Price Reduced Listing
$3,540,000
( )
 $19,003 est/mo Sourced by Back At You

4080 Georgia Street,San Diego, CA 92103

San Diego, CA 92103

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Description

4080 Georgia Street presents the rare opportunity to acquire a well-maintained 9-unit apartment community in the heart of Hillcrest, one of San Diego's most dynamic and consistently desirable rental markets. Constructed in 1987, the property features an attractive unit mix of six one-bedroom/one-bathroom apartments and three spacious three-bedroom/one-bathroom apartments, offering broad appeal to a diverse tenant base. The property has been exceptionally cared for and includes numerous amenities that enhance tenant satisfaction, including gated entry, on-site laundry facilities, ample off-street parking with one dedicated space per unit, and two oversized two-car garages that provide additional parking, storage, or potential supplemental income. Importantly, the Seller has implemented a strong RUBS (Ratio Utility Billing) System, allowing for reimbursement of most utilities and contract services, improving operational efficiency and supporting more predictable net operating income. Built in 1987, the property benefits from relatively newer construction compared to much of the surrounding inventory, resulting in modern building systems and mechanical components with significant remaining service life. Combined with its excellent physical condition, this translates into lower anticipated maintenance and capital expenditures for future ownership. From an investment perspective, the property offers an outstanding opportunity to increase revenue through moderate rental adjustments while maintaining strong occupancy in one of San Diego's most supply-constrained neighborhoods.

Details

MLS #260016439SD
Listing TypeFor Sale
StyleMixeduse
Sub-TypeResale
StatusActive
Days On Site57
Listing Provided ByThe Browar Group | Josh Browar

Features

Units9
Building(s)1

Interior

Heating Yes / NoNo
Cooling Yes / NoYes

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92103
Area92103 Mission Hills
Listing VS Median (in 92103)
Price:
$3,540,000
low | high
Med:
$2,037,500
92.443502824859% of Average
On site:
57
low | high
Med:
157.5
36.190476190476% of Average
Sourced by Back At You

Market Activity 92103

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Additional Information

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Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountySan Diego
CitySan Diego
Zip Code92103
Area92103 Mission Hills
Listing VS Median (in 92103)
Price:
$3,540,000
low | high
Med:
$2,037,500
92.443502824859% of Average
On site:
57
low | high
Med:
157.5
36.190476190476% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $2.655M - $4.425M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
4044 Georgia Property Photo 1
$2,425,000
4044 Georgia
San Diego, CA 92103
Listing Updated: August 25, 2026 at 10:03:51 AM PDT