Berkadia is pleased to present Kaya, a newly delivered 78-unit trophy asset in the heart of Bankers Hill, one of San Diego’s most coveted urban neighborhoods. Built in 2025, Kaya combines striking, design-forward architecture with durable real estate fundamentals in a premier walkable location adjacent to Balboa Park and moments from Downtown, Hillcrest, and Little Italy.
Kaya presents a rare opportunity to acquire a newly constructed, highly differentiated asset featuring an average unit size of 770 SF, strong in-place rents averaging $3,907 per unit, and a compelling neighborhood renter profile supported by $115,707 average household income, 71.5% renter occupancy, and $1.15 million median home sale prices in the surrounding neighborhood. Kaya also benefits from a built-in lifestyle amenity with Communal Coffee occupying the ground-floor retail space, further enhancing the resident experience and street-level activation.
With its elevated design, irreplaceable Bankers Hill location, proximity to San Diego's major employment centers and lifestyle amenities, Kaya offers investors the chance to acquire a true best-in-class urban core asset.