942 23rd St - Apartments FOR SALE


San Diego, CA 92102- Golden Hill
$2,550,000 USD
619-226-6011
942 23rd St, San Diego, CA for Sale
$2,550,000 USD
Apartments - FOR SALE
1/23
null | 5.53% Cap Rate

942 23rd St
San Diego, CA 92102
Golden Hill


HIGHLIGHTS

  • Stabilized short/medium term rental
  • High occupancy
  • Walkable neighborhood
  • Continued short term rental management available

OVERVIEW

Prime Golden Hill multifamily opportunity. 5 legal units + 1 non-conforming unit currently operating as short and medium-term rentals. All units are renovated and well-maintained. Strong current cash flow with high occupancy and proven rental performance. Walkable to neighborhood bars, restaurants, coffee shops, and retail. Minutes to Downtown, Balboa Park, and major freeways. Ideal for investors seeking immediate income in a high-demand rental market. Seller open to continuing management post-close at a discounted rate, or rent transition to long-term tenants. Drive-by only; do not disturb tenants.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$1,167 USD /SF

# OF UNITS

6

PRICE/UNIT

$425,000

CAP RATE

5.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

R4

APN/PARCEL ID

534-382-12

ASK ABOUT THIS PROPERTY

Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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Brian NelsonSouth Coast Commercial, Inc.More Info
619-226-6011

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