4659 Florida Street, San Diego CA 92116 | $4,800,000

4659-61 Florida Street is a 13-unit apartment property located across the street from Old Trolley Barn Park and Adams Avenue in San Diego’s University Heights neighborhood. The front 2 bedroom / 2-bathroom house with a private yard was renovated to the studs with new plumbing, electrical, roof and foundation. The rear, 3-story walk-up apartment complex includes 12 well laid-out studios built in 2025 with in-unit washer/dryer and dishwashers as well as large windows. One studio has a private yard, and 4 studios have private balconies. RUBS is in place for water, sewer and trash. The house features gas appliances while the new construction units are all-electric. At the rear of the property, there are 3 parking spaces. One is allocated for the house and the other two are rented for additional income. The property is situated adjacent to Trolley Barn Park and Adams Ave which has ample street parking and is two blocks from the shops, restaurants, and nightlife on Park Boulevard. Old Trolley Barn Park is located on the north side of Adams Avenue in University Heights, directly north of Florida Street. Formerly a trolley barn site it is now a park with a historical designation. It features a playground, picnic areas with grills, open spaces and views of Mission Valley. There are summer concerts on Friday evenings.

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