Three Units! ~ An excellent multifamily investment opportunity in the heart of University Heights, this three-unit property reflects clear pride of ownership and offers strong fundamentals in one of San Diego’s most walkable and desirable urban neighborhoods. The property consists of three 1-bedroom, 1-bath units, each thoughtfully laid out and well cared for. Residents enjoy shared on-site laundry and designated parking for each unit—valuable amenities in this central location. The property has a strong rental history and continues to attract steady demand due to its condition and exceptional setting. Ideally located just minutes from Park Boulevard, Adams Avenue, Trolley Barn Park, and nearby North Park, tenants benefit from easy access to popular cafés, dining, shopping, nightlife, and everyday conveniences, along with quick connectivity to Downtown, Balboa Park, and major freeway routes. With assigned parking and a prime University Heights location, this property presents a compelling opportunity for investors seeking long-term stability in a proven rental market.
Listed by Clayton Connolly
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License #01434941
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eXp Realty of California, Inc.
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619-374-5944
Last updated March 03, 2026
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Source: CRMLS #260003500SD
Listing Facts
TypeMulti-family
NeighborhoodUniversity Heights
Days on Prevu33
Amenities
Parking
Location
Mortgage Calculator
Listing History
02/12/2026
Listed by eXp Realty of California, Inc.
$1,250,000
Property Details for 1078 Hayes Ave
Exterior
Construction
Number Of Units Total: 3
Roof: Composition
Stories: 1
Stories Total: 1
Year Built: 1953
Features
Fencing: Partial
Measurements
Lot Size Acres: 0.12
Lot Size Area: 5,238
Lot Size Source: Assessor
Lot Size Square Feet: 5,238
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 3.44
Taxes
Parcel Number: 4443711500
Interior
Features
Appliances: Gas Water Heater
Other
Location
Subdivision Name: University Heights
Utilities
Equipment
Cooling: Wall/Window Unit(s)
Has Cooling: Yes
Has Heating: Yes
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1078 Hayes Ave.
How does 1078 Hayes Ave compare to other multi-family homes in University Heights?
This multi-family home is listed 25% below the average price for multi-family homes in University Heights and has been on the market for 6 less days than the typical home in this area.
1078 Hayes Ave is a -bedroom multi-family home for sale in San Diego CA 92103. Listed on Prevu for 33 days at $1,250,000. This property is located in University Heights. The median listing price for multi-family homes in this area is $1,295,000. The home offers parking. View other multi-family home listings in San Diego.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.