4469 Altadena Ave, San Diego, CA 92115

Welcome to 4469-4475 Altadena Ave, a newly constructed four-unit development in Talmadge! Designed for savvy investors, 1031 exchange buyers, or homeowners looking to live in one unit while renting the others, this is your opportunity to step into immediate passive income. The property consists of three independent structures totaling four units, with three units currently occupied at fair market rents. Each unit offers a 1-bedroom, 1-bath layout ranging from 433 square feet up to 584 square feet for the largest unit. The original home built in 1939 has been remodeled to reflect the same new condition of the newly constructed 3 additional units. Each unit is equipped with modern conveniences and energy-efficient features to maximize comfort and appeal. Enjoy newly installed kitchens and bathrooms, luxury vinyl flooring, mini-split heating and air systems, and tankless water heaters. The units also include stainless steel appliances, including refrigerators, and in-unit washers and dryers, ensuring a seamless living experience. Solar on the 3 new units offers monthly savings! There is a common area fenced-in patio in front and 3 off-street parking spaces, providing convenience for tenants. Situated near SDSU, major hospitals, shopping centers, as well as San Diego’s iconic beaches, this property is ideally located to attract a wide range of tenants—from military professionals and students to those seeking vibrant urban living. Whether you're looking for a turnkey rental property or a strategic long-term investment, this is the perfect opportunity to grow your portfolio.