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.