6407-13 Richard st - Apartments FOR SALE


San Diego, CA 92115- College East
$2,995,000 USD
760-419-1343
6407-13 Richard st, San Diego, CA for Sale
$2,995,000 USD
Apartments - FOR SALE
1/14
null | 5.9% Cap Rate

6407-13 Richard st
San Diego, CA 92115
College East


OVERVIEW

TURN KEY 4-unit SDSU student rental property offered at a 5.9% CAP rate WITH MANAGEMENT in place! 6407-13 Richard St is comprised of (1) 5BR/3BA, (2) 4BR/2BA, and (1) 3BR/2BA - totalling 16beds/9baths and 4,410 sqft. Current management is very effective in negotiating high rental lease rates and can continue. Excellent Turn-Key return for an investor. These properties operate on 12 month lease with early renewals so vacancy averages less than 2%. This new construction property is expected to generate $20,200/month starting August 2026 rented on a year lease to students

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$679 USD /SF

# OF UNITS

4

PRICE/UNIT

$748,750

CAP RATE

5.9%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6407 Richard St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

RS-1-7

APN/PARCEL ID

463-264-01

ASK ABOUT THIS PROPERTY

Alexio BarbaraBridgepoint Realty Inc.More Info
760-419-1343

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Alexio BarbaraBridgepoint Realty Inc.More Info
760-419-1343

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