307 Sycamore Rd - Apartments FOR SALE


San Ysidro, CA 92173
$9,250,000 USD
858-945-7094
307 Sycamore Rd, San Ysidro, CA for Sale
$9,250,000 USD
Apartments - FOR SALE
1/38
null | 5.03% Cap Rate

307 Sycamore Rd
San Ysidro, CA 92173


HIGHLIGHTS

  • Spacious three- and four-bedroom layouts ranging from ±1,680 to ±1,745 SF
  • Condo-mapped ownership structure provides investors with enhanced future exit flexibility
  • Exempt from AB 1482 rent control and San Diego TPO through 2031
  • Quartz countertops, stainless steel appliances, and contemporary interiors
  • Direct-entry, two-car garages included with every unit

OVERVIEW

The Bove Investment Team is pleased to present Raintree Terrace, a rare opportunity to acquire a newer construction located at 307 Sycamore Road in San Ysidro, California. Built in 2016, the property consists exclusively of spacious three- and four-bedroom floor plans averaging approximately 1,700 square feet, a highly differentiated product type within the South Bay rental market. The project offers an attractive combination of modern construction, strong in-place cash flow, operational simplicity, and significant rental upside through continued market growth and strategic management. Additionally, the property is exempt from California AB 1482 rent control and the City of San Diego Tenant Protection Ordinance (TPO) through 2031 under the first 15 years of new construction exemption, providing investors enhanced operational flexibility and long-term revenue growth potential. Positioned on approximately 0.98 acres, Raintree Terrace features a gated residential environment with direct-entry two-car garages, private balconies, full-size washers and dryers, quartz countertops, stainless steel appliances, central air conditioning, and open-concept layouts designed to appeal to family-oriented renters seeking the functionality of a home with the convenience of professionally managed rental housing. The asset benefits from strong regional connectivity with immediate access to Interstate 5, Interstate 805, SR-905, the San Ysidro Port of Entry, and major employment corridors throughout South San Diego County.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$298 USD /SF

# OF UNITS

18

PRICE/UNIT

$513,889

CAP RATE

5.03%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Raintree Terrace

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2016

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.98 AC

LAND SF

42,689 SF

ZONING

RM-1-1

APN/PARCEL ID

666-150-08

ASK ABOUT THIS PROPERTY

Aaron BoveColliersMore Info
858-945-7094

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Aaron BoveColliersMore Info
858-945-7094

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