4659-61 Florida Street is a 13-unit apartment property located across the street from Old Trolley Barn Park and Adams Avenue in San Diego’s University Heights neighborhood. The front 2 bedroom / 2-bathroom house with a private yard was renovated to the studs with new plumbing, electrical, roof and foundation. The… Read More rear, 3-story walk-up apartment complex includes 12 well laid-out studios built in 2025 with in-unit washer/dryer and dishwashers as well as large windows. One studio has a private yard, and 4 studios have private balconies. RUBS is in place for water, sewer and trash. The house features gas appliances while the new construction units are all-electric. At the rear of the property, there are 3 parking spaces. One is allocated for the house and the other two are rented for additional income. The property is situated adjacent to Trolley Barn Park and Adams Ave which has ample street parking and is two blocks from the shops, restaurants, and nightlife on Park Boulevard. Old Trolley Barn Park is located on the north side of Adams Avenue in University Heights, directly north of Florida Street. Formerly a trolley barn site it is now a park with a historical designation. It features a playground, picnic areas with grills, open spaces and views of Mission Valley. There are summer concerts on Friday evenings. Read Less
Property listed by NorthMarq Multifamily, Benn Vogelsang 858-675-7865
Listing Snapshot
Days Online
64
Last Updated
Property Type
Mixed Use
Lot Size
0.18 Acres
MLS Number
250024816SD
30 Days Snapshot Of 92116
$1.26M
+9%
(avg) sold price
26
+136%
homes sold
67
+34%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
2 buildings
Expenses
Operating expense: $104,376
Income
Net operating income: $242,409
Lot
0.1801 acres, 7,845 square feet, Size: 7,845
Parking
3 totals parking
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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