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5064-5066 Niagara Ave
San Diego, CA 92107

$3,950,000 USD

Apartments For Sale  •  4,073 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,073 SF
  • Lot Size 0.09 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 2.92 %
  • Zoning C
34 Transit Score
93 Walk Score

Highlights

Prime Oceanfront Location
Panoramic Ocean Views from Most Units
Extreme Upside in Rents Through High End Renovations
ADU Potential for One or Two Units Through Garage Conversions
Three Single Garages, One Tandem Parking Spot and Two Surface Spots (7 Total Parking Spaces)

Financial Summary (Actual)

Net Operating Income: $115,333 USD (2024)
Cap Rate: 2.92 %
Total Expenses: $70,117 USD

Public Transportation

Commuter RailDriveWalkDistance
Old Town Transit Center (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 9 min - 4.7 mi
San Diego (Santa Fe Depot) (Coaster - San Diego North County Transit District (Coaster/Sprinter/Breeze)) 12 min - 7.0 mi
AirportDriveWalkDistance
San Diego International 11 min - 5.7 mi
Dylan Wright 619-255-3233 MD Real Estate Inc
Dylan Wright 619-255-3233 MD Real Estate Inc