2722 Nye St - Apartments FOR SALE


San Diego, CA 92111- Linda Vista
$2,715,000 USD
858-761-2529
2722 Nye St, San Diego, CA for Sale
$2,715,000 USD
Apartments - FOR SALE
1/61
null | 5% Cap Rate

2722 Nye St
San Diego, CA 92111
Linda Vista


HIGHLIGHTS

  • ?Brand new construction completed in 2026
  • ?Prime Linda Vista Location (92111) near major employment hubs including Sorrento Valley, UTC, and Miramar
  • ?Six-Unit Multifamily Asset with 83.33% two-bedroom floorplans
  • ?Premium designer fixtures and finishes, in-unit washers & dryers, split level HVAC systems, and select units with patios or balconies
  • ?Drought tolerant landscaping, drip irrigation, energy efficient lighting and rooftop solar
  • ?Market-rate / New construction asset provides shelter from California AB-1482 rent control measures

OVERVIEW

We are pleased to present “Atlas 6 on Nye” a newly completed six-unit multifamily community located in the highly accessible Linda Vista neighborhood of San Diego. This sleek boutique property offers a compelling combination of high-quality construction, modern interiors, and stable rental demand - all within one of San Diego’s most strategically positioned submarkets. Completed in 2026, Atlas 6 on Nye consists of one (1) one-bedroom/one-bathroom unit and five (5) two-bedroom/one-bathroom units ranging from approximately 471 to 770 square feet. Four of the units were newly constructed in 2026 to complement the extensive renovations on the existing two units. Each unit features a thoughtfully designed layout to maximize living space and functionality for today’s urban renter. Interiors feature plenty of natural sunlight and are appointed with high ceilings, oversized windows, premium designer fixtures and finishes, quartz countertops, wood cabinetry, stainless-steel appliances, luxury vinyl-plank flooring, custom tile shower enclosures, ample closet space, recessed and pendant lighting, ceiling fans, split-level HVAC systems, and in-unit washers and dryers. Additionally, the property is located in a low-density residential neighborhood providing ample street parking available for all tenants. Centrally located just minutes from the University of San Diego (USD), Mission Valley, the Morena Corridor, and major transportation routes (I-5 & I-8), “Atlas 6 on Nye” benefits from excellent connectivity and tenant accessibility. The property is ideally suited for students, professionals, and residents seeking convenient access to education, employment, and lifestyle amenities. With off-street parking, minimal operational complexity, and potential for future enhancements such as accessory storage or shared amenities, “Atlas 6 on Nye represents a rare opportunity to acquire a low-maintenance, income producing asset in one of San Diego’s most resilient rental markets.

FOR SALE DETAILS

PRICE

$2,715,000 USD

PRICE/SF

$700 USD /SF

# OF UNITS

6

PRICE/UNIT

$452,500

CAP RATE

5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2722 Nye Street

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,700 SF

ZONING

RM-1-1

APN/PARCEL ID

431-672-13

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.