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4204-4208 40th St
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- The property is offered for sale at a price of $1,095,000.
- This apartment building contains a total of four residential units.
- The investment currently generates a cap rate of 5.9 percent.
- The asset is situated in the San Diego zip code 92105.
- It is a multifamily apartment asset located in Southern California.
What's Special
Priced at $1,095,000, this multifamily apartment building located at 4204-4208 40th St in San Diego, CA, presents a stabilized investment in a high-demand rental market. The property consists of four units, reflecting a 5.9% cap rate. San Diego remains a primary hub for employment in sectors such as defense, research, and tourism, consistently driving steady demand for residential housing near the urban core. This apartment asset serves as an addition to an existing portfolio or a primary acquisition for investors seeking yield in the Southern California market. The building is positioned to benefit from the ongoing population growth and economic stability inherent to the region. With its current configuration, the property accommodates tenants looking for accessible living arrangements within a dense, well-connected metropolitan submarket. The site's location within 92105 offers proximity to regional transit arteries, supporting long-term occupancy potential for diverse demographics.
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