DA TOUCAN
DA TOUCAN
4659 NORTH AVE, SAN DIEGO, CA 92116
Whitewater Commercial Real Estate presents a rare opportunity to acquire a fully renovated apartment community located in the heart of the University Heights neighborhood of San Diego.
Built in 1971 and extensively renovated in 2026, 4659 North Avenue consists of 6,519 square feet of rentable living space situated on a 7,000 square foot lot. The property features an attractive and well-balanced unit mix of seven 1-bedroom / 1-bathroom units, two 2-bedroom / 1.5-bathroom units, and one 2-bedroom / 2-bathroom unit.
Each unit has been elegantly renovated with modern interior finishes including quartz counter tops, updated cabinetry, and vinyl plank flooring. Residents also enjoy a variety of desirable amenities such as air conditioning, in-unit laundry, ceiling fans, upgraded bathrooms, and dedicated off-street parking for every unit.
With its prime location, extensive renovations, ample parking, and strong demand for rental housing, 4659 North Avenue offers investors a turnkey opportunity positioned for stable cash flow and long-term appreciation in one of San Diego’s most desirable rental markets.
PROPERTY DETAILS
Purchase Price - $5,000,000
6,519
10
SQ. FT.
UNITS
1971/2026
7,000
YEAR BUILT/RENOVATED
LOT SIZE
University Heights
Stabilized Investment
LOCATION
ASSET TYPE
PROPERTY HIGHLIGHTS
01 / Ten Units Fully Renovated
Fully renovated in 2026 — turnkey, low-maintenance asset consisting of ten units: (7) 1BD/1BA, (2) 2BD/1.5BA, (1) 2BD/2BA.
02 / University Heights Location
Located in University Heights, just behind Park Blvd, the neighborhood’s retail corridor with popular cafes, restaurants, bars and breweries within steps.
03 / Stabilized Investment
Upgrades include new electrical upgrade, plumbing, in-unit laundry, quartz countertops, stainless appliances, AC Units, with 10 off street parking spaces.
Listing Team
Whitewater Commercial Real Estate
350 Tenth Ave #710, San Diego, CA 92101
License #: CA 012255012