4921 Gary St - Apartments FOR SALE


San Diego, CA 92115- College East
$1,395,000 USD
408-368-5225
4921 Gary St, San Diego, CA for Sale
$1,395,000 USD
Apartments - FOR SALE
1/14
null | 4.75% Cap Rate

4921 Gary St
San Diego, CA 92115
College East


HIGHLIGHTS

  • 5BD/2BA and 1BD/1BA layout diversifies income and reduces vacancy risk.
  • Turnkey duplex with zero deferred maintenance, ready for immediate cash flow.
  • Generates $8,340/month in combined rental income across two units.

OVERVIEW

4921-23 Gary St is a brand-new construction duplex in the heart of the SDSU rental community, offering a rare turnkey investment opportunity. The property features a spacious 5BD/2BA unit alongside a 1BD/1BA unit, generating $8,340/month in combined rental income in one of San Diego's most consistently in-demand rental markets. Both units offer beautiful, brand-new interiors with zero deferred maintenance, giving new ownership immediate cash flow from day one. Driveway parking adds valuable convenience in a submarket where off-street parking is highly sought after. Ideally positioned near SDSU, transit, and neighborhood retail, this asset offers strong leasing velocity, and long-term rental stability.

FOR SALE DETAILS

PRICE

$1,395,000 USD

PRICE/SF

$978 USD /SF

# OF UNITS

2

PRICE/UNIT

$697,500

CAP RATE

4.75%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4921-23 Gary St, San Diego, CA 92115

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,300 SF

ZONING

RS-1-7

APN/PARCEL ID

467-222-04-00

ASK ABOUT THIS PROPERTY

Daniel SipherLandmark Multifamily And DevelopmentMore Info
408-368-5225

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Daniel SipherLandmark Multifamily And DevelopmentMore Info
408-368-5225

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