The subject investment presents a rare opportunity to acquire two 8-unit multifamily properties in Central San Diego. Both assets have been professionally managed and well maintained, featuring newer windows, gated access, on-site laundry, and reserved parking. Current rents are below market, with the majority of tenants on month-to-month leases, providing a clear path to rental upside.
Each property currently has one vacancy, offering immediate income growth potential. Located less than one mile apart, the properties allow for operational efficiencies and ease of management for a new owner.