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4522 Oregon St1 / 6 · Click to zoom

About this home

We are pleased to present Sundance Apartments, a 9-unit multifamily property in San Diego's desirable 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 (5.22% current cap rate), the asset offers value-add upside through renovations. 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.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
📋 Assessed value$249,976
💵 Annual tax$3,135
🏫 School districtSan Diego City Unified School District

MLS #PTP2602937

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$18,481
Principal & interest$14,917
Property tax$2,704
Home insurance$860
Down payment: $590,000Loan: $2,360,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.