2521 Columbia St - Apartments FOR SALE


San Diego, CA 92103- Midway District
$4,500,000 USD
858-859-9737
2521 Columbia St, San Diego, CA for Sale
$4,500,000 USD
Apartments - FOR SALE
1/10
null | 4.43% Cap Rate

2521 Columbia St
San Diego, CA 92103
Midway District


HIGHLIGHTS

  • Nine units are newly constructed + 3 Fully renovated units.
  • Well appointed studios with AC, Laundry, and new kitchen appliances.
  • Hedge on AB 1482 Rent Control Laws.
  • Centrally Located- 89 walk score.
  • Fire suppression system in place.
  • Fiber internet ready.

OVERVIEW

Experience the perfect blend of past and present. Our fully gated property features a beautifully renovated 1938 building with spacious 1 and 2-bedroom units, alongside a brand-new, state-of-the-art studio building completed in 2025. The subject property boasts new, fully appointed all-electric studios (~300 sq. ft.) are the pinnacle of modern, efficient living. Four units are designated for affordable housing. Tenants enjoy all the desirable amenities that include, private AC, Washer/Dryer, New appliances, Dual pane windows, stone countertops, recessed lighting, large bathroom space. The property offers gated entry, fire suppression system, water sub-meters, individual electric meters, fiber internet and more. Enjoy enhanced security, peace of mind, and a lifestyle where thoughtful design meets ultimate convenience. Whether you prefer historic charm or brand-new construction, your sophisticated urban sanctuary awaits.

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$873 USD /SF

# OF UNITS

12

PRICE/UNIT

$375,000

CAP RATE

4.43%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1938

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,053 SF

ZONING

CC-3-4

APN/PARCEL ID

533-055-05

ASK ABOUT THIS PROPERTY

Aziz ZakkoutZakkout Real Estate ServicesMore Info
858-859-9737

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Aziz ZakkoutZakkout Real Estate ServicesMore Info
858-859-9737

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