2015 Albatross St - Apartments FOR SALE


San Diego, CA 92101- Bankers Hill
$3,995,000 USD
858-699-6000
2015 Albatross St, San Diego, CA for Sale
$3,995,000 USD
Apartments - FOR SALE
1/14
null | 4.59% Cap Rate

2015 Albatross St
San Diego, CA 92101
Bankers Hill


HIGHLIGHTS

  • Prime Little Italy Location – Steps from top restaurants, cafés, bars, and the Bay; one of San Diego’s most desirable rental markets.
  • New Construction (Built 2022) – Modern design, energy-efficient systems, and minimal maintenance for years ahead.
  • Turnkey Investment – Fully operational and well-maintained, offering immediate rental income with strong tenant demand.
  • Short-Term Rental Potential – Ideal layout and location for furnished or corporate rentals with excellent nightly rates.
  • Modern Unit Mix – A blend of studios, one-bedroom, and two-bedroom units catering to diverse tenant profiles.
  • High-End Finishes – Stainless-steel appliances, quartz countertops, modern cabinetry, and in-unit washer/dryers.

OVERVIEW

Investment Opportunity – Albatross Apartments, Little Italy Welcome to Albatross, a modern gated apartment community built in 2022, perfectly located in the heart of Little Italy, one of San Diego’s most vibrant and desirable neighborhoods. This turnkey multifamily asset features contemporary studios, spacious one-bedrooms, and two-bedrooms, many offering breathtaking views of the bay and downtown skyline. Each apartment offers a bright, open layout with modern kitchens, stainless steel appliances, in-unit washer/dryer, and private gated entries. The property includes 7 secured garage parking spaces and provides unbeatable walkability to restaurants, cafés, nightlife, the Bay, and Balboa Park. A rare opportunity to own a 2022-built, high-demand investment property in a prime location ideal for short-term rentals and strong long-term appreciation potential.

FOR SALE DETAILS

PRICE

$3,995,000 USD

PRICE/SF

$672 USD /SF

# OF UNITS

7

PRICE/UNIT

$570,714

CAP RATE

4.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Albatross

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2022

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,855 SF

ZONING

RM-3-7

APN/PARCEL ID

533-163-05

ASK ABOUT THIS PROPERTY

Saeid BahaBaha & Associates IncMore Info
858-699-6000

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

Saeid BahaBaha & Associates IncMore Info
858-699-6000

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