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This multifamily apartment building in San Diego, California is now available for sale, providing an entry point for investors seeking to grow their portfolio in a established urban market. The property consists of nine units, offering a stable asset class in the 92116 zip code. San Diego maintains a robust economy supported by a diverse base of education, healthcare, and tourism sectors, consistently driving rental demand across the region. Investors can benefit from the property's prime positioning within this coastal metro area, where density and proximity to major employment hubs support long-term occupancy goals for residential holdings. Given the unit count and location, this building functions as a practical vehicle for those looking to manage a residential investment in a competitive Southern California submarket. The financial profile, highlighted by a 4.6% cap rate, reflects the asset's current performance metrics for prospective buyers evaluating residential income properties in this specific geographic cluster.
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