CnC Realty
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$2,792,000

4522 Oregon Street

San Diego, CA 92116

Active

1972

Year Built

San Diego

County

MultiFamily

Property Type

About this home

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.

Listed by Max Delbecq · DRE #01964069 · Top Gun CRE
MLS #1158036385
ListedApr 20, 2026

Property Details

Architecture

Stories2
StyleN/A
Total Units9
RoofN/A
Garage SpacesN/A
PoolN/A
SpaN/A

Features & Amenities

Interior FeaturesN/A
Exterior FeaturesN/A
FlooringN/A
CoolingN/A
HeatingN/A
FireplaceN/A
LaundryCommon Area
Parking FeaturesN/A
Parking Total0
Patio & PorchN/A
Entry Level1
Entry LocationN/A
Common WallsN/A

Property Features

Lot SizeN/A
Lot FeaturesLandscaped, Level, Near Park, Near Public Transit, Paved, Street Level
ViewN/A
DirectionsGoogle Maps

Community

Area92116 - Normal Heights
School DistrictN/A

Tax & Financial

TermsCash, Cash To New Loan, Conventional, Exchange1031, Fannie Mae, Freddie Mac, Government Loan, Trust Deed
Land LeaseN/A
HOA NameN/A
HOA FeeN/A

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Mortgage Estimate

$14,860/mo

20% down · 7% APR · 30-yr fixed

Estimate only. Does not include taxes, insurance, or HOA.

CRMLSLast updated: October 21, 2026 at 6:45 PM

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