4052 Euclid Ave #56, San Diego, CA — $1,375,000

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About this home

South Coast Commercial is pleased to present 4050-56 Euclid Avenue, a four-unit multifamily investment in the centrally located City Heights neighborhood of San Diego. Situated on an approximately 6,008 square foot parcel, the property includes a spacious front house, a brand new unit, and two additional units, offering a mix of newer and legacy construction with existing in-place rental income. Located along Euclid Avenue, one of City Heights' established commercial corridors, the property sits near the neighborhood's shops, restaurants, and transit. With more than 55,000 residents within one mile, the area ranks among the most densely populated in the San Diego region, supporting steady rental demand. With in-place rents currently below market, the property offers value-add upside through lease-to-market. The offering suits investors or owner-occupants seeking a well-located San Diego asset with a mix of unit types and in-place tenancy.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

🏷 Last sold$693,000 · May 2022

📋 Assessed value$865,945

💵 Annual tax$11,189

🏫 School districtSan Diego City Unified School District

MLS #260017084

🔥 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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VA loan (no PMI)

Estimated total monthly payment

$8,614

Principal & interest$6,953

Property tax$1,260

Home insurance$401

Down payment: $275,000Loan: $1,100,000

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