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4480 Texas StSan Diego, CA 92116

For Sale

$2,100,000

Smart Buyer Rebate $21,000

Exceptional multi-family investment opportunity in the heart of University Heights. 4480–4486 Texas St features four upgraded units, including one 2BR/1BA and three 1BR/1BA residences, thoughtfully improved for long-term performance and tenant appeal. Each bungalow offers remodeled kitchens new appliances and dishwashers, remodeled baths, in-unit laundry, private fenced outdoor space, and modern conveniences throughout. Extensive improvements include new copper plumbing and PVC drains to the alley, updated HVAC systems, French drains with sump pumps, and a new roof and gutters on 4486. Exterior upgrades include fresh paint, new fencing, and private patios for all units. Additional highlights include split-system HVAC, tankless water heaters (3 units), 4486 has EV charging, and three off-street parking spaces. Ideally located near vibrant dining, shopping, and transit, this turnkey asset blends strong rental fundamentals with future upside in one of San Diego’s most desirable urban neighborhoods. Property consists of four detached bungalow-style units with strong income and significant capital improvements completed. All units are individually metered and feature in-unit laundry and private outdoor spaces. Recently updated kitchens and baths in all units. Desirable central location with walkable access to retail, dining, and transit.

Listed by Sally Schoeffel

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License #00523223

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Compass

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619-884-0701

Listed by Elizabeth Callaway

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License #00984247

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Compass

Last updated April 17, 2026

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Source: CRMLS #260007432SD

Listing Facts

  • TypeMulti-family
  • NeighborhoodUniversity Heights
  • Days on Prevu31

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

04/18/2026
Price Decreased
$2,100,000
03/30/2026
Listed by Compass
$2,495,000

Property Details for 4480 Texas St

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Composition
  • Stories: 1
  • Stories Total: 1
  • Year Built: 1925

Measurements

  • Lot Size Acres: 0.16
  • Lot Size Area: 6,996
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,996
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 4.01

Taxes

  • Parcel Number: 4452322700

Interior

Features

  • Appliances: Tankless Water Heater
  • Spa: Yes

Other

Location

  • Subdivision Name: University Heights

Utilities

Equipment

  • Cooling: See Remarks
  • 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 4480 Texas St.

How does 4480 Texas St compare to other multi-family homes in University Heights?

This multi-family home is listed 12% above the average price for multi-family homes in University Heights and has been on the market for 42 less days than the typical home in this area.

4480 Texas St is a -bedroom multi-family home for sale in San Diego CA 92116. Available on Prevu for 31 days at $2,100,000. This includes a recent price decrease of $395,000. This property is located in University Heights. The median listing price for multi-family homes in this area is $994,500. Property amenities include parking. Browse more 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.

Full MLS Disclaimers

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.