San Diego, CA 92116 4659-61 Florida Street

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Presented By: NorthMarq Multifamily;
  • San Diego Regional MLS (SDMLS) - 32 - CA
  • MLS# 250024816
  • 04/17/2025
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 2
  • Baths • 3
  • SQFT • 5,905

Home Details

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 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.
Presented By: NorthMarq Multifamily;

Interior Features for 4659-61 Florida Street

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Basement[]
Common Walls[]
Fireplace Features[]
Fireplace Y/NNo
Flooring[]
Heating Y/NNo
Interior Amenities[]
Laundry Features[]
Window Features[]

Other Rooms

Room Type[]

General for 4659-61 Florida Street

Accessibility[]
Appliances[]
Architectural Style[]
Association Amenities[]
Association Fee Includes[]
Attached Garage No
Body Type[]
Building Area UnitsSqft
Business Type[]
Buyer Financing[]
Cap Rate5.25
CitySan Diego
Community Features[]
Construction Materials[]
Cooling[]
CountySan Diego
Current Use[]
Disclosures[]
Electric[]
FinancialDataSource[]
FreeholdIDX
Green Building Verification Type[]
HOANo
Heating[]
Lease Type[]
Levels[]
Living Area UnitsSqft
Lot Size UnitsAcres
MLS AreaMetro Uptown
ModificationTimestamp2025-06-05T19:11:28Z
New ConstructionNo
Number Of Units Total13
Operating Expense104376.0
Other Structures[]
Patio/Porch Features[]
Pets Allowed[]
Pool Features[]
Possession[]
Possible Use[]
Property Attached Y/NNo
Property Condition[]
Property SubtypeCom-Res Income
Property TypeResidential Income
Rent Includes[]
Roof[]
Security Features[]
Senior Community Y/NNo
Sewer[]
Spa Features[]
Standard StatusActive
StatusACTIVE
Stories3
Structure Type[]
Tenant Pays[]
Total Actual Rent29951.0
Utilities[]
View[]
Virtual TourClick here
Year Built0

Exterior for 4659-61 Florida Street

Building Area Total5905.0
Exterior Amenities[]
Fencing[]
Foundation Details[]
Frontage Type[]
Lot Features[]
Lot Size Area0.0
Number of Buildings2
Other Equipment[]
Parking Features[]
Skirt[]
Total Parking3.0
Water Source[]
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $4,650,000
MLS#250024816
List Date 04/17/2025
Property Type Multi-Family
Phone 714.742.6515
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