4010 4016 Illinois St San Diego, CA ^$ 2,000,000

4010 4016 Illinois St

^$ 2,000,000

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4010 4016 Illinois St

San Diego, CA, 92104

^$ 2,000,000

Studio Baths0.0 Sq 3,590

Monthly Estimate*

^$ 12,314

Listed by Commercial Asset Advisors

4010 4016 Illinois St, San Diego, CA 92104 - Image 1

4010 4016 Illinois St, San Diego, CA 92104 - Image 2

4010 4016 Illinois St, San Diego, CA 92104 - Image 3

4010 4016 Illinois St, San Diego, CA 92104 - Image 4

4010 4016 Illinois St, San Diego, CA 92104 - Image 5

4010 4016 Illinois St, San Diego, CA 92104 - Image 6

4010 4016 Illinois St, San Diego, CA 92104 - Image 7

4010 4016 Illinois St, San Diego, CA 92104 - Image 8

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Studio

Multi-Family Home for sale in San Diego, CA

for $2,000,000. This 3,590 square foot home was built in 1945 on a lot size of 0.1608.

Six-unit multifamily consisting of four (4) one-bedroom/one-bath units, one (1) larger one-bedroom/one-bath unit with a private balcony, and one (1) detached three-bedroom/one-bath house at the front of the property. Recent improvements include dual-pane windows, partial ABS sewer line upgrades, new electrical subpanels, and balconies that have passed SB-721 inspection requirements. Additional features include two single-car garages, two carport spaces, three storage closets, and an approximately 200 square foot storage shed, offering potential additional storage and parking options. PLEASE DO NOT DISTRUB TENANTS!

Multi-Family Coming Soon

Price

^$ 2,000,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1608

Year Built

1945

Town/City

San Diego

County/Region

San Diego

MLS | Web ID

PTP2601668

Days on Market

Features

General

Sewer Public Sewer

Cooling None

Zoning R-3

HOA Fee 0

Garage Spaces 2

Pool Features None

Year Built 1945

Gross Income 157386

Community Features Urban

County San Diego

Net Operating Income 96348

Operating Expense 61042

Insurance Expense 6000

Property Type Residential Income

HOA false

Garage Y/N true

Special Listing Conditions Standard

Status Coming Soon

Directions Minutes from 805 University Ave exit. Illinois Street between Lincoln Ave. and Polk Ave.

City San Diego

Entry Location Street

Senior Community Y/N false

Open Parking Spaces 2

Number Of Units Total 6

MLS Area 92104 - North Park

Lot Size Units Square Feet

Lot Size Square Feet 7006

Carport Spaces 2

Carport Y/N true

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 484

Fuel Expense 192

Trash Expense 3600

Water Sewer Expense 3084

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Coming Soon

Tax Lot 446-381-18-00

Expected Active Date 2026-03-09

Taxes 25223

Cap Rate 4.82

Interior

Fireplace Features None

Total Stories 2

Common Walls 1 Common Wall

Air Conditioning Y/N false

Heating Y/N false

Fireplace Y/N false

Laundry Features Common Area

Entry Level 1

Total Baths 0

Exterior

Lot Features No Landscaping

Total Parking 6

Lot Size Area 7006

Number of Buildings 2

Spa false

Building Area Total 3590

Lot Size Acres 0.1608

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

* Excluded Features

List By

Commercial Asset Advisors

Broker

team@caacre.com

Affordability Calculator

$12,314

Per Month

Monthly Principal & Interest: $12,314
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in San Diego, CA

Average List Price ^$2,217,414

Percent of Sale Price 11%

About San Diego, CA

1,417,428 Population

15% Since 2002

^$72,408 Median Income

36.37 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/5/2026	$2,000,000		Listed Price

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4010 4016 Illinois St, San Diego, CA, 92104 is a Multi-Family Home for sale at $2,000,000 with 3,590 sqft and a lot size of 0.1608. 4010 4016 Illinois St is a studio with 0.0 baths and was built in 1945. The property's zip code is 92104 which is in San Diego, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 3/8/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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4010 4016 Illinois St

Multi-Family Home for sale in San Diego, CA

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