San Diego, CA 92105,4037 Winona Avenue
San Diego, CA 92105,4037 Winona Avenue
San Diego, CA 92105,4037 Winona Avenue
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Kobe Zimmerman

Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

+1(858) 753-3353
$1,380,000
Est. payment /mo
1 Bed
6,173 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2509174

Bedrooms 1

Lot Size 6,173 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

4037 Winona Ave presents a compelling low-barrier to entry opportunity to acquire a 1980s-constructed multifamily asset in Central San Diego, one of the regions most demanded rental markets. At an attractive $1,380,000 purchase price, investors can acquire six income-producing units at a significantly lower price-per-unit basis than comparable 34 unit properties, without a proportional increase in acquisition cost. The property consists of six (6) identical 510 SF one-bedroom/one-bathroom units, each featuring efficient layouts and walk-in closets. Capital improvements have been completed selectively across the unit mix, creating a clear value-add runway. One unit was fully renovated in 2021 with shaker cabinetry, hard-surface countertops, LVP flooring, updated appliances, and a refinished bathroom. Three additional units received interior refreshes between 20232025, including new vinyl flooring, refinished cabinetry, and updated hardware. The remaining two units retain original finishes and exhibit heavy wear, presenting upside through renovation and rent repositioning. The water heater was replaced in 2024. Exterior facia, window trim, and all iron gating, railings, and security windows were painted in 2025. Constructed in 1982, the property sits on a 6,173 SF full-size lot and benefits from full ABS sewer lines, a single flat roof, and an all-concrete lot, resulting in a low-maintenance operating profile designed to minimize expenses and maximize long-term cash flow. Utility configuration includes seven gas meters, seven electric meters, and one water meter. The property

Location

State CA

County San Diego

Direction GPS

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 4715200800

Acceptable Financing Conventional

Listing Terms Conventional

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MLS Router / San Diego MLS
Listed by Maxwell Brown Commercial Asset Advisors

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4037 Winona Avenue