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Jenn Smart

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5337 Meade Ave , San Diego, CA 92115
$1,750,000
Est. Payment: $3,888.89/mo
0.21 Acres
Status: active | Days on site: 2
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SAND-992064 - SAND-646040
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House Description

5337-5347 Meade Ave: 6-unit multifamily property in San Diego's 92115 submarket. Two buildings totaling approx. 3,863 SF on a 9,200 SF (0.223 AC) lot, built 1955, two stories, frame/stucco construction with composition shingle gable roofs and open on-site parking. Interior courtyard layout with approx. 1,533 SF of land per unit and a two-building configuration offering flexibility for future repositioning. Located in a Qualified Opportunity Zone; zoned CUPD-CT-2-4. Close to Horace Mann Middle School, the University Ave and El Cajon Blvd commercial corridors, bus lines and approx. 1.9 miles to the SDSU Transit Center (Green Line). Offering memorandum estimates approx. $183,870 EGI and $115,536 NOI, an approx. 6.6% cap rate at the list price. Value-add upside through renovation-driven rent growth. Financial figures are offering memorandum estimates based on San Diego multifamily market conditions, not actual operating history. Building quality recorded as Class C, fair condition. Open parking on site; space count not verified. Tax record shows R-4 Multiple Residential and 9,726 SF lot; OM shows CUPD-CT-2-4 zoning and 9,200 SF. Buyer to verify all information.

Highlights

Listed by Ron Chaquica , 619-933-2349 The Agency , CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.21

County

San Diego

Area

92115 - San Diego

Listing ID

260027086SD

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Interior Features

Exterior Features

Lot:No Land Lease
Garage Capacity:0
Roof:Composition
Others:
  • ▪ Additional:Frame, Stucco, 2+ Total Units
Principal Interest
$3,889
Taxes
$1,116

Home Price

$1,750,000

Loan Details

30 yrs
0%

Down Payment

20%
$350,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,888.89 $1,115.63 $0.00 $5,004.51
Yearly $46,666.67 $13,387.50 $0.00 $60,054.17
Total $1,400,000.00 $401,625.00 $0.00 $1,801,625.00
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (San Diego, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-15T01:37:52.000Z

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