6728 Thomson Ct - Apartments FOR SALE


San Diego, CA 92111- Linda Vista
$2,550,000 USD
858-204-2836
6728 Thomson Ct, San Diego, CA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/47
null | 5.26% Cap Rate

6728 Thomson Ct
San Diego, CA 92111
Linda Vista


HIGHLIGHTS

  • Built in 2024 and Fully Stabilized
  • 5.26% Current Cap Rate | $16,075/Month Gross Rental Income
  • Superior Unit Mix: 3-Bed+3-Bath Townhomes (2), 2-Bed+1 Bath (2), and One Studio
  • HVAC and Washer/Dryer in Every Unit
  • Ocean & Canyon Views from 3-Bed Balconies

OVERVIEW

We are pleased to present Thomson Five, a newly constructed, fully stabilized 5-unit multifamily asset in the supply-constrained Linda Vista submarket of central San Diego. Completed in 2024 and delivered fully leased, the Property offers brand-new construction, a premium large-format unit mix, and immediate income. The Property features two 3-bedroom/3-bathroom townhome-style units at 1,200 SF with private balconies and sweeping canyon and ocean views, two 2-bedroom/1-bathroom units at 750 SF, and a detached private studio at 254 SF All residences include quartz waterfall countertops, stainless steel appliances, in-unit washer/dryer, split-system HVAC, and private outdoor space. The 3-bed units also feature 12 solar panels, offsetting tenant utility expenses. As a newly constructed asset, 6728 Thomson Court is exempt from California's AB 1482 rent control provisions for 15 years from completion, providing exceptional flexibility for future rent growth. Current gross income totals $16,075/month ($192,900 annualized), with a pro forma of $16,600/month ($200,400 annualized) at market rents. Offered at $2,550,000, which is a 5.26% current cap rate (5.54% pro forma), $510,000/unit, and $614/SF. Contact listing broker for OM and financials.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$603 USD /SF

# OF UNITS

5

PRICE/UNIT

$510,000

CAP RATE

5.26%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Thomson Five

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,493 SF

ZONING

-

APN/PARCEL ID

431-210-65-00

ASK ABOUT THIS PROPERTY

Andy KaiserNewmarkMore Info
858-204-2836

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Andy KaiserNewmarkMore Info
858-204-2836

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