2436-38 Reo Dr.

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2436-38 Reo Dr.

San Diego, CA 92139
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building located in San Diego California.
  • Property consists of two individual residential rental units.
  • Situated within the 92139 zip code of San Diego.
  • Asset offers an entry point into the local market.
  • Regional economy supports consistent demand for residential housing.

What's Special

This two-unit multifamily asset in San Diego provides a clear value-add prospect for investors seeking residential holdings in a established Southern California submarket. The property functions as an apartment building, catering to the persistent regional demand for rental housing across the greater San Diego area. Proximity to local thoroughfares facilitates access to the broader metropolitan region and its diversified economy, which is supported by research, defense, and tourism sectors. The modest scale of this asset makes it a practical acquisition for private investors or those managing small residential portfolios. Its placement within the 92139 ZIP code positions it in a growing suburban market where housing accessibility remains a priority for the local workforce. As an income-producing vehicle, this property represents a straightforward entry into a high-barrier market characterized by long-term growth and stable tenant demand.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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