$2,792,000

4522 Oregon Street, San Diego CA, 92116

Price per sqft$452.88

Built in1972

Property size6,165 sqft

Property typeCommercial

Overview

Active

Listed Apr 20, 2026

Updated 5 days ago

PRICE REDUCED! Bring all offers! We are pleased to present Sundance Apartments, a 9-unit multifamily property in San Diego’s desirable and highly walkable University Heights neighborhood, located just 1.5 blocks from Adams Avenue. Built in 1972, the gated property features (6) 1BR/1BA and (3) 2BR/1BA units, select private patios/balconies, common area patio area with mature landscaping, on-site laundry, and 9 off-street parking spaces. Well-maintained with stable in-place income (5.12% current cap rate), the asset offers value-add upside through renovations or operational NOI improvements. All new unit electric subpanels were completed in 2025. One 2BR unit is currently for lease, providing an immediate renovation/lease-up opportunity. Ideally located just 1.5 blocks south from Adams Avenue—home to vibrant dining, retail, and entertainment—the property benefits from strong tenant demand and excellent proximity to major freeways and neighborhood amenities.

Listed by Max Delbecq, Top Gun CRE, CA DRE 01964069

Listing Contact: [email protected]

Based on information from the CRISNet MLS as of 10/6/2026, 4:02 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.