5548 Riley St - Apartments FOR SALE


San Diego, CA 92110- Morena
$4,665,000 USD
619-784-1031
5548 Riley St, San Diego, CA for Sale
$4,665,000 USD
Apartments - FOR SALE
1/15
null | 5% Cap Rate

5548 Riley St
San Diego, CA 92110
Morena


HIGHLIGHTS

  • New Construction (2020) - Exempt from AB-1482
  • Adjacent to the University of San Diego
  • Excellent Unit Mix – 3 Bedroom & 2 Bedroom Units
  • In-Unit Washer/Dryer
  • Near Mission Bay, SeaWorld and Beaches
  • Walking Distance to Trolley, Shops & University (WalkScore of 81)

OVERVIEW

**8-Units , New Construction (2020), Adjacent to the University of San Diego** • In-Place 5% Cap Rate (13.41 GRM) • Exempt from AB-1482 (Rent Control) • Rare West Mission Valley /Fashion Valley Offering • Near Mission Bay, SeaWorld and Beaches • In-Unit Washer/Dryer • Contemporary Design and Finishes • Outdoor Rooftop Deck w/ Views • Secured Entry & Smart Home Technology • Excellent Unit Mix: 3Bedroom & 2Bedroom Units • High Demand Rental Market • Easy Access to Local Services and Major Freeways • Walking Distance to Trolley, Shops & University (WalkScore of 81)

FOR SALE DETAILS

PRICE

$4,665,000 USD

PRICE/SF

$674 USD /SF

# OF UNITS

8

PRICE/UNIT

$583,125

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

"The Carl" Newer Construction Near USD

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2022

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,356 SF

ZONING

RM-3-7

APN/PARCEL ID

436-552-22

ASK ABOUT THIS PROPERTY

James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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James V. CarterApartment Realty Group, IncMore Info
619-784-1031

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