2956 Ulric St - Apartments FOR SALE


San Diego, CA 92111- Linda Vista
$2,310,000 USD
858-876-5701
2956 Ulric St, San Diego, CA for Sale
$2,310,000 USD
Apartments - FOR SALE
1/30
null | 4.35% Cap Rate

2956 Ulric St
San Diego, CA 92111
Linda Vista


HIGHLIGHTS

  • Detached 2BR/1BA home + two newly constructed 3BR/2.5BA townhomes
  • New construction and fully remodeled improvements with NO future capital needs
  • Located in Linda Vista, a central San Diego rental pocket near USD, the bay, Clairemont, beaches, and major freeways

OVERVIEW

Viewings with accepted offers only. An exceptional opportunity for investors seeking a truly hands-off, stabilized asset in one of San Diego’s most consistently strong rental pockets. Linda Vista continues to stand out as a central suburb with convenient access to the bay, Clairemont, USD, and major employment hubs—driving steady tenant demand and long-term rent growth. Unlike many opportunities in this price range, where buyers are required to inject additional capital into renovations or reposition under-market units, this property offers a rare alternative: new construction and fully remodeled units that provide immediate stability and peace of mind, minimizing future capital expenditures. The property consists of a detached 2BR/1BA home and two newly constructed 3BR/2.5BA townhomes, each featuring attached garages and private patios. Interiors are thoughtfully designed with quartz countertops, modern cabinetry, in-unit laundry, and high-end finishes that appeal to quality long-term tenants. Situated on a 5,800 SF lot with 3,146 SF of net rentable space, the property is well-positioned to attract students, professionals, and families alike.

FOR SALE DETAILS

PRICE

$2,310,000 USD

PRICE/SF

$734 USD /SF

# OF UNITS

3

PRICE/UNIT

$770,000

CAP RATE

4.35%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,898 SF

ZONING

RM-1-1

APN/PARCEL ID

431-641-08

ASK ABOUT THIS PROPERTY

Christina LabowiczACI ApartmentsMore Info
858-876-5701

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Christina LabowiczACI ApartmentsMore Info
858-876-5701

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