Price Reduced Listing
$2,792,000
 $14,988 est/mo Sourced by Back At You

4522 Oregon Street,San Diego, CA 92116

San Diego, CA 92116

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Description

PRICE REDUCED! Bring all offers! We are pleased to present Sundance Apartments, a 9-unit multifamily property in San Diego's desirable and highly walkable University Heights neighborhood, located just 1.5 blocks from Adams Avenue. Built in 1972, the gated property features (6) 1BR/1BA and (3) 2BR/1BA units, select private patios/balconies, common area patio area with mature landscaping, on-site laundry, and 9 off-street parking spaces. Well-maintained with stable in-place income (5.12% current cap rate), the asset offers value-add upside through renovations or operational NOI improvements. All new unit electric subpanels were completed in 2025. One 2BR unit is currently for lease, providing an immediate renovation/lease-up opportunity. Ideally located just 1.5 blocks south from Adams Avenue-home to vibrant dining, retail, and entertainment-the property benefits from strong tenant demand and excellent proximity to major freeways and neighborhood amenities.

Details

MLS #PTP2602937
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1972
Days On Site180
Listing Provided ByTop Gun CRE | Max Delbecq

Features

SQ Feet6,165
Story(s)2
Units9
Building(s)1
ZoningRM-2-5 https://scoutred.
Acreage0.16

Interior

Heating Yes / NoNo
Cooling Yes / NoNo

Exterior

Lot FeaturesLandscaped, Level, Near Park, Near Public Transit, Paved, Street Level

Location

Community FeaturesPark

Area Information

StateCA
CountySan Diego
CitySan Diego
Zip Code92116
Area92116 Normal Heights
Listing VS Median (in 92116)
Price:
$2,792,000
low | high
Med:
$2,500,000
60.458452722063% of Average
sqft:
6,165
low | high
Med:
3,396
94.914841849148% of Average
$ / sqft:
$453
low | high
Med:
$736
12.551130438304% of Average
On site:
180
low | high
Med:
281
64.056939501779% of Average
Sourced by Back At You

Market Activity 92116

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Learn More About This Property

StateCA
CountySan Diego
CitySan Diego
Zip Code92116
Area92116 Normal Heights
Listing VS Median (in 92116)
Price:
$2,792,000
low | high
Med:
$2,500,000
60.458452722063% of Average
sqft:
6,165
low | high
Med:
3,396
94.914841849148% of Average
$ / sqft:
$453
low | high
Med:
$736
12.551130438304% of Average
On site:
180
low | high
Med:
281
64.056939501779% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $2.94M - $3.49M
sqft: 4,500 - 7,500
Nearby Listings Property ImageNearby Listings Details
4341 Texas Street Property Photo 1
$3,450,000
4341 Texas Street
San Diego, CA 92104
Listing Updated: October 14, 2026 at 1:26:36 PM PDT