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$3,960,000

  • For Sale
  • Active
  • Multi-Family
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Well-maintained 12-unit multifamily asset spanning three adjacent parcels in the Lincoln Park neighborhood of Southeast San Diego. Located within a federally designated Opportunity Zone, the property offers stable in-place income with significant rental upside in a supply-constrained submarket. Constructed in 1973, the property includes three two-story buildings with a strong unit mix: (3) one-bedroom, (6) two-bedroom, and (3) three-bedroom units ranging from 600 to 1,000 square feet. Each unit comes with a dedicated storage space, and the site features 33 off-street parking spaces across 11,878 SF of land. Recent upgrades include new exterior paint, updated roofing, solar, and tasteful interior renovations on select units.

Full Property Details for 5406 5418 Imperial Ave

General

  • Price: $3,960,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PTP2504104
  • Updated: 6/14/2025
  • Days on Market: 220 days
  • Added to Site: 220 day(s) ago

Rooms

Other Rooms

  • Laundry: Community

Additional Information

  • Pool Description: None
  • Spa Description: None

Location

  • Area: 92114 - Encanto
  • County: San Diego
  • Development Name: 92114 - Encanto
  • Driving Directions: From I-805, take the Imperial Ave exit and head east. Property is located between 54th St and 56th St on the north side of Imperial Ave.

Utilities

  • Sewer: Public Sewer
  • # Water Meters: 4
  • # Gas Meters: 4
  • # Electric Meters: 4

Structural Information

  • Entry Location: Ground
  • Square Feet: 9,870
  • Year Built: 1973

Lot Features

  • Property View: City Lights, Landmark
  • Lot Size (Acres): 0.2727
  • Lot Size (Sq. Ft.): 11,878
  • Lot Size Source: Public Records
  • Zoning: RM-3-7
  • Lot Description: Rectangular Lot, Park Nearby, Paved

Financial Considerations

  • Price Per Sq. Ft.: $401.22
  • Price Per Unit: 330000

Listed by Commercial Asset Advisors, Michael Conger

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Listing agent

— 5406 5418 Imperial Ave —

  • Michael Conger

    Commercial Asset Advisors

team@caacre.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 5406 5418 Imperial Ave

School District:San Diego City Unified School District
NameGradesDistance
Horton Elementary School
5050 Guymon St., San Diego, CA 92102
K-50.6 mi
Millennial Tech Middle School
1110 Carolina Lane, San Diego, CA 92102
6-80.9 mi
Lincoln High School
4777 Imperial Avenue, San Diego, CA 92113
9-120.7 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5406 5418 Imperial Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/13/2025
Listed
$3,960,000
247.37%
MLS
3/23/2022
Sold
$1,140,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 5406 5418 Imperial Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,710
10%
$1,209,776
4%
2023
$14,289
161%
$1,162,800
160%
2022
$5,480
1%
$447,032
2%
2021
$5,443
1%
$438,268
1%
2020
$5,377
2%
$433,775
2%
2019
$5,282
7%
$425,271
2%
2018
$4,939
2%
$416,933
2%
2017
$4,821
2%
$408,759
2%
2016
$4,741
1%
$400,745
2%
2015
$4,672
2%
$394,727
2%
2014
$4,600
4%
$386,996
5%
2013
$4,417
—
$370,290
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 5406 5418 Imperial Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Commercial Asset Advisors, Michael Conger

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5406 5418 Imperial Ave, San Diego, CA 92114 (MLS# PTP2504104) is a Multi-Family property with 12 units containing 0 bedrooms and 0 full bathrooms. 5406 5418 Imperial Ave is currently listed for $3,960,000 and was received on June 13, 2025. Want to learn more about 5406 5418 Imperial Ave? Do you have questions about finding other Multi-Family real estate for sale in San Diego? You can browse all San Diego real estate or contact a Coldwell Banker agent to request more information.

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