2201 Burroughs St - Apartments FOR SALE


San Diego, CA 92111- Linda Vista
$1,985,000 USD
858-336-9688
2201 Burroughs St, San Diego, CA for Sale
$1,985,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

2201 Burroughs St
San Diego, CA 92111
Linda Vista


HIGHLIGHTS

  • Appreciating submarket with consistently rising tenant demand
  • Prime value add investment & development opportunity in a rapidly gentrifying area
  • Zoned RM-2-5 in a designated Sustainable Development Area of San Diego
  • Direct access to I-5, I-8, and SR-163 allows for seamless connectivity throughout San Diego County
  • 5 minutes away from Mission/Fashion Valley and its major employment hubs
  • Walking distance from Linda Vista Square & MTS bus lines

OVERVIEW

2201-7 Burroughs St offers a rare value-add opportunity on a large 16,372 SF lot in the heart of Linda Vista. The property consists of four spacious units — one 4-bedroom/2-bath and three 3-bedroom/1-bath — with strong rental demand in the immediate area. Existing rents are well below market, creating clear and significant upside potential through strategic improvements and management. Zoned RM-2-5 and located within a designated Sustainable Development Area, the property offers additional long-term potential for increased density or redevelopment. With its desirable location, large lot, and flexible zoning, this is an ideal opportunity for investors looking to reposition an asset and/or explore future development options in a growing San Diego submarket. In an area that is quickly gentrifying, this property provides the opportunity to own an asset that will only continue to appreciate over time. Direct access to the I-5, I-8, and SR-163 makes transportation throughout San Diego County and accessibility to major employment hubs in the city seamless. Less than 5 minutes away from major employers in Mission/Fashion Valley and the University of San Diego, the demand to live in the area will always be there whether it's families, students, or young professionals. 2201-7 Burroughs St is the opportunity to own a high upside asset in a high demand area.

FOR SALE DETAILS

PRICE

$1,985,000 USD

PRICE/SF

$475 USD /SF

# OF UNITS

4

PRICE/UNIT

$496,250

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,372 SF

ZONING

RM-2-5

APN/PARCEL ID

432-060-18

ASK ABOUT THIS PROPERTY

Jason LeeNara AdvisorsMore Info
858-336-9688

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Jason LeeNara AdvisorsMore Info
858-336-9688

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