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$1,030,000
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Property Description
5 Units in City Heights. This is the best-priced deal on the market, low $/Unit at only $209K/Unit with a strong in-place 6.32% Cap Rate and 10.44 GRM w/ upside. With many recent upgrades, this offering boasts a strong in-place cap rate with future upside my updating a couple of the units. The unit mix consists of a 2Bedroom/2Bathroom unit, a spacious detached 1Bedroom/1Bathroom house, two 1Bedroom/1Bathroom units that are in a stacked two-story structure in the middle of the property and a smaller 1Bedroom/1Bathroom unit in the rear of the property. ProForma Cap Rate: 7.34% and ProForma GRM: 9.36
Full Property Details
Full Property Details for 3860 45th St
General
- Sold For: $1,030,000
- Status: Closed
- Type: Apartment
- Source: SANDICOR
- MLS ID: 260010557
- Added to Site: 71 day(s) ago
Interior
- Flooring: Other (See Remarks)
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 6
Bedrooms
- Total Bedrooms: 6
Additional Information
- Shared Amenities: Other/Remarks
Parking
- Total Spaces: 2
- Parking Features: Spaces
Location
- Area: EAST SAN DIEGO (92105)
- County: San Diego
- Driving Directions: South of University Ave - City Heights
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other (See Remarks)
Structural Information
- # Buildings: 3
- Structure Type: Apartment, Other/Remarks
- Detached/Attached: Detached
- Construction: Remarks
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 2,800
- Sq. Ft. Source: Other/Remarks
- Living Area: 2,800 Sq. Ft.
Unit Information
- Units in Building: 5
Lot Features
- Zoning: CUPD-CT-5-
Financial Considerations
- Operating Expenses: $30,996
- Terms: Other/Remarks
Disclosures and Reports
- Property ID: 471-571-24-00
Listed by Apartment Realty Group (ARG) (619) 222-9500, James V Carter
Sold by The Mendes Company (619) 784-1031, Anthony J Mendes
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Schools
Schools serving 3860 45th St
School District:San Diego City Unified School District
| Name | Grades | Distance |
|---|---|---|
Rosa Parks Elementary School, San Diego, CA 4510 Landis Street, San Diego, CA 92105 | K-5 | 0.2 mi |
Clark Middle School 4388 Thorn Street, San Diego, CA 92105 | 6-8 | 0.5 mi |
Hoover High School 4474 El Cajon Boulevard, San Diego, CA 92115 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3860 45th St
Date
Details
Price
Change
Source
6/25/2026
Sold
$1,030,000
-1.44%
MLS
5/01/2026
Listed
$1,045,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3860 45th Street, San Diego, CA 92105 (MLS# 260010557) is a Apartment property that was sold at $1,030,000 on June 25, 2026. Want to learn more about 3860 45th Street? Do you have questions about finding other Apartment real estate for sale in South San Diego? You can browse all South San Diego real estate or contact a Coldwell Banker agent to request more information.

