3770 Georgia Street

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3770 Georgia Street

San Diego, CA 92103
Asking Price
$3.09M
Cap Rate
4.31%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building containing eight distinct residential units.
  • Property is currently listed for sale at 3,090,000 dollars.
  • The investment currently yields a cap rate of 4.31 percent.
  • Located in the 92103 ZIP code within San Diego.
  • Positioned in a dense urban neighborhood with high rental demand.

What's Special

This 8-unit multifamily apartment building is located at 3770 Georgia Street in San Diego, CA. The property represents a functional investment opportunity within the competitive Hillcrest and University Heights submarkets, areas known for high rental demand and a dense residential population. With a 4.31% cap rate, this asset is positioned to provide consistent returns in one of Southern California's most resilient urban housing markets. The location offers immediate access to major regional thoroughfares and public transit hubs, facilitating easy commutes to downtown San Diego and the broader metropolitan area. Given the consistent historical occupancy rates in this ZIP code, the property serves as a stable addition to a private investor portfolio or a long-term hold for those targeting value-add potential in a supply-constrained environment.

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NOI
$80,000
Cap Rate
2.59%
DSCR
0.44
Underwater
Cash-on-Cash
-11.16%
Monthly Payment
$15,287.634
Annual Cash Flow
$-103,451.608

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