5337 Meade Ave
San Diego, CA 92115
$1,750,000
5337-5347 Meade Ave: 6-unit multifamily property in San Diego's 92115 submarket. Two buildings totaling approx. 3,863 SF on a 9,200 SF (0.223 AC) lot, built 1955, two stories, frame/stucco construction with composition shingle gable roofs and open on-site parking. Interior courtyard layout with approx. 1,533 SF of land per unit and a two-building configuration offering flexibility for future repositioning. Located in a Qualified Opportunity Zone; zoned CUPD-CT-2-4. Close to Horace Mann Middle School, the University Ave and El Cajon Blvd commercial corridors, bus lines and approx. 1.9 miles to the SDSU Transit Center (Green Line). Offering memorandum estimates approx. $183,870 EGI and $115,536 NOI, an approx. 6.6% cap rate at the list price. Value-add upside through renovation-driven rent growth.
| Listing Id: | 260027086 |
|---|---|
| List Price: | $1,750,000 |
| Property Type: | Residential Income |
| Property Sub Type: | Com-Res Income |
| Status: | Active |
| Living Area: | 3,863 |
| Lot Size Square Feet: | 9,200.0 |
| Waterfront?: | No |
| City: | San Diego |
| County Or Parish: | San Diego |
| Postal Code: | 92115 |
| Year Built: | 0 |
| Number Of Units Total: | 6 |
| Basement: | false |
| Building Area Total: | 3,863.0 |
| Building Area Units: | Sqft |
| Feed Types: | IDX |
| Construction Materials: | Frame, Stucco |
| Levels: | 2 Story |
| Living Area Units: | SquareFeet |
| Lot Size Area: | 0.223 |
| Lot Size Units: | Acres |
| MLS Area Major: | Metro Uptown |
| Parcel Number: | 472-041-11-00 |
| Parking Features: | Spaces |
| Photos Change Timestamp: | 2026-11-13T23:25:30Z |
| Roof: | Composition |
| Special Listing Conditions: | N/K |
| State Or Province: | CA |
| Stories: | 2 |
| Sdmls Area Zip: | SAN DIEGO (92115) |
| Sdmls Lvt Date: | 2026-11-13 |
| Original List Price: | $1,750,000 |
| Sale Or Rent: | For Sale |
| Sdmls Status Detail: | 0 |
| Financial Data Source: | Other/Remarks |
| Building Area Source: | Buyer to Verify |
| Sdmls Short Sale: | No |
| Sdmls Internet Address: | 5337 Meade Ave |
| Operating Expense: | $68,334 |
| Sdmls Have: | 6-unit apartment property |
| Sdmls Proj Gross Multiplier: | 9.52 |
| Sdmls Proj Gross Operating Inc: | 183870 |
| Sdmls Proj Operating Expense: | 68334 |
| Sdmls Projected Net Income: | 115536 |
| Sdmls Motive Want: | Sale |
| Gross Scheduled Income: | $183,870 |
| Number Of Buildings: | 2 |
| Sdmls Max Search Price: | 1,750,000 |
| Sdmls Price Unit: | 291,667 |
| Sdmls Age: | 1,955 |
| Sdmls Geo Update Timestamp: | 2026-11-13T23:25:29.9 |
| Sdmls Full Address: | 5337 Meade Ave |
| Sdmls Pp Insta: | https://www.propertypanorama.com/instaview/snd/260027086 |
| Sdmls Supplement Remarks: | Financial figures are offering memorandum estimates based on San Diego multifamily market conditions, not actual operating history. Building quality recorded as Class C, fair condition. Open parking on site; space count not verified. Tax record shows R-4 Multiple Residential and 9, 726 SF lot; OM shows CUPD-CT-2-4 zoning and 9, 200 SF. Buyer to verify all information. |
| On Market Date: | 2026-11-13 |
Listing Courtesy of: The Agency
Listing Agent: Ron Chaquica
619-933-2349
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© 2026 San Diego MLS.
San Diego MLS data last updated on November 13, 2026 09:48 PM - PT.
Property Last Updated: November 13, 2026 09:48 PM - PT
