Log In/Sign Up
Your email has been sent.
2220 Dunlop St 8 Unit Apartment Building $2,100,000 ($262,500/Unit) 4.83% Cap Rate San Diego, CA 92111
INVESTMENT HIGHLIGHTS
- 4.83% CAP on Actuals
- Strong Rental Upside
- Great Condition, Easy to Manage
- Renovated Units
- High Rental Market Demand
- Ample Parking
EXECUTIVE SUMMARY
Welcome to 2220 Dunlop Street – a turn-key 8-unit apartment complex located in the high-demand Linda Vista neighborhood of San Diego. Situated just north of Mission Valley, this well-maintained property offers a balanced mix of updated interiors, dependable cash flow, and future upside potential. (2216-18 Dunlop St - Duplex to be sold together/simultaneously)
The building consists of eight 1-bedroom / 1-bathroom units, many of which have been thoughtfully renovated with modern finishes. Upgrades include newer flooring, kitchen cabinetry, countertops, and appliances, providing tenants with comfortable, contemporary living spaces.
The property is positioned on a generous lot with on-site parking, a shared laundry room, and low-maintenance landscaping. Tenants enjoy convenient access to USD, Fashion Valley, Mission Bay, major freeways (I-8, I-5, and 163), and a wide range of retail, dining, and employment centers.
The building consists of eight 1-bedroom / 1-bathroom units, many of which have been thoughtfully renovated with modern finishes. Upgrades include newer flooring, kitchen cabinetry, countertops, and appliances, providing tenants with comfortable, contemporary living spaces.
The property is positioned on a generous lot with on-site parking, a shared laundry room, and low-maintenance landscaping. Tenants enjoy convenient access to USD, Fashion Valley, Mission Bay, major freeways (I-8, I-5, and 163), and a wide range of retail, dining, and employment centers.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$220,320
|
$78.69
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$6,610
|
$2.36
|
| Effective Gross Income |
$213,710
|
$76.33
|
| Taxes |
$25,830
|
$9.23
|
| Operating Expenses |
$32,333
|
$11.55
|
| Total Expenses |
$58,163
|
$20.77
|
| Net Operating Income |
$155,547
|
$55.55
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $220,320 |
| Annual Per SF | $78.69 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $6,610 |
| Annual Per SF | $2.36 |
| Effective Gross Income | |
|---|---|
| Annual | $213,710 |
| Annual Per SF | $76.33 |
| Taxes | |
|---|---|
| Annual | $25,830 |
| Annual Per SF | $9.23 |
| Operating Expenses | |
|---|---|
| Annual | $32,333 |
| Annual Per SF | $11.55 |
| Total Expenses | |
|---|---|
| Annual | $58,163 |
| Annual Per SF | $20.77 |
| Net Operating Income | |
|---|---|
| Annual | $155,547 |
| Annual Per SF | $55.55 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | $1,715 | - |
1 1
Walk Score®
Very Walkable (72)
PROPERTY TAXES
| Parcel Number | 432-070-18 | Total Assessment | $464,421 |
| Land Assessment | $275,841 | Annual Taxes | $25,830 ($9.23/SF) |
| Improvements Assessment | $188,580 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
432-070-18
Land Assessment
$275,841
Improvements Assessment
$188,580
Total Assessment
$464,421
Annual Taxes
$25,830 ($9.23/SF)
Tax Year
2025
1 of 8
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
2220 Dunlop St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.