2470 C St - Apartments FOR SALE


San Diego, CA 92102- Golden Hill
$8,200,000 USD
858-761-2529
2470 C St, San Diego, CA for Sale
$8,200,000 USD
Apartments - FOR SALE
1/22
null | 5.5% Cap Rate

2470 C St
San Diego, CA 92102
Golden Hill


HIGHLIGHTS

  • Diversified unit mix consisting of studio, one-bedroom, and two-bedroom floorplans across approximately 21,546 rentable square feet.
  • Prime Golden Hill Location: just east of Downtown San Diego, minutes from Balboa Park, San Diego City College, major freeways, and nearby dining,
  • Spacious units with modern upgrades featuring bright kitchens with stainless steel appliances, generous closet space.
  • Desirable amenity package for Tenants including on-site laundry facilities, secured building entry, and one assigned parking space per unit.
  • Strong renter appeal driven by walkability, convenient freeway access, proximity to Downtown San Diego, and quick connectivity to major employment.

OVERVIEW

We are pleased to present Golden View, a 28-unit multifamily community located at 2470 C Street in San Diego, CA. Situated on approximately 0.33 acres in the heart of Golden Hill, the property offers investors the opportunity to acquire a well-located apartment asset in one of San Diego’s most established, walkable, and centrally positioned urban submarkets. Golden View features a diversified unit mix of studio, one-bedroom, and two-bedroom floorplans totaling approximately 21,546 rentable square feet. The unit mix includes three (3) studio units averaging 442 square feet, fifteen (15) one-bedroom/one-bathroom units averaging 765 square feet, one (1) two-bedroom/one-and-a-half-bathroom unit at 832 square feet, eight (8) two-bedroom/two-bathroom units averaging 862 square feet, and one (1) large non-conforming studio unit at 1,017 square feet. The property’s varied floorplan offering supports broad renter appeal, while select spacious units feature bright kitchens with stainless steel appliances, generous closet space, secured access, elevator service, on-site laundry, and assigned parking. Ideally positioned just east of Downtown San Diego, Golden View places residents near Balboa Park, San Diego City College, major freeways, and a wide range of dining, nightlife, shopping, and entertainment venues. The property combines convenient access to San Diego’s major employment and lifestyle destinations with the neighborhood character and walkability that continue to drive renter demand in Golden Hill. With its central location, meaningful scale, diversified unit mix, and resident amenities, Golden View represents a compelling opportunity to acquire a stabilized multifamily asset in a highly supply-constrained San Diego rental market.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$392 USD /SF

# OF UNITS

28

PRICE/UNIT

$292,857

CAP RATE

5.5%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Golden View Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

RM-1-1

APN/PARCEL ID

534-271-11

ASK ABOUT THIS PROPERTY

Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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