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1130-34 11th Avenue
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building listed for sale at $7,799,000.
- Property features commercial zoning and a corner-adjacent location.
- Asset located in the active urban corridor of downtown San Diego.
- Investment carries a cap rate of 4.68 percent.
- Building situated at the 1130-34 11th Avenue address.
What's Special
Priced at $7,799,000, this multifamily apartment building occupies a strategic position at 1130-34 11th Avenue in San Diego. The property benefits from its commercial zoning and corner-adjacent positioning, placing it within one of the city's most active corridors. San Diego remains a major economic hub in Southern California, characterized by a diverse employment base and consistent demand for residential units in dense, urban settings. Investors may find this asset suitable for long-term hold strategies or redevelopment projects given the flexible zoning designations. Positioned in the 92101 zip code, the site offers proximity to downtown infrastructure and major transit routes. This area continues to see ongoing development activity, reflecting the broader growth trends of the metropolitan region. The apartment building serves as a tangible stake in an established submarket where proximity to city centers drives sustained interest from both tenants and professional operators looking to capitalize on the ongoing urban transformation of this specific corridor.
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