City Heights
92105 · San Diego
City Heights — one of San Diego's most diverse neighborhoods, anchored by the El Cajon Boulevard corridor. Dense urban housing stock with abundant small multifamily and the highest cashflow potential in the city of San Diego.
Active Listings
66
Median Price
$700K
Avg Rent
$3,087/mo
Avg Cashflow
$-1,799/mo
Avg Cap Rate
1.3%
Avg CoC
-23.7%
P/R Ratio
20.2
Cashflow+ %
0%
Price Range
$275K
$2.2M
Highlights
- ✓Most diverse and culturally vibrant zip in the city
- ✓El Cajon Boulevard transit corridor — strong rental demand
- ✓Abundant 2-4 unit small multifamily inventory
- ✓Walkable to City Heights Performance Annex and Mid-City public services
Investor Notes
- ◈Top cashflow zip in SD city — strongest gross rent multipliers in our coverage
- ◈Best fit for investors with an established property manager — higher-touch market
- ◈Small multifamily is the sweet spot — duplex through fourplex
- ◈Older inventory — full inspections (sewer, electrical, roof) are essential
Demographics
Vibe
Urban, diverse, transit-served
Median Income
~$60K
Top Employers
Healthcare, education, hospitality, civic services
Top 5 Listings by Score
| Address | Score | Price | Est. Rent | CF/mo |
|---|---|---|---|---|
| 3034 Menlo Ave 2bd / 2ba · 612 sqft | A 74 | $525K | $3,324 | $-9 |
| 4712 Home Avenue 2bd / 1.5ba · 882 sqft | A 64 | $450K | $2,855 | $-355 |
| 4150 45th Street 2bd / 2ba · 800 sqft | A 62 | $369K | $2,181 | $-412 |
| 4028 48th Street 5 1bd / 1ba · 576 sqft | A 61 | $295K | $1,735 | $-387 |
| 4465 Home Ave East 2bd / 1.5ba · 780 sqft | A 60 | $423K | $2,632 | $-443 |
Stats are live from our database. Default assumptions: 20% down, 6.5% rate, 30yr. Rents estimated via proprietary model.