot with a private courtyard, 5 dedicated off-street parking for residents, and a stone-and-stucco exterior consistent with the surrounding streetscape. Its location places it within walking distance of Imperial Avenue retail and transit corridor, offering tenants convenient access to bus service and nearby daily amenities while remaining close to Downtown San Diego, National City, and the broader Southeast San Diego employment base. The combination of small, efficient units, low per-unit operating costs, and a below-market in-place rent roll positions the property as a straightforward value-add opportunity for a buyer looking to bring rents to the area's prevailing market levels over time.
Property Type(s):
Residential Income
| Last Updated | 10/15/2026 | Tract | Encanto |
|---|---|---|---|
| Year Built | 1973 | Community | 92114 - Encanto |
| County | San Diego |
Additional Details
| AIR | None |
|---|---|
| AREA | 92114 - Encanto |
| LOT | 4430 sq ft |
| LOT DIMENSIONS | 4428 |
| STORIES | 2 |
| SUBDIVISION | Encanto |
Location
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Listed with Daniel W. Withers
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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