4659-4661 Florida St Immeuble residentiel 13 lots 4 220 640 € (324 665 €/Lot) Taux de capitalisation 5,05 % San Diego, CA 92116

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.
University Heights is a historic “streetcar suburb” of San Diego located near the central Uptown area. It is bordered on the west by Highway 163, on the north by Mission Valley, on the east by Texas Street, and on the south by Lincoln Street. More than just a place on a map, however, University Heights enjoys a distinct sense of place developed with loving care and pride of place over many years.
Residents and visitors alike enjoy the intimacy, charm, and walkability of the neighborhood, which for many years was a well-kept secret. Today the word is out, and the café’s, restaurants, shops, and markets offer a lively weekend of shopping, dining, and entertainment, a friendly place for morning coffee, or a relaxing afternoon stroll. You will find art, music, theater, and special events as well as jewelers, realtors, hair stylists and more. Our outstanding schools, parks and churches complete the fabric of our community.
As one of the oldest districts in San Diego, University Heights has played an important part in the city's history for over a century. The name resulted from an overly optimistic 1880’s plan to build a southern campus of the University of Southern California. When the boom went bust, the State Normal School was eventually built instead. In time, it was renamed San Diego State University and later moved east. A rich and amusing history gives the community a unique character well worth learning about.
DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS.