3845-55 Chamoune Avenue, San Diego, CA 92105
Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
Listed by: josh browar
Office: the browar group
MLS#:250041714
Source:San Diego MLS via CRMLS
Price summary
- Price:$6,095,000
- Price per sq. ft.:$651.87
About this home
CASH FLOW! CASH FLOW! CASH FLOW! Discover the pinnacle of real estate investment in the vibrant City Heights neighborhood of San Diego. Presenting 3845-55 Chamoune Avenue—a newly listed 22-unit apartment building that epitomizes stability, convenience, and unparalleled returns. Take advantage of an assumable Freddie Mac loan, featuring a loan balance of $3,240,000 and an attractive interest-only rate of only 3.03% through March 2029, further enhancing the property's affordability and profitability. Boasting twenty meticulously crafted one-bedroom, one-bathroom apartments, alongside a two-bedroom, two-bathroom unit, and a three-bedroom, one-bathroom apartment, this property caters to diverse tenant preferences, ensuring high occupancy rates and steady rental income streams. Benefit from recent capital investments, including newer roofs, fresh exterior paint, upgraded fencing, security systems, energy-efficient windows, and essential infrastructure enhancements such as rerouted water lines and interior unit upgrades—ensuring minimal maintenance costs and maximum tenant satisfaction. Experience the pinnacle of comfort and convenience with ample off-street parking and on-site laundry facilities, elevating the resident experience and fostering long-term tenant satisfaction. This investment gem promises exceptional cash flow from day one, boasting an impressive yield of approximately 7.4% (day 1!).
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Home facts
- Listing ID #:250041714
- Added:94 day(s) ago
- Updated:January 18, 2026 at 03:09 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Living area:9,350 sq. ft.
Structure and exterior
- Building area:9,350 sq. ft.
Finances and disclosures
- Price:$6,095,000
- Price per sq. ft.:$651.87
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