Property Detail

Description

PRICE REDUCED!!! All 2BR/1BA units with a strong current cap rate of 6.2% and upside to reach a 7% cap rate through rent increases. The full 2-bedroom unit mix is highly desirable for tenants and supports long-term stability and rental growth. Many units feature updated finishes including quartz countertops, laminate flooring, and newer cabinets, with room for further upgrades to maximize rents. Located in a low-vacancy area near major freeways, transit, employment centers, and just minutes from Downtown San Diego, the property offers solid cash flow with value-add potential.