1913-1927 Georgia Ct 9 Unit Apartment Building $3,250,000 ($361,111/Unit) 3.01% Cap Rate San Diego, CA 92104

Pleased to present the exclusive listing for 1913–27 Georgia Court, a 9-unit multifamily investment opportunity located on the highly desirable border of the North Park and Hillcrest neighborhoods in San Diego, California. Originally constructed between 1930 and 1950, the character-rich property features a durable concrete foundation, classic stucco exterior, wood-framed roofing, and a distinctive courtyard-style layout. Offered for the first time in over 20 years, this unique property combines low-density, cottage-style living with strong near-term rental upside and long-term redevelopment potential.
The 5,100-square-foot property consists of five 2-bedroom / 1-bathroom cottages and four spacious 1-bedroom / 1-bathroom units . The attractive unit mix, select units with private yards and large designated storage space for each cottage unit. Abundant off-street parking includes (9) dedicated spaces (one per unit), and each unit is separately metered for SDG&E. Recent exterior capital improvements include a new concrete driveway, dual-pane windows
in four units, and all-new exterior siding on Cottage Unit 1919. Through a modern renovation, an investor could capture significant upside and bring rents to current market levels.
*Contact Listing Broker for Offering Memorandum*