351-363 Gavin Street

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351-363 Gavin Street

San Diego, CA 92102
Asking Price
$1.39M
Cap Rate
3.19%
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

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

  • Multifamily residential building containing four distinct rental units
  • Priced for acquisition at one million three hundred eighty-five thousand dollars
  • Current asset performance reflects a three point one nine percent cap rate
  • Located in San Diego within the 92102 postal region
  • Provides investment exposure to the stable Southern California multifamily sector

What's Special

Investors seeking to bolster their multifamily portfolios will find this four-unit apartment building a practical addition in the San Diego market. Situated within the 92102 ZIP code, the asset provides a consistent residential rental option in a region characterized by dense urban living and strong demand for workforce housing. Its configuration allows for streamlined management while securing a foothold in a major Southern California metropolitan center known for its steady population growth and robust coastal economy. Prospective owners can leverage the property to capitalize on the ongoing need for housing near the urban core, offering a reliable income stream derived from its multi-unit structure. The building occupies a strategic position that benefits from the surrounding infrastructure and established community amenities typical of the area. This multifamily asset represents a focused investment in a competitive submarket where residential inventory remains a perennial necessity for both tenants and local property owners.

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NOI
$80,000
Cap Rate
5.78%
DSCR
0.97
Underwater
Cash-on-Cash
-0.54%
Monthly Payment
$6,852.224
Annual Cash Flow
$-2,226.692

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