8353 Ivory Coast Dr - Multi-Family FOR SALE


San Diego, CA 92126- Mira Mesa
$3,895,000 USD
858-761-2529
8353 Ivory Coast Dr, San Diego, CA for Sale
$3,895,000 USD
Multi-Family - FOR SALE
1/101
null | 4.5% Cap Rate

8353 Ivory Coast Dr
San Diego, CA 92126
Mira Mesa


HIGHLIGHTS

  • Brand new construction completed in 2026
  • Prime Mira Mesa Location (92126) near major employment hubs including Sorrento Valley, UTC, and Miramar.
  • Eight-Unit Multifamily Asset with a diverse mix of one-, two-, and three-bedroom residences.
  • Modern fixtures & finishes, stainless steel appliances, in-unit laundry, and high ceilings
  • Drought tolerant landscaping, drip irrigation, energy efficient lighting and rooftop solar
  • Market-rate / New construction asset provides shelter from California AB-1482 rent control measures

OVERVIEW

We are pleased to present 8353 Ivory Coast Drive, an eight-unit multifamily property located in the highly desirable Mira Mesa (92126) submarket of San Diego. Known for its strong residential appeal, proximity to major employment hubs, and convenient access to retail and transportation, Mira Mesa continues to experience consistent rental demand and long-term growth. The property features a diverse and well-balanced unit mix, consisting of four one-bedroom/one-bathroom units, two two-bedroom/one-bathroom units, one two-bedroom/one-and-a-half-bathroom unit, and one three-bedroom/two-bathroom unit. This range of unit types allows the property to attract a broad tenant base, from individuals to larger households, supporting stable occupancy and long-term leasing flexibility. Conveniently located near major shopping centers, dining options, and everyday services, 8353 Ivory Coast Drive also benefits from close proximity to key employment corridors including Sorrento Valley, UTC, and Miramar. With easy access to major freeways, residents enjoy seamless connectivity throughout San Diego County. The property represents a compelling opportunity to acquire a well-positioned, income-producing asset in one of San Diego’s most established and high-demand rental markets.

FOR SALE DETAILS

PRICE

$3,895,000 USD

PRICE/SF

$774 USD /SF

# OF UNITS

8

PRICE/UNIT

$486,875

CAP RATE

4.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8353 Ivory Coast Drive

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

311-072-06-00

ASK ABOUT THIS PROPERTY

Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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

Austin Ray HuffmanMarcus & MillichapMore Info
858-761-2529

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