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Priced at $5,650,000, this 13-unit apartment building located at 4578 Jicarillo Ave in San Diego presents a fully leased multifamily investment opportunity. The property reflects modern construction standards and currently generates income under its existing tenancy. Situated in the 92117 zip code, the asset benefits from the sustained demand for high-quality residential space within the broader San Diego metropolitan area, a region characterized by a robust rental market and consistent population growth. This multifamily asset functions as an efficient addition to a residential investment portfolio. With a 5.27% cap rate, the building serves as a stable income-producing vehicle in one of Southern California's most resilient real estate markets. The combination of current full occupancy and new construction quality reduces immediate capital expenditure requirements for incoming owners. Investors may leverage the location's proximity to regional employment hubs and transit corridors to maintain long-term asset performance.
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