About 4522 Oregon Street
We are pleased to present Sundance Apartments, a 9-unit multifamily property in San Diego’s desirable University Heights neighborhood, located just 1.5 blocks from Adams Avenue. Built in 1972, the gated property features (6) 1BR/1BA and (3) 2BR/1BA units, select private patios/balconies, common area patio area with mature landscaping, on-site laundry, and 9 off-street parking spaces. Well-maintained with stable in-place income (5.22% current cap rate), the asset offers value-add upside through renovations. One 2BR unit is currently for lease, providing an immediate renovation/lease-up opportunity. Ideally located just 1.5 blocks south from Adams Avenue—home to vibrant dining, retail, and entertainment—the property benefits from strong tenant demand and excellent proximity to major freeways and neighborhood amenities.
Features of 4522 Oregon Street
| MLS® # | PTP2602937 |
|---|---|
| Price | $2,950,000 |
| Bathrooms | 0.00 |
| Acres | 0.00 |
| Year Built | 1972 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 4522 Oregon Street |
|---|---|
| Area | 92116 - Normal Heights |
| City | San Diego |
| County | San Diego |
| Zip Code | 92116 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Landscaped, Level, Near Public Transit, Paved, Street Level, Near Park |
|---|
Additional Information
| Date Listed | April 20th, 2026 |
|---|---|
| Days on Market | 146 |
| Zoning | RM-2-5 https://scoutred. |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Max Delbecq |
|---|---|
| Office | Top Gun CRE |