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Priced at $3,195,000, this 10-unit multifamily apartment building at 3533 6th Ave presents a clear investment profile in San Diego. The property operates at a 4.47% cap rate and offers a residential asset in the Hillcrest neighborhood, a densely populated and highly walkable submarket known for its diverse culinary scene and proximity to Balboa Park. The area maintains consistent tenant demand due to its central location and access to major regional transit corridors. Given the density of the surrounding urban landscape, this asset is well-positioned for an investor seeking a stabilized multifamily holding in one of Southern California's primary coastal markets. The building serves as an efficient housing option for professionals working in nearby medical districts and the downtown employment hub. This multifamily acquisition provides a tangible footprint in a supply-constrained environment that continues to attract residents who prioritize lifestyle connectivity.
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