3093 Broadway - Apartments FOR SALE


San Diego, CA 92102- Golden Hill
$6,550,000 USD
858-735-6632
3093 Broadway, San Diego, CA for Sale
$6,550,000 USD
Apartments - FOR SALE
1/5
null | 5.14% Cap Rate

3093 Broadway
San Diego, CA 92102
Golden Hill


HIGHLIGHTS

  • New 2024 Construction
  • Golden Hill Location
  • Well Balanced Unit Mix Of 3 Bedroom, 2 Bedroom, & 1 Bedroom Units
  • Off Street Parking On 3rd Level Off The Alley
  • All Units With A Balcony Or Patio
  • HVAC & Washer / Dryers In Each Unit

OVERVIEW

Marcus & Millichap is pleased to present the Chenore Ridge Apartments, a luxury apartment complex located at 3093 Broadway in San Diego, California. Newly built in 2024, the 12- unit apartment complex is located in the highly desirable neighborhood of Golden Hill. The building has approximately 14,258 square feet and rests on a 7,418 square foot lot. Boasting a well-balanced unit mix, the complex consists of (5) three bedroom / two bathroom units, (6) two bedroom / two bathroom units, and (1) one bedroom / one bathroom unit. Attractive tenant offerings include: In-unit laundry, most units with balconies or patios, HVAC in all units, submetered water, security camera system with secure fob entry, and (13) off-street parking spaces. This new build has luxurious interiors including open living spaces with high ceilings, premium luxury vinyl plank flooring, high-end granite countertops, and decorator tubs and showers. Residents also have the experience of gigabit internet, lush landscaping and more! With the recent construction of the property, a prime opportunity exists to adjust rents to current market rates, unlocking potential for maximizing overall cash flow. Located only one block away from 30th Street, the property is within walking distance to all the best Golden Hill has to offer. The property also enjoys proximity to the 94 freeway. The Chenore Ridge Apartments ultimately presents investors with the unique opportunity to acquire a well maintained, turnkey asset in the heart of one of San Diego’s most desirable rental markets.

FOR SALE DETAILS

PRICE

$6,550,000 USD

PRICE/SF

$459 USD /SF

# OF UNITS

12

PRICE/UNIT

$545,833

CAP RATE

5.14%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chenore Ridge Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2024

PARKING SPACES

13

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

539-601-24

ASK ABOUT THIS PROPERTY

Raymond ChoiMarcus & MillichapMore Info
858-735-6632

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Raymond ChoiMarcus & MillichapMore Info
858-735-6632

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