4562-4564 32nd

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4562-4564 32nd

San Diego, CA 92116
Asking Price
$1.10M
Cap Rate
3.93%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building listed for sale at $1,100,000
  • Current asset performance reflects a 3.93% cap rate
  • Residential building configured with two total units
  • Located within the desirable San Diego, California market
  • Positioned in the 92116 area with proximity to amenities

What's Special

Priced at $1,100,000, this multifamily apartment building located in the 92116 zip code of San Diego presents a two-unit investment asset. The property currently operates at a 3.93% cap rate, positioning it within the competitive San Diego housing market. This region remains a primary hub for employment and coastal residential demand, characterized by high barriers to entry and consistent rental occupancy rates across the metro area. Small-scale multifamily assets in this urban pocket serve as viable options for long-term hold strategies or portfolio diversification. Given the unit count, the building provides a manageable scale for investors focused on residential property management within Southern California. Its placement in San Diego offers proximity to significant infrastructure and neighborhood amenities that drive tenant desirability in one of the state's most populous regions.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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