5548 Riley St - Apartments FOR SALE


San Diego, CA 92110- Morena
$4,995,000 USD
619-784-1031
5548 Riley St, San Diego, CA for Sale
$4,995,000 USD
Apartments - FOR SALE
1/14
null | 4.59% Cap Rate

5548 Riley St
San Diego, CA 92110
Morena


HIGHLIGHTS

  • New Construction (2020)
  • Rare Prime West Mission Valley Multifamily Offering
  • Excellent Unit Mix – 3 Bedroom & 2 Bedroom Units
  • Spacious Floor Plans w/ In-Unit Washer/Dryer
  • High Demand Rental Market
  • Adjacent to Mission Bay, SeaWorld, Univ. of San Diego

OVERVIEW

Rare multifamily offering in Mission Valley West – adjacent to Mission Valley and only a few minutes’ walk to the University of San Diego. The Carl – Modern Living is a newly built (2020) luxury apartment complex with thoughtful contemporary Finishes and Modern design elements with incorporated technology. This turnkey opportunity has a highly desirable unit mix, comprised of four (4) 3bdrm/2bthrm units, three (3) 2bdrm/1bthrm units and a spacious 3bdrm/2bthrm stand-alone house in the front. Tenants enjoy amenities such as, high ceilings, stainless steel appliances, in-unit washer and dryer, communal areas (including a roof deck), balconies, air-conditioning and kitchen islands, among many others. This is a great opportunity for an investor seeking an absolute turnkey property in one of San Diego’s best and most convenient locations.

FOR SALE DETAILS

PRICE

$4,995,000 USD

PRICE/SF

$721 USD /SF

# OF UNITS

8

PRICE/UNIT

$624,375

CAP RATE

4.59%

% 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.