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$5,382,000   Price Analysis
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4999 Sterling Ct
San Diego, CA 92105
28 bed 28 bath 11,104 SqFt ($484/SqFt)
0.44 acre lot. Built 1985
Listed 2024-06-10, Taxes $43,230
Ⓧ USDA Ineligible
due to price & location

near San Diego

Sterling Terrace Apartments is an exceptional 18-unit apartment building located in the heart of San Diego

California. This property offers a coveted central location, ensuring residents enjoy convenient access to Downtown San Diego and nearby employment hubs. Situated on a corner lot and featuring a gated community, Ste rling Terrace Apartments provides tenants with a tranquil living environment within the Chollas Creek Community.

Additionally the property has been extensively renovated inside and out. Exterior renovatons of note include: Brand new Roof, Freshly Paved Parking, New Gates, Landscaping, Paint, Windows and More.


Presented by Troy Reese at
Marcus & Millichap Re Invest.


Property MLS #OC24118170 from CRMLS

Bedrooms: 28

Laundry Features: Inside

Full Bathrooms: 28

Lot Description: Level with Street
Lot Size Acres: 0.4425
Lot Size Source: Assessor
Lot Size Square Feet: 19275

Parking Total: 20

Number of Units: 18
Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 2

Rent Control: Yes

Community Features: Park

Source Listing Status: Active
County: San Diego
Cap Rate: 5.46
Source Property Type: Residential Income
Area: 92105 - East San Diego
Source Neighborhood: East San Diego
Number of Separate Electric Meters: 18
Number of Separate Gas Meters: 18
Parcel Number: 4718101100
Subdivision: East San Diego
Zoning: RM-2-5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$1,681,885 + $1,839,561
$3,521,446
$43,230
2022$1,648,907 + $1,803,492
$3,452,399
$42,078
2021$1,616,576 + $1,768,130
$3,384,706
$41,790
2020$1,600,000 + $1,750,000
$3,350,000
$41,283
2019$634,874 + $364,713
$1,016,502
$12,607
2018$622,426 + $357,562
$996,506
$11,786
2017$610,222 + $350,551
$975,863
$11,489
2016$598,257 + $343,678
$957,758
$11,307
2015$589,271 + $338,516
$927,787
$11,131
2014$577,728 + $331,885
$909,613
$11,022
2013$575,117 + $330,386
$905,503
$11,008
2012$563,841 + $323,908
$906,857
$10,146
2010$552,786 + $317,557
$889,170
$9,782
2009$549,959 + $315,933
$882,608
$9,793
2009$548,655 + $315,184
$881,803
$9,793
2008$539,176 + $309,739
$848,915
$9,272
2007$528,604 + $303,666
$832,270
$9,206

Price Changed 2024-06-25
$5,382,000
CRMLS
Listed 2024-06-10
$5,670,000
CRMLS
Sold 2019-12-10
$3,350,000
Public Record
Listing removed 2011-10-27
$695
SanDiegoMLS
Listed for rent 2011-10-21
$695
SanDiegoMLS
Sold 2000-07-19
$740,000
Public Record
Sold 1994-04-20
$340,000
Public Record

Net Operating Income: 287611.00

Total Square Feet Living: 11104
Year Built: 1985
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 39
Property Attached: Yes
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Public Records

Sewer: Water Sewer Expense: 0.00
Water Source: Public

Marshall Elementary School is a public elementary school located approximately 0.1 miles away.
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Crawford High School is a public high school located approximately 0.9 miles away.
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Mann Middle School is a public middle school located approximately 1 miles away.
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Waldorf School Of San Diego is a private elementary, middle and high school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.