2240 W Dunlop

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2240 W Dunlop

San Diego, CA 92111
Asking Price
$1.70M
Cap Rate
4.84%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Six-unit multifamily apartment building available for purchase
  • Current asking price set at 1,695,000 dollars
  • Achieving a cap rate of 4.84 percent
  • Property situated in the 92111 area of San Diego
  • Residential asset ideal for long-term income generation

What's Special

Investors seeking to expand their residential holdings in San Diego will find this six-unit apartment building a practical addition to a portfolio. Positioned in the 92111 zip code, the property operates within a dense coastal submarket known for its consistent demand for rental housing. The asset provides a stable base for income generation, supported by a 4.84% cap rate that reflects current market conditions in the region. San Diego remains a major economic driver in Southern California, anchored by robust healthcare, technology, and defense sectors that attract a steady stream of residents to the city. This multifamily asset serves as a functional vehicle for long-term hold strategies, benefiting from the ongoing demographic growth characteristic of the metropolitan area. Its scale allows for manageable operations, making it an appropriate acquisition for those targeting stable cash flow in a high-barrier-to-entry market.

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NOI
$80,000
Cap Rate
4.72%
DSCR
0.79
Underwater
Cash-on-Cash
-4.06%
Monthly Payment
$8,385.935
Annual Cash Flow
$-20,631.222

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