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3775 - 3779 Teak Street
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Multifamily apartment building located in San Diego, California
- The property consists of 3 individual residential units
- Current asking price for the asset is 1,424,595 dollars
- The investment carries a recorded cap rate of 4 percent
- Positioned in a dense market with consistent housing demand
What's Special
San Diego remains a highly competitive real estate market, driven by consistent demand for housing and its robust regional economy. The apartment building located at 3775 - 3779 Teak Street sits within this vibrant coastal city, providing accessibility to major employment hubs and essential transit corridors. This multifamily asset comprises 3 units, presenting a straightforward investment vehicle for those seeking to expand their residential portfolio in a dense urban environment. Investors looking for income-producing properties will note the current 4% cap rate associated with this site. The configuration of the building allows for residential occupancy, meeting the ongoing need for rental inventory in the San Diego region. Given the stable nature of the local housing sector, this acquisition serves as a functional addition for operators focused on long-term capital preservation and steady cash flow in a high-barrier-to-entry market.
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