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2520-24 L Street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building available for purchase in San Diego
- Asset features 2 individual units for residential rental income
- Priced at $799,000 for interested commercial real estate investors
- Property generates a 6.6% cap rate at current valuation
- Situated within the established 92102 submarket of San Diego
What's Special
This multifamily apartment building for sale in San Diego presents a clear acquisition target for investors focused on yield-driven residential assets. Positioned within the 92102 ZIP code, the property serves as a stable entry point into the competitive Southern California rental market. The asset consists of 2 units, making it suitable for a focused management approach or a portfolio expansion strategy. San Diego remains a robust economic hub, supported by a diverse economy including defense, tourism, and a burgeoning biotechnology sector that continues to draw residents to urban corridors. The property is currently priced at $799,000 and offers a 6.6% cap rate. Given its urban location, this asset fits well for those seeking to capitalize on steady housing demand in a major metropolitan area. The location provides connectivity to the broader San Diego region, ensuring accessibility for residents and long-term utility for investors looking for durable income-producing real estate in a supply-constrained environment.
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