1903 K St - Apartments FOR SALE


San Diego, CA 92102- Sherman Heights
$3,300,000 USD
858-945-7094
1903 K St, San Diego, CA for Sale
$3,300,000 USD
Apartments - FOR SALE
1/15
null | 7.2% Cap Rate

1903 K St
San Diego, CA 92102
Sherman Heights


OVERVIEW

1903 K Street is a centrally located Single Room Occupancy (SRO) property offering in-place income in San Diego’s urban core. The property benefits from proximity to Downtown San Diego, employment centers, public transportation, and major freeway access. The existing SRO configuration provides a steady rental model serving consistent demand for attainable housing. The asset is well-positioned for investors seeking current cash flow in a supply-constrained infill location. Convenient access to nearby amenities, transit corridors, and regional employment hubs enhances long-term tenant demand.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$277 USD /SF

# OF UNITS

28

PRICE/UNIT

$117,857

CAP RATE

7.2%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Shepard's Garden

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

C

APN/PARCEL ID

535-413-16

ASK ABOUT THIS PROPERTY

Aaron BoveColliersMore Info
858-945-7094

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Aaron BoveColliersMore Info
858-945-7094

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.