4625-4635 62nd Street

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4625-4635 62nd Street

San Diego, CA 92115
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily apartment building available for purchase in San Diego
  • Asset consists of six residential rental units
  • Located within the 92115 zip code of California
  • Property suits investors seeking urban residential inventory
  • Well-positioned for consistent demand in the San Diego market

What's Special

This multifamily apartment building is currently for sale, representing a functional addition to a portfolio for investors focused on the San Diego residential market. Situated in the 92115 zip code, the property encompasses six units, making it an efficient acquisition for those seeking stable rental housing assets in a dense urban environment. The site is positioned within a well-established submarket that benefits from proximity to regional transit arteries and the broader economic stability of Southern California. With its current configuration, the asset serves as a straightforward candidate for long-term hold strategies or repositioning efforts aimed at local workforce housing needs. Investors will find the location conducive to maintaining steady occupancy levels given the consistent demand for apartment inventory across the metro area. Its scale allows for manageable operations while providing a foothold in one of the most resilient real estate corridors in the region.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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